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When the world goes into real turmoil , the green agenda is mostly forgotten. I hope she doesn't mature and realise what a young mouthpiece she was and was ultimately betrayed by her parents.
Quady ,please read what I posted once again ,.To me and others it isn't nonsense , to you it is.
Covgaz that's nonsense it's the man made part that is the problem not climate change. It's a cumulative effect.
Not sure there has ever been an apostrophe in wants. Quady you invent English, mathematics and economics to suit your narrative. But it’s all nonsense, as usual. The business is for sale so get used to it.
Quady , we all understand climate change , we all don't agree it's man made.
Slug isn't interested in Solgold he is only here to spread lies,
Even he cannot be so unintelligent to not understand climate change.
I'm pleased to see news posting
Mavis, not so much.
You were doing so well until you got to climate change isn't real.
But, don't Sumitomo do mining? Gold mining in Japan? Not clear from a quick search on Google:
"Sumitomo Corporation is a general trading company. The Company imports and exports a wide variety of goods such as metals, machinery, chemicals, fuel, food products, and textiles. Sumitomo also operates real estate, construction, shipping, insurance, finance, and, leasing businesses."
Not entirely clear what Mitsui do from a quick search, apart from being an old family name in Business in Japan?
From the DGR Global RNS, 14 Oct 2022:
"DGR Global is strongly supportive and welcomes the normalising of the Cascabel ownership & board representation in Solgold."
"DGR looks forward to RESTORATION of shareholder VALUE as a result of the merger &
O U T C O M E S pursuant to the Strategic Review presentation."
Outcomes? Have to wait and see , further to Solgold's earlier RNS on Strategic Review presentation.
DGR is/was the mother ship of Solgold, a daughter co or investee co?
"Solgold gets dressed up for BHP or Newcrest bid."-Miningnews.net, 12 Oct 2022.
"A takeover move on Solgold has been hinted at on and off since 2016. The chatter has just been fired up again, writes Barry Fizgerald.
This time around it is thanks to a C O U P pulled off by former BHP & Orica senior executive Darryl Cuzzubbo, only 10 months after becoming Solgold's Managing Director."
Comment:
What is the coup? The Australian article posted last night stated that MITSUI and other potential partners are in the mix for Cascabel's development. I dont have the article with me right now, so look at my profile if interested in the exact words. So, whether the two majors may not leave the space to these new comers, one will have to wait to see.
Mitsui business model is mainly on equity positions in projects rather than running them.
BHP/Mitsui looks a credible candidate for a TO.
BHP’s relationship with Japan is strong but the partnership is only strengthening.
“The world must address head on the threat posed by climate change,” Henry said. “That’s going to require minerals. It is essential that those minerals are produced in a sustainable way, and that their associated value chains are stable, reliable and also progressing towards being carbon free.
“This need has seen us deepen our levels of collaboration with Japanese partners to levels not seen for many decades. And we continue to explore opportunities to do more together, faster.”
Jezzoo if we do a streaming deal, that's our part of the finance, the rest is loans.
So no dilution or minimal dilution.
Up 12.24% on tsx gla see you Monday
Sorry Quady, been out for a late lunch..
Put simply, how is development of a mine going to be paid for ?
At least some of it will be dilution, exchanging funding for % of the company, however it is achieved it has the potential to dilute our stake including deals based on future profits.
Another large UT share dump after the close today, def someone selling large tranches into demand
ZOROS,85p range within range of coatings ,but where's potential assets ?,include them zoros then £1.32 range achievable imho
For those who didn;t see this on the 10th:
"...Valuation: GBp85/sh; FS due H2 CY 2023
We leave our SOTP valuation unchanged at 85p/share as we await completion of
the CGP deal and publication of the updated PFS. Alpala currently contributes
~US$2.3bn to our SOTP based on 85% ownership and a target P/NPV of 0.8x
our ~US$3.4bn DCF (at Jun’23E, 8% WACC, US$8,500/t long-term copper).
We then add a US$72m based on 0.3x our ~US$240m DCF for the conceptual
inclusion TAM, include US$150m for SolGold’s regional portfolio and adjust for
net cash and outstanding options and warrants to derive a GBp85/sh target...."
Z
Bozi that's not the situation.
Each one that want's a sale is not the same company, so they are competing against each other, they are not working in concert.
That's the power of the diverse book.
So to answer your question we are more diverse as the majority don't want BHP or any other entity to acquire Solgold.
They all want their share.
More or less diverse?
Quady, consider this please if you would. Rough figures for illustrative purposes.
Say before the SOLG CGP merger we have 1000 SOLG shareholders and 200 CGP shareholders.
So post merger we have 1200 SOLG shareholders.
Now say before the merger, 50% of SOLG wants to sell and 50% wants to hold for production.
Now let's consider that 80% of CGP wants to sell and 20% wants to hold for production.
Is the book more of less diverse?
When Solg/CGP each partly owned ENSA, Ecuadorian tax rules made purchase inefficient for any buyer - with the CGP purchase that has been tidied up ENSA, this makes a sale more likely than was the previous case -I believe the intention is to sell this off and probably CGP do as well
Jezzoo why do you think going to production means serious dilution .
Like you serious question.