We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Definitely a tree shake...
Market quote 17.62/18.20 but...
Firmly bidding me for 300k at 17.73...
Lest see what this pm holds...
“ When selling a company, the key factor in determining what you get is the level of demand for the asset. This is a top tier asset as indicated by BHP’s, Newcrest’s, Franco’s and Osisko’s involvement. Copper is in demand. So we will see what happens.”
Pretty much everyone knows this is being sold
HH, not sure why or where this got started. You are definitely not Slug. The first time I saw your name here, you were politely arguing with him all night (and teaching him a few things). You also post on SAVE, which Slug would never do. Nor could Slug keep up the pretense for this long.
Bascially if you post something on here which others disagree with, they'll accuse you of something. We have had dozens of Slug profiles, but you are not one of them, I am 100% sure.
MMs taking this down...
Tree shake...?
17.62/18.20
More from Mr Irwin
https://twitter.com/bigdude6669/status/1589603061261291521?s=46&t=RKhbf8PMXtPl1Bxb4G4s3Q
Courtesy of slug
He is playing most people like a fiddle
I don't think hubris is slug zoros
Very exciting end to year coming Indeed fortissimo will we see all time highs this year
Zoros I have stated on here that for his DDOS attacks on this board he should be banned for life.
I don't defend him beyond thinking it's a shame (for himself) that whatever positive contribution he could have made was destroyed by his appalling behaviour. ADFVN gives him limited scope to misbehave, so we see more relevant posts from him.
I blame Quady just as much as Slug for the dire state this board was reduced to for months. All that going into production and diverse book and passive aggressive know-it-all mansplaining stuff would drive any good person bad.
But - as much as I like to believe that everyone is capable of redemption - Slug is NOT welcome here in my book.
Sean’s tongue is so brown from sucking up to anyone who ramps he can’t see the BS for reality.
Slug did not predict this at all, all he said was something good would happen this afternoon.
He has predicted many events that have not happens.
He is a bit like Russell Grant in that if you want to suck up to someone as much as Sean does then you’ll find a way to spin what Slug posts
Sean - good afternoon to you. I think you're blurring the lines regarding slug. Anyone who posts hate messages, as does he - doesn't get away with being described as 'decent' in any shape or form. His solg related posts remain civil and knowledgeable but his persona remains poisonous.
Anyone who accepts and/or supports his personal opinions is contaminated also.
As long as he remains focussed on Solg - no harm done.
He's about to pay this platform a visit today apparently. In a bad way, no doubt. Let's see.
For further information - ask HH.
Z
The way I see it, SOLG either sell ENSA and retain the exploration folio or they sell out lock stock and barrel. We know what lies ahead in the future regarding Copper. But just let that copper shortage soak in a bit... yes Alpala will deliver a bucket load of copper/gold and pm's over the next 30 years+ but SOLG's folio is second to none in Ecuador. Remember permits are hard to get and likes of Fortescue (second largest licence block holder in Ecuador) have already had problems with eco warriors and indigenous communities. So ironically, it's the untapped SOLG folio that is likely to be the most valuable part yet the market values this at close to zero due to lack of exploration/discoveries. Alpala will not solve the globes copper shortages. But throw in RIO and a few other targets in SOLG folio and you then have a mining nation and Ecuador are ready to take that step give or take a few hurdles which Lasso is taking care of.
The strategic review may well result in the conclusion that they will seek a buyer for ENSA. Shock horror not! But the interesting part of the review might well deliver the forward story which will indeed see SOLG try and rinse and repeat via exploration. Some investor won't have the appetite for another 10 years+ to see something along lines of Alpala, but what if SOLG change strategy and drill some licence blocks, bank some great holes and then sell the blocks on long before any talk of production emerges?? Each one of these early exploration finds could be worth north of $500m. And the regional foil could have 10 of these with ease.
Now funding sorted, all attention moves to PFS2, Porvenir PEA and the long awaited conclusion to the strategic review, which if you want my honest appraisal was finalised and agreed some months ago lol!
Should be an absolute stonking end to 2022 for SOLG with all action coming in last few weeks. Had to wait a while... bt it's coming alright.
Both dbw....watch what happens and enjoy ,our time is nearly here gla.
Sorry that was a UT but 19.11 paid just before that...
Volume slowing but MMs still bidding for 100k above the market quote...
Its lunchtime...lets hope for an exciting afternoon...
Slug's been on ADVFN talking sense and he 100% predicted this today.
He's actually a decent poster when he resists the temptation to get involved with our village idiot.
HH - you tell me?
Z
Very funny hubris... ;))
Fortissimo
“ Sandeep Singh, President and CEO of Osisko, commented: “We are excited to partner with SolGold on one of the best copper-gold discoveries made over the last decade. We believe that Alpala has the potential to become a Tier-1 asset with a much longer mine life than currently envisaged. SolGold was a first mover in Ecuador and we view the broader Cascabel property as having the geological potential to support significant further discoveries. Osisko’s investment in SolGold adds yet another high-quality royalty to our portfolio of peer-leading growth.”
No wonder they’re excited….. wonder if they’ve got the heads up on PFS addendum or a little glimpse at Moran ??
Wrf are you talking about?
Firstly - Slug called this a few days ago - gawd only knows how he knew but he did - hats off.
Secondly, as mentioned earlier, it's enough to keep the lights on for a few months. Solg and its army of hangers on in ecuador will devour this quickly.
Strange how they turned down the FNV similar offer a while back, only to accept this one at a greater cost???
HH and Redknight are saying 30p by end of this week - WTF?
Rednight obviously talking thru his proverbial.....but HH.....can you explain how a pittance like this will raise the SP by 40% in 5 days please??
It won't crack 20p.......the financial transfusion is too little.
The only good news for me is that the Strat Review will go ahead with confidence and this may bring some sunshine into the burgeoning camp that is Solg.
Z
Brighter start to week . https://youtu.be/95K4phDex3U interesting channel for free investing info . Can Solg price keep moving up .
19.20 paid at 12.10....come on....!
Fortissimo,again your correct there they want top dollar imho
Considering the connections between Sandeep (co founder of maxit) and current CEO of Osisko, it's borderline 'insiders' deal. I said a week or two ago that I would have been disappointed if the 6.7% CGP SOLG stake got placed at a discount to someone like Maxit. Maxit sold out to BHP at 25p many moons ago so the idea they could get back in with a wedge narked me. So the royalty deal (in effect) is an another way Sandeep seeks to gain. No problem with that apart from the fact that it potentially looks like a bridge loan... SOLG have facility to buy it back (most of it) or future buyer. Now if Sandeep (closely connected to CGP guys) knows they are selling out to a buyer (post strategic review) then he's effectively loaning that $50m and securing it against royalties but firm in knowledge that someones going to be buying it off him.
You see... when certain 'money men' see the green light for a monetisation or disposal.... often you see a bit of nest feathering going on before the event. Ugly I know... but that's the way it is.
Maxit or rather Sandeep... very much involved here and bodes well as these guys are smart cookies as is Mather and no one will be getting SOLG on the cheap post PFS2.
How about this lunch...
Total annual cashflow is $14.5bn x 0.6% + $187.2m in cash terms
At 0.6% is $87m
But Osiris value is $50m, so
NPV is reduced from $2.9 billion to $1.67bn (50/87)
Which is £1.44bn at current dollar rates
Divided by 2.296 million shares = 62p/share...
All comments or observations welcome