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Well that’s the world put to rights now, go relax as it’s going to be a nice weekend
Atb
When your all bored of talking about free speech and racism on a investment chat forum
Sign up to the link , and read the mining report
Equador has a big section I did post snippets from it but it’s worth a read
https://latam-investor.com/wp-content/uploads/2022/08/LatAm-INVESTOR-Q3-2022.pdf
13.25 Helipuerto info adjacent to Solaris project
What is gutting is that it took years for our "bottom" to climb up to the 25p mark.
To crash down through that shows what a mess the last couple of months have become. Was it incompetence or really deliberate? If deliberate it must be part of a cunning plan worthy of Badrick. We haven't even started spending money on the basic infrastructure we will need to go into production.
We all know what's coming next, the dreaded 19p level
Kat I don't decide what hateful, ****** or extreme hate.
Those things are defined philosophically, in societical behaviour and by law.
What a really unintelligent post.
If you support this Rac.ist woman hating person, who is mainly on here to spread his extreme message of hate. Then say so, but don't pretend you are an advocate of free speech, because your post shows your not.
The censored word is RAY-CIST by the way.
Quady - Who are you to decide what is ******, sexist or hateful ?
It takes a special kind of arrogance to appoint yourself as the thought police.
The history books are rammed full of Moral Absolutists who have spent their time and energy deciding what is good and bad for the rest of us.
Some of the more exciting and joyous examples are the Spanish Inquisition, Witch trials and burnings, the 30 Years War and more recently, the Final Solution, Killing Fields, Great Leap Forward and Struggle Sessions and the Rwandan and Yugoslavian genocides. But the list goes on and on.
When someone such as yourself claims absolute moral authority and superiority over others, only suffering and misery follow.
Get off your high horse.
Kat you may not notice but many people on here tick up these Rac.ist, women hating posts.
It's not about being black and white.
It's about identifying these hateful people.
Quady - How old are you ? The world isn't 'good' or 'bad', right or wrong, black or white. A very unrealistic, childish and low IQ view of life.
Sorry Snuggtopz you either are against racism, hatred of women and far right hate speech, or your for it. Which one are you.
Any idea why they did find raise when price was in 35-40p region or did they just wait for another opportunity to line their pockets with a lowly priced fund raise -are Solg the Ferrari F1 team of the mining world - great car (or asset in our case) but no strategy to duck things up
TBH Snuggtopz - Slugs has completely crossed the line.
I for one hopes he just Fcuk's off.
Quady stiring the **** yet again ? some things never change do they. If you want to have an opinion Quady then you must allow others to have theirs, intelligent people listen to opposing views and accept other people are also entitled to hold those views if they so wish ..
Fort...what is your source for saying there was a royalty component in the failed funding, or top you make it pop as you're going along?
The hope was that he would be the bridge to a solid deal after the Franco fall out, but now turning to dust.
We NEED some big and brave decisions from our leaders before we are paddling in the teens without a canoe.
Mather is no Angel …. But his interests are aligned with ours …. Ingo was a good bloke and could see this coming
*yrs
25 yes at BHP!
If Darryl was working for BHP ( I’m not saying he is ) he’d be due a big bonus … reduce the size of the mine, make sure we’re not exploring and can’t find anything sexy …. price will inevitably crash … job done .
Problem he has is there’s inevitably competition and he’ll be flushed out soon
Totally agree
Bit more beef on the bone from Darryl re some shareholders not aligned or in agreement regarding the 'structure' of the finance. Perhaps it went like this... Boliden to deliver $100m for royalty and funds ring fenced to ENSA and equity placing for $40m for Porvenir and exploration of other regional targets. Identical to last year? Now we know that was never going to fly with the big two so I'm doubting that it was 'structured' that way. But what about a flip on 'structure'? How about $90m equity raise via big holders and some bones thrown to pi's at 22p. Then $50m from Boliden or Franco on royalty basis (as before). That's weighted more to what the majors were after but not wholly an equity raise so manages some dilution.
Again... I doubt that would fly. But at some point NCM and BHP need to realise that they don't own or run SOLG. Majority of shareholders don't want huge dilution. So it's fair to tap the asset equity rather than the shareholder equity. If the big two don't like it, then like I said before... just offer SOLG the $50m that they could have got from streamers at a share price that's less dilutive. 35p might be fair.
At end of the day, if the big two are pushing for a pure 100% equity placing then it needs to be at mid 30's imho otherwise the royalty deal looks better for majority.
Finally... 'structure' could also mean a 5% wedge going to a new entity as per cash box and perhaps BHP and NCM didn't like the fact that they were not getting as much as Norges (my hunch!). They wanted equal treatment / balanced structure to the nice cheap shares.
Haydock?
Good evening The VicarOfBradford, I should imagine you'll be here all weekend if the LSE police have clocked off for the until Monday.
An entertaining couple of days with plenty of ticks !
lol !
It’s a good attempt at casting negativity zoro but it’s not quite Carling lolzzz. Look at the last five years of price performance over the summer holidays it’s exactly the same…