The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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"The motive is simple. You won't let me have my say so you're all not getting one either. What is hard to understand about that?"
You're wrong about this because lse have the right to banned you for not following 'their rules' and you signed the terms and conditions to follow their rules...
The difference slug is my life doesn't consist of living off lse, if I'm banned I'll just get on with my life... why can't you?
Why don't you start your own board slug then you can create the rules? Stop living off lse to give your voice a platform, try and be useful for once ..
Why would any sensible person want to bring a website down in the first place? lse are providing a great service for posters to share information and not for one deranged poster who threatens to hijack the board when he is challenged and starts throwing his toys out of his pram.. Grow up slug, life isn't all about you, you have been wrong about the sp too, claiming once the pfs lands it would be 50p plus and sailing off into the sunset blah blah blah..
It does seem stupid only monitoring the boards during working hours;
I report you for you being a crude dimwit, and you will be banned tomorrow.. and you will hide again until admin have gone home before you come back like a little tough guy again... boring!
You have no right to post here slug, you're banned and only have the guts to post when admin are off duty... have some guts and post when admin are live...
Hopefully we won’t have to wait that much longer …
Oh dear...
Business as usual on here...
Your posts...excellent as usual...and 15 green stripes...
I look forward to the day when I can sell up and never have to 'meet' these people ever again...and they are just as bad over on AVDFN
Thanks RK …. Sadly at work today
SlugRus, pop your wrists into a bucket of cold water and chill out. You're a good poster when temper management is in control....then you let lunatics like baddy get under your skin. Ignore the lunatic by hitting the filter button. It makes sense, and you know it does!
Well done DBW...isn't this your day off...?
I am sure that more deposits will be discovered and SolGold will show investors, citizens and the government excellence in technological, economic, environmental and social management”, he concludes.
The study has been received with expectation by all market players. The government has indicated its great interest in the project and the company is already processing the permits and authorizations it must obtain to begin construction of the mine.
This work, says Dr. Tauton, will be carried out taking into account national legislation and the best practices developed in world-class operations. The best standards will be taken into account to protect the richness of the ecosystems that will be impacted by the works.
“The company understands that the area is very rich from the point of view of biodiversity and we are going to exceed the government's expectations,” he says.
He also recalls that day by day, at the international level, standards become stricter and that the number of investors who want to see that wherever they put their money is complying with the best standards increases.
With them, the next phase of the project is already being worked on, which consists of raising funds that, according to the study, must be 2.7 billion dollars to start production. In this regard, SolGold's goal is to put the mine into production in the shortest possible time... and in the best way...
Relations with local authorities and the community are excellent. With the mayor's office, a project for the management of the garbage generated in two cantons is implemented and a series of activities are coordinated in the fields of agriculture, education, health and in those that require the support of the mining company.
The issue of tailings, for example, will be resolved taking into account not only the Australian standard but also the best of all international protocols.
"We have close ties and we do everything together to share improvements for everyone," emphasizes the executive.
Vice President Tauton remarks that Ecuador has the great advantage that the projects have been demonstrating the quality of the mineralization that extends from Chile.
It has also been thought to reuse that water and the energy that the project will demand, for which talks are planned with generators in the area already willing to meet the new demand.
The slurry pipeline will only be used for the concentrates that will come out of Cascabel, explains Tauton; and it will arrive at the port of Esmeraldas, which will have the capacity to receive the deep-draft ships that will be in charge of transporting the concentrate to the refineries.
"The technical issues regarding the drying process of the concentrate and the way it is shipped to the ships' holds are issues that will be seen in due course, but the concentrate goes as bulk," says SolGold's vice president.
Tauton highlights the importance of the figures shown in the preliminary study, since they offer investors the profile of the economic value of the mine and, mainly, they show that the recovery of the investment will occur in a very short period of time.
Those numbers are also important for the government, since it gives it an idea of ??what it will receive in the coming years as payment for the various taxes that he considers the current economic scheme of mining contracts.
And for the authorities of the area, the pre-feasibility study offers them an overview of the resources that will be available to local governments for works that are considered a priority.
There is also a project that consists of generating its own processes for taking advantage of technologies that allow an exchange at that level with other operations, which could benefit from the experience developed in the operation of the future copper and gold mine in northern Ecuador.
