Member Info for JG1964

One thing the last 8 or 9 months has taught me is that no one cannot predict the next rns or next action of Solg. So everyone step back and take it easy with each other The Solg BOD look very competent and let them play things out so be all prosper.

May Solg give everyone the exit price they want or be a shareholder of a future Titan.

https://event.webinarjam.com/replay/447/l9zz6u2lfo3bwwt177n

If anyone interested - very heavy going - Maria of Solg participated - enjoy

Zoros you forgot to include the dividend payments and share buybacks in your timelines. :)

7 odd years to production in line with how long it would take me to walk a marathon distance.

Sounded very positive and appears funding would be there - onwards and upwards

https://youtu.be/3WWfDutRsDU

Solg 1hr40mins mark

BHP president of minerals for the Americas, Ragnar Udd has laid out why he is so bullish on the copper industry at the moment.

He said "A great example is electric vehicles. Policy signposts for rapid electric vehicle (EV) adoption were distinctly favourable over the last (12) months and we have revised our internal EV penetration forecasts upwards,". He added, "These vehicles use four times as much copper as petrol-based cars, and they will also need more infrastructure to connect charging stations to the grid.".

Udd stated that BHP expected the world's Paris-aligned emissions reduction targets to more than double the demand for copper and quadruple for nickel over the next 30 years. "The commodities we produce are the building blocks of the modern world. And they always have been," Udd said.

In regards to demand "Everything from railroads to bridges, aeroplanes to batteries, and mobile phones to medical instruments require the resources that we produce. The simple truth is that we cannot build a better world without a reliable supply of these natural resources.".

BHP had invested about $US11 billion ($14.39 billion) in Chile alone, the world largest copper-producing nation. The Escondida mine is 57.5% BHP-owned and produced 1.19 million tonnes of copper in 2020.

By Rajan Dhall
For Kitco News

https://www.kitco.com/news/2021-04-14/Mining-giant-BHP-s-Udd-speaks-about-the-bull-run-in-copper.html

As we find out that some articles we brush off quickly, we later find out to have an element of truth. We are not always kept well informed by the company. Worth bearing this out and not instantly dismissing. Solg need to tread carefully to not end up villains. Hopefully everyone will benefit ie shareholders and Ecudorians, with Solg becoming a well regarded employer and payer of taxes.

My guess for next rns - NM has left the building in his white Elvis suit singing Love Me Tender

Btw -the winner gets my vote to be next CEO of Solg as they know more the the current Board

Well said Copperpot - between us no one has got a clue what the next step the company will take or specific details of the next rns -so a challenge to see who knows most amongst the bickering children - let us know what the next rns will be about and which specific licenses and we can then find out which one of you is the real expert on Solg and has bragging rights -anything less than 90% accuracy is void

https://www.mining.com/web/the-world-will-need-10-million-tonnes-more-copper-to-meet-demand/

https://www.mining.com/colombia-ecuador-peru-snapshot-companies-with-properties-to-watch/

Agreed DBW - BOD represent all shareholders not just BHP and Newcrest and maximise shareholder return for all. If either do not like it they can sell up, as I am sure someone else would buy their shareholding off them.

Solg is like London buses, nothing for ages then some communication or rns - watching the paint dry awaiting next rns -anyone got 5 litres of paint I can watch just in case I run out of current pot. Thank god for Quady, RK1, DBW for keeping the board lively. Yes, no rns means BOD have nothing to report. Back to the painting.

Not sure the discontent was across all shareholders - the voting seemed to imply only Newcrest, BHP and Cornerstone voted against NM. It appeared nearly everyone else who voted for him. Maybe that would be different today. I colud be wrong.

Cash position seems a lot better than most feared ie a cash raise in next few months. I've been quite negative recently but feel happier today than last Friday. Let's give the new BOD a few months and judge them after that. Hopefully, they will organise a webinair in the near future, where they can be questioned or interrogated, depending on your stance.

BTBanker - explain your comments to your message at 13.52 - why would we be heavily diluted etc

Looks like lockdown impacted the contributors on this board or is that just a red herring

Thanks RR1 - should have said RR rather than Bugatti.