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The FNV deal valued Alpala at $10 billion ($100m/1%)
The Osisko deal valued Alpala at $8.33 billion ($50m/0.6%)
The Lumina deal equivalent would be $32.23 billion ($300m x 78/11 /6.6%)
So the range is $8.33 = £6.87 billion to $32.23 billion (£26.55 billion)
SOLG MCap is £270 million...work that one out...
Meanwhile the current Broker ratings are:
Liberum 44p = £1.36 billion
Peel Hunt 65p = £2.0 billion
JPM 70p = £2.17 billion
And the SP is...9p...
MOA signed June 2022
https://www.ecuadortimes.net/ecuadors-mining-exports-could-grow-23-in-2022/
Any deal would have been announced by RNS.
Eloro. I've never claimed my posts are thoughtful.
Another ridiculous assumption.
To be honest mate, I havnt really got a clue about anything the experts on here post.
It goes straight over my head.
What I do claim is, that I try to look at my investments with a level open impartial mind, based on facts.
Something that is sadly lacking on here.
But most importantly, I don't feel the need that you and others do, to make up ficticious stories to impress others.
It would be a funny old world where I get banned, but you are allowed to disrupt the BB with your inane drivel masquerading as thoughtful posts. I can assure that if I am banned, you will be also. Busy at work, no time to waste with you.
Seriously wonder if the "Land" Barrick boast about belongs to us?!!!!!
If it is, what are the implications? Good or Bad?
Yes agree, for Noboa... the next 18 months will be like one stop election campaign for 2025 elections. Perhaps Correa's camp know they'll have sometime in this period to restock and finally get back in come next run off.
For Noboa... he might find the job at the top too much for him at 35 years old... or he might get a taste for it! Eitherway, it makes sense for him to make some decent progress and waves going forward as if he does very little... he's toast come next elections.
Bit like Scott... toast at the upcoming AGM unless he and Bob pulls a rabbit out of the hat. If they've flogged some licence blocks to Barrick, then the insider trading boys are going to be all over them after Barrick's recent comments.
So on that basis, can only assume Barrick have picked up some 'land' from ENAMI or another.
Then peace of mind...
Eloro. Be careful. That's now the second time admin have removed your childish rants.
You will end up getting a proper ticking of.
Then a suspension. Then banned. Then what
I think that's certainly the hope Fort, whether he can deliver that or not is another question. There's probably a fair bit of politicking going on behind the scenes as both Lasso and Naboa will want to claim the plaudits for moving this along.
I seem to recall reading somewhere on the BB that Scott said he expected final red tape issues to be signed while under the Lasso Government?? Anyone confirm this?
The recent Barrick comments might also suggest that some mining issues are getting pen'd while Lasso is still there which makes sense. If assumption is correct and Lasso gets the paperwork signed, then we are looking at news any day now... leading up to the change of Government on November 25th when Noboa sworn in and takes control.
SOLG's AGM and Special meeting is planned for second week in Dec.
So Lasso leaves in just under 3 weeks and SOLG's AGM follows 2 to 3 weeks after that.
Tick tock Scott... something has to give in next 3 to 5 weeks.
It will certainly be tender fort. It's been slow cooking for 5 years
Weird auction this morning
Something cooking
Novice and Sean. The dream team double act.
It's a worry!!!!!!!!!
We all know you’re curtain twitching you daft scotch beggar
Ha ha novice luvly jubbly karma, they don't call me munter for nothing. RNS in the morning would be lovely.
Was that a late afternoon rise on TSX?
Luvly jubly SH ! Feel an RNS in the morning in my waters guys
Got it in one DBW, I wonder how you guessed?
Lucky you not having to read his pointless drivel
“You absolute plonker!”
Ahhh assume you’re talking to Quady?
Sorry got so many filtered these days it’s anyone’s guess
Solgold start construction in 2024!!! 🤪🤪😂😂😂😂😂😂😂
With what? A pick and a shovel and a dummies guide to block cave mine construction?
Or a quick look on trust a trader?
You absolute plonker!
Of course he should re-post it on Monday although it looks quite negative to me but as you could spin an earthquake at cascabel, in a positive light, as less mining needed I think we all know where you are coming from
Rampers gonna ramp
Thanks DBW, yes... lost in translation.. not the first time when it comes to portuguese or spanish media rewrites.
At end of the day... while the SR is still open and ongoing... everything is on the table.
5 green lines on your thread already... I was right then! You might have to repost it again on Monday morning. Enjoy your Sunday.
Oh dear oh dear, Slug doesn't even understand when Solgold say we are going to start construction in 2024.
Which was not only said to investors, but also to the mining minister.
He think it means something else.
This is just more evidence of why he remains the most unintelligent poster on here.
He is really going to struggle to find anyone more unintelligent anywhere.
Another startling display of dopiness!
Of course they’re not included, they’re already drilled and ready to go….to a bidder
Oh dear the most unintelligent poster on here, backed up by his friend and acolyte.
Still don't get it
Forget the article.
Solgold have said Alpala and Porvenir are not included in the sale of tenements.
Some people just never listen.
Or are incapable of understanding what they are listening too.