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.
Hard to get stock in size today...had to break it up into chunks again...eventually got what we wanted...
I still see USD 75c as medium forecast, or 60p.
I suppose it does not really matter if 60p goes to 111p if we cannot even reach the 30s in the real market.
Dm. Who told you what I posted?. You screamed from the rooftops last week, you'd filtered me. Don't think I will engage with you again. Can't trust a thing you say
You
Bonkerman. The analyst must of read ftdyns post.
"Personally I’m encouraged by the current news void / blackout as it’s a sure fire indicator that serious negotiations are taking place behind closed doors"
I might also add that the impending ftd, that dm thinks has actually been triggered. Has now been impending for almost two years. So the uncomfortable truth is that once again, the facts interfere with your theorys.
Fortissimo. Another interesting theory. You do realise a 60% premium on our present price gives us a grand total of around 28p a share. Just a little short of most on here's expectations. I would imagine most on here would actually lose money. Sobering thought.
Bonkersman,
Do you have a reference to the analyst target of 111p? Thanks.
Price of resources I would think Bonkermann
Interesting reference to Caracal Oil as that had an offer which was reasonable but not exactly a knock out deal with a Canadian firm. Then at 11th hour Glencore stepped up and offered a 60% premium to the share price at the time.
Based on current Ecuador /Chinese relations and impending FTD, it does look very much like a Chinese consortium whether part or in full will take ENSA. Makes sense all round. What will be interesting is how the rest of the folio works out eg what gets spun off into newco or SOLG. Porvenir plus some southern assets might go with ENSA has Chinese already big in South. Call me cynical, but I can see Mather/DGR or some new entity getting gifted some of the SOLG exploration blocks with company citing relinquishment as alternative as good deal etc. In simple terms, Mather would get another run at doing another Alpala. Let's face it, we have 60+ licence blocks and each has a committed spend of hand back the blocks for zero. Very easy for insiders to have sight of reference to data like rock chips and seismic detail material and yet end up paying very little for it. Most of us won't care much what happens to the 40 odd licence blocks if Chinese offer a fair price.
This was always around 70p for the last few years but has shot up to £1.11p………why?
Good morning Mog, thanks for the nice article , which is actually positive for us. Not only does it highlight the inevitable shortfall in Copper production but, it demonstrates that jurisdictions everywhere have their problems and miners (on the whole) overcome these problems. We have a Tier 1 with many positives. Power, water, a local population that seem satisfied with the possibility of a mine to be developed in a modern efficient way. Now just waiting for a buyer, ha, ha!!!
Morning solgers,how's the scaremongering going this morning
It has been said many times, but while a lot of people on here only want to argue, have a read of this about large mine supply, posted on Bloomberg but this url should be routed via yahoo
https://tinyurl.com/mr4ydacs
Just imagine how happy some cretins would be if they were responsible for some missing the takeover on this one.
Unfortunately in life not all are good"uns
Warren Irwin
@ItsWarrenIrwin
·
1h
Replying to
@DarrenG54668014
@philippkopfli
and 7 others
Waiting for a takeover is one of the most frustrating and painful parts of the investment process. I remember once getting fed up waiting for a a sale of Caracal Oil and selling 2 weeks before the takeover. I left 10 million dollars in the table for my impatience.
Ftjny. Good morning, I would be grateful if you could explain to me why Blackrock would be selling x amount of millions of shares, if just before, as you say a sale is imminent. Surely they are smarter than that. It's not as if they sold them at much of a premium. My uneducated view is that they are concerned about instability. Unlike quady and a several others on here. But would be happy for you to put me right.
Fortissimo. Just read your latest block buster of a theory of why share price is in the the doldrums. Where do you these ridiculous theorys from. You seem to be able to try to change one hair brain theory into what you perceive paragraphs of facts. How does your latest mind blower, relate to the share price over the last couple of years being sh**te. The Chinese weren't even on the scene
I once bought some cheese, a few eggs and some toothpaste…
It was a great day that… Good times..
Wishful thinking on my behalf, Bozi!
The other big factor is of course the ongoing finalisation of FTD between China and Ecuador. I've said it many times now but the reality is... if we are indeed dealing with the Chinese over a potential $5 to $6bln mining investment in Ecuador, then you can bet your bottom dollar or last rolo that they will want the FTD agreed first before committing to those kind of investments and they will want all the 'protection' they can get from lasso and co.
US not happy with China's increased influence in South America's. So bit of politics in play with usual US interference going on no doubt ... they do like to tinker around and stuff the consequences.
Personally, if SOLG updated market and just said they are working toward SR outcome and discussions ongoing with various partners....what exactly is that going to do?? Hence there's not much they can say until they have the nod from Lasso and co. And believe me... they'll need the latter before they can announce anything that involves a buy out or buy in. Lasso hardly going to please the Chinese during FTD talks if he rolls out largest every mining deal in Ecuador goes to BHP or Anglo lol!
So important see the bigger picture.
Ha, there's none of that where I am DBW.
It's grim and grey. A lot like SOLG.
Bozi …. It’ll come
Enjoy the sunshine and relax
What good news is there to release Add?
No drilling, no exploration and not a whiff on the news wires that anyone else is remotely interested, which is pretty concerning.
We're ambling towards end of June with little else but options, resource rationalisation, etc
Is pretty much directly linked to Blackrock selling down its position in Solg and as Fort has rightly highlighted once they have exited this should allow the SP to find a level more reflective of a company in the process of selling a Tier 1 mine to the highest bidder! Personally I’m encouraged by the current news void / blackout as it’s a sure fire indicator that serious negotiations are taking place behind closed doors and once they are concluded we will finally find out how much our investment in time and money is worth and let’s all hope it’s well north of 50p per share and hopefully a lot more than that. GLA