Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
That's my point Bozi, BlackRock are not selling shares.
The shares being sold belong to funds and ETF's.
So it's their clients shares in Solgold that are being sold.
I repeat BlackRock are not selling Solgold shares.
That statement is factual.
Sharket…. Yep hilarious
Quady - what led to you buying this stock in the low single digits? This mantra that you can only discuss points that have been released by RNS is absurd to say the least.
To judge SolGold as an entity we should all be working out a potential valuation under all pathways (change of control, asset sale/ farm down, production) for the company, not just the one you hope it follows. It sounds like you have done this to an extent but you don't want to have even hypothetical conversations with other investors, Why is that?
I'm not sure what the relevance of your question is? I can't account for every single BlackRock owned share. I would assume (being the key word) that the majority, if not all, are held within their various funds, ETFs, etc. However, I cannot rule out for certain that BlackRock don't own any in their own name. I'd need to do a full analysis and reconciliation to tell you that.
It's irrelevant anyway because your next play is to try and play on the meaning of your initial statement. Regardless of whether BlackRock are selling shares held in their own name (unlikely), or the various BlackRock vehicles are selling shares, the end result is BlackRock are selling shares. That is all that matters.
"Lastly when I get something wrong I always say sorry"
Speechless.
Bozi I didn't answer it for that reason.
Nobody knows it's a non question.
On BlackRock I have stated my position more than once and I have asked you are you stating that BlackRock holds Solgold shares that are not in an ETF or fund.
It is you that has not clarified your Position.
Lastly when I get something wrong I always say sorry and thank the person for correcting me as we are all after accurate information on this forum.
Quady - here you go again.
I've never said I do know how Alpala is going to be funded, but a few weeks ago I put to you a potential package on a 50/50 JV basis using a mix of debt, offtake and equity in an attempt to point out how such a deal would prove restrictive to SolGold and sub-optimal for shareholders.
But all I got back was "blah blah minimal dilution blah blah."
Anything I claim as fact should be checkable. That is something we should all expect of each other to maintain a bulletin board of high quality. But that's not where we are right now.
On the subject of BlackRock, you got all aggressive, as I suspected you would, because I said I'd reported you. It was the only way to try and cut through your repeated bluster, such as the below to DBW at 16:43
"What are you on about DBW BlackRock is not selling Solgold shares.
It's the funds that contain Solgold shares that are been altered or moved or sold."
You then tried to say I agreed with you when I absolutely didn't.
If you're going to make subjective comments like the one above to DBW then you need to provide supporting evidence to back up your view. Moreso, when you are corrected on something, instead of trying to wriggle and claim a different position all along, just hold your hands up and say "yeah you might have that right and I may be wrong". It isn't difficult. Nobody can be right all of the time - even you Quady.
“What absolute rubbish Bozi on the funding of Alpala nobody knows how it's going to be done and I mean no one not even you”
I know ….. it’s not !
What absolute rubbish Bozi on the funding of Alpala nobody knows how it's going to be done and I mean no one not even you, so this cannot be discussed as fact.
On the BlackRock question I have answered you, but you have not clarified your answer.
If anyone has mislead anyone on here then you are the guilty party.
Quady,yes don't disagree there that the have a multi asset valuation but not for solgold to take to production am afraid can't afford to so will be sold imho to highest bidder like a few say
Copperpot - there's nothing petty about it.
A poster who clearly does not have the required knowledge is posting clear inaccuracies and following them up with spurious claims as fact.
He has been picked up on this behaviour.
Leaving this unchecked is not beneficial for other investors reading or contributing to the board as they take this information as gospel. The same poster has offered no material response to the argument that SolGold can't fund the development of Cascabel either on a 100% basis or on a 50% JV ownership.
My patience has now expired.
Complaint noted Jezzoo.
I dare say it's because you haven't posted any rubbish recently.
But doubt you could eclipse Andywest.
Just read his posting history.
But not too much of it, as it will give you permanent brain damage.
Morning, Chief Troublemaker here, I 'd like to make a complaint.
Having looked back over the posts of the last 24 hours it's apparent my crown has been taken by the Poster Formerly Known as Virtue Personified.
Not happy.........
;)
Q, I was referring to the various shareholding tables, not anything else.
Bozi are you saying BlackRock in their own right and it's not through the selling of funds and ETF's .
Because if your not then you are 100% agreeing with me.
Let's have a clear statement from you, as I have given you a clear statement.
So the question is are you saying that BlockRock holds Solgold shares that are not in Funds or ETF's.
A yes or no will surfice.
"Our resident village idiot probably doesn't even understand what this is about."
Never a truer word posted on this BB.
If the vote goes our way Friday, I've freed up another chunk of cash to top up one last time. Anyone else doing the same?
Big week. All the best team. C
Couldn’t agree more copper
Oh dear, and the petty squabbling continues. The monotony of the few has to be endured by the masses day after day!
Quady - I didn't report you whilst agreeing with you. I'm not sure what warped reality you're trying to spin here.
I wasn't contesting some of your peripheral points but I was absolutely disagreeing with the fundamentals of your argument, which was, as you put it, that BlackRock wasn't selling SolGold shares but their clients were selling their funds.
You offered no evidence when asked to produce this. You simply just continued with unfounded mistruths. So you were reported.
Thanks and you!
Good morning rcgl2.
I don't believe I am reaching as you put it.
It fits in with the strategic review as one of the major considerations is a JV.
This makes sense to me.
But guess it's a case of wait and see.
Have a pleasant Sunday and enjoy the footy.
Come on Quady, you're really reaching now! That article is just Osisko's regulatory filing regarding the NSR, they have just used Solg's previous company blurb.
Look at the company description in Solg's own Letter to Shareholders RNS from a few days ago, no mention of "emerging multi-asset major", that phrase has now been removed:
ABOUT SOLGOLD
SolGold is a leading resources company focussed on the discovery, definition and development of world-class copper and gold deposits and continues to strive to deliver objectives efficiently and in the interests of shareholders. SolGold is exploring the length and breadth of the highly prospective and gold-rich section of the Andean Copper Belt which is currently responsible for c40% of global mined copper production.
That's very good news on Norges. Combine the Norges and Chinese stake and that's at last a 10% swing from last year and with BHP/NCM and Blackrock dropping by 3% combined, that's even bigger margin.
So looks like they will be fine at the AGM although any pi's that have still NOT voted.... get onto to it Monday please! Send BHP and NCM a firm message.... pay FAIR PRICE.
FWIIW, I think the current share price level is conditioning some folk into think of lower takeover targets eg... the longer we are sub 20p the more attractive an offer of 50p becomes as opposed to being at 35p and wanting 70p or 100p.
A bit of a reset button hit I think and reckon Maxit's gambit is to get a credible offer tabled which might be as low as 40p. That looks more credible with so sub 20p than if we were 35p+ etc.
There is always a danger that BHP don't bite and enter ring with counter offer. But the only way we will all find out is to get an offer tabled in the first place. I doubt BHP will make a move until that happens or until they see significant asset erosion or monetisation through other forms. The royalty deals have certain buyback clauses so are not that damaging but do another couple of those and it begins to sting. Got to get a competitive bid situation going. Simple as that.
Full article for those that like the facts.
Lot's of interesting numbers for those who can work out value of what we own.
https://www.morningstar.com/news/globe-newswire/8690641/osisko-to-acquire-royalty-on-solgolds-cascabel-project