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Yes, DBW. Not a peep from the CGP crowd. Wonder if they are nervous or content with their situation? Because if that DFS arrives the bill is going to be a Big one, LOL! Warren Irvine has got to squeek something at some point soon!
Do your own leg work and prove Bubble wrong if you think you can you lazy g*t, he owe’s you nothing!
"our time must be coming soon" ..... Eish I've been thinking that for some time now ..... I guess it has to happen eventually ...... The CGP stuff was interesting, no money, big commitments around the corner and not a peep from a seemingly content Warren Irwin ....????
Great interview, Devonscape. Thank you!
Seems to me we are already behind the curve in terms of Copper Production. A crisis in copper availability in the making!
Makes Solgold and Alpala all that more important in terms of strategic importance.
We are so, so grossly undervalued. Our time must be coming soon........
Morning rcgl2. Their has been a skills shortage in engineering since the 1980's. One of the reasons I went into engineering.
When it comes to civil engineering, companies are looking for large projects, and if they don't have all the skill sets required, they then buy that part in. It's been that way always.
rcgl, indeed. It exposes the myth that we can simply "buy these things in". We must let this be someone else's problem.
Addicknt yes that's very true can't see it being bad though as we've had constant after hour big buys for a long time so if it is indeed a big conglomerate then they'll have a decent holding by now over the threshold maybe let's see
RCGL….. agreed , which is why it’ll never happen
It's the recent Odd Lots podcast on copper. Would recommend everyone listen to it.
On the upside the GS guy is saying copper will be an incredibly tight market over the next decade and prices could go bananas.
On a more cautionary note he also made a good point about the long term lack of talented engineers and skilled labour in the mining industry over the last decade, which will likely constrain bringing new copper mines into production and push costs up. In fact he said based on the last big boom in the early 2000s there is likely to be a lot of input cost and capex inflation on large copper mining projects. In other words highlighting the high degree of risk in Solg's official "build it ourselves" line.
Thanks it may be the same on as yesterday
https://omny.fm/shows/odd-lots/why-copper-may-be-one-of-the-tightest-markets-the
Solgold tweet
“Copper squeeze could be bigger than oil”
Can someone access please
Zoros
You might just have something there
After telling the market they’re skint it’s strange the price goes up
Q, quite possibly, but two things make me feel otherwise: the fact that, one way or another, we're due some important news and, that it's taking a long time to release it.
Still, who knows? I'm engaging in nothing more than idle speculation, as are we all.
Morning addicknt, this is probably quite ordinary.
My only reason for saying this, is that if it was of material gain or loss, we would have an RNS by now.
Just my thoughts.
Bubble, as I said, I have a suspicious mind...nothing more than that. Mind you, they've known about the need for an EGM since some time in April, so whatever it is that they're working on is obviously complex and important.
Addicknt why do you think that?
still no announcement. I do hope they're not planning to pull the stunt of releasing a bad RNS at the close of business ahead of an extended Bank Holiday.
Off hand, I can't think what bad news there could be, but I have a suspicious mind.
Hi Shipright. I can't say I agree that I find the news unsurprising or remotely acceptable. This is a business that many on here like to champion the ESG credentials of; bribery, corruption and backhanders undermine the squeaky-clean approach we've attempted to take to date.
I'm surprised it was so little.
Bribery and backhanders are how business works. Not just in Ecuador but everywhere. The only thing that surprises me is that it came to light.
Quote from their chat forum:
"... @bDMinefinder is about to become an even wealthier man. ..."
CGP MD&A is out - it seems they need to fund raise, soonest?
They also recognise that they still have to contribute 15% towards build costs on completion of the DFS. Approximately $400m. They state they haven't built this into their calcualtions for the financial report just out, because the building of the mine isn't confirmed yet?
Maybe this might crop up in the EGM?
(Are we buying a bigger chunk of ENSA?)
Z
Bubbles
CGP doing nicely too
Wasn't the money 'lost' in accounting? IE: Someone was taking it over the 2017 to 2021 period?
Z
I don't think we are short by $4.6M in the bank, just that they didn't pay for what they thought they were getting - could be dodgy labour payments.
Nice trades after bell up over 4% on tsx