The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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 don’t think the west are escalating this in the slightest.
Putin and Hamas( Iran) kicked all these situations off………
Sorry Cintra learn your history what happened in 1967.
Yes Israel launched an attack on threatening forces, who were threatening to destroy Israel.
This is the famous 6 day war and meant that land was taken initially as a buffer zone.
Israel has always had to fight for its survival.
Remember it's Hamas that calls for the eradication of Israel and the death of every Jew in the world.
I don't understand how anyone that's not totally evil can support that position.
Yes what's happening at the moment is terrible, but the way to start resolving this is for everyone to call for the removal of Hamas and return of the hostages.
'Anyone who destabilizes genocide gets my vote'. Jeez!
Do you understand anything about Iran? Sorry, that was a rhetorical question; you clearly do not.
It's a complex situation and I'm not supporting Hamas or Israel. I'm simply highlighting the unbalanced approach. The rough figures stand at 33,091 Palestinian's killed vs 1,410 Israeli's in 2024.
That's not proportionate. That's genocide.
Israel need to calm it all down and not continue escalating it. The direct hit on the Iranian's in Syria didn't need to happen.
Quite frankly, Iran's response was actually as gentle as it could be considering what could have followed. They don't want to escalate... that's clear. But what is not clear is what israel are after. Eveb Biden has said calm the xxck down on a number of occasions (not word for word of course) and he's even said he's not supporting any further retailiation by Israel suggesting he too thinks Iran were in their rights to retailiate and that it's now evens...
Someone seriously needs to reign Israel in as they are overstepping the mark by considerable amount and the world is turning against them fast. That is clear. Time to deescalate and time for peace talks. Wars don't solve anything but they make the countries like US, france and UK very rich by selling the arms. It's ugly stuff.
I’d much prefer London to be full of Israelis than the Palestinian crowd that spit their hatefulness every 2 weeks, making the city a nightmare place to be!
Anyone who tries to destabilise a genocide gets my vote. Take a read of Francesca Albanese's report as UN Special Raconteur. https://www.un.org/unispal/document/anatomy-of-a-genocide-report-of-the-special-rapporteur-on-the-situation-of-human-rights-in-the-palestinian-territory-occupied-since-1967-to-human-rights-council-advance-unedited-version-a-hrc-55/
Good grief ColonelDrake your arguments are childlike.
Israel have been under constant attack by rockets since 1994.
They would have been justified to go in and remove Hamas anytime during that period.
Israel has shown huge restraint.
The horror of the October attack means that Hamas must now be removed.
As we transition to green energy, we will have no need for Iran's oil, then we can cut off this disgusting regime.
Fort, I read through your post and nowhere did I see a condemnation of Hamas for attacking Israel on October 7th, nor empathy for the Israeli citizens killed in that attack, nor for those kidnapped!!! What was Israel meant to do, sit back and do nothing?
Long live Israel!!🇮🇱 🇮🇱 🇮🇱
The ones that shout the loudest are turning against Israel. A lot of people support Israelis, they just don’t run around London and the world shouting it.
I’m sorry when you have got protestors marching around London with drawings of paragliders on their banners then I really lose sympathy.
Let’s face it, Israel didn’t start this.
Iran is the most de-stabilizing influence in the Middle East and, by inference, the World. Israel is not.
It's been of a different magnitude because different standards are being applied which makes for a rather ugly world and exposes the hypocrisy.
You have the world willing to spend billions helping Ukraine defend against Russia... no problem with that at all. But then when Israel invades Gaza strip, the world can't help... in fact if you try to help.. you're a terrorist. Mmmm.
You then have Israel bombing a building in syria.. killing a top iranian official. You then have Iran retailiating.. which lets face it all expected and they are justified in doing so.
That's it isn't it? As Iranian recently said... that's the matter resolved.
Now it's up to Israel to behave itself. It's been already been doing some seriously bad things including killing aid workers. So isn't it time the world started to rally around Gaza? Time that the world put pressure on Israel in same way it did over Putin? Where are the sanctions?? Where are the bans on international brands/businesses from operating in Israel.
