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Good morning all.
Not sure what some make of the strategic review.
First it's definitely happening.
Those like Redknight, DBW and that repulsive Slug creature are in denial saying it won't happen.
So next the strategic review .
Solgold have already laid out what is in it.
It's how we advance Cascabel, and coupled with that we now have a final PFS.
So what does that mean.
Well this is about the finer points of mine design.
It is to create the most environmentally friendly mining construction in the world.
Many on here will not believe me, but as the news slowly leaks out
Remember you heard it here first.
I have been looking at all the announcements from government, Solgold and our partner's and how this pans out.
Well I have no idea.
But this is what the strategic review is about.
Yep right on their doorstep with way less red tape as everything already in full swing there .
As you know I’ve always thought a sale is the inevitable conclusion here , but I’m all for adding value in the meantime especially as we have no idea what exactly would or wouldn’t be sold( I suspect the lot but would love the opportunity to remain invested in some of our unexplored licences).
The silence here is ( as always) deafening but I suspect a clear direction will be laid out for us before too long.
As for the strategic review I’m at a loss as to why this would take so long as they must have already agreed a common path forward in order to accommodate the merger, hence my previous comments with regards to it being somewhat of a smokescreen.
I guess we’ll all find out one day
It is DBW, and that's what keeps many of us here I suspect.
But we have to ask ourselves what more SOLG can do to derisk Cascabel and Ecuador. I'm not sure they can do much. Any interested corporation can take SOLGs modelled deposit and tweak it to suit their own strategy.
In terms of value adding for 2023 whilst we await the outcome of the strategic review, surely the best route is to drill Helipuerto. If a significant discovery were to be made there we could merge with Solaris and create an Ecuadorian major miner of our own. That would surely bring all the boys to the yard...
Bozi, more excited than if they hadn't.
I know you like to be a but more pessimistic about things but for me it was a smart move, but time will tell.
But in answer to Z's post its just untrue that there is no interest.
Exactly Bozi
But what we have is worth a fortune….
How excited should we be getting about Jiangxi taking a cheap entry?
Osisko, like Franco before them, are in quite a nice position with favourable royalty deals. They stand to gain in any eventuality.
Newcrest meanwhile, haven't been happy for some time and are amidst significant upheaval of their own. BHP have also expressed concerns but all the while have done what they do - not a lot.
So, can Bob get Jiangxi to start the process and tempt someone who is willing to compete with them? That is what we are relying on.
Zoros...nope
Smick, the naysayers conveniently ignore these facts - it doesn't chime with their narrative.
Hmmm no one is interested yet in the last 6 months Osisko and Jiangxi both took positions in our company.
Add to that 2 of the world's biggest miners in bhp and Ncm and the norweigan gov fund even having a slice.
Really sounds like no one is interested Zzzzzzoros.
Maybe they are just taking a punt eh.
"Very entertaining watching from afar certain posters certainly have a very boring life craving attention and trying far too hard to remain relevant by posting 50 times a day over 700 times in the last 30 days it’s sad"
Little fact check for skint - your posting average is considerably more than mine since inception of both accounts. And 100% of your posts are completely useless..
But don't let the facts get in the way.
:)
And so says the village idiot (again).
Christ cookiescrew can’t you post anything constructive?
Nothings going to happen soon cos no one is interested.
Z
HFM,yes totally agree with what your saying there ,not long now
Morning HFM
Pretty much agree with all of that.
Pretty sure some fairly significant announcements can be far off now .
ATB
Hey DaKat, for me, news events I'm looking out for over the next few weeks are:
1 - Signed free trade agreement between Ecuador and China. ( provisionally agreed late Feb, just with the lawyers and translators etc..)
2 - SOLG announce exploitation and investment protection agreements Signed with Ecuadorian authorities. ( these are well underway as per Scott's interview a few weeks ago )
After that, we're on the grid, ready for lights out.
Last chunk going in mine and the wife's ISAs over the next few days, then trading reserve at the ready for when the first bid lands as the first bid won't be the only bid. All IMHO.
Have a great long weekend all. C
Hey...no one took the bait. Fancy that.
Climate change is not measured by average temperatures only the unintelligent believe that .
Wow. That's your answer? Silly sausage. You don't know me, and my views haven't given you that retort. Your right wing trump groups have taught you that's what you say when you're beaten.
You have chosen to forget that you said temperature doesn't measure anything. You then said some rubbish about average temperature, but your lack of knowledge was already plain to see.
We won't talk again, little soldier, so enjoy your rants before your next inevitable ban.
Temperament= temperature isn't
No, thicko, you said that temperament even a measure of anything. Then I drew your attention to kinetic energy, then you went quiet, then you got drunk and banned for being r***st. It's a tale as old as time.
Well done for copy/pasting from your telegram group though - we all really appreciate your lack of scientific understanding now. Leave climate to the experts, and meat eat yourself into the healthy retirement you definitely deserve.
Slug: the man who once claimed "temperature isn't actually a measure of anything". Face-palm for these thick AF deniers of the scientific process.
David: for context, red ramps near constantly and claims to have had a career in the city. But then he spaffs over trades that are reported late, because he doesn't understand the mechanics of the market. He thought there were Christmas day trades in Canada... And doesn't understand what an A trade is, or how irrelevant the buy/sell label is on these. Clown, or dangerous tool, but he's one of the two.
Goodbye Slug.
1981Investor: So tell us what was in that statement from Redknight1 that was incorrect, since clearly you needed to make specific reference to it in your usual adversarial manner
"Whats that after hours 18.83 trade...?
Price has been nowhere hear 18.83 since 8.37 this morning..."
Resident city whizz kid does it again. Incredible stuff.
GT, I can assure you that had this been news the bb would have had a coronary.
Tim. Newcrest have owned up to 15% of SolGold since 2016.
This TR1 is because the merger with Cornerstone has diluted them down to 10.3%.
It's not meaningful news. That's why the rest of the discussion and name calling rakes over.