Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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An even better opportunity to keep it for yourself methink.
Bounced back into the 6's as I predicted. Good opportunity to open a short now I think
Gina is 70 and Twiggy 62.
They will both be around to see Cascabel developed in their lifetime.
Diversification from iron ore into copper is what Gina, and Twiggy are chasing.
So...final comment...
MSCI is an index just like the FTSE for example, but this time a mining specialist index.
Membership will be based on MCap, so clearly SOLG's MCap had fallen to the level at which it dropped out of the index on the monthly (or quarterly) review).
As a result of that, the MSCI funds on the Morningstar list would have to sell their holdings.
According to the list I publshed earlier (and assuming either that there were no other MSCI tracker funds smaller than these) the total that would have to be sold was 19 million shares.
Which doesn't quite explain why yesterday's total volume was 76 million...far and away the highest in SOLG's history
But if you look back, the total volume in the 3 trading daysd immeditaely after the announcement of the relegation was 52 million, including a 15% fall on 15 February, the first trading day...
Now while these extraordinary volumes might be partly down to trading 'churn', there must be the possibility that there has been at least one sizeable buyer in the background...
Time will tell but lets hope for more rational daily patterns with a steady rising trend now, once the traders who took advantage of yesterday have been shaken out...
Thank you Padmaster for the link much appreciated.
Pinot
:0)
morning all.....if i remember correctly han**** borders cascabel on three sides and has done since the cadastre closed in 2018
pinot
:0)
And your point 🤷🏻♂️
A few days ago did someone suggest the office in Brisbane is to shut in July?
Given the domicile of our directors and staff, surely we can no longer be described as an Australian company?
SOLG closed at 6.96p equivalent...
1.2 billion, not million
Rio Tinto have developed a high risk high reward strategy on exploration.
they invested 1.2 million US dollars last year on exploration.
where bhp use a low risk low reward strategy.
it appears to be paying of for Rio Tinto, they and the companies have discovered some staggering sites.
they are also investing heavily in the development of new technology to extract ore from previously
unprofitable sites.
this could be of major benefit to cascabel.
just don't get hysterically excited about her drop in the ocean investment in Ecuador.
if you take the time to look she's investing heavily in chlle and other s a countries. in darkest Africa. in eastern Europe.
none the less it would of been a worry if she didn't enter ecuador
What Ecuador and its mining industry crave is stability.
Hopefully Noboa is going to provide some at last
“According to the latest Cedatos-Gallup polls, 76% of Ecuadorans trust Noboa while 56% say the country is on the right track and 52% consider that under the current government the situation in the country is better. His general approval rating was 81%.”
https://www.bnamericas.com/en/news/ecuadors-noboa-riding-a-wave-of-popular-support
Sorry Jezzoo was that comment aimed at me, I not been banned.
yesterday,gina put her weekly nail varnish money into ecuador.
the board was awash with excited chatter, we couldn't wait for today, whatch us go. just wait for the auction.
today, once again reallity sadly returns.
$120,000000, how big a hole do you think that will make in rio profit.
my grand kids swim for the state. han**** probably puts that much into sponsoring them.
and exactly how much did she put into solg
Back from your 48hr ban then.
So should read some.
Good morning Covgaz.
Look you should have worked out by now that Redknight hasn't got a clue about share dealing.
Nothing wrong with automatic trades.
Just a normal part of how a market works.
Look at any share, you get A trades.
I guess everyone awaiting the outcome of the strategic review, so we can see the plan on how to advance Cascabel.
Then maybe so of the idiots on here will finally shut up.
But then again because they are idiots, they will try to twist it and say things like, well they would say that, but they mean the polar opposite.
After all that's what they have been doing for over ten years now.
Nothing interesting here as per usual. After yesterdays chatter , we seem be on the same trajectory , with A trades running the show as per usual. What changed?
You may be correct addicknt.
Although we know the strategic review is open ended.
I suspect the conclusion is close.
I reason this because if it provides the way forward to advance Cascabel, then we are looking at a finance package to do just that and avoid just raising money to keep the lights on.
Q, anything is possible. I suspect the background of a new chairman may provide a clue...if we ever get one.
Morning addicknt.
Inst of being very strange, could it be that the company are doing exactly what they have communicated to us shareholders.
We are going through a strategic review in order to decide how best to advance Cascabel. (Ongoing).
We are delivering a PFS3 in order to have a start up with less capital outlay, and a quicker route to production. ( Achieved).
We are then going to raise the finance and build this on our own with a civil engineering team or with a JV partner. ( This is what the finance guys are for).
I predict our next appointment will be a person who has led a construction project, to coordinate the civil engineering form or firms that are required.
Who knows these conversations may already be taking place.
Yep still in …. Let’s see
AUCTION - Should be interesting.
Gl all
RK, I was thinking about their backgrounds, not the numbers.
We lost two addickt at the AGM
5 including the CEO isnt enough for a FTSE company...
But I think the Liu appointment is tasty and points the finger at BHP and Newmont...