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All the financial markets are down as of 3:30, recession and it’s going to get worse so what do you expect?
Gas is up lol
Bozi,
That is for a 26 year life of mine reduced by Solgold as instructed by????
Does make you wonder when life of mine was 55 years plus, anyway enough for today as some tools have turned up to ruin the board
Atb
Bozi,
Good post and yes they want it for a dime
Atb
Giro,
It’s a bit early to be p:ssed isn’t it?
Atb
Sharketmare
You go by AFR, I will go by the company RNS’s and what the CEO says.
Like I said, BHP play games and have a lot of clout, so how would you undermine the company you want, my thoughts with head out of the sand.
Anyway, I’m not changing my mind, I will stick with the news from Solgold
Atb
Jezzoo
Is that what you believe? Then you must have sold up but not moved on have you, see what I mean by posters posting this sort of tosh
Atb
Sharketmare,
You’re relying on the Berry Street rubbish, who are they? what are they? Investors who wanted a quick turn around and it didn’t happen, bitter little company.
Remember BHP play games and are probably still at it, too big for their boots and it will back fire one day.
Atb
Sharketmare,
They may have asked two banks to look at a fund raise, but as I said, they withdrew after discussions with major share holders
Atb
Sharketmare,
Where’s your proof, not hearsay
Atb
Sean hunter,
I’m with Quady here, there was no failed fund raise, read the RNS dated 28th July, bottom of news reads, had DISCUSSIONS with MAJOR share holders and other options.
Read what is written not what rubbish gets posted here, so many keep posting their unsubstantiated thoughts without any real news, just typical little tittle tattle.
Darryl has even been quoted in the media indicating that we evaluated a potential raise but did not go ahead with this.
So you believe what you and others want, I will stick with what is written by the company.
In addition to the cash position of approximately US$26m as at 30 June 2022, SolGold continues to consider, and has had discussions with its major shareholders regarding possible financing structures and options to obtain funding to further progress the Cascabel development, including a potential equity raise. SolGold also continues to assess potential alternative funding structures which may involve strategic investors. The funds raised would be allocated to financing the completion of the Cascabel DFS, regional exploration and general corporate purposes through to the second half of 2023 to maintain momentum on development plans.
Atb
They couldn’t resist at that price, good luck to them
You’re going nowhere with this so called debate, certain posters have fixed views, it’s their choice, but surely relevant posts about Ecuador and Solgold earlier are more interesting?
Atb
Ha ha egg on face, forgot the two in Canada, little bit away from home base.
Orthern,
Yep they look like they are going to stay close to home and Indonesia area’s
I forgot to add, so the purchase of Solgold shares was just an investment to sell for later on imo
Atb
Well NCM don’t want anymore shares, they are waiting to sell to whoever, as the statement they made regarding getting out of the Americas and staying closer to home.
Old news but pertinent
https://www.bnamericas.com/en/news/Newcrest_to_Phase_Out_of_the_Americas
Just a update, not seen it posted here before now
https://www.miningstockeducation.com/2022/08/cornerstone-corrects-news-release-22-19-newcrest-withdraws-from-option-and-farm-in-agreement-for-the-miocene-project-in-chile/
Sowing the seeds of doubt, then they pounce when all most all have given up hope, in the palm of the hand and people eating from it
Solid reputable news or a RNS, not tittle tattle from our resident story tellers, facts people are what you should respond too imo of course
Atb
Orthern,
Cheers for that info
One paragraph made me smile, it says it all how BHP like to play it, looking for weaknesses and looking innocent themselves lol.
BHP has pointedly raised doubt over how OZ will manage to fund that suite of growth projects, putting the spectre of a dilutive equity raising into OZ shareholders’ minds and suggesting its huge financial firepower could solve the funding challenge if the $25 per share offer were accepted.
Atb
mog999,
Nice read, cheers