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Agreed Jezz …. Beautiful day
Oh dear it looks like the attempts at being nice went a bit Pete Tong overnight.
Do not address it by any ithername
You know what Mavis. I don't think you're here to help.
Does anyone know what is the limit?
MassiveRay
He that is without sin among you, let him first cast a stone at her. - The Gospel According to John”, chapter 8, verses 3–7
Whatever gives you the right to sit in judgement of other people on this BB when you think nothing of bullying other posters not to mention the extremely unflattering terms you use to describe them.
Your behaviour at times here is nothing short of disgraceful.
Agreed Red … anything’s better
Interesting read
https://www.bloomberg.com/news/articles/2022-09-21/copper-prices-fall-despite-signs-of-looming-crucial-metal-shortage
“We'll look back at 2022 and think, ‘Oops,’” said John LaForge, head of real asset strategy at Wells Fargo. “The market is just reflecting the immediate concerns. But if you really thought about the future, you can see the world is clearly changing. It's going to be electrified, and it's going to need a lot of copper.”
I think its unfortunate that, because nothing is happening with Solgold, that we are having a discussion about UK politicoeconomics...
However...
I would FAR rather have that than the constant pugilism between a score of posters and Quady/Ray...
I know I'm really unintelligent (copyright Q.Uady), but did anyone understand his post at 9.43?
One thing I alluded to yesterday was the weakness in Sterling is good for SOLG value wise as copper and gold is traded in US$ and for the purposes of SOLG being a UK listed company we are getting more £ per US$ of value.
To the tune of 20% better off. As I said the last time I posted that theory, I'm not 100 % sure that's the case but it makes sense to me, happy to be corrected.
One positive from the falling pound is that UK corporations are now cheaper to buy. Should precipitate a surge in M&A activities with Americans buying UK companies.
middle east, Singapore...could bring some competition too.
I think that's a fair question Medar.i suppose you could argue we've done that with Norges.
Maybe we should be leveraging their recent purchases. Try and bring them closer to a 10% shareholding, and then maybe 13.5%.
sovereign funds are awash of money and want diversification. Why not do some business development with them instead of taking per seems for repeating the same presentation to the same audience?
So, tying in recent chat and bringing it back to SolGold, what do we think about the coming weeks and months.
The effect on yesterday's mini-budget on the GBP is clear to see already, with significant weakening against the USD set to continue.
The winning move from an investment point of view was probably to flee from UK PLC and that has to be a worry for SolGold, particularly a SolGold that is going to need financing within a matter of weeks.
I'd really be squirming right now if I was Darryl or senior management. They made a poor call earlier this year but the UK Govt's policy shift has proved a kick in the nether regions at just the wrong time.
And let's be honest, this notion that tax cuts will lead to more investment is a reach. It just leads to the wealthy retaining their capital. The first thought on many business leader's minds yesterday as Kwasi made the announcement would not have been "where can I reinvest" but "what will my adjusted margins be".
Sorting the finance that extends the runway into next summer and maybe 2H has to now be an urgent priority. Offers for Cascabel are nice if they're on the table but if they're not then we need to go out and sort something else, sharpish.
That was in response to BoG.
I'm well aware and in fairness I'm on record note than once saying that it's unnecessary.
For what it's worth, whilst your political standing is clearly towards one end of the spectrum, I do think there's merit in some of your points. At the end of the day, we all know the factors that can help form ones political beliefs and they probably explain where we differ.
Bozi your are correct, I meant to put that in my post but forgot to do so. This time it wasn't the poster formerly known as Slug in my opinion.
Wading in with "uninformed and unintelligent poster" without any provocation apart from an intense dislike for the said poster is designed to get a reaction that that can be used against them later (reporting to Craig)
I have been civil and Quady has been civil back, why can't he try the same with BOG ?
Jezzoo - it doesn't help when neither can refrain from the insults.
I see I made BoGs list of idiots because I've apparently tried to cancel him. Ridiculous.
Have an opinion. Be passionate about it, but why do we have to endure the deranged attacks?
Quady you jumped straight in with insults before your point in your post of 9.27am.
Up until then there may have been many a difference in opinion but it was kept reasonably civil.
Can we keep to the thread please as I for one find it informative RE the state of the nation and the mini budget yesterday.
I can see another 24hrs of posts disappearing and it won't be all BOG's fault.
Again really uninformed and unintelligent, 1.5% is not 10% but I guess your be looking at this post and still won't be able to work it out.
I see our unintelligent poster is spouting misinformation again or maybe he really is that uninformed and unintelligent.
Rishi Sunak spent between 400 and 500 billion on Covid.
This was capital expenditure. Hence it was financed under 1.5 %. So yearly costs around 7 billion.
Yesterday's disaster of a so called mini budget was 45 billion and that is the yearly cost.
Slug you will be gone soon.
Spot on Sharket Mare.
Uncosted*