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The BOD would reject that and go to production surely ?
Copper price has been on the rise since the recent low point last July. Going forward the price of copper is expected to rise at 4% PA up to 2030.
So copper is not the next big thing as some of us dreamers on here like to think. This will be sold when global demand dictates, not before. So when one of the majors sees the copper reserves in their portfolio trend below the demand forecasts in the short to medium term then there will be an incoming bid for sure. This shall of course trigger a rapid rethink by the other producers hopefully triggering a bidding war, but not a certainty.
What would be a game changer is if one or two more major discoveries were added to Cascabel, then Solgold would become a “must have”.
So when can we expect a bid? If an exciting RNS drops then almost immediately. If not then when demand dictates, and that could be next week, next year, two years, more. But when it does go 70p doesn’t seem too high, but if the other targets go tier 1 then £1, £2 who knows?
Half the fun on here is making predictions based on absolutely nothing more than hunch’s.
So expect a final bid….. by BHP….. on 10th September, and the bid price……..£3.40……YIPEE!!!!!!
Q according to some on here it is the BOD that have no idea what is happening here !
Only as long as certain people are allowed to make it Jezzoo
It's 15 mins into the week and Quady comes out of nowhere windmilling in with no provacation I can see.
I have a feeling it's going to be a long week............
That's irrelevant Quady, its an anonymous board, its not real life otherwise 95% of what gets posted here would simply not be posted. You're invested, as all of us are so be delighted in that and hopefully one day whether by production or takeover this will surely make all shareholders of Solg a little better off ;))
For the week ahead I predict a load of ramping from people who have no idea what's happening.
You know the same people who said this would be settled by Christmas.
That's not last Christmas, that's the Christmas after the end of the BHP standstill agreement ended that October.
Plus let's not forget the people that said BHP would buy us with their loose change.
At least that argument has gone away.
Still haven't received any apologies for all the abuse I received on those two points.
But then again that tells you all you need to know about a certain set of people that occupy this forum.
Zzzzzzzzzzzzzzzz
"No brainer"........nail on the head!
Safehaven no brainer
Why 15's? SolGOLD is up a lot........
Join the dots.
Milnrowmug,nothing wrong with that tbh
u bought in last week then ))
#"expect", perhaps? I expect little, and am seldom disappointed.
Does anybody SOLG to be very exciting this week? Will we be into the 15's?
Gold,silver,copper,rare commodities safehaven assets in market turmoil imho ,mines safe here
Bogota yes let's hope so
My expectation of the next rns's is that they would be to do with the explotation and investment protection agreements that they have been negotiating with the Ecuadorian government for the last few months, which hopefully aren't too far away from being agreed.
Seems like they have plenty of preproduction activities under way in readiness for whoever the 'mine builders' end up being. I still see some sort of corporate action being a few months away yet, but still, that's one last chance to top up the isas before hopefully a decent pay day later this year. Bit more patience required yet IMHO.
Have a good weekend all. C
Kindly keep your Chinese propaganda to yourself smick
):
Faster and smarter tik tok tik tok
Yep nothing ( bar holdings updates ) since merger completion on 24th February
Got to be sòon that another RNS is out
It's about time they got a move on this is like watching paint dry
Heres an alternate possibility Colonel..
SOLG is set up for a sale to a major, so theres no need to do the DFS or any further exploration because the right buyer can get on and build Alpala without having to go to the market...
And they will either absorb the other projects or spin them off...
Listening to the company in the past was a totally futile exercise. Nothing they said has come to pass, particularly the production guff.
Thankfully, the new team have their heads screwed on the right way round.
Correct Q "to advance monetisation of the discovery"