If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
I may be wrong but I don't think tomorrow's interview will tell us anything we don't already know. I think he'll say the focus is on Disko and divestment of assets. Personally I don't think he'll add anything to that and I don't expect KoBold to say anything until March but hopefully I'll be surprised.
Commitment from local stakeholders and government officials 'outstanding' and revised PFS due with 'lower capital costs' , not long to wait for this to turn positive imo.
Ashton the problem is they've already completely totalled the SP with announcing a new strategy of a single focus on Disko. If they were to pivot AGAIN stating Dundas is viable after all. The very first thing they should do is make their bloody minds up!
ToS never meant to imply we'd become a miner and it's not something I'd ever want us to be. I was just trying to highlight whether you think its gold, silver or copper that's the greatest asset, its all there, and on large Tier 1 scale. Hopefully enough for a major to eventually take it off our hands for a large amount of money. Fully agree its a speculative investment, high risk high reward.
1984 I would respectfully disagree with you. You only have to look at all the new car models being released this year and vast majority are electric. That being said, the exciting thing here is its a gold, silver and copper play.
Ashton FYI RM will be doing his interview either next week or shortly after.
Done lol
jesus, how do you form an opinion? from research you imbecile. just because i haven't been posting doesn't mean i haven't been in and out of solg for many years, not that it's any of your ******* business.
Gino the reason people say the revised PFS will be the 14th Feb at latest is that Scott has said it's expected to come out 'early Q1'
Stack fair point, investing is all about opinions and how the individual reads things.
Mog many thanks. I'll be very surprised if SOLG doesn't end blue today, and most days going forward. However, be nice to have the focus (and headers) on SOLG moving forward.
Following the recent discussion and joining the dots, Scott's recent statement 'SOLG are in the best position they've ever been in' is most likely because (probably because for the first time in many years) the BOD are finally ALL aligned with the same goal, they want either a sale of the asset or and the company, and this is also reinforced by multiple director buys last quarter.
Now the best way to achieve that goal is to deliver a highly attractive PFS (due very soon) that has an entry cost of $1-1.3bn that will attract multiple entities to want to get involved, because that will force the majors to the table and then it's game on. As I've said before, this will be a very interesting quarter and all being well, a highly profitable year.
Orthrncopper with Stackhouse, Caldwell and Twigger purchasing over 1.6m shares between them in Q4 last year, at far higher prices, suggests to me that the Directors believe that they can develop the asset with a lower cost entry. $1-1.3bn would be my guess. We'll soon know either way.
I'm also expecting this to be between 12-16p on the PFS. Once volume returns I see an update trajectory leading up to the strategic review. If Scott us to be believed we should get positive news in the next couple of weeks. Just my opinion.
Fair points Ashton.
Ashton although good questions I would doubt with the exception of question 5 they are in a position to answer them. Question 1 is out of their control, it's up to KoBold. Question 2 I would think its too early for them to answer, which means they wouldn't have an answer to question 3. Question 4 contradicts question 2, as they can't seek a strategic alternative and sell the asset as well. It'll be one or the other but I think you have to give them time to fully develop the née strategy. It'll be great if they do answer all your points but personally I just think it'll be too soon.
Iv, in my experience Bluejay have always responded to shareholders in a timely manner and I think RM will continue in the same manner. He seems open and transparent imo.
Redknight yes that was my honest personal opinion. You avoided, I'm nursing a five figure loss, well done you.
Eloro His comments are indeed subjective, personally I took them as more industry specific. Its been a truly brutal bear market in mining for a good few years, especially for juniors. I think his hope, and obviously ours is that things should pivot towards a very bullish upturn this year, especially with economics likely to recover, inflation likely to continue to fall and interest rates likely to fall.
Ashton, a quick question. Why do Bluejay now refer to Disko as a primary focus rather than the previously stated sole focus? Have they pivoted again on their strategy? If you don't know, no problem.