I'm not take sides, I'm merely exposing the way that the world seems to deal unfairly with one and more generously with another. It's ugly to watch. It's time someone put a stop to it. The world is turning against Israel everyday that this continues and that's not good for them at all.
I'd expect the markets to be up on Monday as US markets fell on fears of major attacks and lets face it... the iranian's told them all of what was coming so they could shoot them all down. Hardly escalation. More a warning. And the marets were down big time on Friday fearing far worse action. China have called for some 'calm' and as per usual they are they steady heads here while the US notoriously gun ho are like something from the wild west.. ready to draw if you so much look at them. Israel are making Putin look like a saint.
Thank you addicknt.
But for the record I have never said this was easy in any way.
In fact right from the start I have said this will take years, when many on here have said we have an imminent sale.
For the record we still have some considerable way to go.
Even when the finances are sorted, construction doesn't start the next day.
Engineering has to produce it's roadmap.
This is many stages and will involve certain aspects completed before the next can be instigated.
Q, my apologies, but in the past you've certainly implied it's an easy task.
Indeed Add
Worrying times
Addicknt I have never said we can raise the money in a few days.
I know these things take time.
I have said we can raise the money in a few ways.
I think we can guess which way the market will be heading tomorrow, although gold should continue its upward trajectory.
In the US, Biden has just reinforced the mutual defence treaty with the Philippines and Japan, as both countries face increasing threats from China.
I can't recall a more unsettled and dangerous time in my lifetime. Forget the Cold War, this is of a different magnitude.
Incidentally, it's only semantics, but when a statement is made which says Solgold 'plans to invest', it may well be true, but it doesn't imply who will own the corporate entity at the time.
Q, we have differing opinions about the production argument and there's no point going over them again. However, I will challenge you on one point. You say we could raise the money in 'a few days'; nothing could be further from the truth.
To raise the sums involved here, set against the backdrop we face, is a hugely complex operation, takes a very long time and is very far from being an easy task.
You've always maintained raising such huge sums is a walk in the park; it most certainly is not and, in my opinion is one of the reasons we will not be taking this into production on our own.
Good grief SharketMare.
How do you think companies raise money.
This could be done in a few ways.
Forget about the market capitalisation of a company and think about the value of the resource.
These are two different things.
First of all we need to raise in stages 1.55 million dollars to get us producing. Then becomes self financing.
This can be done with a mixture of offtake and loans.
Scott has already indicated that a royalty deal may make up part of the deal .
Also people have speculated on a JV.
This also raises finance.
Lastly talk of selling some tenements on a closed cadastre.
Their are lots of ways to finance advancing Cascabel.
We await the strategic review.
What you fail to understand is the $3.2bn is nothing at this point but a statement of intent to invest that capital developing Cascabel under the CIPA (revised IPA). Under the initial terms of the first IPA we agreed to invest $430m between 2011 and 2023. We didn't meet that level of investment. Because of this, and the fact that the project status has changed from exploration to exploitation, we've had to negotiate a second IPA, which is being billed at the CIPA. The signing at PDAC you link to is essentially meaningless until the actual document (which will contain details such as timeframe etc) is signed, and it certainly doesn't mean we're going to raise $3.2bn.
Why do you keep asking what I'm on about? The idea that we are going to raise $3.2bn is insane. How do you suggest a company with a market cap of £300m does that?
SharketMare what are you on about, Solgold have given an undertaking days after two finance guys were hired to raise 3.2 Billion dollars.
I have just put up a link as requested.
You obviously did not listen to the live announcement.
How we do it nobody knows yet.
But that's the next piece of information we are awaiting.
Try and twist it if you like.
But it was pretty clear.
"Plans to invest" does not equal "plans to raise". Just as when we signed the first IPA with a spending commitment of $430m at Cascabel by end '23 (which we have not met), it didn't mean we planned to raise $430m.
Very different things.
Ok everyone else knows this, but just for SharketMare.
https://www.miningfeeds.com/solgold-tsxsolg-announces-historic-3-2-billion-investment-in-cascabel-project-ecuador/
Can you just point me to where Solgold announced that it's going to raise $3.2bn?