Member Info for Dreamboatwarrior

Right ….. not great
If they expect any support at the AGM after this they must have something special up their sleeves . Otherwise why say PFS delayed , they did have to.
For better or worse I will be buying into any significant drop here ….. GL

Agreed but I don’t think they can wait that long
The weekend’s news alone must be worthy of an RNS

To be fair guys RK never said he was about to sell

Exactly it’s not extra money it’s money we’d need to spend anyway ….. it also protects the money already spent

Clever …. This is money to be spent on employment of Ecuadoreans and environmental issues …. All the things we are doing as a matter of course ….. it shows commitment on both sides and significantly derisks the geopolitical situation for those that have made such a commitment…. Or those looking to buy into the region through these projects.
The significance of what has been agreed will no doubt become much clearer in the next week or two.
Also expecting several other announcements prior to the AGM

Q … you are right …. Many things may have hinged on such a contract….. an indication of commitment on both sides …… very interesting times ahead

I’m not sure they could have made the commitment to the government if they weren’t confident finance was in the bag

The point being that it pretty much derisks the project from a political standpoint and therefore protects out investment to date …… with the added benefit of a ringing endorsement from Lasso

“Reuters. President of Ecuador solemnizes mining investments for about 416 million
Quito, Nov 19 (.) .- The Ecuadorian President, Guillermo Lasso, on Friday solemnized the signing of mining agreements for 470 million dollars (about 416.4 million euros), within the framework of the “Ecuador Open for Business 2021” , a forum that presented a portfolio to attract private resources for 30,000 million.

Lasso, together with his Ministers of Production, Julio José Prado, and of Energy, Juan Carlos Bermeo, signed the investment commitments with the firm “Solgold Ecuador SA”, for the development of an exploration project in and in the Andean province of Imbabura (north).

Said agreement, with a ten-year term, seeks to explore gold and copper in the Cascabel mining concession, with an investment of 430 million dollars.

In addition, a six-year investment contract was signed with the company “Lumina-Odin Mining del Ecuador SA” to carry out a first stage of exploration for gold and copper, in the areas known as Cangrejos, Cangrejos 20, Canarias and Cacique, in the municipality of Santa Rosa, in the coastal province of El Oro, on the border with Peru.

“I thank the investors for their confidence in Ecuador, I congratulate them and wish them many successes,” said the Ecuadorian president after assuring that these investment commitments will generate employment and promote the development of the country.

He said that his is “an investment-friendly government” and that the attraction of capital is the objective of the “Ecuador Open for Business 2021”, lasting two days and which ended this Friday.

To promote an environment conducive to investment, the Ecuadorian president also signed two executive decrees this Friday with which he seeks to attract capital and promote so-called public-private alliances.

One of these decrees establishes the creation of the “National System of Attraction and Facilitation of Investments (Snafi)” and the “Single Window of Investments (VUI)”, with the aim of attracting national and foreign investments and promoting simplification, facilitation and optimization investment processes.

The Vice Minister of Exports and Investments, Lorena Konanz, said on her side that this decree will consolidate Ecuador as a leading country in attracting capital.“

BNC….Great minds and all that lol

Cmon Q no need to be so condescending
Many including myself believe there’s very little chance of us taking this to production….. I have listened to the company are you saying we believe everything they say
New CEO 4-6 weeks
PFS. A year ago
How did that go ?
Can’t we just debate things and accept differing opinions without the cheap shots ?

Have Brooke or WI commented yet?

Everything lining up bubble …, sorry if I sounddd rude but you need to keep eyes on the prize
Still selling at 30p?

Think it’s more likely at some point we’ll get an offer we can’t refuse but the price just went up
Either way it’s looking very good GL

Copperpot indeed ….. and that’s just based on cascabel…..

Sounds like it protects our investment to date
“ The event is part of a broader push by Ecuador over recent months to attract investment including, among other things, returning to ICSID, pursuing new treaties, and strengthening its domestic investment protection framework.

During 2021, Ecuador has continued to give signs of a possible return to a more robust investment protection framework following years of turbulence. As the authors have discussed in diverse publications over time, Ecuador's steps at the international and national level may represent the latest swing of the pendulum for investment protection in Latin America.”

Pad …. Good to see you back

Think the board just secured a few more votes
Great work going on behind the scenes …. This has Ingo’s prints all over it

Just hope this is for real
Whoever did the translation on lse says this document allows us to sign a formal
Agreement in the next few days

Wow Sire
Need to read further but clear the company ( Nick ) have had something up their sleeve for a while …. CGP know this too