Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Careful youll be slated calling trade numbers lol!!!:) sean indeed sick of it atm
Not2
Those A trades are matched so they are both buys and sells but only once reported…. Someone happy to offload and someone happy to soak them up
Uncrossing trade for sure but there were a couple of reasonably large trades as well..just out of interest Q what would be your interpretation of all those smaller trades particularly the 2600 ones ?
Afternoon quady am I right in thinking that your thoughts are that there will be no sale and eventually we will go into production and how long will that take . I think greatland gold going into production next year and it's share price is miserable and I think PREM literally on the cusp of production seems to be picking up
he is talking about three plays including (starting with) solg. Seems he doesn't have many choices.
Good grief seanhunter the million shares traded was an uncrossing trade.
https://twitter.com/bhp/status/1593378500634763264?s=46&t=C_MS-wnKB_YKfgxlcGVGqg
Every time we make a bit of SP headway, we get bounced back to 18.40.
I'm assuming we're gonna see another 1,000,000 shares bought at 18.38p or thereabouts after hours.
I wish they'd get their buys in and let us soar.
Interesting tweeted reply...
Replying to @TheWealthMiner
"I would agree that Filo would be a better deposit than Cascabel. But Cascabel is pretty strong and their exploration properties are part of one of the best portfolio of exploration projects in the world. Why does Henry keep commenting on SolGold, they only have a small position"
https://filo-mining.com/site/assets/files/6809/fil_corp_pres_june_2022_b.pdf
I remember those days. I forget how many I held, but it didn't end well.
SOLG still spends a few bob a year in the Solomon Islands, which is where they started...they're in the Ring of Fire...(see ADVFN)
Sounds like what I had on Wednesday morning after a Punjabi Lamb the night before...
Our board let rip into BHP when they knew they were going for Oz minerals, so called in the know people, contractors at Oz who gave them the nod.
Anyway, tier 1’s are in demand and our time will come, hopefully Solgold now starts putting all their geological updates together and release a brilliant RNS.
Atb
RCGL yep or use another bid ( maybe even one they’re behind ) to flush em out
Orthern, addicknt - agree with both those points.
I know Sangha said the last 6 years were wasted but I think a lot of it was just waiting for NCM or more likely BHP to make an offer to buy Solg out, especially once BHP's lock in period ended. I think Mather wanted to string it out until it happened. Let's face it, pretty much everyone here and most of the press thought that was what would happen, so was it so wrong of Solg to think that too.
As it turns out, that hasn't happened and BHP haven't made their move so now Sangha and co are taking matters into their own hands and will go and find someone else to buy it.
rcgl, now we're in the hands of Sangha an co I am much more confident we can escape the slow strangulation by BHP. There are plenty of other fish in the sea. Who knows, we may ultimately end up in their hands, but they're not going to have it all their own way. I have a feeling Tubby Cuzzy may have rolled-over much more readily.
I think Solg need to just forget about BHP.. they are focused elsewhere… our management have sat around waiting for BHP to move on us long enough… more than long enough..
Crack on with monetising with anyone but BHP..
If you think BHP are the most likely buyer for Solg, then I thought it would be better if they had failed in their bid for Oz. Henry keeps going on about capital discipline, not overpaying etc etc. He's in danger of just doing the classic commodity cycle thing of overpaying during the last boom, refusing to invest now due to the previous overpayment, then missing out on cheaper opportunities and then having to overpay again at the peak of the next boom. And so on...
If BHP had missed out on Noront and then missed out on Oz Minerals as well, I think they would have been under a lot of pressure to secure the next target or they start to look like they can't close any deal. Which would hopefully have led to them snatching at Solg and possibly paying up (or overpaying) in order to ensure they were successful.
As it stands if the Oz deal does close now to some degree it vindicates Henry's stance of being selective, starting low, showing some discipline etc and takes the pressure off them to bag another asset any time soon.
Having said that, Sangha seems to be suggesting they will flog Cascabel to someone else entirely so maybe we shouldn't worry too much about BHP anyhow.
DBW, thanks.
Addinct this was the wording
“The focus of the Group during the financial year ending 30 June 2023 will be on the completion of a PEA for the Porvenir project and advancement of the Cascabel Feasibility Studies.”
We'll see...but surely they would want to save face and get out at least even...
Or the OZ success (470% more than they could have paid recently) might embolden them...building a portfolio of critical metals...
Sharket….. wouldn’t surprise me if DGR end up with some of the excess licenses once this is all over
No they said it was part of what was reportable then same with PFS …. Doesn’t mean there won’t be a delay ….
DBW, wasn't there a suggestion that the Porv MRE2 has been delayed until the middle of next year? Quite possible I misunderstood what was said.
Darren - the DGR theory is an interesting one. They have recently been selling down - relatively aggressively - their position in ALL. Would SOLG/CGP be permitted to place the 6.7% with DGR, further strengthening the hand of the 'little guy' contingent and freeing up funds for exploration? Win win for Mather.
Morning Steve
We know the AGM is in just under 5 weeks and people will be able to start voting in a couple .
There are so many possible pieces of news we could receive before then
Merger completion
Placing of CGP shares
PFS addendum
MRE2 Porvenir
Moran update ( if we ever get one)
Or something completely from left field ….. or knowing Solgold’s track record of late we could get absolutely nothing …. Though I doubt it with Sangha & co ( fast and smart )
These are both exciting and tense times as many bridges have been burned here now so let’s hope they have a seriously good and secure plan in place.
I guess we’ll find out soon enough.
Just a thought RK with regards to the BHP Oz thing….., could they actually relinquish their holding here now ?