The Cascabel mine is still a concept. A few days ago, the preliminary study was presented that indicates what is known about the deposit, explains the design that can be applied and demonstrates that it is feasible, from an economic and technical point of view, to extract the ore that nature has placed there, process it and transport it to the port of Esmeraldas for export.
Tauton specifies that the study presented defines the size of the activity of the future mine and shows that the estimated costs for this underground operation -which will use the method known as block caving- greatly benefit from the price of gold and contribute to reducing the operating costs of copper extraction.
He points out that it has been foreseen that the mine and the facilities for the first production will require an investment of US$ 2.7 billion dollars, the same that will be used in the construction of the mine, the plant, the tailings area, the mineral pipeline from the mine to the port of Esmeraldas and a small infrastructure that will be used to filter the water from the concentrate and ship it dry.
May 1, 2022.- The Cascabel mine, which could produce its first ton of copper concentrate within seven years, would be the first mining operation in the country to use autonomous or remote-controlled vehicles as part of an ideal that wants to have the most advanced technology to have the best mine of its time in Ecuador.
“What are the advances that science will have achieved when the mine starts production? It is impossible to know, but it can be said that we will do everything possible to have the best to make Cascabel the best mine in Ecuador”, says SolGold's vice president, Andrew Tauton.
The idea of ??using the most advanced goes hand in hand with a concern that has only now begun to be resolved. It is about shortening the distance between the training of local students and the amount of knowledge required to handle highly sophisticated equipment.
For this reason, it is stated, training programs on technical issues are being considered for the young residents of the communities settled in the vicinity of the project, so that their incorporation into the mining activity is not in the form of workers who perform elementary functions, but rather that they enter as qualified technicians capable of putting the most complicated machines to work.
Should be good for SolGOLD...
But gold down over 1%...copper down to a 4 month low...
Equities tanking (lucky UK not open)...S&P to a 1 year low...
Could be a challenging week...
Damers - Spot on about the ESIA. It was noticeable at the PFS presentation that whenever DC was asked by one of the assembled audience about likely 1st production he kept bringing it back to the timeline of the ESIA. And then right on cue Lasso changes his Mining Minister with a view to accelerating the move towards mining in Ecuador. Maybe DC playing a bit of gamesmanship with Lasso basically saying completion of the ESIA will determine how quickly we get to production so over to you Mr President
20th April:
We had the PFS presentation where it was stated that: ‘what drives the critical path for the overall project is the ESIA’.
The timeline shows this as a duration of 2 ½ yrs. It was repeatedly noted at presentation that the ESIA (Environmental, Social, Impact Assessment) is on the critical path. The ESIA will also include Tandayama feasibility.
30th April:
Move forward just 10 days and……….’Ecuador Cabinet changes reflects the Government wants to accelerate results’
https://www.bnamericas.com/en/analysis/ecuador-cabinet-changes-put-spotlight-on-strategic-sectors
(compliments of DBW).
If the Government is wanting to push the subject forward (which it clearly is) then the sooner a bid WILL land.
PFS Presentation:
https://www.youtube.com/watch?v=1cbttbDjKjs
19:10 – Caves 2, 3 & 4 @ Alpala (as previously discussed)
25:18 – Timeline
39:36 – ESIA critical path
40:20 – ‘what drives the critical path for the overall project is the ESIA’
Damers.
https://fortune.com/2022/04/28/global-gold-demand-soared-first-quarter-safe-haven-assets-inflation/
Solgold has it, get an early start for the gold rich area first which can finance the ongoing mining operations, no brainer really
Atb
https://investingnews.com/copper-supply-heading-for-deficit/
Hardly any name calling (unintelligent, moron, ignorant etc.) off topic comments or other extraneous waffle.
Just pleasant informative debate from various posters.
Keep it up chaps.
Alpala starts producing, just as we hit the sweet spot for supply shortages .
So we have Ecuador who wants to help speed up mining in many ways, the government wants to get things up and running for the financial reward it will bring, then employment of it’s people who will have money to spend in the local communities, win win for Ecuador.
Solgold have a tier 1 which has a minimum life of mine of 50+ years, gold, silver and copper
Then there is the other tenements that are showing promise, it has to break soon, someone or some consortium whatever is going to make a move soon in my opinion.
Just reading quite a few studies on the metals that will be in demand is an eye opener, paper after paper describing what will be needed volume wise, mind boggling really
Anyway it’s a bank holiday so I’m going to chill out knowing the futures bright, future is electric lol
Atb