Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Thanks, makes sense! Last few years have been 14th, 15th and 12th
1984 - MD&A needs to be filed on SEDAR within 45 days of quarter end.
So by end of Wed 14th Canadian time. Which could mean an RNS before UK open on Thu 15th.
They have to be submitted by the 14th and I think because of the time difference they're released on this market the day after.
Why Thursday?
BBG,
I'm sure you're right as addicknt stated yesterday... Bob has already said no more equity raises. So any funding has to come from his Osisko buddies if ENSA related or Franco or Mitsui or???. Remember, funds need to be ring fenced for ENSA vs exploration spend. The latter is the same (in my opinion) so any sale of Porvenir needs to go back into exploration and not toward ENSA. So Royalty deal looks the only way forwards on Alpala.
What surprises me is the lack of buying by the chinese. I would have thought they would have nicked another 1%+ from open market with sp sub 8p levels (half of what they paid eg 16p). But I guess one reason is that they might be licked into NDA's and hence trading ban as in negotiations to take Alpala on.
New 52 weeks low! I am curious what BBG is basing his wild pronouncements on? The only thing Scott has been successful at so far is overseeing the decimation of the SP. Scott is indeed the destroyer of dreams!
Subby.
Have a look at the bar scene in star wars, and maybe the life of walter mitty, and maybe have a peep at Alice in wonderland.
Then and only then consider getting involved with this board.
Be afraid, be very afraid
We won't need a DFS and the reason for holding up any PFS update would be to ensure the next funding requirement is secured.
I won't be surprised if NSR is locked in and regional asset is sold in conjunction with releasing the revised PFS.
Scott will counter all your doubts very shortly
You'd hope they have a plan for the 'flow' of news as ultimately one can effect the other. The MD&A will show cash balance to Dec 31st which could be as low as $12m. So that raises questions right away about how they are going to fund next 6 months or 12. When PFS lands... questions will be asked about what's next? And there's 'exploration' which is much needed but we have no money for. Basically it all comes down to money... without it... we can't progress PFS to DFS. We can't explore. And we can barely cover the $6m due for the 60 odd licence blocks within the folio.
So yes... Scot and co better have some answers lined up or else Mr market is going to get the vasaline out and out on the surgical gloves for a more detailed inspection and that's gonna hurt!
PFS before or after MD&A?
Thanks all for the feed back guys,,,I’m still no further forwards or backwards (if that makes any sense). Why not buy some more there cheap enough! 😂 😂
I do check in on here from time to time and do enjoy the banter but never get involved.
GLA!
I bet £100 at 50/1 that Trump would be the next president shortly after the senile old twit Biden got power. But that’s not the only reason I’d be smug about him returning
People in the U.K. would be licking their lips at the prospect of a leader who vowed to end DEI on day one, is pro business and growth and anti immigration, and understands that a woman cannot have meat and two veg
Subby77,
it certainly is a puzzle as fund manager data via morningstar also confirms that there have been limited sellers over last few quarters and infact more buyers. We did loose fidelity and blackrock a while ago along with some smaller players like Berry Street Capital which capitulated due to waning retail interest across their folios (as mentioned by Addicknt.)
Since the sp hit 42p a while ago, SOLG now owns an extra 15% of the Tier1 asset so 100% owned. Has numerous red tape and early development studies concluded. Shareholder register bolstered with Chinese state interest. Gold prices near all time highs, Copper up around 20% on average over last 5 years. Copper shortage looming. The list goes on. Yet here we are rock bottom at near multi year lows. We even have an additional asset in Porvenir proven up to a level that is comparable to some other ecuador mines which are seeing cash injections from chinese to the tune of $130m+. So basically we are priced on Porvenir value only at present and the Tier1 asset which Franco, osisko invested $150m cash combined based on royalty deals ... apparently valued at zero. It's a world that makes no sense. It's a world where Putin can invade Ukraine and Nato, US and UK arm them to defend themselves yet when Israel invades Palestine and commiting war crimes, the US, UK and Nato just stand by and watch and do zilch! It's a world where the US has a president that can barely stand up straight, has poor memory and can't string a sentence together and on top of that, the best replacement they can find is Donald trump, who seems to be in court more times than a mexican immigrant who incidentally the formaer has tried to build a wall around which makes the Israeli's efforts look like a ha ha.
How's that all sound.... wonky weird... lacking in humanity and common sense.
24.11.22 // Jiangxi becomes investor in SolGold
https://www.miningweekly.com/article/jiangxi-becomes-investor-in-solgold-2022-11-24#:~:text=London%2D%20and%20Toronto%2Dlisted%20SolGold,company%20owning%206.3%25%20of%20SolGold.
