Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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I have aimed a lot of criticism towards Scott, some deserved, some maybe unfair, but I will happily give him a load of credit if/when he gets the share price back in to the 30s.. until we get a monetary event, it’s still wallowing in single figures.
Yes it looks like it may finally be on the horizon after some very dark times.. but we still sit in single figures.. if a monetising event is done in the teens, he cannot in all seriousness claim a huge multi bag success..as it that’s where we were when he took over.
Eloro, surely you can now see you were wrong about Caldwell?
Letsss go!
🥚🥚🥚🥚🥚🥚, it looks like it could be you who has eggs on face!!! why your concerned with anyone's shareholding paints a picture!!
Tesla, now you know why Red is affectionately known as Lord Braggart 😆
Add, I will hold off celebrating until the SP reflects this new found optimism. Solg SP has a habit of ending red irrespective of good news.
About Hannam's 63p target by June 2024, I had some back and forth with them.
Their target and short-term timeline is in fact not based on the expectation of some imminent event acting as catalyst for a rerating, but is still based on the 2022 economics. In their own words: "We maintain our target valuation at GBp 63/sh based on the 2022 PFS and expect to revise our model upon reviewing the new NI 43-101 technical report which is due to be filed before April 1st.”
Tesla1 - absolute muppet who doesn't own 1 share. Good chat as usual.
Hereforhemo, the IPA has been signed with Solgold, not Barrick or the Chinese.
An IPA would not be signed unless Solgold could show how the finance will be raised.
If someone was going to buy us as part of the deal, that would be market information that had to be disclosed.
We would at least had a RNS.
We haven't.
It's Solgold that is raising the money and the IPA shows we have or can do it.
Fort - have you not reserved a well done fo Scott and SolGold? How about an apology for trashing them for months on end?
Come on Fort. Be better. Hold your hands up when you're wrong.
The poor 🤡 us certainly Warren Buffet
That aged well. So will it be the Chinese or will Barrick steal the show? Who cares, its getting funded!!!
RE: The Chinese Buying3 Mar 2024 12:44
So Noboa and a strong Ecuadorian delegation in Canada with Scott and Chris leading the SOLG team and various meetings arranged with majors over the next few days to progress Cascabel. I would suggest that if it's going to happen it going to happen now. My money is where its always been, with the Chinese. I don't think they'll get it without a lot of competition therefore I don't think they'll get it cheap, but they have deeper pockets than anyone. Hold for gold (and copper..and silver).
Well done Mrprt...that's a significant wedge. Keep in touch.
Fort, as much as it may grieve you, it's not just Nobby who deserves the plaudits, Caldwell has done an excellent job as well. Just think where we'd be now if you'd got your way and SC had been kicked out at the agm. It doesn't bear thinking about. Luckily the holders of 2bn shares understood what the board is trying to achieve.
Well that's good news and timely. Well done Noboa. He's clearly a man that gets business done.
So with EXPLOITATION CONTRACT signed early Dec 23, SOLG have until Early May to excute it which in effect locks in the "legal, economic, technical, social and environmental commitments of the Company".
So as far as I'm aware, funding package will need to be outined and revealed before May 6th.
No wonder the house broker expects fireworks over next few wees with 68p target... or was it 63p?
We trot on..
Scott cannot make commitments to fund 3,2B without confirming source of funds.
So, sounds like next step is an official signing ceremony in Ecuador - will the cornerstone investor sit alongside us
I agree addicknt.
I posted the full list of deals at 17.46 yesterday and it didn't impact the TSX so let's hope for a better reaction today...
(Although it may have been an undercurrent to yesterday's steady rise...)
The second of several positive RNSs to come...non dilutive funding next...?
Or a TR1 ?
Solgold finance AG has made a re appearance…. Interesting
Most interesting part is the commitment of $3,2B
Scott knows how this is getting funded.
Wish...your hard earned cash doesnt disappear unless you sell before monetization is achieved...
2.9m at 9.5 average and patiently waiting...good luck.
Excellent news, another part of the Jigsaw put in place, the Big Picture coming into view,
Great result by the BOD
Let’s play guess the end of day share price…
There you go shippy is that juicy enough for you ? Mind you I wonder if the price will perform with the usual apathy
55p by this Friday maybe 🤷♂️
Hfm...SOLG IS NOT AN AIM STOCK!!!!
I'm hearing from friendlies that there are a lot of filtered muppets on this thread that are changing their tune regarding Scott.
Scott is delivering the goods. Funding will be revealed very soon.