Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video 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.
Further to my previous post, on the basis of what you are saying why did BHP pay 22.15p a share in November 2019 and not the 45p they paid in October 2018?
They wont get 16p at this point which is probably why they will look at other financing options.
Thanks. Respect mate.
Fortissimo they took the shares at 16p they were trading at 16p - ie they paid no premium. Why would you expect them (or anyone) to pay an almost 70% premium? They are a business, not a charity. What do they get for that 70% premium? This is why we should have been raising finance when the share price wasn't in the doldrums (in my opinion)
"Last chance I'm afraid before you join the filters."
Just incredible.
RK, fair point and apologies to those who've been p1ssed off by this latest exchange. The guy is completely beyond the pale and I'll re-bin him.
Addickt...you know I respect you but I cannot stand the constant bickering with NAL...
Please desist. It adds nothing and gives him oxygen.
Last chance I'm afraid before you join the filters.
Sorry mate. Just want a quieter life without having to wade through rubbish.
If hes posting rubbish, ignore him...please
Pbow,
The share price might be 10p tomorrow or 7p or 13p in a few weeks or 11p or 14p or 16p. See my point... the share price is a point in time... it swings around based on a number of reasons or catalysts. It's not a benchmark of asset value.
My point is, or was... the chinese took 5% at 16p+. At the time, the merger was not complete... permits not received etc etc. SOLG is further advanced. Politics has improved. Yes regional risks remain... but if the chinese were happy at 16p, then I'm sure they'd be happy to gain 5% again at 16p. Doesn't matter if the sp is 9p today.
When BHP took on a wedge at 45p.... what was the share price before then? What was the share price a few months before then?
Anything sub 16p for the CGP shares is a failure by the BoD's and they should not be wasting shareholders stock without reprisals such as losing bonus awards etc. When the price is sub 16p... a royalty or another stream such as selling non core assets is the way to go.
Why do you think Mr Liu was added to the BoD's?? Because he's skilled and well connected and able to get the chinese involved at the right price.
Anything sub 16p for the CGP shares would be an epic failure and heads would need to roll imho.
If i remember correctly Mather got a raise at 6p when we were 3p and I vaguely recall having a little dig at EricEric that said such a raise was not going to happen! Lol
Shame Add as its in the bin you go.
Indeed sharket…may the news continue to flow
We can only hope
Add - I binned NAL yonks ago as I saw him as an annoying waste of space. I had the impression that he gets his (few) kicks from winding people up and it appears he's living rent free in your head. Do yourself a favour bonny lad and kick him out.
1984, he disappears when there's a glut of new information that shows we are nowhere near raising finance to start construction, or have any intention of taking this to production. Always convenient isn't it.
Nal, I've already given you chapter and verse, which you've obviously chosen to ignore.
For one last time; it was in Mining Journal and BBG kindly re-posted the article on the 26th at 14:12. Even you should be able to scroll back and find it.
Since it confirms what you were saying in your original post, I'm at a total loss as to why you're being such a total pill0ck.
Fortisimo, you say the last placing was 16p and there is no reason why they should sell the CGP shares for any cheaper.... Id say a good reason is the share price is now a lot lower. Thats more than a 50% premium. Solg have never done a placing with that sort of premium. BHP was 30% premium in 2018
Adikt, please paste and copy the post from Tuesday claiming a joint venture between newmont and Jiangxi..
you may impress the likes of dbw and co, with your opinions dressed up as facts and deflection. but as usual anyone taking the time to fact check you, soon realises the need for you to print anything to impress
If they get awat 157m CGP shares at 16p, then that's same as last placing price and raises £25m.
I'd be ok with that. Not ideal... but last placing was 16p ish so no reason why the CGP shares should be issued any cheaper as the business is in better shape now according to our CEO.
What will the market do with itself if they announce 157m non dilutive shares sold at 16p???
Market seems to be waking up to idea or.... someones closing their short/ or hedge (effectively buying the stock before it's issued lol!)
Get back to double figures and then with gold index re-entry in May/June, forced fund manager buyers should see it back to 16p again and we can put the sorry tale of 2023 behind us.
Speaking of the one who shall remain nameless…anyone else noticed he’s absent from his usual bouts of insulting people when the share is rising strongly?
Up we pop. Double figures will be nice from a psychological standpoint.
SOLG resurrected over Easter? Mather the Messiah to emerge from his exile and show us the way forward?
Add …. I tend to agree with Smick it’s exactly what they want you to do. Do you honestly believe a piece of excrement like that will ever admit it’s wrong …. Do us all a favour and bin it
Smick, no disrespect, but I don't like liars, particularly when those lies are directed at me. So, if it's okay with you I'll continue to post exactly what I want.
Let's get this straight shall we?
Your original post referred to the possibility of a jv between Newmont and Jiangxi. I pointed out that this rumour had appeared on this board on Tuesday and was contained in the Mining Journal article BBG posted. Now your most recent post refers to something completely different which was said in July last year. Did you actually read BBG's post at 14:12 on the 26th? I suspect not.
And the weird thing is I was actually confirming the source of the rumour of a jv with Jiangzi, which is precisely what you had posted.
Don't you get just how utterly insane you are?
Dear lord Add, all you need to do is start calling posters unintelligent and the transformation will be complete.
Take or break or use the filter button please for yourself as much as the bb
Peace ✌️
I never denied the article also said that, unlike you who refused to accept the reference to Jiangxi. So tell me, did the article say what I said or are you incapable of admitting your mistake?
Https://www.bnamericas.com/en/interviews/investor-confidence-at-stake-ecuador-prepares-for-referendum-on-mining-in-biosphere
https://www.mining-journal.com/london-to-a-brick/opinion/4189775/newmont-kingmaker-future-solgold
Adikt. sorry to be late getting back old mate.
don't want to appear pedantic. but below is the post from bbg Tuesday.
Comments made by former Ecuador Deputy Minister of Mines - Article from last July
"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 project. 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."
firstly he says the article is from last July,and I never read it then, let alone now. secondly, can you show me where he states newmont will partner with the china
to bid for solg together. which is what I said.
once again your posts don't pass the fact check.
as I said apologies accepted.