Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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For those of you who have the time/interest, over on the GGP pageTimber Trader has posted a review of mining activity produced by Deloitte.
Hfh. your post
".I believe the start of that credible plan to extract it will come in the revised PFS, which I think will be released in the next 20 trading days."
this board is made up of the likes of you.
"I believe"
"I think "
unfortunately I believe and I think, don't cut it.
and you coming on here two weeks ago, trying to force your beliefs on others, others who know
solg far better than you, is to be honest, laughable.
i might add that like you, 99% of posters beliefs on here ended to be shown as wishful thinking
Interesting to note that I am not the only one who anticipates a 2 quarters slip on the delivery of the phased plan!
Scott The Rocks Caldwell bad mouthed previous management and now he is on par with DC and has become the Liz Truss of corporate management 😀
ToS I understand the scepticism but that's what I've been told so we'll see if they deliver upon it.
HfH..... I too am certainly hoping to see that, although I’m perhaps slightly more sceptical around the dates. They’ve stated Q1... or perhaps even early Q1, so given their track record I’m hoping for something around Q3. Or for us to issue another smoke and mirrors RNS rationalising a further delay. But something has to happen soon.
I believe the start of that credible plan to extract it will come in the revised PFS, which I think will be released in the next 20 trading days.
Med11, is this the number you got? 540/220*170/7=£44.6 per share. My math is weak so could be wrong but if right, 1% of it will be a dream.
Copper price up over 40% in the years since we discovered it. Solg down 80% in that time. So, for the millionth time Red, stop banging on about the price of copper and gold as though it has any relevance here. Can I remind you, once more, that we don’t own any gold or copper. The Ecuadorean state do. All we have is a discovery, and the license to exploit it. Now if we were, say, to provide the market with a credible and funded plan to extract those resources, our SP might just start to rise. Further on, if we were to actually start extracting the stuff, then you might want to start paying attention to those metal prices you’re so fond of. Until then, please, can you just stop it? All you’re doing is adding to the frustration here. We all know what we’ve discovered. What we need is a clear strategy to benefit from it. Which, to date, has not been forthcoming.
Thanks Red- very important info we otherwise wouldn't be able to find. Good input. Any update on the price of crude oil? Or the GBP-EUR rate? Try as I might I can't find this stuff anywhere ..
Copper up 2% since yesterday am
And 6% since 18 January...9 trading days...
Needs to break big resistance at c%3.95 then c$4.10...
Wow, the bashers and shorters must be really bricking it.
Those shorters have made a tonne more money than we have over the last 12 months
You're right, bbg: look at it soar!
Feeling sad for the bashers and shorters
Without any adjustments, the equivalent SP for Solg should be...well, thats too too large a number.
My previous post shows the date from the OFFICIAL FCA disclosures - 14/3/23.
www.fca.org.uk/publication/data/short-positions-daily-update.xlsx
Of course that could be the date XIB went below reportable threshold, and didn't fully close until recently (unlikely imv).
I guess we'll never know as the date on closure not confirmed as reporting info was delayed.
mmm... nothing transparent with SOLG these days and whoever had that short was being as opaque as possible.
Probably when we had a bounce 27-28 December?
Aha! Great spot...I wonder if they closed gtheir position between December 19 and January 12th...?
The next raise is going to be a blood bath, and particularly painful for those who've convinced themselves it's a long way away. This is reason number 17 (truth be told I've lost count) why no one has initiated any CA.
All those 'I topped up' parrots who've been on here for weeks, ignoring warnings, will suddenly be left overexposed and unable to act. Then they'll cry foul and claim it could never have been foreseen...
Rampers gonna ramp.
@triumph1 be careful or ByronBayGold will be adding you to their list of paid derampers - as I was. You’re not allowed to post anything negative in their book you see.
But clearly you’re absolutely right about needing monetisation here. Years overdue imv !
Bought a few more last Friday at around 7.6p - apologies for doing so, as the price has inevitably fallen.
Well that's certainly good news or bad news ... depends on how you look at it! Bad news as in we do not have a 15m share buyer as if the short is closed, they no longer need to buy back. The good news is that clearly it was a hedge or related party action imho as they closed the short out as soon as CGP merger had completed and CFO and CEO appointed. Give or take a week.
Very sloppy for them to to notify the market and they should be fined imho. What's the point of disclosure regs if some just bypass it or ignore it.
Just over 2 weeks now till Scott delivers his PFS and the market is giving him a very strong thumbs down right now.
MD&A out soon too so should get a read on cash pile burn albeit some weeks behind.
And to top it all, PIs have given Scott The Rocks Caldwell a mandate to carry on as before! Consequently, I expect more of the same here. Next news is raise for "working capital".
I'm pretty sure they now feel they closed that out far too soon.. it was 17 pence then... 17p seems like a very distant memory now..