Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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I love the way you sit on the fence lol
Thay are between a rock and a hard place. They either do something about inflation and crash the market, or protect asset prices and allow the inflation genie out the battle.
Mid term elections in November, Biden will protect his voters at the expense of the market. Imo
The printing Prees has been turned off and the balance sheet is being reduced . Interest rates finally going up, very high inflation and the Nasdaq already in correction territory.
Anyone who follows the US markets, will know all the talk is of a pending correction.
The UK market has never been immune in the past and I doubt it will be this time, even if it is technically good value.
There has been another big pull back stateside tonight. Personally I don't think the markets will hold up for much longer.
No boat can flout alone This will effect the solg SP imo.
Who gives one seanh lolzz
Guess the peeps waiting to buy in under 27p shouldn't have been so greedy.
Novice PI's are selling or the main holders are selling.
Which one is it.
Because someone's selling hence the current share price.
Addicknt correct, we are following plan A it's the main plan, hence the temp drop in the share price .
I agree if a full value bid arrives solgold will sell up, that's been true for the past ten years.
However for all the reasons I have given, we will not get a bid, as long as the book remains this diverse.
So we continue with the main plan, which is plan A.
"Speculated on a bid are selling up" In your dreams Quady, was that an ever so slight passive aggressive post...
Q, Plan A begets Plan B. Even the CEO has admitted he's receptive to bids.
Has anyone considered the real reason for the price fall.
In order to get there all you have to do is listen to what Solgold says.
We intend to build and construct Alpala, We intend to construct the necessary infrastructure and sell a clean concentrate.
It is those PI's that have speculated on a bid that have sold, with such low volume that gives us our current price.
Its all detailed in the MD&A Lunch...
https://www.rns-pdf.londonstockexchange.com/rns/6555B_2-2022-2-14.pdf
Detailed in the individual projects and summarised on Page 23...
I can't believe this rise is purely on being oversold. It smells leaky to me, something is afoot.....
Novice - how very dare you! that's my employers you're dissing :)
You know Barrick has always been my favourite, but BHP could give them a hard run having missed out on Noront...
Mark Bristol:
"We have put a particularly strong focus on exploration in Latin America..."
"Barrick’s strong balance sheet and the abundant free cash flow generated by our operations will enable us to continue building our future by investing in the development of the many growth prospects within the group as well as the acquisition of the rare external opportunities that may meet our criteria."
"the new gold major appears to be completing a full circle under the leadership of Mark Bristow by increasingly prioritizing value-adding grass-roots exploration and development, he tells The Northern Miner.
After kicking off a period of top-tier gold-industry consolidation, the company has been focusing on “right-sizing” the portfolio, focusing only on Tier 1 and Tier 2 assets...."
"Mark Bristow, the CEO of one of the biggest gold producers in the world, Barrick Gold , says that his company is looking to expand its copper business.
“Copper is the most strategic metal,” Bristow told Barron’s. “Gold of course is precious.”
Knowing our luck Abbey National lolzzz
Novicehunter:
I hope it isn't Lloyds
Spot on Red …… everyone knows a bid is coming . We just don’t know who will move first or when.
FOMO
Here they come from over the hills, I can hear the hooves thundering
Steady institutional buying post PFS now everyone is back at their desks...?
A bid...?
Rio drill results.
My contact has pointed me in the direction of the company's stated commitments, which I was able to find in the last MD&A
While Cash on hand was $58,405,359, Total net working capital was $63,672,827
H2 Capex for Cascabel is $24.56m
H2 Capex for Regionals is $11.88m
Licence commitments for the FCY 2022 are $6,366,389 so lets say $3.183 for H2 2022 (to June)
Admin costs for H1 2022 were $8.724. Financing costs net of Finance and other income were $6m
So...putting it all together, total cash outflows this HY can be estimated as:
$24.56 + 11.88 +3.18 +8.72 + 6.00 = $54.34
Which seems to leave Net working capital at June 30 as c$10m...
So in conclusion there is no need for a cash raise imminently but it would be prudent to do so before 30 June by which time the SP should be significantly higher.
"I reckon the market finds it hard to predict when a bid might come."
That statement augments Darryl's saying "we're open to it..."
Onwards and upwards...
one day it may actually be true, & that'll be the month he doesn't post!