Member Info for Dreamboatwarrior

Talking now

Darren exactly
Keep the faith

He exited a few days ago
Anyone investing in these stocks now deserves everything they get

After a slow start I'm expecting another solid day here

30.25

Rich always enjoyed your posts mate

It’s fairly obvious to me that certain posters are conspicuous by their absence on days like this …. Just my own thoughts

Agreed Rich but he probably kept main holding and is always honest

Wow 30.25

Even Darryl pointed out the potential limitations

Colonel I seem to remember there was going to be an update on the PFS prior to its release?

Lunch, nail on the head
“ Removing regionals from the corporate presentation raised obvious questions”
Exactly the point and some of us thought the questions were worth asking …., I’m also perfectly happy with the answers, think Darryl is doing exactly the right thing, stepping back, taking stock and prioritising the PFS .
For the third interview running he has referred to Porvenir as the next cab off the rank
I’m confident this approach will quickly be reflected in a much healthier share price in the near term as the market starts to take us more seriously

Bozi
I had two questions answered
“Investors love wasting these question opportunities”
What was your question?

Great Q2 in mine

For those who haven’t seen it

https://www.proactiveinvestors.co.uk/companies/amp/news/975150

Add…. “ To my simple mind this seems a blindingly obvious way to realise some serious shareholder value whilst simultaneously leaving us with skin in the game for further upside”
And to Darryl I suspect

Link for next week

https://bmo.qumucloud.com/view/2022-gmm-solgold

Oops …. Spot on

Pretty spit on Add ….. he was very assured and very confident of delivering a robust PFS on time ….. Porvenir still the “next cab off the rank”

“For years BHP has focused on investing in safe and stable countries such as Australia, Chile and Canada. But faced with the challenge of supplying the metals and minerals that will be needed in the shift to the low-carbon economy, the world’s biggest mining company is starting to take on more risk.

It has already taken a stake in SolGold, a London-listed explorer seeking to develop a huge underground copper deposit in Ecuador and last month threw its considerable weight behind a huge nickel project in a remote part of Tanzania as part of a strategy to “capture opportunities in future-facing commodities”.

BHP is not the only big miner looking to increase exposure to the metals needed for a huge increase in electrification. Just before Christmas, arch rival Rio Tinto announced its first major acquisition in decade, paying $825mn for a lithium project in Argentina, which has a floundering economy beset by surging inflation.

What these deals have in common is a realisation that the shift to a low-carbon economy will lead to increased demand for metals at the same time as long-term supply growth is constrained by a sparse project pipeline, rising opposition to mining both at a local and national level and geology, as companies tackle ever more difficult sites.

Miners have four key decarbonisation metals in focus: lithium, nickel and cobalt, which are all key raw materials for rechargeable batteries, and copper, the mainstay of electrical circuits for over a century, which is needed to help build the infrastructure of a new electrically powered age.

“As more events get attributed to climate change, the urgency of switching to electric vehicles and renewable energy can only escalate,” says Darryl Cuzzubbo, the former BHP executive who is now running SolGold. “At the same time there are less and less mines being identified.”

For investors, the key issue is to examine the markets for these raw materials to see whether the current price rises will be shortlived or evidence of a new supercycle — a prolonged period of structurally higher raw material prices as demand outstrips supply — creating outsized investment opportunities”

Article continues….