George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. 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.
Good research , Red . Respect for that ....keep it coming
I'd expect a further 2p rise tomorrow without an RNS taking us to a 19p base camp for the coming ascent back into the 20s when some kind of news does land.
as it looks like my 13p buy is looking like a really good investment.
An average of 18ish too.
Given that I'm a terrible investor luck-wise, I always hoped Solg would come good for me eventually.
I've known Mitsui for years via it's Bab**** connection and they're an excellent company.
Here's hoping my faith comes good and the Japs are in for a couple of hundred million.
Red ..
9/10
Nice one Red, seems you could be either very close or spot on!!
Fascinating post Red, cheers.
This is getting very interesting.
But a few on here seemingly very unhappy with todays rise...
Red you are close
RE: Give us something02 Sep 2022 22:57
Try this...
Sumitomo Corp has a 26% stake in Oresteel, which owns a controlling interest in Assore Holdings which has a 50% stake in Assmang.
Assore Holdings has increased its stake in Atlantic Lithium to 23.79% in April 2022.
Vincent Mascolo recently died. He was the CEO and founder of Atlantic Lithium.
Vincent was also a best buddy of Nick Mather and cofounded Solomon Gold with him.
Vincent was also a NED of DGR Global until 2021.
He founded Ironridge Resources, which spun off Atlantic Lithium a few months ago.
DGR Global owns 24.4% of Ironridge...
DGR Global owns 9% of Atlantic Lithium
So maybe the untimely demise of Vincent Macolo has triggered a determination by Nick to pull everything together...
Sumitomo Corporation, a subsidiary of Sumitomo Group, has a market capitalisation of $17 billion...it has a South American subsidiary and a commercial office in Ecuador...
So it seems they are putting together a portfolio of mining companies in various critical metals, including nickel, lithium and maybe now copper and gold...
They could swallow Solgold for small change...
Am I close....?
Jez
He’s poison
It’s been a really good day , please ignore and move on ….. just scrape it off your shoe
Bozi, sure sounds like your happy enough.
Blah blah blah need more money :-)
Addicknt - he's the same with everyone who doesn't hold his uber positive and 'creative' views.
It's a badge of honour. He can't handle your ability to adjust as events unfold and your ability to deal with nuance where necessary.
It's all about the huge asset, NCM, BHP, NM, Norges gorges (i mean...)and BlackRock.
Hope you enjoyed lunch. That case of rather expensive red could be shimmying into view.
Or Monday !!:):)
Looks like we'll all be up at 7am tommorrow :):):)
That guy pointing to the summit of that hill is telling them that's how much is under ground in rare minerals at cascabel :):):)
What news Monte?
All we have is a tweet off an unverified third party. As encouraging as we can take it on face value, what else are we supposed to draw from it?
Will it fill the SOLG coffers? Nope, we'll need a rather large bank transfer for that.
I'm happy enough. I have voiced my opinion in recent weeks and they have, by and large, been vindicated. Price went where i said it would g, and now it's for the management to deliver what they need to.
Everything else is an irrelevance.
Would have expected something along the lines of " looking to invest in Ecuador mining" but specifying Cascabel unusual, and very deliberate. Potentially great news!!
GLA
DK
Afternoon all. Nice find Sire ( as always !! ). Dont believe they would publish that without something having been sorted. Not the starting gun being fired but surely the safety lock taken off and gun poised to go off!! What a great JV it would be with such a company, big and very diverse with many SA ventures.
GLA
DK
No Jezzoo you are just uninformed and snide.
I will deal with you in a different way from now on.
Fort, I've just seen another post in which you have a dig at me. You and I appear to agree on virtually everything and yet you still post snide comments.
Many people on here describe you as a total ****** and I'm beginning to see their point.
Deal done I say deal done. Pfff
Surely they wouldn't release pictures and news like this unless some kind of funding or deal has already been done?
Surely helping the price up before buying is not the way to go for Mitsui.
News tomorrow or the weekend?
Am I being over optimistic?
Having read through today's posts, it looks like massive and strangely Bozi too are clearly not very happy about the news,
Quady
"Oh dear Jezzoo you never give up.
Don't suspect you understand that this is Solgold doing what Solgold said they would.
Looks like we may have the funding to DFS which then allows funding streams."
And there you have it !!
I never give up, thanks for noticing.
Sure looks like Japanese guys in the pics ;-)
Be nice to see an RNS landing on the mat tomorrow morning with some positive development...
If so, this SP way down here at 17p is like a coiled spring waiting to... what's the word... spring back into the 20s.
Even news of a placing at 20p would be fantastic at this stage.
Just got a feeling tomorrow will have a bit of "whoosh" to it.
GLA