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.
Kat2008 that's complete rubbish.
The rac.ial part is recent.
The rest goes back to the ancient Greeks.
Know your history.
You just made it up.
Try reading about statecraft and how nation states at created.
Free speech is a major factor.
" You cannot racia.lly abuse people, you cannot use hate speech and you cannot incite violence. "
Historically, yes you can. The current political regime says NO, but they can fark off as they have no legitimacy, only their desire to dominate us.
Duh. That's why it was free speech. I could call you names and you could call me names. Don't like it.... either suck it up, or find a way to make common cause and get over it.
How have we all become such pussies.
That's about right Orthern.
It'll be sold off on the day and within 3 sessions will be back to the same level as pre news.
70p is just a dream…
What sort of spike do you see from any news of a JV?
25-28p and large numbers will bail out
The only way it reaches 70 is if two parties go hammer and tongs for at least 3 bid rounds, which I consider to be unlikely.
Opening bid will be 28-32p. Someone will need to oppose it to push us into the 35-45p range I think will be successful.
45-50p if the original bidder makes a 2nd offer. 55-60 if the other party counters.
“The authorities and Australian mining company Solgold agreed to move the Cascabel project to the development stage. This is the seventh largest copper and gold project under development in the world.
The mining company will invest $5 billion, $35 billion will be exported from 2030. The State will have an income of $8 billion during the life of the mine.
Cascabel found that Ecuador has the same geology as Chile and Peru, the two largest copper exporters on the planet. The Andes are to copper what the northeastern coast of South America, Venezuela and Guyana are to oil: the world's largest deposits. Chile has the largest copper mine, Escondida, and in the group that operates it is BHP, which is also the largest shareholder in Solgold.
Ecuador has not produced copper like Chile for two reasons:
1) Our Andes are not arid like a good part of the southern Andes, and therefore it has been more difficult to detect the mineral. Ecuador has not been explored as intensely as Chile and Peru, so the search for copper has better prospects in Ecuador. In Imbabura just south of Cascabel is Llurimagua, in which Codelco invests: the first operation of the Chilean state company outside of Chile.
Ecuador is the future of Andean mining, unless we Ecuadorians prevent it. The Fraser Institute, which surveys mining companies, classifies Ecuador as the country with the best mining prospects in the world outside of a couple of areas in Canada and Australia, home countries of the largest mining companies.
2) Our mining regulations are not competitive, another factor behind our backwardness. We are suspicious of foreign investment, we pass laws that establish unrealistic conditions and we are the kings of paperwork. This changed with Gustavo Noboa's mining law, but the National Assembly blocked it again in 2008. Rafael Correa reopened mining in 2015. 7 years were lost, so Cascabel will be in production in 2030 instead of today, when we so need that tax revenue.
There is no need to grieve over spilled milk, but do avoid making mistakes again. The Constitutional Court hinders mining investment. Lenín Moreno closed the mining cadastre in 2018 and Guillermo Lasso has not reopened it. This interrupts the inflow of capital, and last year there was foreign disinvestment in mining: what the two mining companies in production send abroad is more than the new investment, while dozens of companies wait to be allowed to invest.
There are other projects ready to go into development: Loma Larga, Curipamba and La Plata. Behind come more, including Crabs (El Oro) and Warintza. It is necessary to facilitate exploratory investment in many other projects and open the mining cadastre for new companies to enter to prospect. You have to have activities at all stages.
Norway has just announced that a phosphate, vanadium and titanium deposit discovered in 2018 is commercially viable; The Government supports the project and its development will proceed.”
Quady. I repeat, if you feel offended by his posts, don't fu""" ing read em.
But you can't can you, because if you didn't read them, you would have nothing to scream about.
Then you wouldn't be able to tell everyone how offended you are.
Go out tonight, go to a pub, get into some male company, enjoy the banter, you may have a nice evening.
It would be much better than looking out from behind the curtain to find the next crusade to go on.
Why do you not call out novice, with his manchild vile comments. Is it because the spineless little turd agrees with you. Just bear in mind your no1 supporter by his own admission supports putin.
How does that stand with your ridiculous holier than thou indignation
Be realistic Slug… how much are you expecting?
I expect no higher than 35p
I expect India to assume the rising economic power as China starts to enter damage limitation
It’s probably the knock on consequences of chinas economic fall that will be worse… when they can not prop up all the countries that are technically ready to default, it becomes a house of cards.. and as is always the case, the poorest are affected first and the most..
