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.
Elope you’ve been wrong about Scott in the past. Added to that who would remain invested in a company if they had zero faith in the CEO
No Add, no relationship to Ms Abbott. However, I can see why you would get that impression with me having invested in solg! Never mind multi-generational mining, at this rate, it will be my great grandchildren who may benefit here!! Assuming of course Ecuador doesn't take back the concessions due to lack of progress!!
Haha! Especially when she’s wearing odd shoes…
Eloro, are you sure you're not Diane Abbott's twin brother?
1984, don't be silly, Diane Abbott can't run
Quit picking on Ms Abbott😆
Besides, I would say that the inexorable fall of the SP back to 5p is in full swing thanks to the other genius at the helm of our flagship company!!
The only single hope we’d have of obtaining finance would be if Diane Abbott was running the numbers
Add, yes, that's essentially the point I was trying to make. Offtakes/royalties will be fine, but no bank is lending us money against a PFS IMO.
Shame he meant analogy
SOLG must have one purpose. Firm up the assets and sell each one if possible. Forget the nonsense about themselves taking Cascabel to production. That route is fraught with higher costs, overruns, delays etc etc....
DBW, good grief! What's wrong with them?!
Add to be fair analog is correct in Canada
https://sapling.ai/usage/analog-vs-analogue#:~:text=In%20India%2C%20there%20is%20a,%22%20(84%20to%2016).
Funniest post of the week.
Bbg telling people not to qoute him.
Bloody hilarious.
Bbg, people don't believe you, why oh why would they qoute you
SM, absolutely right. Although the company has previously muttered things about a DFS being a quick step from the PFS, I've never really felt there was any conviction behind the statement. In fact, I don't recall seeing anything about this in more recent comms - although I may have missed it.
Of the various value enhancing building blocks which have been mentioned, the DFS isn't one of them and how you can raise $1.5bn without one, is difficult to understand.
Now there's a funny thing.
I guess you picked your wife's phone up, or fotgot to log on adikt.
It's becoming a common mistake.
I also understand that it may not be necessary to deliver a dfs due to the level of work completed to date.
Don't quote me however I recall this being discussed via a former interview
Sorry dbw I didn't mean that we wouldn't be able to raise funds in the short term. I just find it very difficult to believe that we would be able to finance building Cascabel off the back of a PFS if we decided to go it alone.
Hi sharketmare,
My take is that we wont be producing one as we won't be operating the mine.
Separately, its likely the future custodian will has its own interpretation and or advanced study as to how they will intend to extract the ore as they have had a fairly detailed pfs since 2022 and this time would have allowed interested parties much time to develop their opinion.
If you look at BHP's presence in Ecuador via Linkedin, it confirms that they have built a large technical team over the years, even without owning assets... I wonder why :)
Sharket
The point is every license we secure, each box we tick the more the project is worth. We will not be building this but I’m fairly certain we can prove that financing it isn’t an issue.
A timely reminder too that we haven't produced a feasibility study (DFS) and have no plan to. Yet people think we're going to finance and build a mine. Wild.
'best analog'. Oh well, maybe English isn't his strong point.
Interesting to see our very own CFO replying to HH on Twitter looks like we are indeed following the same path as Lundin at the behest of the Ecuadorean government too
https://twitter.com/cstackhouse/status/1775945934649618761?s=46&t=XX3-iZapJ1HaXMFlnE7nKQ
Red, aka Lord Braggart, is on a ego trip! We are meant to read his posts and be instantly filled with envy 😆
This share will drive anyone to drink. It wreaks havoc with PIs hopes and dreams, all the while the buffoon we have as a ceo bang on about The Rocks and engorged himself at the trough😔
Absolutely, red knight.
Plus you've not mentioned the price of copper and gold for at least 10 minutes.
Bring it on.
Sp today 9p
Also rk, do you not think at times what you post is stating the blee***g obvious, and apart from that, completely irrelevant to today's price. We're or others are light years from production.
Look at the price of gold when you started educating us, compared to the sp,
Then look at the price of gold today
Then look at today's sp.
Then explain to me WTF are you on
It’s cheap talk, he will be out of power long before the moment came to actually leave the wretched ECHR