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Thank you JG.
Methink it's an AI generated article or the writer must be on the spectrum. No issue with the spectrum to be clear, just noticing the anodyne writing style.
It's quite generic, would probably work better with more liquid shares with predominant institutional investor presence.
Good afternoon JG1964.
The article explains the diverse book better than I ever could.
Lays out the pros and cons quite nicely.
Just doesn't pick up on all of DGR's influence.
I totally agree Italian and if you click through to the valuation, SOLG is valued 80% higher than, for example, ATYM at current prices (1.8PB vs 1.1PB), whereas ATYM actually has earnings and yields 9%.
See my comments elsewhere for a fuller view...
Well as we wait we are currently 10% down on the week, 22% down on the month, 39% down on the year and 35% down over 5 years and that’s with all the extra gold, copper and silver we’ve found !
I bet the board and previous regimes are really pleased with what they have achieved 🤷♂️
I sincerely hope they have an ace up their sleeve otherwise it is going to be a long long wait for not very much!
Have a great weekend all
ONWARDS AND UPWARDS!!!
Yep it’s a truly disgraceful performance hey Novice
I wonder if they ever consider just how badly they have done in terms of sp performance over 5 yrs ! or just sit there rubbing their hands about all the lovely salaries they have received over the years
They really should hang their heads in shame as it’s woeful and must be highly embarrassing
They will forever point fingers at each other to lay blame and never bare or shoulder responsibility
Just down to the new team now to see what they can salvage
I've already had the long wait for not very much Novice......
Good morning padmaster.
Just an observation old mate. Have you noticed how many posters are now questioning the competence of mather and the way he has run the company. Would of been unheard of a few months ago. It's like kalbari has taken on many more aliases.
Just wondering what your take is on this surge in
Mather bashing.
Hope the weather's good
No wish to be pedantic novice. But according to simply wall street journal, the sp is down 46% on the year. Not the 39% you mention.
Also interestingly you will note, we've lost a third more value per share than last year.
What do you put that down to. Anyone who can, please explain
Stock is down 46% over the past year.
The company is forecast to post a net loss per share of US$0.0095 next year compared to a net loss per share of US$0.00069 last year.
“Anyone who can, please explain”
Easy as 1,2,3.
Inflation:
Costs up!
Losses up!
SP down!
Simples!
Even Aleksandr Orlov the Russian meetkat knew.
Thanks Carl. Thank goodness for that.
There was me thinking it was the way the company was run, and the world losing interest.
All good then mate.
Hi needless, do you get more for working on a Saturday and Sunday ?
As I am not sure how many more times you can reiterate the same message with out it becoming too obvious ?
Carl funny thing is, I was just thinking. None of my other shares have dropped 45%. Weird that. I wonder why those things you mentioned haven't effected them. Perhaps you can give a simples to that conundrum
Novice for someone who screams, report disruptive posters every day of your life. You my friend have caused more disruption than I ever could, on every board your on, by your daily child like bickering, with all and sundrie. Your record is there for all to see. Not to mention your support for putin. I can assure you I have no desire to engage with your manchild personality, and will gladly leave you to your emoji and one liners.
"down to the new team to see if they can salvage"? DC rationalizing the PFS still resulted in high 20s...
Bob and his bat have inflicted some damage, but it's not on the majors, it's on you and me. The moment his reckless rhetoric left us lame, we gave up any fight we had. Imagine the majors are now wondering if they can get the concession cheap from a new government in a year or two. Shame- the geologists have done well here, but subsequent lack of a coherent direction from multiple managers means solg don't feel like the ones to make cash from the resources at cascabel, by any route. The rampers love to say 'the minerals are still in the ground' but that's increasingly looking like the problem. They will stay there until solg get off the pot.
2 luke. The report you posted states lasoo said he will govern in purgotry for 6 months.
There in lays the problem. Election early 2024, coinciding with cash raise. Bearing in mind south American elections, disruption, civil unrest etc, smack in the middle of trying to raise cash, for a lame company. I wonder who can put a positive spin on that
I thought so needless life, thanks for confirming in a roundabout way, Have a crap life, hope you manage to get a proper job one day ... Au revoir as they say or not ?
I don't see it as all bad. Conaie and Correa's supporters have so far held off calling for street protests (which always turn into riots). If Lasso does not run for reelection, and his opponents feel that they're better served preparing for the elections in 6 months instead, that's plenty of time for the FTA to be ratified, and maybe even the exploitation agreement signed, which are the necessary green lights. Of course sentiment on the streets will likely determine what all of them decide to do.
Only a fool wishes another a crap life.
Anyone with a decent life doesn't wish anyone a bad one..
Needalife - you do post a lot. Of course that’s entirely your perogative and you can do what ever you like. I was pondering though - for one who is clearly so downbeat and negative on the company why spend quite as much time as you do posting, sometimes 5 or 6 times again - it’s a genuine question
I do actually think you raise some interesting points and I’m also pretty down on the company myself at the moment but I just don’t get the value in the constant messaging
I’m all for a balanced board, differing opinions and I certainly don’t sit in the all is rosey camp - far from it.
Maybe if you’re hurting and underwater email Scott Caldwell - scaldwell@solg.au.com (I think it is) or maybe Mather - must be a way to get to him. It strikes me they don’t have too much else going on so should be able to respond - I think Caldwell is meant to be heading up IR
Im not in the camp that Cascabel will be taken off SOLG and given away by any new govt to a major on the cheap - that would surely be future outside investment suicide
Timing of Lasso’s move was not ideal but we didn’t seem to be going anywhere fast anyway - I mean waiting for this exploitation license is not a new thing - Ecuador is a bit of a mess for sure right now but over the years it often is. New mines were permitted / constructed and produced under previous left wing govts so it’s not likely that the industry would just stop whomever gets in next.
It’s a challenging time for sure - maybe the politics will force our hand to accept a lower bid sooner or maybe there is no bid at all coming - none of it is terminal though
Anyway all the best
Who rattled your cage tiny ??? just cant resist it can you Lolzzz!
Rent free Saturday lolzzz
Have a crap life Tiny, another LSE employee here and selected other BB simply to generate posts
Explains why you're broke novice.
GLA
Dg1. Off course your right in what you say regarding my obsessive posting. The only defence I have, if it is a defence. Is that when I got to the point of feeling the need to challenge some of the utter rubbish posted on here, I was met with a deluge of mass hysteria. I was, accused of being many many other aliases, I was an imposter, infesters, Blackrock stooge, paid by lse to increase posts, illiterate, The list is endless. So me being me, I decided to prove they're point. And that my friend is were I'm at. But dgi, I wish you well with your investment.
Dg1, you may want to look back earlier today to novices latest post to see my point
Once again, who rattled your cage tiny, who's even mentioned you ? #rentfree in your 😓
Move along now nothing to concern yourself with here, unless you're going to buy another 100k worth of stock lolzzz