Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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Just ignore the twat. It only rears its ugly head on days that the share price is going down
Stackhigh, you must have missed the acquisition of Ecuador focused exploration and development company Adventus, just last week.
SH. You are probably stuck in the Western 21st century business paradigm , where short-termism, ab-reaction to short-termism, and the desire for immediate monetisation of every aspect of the economy is the dominant business model.
But there are parties who are able to think and act strategically, over a longer time period, as they are not driven by careerism, immediate results and short term investor returns, share prices performance determined by this quarter's divi payment etc. Some countries have a more centrally planned and financed model.
Not mentioning any names, but we have an inkling who thinks and acts like this, so who is likely to end up with this plum asset.
Well done, SM- you're beginning to grasp the time frames involved here. No TO in the next couple of years as there's no need. Wait for the SP to drop, wait for solg to get desperate, wait wait wait.
Those claiming something is brewing here now are the same brainless f**ktards who have been claiming the same thing for years- check their posting history. Patience is needed, but some of them are so old they can't wait. They won't be around in a couple of years to prove I'm right, but they will be around in 2 months, still claiming things are just around the corner 🤦♂️
Agree
Not only that, those who miss out on the current round of M&A of operating mines will have to expedite bringing new mines online to partake in the metals bull run
Explorers and juniors will be picked off next
Link here: https://www.ft.com/content/e37bc016-43b3-49b1-bc39-dec8dc2234c0
The thrust of this piece is that the big boys are going after producing assets to avoid the hassle of having to build a new mine themselves. That being said, producing assets worth the time of the major miners are few and far between. At some point, in order to secure future supply they are going to have to bite the bullet.
Quady, it’s political! It’s a left wing ideology and nothing at all do with science. The link has never been proven and it can’t be, we can’t rewind Earth 300 years and play it again without fossil fuels!
Like all left wing projects it is collectivist. They create a vision of a world they like which typically involves everybody having to behave in a particular way
Conversely right wing ideologies are typically more individualist and based on personal responsibility
When the right protests for example, it’s usually to defend an individual freedom or to ask to be left alone rather than telling others what they have to do
If you believe in the rubbish, then live your life accordingly. Just don’t expect/mandate others to agree
This is my post in response to S/O on ADVFN suggesting we are "going down the toilet" in the next few weeks, running out of cash...
Here is the complete list of options:
1 An equity issue. Could be done at any time. Yes the price would be penal, but are you going to tell me that with a NED on the Board Jiangxi haven't been asking for more shares.
And SOLG are so confident that they keep saying no..."non equity, non dilutive..."
2 The sale of the former CGP shares...155 million sat on the CGP balance sheet.
There would be absolutely on difficulty whatsoever in selling any or all of those shares, especially to Jiangxi or another would be bidder.
But Scott and Sangha have stated they would not sell these in the foreseeable future and certainly not anywhere near the current price.
3 Another streaming deal...
The last Osisko deal was $50m for 0.6% when copper was $3.83 and gold was $2000
Since then the value of that 0.6% has increased by 21%, so it should be a walk in the park to do another 0.5% for $50m...
4 An offtake deal. Scott stated earlier this year that since PFS3 they had at least TEN Expressions of Interest in doing an Offtake deal. The most likely candidates must by definition include: Trafigura, FNV, Glencore, Wheaton, Yamana, Jiangxi, etc...
In March, First Quantum were close to bankruptcy. Jiangxi agreed a deal for $500 million for 50,000 tonnes of copper anode a year.
Maximum, Solgold would need only $50m to cover all their cash requirements for the next 2 years, because Scott has stated categorically that "we are not mine builders..."
So given that First Quantum were desperate and given the TEN competitive interests, I believe we would be able to raise $50m for a commitment of as little as 4,000 tonnes a year or less from our 150,000 tonnes a year average copper equivalent production.
4,000 tonnes a year at current values is $41m a year...
(But better still we could do an offtake deal for Porvenir, which is an open pit mine...
Maybe less with the competitive element of gold included...)
And its no skin off the current management's nose because...
The deal would be conditional until production started; it represents a loan in kind; it could be cancelled by an intended predator; and...best of all...
It would light a fire under the SP because cash is the only concern holding the SP back right now (together with the manipulation), so I would expect the SP to trade in the 20s within weeks, meaning the CGP shares could be sold and the offtake agreement cancelled...
Simples
Slug you are a liar or a complete fool, or both.
It was 20 million years ago when the Earth was 1,000 parts per million.
No human life existed because not only could it not exist, it couldn't even start.
Evidence attached below.
I show evidence you show video's which are unsubstantiated.
https://earth.org/data_visualization/a-brief-history-of-co2/
Just consider some uncomfortable facts, such as the one that more than half the supposed warming claimed since records began came before the Industrial Revolution when the population was far smaller and didn’t use fossil fuels in any great quantity
It’s bloody obvious if you open your eyes to it. You just won’t. Because it’s a cult
We’ve done this. You’re sucked in by it all and can’t see why
For the 2 million years before the last 800,000 you lot quote it was consistently 1000ppm due to geological effects, ie far higher than now
Did those effects just stop the minute man occupied the planet.
You know deep down it’s total bullocks. If it really was ah “existential threat” the we would be at war with India and China to stop them using fossil fuels and “killing the planet”
Do they care less about their children than we do about ours? Or do they just not buy the hoax?
Ok slug challenge the science then.
Show me peer reviewed study that shows climate change is a hoax.
Not a you tube video, or some idiot has posted.
Start off by explaining how we got from 200 ppm to roughly 425 ppm in such a short time period.
Try explaining why the natural worlds carbon sync's are saturated and why CO2 levels are climbing and not going down.
It is when it’s based on politics not actual sicence, is not allowed to be challenged and is protected by state sponsored propaganda….
Slug yet again you show yourself to be the most unintelligent poster on here.
You are now saying Science is a cult/religion.
Price down today and the twat behind the green box appears. It’s like clockwork
Ignore the khunt
Slug mistaking us for people who care, yet again
Climate alarmism IS a cult/religion!
Suspicious*
I see novice is having another meltdown why would he even be entertaining the idea what nonces get up to and first thing in the morning?
Hmmmmm that's suspect.
I'll leave you to it.
"It wouldn't surprise me to find out you follow some religion or pseudo religion ." Quady.
Yes, I quite curious about something called WOKE. Are you familiar with it ?
Ok looks like it's going to be a quiet day regards any SOLG news ...
have a good day all and stay away for the sake of these nonces...
55p Someday soon !!!
That's right skint.
As long as we both know the truth I'll take it.
😉
Kat2008 I realise you are not quite right.
You support Putin without any knowledge on the region.
You are a climate denier.
It wouldn't surprise me to find out you follow some religion or pseudo religion .
Then you would have the complete set of nonsense going on in your head, which would go some way to explaining why you think the way you do.