Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Where have you been Z? Of course he is!
Don't tell me Bubble2021 is cookiecrew....perleeeze lord
Z
Red,good finish lots of buys into close
A strong UT again...192,645 at 28.95...the highest price of the day...
Maybe next week will bring a Porvenir update and progress through 31/32 towards the upper 30s again...?
have a good one guys...
Tx DBW
Z
Nice one DBW
Cheers ;o]
bn.c
Hi BNC
Was just an email to Fawsi to resolve an issue rumbling away on here for toooooo long
OK that's good to hear DBW
Was this your own individual interaction with the co (email) ???
Obviously one can only comment on the info available out there......
If I may, couId ask who confirmed this?
a
bn.c
FTF/BNC
The company did confirm yesterday Keith was only referring to block caving
“ Yes Keith was referring to first production from the block cave closer to 2028. Open pittable potential is under investigation with near-surface drilling underway which could potentially result in earlier production if the option is viable”
FTF
If you look over yesterday's discussions with Quady - I've quoted exactly what KM said & in relation to what - if that helps at all?
r's
BN.c
rk, I will go have another listen, but my take-away impression was that 2028 was referring to Alpala block caving. I mean, if say Tandayama was 100m tons of QD10 1.5 CuEq from surface....would it really take 7 years to knock up a plant & get the permits? Maybe.
And push up the price if/when takeover comes
Could they declare Porvenir to be a T1 discovery? I know the definition of a T1 is somewhat nebulous and open to abuse but it would be a massive feather in Solg's cap if this materialised
BTW in case anyone misses pob69 over on 'the other side' he's now big into ADT1 where the Sprotts own 10% of the company!
Good day...
UT 267105 at 29p...
Disappointed it wasn't 29.30 but its a blue day and the SP was strong into the close...
Just need a Porvenir RNS now restating what Keith said in the forum, i.e. MRE in 2/3 months on the way to a maiden PFS, plus updated excitement about the latest drilling...
Quady admits too being dyslexic, but is he really as dumb as he seems...
Talk about ostriches and sand...
Keith Marshall was very clear:
NO COPPER PRODUCTION BEFORE 2028
No DFS untila late 2022...
Possibly start sinking shafts in 2022 with a 2/3 year horizon...
Personally I think Porvenir could come on stream before Alpala...
Going up into close news maybe ...
Somthing got to happen here, takeover or one of these options
Ø In early March, SolGold commenced a process to identify potential JV/earn-in partners over 10 of its 100%-owned early-stage exploration projects containing 20 prospective concessions covering 86,000 hectares across Ecuador. These concessions were highly sought after during the original bidding process.
Ø No comparable and reliable alternative entry routes to exploration ground in Ecuador. Strong interest received from several well-regarded counterparties with due diligence now commence
Hourly and Daily stochastics both look ready to turn higher . Powerful! Added final tranche here. Expecting higher highs.
Fair point BNC, Apoligies to Schlemiel.
Quady,
you'll go on the naughty step for provocation!!! - please lets not start a whole tirade of arguments please!!!???!!!
r's
bn.c
rcg
agree 100%
this is exactly how I see things too!
obviously our detractors would rather have given away 20-30% of the company in share issues and given BHP/NCM an even more compelling share of SLOG...........which would be playing right into their hands re takeover............
nope - I stand by the deal as the right thing to do for SOLG & not BHP/NCM
r's
bn.c
schlemiel have you ever dealt in shares before Solgold.
If there's no monetary reward for shareholders then what's the point of being an equity shareholder? Equity value creation is fundamental to driving valuations without which you're holding a worthless piece of paper rather than a share (share or stake in the equity of the listed company)
rcgl, no, I don't believe you are thinking about this incorrectly, but perhaps it was simply a case of delaying the inevitable? If we'd seen some sensible accretion of value it would have been deemed a clever move - but it hasn't and in fact led to significant disruption, which, as we all know, the market hates.