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Eloro, are you a muppet? How can you say the Ecuadorian govt is unhappy with Solgold... Can you read english?
Ecuador expects Cascabel to be a producing mine
https://www.reuters.com/business/energy/ecuador-expects-4-major-mining-projects-start-up-by-2025-2021-09-17/
Govt expects Cascabel pre-construction to kick of end of 2023 and construction in 2024
https://www.bnamericas.com/en/news/ecuador-expects-us3bn-construction-of-2-mines-to-kick-off-next-year
Exploitation & Investment protection agreed between Solgold & Government
https://www.mining-technology.com/news/solgold-sheet-ecuador-cascabel/?cf-view
Ecuador halts mining licences and approvals, with Solgold's Cascabel being an exception to the ruling
https://www.mining.com/subscribe-login/?id=1124361
Received environmental license from Govt. to carry out certain underground activities
https://solgold.com.au/solgold-plc-announces-reminder-to-vote-at-agm-cascabel-update/
My business has never used credit for anything, don’t need to. It’s not free regardless of what you pretend
Hope you got a guaranteed future value it’s not a lease because nobody’s buying milk floats second hand
Teslas and others dropping like lead balloons. Saturation point is here
Happy New Year everyone!!
Do we have the full support of the Ecuadorian government? I recall reading here that we didn't spend the full amount which we had committed to spending. Won't that upset them, and if the support was 100%, shouldn't we have received the permit expected before Lasso left office?
I know we don't control the government schedules, but if they truly valued mining, they would have expedited the permits and stop dragging their feet on every important thing. All we are left with are doubts, guessing, depressed SP, and no idea if our wishes will come to fruition.
Anyway, new year, new hope, and my sincere wish that we can all at least get our money back.
Aquinaga. Nothing to do with admin. Me not being here.
Festive season with family. Excellant holiday.
How was yours. Lonely I expect.
Make that 18 out of your last 21 posts.
You sad little fantasist.
"Aquinaga, good to see your still proving my point about fantasists and liars.
Still boasting you've filtered me.
Yet I've just looked back, and 17 of your last posts have been responding to me.
Clearly still sulking, at being ridiculed with your claim to be mates with mather.
17 out of 20. Stop telling porkies mate, if you can't stand being shown as a fool"
Presume that green box is Needapoke?
Well if the galah needs a poke then here it is with a 💩 stick. Thought you’d flocked off when green boxes started disappearing. Maybe admin had enough. I know the rest of us have!
So maybe the great green box galah is an endangered species after all. Maybe there is a god!
well done dbw.
and we have the full support of ecuador govt.
looking forward to a fantastic year ahead.
2023 really was ****e
Feels like despite the years of frustration and waste we are now in the right sector at the right time.
The piece below sums it up quite well for me
“But First Quantum’s travails reveal something even more important: it is becoming very difficult to build large-scale copper mines in Latin America. There are more than $100bn-worth of copper mining projects across the region that are being held up by environmental permits or processes.
Latin American states, most of which have weak legal mechanisms for building strategic projects, are struggling to balance the need for new mines with increased environmental activism and the historical legacy of disaffected communities.
Latin America is normally on the peripheries of the world economy, but now the intricacies of its internal politics have global significance. Peru and Chile account for more than 40% of world copper production, while Ecuador and Argentina could become top-ten producers by 2030. The region’s inability to build new mines is bad news for the copper-intensive energy transition, but good news for the copper price”
Looking forward to much better times ahead. Good luck to all and Happy New Year.
Be honest, you angry little man, you forgot deposits/upfronts, didn't you? 😕
Probably because you're always spending cash on depreciating assets 🤦♀️
Eventually you'll learn, slug, you're just not bright enough for this.
Now: another chance. Where's that data proving you were right about comparative GDP under Thatcher? Honestly, I can spend 2 minutes annoying you anytime - you rise so beautifully - but I'm not letting you off the hook for this one. You've had your week, you've produced sweet FA. Your attempts at deflection failed. Time to admit your error.
Aquinaga, good to see your still proving my point about fantasists and liars.
Still boasting you've filtered me.
Yet I've just looked back, and 17 of your last posts have been responding to me.
Clearly still sulking, at being ridiculed with your claim to be mates with mather.
17 out of 20. Stop telling porkies mate, if you can't stand being shown as a fool
So can I, I just can’t be bothered. Phones make crazy auto incorrects but you seemed insecure enough to have to jump on your own error having mocked mine.
As for the rest of the post, utter lies. Solar panels aren’t free, you admitted already your plebs take home the embarrassing golf carts to plug-in at home
As for the concept that a company would give you a car at no profit to themselves, if you expect anybody to believe that you’re two sheets to the wind. But confirmation bias tends to work that way especially when you’re embarrassed to have been stung.
