Member Info for earthling

compared to peers in relation to the examples they gave us a while ago.

getting closer to the resource estimate, with new higher grade results coming through of late.

Certainly does seem likely there will be some tie up with HUM at some point.

by voting no! its that easy.

Would SOLG accept a buy out at 30% premium to current value, of course they wouldn't.

I know its not exactly the same but that how some will see it at CGP.

Porvenir

if he genuinely believes we can be a gold/copper major?

as many thought from NM's comments some time ago, we are hoping Blanca is as expected, a high grade shallow deposit, which will give us the money to kick start Cascabel.

I believe the market just wants to know we are raising the cash to get through this stage of our journey.

Why NM is holding back possibly is anyones guess at this stage, could be tactical re CGP situation, or it could be he is having trouble raising the cash at a decent premium.
Personally I genuinely believe its the former of the two.

My bet is on BHP increasing their stake at a premium to todays SP.

We could see a corporate move from NCM which would be the trigger for more corporate activity but I think its more likely they will wait and see how the MRE3 and Blanca plays out first as if Blanca confirmed it could improve the economics considerably.

None of us know whats going on really or how it will play out, but for some time now I wouldn't want to be out altogether with the potential for corporate news on the horizon.

no, I don't view the silence by Newcrest as negative either, which is what I tried to say.

Its the transition from early exploration to defining and costing the assets, towards production or buy out.

Just where we are at int he mining cycle, it will change and hopefully Newcrest are still keen.

prob as the market knows that a fund raise at a decent premium to current SP would break the down trend.

due by end of year, so 12 weeks max.

if/when a bid does come through those waiting on the sidelines will be out.

in their most recent presentation they have 5 tier 1's they are focusing on and Cascabel wasn't one of them.

They gave us a brief mention but I guess if they were keen on making a bid it wouldn't be good tactics to be saying how good they thought it was at this point , before a bid.

It would make sense with their black caving skills if they took this on, maybe in a JV with BHP.

They emphasised in their presentation the importance of mining costs over every other factor when considering their options about assets. With the potential CAPEX savings we have at Cascabel we should be alright on that front when the costings are confirmed.

If I recall correctly it was a Newcrest member of the board who said "thats a mine right there", after the initial MRE. We have come a long way since then so the resource is almost certainly now an option in their analysis.

Think we just need more patience before it all kicks off, I personally don't think we will take this to production, despite the rumblings from Nm that he wishes to do so.

addict, thats my preferred option also, but it doesn't mean we will get it!

Its more probable IMO that someone will buy SOLG and not just Alpala.

Re dilution

I’m not talking about the imminent fund raise for ongoing running costs

Based on what’s been discussed and put out there by NM, his conditional funding package for production would be more of a loan type set up rather than dilution of shares

Re fund raise for running costs, must be close and if it is at a decent premium to today’s SP we could actually see a rise following it
No body knows for sure, the poster asked for views/ scenarios

the funding for production will prob be separate from ongoing running costs.

A complete conditional funding package for production could well be dilution free.

The raise for ongoing running costs would be best sought from a major, BHP look most likely after the hints from NM. It is likely this would be at a premium to current SP thus boosting the SP from these depressed levels.

All IMHO of course but you did ask.

Copper is a major component in EVs used in electric motors, batteries, inverters, wiring and in charging stations. A pure electric vehicle can contain more than a mile of copper wiring in its stator windings. ... The demand for copper due to electric vehicles is expected to increase by 1,700 kilotons by 2027.

Was very Interesting indeed to see it all in action
The film was taken before the news dropped about slowing down development
Long way to go on that tunnel and hole
Very impressive set up though

Apparently a 23 mile tunnel will be used to transport the fertiliser to port thus avoiding national park on the surface
Only another 22 miles to dig!

an email please to contact company?

nothing substantial or different is being disclosed to share holders, at least thats my experience of recent emails.

The usual generic "there is a lot going on behind the scenes' rhetoric

if news drops I imagine many will get in after the event.

Could be a good day if it goes through.

would be great if a new third major got involved but my bet is defo on BHP increasing their stake, and I think we will get news of this soonish.

Hoping for 30p or above but I think it will be around 25-26p range.

I suggested 26-26p

Others suggested higher