Let’s hope it is soon…. But to be fair, you have been saying it’s not far off for about a year now.. and now we are mothballed…
The joe bloggs channel does some superb videos on economic issues.. his analysis of China and Russia are excellent if you want a break from di_k measuring
We need to get a shift on bringing this Solgold story to a close, as when the Chinese economy tanks.. the knock on effects to the global economy will make the credit crunch seem like a minor issue. And it’s already started to happen. Metal prices are not going to be pretty.. we don’t want to be trying to flog this asset during a price bottom.
The information is out there already, it just doesn’t get much detailed coverage in mainstream news outlets.
https://www.youtube.com/watch?v=fsZQL-_Y9CA
https://www.youtube.com/watch?v=V7En1hELQPc
People still seem to assume the Chinese are a limitless, economic dream… it’s debt situation is becoming a mess, much like the wests..
Morning smickster
Bang on mate and personally I like everything Scott Cauldwell is doing and saying ( in that he can only say so much ). No hiding the fact that we’re not drilling anywhere in fact he was emphasising the point. All the term extensions / licenses are derisking the project for whoever the new owner may be.
All we need now is some competitive tension and we’re off.
Also good to hear that whilst Maxit & Citi are retained, they only get paid if they come up with a “substantial transaction”
Very happy now to sit back and wait this one out now, it may be a long road but it’s a straight one,
ATB DBW
Quady NAL is to put it simply a Khunt of the highest order with too much time on their hands no more no less.
Who cares what they say apart from a few others who clearly keep taking the bait...
Have a good Sunday all and lets hope the weather gives us a window to level up the ashes !!!
Smickster that's not true.
Alpala could be the biggest silver block caved mine.
The same for the third biggest gold and sixth biggest copper.
Of what we have here.
Cascabel could become the largest silver mine in the world, the third largest gold mine and the sixth largest copper mine, making Ecuador a breakthrough in the mining sector.
I had a season ticket for 11 years until Mourinho and Pogba drove me away...
Must sign Hojlund, Kuani or Osimhen...
If the Glazers dont sell there will be riots...if we dont buy a credible CF the SP will crash...unless Jassim buys it...Ratcliffe and the Gazers joint owning is an even worse option.
Cheers Slug.
Produce a post …..not a list
Eloro
Produce a list where I said it would never happen, I didn’t, what I did say is time is running out.
Most governments are useless but solg have put some effort in to getting it over the line.
However as the market showed and despite the ott enthusiasm on here on the licences being awarded it made zero difference to the sp albeit takes the pressure off it dropping closer to the previous deadline.
What I will say is I seriously doubt there will be a bid and a JV is the most likely outcome as Mather doesn’t need the cash and he wants to see this through to fruition no matter how risky that is.
To extrapolate the licences as some great government plan to get it all signed off prior to the election is pure fantasy and zero chance of that happening…….
@KS, given they're trying to sell the thing in one way shape or form, 'on track' is good enough for me given where we are. I hope you mean Man. Utd, great club and my boy and I go whoever we can... even did in Ole times which was painful! On the way back now and nice to see Ten Hag has us on the right track. Some of the players were off the rails a couple of years ago, heard some very worrying stories from my mates driver who used to do a lot of work with some of the utd players but I think this crop are far more professional. Bring on the new season for sure, but still reckon we'll all be chasing City again.
Keep you're finger on the pulse KS!
boxing=good
football=****e
surprised you like football s**g tbh
The rugby is good though.
100% ks, has your contact given any indication of how close we are though, or are we still at the 'lots of interested parties' stage like scott said?
... wish this rain would do one so we can finish off tanning the aussies ****s at old trafford. atb, c
Tesla, lots of folks posted here that a bid could come at any time. For me, a bid is synonymous with a deal. Not beyond impossible for someone to bid before August 20th.
Further, some insightful posters posted here that we could see a fast tracking of approvals. You and the other stooges said that wouldn't happen. Yet here we are with terms sheet agreed.
BTW, great call King Slug!
For what it is worth (not much) the FT Portfolio has this to say about SOLG:
"The 4 analysts offering 12 month price targets for SolGold plc have a median target of 53.67, with a high estimate of 85.56 and a low estimate of 40.45. The median estimate represents a 218.69% increase from the last price of 16.84."
Well they are all positive about SOLG and I am now cautiously optimistic but do not expect a bid or JV in August. Great if I am wrong but see this being some months away in 2024. My best share at the mo btw is EEE, a potentially giant copper resource in Australia free of the political volatility of South America. The big resource players have options and SOLG is one of many.