George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. 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.
No hallucination here Add, I am sure that I am not the only poster who is seeing the decimation of the SP under the watch of our buffoon ceo.
Yes, the chamber is used to block radio signals so that the radiated emissions from a product can be measured without ambient noise causing false results.
Incidentally, I had to google what an anechoic chamber is and was interested to note it can cause hallucinations. This would explain a great deal.
Eloro, not giving you advice, merely trying to understand your logic, or lack thereof.
Sorry for the late response Add, I was busy inside an anechoic chamber where phones cannot receive a signal. Forgive me if I missed it, but I don't recall you confirming that you are a qualified Financial Advisor, and therefore qualified to impart advise to folks on this BB regarding selling their almost worthless solg shares? If you are not qualified thus, then I hope you don't mind if I choose to ignore your advice regarding selling my shares. But thanks or offering your advice nonetheless 🙂
I wrote to Bob re funding, no reply. He is normally pretty quick to reply. Hence, I have concluded that he isn't allowed to comment.
Only 13 trades since 8.33, totalling 87k...
and only one of those an AT for 903 shares...
Trading volume for the last 36 days has averaged over 10 million a day...
today we have 700k in half a day's trading...mark my words...summats oop...
For those who may have researched the stocks mentioned...
1SN up 19% so far on a sharply rising Tin price but a lot further to go over the next year as the mines are developed...
ATYM will automatically enter the FTSE350 in the next couple of weeks and could go straight into the FTSE250.
In either case, tracker funds will HAVE TO buy the shares...
Rather like when MSCI is recast in Mid May, MSCI Tracker funds will HAVE TO rebuy up to 35 million SOLG shares...
Haha Add is that what he’s claiming now …. ?
SH, just out of interest, when did you sell your shares?
Lol Magoo good point ….. as has been said before I think it’s irrelevant what Scott would take . As for people saying the options were overly generous I’m delighted for them and hope they make 50p a share plus
I hope they don't ask him if he'd be happy to take 15p per share.
I would add more to my holding if i trusted the management..
No Autotrades from 8.31 to 10.32...
Result!!!
Keep it below 10, now keep it below 9, next stop below 8 and so forth.
My email was escalated to Chris Stackhouse, he replied that Solgold complies with the current regulatory filings regarding financial disclosure and that they last filed on 14th February and the next reporting date is no later than 15th May. He would not reply on the current cash at bank or monthly spend saying he would not comment on anything not in the public domain. I have replied and asked if he could confirm that the major shareholders and Government are also therefore in the dark too? I shall let you know if he replies.
RK, as you suggested earlier, it's either because they've got nothing to say, or they're getting closer to announcing something. Given the imperative of new funds, you'd assume it's the second of the two options.
Pretty locked down at the moment Red , best switching off until news now …..
Nil...nada...remember mine was to Sangha...
Nil
Any replies to your questions from the company, anybody?
Quo vadis?
Wow! A complete contrast to Monday...
I know one swallow doesn't make a summer but...
Lunchtime Monday I recorded a sequence of 260 trades where 91% were Autotrades...
In the first 82 minutes of trading today there were only 20 trades out of 43 by Bots...
I haven't seen a rate as low as 47% for as long as I can remember...
And volume is massively down.
Does that mean that whoever has been holding the price down is now ready to move...?
Or at the very least, if they've shut up and gone home maybe we can return to more normal trading patterns, which means the price is only going to go one way...
May 15th and the MCSI rebuying isn't far off...
Fingers crossed
Traditionally the share price always tanks after Scott opens his gob in an interview...
My surmise is that the 'selloff' in gold, copper, silver was actually a dollar surge.
All those metals charts are symmetrical and inversely correlated to the dollar reaching just 0.3% short of an all time high.
They start to recover the instant the dollar cracks...so no worries...but...even at these levels...
The uplift from PFS3 on the figures 'in the ground' at current prices is:
Copper $18.9 BILLION
Gold $19.4 billion
Silver $0.4 billion
Total $38.7 billion
Or £30.9 BILLION
And, using an acceptable industry metric to convert it to delivered metal...
1% of this is £309 MILLION
Thats just the increase in value over and above the PFS3 assumptions
And our MCap is a mere £266 million
And thats JUST CASCABEL...
PORVENIR has $16.7 BILLION of copper and $5 billion of Gold
Total $21.7 billion or £17.5 billion
Which at 1% gives £175 million or...
5.6 pence per share...and Porvenir would be OPEN PIT
Then there is Blanca Nieves, Rio Amarillo, etc...
Now I completely understand that some investors may find these numbers unreal and difficult to comprehend, but...
Its only a matter of time...
Morning Eloro, one reason for the recent sp fall is that SC is slated to speak at the conference in June. Some people were hoping that the business might have been sold by then!
What 'effort' is involved in selling? It only takes the push of a button. I'm sure you can manage it.
As for arbitration, the answer is probably no, but I only said I'm sure SC is trying to negotiate it - every single company involved in similar discussions would try the same thing. In any event, as SM pointed out - which you immediately tried to rubbish - this arbitration issue relates primarily to international trade deals between sovereign nations. Single commercial transactions are not the same thing.
Quite right NAL old Buddy, for once we are in total agreement😆
The default response when a person have nothing constructive to say here: if you don't like it, why don't you sell up and go! It doesn't take genius to come up with that one. The other idiotic response is: you are not a shareholder😆 Add, I would love to sell and go, but your buffoon mate has decimated the SP it isn't worth my effort to sell. Plus, if I sell, you and BBG would be asking: why are posting on a share you don't own? Logic and common sense doesn't exist on this BB. Add, do you think Ecuador would agree to arbitration in London after just passing a vote which says it should be held in Ecuador? I thought you oxbridge guys are supposed to be bright?!!! Nobby would suddenly become unpopular if he agreed to London....going against the will of his people and all that.