03.02.23 // Govt expects Cascabel pre-construction to kick of end of 2023 and construction in 2024
https://www.bnamericas.com/en/news/ecuador-expects-us3bn-construction-of-2-mines-to-kick-off-next-year
24.02.23 // Solgold completes merger with Cornerstone. Solgold controls 100% of Co.
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2150-tsx/solg/136871-solgold-completes-cornerstone-merger.html
16.05.23 // Solgold to explore phased development of Cascabel
https://www.mining.com/subscribe-login/?id=1117994
20.07.23 // Exploitation & Investment protection agreed between Solgold & Government
https://www.mining-technology.com/news/solgold-sheet-ecuador-cascabel/?cf-view
09.08.23 // Ecuador halts mining licences and approvals, with Solgold's Cascabel being an exception to the ruling
https://www.mining.com/subscribe-login/?id=1124361
01.12.23 // Porvenir project update - Porvenir includes a cluster of porphyry copper-gold targets. The Cacharposa anomaly coincides an open-pit mineral resource estimate comprising 396.8 Mt @ 0.44% CuEq for 1.40 Mt Cu and 1.80 Moz Au in the indicated category, plus 96.9 Mt @ 0.37% CuEq for 0.28 Mt Cu and 0.38 Moz Au in the inferred category.
https://polaris.brighterir.com/public/solgold/news/rns/story/x4o89ow
14.12.23 // Solgold receives environmental license from Govt. to carry out certain underground activities
https://solgold.com.au/solgold-plc-announces-reminder-to-vote-at-agm-cascabel-update/
16.12.23 // “Solgold is a once in a lifetime investment opportunity and will be acquired” W. Middlekoop
https://www.youtube.com/watch?v=gYSRF6Tw3Tc
21.12.23 // Solgold CEO receives full support at AGM
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2150-tsx/solg/153335-solgold-plc-announces-result-of-agm-3.html
The next 6 months will be life changing and will bring much wealth to our families!!!
Intelligent?! I just spat my coffee out laughing
Imagine a parallel world where there are only electric cars and someone invents the internal combustion engine.
Cars are halved in weight, 50% cheaper, can be fully charged in 3 minutes and run twice as far on that charge as an EV
The demand would be such that they’d be flying off the forecourts. EVs would be finished
And that is basically the problem! They’re expensive and crap and nobody wants them
Your confidence in the world sleepwalking into a deeper climate disaster is actually some comfort to the more intelligent amongst us, slug. If a man who is usually wrong calls something and you disagree, you're golden 👍
You’d be right,
Sells: 66 vol 678596
Buys: 98 vol 1793633
Uknown: 14 vol 259950
That's not the case. If you look at the daily volume over the past few months, aside from being very low, it's been the case that buys and sells are more or less in equilibrium. In fact, there's been plenty of days when buys exceeded sells and yet the price still falls - I think today is a case in point.
It’s clear that the wheels are coming off
EVs will die a death in the next few years, im totally confident of that
So who has sold then, there's been a massive exodus to push solg this low?
I just can’t understand, a plummeting SP to under 7p,,,with a tier one asset one the books.
All these big companies and the Chinese state (if that’s true). And here we are a basket case,,,,somethings well up. I just don’t know what
1984
The Saudis aren’t generally too keen to release info that affects the oil price
https://www.reuters.com/markets/commodities/saudi-energy-minister-says-there-is-huge-oil-spare-capacity-cushion-2024-02-12/
They don’t seem quite as confident as you in terms of the transition or lack of 🤔
None of the large holders have broken thresholds and even the likes of Norges (Norway State Fund) who were active buyers at 30p+ ranges a while ago are still holding onto all their shares. Dec 23 update showed that they had not sold any shares at all but had dropped sub 3% due to CGP merger.
Blackrock exited in 2022 although have a few dreggs left in numerous funds but minor.
Like I said a few days ago, the major shareholders register has actually grown with addition of Chinese State to the tune of 6%+.
It's hardly a sign of a company in distress is it? Chinese ave price paid circa 18p. BHP average price paid nearer 28p I believe along with NMM which might have lower ave near 21p.
I particularly like the dynamic (imaginary) levels of support and resistance to six decimal places that he’s good enough to share with us
Redknight provides his own personal RNS updates on this message board, to ensure we don’t miss out.
Subby, as significant shareholders they are obliged to report all share transactions, and they haven't done so.
As far as we know, the last institution to sell was a small outfit in London whose fund had to be liquidated due to poor performance.