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.
Just dropped in to watch the tumbleweed drift by...
I know maths isn't your strong suit, novice, and the number 20 triggers you owing to previous demonstrations of your ineptitude, but I very much doubt Sean is having meaningful connections with people when he's rage texting about solg fantasies... 6000x 3 minute windows of absence. And for what? To still be wrong a decade later.
Maybe this will be the wake up call he needs to get out there and enjoy life, put this share in the bottom drawer for a while whilst nothing much happens? Who knows.
Self imposed EXILE, can't keep away can you.
Your another who has been humiliated and found wanting, but is in denial. Clown.
We ought to put you and the other hunter fantasist clown in a room together. You could throw your handbags at each other.
Not only does he like you spout lies. He also like you pretends to be the board tough guy.
Complete fantasists the pair of you.
What a load of crap agar !!! 20 days not spent with friends or family ???have you not heard of tablets or mobile phones or have you got to lock yourself away in a "special" room every time you post a message lolzzz
Sean, over the last 10 years (yes, 10! You deserve a badge!) you've spent over 12 days (based on 3mins per post) posting your nonsense. Call it 20 waking days if you take out sleep.
20 days of your life. 20 days not spent with family and friends. Nearly 3 full weeks.
And here we are: no bid.
Ouch.
Unfortunately bubble, you live in dreamland there. ATB with AYM but think you'll be suffering on that one.
Still no takers then?? Surely one of the dreamers can find another Tier 1 mine out there that is 100% owned and NOT in a super majors or government JV'd hands??
Come one.... some one out there??
Or are we to assume SOLG is the only route to a Tier 1 100% owned copper/gold mine in the world?
Hfm and sh. I take no lectures from a pair of complete fantasists who sadly now believe there own lies. The board has become a collection of fantasists. Who know full well each others posts are ridiculous, but can't bring themselves to admit it.
I will no longer give the time of day to the clowns who are so thick skinned as to ignore the fact they have been found out
What's a ridiculous claim? I'm not sure what your so bothered about to be honest.
I hope for a sale soon. That doesn't make me a ramper.
My post was about Warren Irwin's ability to create selling and buying opportunities with his pronouncements. But even anonymously I'm not going to accuse the guy of doing anything that breaches market rules.
We all have to construe what he says according to our wits. You do yourself a great disservice by labelling anyone who sees any value in this company a ramper.
Why can't you comment? I don't think I need to explain the concept of anonymity to you, but maybe I do 🤷♂️?
Or you're not prepared to say it because you realise, with hindsight, it is a ridiculous claim and yet another tool lifted straight from the rampers playbook.
Don't bother replying, others here can make up their own mind 👍
Fortissimo ..AYM end of year in our own country gl.
You might say that. I couldn't possibly comment.
No need for inuendo on an anonymous board- speak freely. Are you saying that WI has manipulated the market using his statements and then instructed trades in solg shares following these statements?
It might be more sensible to not believe what WI actually says but to rather try to work out why he's saying it, and act accordingly. Worked in March. The devil looks after his own.
I don't believe anything these days. We know old Warren is a bit of a shape shifter, blurting out by "accident" what he did in March and now saying the opposite. He certainly knows how to create selling opportunities and buying opportunities if you know what I mean. Agree that we are definitely at a historic low point in many respects, but not completely convinced that there are no smoke and mirrors in place here. I'm always with Mr Micawber on this one - something is bound to turn up.
Sean I think those rumours are probably now confined to the ears of fools. If a significant solg investor says categorically that majors are not interested in solg, as WI did this week, we can stop the paid op-ed tomfoolery. Solg has a long journey ahead to rebuild credibility from this current low. Beware the repetitive rampers who tell you otherwise.
Can anyone (please step forward trolls and wannabe trolls) and provide a link to another Tier 1 mine opportunity out there in the world which has copper/gold resources (Tier1 levels) and is 100% owned and not in a super majors or state owned hands.
Considering there is a massive copper shortage... there must be loads of these mines surely??
Be interested to hear examples.
CITY WHISPERS: Miner SolGold is target for rich seam of rumour - with one of these involving mining behemoth BHP
There are some takeover rumours that are practically evergreen, with chatter resurfacing whenever the market goes a bit quiet.
One of these involves mining behemoth BHP and retail investor favourite SolGold, which is working on a copper and gold mine in Ecuador.
BHP first invested in SolGold in 2018 and has more than doubled its initial stake, making it one of its biggest shareholders.
