Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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No probs Quady.
Thank you Copperpot, I am aware of UPL but not currently on my watch list.
I will take a look.
More importantly, Lasso is the Biden's man (of choice) so there's no way the Chinese are going to get a mine the sizeof Alpala. Now way at all. But they might get the multi-million pipeline, infrastructure and other associated costs like their usual skill set such as roads, bridges and water works etc. The town Musk would have been smarter spending his $40bln on copper mining starting with SOLG rather than some pointless soon to be replaced by something else pointless Twitter malarky.
I know this is the Solg board....but check out UPL for those interested in oil and gas. I've been in for around 4 yrs, things are warming up. This is not a recommendation, but just giving the likes of Mr Bubble and a few others the nod. It's not aim listed...it's main market.
I've never recommended a stock before, but this has unbelievable potential. The beast awakens lol.
Just a bit of information for those that are interested.
I suspect the majority on here knows what an uncrossing trade is, but reading this forum makes you want to bang your head on the desk, when you read how some people see these trades
However I have not seen PME's discussed much.
So like IRR this is just another metric used to determine viability.
Not the whole picture, but if interested read the link below.
https://pitchbook.com/blog/what-is-the-difference-between-irr-and-pme
Morning DarrenKeery the shasa post is just explaining the uncrossing trade and PME's.
He or she is saying it's all normal stuff and absolutely no share manipulation as suggested by some less experienced investors on here.
Just adds a bit of meat to the bone.
Looks pretty accurate to me.
Hey Fort, I saw that too and had a giggle...
Addicknt the one thing that has made me a decent investor over the past 40 plus years is I don't have a narrative or world view when it comes to investing.
I look at the facts and follow the evidence chain.
This is what has enabled me to constantly understand the Solgold story and call this correct up to now.
I didn't believe we would JV this, but I now believe that this is the most likely outcome and leads to production for Solgold.
Why? Because this is now what the company are saying.
This leaves the likes of BHP with a problem.
They can overpay or try to become that JV partner.
Personally I would like to see someone else in that role, as I don't trust BHP and believe they might try to increase costs on us during the build making Solgold a distressed sale.
Let's just all relax and see how this plays out.
RK have reread sasha post and I am absolutely no better understanding! It may as well be written in double duche !Anyway thanks for trying DK
Morning Quady , the point I was making is it is rather subjective..I personally saw it as a fail as I think the market interpreted as such..they offered but could not agree on terms which to my mind was a fail and resulted in a delay in raising which had a negative effect on the sp..but my thoughts only and really does not matter as it is done and we have moved on
Q, my point was about BHP's general strategy - I don't recall mentioning solg. But as you've raised the point it won't surprise you to hear that I fundamentally disagree with you.
I understand why you're pursuing this argument - because you believe it supports your narrative. However, if you step away from the specific for a moment, you'll understand what I'm saying.
DK read Sasha12s post at 22.00 yesterday and you'll understand...hes the floor trader...
If you didn't make the bottom of the article I posted below then read again.
Notice any similarities with SOLG's advisors lol!
"BHP has Citi and Barrenjoey in its corner helping with the bid, while OZ is advised by Macquarie Capital, Greenhill and Gilbert + Tobin." END.
mmmm!
worth a read as likely the same excuses and charade will play out on SOLG when it happens
Just who are they trying to kid? And off topic... but erm.... that missile was defo Russian and Nato look like they are making excuses or looking for way out... give Putin an inch and he'll take 1000miles.
https://www.afr.com/street-talk/bhp-back-for-another-crack-at-oz-minerals-20221116-p5bypo
Good morning Not2sure.
Let me try an example.
If you need money and try to raise funds but don't like the terms and go somewhere else where the terms are acceptable.
Then to my mind that is not a failed fund raise.
It's good business sense that you get the funding you are OK with and fits your business model.
A failed fund raise would be BHP and NCM were our only chance as no one else would lend us the money.
Given that Solgold clearly offered a " olive " branch to the big 2 in as much as you can provide the next finance for us just as long as you pay X pounds and they turned it down.
When did this happen? Details please.
WTF is all of this Sasha post? I simply dont understand?
RK I dont hope Ecuador continues to be involved with the Chinese but the reality is they are! Correo sold out 30 years of petroleum to them and on top of that borrowed from them at 22 per cent! to benefit him and his family!!! Lasso needs a boost at the moment and I personally think he will take it from wherever he can get it! My point is the chinese are very astuete business wise and I just think they will pull a blinder, and hopefully that wil be good for all us long term suffering shs!
ATB
DK
Given that Solgold clearly offered a " olive " branch to the big 2 in as much as you can provide the next finance for us just as long as you pay X pounds and they turned it down surely that has to be seen as a fail particularly as the wider market were made aware of that fact and they subsequently went down the royalty route but hey regardless of how anyone views the events we have what we have now
The Sasha post is strange not because of what it says.
Because if you click on their name they don't exist.
Derry,chill it's giving you respect that you know what your talking about that's all
Not really addicknt, companies can always be picked up on the cheap, depending on their financial situation at any given moment.
BHP and NCM were clearly unhappy with our latest fund raise.
As you can clearly see now we never had a failed fund raise.
It was BHP'S backers to that referred to it in to that way.
We thought it unacceptable and did a 0.6% royalty deal.
It was not an expensive way of raising funds. BHP and NCM could have paid a premium, but they tried to increase their percentage on the cheap.
It just means they will go after other companies that are distressed and pick them up cheap.
BHP will not bid for Solgold unless they can get us cheap.
What is Sasha 12 22.00?
DK
Surely its Sasha 12 not you Darren
I dont think Ecuador wants China after their armlock on the oil business there...
I do not work in the stock market, I think that would be clear if you care to check my posting history! Simply trying to make a few quid for my kids future, nothing more, nothing less!!
GLA
DK