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As I said DBW...Newmont/Newcrest could be pivotal...
Great post as usual...
Interesting times ahead for Ecuador
“The decision it makes on whether or not to stay in Ecuador will be a test of the country's attractiveness. It will be a thermometer to determine how one of the largest and most important mining companies in the world sees Ecuador.
If Newmont decides to stay in Ecuador, it will seek to acquire 100% of the Fruta del Norte mine and expand its interest in the Cascabel prospect.
I believe that Newmont will stay in Ecuador and use the path opened by Newcrest in its strategy to fully enter Fruta del Norte and expand its stake in Cascabel”
As we all know the geopolitical risks are apparent and very real but the upside is also huge …..
Hi NoviceHunter
Best to filter them. They are just winding people up and when people reply, they just sit back and laugh their heads off. With filter they reduce to one single green line and after a while they get bored and leave.
Like I said boring as thuck now...
How can it be a self imposed ban you clown.
You pop up daily with your one liners.
And it wasn't self imposed anyway, agau showed everyone what a clown you are
Granted your a good bb troll needlesslife, keep up the good work fight the good fight etc etc
You’re boring as phuck now buddy and ever so easy to wind up ok back to my self imposed ban lolzzz
Novice. I'm old enough to remember lever getting caught putting vaseline on the ball. I think he played for essex. I can't remember our prime minister complaining. Unlike that funny little fella you have. Get a grip. It's been going on for years by every one. And in any case bairstowe tried to do the same in the first test. Stop whinging.
Same on here, stop whinging every time you read something you don't like. Admin must be sick to death of the likes of you.
Anybody got any sandpaper nudge nudge wink wink 😭😭😭 short memory there needless life
But Kali, don’t you see? I was right.
“You won’t be watching England level the ashes series” .... and they didn’t lol.
Padmaster. Just thought you would like a reminder of your post.
RE: This could be pivotal...30 Jun 2023 10:48
You won’t be watching England level the ashes series then kalneedabari?
Seems your forecasting skills cover cricket the same as solg share prise. £4.50 BY XMAS. HAHAHAHAHA
What have people on here, and English cricket supporters got in common......
Whining and whinging when things don't go their way.
Let's report and filter australia,,,
Hilarious. When I think back to what the likes of fdjny and others posted on here about irwin. He was the most hated person on earth when he outsmarted mather. Now. Wow, he is the smartest man alive, and we hang on to his every word. Whatever caused the transformation. Let me think,,,,,, oh yes, I've got it. He said something the grasping at straws gang wants to hear, like little children, laughable isn't it.
On 3 January 2022 ENSA received approval for the two-year extension to the Economic Evaluation stage of the Cascabel license. This period shall expire on 3 January 2024 by which time the Company shall convert the current approval into the Exploitation Agreement with the State.So as I read this pasted paragraph from the Rns 11 may 2021? The licenses automatically change from one to the next
So we'll have an exploitation license in place by 20th August (7 weeks)? And if we don't? Would be happy to see it but absolutely not likely.
Zoros we are one of the exploration companies that the government will move us forward. Before the election.
And what happens if the new government refuse to release it as a part of their clamp down on mining nationally?
Z
Zoros I don't think you understand, the exploration licence runs out on 3rd Jan 2024.
So we need to move to the explotation license before then otherwise we lose Cascabel.
The explotation license means we start construction.
We have no choice.
Of course you did RK, don't forget your wife's purchase too.
Back to reality:
There is no denying this resource is one of the best in the world top ten over the last 20+ years. I see atleast two MAJOR barriers that need to be overcome for a prospective buyer (because there is no way on earth that Solg can start mining @ Cascabel anytime soon least of all in 6 months time (pmsl)).
1st: The resource is an awkward shape and it requires considerable enginering expertise to mine it efficiently. This means it is going to be expensive to resolve.
2nd: The new government sitting in the wings could delay/cancel all that was previously agreed between Lasso and the mining fraternity.
Who in their right mind would act now to buy out ENSA atleast until the new government show positive intent to mine and then the new owner having to front up billions to mine the resource?
This is going to be a very slow burner for countless months to run.......................
[Our only hope is if the chinese are so embedded (and busy in the background) in the Ecuadorian government (new and old), that they can call in favours allowing them to crack on with Alpala].
Can't see anything happening this side of 2023.
Z
Rude not to, sub 16p...
I see your true colours are out there for all to read this morning Bozi! Negative Negative Negative De-ramping at its very best and even managing to tag team with Tesla the De-ramping non- investor! You really make the perfect couple and are welcome to each other if the constant negativity you post about Solg floats your boats!
If the Exploitation agreement isn’t signed soon…. What’s to stop the Chinese doing a deal with the Ecuador government for Cascabel behind the scenes… given Ecuador is totally indebted to them… dept forgiveness in return for handing over Cascabel when the license expires for Solgold.
Happy Monday morning thoughts….
Irwin has turned so contradictory recently… He used to proclaim Solgold are an explorer, not developer, now he sees no point in exploration drilling, and fakes excitement about his pals mine plan… he s gone cold on any quick sale… months back we are at point 2.9 of the plan……. Now he wants Solgold to plan to develop it….
PS Fort, just to help you with maths as it's clearly not your strong suit...
You mention that Wood Group did 140%. Well, SOLG doing 140% from here puts us at 38p and change, quite some way short of your 50p.
Literally Fort it's probably me since Warren lost half of his.
As long as you know Fort that you carry the least weight here, as all you're good for is pathetic baseless ramps and fantasy. The world's worst ramper.
Be good at your job or don't do it at all.
Agreed Fort nothing any genuine investor could argue with there
Great post Fort. 👍