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I'm constantly amazed at the number of posters on here regularly complaining about other peoples posts. If you find them so offensive then Filter them, problem solved. Or is it that you don't want to miss out on an opportunity to 'virtue signal' for yourself. You guys must have a really clever bathroom mirror that can make you seem credible in a morning. Be careful guys, overuse can damage your wrist!
I feel privileged to read your posts as a spokesman for the people of Ecuador Shippy, or not if I were to tell the truth.
You've nailed your colours to the mast previously regarding your distaste for Slugger but to post suggesting that the Ecuadorians will disadvantage SOLG because of his posts is more than just ridiculous. Seems more like you haven't a credible response to his theories. You must try harder.
If Fortescue were to try diversifying in the direction of Ecuador, I doubt if the local tree-huggers would take it lying down. Fortescue have history when it comes to dealing with the natives down under!
https://www.australianbookreview.com.au/abr-online/current-issue/969-november-2021-no-437/8491-stephen-bennetts-reviews-title-fight-how-the-yindjibarndi-battled-and-defeated-a-mining-giant-by-paul-cleary
https://www.ashurst.com/en/news-and-insights/insights/high-court-dismisses-fmgs-special-leave-application-in-yindjibarndi-proceedings
Those two links courtesy of goldgnome on CEY bb, based in Oz, always worth a read for info and humour!
PS - look at the size of that train at the top of the second article. I mining, size often does matter!
mog999 - 'Darryl on a visit to Cascabel'. Looks more like me and my mate on a visit to Kew Gardens last year!
If it really is them, I wonder if they're sending a message that they're being prevented from saying anything whatsoever!
This argument concerning buybacks has been running on here for many years with LTI stonewalling it all along. I view the issue as one of LBG having a series of mini 'rights issues' and then using the cash to buy back the shares issued. So rather than objectors to said scheme going round in circles, isn't it LBG who are doing so and incurring unnecessary applicable overhead costs all the while!
LBG obviously see some PR benefit in this as they dress it up as 'returning cash to investors' (a philosophical point) but as any reader of this BB can see, many investors don't feel they enjoy any benefit whatsoever. Perhaps LBG should bring the farce to an end and for the sake of transparency, stop issuing additional shares to staff and pay them any bonuses etc. out of cash and then return cash to investors by way of dividend. LBG may take a PR hit when journalists pick up on such bonuses being paid (they most certainly would if mortgage costs increase again - what comes round goes round!) but wouldn't that help concentrate the minds of LBG's Board and eradicate this contentious issue for PIs?
Aoc71 - Gino and vino - you're a poet and I'm sure you know it!
I'm up to speed on your lagers mate - one of the best jokes of all time was to invent Fosters, get the world to drink it, making zillions for yourselves, while you lot wouldn't go near it coz you know it's VB that's already been drunk once!!! Good to see you have that Oz sense of humour - bonzer!
Aoc71 - If your preferred response to a perceived Oz bashing - it wasn't, CD referred to Oz's Government - was some pom bashing, I would have thought you would have picked up on the misspelling of your country, or are you as illiterate as Aussies are often perceived to be? Maybe you really just couldn't give a xxxx? (that's a Four X for those who can't remember the 80s!)
DaKat 01:52 -'Alright new CEO let some of the drill results be released or perhaps announcement of JV partner'
I note that Google Finance show the SOLG CEO as being Nicholas Mather!
The truth is out there somewhere!
Stukey - 08:36. The $500m is an estimate of CGP's 15% total share of development costs of Cascabel post PFS which are to be paid as and when incurred and if not paid, SOLG recoup the money through dilution of CGP's 15% interest down to 10% at which point it will be converted to a 0.5% NSR which SOLG can purchase for $3.5m.
CGP's share of the costs up to PFS are rolled up including interest at LIBOR plus 2% and are repayable from earnings or dividends from ENSA. Such costs are only repayable if there is a DFS and development at Cascabel and as such CGP do not have a provision for such costs in their accounts, reasoning that the PFS and development is still 'uncertain.' (CGP's accounts only refer to PFS not DFS)
happyharry:- I've been itching to say this for some time, so while I'm waiting for noon to arrive and I can go to the pub and back before darkness descends and the undead walk the streets -
'would have' - you remember some of your lessons from school.
'would of' - you spend too much time on social media.
Can't be done with this faux bonhomie to all 'persons' myself!
At a pub near me, the last landlady had a string of humbugs around the bar throughout December, no xmas music and anyone wearing a xmas jumper or the like had to buy whoever served them a drink! Used to be a proper pub, but she retired to Portugal.
Back under the parapet for me until the yuck that is new year (I'm a yule man myself - Pagan don't you know!) is over.
Do have hopes for January though! (J'ai quand meme des espoirs pour Janvier!)
In an important lecture at the Institute for Fiscal Studies earlier last year, the former cabinet secretary Sir Gus O’Donnell made this crucial point: ‘All the attention was focussed on Sage as a group of scientists providing expert advice to allow ministers to say they were ‘‘following the science’’... I hope we discover that there was a higher committee that gratefully received Sage’s work and then brought it together with the economic and social estimates to allow for sensible decision-making.’
Then just last week - ‘Presumably others are modelling the harms caused by restrictions, including economic harms,’ said Professor Graham Medley, chairman of the Sage modelling committee.
This is why today’s cabinet meeting matters. If there is no such committee, then the cabinet is the only forum to sense-check the Sage estimates and to demand a wider impact assessment. Or point out that, until a full impact report is commissioned, ‘sensible decision-making’ will not be possible.
All the above from today's Spectator.
Looks like we're rogered (for want of a more suitable expletive) then!