The City rumour mill reckons a takeover of the South American miner could emerge later this year – though this is the same mill that said it would happen in 2021 and 2022.
But some senior industry bigwigs reckon this is wide of the mark, noting it will take years before SolGold gets its prize project off the ground. The long wait could be enough to put off any possible buyer.
One thing is certain. As long as BHP sits on its investment, the speculation will keep churning.
- Daliy Mail Feb 23
Share price forecast in USD
The 4 analysts offering 12 month price targets for SolGold plc have a median target of 52.97, with a high estimate of
84.13 and a low estimate of 39.73. The median estimate represents a 232.71% increase from the last price of 15.92.
-FT
Forward looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward looking information, including but not limited to: transaction risks; general business, economic, competitive, political and social uncertainties; future prices of mineral prices; accidents, labour disputes and shortages and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, risks relating to the ability of exploration activities (including assay results) to accurately predict mineralization; errors in management's geological modelling and/or mine development plan; capital and operating costs varying significantly from estimates; the preliminary nature of visual assessments; delays in obtaining or failures to obtain required governmental, environmental or other required approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; the global economic climate; fluctuations in commodity prices; the ability of the Company to complete further exploration activities, including drilling; delays in the development of projects; environmental risks; community and non-governmental actions; other risks involved in the mineral exploration and development industry; the ability of the Company to retain its key management employees and skilled and experienced personnel; and those risks set out in the Company's public documents filed on SEDAR at www.sedar.com. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
An opportunity in Ecuador
The most under-explored and prospective section of the Andean Copper Belt, the world’s biggest and richest area for copper production. SolGold has first mover advantage and is the largest concession holder throughout Ecuador.
t1
A Tier 1 project
Long-life and expandable project with 26-year initial mine life
First decile costs and negative AISC of -$1.38/lb Cu (first 5 years post ramp-up)
Post Tax US$2.9bn NPV and 19.3% IRR (at US$3.60 /lb Cu)
Clear roadmap to becoming one of the world’s first net zero copper mines to be built
feature_icon_4
Potential for
Troll-proof facts:
Highlights of the period include:
• The Company ended the quarter with strong liquidity, a cash balance of $48.1M, plus $25.4M shares held, which can be sold at the election of a wholly owned subsidiary.
• SolGold successfully merged with Cornerstone Capital Resources Inc. (formerly TSX: CGP), which has led to SolGold securing 100% ownership of the Cascabel project, along with additional exploration properties.
• With the ongoing restructuring efforts described below, management expects current cash balances to last beyond June 2024.
• The Company's management has conducted a thorough assessment of its operations, with a focus on streamlining the organization to increase effectiveness and manage costs. Consequently, the Company has restructured its offices in Brisbane, Australia, London, United Kingdom, and Quito, Ecuador, to generate significant cost reductions while enhancing operational efficiency. As part of the restructuring, Mr. Scott Caldwell, who previously served as Interim CEO, has been appointed as the Company's Chief Executive Officer and President of SolGold Ecuador. Additionally, the Company announced the appointment of Mr. Chris Stackhouse as its Chief Financial Officer, effective 17 April 2023.
• Management is internally evaluating a phased approach to the development of Cascabel with the intent to reduce upfront capital and shorten the development schedule.
Trool-proof facts:
SOLOMON GOLD plc, is a copper and gold specialist with exploration tenements in Solomon Islands and Australia. Their strategy; to prove world class deposits by exploring sites near to some of the worlds leading gold mines. Click here to find out more about the company.
Solomon Gold carries a diverse portfolio of higher risk high reward exploration projects in Solomon Islands and lower risk projects which are more advanced towards resource definition in Queensland, where exploration costs are approximately one third of that in Melanesia. Solomon Gold's projects include Guadalcanal and Fauro (Solomon Islands) and Rannes and Mt Perry (Queensland, Australia).
And go on, report my post. happy to get banned along with you.
Remember what I also said in that post - that your parents, especially your dad, would be ashamed if they knew this is how you've ended up spending your days.
For what it’s worth .. if the board wanted to do something faintly exciting, then the strategic review would be the audit trail when recommending to shareholders that x y x would be a really sensible way forward. So that covers all the scenarios routinely debated (?) here. Just wish they’d hurry up, I have a cash flow challenge coming in November!
SM, I've been banging that particular drum for a long time and it seems odd to me that people are ignoring what the company has said on this issue: No more royalty deals. A company can't simply continue reducing the gross profit margin without it impacting the viability of a project. Our board knows this, hence the statement.