Your MGs and other quadswallop have no relevance on this forum though. We are here to discuss the share that some of us have invested in and the likes of you won’t profit from
Politics, especially geopolitics play a part. You sending your double glazing salesmen out In rented MGs will ultimately have no bearing on the takeout price of this stock
*than
See - I can correct and admit a little mistake. It's that easy!
I assume you meant 'fund'? Typing is hard for you, isn't it sluggy?
£184 rent, nothing to charge, depreciation doesn't factor and insurance is baked in to fleet (slight increase in premiums this year was before we took on ev estates). 0% finance through Santander, organised by MG business hq. Could have dropped £28k each on Skoda or Hyundai, but why would we? Certainly not to impress simpletons like yourself. Meanwhile our books are more full that even height of pandemic. It's not virtue signalling, it's just good business.
Now, can you finally stop trying to deflect and admit your stupidity RE: GDP? People have to read this tripe we post and they are waiting for you to finally admit you're wrong on this (and many other things, but start small hey?)
What does a Chinese golf cart cost to run, all in. Pence per mile including depreciation, insurance and the monthly payments you have to make because your business is so dire that it cannot find its “fleet” via regular cashflow?
Virtue signalling is an expensive business
Tldr, typical keyboard warrior nonsense I'm sure. Any update on that GDP data?
it’s hilarious when people who can’t afford purchases get them on credit and pay even more for them in the long run and then try and claim that’s sound business
it’s simply a business with inadequate cashflow that needs to borrow to grow. no shame in that of course, but claiming it’s a win is like saying you’d rather mortgage a house than buy it because you fancy paying the interest for ****s and giggles
funny how these serial losers get angry when they’re exposed isn’t it? even stranger they hang around a forum of stock they aren’t invested in trying to sniff a car crash to get sadistic pleasure from
these are the kind of guys who are nine stone wet through and would fill their knickers if someone confronted them in a pub bar. but give them a keyboard and an anonymous id and they’re suddenly alan sugar
except even that ****ney barrow boy wouldn’t have sunk to depths of “renting” a fleet of chinese golf carts
Have you owned a business where you bought rapidly depreciating assets for cash, and how did that work out for you? Was your accounts department impressed? Do we also hire in rarely-used plant equipment to avoid buying it and watching it depreciate because of a cash flow issue? What a clot.
What's hilarious is when people who are clearly thick as treacle try to ignore the elephant of their own stupidity in the room and refuse to admit their lies when everyone reading this knows they embarrassed themselves. Are you ready to own up yet, sluggy?
It’s hilarious when people who need to use credit because they don’t have sound cashflow try to justify using credit as a good business decision!
EV residual values are shocking. The markets don’t lie people
Are you as confident in your EV stats as your GDP 'data', slug? Joke- I'm sure you have some actual articles to back up your claims this time. You wouldn't make that mistake twice.
Of course we rent our company vehicles, slug. I'm guessing you've not run many businesses? Why would we take on £140k worth of liabilities when we run them as a cap-neg overhead? People doing that as their personal car aren't stupid either- get a brand new motor with no finance or maintenance costs for a fixed outgoing and cream off a decent interest on any savings you have. I'm sure there are people suckered in to bad lease arrangements but that's their look out.
I have no time for quady but I am starting to wonder if he's right when he says you are the thickest chump here. How's your homework coming?
So the U.K. is first to halve it’s carbon emissions
Has it made the tiniest hot of difference to the weather “worldwide”?
Of course not 🤪🤪😜🤪🤪🤪
Richer; they can’t give away EVs, second hand values are falling hand over fist because despite all the Willy waving, they don’t make any financial sense when you crunch the numbers
You’ll hear things like “£x per month” which already indicates that the idiots buying these things can’t afford them and are getting them on finance
Mark my words, this is a Betamax moment and we will return to proper cars. Let’s just hope we sell this crap on the faux copper demand
We've just added 4 MG estates to the fleet, each costing sub-£200 a month with a 250 mile range. Chaps who are using them are happy having come out of diesel VAG estates. Comparable price, no emissions charges anywhere they go and free charging as our warehouse has solar, but cheap on economy 7 where they want to take them home. Will chop them in after a few years so no battery concerns. Maybe look at one of those if you're struggling?
Hi Stackhigh I’m interested as to whether you’re an EV driver?
I’m not because I can’t afford to be - literally I can’t afford their huge cost when buying NEW.
As to second hand EVs. Would YOU yourself buy one knowing the cost of a new battery, which can obviously run out after years of use. I’ve heard around £8000?
I don’t know ?
You understand my point?
Your tell 'em, slug! The world is back in the hands of the coal burners, right? So we're both post-truth (because you're happy to lie here, get called out, promise 'proof' and then clam up scared) and back in the dark ages? Woop! You must be thrilled!