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.
I was always under the impression that a DFS and BFS were the same thing, just with slightly different nomenclature. Both offer a greater level of detail and accuracy vs the PFS, giving bankers a level of certainty to commit finance to a project. I am happy to be wrong though and would appreciate someone articulating the difference.
Things change Quady, Everything you quote is many moons old.
"Solgold are proceeding as they have always said they will proceed."
That's a very sweeping statement, how do you KNOW that Quady ?
You are passing off your dreams as fact again.
Just a quick reminder, we recently sacked the person who was responsible for putting together the financing package for Alpala, who highlighted a 'change of strategy' as his reason for leaving.
Copper broken out...on a tear...
Gold also rising steadily...
Silver up 12% in less than a week...and we have plenty of that...
Good afternoon Ortherncopper, we will go to production with a full financing package. That has already been said.
However we cannot get the full financing package without the DFS and maybe the BFS.
Solgold are proceeding as they have always said they will proceed.
Last year we had TAM, Porvenir MRE and Cacharposa..
The SP rose 40% in the 7 weeks from Nov 26.
Everyone survived except Moller who, with Nick and Jason were the old brigade. Jason barely survived but has gone since.
They simply HAVE to get PFS2 and Porvenir PEA out before the AGM otherwise, as I've said before, most of them could be toast...including Darryl...and they know it...
That’s what everyone said this time last year
Hold on Orthern...
They simply cannot go into the AGM without good news...
I can’t see any way forward other than updated PFS, highlighting all the extra value… and that after strategic internal review we have intentions of Cascabel to be monetised…. Data room ready…
I just hope they are faster at that, than their progress with our regional joint venture programme, which is now widely seen as a joke…. Similar to the French translation stalling for time debacle..
Any hint of continuing going it alone without a full finance package in place, will see all the share price lift from the PFS update vanish within days… it’s Standard Solgold tradition, so to be expected….. I will certainly be selling a chunk again without any supplementary news with the PFS..
Copper looking for a significant breakout that would take it on a trend towards $4.00
Comex copper stocks still marching steadily downwards and LME stocks at 5 month low...
Dollar falling steadily from a massively overbought position...good for commodities...
How long can the copper and gold bears/shorters hold on...
Darryl needs to go. He brought nothing but uncertainty.
Fair comment SM
redknight - reposting here as the last thread was deleted (inevitably).
Fair enough red, my worry is that as the market knows a fundraise is coming we run the risk of investors not attributing fair value to the updates. As we know, the SP has declined considerably since it became apparent that our major shareholders are at loggerheads on the way forward, and we had to pull back from our CEO's preferred method of raising funds.
I appreciate I must sound like a broken record, but things are very clearly not good at the top of the tree at SOLG, and for investors - both current and prospective - that is rightly a serious concern.
While the cloud of uncertainty hangs over the company it's hard to see any real share price appreciation, but that's just my - admittedly pessimistic - view.
Well done DBW, And thanks for your diligence.
Interesting article DBW.
It goes some way to explaining why the likes of BHP will not pay full price and they want assets cheaper than exploration companies are willing to accept.
13000 seems a lot in today's terms. But in a few years who knows.
It also explains Solgolds direction of we must take this to production to get best shareholder value.
Lots of talk as usual about bids here, but maybe individual's will read your post and start to understand why that's unlikely.
I still believe that Solgold has called this right and things will be more positive on this forum by the new year.
DBW they need to get on with an offer then I want to retire lol!!:):)
Goldman sachs are a waste of space... fin
https://stockhead.com.au/resources/goldman-sachs-the-only-way-well-meet-copper-demand-by-2030-is-if-prices-top-us13000/?amp
“The belief in the world’s biggest mining companies in copper as a thematic to back has been made clear by decisions from BHP (ASX:BHP) and Rio Tinto (ASX:RIO) to launch ambitious all-cash takeover bids in recent months”
Please stop with the constant squabbling. It's abundantly clear some posters disagree (2 in particular) but it's getting beyond a joke now. Name calling and bickering does nothing to improve this site. If you can't be friends, don't play with each other, as my lovely mum would say when alive.
Surly you've clocked on he's not really invested here, made me laugh when he was the first to point out the sp had fallen on the other listing and to expect the same here. All the other genuine holders here are only concerned about their own holding and not bothered about anywhere else... So obvious! I've only got a £10k holding here as a trade and I'm cashing it in tomorrow hopefully.
Lol
Novice, five years of perpetual fund raising? Not a chance.
Our time will come addict could be another 5 years though
CGP are dead pleased their share price is being trashed. Their silence speaks volumes.
Jerry, fair point.