Member Info for Damers

well gina's got a lot of cash to invest.......

from mining journal today:

'gina rinehart's han**** prospecting has reported a bumper profit of a$5.6 billion for the 2024 financial year, an increase of around 10% from the year prior. han****'s revenue was almost $15 billion, the second highest in the company's history, below fy21's $16.6 billion. the company has claimed the title of australia's largest-ever private company. australia's richest person's wealth primarily flowed from her investments in roy hill iron, atlas iron, and its interest in rio tinto's hope downs operation, which shipped a gross 96 million tonnes of ore during the year.'

Pbow - your input is very much appreciated by the silent majority. Keep posting....

'The Agreement includes a staged buyback option upon a change of control transaction, which provides the option to reduce the gold stream by 50% within three years of the closing date of the Agreement and 33.33% thereafter until the fifth anniversary of the closing date of the Agreement'

The incentive for a major is to take over within 3 (long painful!) years....

Apologies - metoooo previously posted.........

Three industrial-scale mines in Ecuador and the country's twelve most advanced mining projects could generate some US$218,000 million in exports by 2057, double the current GDP, and make it a relevant global supplier of minerals, according to a recent study by the Guayaquil consulting firm Grupo Spurrier.

Favorable court rulings for the activity and progress in various projects encourage the expectation of turning Ecuador into an important player in the mining market.

However, mining companies operating in the Andean country have to face a series of challenges, including the delay in procedures, which in some cases can last years; social conflicts generated especially by those who oppose mining activity; and the problems caused by illegal mining, which is gaining ground not only in Ecuador but in many parts of Latin America.

Ecuador's Ministry of Environment is working on a series of policies and regulations to streamline procedures and eliminate the discretion of officials who have to issue reports and licenses for the mining sector.

"We seek to make processes more efficient, because, if technology is improved, but not processes, nothing has been gained," said the Minister of Environment, Inés Manzano, during the Ecuador-Canada Environmental Dialogue workshop, organized by the Ecuadorian-Canadian Chamber of Commerce.

Ecuador has only two industrial mines in production: the Mirador copper mine and the Fruta del Norte gold mine. However, its geological wealth and the series of projects that could come into production in the next decade and others in different stages of exploration open expectations of turning the South American country into an important supplier of essential minerals for the energy transition.

I am perplexed - no mention of the 600k trees planted to date by Solgold in the region?

P.S. no bid coming before the IPA - due Q4 this year.

Merely quoting one of your own. Perhaps lost in translation.

“Aim not for what you are (30p), but for what you could become (70p+).” – Leonardo da Vinci

Find a way to get the drills tuning @ Blanca-Nieves and all will be well in our world.

PS. nice to see Hezbollah,bla, bla getting a good pummelling.

Https://polaris.brighterir.com/public/solgold/news/rns/story/xl4v57r

BBG. I suggest you refer to Addicknt's post @ 06.13 which is on the money.

.5 - good news.

Plenty to look forward to with Solg Adieu. No blockers to 15p ;-).

ATB.

Damers.

BBG - stop talking crap.

Pbow - your insight is very much appreciated.

BSR - is a *once.

Small steps......

Https://www.youtube.com/watch?v=pUjE7CqZb7U

Just say sorry - your better than this BSR.

Although we are a broad church of ideas and philosophies we are both welcoming & forgiving.

It will be such a weight of your over-burdened shoulders.

Https://www.youtube.com/watch?v=9OmJeSfyrwI

Https://www.youtube.com/watch?v=c3nScN89Klo

“I will forgive their wickedness and will remember their sins no more” (Jeremiah 31:34).