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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?
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.
20 pathetic asks of 967 in a row trying to give illusion of sell depth
Won’t wash
@schlemiel Scott said they are looking at "non dilutive" financing, so it won't be a placing.
For anyone with L2 the lurker is back
967
17.950
18,053
18,155
Rk1
It's not a criticism fella but a positive development. It suggests investors are still willing up to 'cough up' funding because they can see material value enhancement and have confidence in SOLG management. Looks all good, famous last words
good fortune
Nal, since you appear to have scuttled away, I'll spell out the relevant section of BBG's re-post of the article.
"but a new theory doing the rounds with market sources suggests BHP's interest has dropped away and Newmont, under CEO Tom Palmer, is the likely kingmaker, perhaps via a jv with Jiangxi"
This was posted by BBG at 14:12 on the 26th and is contained within the second paragraph on page two of his three page post.
So far from me apologising to you, perhaps you'd be prepared to admit you were wrong...again.
For the first time in years, an MM is near the top of the bid (Stiefel)
Likely only because someone’s asleep at the wheel, they last moved at 833am
Thank you for the article!
Schlem...no placing!
He very specifically said:
"non dilutive...non equity..."
'Last year we invested around US$30mn and our projection is that in 2024 and 2025 we will spend US$30mn each year '
Well, if this is the case then a placing of some form funding is in the pipeline