The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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'western countries antagonizing China' hmm... It isn't the West provoking both regional and global tension by threatening Taiwan and the Philippines. Nor can I think of a western nation engaging in ethnic cleansing of its own people. Please don't think of China as a victim - it isn't. It's an aggressor.
As to your main point, you may well be right.
Almond thanks …. Sorry I missed it earlier
Thank you for sharing Almostdone.
I wander whether, given the diverse book and the amount parties who engaged SOLG in the so called "data room", it's possible that the ongoing conversations under the strategic review banner are made more complicated by this partnership angle.
In other words, if the Chinese are interested and maybe BHP or Newmont, and who knows about the Barricks or the Sumitomos of the world, Maxit might be taking longer to figure out an investment structure that lines up two or more of these parties, and that is nor made easier by Ecuadorian country risk and western countries antagonizing China.
I know, I know, just fantasies maybe....
Fort, Maxit advised the buyer (FMG) on the Noront transaction, not the seller. Basic stuff guys...
Needalife
Not sure you should go that far but there are several rampers who should take a long hard look in the mirror as I am sure their posts will have had an effect on some posters who may have sold in the 30s/40s but believed the BS they continually spout daily……
It has cost some an awful lot of money……yet the majority of them still have not learned their lesson
Another decent read …….
https://www.mining.com/web/miners-seek-partners-for-copper-assets-as-ma-heats-up/
So anything you disagree with is a lie to suit your narrative.
Unbelievable.
EVs are responsible for all the pot holes
EVs have nothing to do with clean air in London
EVs are responsible for increasing car insurance
EVs are too expensive
Perhaps if you open your eyes you’ll see the most valuable car maker in the world is an EV producer which is worth more than the next 4 biggest manufacturers combined.
You can lead a horse to water
1984. I would gladly lose my investment in solg, just to watch a few keyboard experts running round like headless chickens, cluelessly posting the same wishfull thinking and fantasy coming to realise there not so smug after all
The revised IPA looks very significant and well worth any interested party waiting for ….
“One of the key economic assumptions is that the company expects a reduced corporate income tax rate of 20% (previously 25%) during the Project’s life once the Government of Ecuador approves the amendment of the Investment Protection Agreement. Based on this reduced corporate income tax rate, the Mining Concessionaire, the State, and SolGold have agreed to a variable royalty on net smelter revenues in accordance with Ecuadorian Mining Law. The applicable royalty rate follows the progressivity criteria stated in the Mining Law, stipulating a variable percentage rate from 3% to 8%.”
Https://www.lse.co.uk/news/anglo-american-and-mitsubishi-materials-to-work-on-copper-value-chain-ql304ntabss8uog.html
Grasping at straws but yes eventually someone will buy this dog but when and for how much?
Forgot to add, have a peep on YouTube, fella called Andy Schectman, worth a listen
The 112$ over the spot price was per ounce
Atb
Almostdone
Good find, whilst copper is going to be in great demand, at present gold is being bought by the east, they know the dollar is in major problems, over printed and trillions in debt, not accounting for the shadow balance book, which is meant to be silly amount.
This is why central banks have been topping up their gold reserves, gold is being bought at 112.00$ over the spot price, this suggests the US might start to default on loans, they keep raising the treasury values which is a sign they are desperate, Solgold has plenty of gold in their ground with copper and silver, bargain basement value and must be on the radar now for companies.
Atb
Quite bizarre that you would take more pleasure out of arguing with bulletin board posters than you would out of putting your money in something you believe will make a profit instead
As the old saying goes, nowt as queer as folk
Eloro.
Your devotion to irwin is admirable, it's one hell of an investment strategy you've found yourself.
And one more thing about your desire to be the cleverest poster on here.
I don't only post on one share.
I post regularly and mostly positively on my modest portfolio on hot copper, under a different name.
I only post on solg, because it's the only share I have on the uk stock exchange.
And I get great satisfaction from challenging the key board superior experts unfounded tripe posted on here.
SharketMare - I think it would start a bidding war. But if no bids try something else. Offer 90% - 95% for $500M keeping a free carry to production, or shelve it, fund raise and drill elsewhere. They are in limbo now. Govt will pressure them to start. If they go with any joint venture, PIs share in it will be far less when the dogs take their share.
Its ironic. Every explorer dreams of a catch like this, but they cant land this whale by themselves. Everybody knows it and have time on their side, watching. Solgold need to start the ball rolling themselves. Take what they can and find another fish. Otherwise they will swamp the boat and lose it all to the salvagers.
Quady, they’re all lying. When are you going to see it?
Again Slug incredibly unintelligent.
No one says it spontaneously combusted.
The fire chief is lying is he.
You always manage to be the most unintelligent poster on here.
Good article, this will be acquired most likely directly by a major but it’s not impossible a wealth fund or major benefactor such as an automotive giant won’t pony up some cash for securing copper.
Only a demented camel with its head shoved so far up it’s backside it can lick it’s teeth clean, thinks that a motley crew whose efforts so far are a community bakery and a coffee shop can develop a $5bn capex mining facility
Quady, trust me on this. Diesel range rovers never have spontaneously combusted, that’s why we haven’t had tales of enormous car park fires like this before.
The propaganda machine is desperately trying to cover up what is monumental, maybe even terminal damage to the EV movement
It won’t work
Quady I don't believe anyone is in the data room. I hope you are correct.
Covgaz this is why we have a strategic review.
It's purpose is to advance Cascabel.
We have people in the data room.
More than one way to raise funds.
Just a few more months.
Maxit have flogged a few assets so I guess 'form' exists there for posters to research. As some have pointed out already, I think Maxit advised Noront Resources. They advised guyana goldfields and common denominator there is the Chinese who bought it out but only after someone else made the first move. Was there a whiff or sniff or hint of a takeover on Noront or Guyana Goldfields? If not, then surely they are classic examples of Maxit's ability to get deals done in a manner that leaves posters like Anon and others all thinking nothing is happening or in the offering.
Scott already has a bucket load of options at 17p so you could say... why would he want to buy anymore? Yes it sends a signal to the market and helps with sentiment but perhaps the real reason is simple... he knows 10p is a bargain. Lets face it he clearly thought 17p was a bargain too otherwise he would have had options granted in the 14's. or better.
The signs are there for those that want to see them and not there for those keen to avoid them.
So...do we raise at 5p , or go bust completely?Or , raise at 5p , then again at .08p in the future? A takeover doesn't seem to be imminent.
Https://www.mining.com/web/miners-seek-partners-for-copper-assets-as-ma-heats-up/
Slug yet again you are more unintelligent than I even think.
Trust me that's saying something.
You cannot even tell the difference between an EV and a diesel car.