The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Add - he has basically sat in his highchair for the last 18 months whilst others pointed out some of the issues he raises today.
I'm sure the right half-honourable Fortissimo now recognises that the outlook for the company is based on what lies immediately ahead and that is approvals from the government and a PFS optimisation that puts Cascabel back on the map.
Maybe he "took advantage" let all his shares go at 12p and is now trying to paint a picture of a car crash in the hope he can buy back at 5 or 6.
Good luck to him. Plenty close to the action saying plenty to indicate SOLG has made great strides and the market is yet to recognise it.
Good to see the penny has finally dropped for you Fort.
But 8p is hardly the price to be a permabear.
Time to see the value proposition for what it is, assuming management is getting it right now.
Let BHP push on with Oz. Jiangxi are at the wheel and could be about to seal the great recovery for their nation as far as resources are concerned.
True, but only after 9 months thinking about it and blowing millions. in the process..
It doesn't take 14 months to sort out a stripped down pfs. It takes about 4 months at best.
Twigger is Chair
Scott is CEO
Dan is a mere NED
James Clare will be out on his ear at the AGM...adds nothing and barely scraped home last time...
NAL
Look what novicehunter posted on the gst board this morning before it did 40%
"Yes looks like the conmen have had their profit... when are real investors going to learn, back to normal here nothing to see or hear for a couple of years, welcome aboard the few thousand new investors chained in at a loss 😭"
Now he's hiding like a worm!
Aquinaga, be very careful mate.
Admin are clearly on your case.
Every time I report your abuse, they remove your posts. That's three times now.
Fort, why are you blaming Caldwell for the failings of the previous management? Surely he's now taking us in the right direction?
Last para pretty much sums it up...
Phased Study Revision
In an effort to reduce the upfront capital requirements of the project, SOLG is completing an updated PFS to evaluate a “phased” approach to development. It is anticipated that the updated PFS will include early-stage sub-level caving targeting higher grade ore zones at beginning of mine life. This approach has the potential to reduce time to first production, lower the initial capital expenditure barrier and provide early positive cashflow to fund development of the higher tonnage block cave. This approach is similar to that executed by Oz Minerals for development of the Carapateena IOCG deposit in South Australia." END.
So Bob and Maxit eating humble pie it appears. The phased approach is of course the BHP approach on Oz Minerals.
It's beginning to look more and more like BHP made a decision in Mid 2022 to buy Oz Minerals rather than SOLG imho and when that bombshell landed... SOLG immediately went for the CGP merger. It cost BHP $6.4bln (US) to acquire OM.
I'm sure BHP are still interested in Alpala as it's a rare and great asset but I don't think they are as desperate for it as they were before OM purchase.
So we are after 12months of zilch apparently following BHP's lead and $50m cash burn down to decide that. That's poor management. If they had listened to BHP 2 years ago then maybe... just maybe... all would be doing better than the 8p share price today.
This is an example of SOLG management epic failure as following BHP's guide negates the $100m they spent to produce what will be 2 x useless PFS's. What a waste of $100m!
Carnage at the AGM and rightfully so.
It also has Dan Vujcic listed as a CEO. I just assume it's a mistake.
Liam Twigger - Deputy Chairman & Executive Director
His name is listed under Corporate Finance & Board of Directors
Icwanderer, Cheers. That a really informative read.
A nicely condensed report, where I've learned more there than from the company!
I strongly recommend that anyone who doesn't live on this BB should read it.
Mogg, he's deputy chairman.
Interesting find ICW. Thank you.
Page 2, i see Liam Twigger is a Director/Finance, maybe he put a good word in for us :)
Thank you lcwanderer, interesting find.
Compared to the other project in the list I think we can all see in plain daylight why this is a tricky company to shift: lower IRR, larger Capex, longer time to market, country high risk (although most in the list are actually).
So actually, it validates the idea of creating a smaller PFS and by inference the credibility of the team that is working to deliver it.
SOLG included in Argonaut's top-10 best undeveloped projects book 2023 (see page 62)...
bit.ly/40Ekoea
Shipright, what did your contact say about the upcoming meeting
Can't agree about Scott.
I'll vote for him.
And the special meeting.
21 days minimum notice required I believe in uk... not sure on TSX rules.
Tick tock scott soon to become tick tock boom if nothing is delivered to shareholders in next 4 weeks.
Toast.
Mathers finger, interested to see you getting hysterical.
My question is why are you here in the first place.
By your own admission you've only bought 2 or 3 thousand gb pounds worth of shares, you appear to base your investing strategy on utube videos, which you tell us to watch every other post you make.
I think that equates to about 5 or 6 thousand dollars.
It's pocket money for serious investers mathers. Pocket money.
Certainly not worth getting hysterical about.
You are clearly well under water. Take what's left of your money, and put it in your money box
Still responding to my every post aquinaga.
Still spouting the same bile, like a woman scorned
Still can't move on from being ridiculed
Still telling everyone you've filtered me.
Still think anyone believes a word you say
Still don't know the truth from fiction
Agree, just looked in and looks like the cesspit is overflowing again with green parrot boxes and replies. So glad to have been out and about at the weekend and not scrolling through and getting it on my shoes.
Hope this week brings some news of significants! Then this cesspit can be filled in!
absolutely pathetic ******ng on here today, you moan about each other being a waste of time yet, you spend hours here telling each other how pathetic you are, unbelievable, so called grown ups.
your partners/ children must be proud of you
Copper news
https://news.bloomberglaw.com/international-trade/china-tightens-its-grip-on-the-greenest-metal-of-them-all
The lack of support he gets now from anyone just demonstrates the boad are sick of him and his child like 🤡 🤡 💋 😂 😂 it doesn't belong on an investment forum or the disgusting words he uses -more suitable for ' The secret diary of Adrian Mole'
I promise you it's another lie he will be back he needs the attention.
That's now, 28 times you've told me you won't read or respond to my posts.
Open, mouth and foot come to mind.
Oh, and I'm now the 306th poster you've chosen to bicker with, and ran of with your tail between your legs after being ridiculed.
Take the hint GO