Member Info for mattlilly

Pactrol...the solution is green hydrogen...byproduct water...

Can already be mixed with methane to run in domestic boilers...

Small green hydrogen powered charging points

Buses already running on green hydrogen...

SDY going onto partnership with AFC to build small generators...

Once upon a time wind power was prohibitively expensive, now it is a sgtaple and one of the cheapest...

Green hydrogen is the future...plus nuclear fusion...

But you still have the problem of finite lithium, copper, cobalt, nickel and especially REMs...

PS every soldered joint has tin in it...DYOR...

China consumes 55% of the world's copper

"China consumes more than half of the world's refined copper, and demand usually peaks during the September-October autumn months as the property and manufacturing sectors ramp up."

"While futures prices in London and Shanghai have fallen to multi-week lows, some investors have been building long positions, based on LME data, in anticipation that prices will turn higher in coming months because China's inventories are so low, and on hopes the Chinese government will roll out more aggressive economic stimulus measures.

The total net long position in LME copper rose to 9,488 contracts on Aug. 11, the highest since Feb. 10, data provided in the Commitments of Traders Report showed."

https://www.reuters.com/markets/commodities/chinas-low-copper-inventory-data-belie-sufficient-supply-2023-08-17/

China positioning itself to dominate world’s copper supply

https://news.rice.edu/news/2021/china-positioning-itself-dominate-worlds-copper-supply

Frankly thats just an opinion SM...

I'm on a Twitter feed where a chartist much cleverer than you has established a correlation between the two...

But just for starters, look at the attached chart:

https://finance.yahoo.com/quote/GDX/chart?p=GDX#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

Oh and CAML 10.73%...

And I think there are a couple of extraneous factors...

Copper and especially gold stocks are badly beaten down...and we have previously established that there is a correlation between the Gold price and SOLG SP...

And...London as a market is going down the tubes...you can buy RIO on a historic yield of 10.56 and BHP 9.97%...

Doesn't that suggest that the sector itself is undervalued by at least 50%...?

If its not economical to mine Alpala then its certainly not economical to mine Oyu Tolguei...or the ocean beds...or the surface of the moon...

The SP is on its backside because of the political uncertainty plus the global media coverage of the violence.

However, major miners and oil companies operate in many unsafe or uncertain environments, e.g. Nigeria, DRC and until now much of South America was less secure and with a worse fiscal regime...

Having said that, the present situation is a Godsend for prospective buyers...

(Fast and smart Bob...?)

The vast majoriyu of todays trades are accounted for in just six bargains, including my two...

Interesting...

This is how you do it...

MAG Silver/Fresnillo have built a decline down to the ore with a conveyor belt and crushing plant underground...

https://www.streetwisereports.com/article/2019/04/11/analyst-mags-jv-silver-mine-will-be-one-of-the-highest-margin-precious-metal-projects-globally.html

"Another takeaway is the Juanicipio mine construction is "progressing well," wrote Gray, with more than 18.5 kilometers (18.5 km) of underground development..."

Cant believe this price...bought back another 253k...

Congratulations guys for gthe well behaved board.

Totally agree the comments on the website, but, whatever the circumstances, the communication has been indefensible, especially despite promises.

Sids Law that the assassination came just as there was strength in other metals stocks.

Unless you need to sell (and you should never put yourself at risk like that), I am unowrried about the SP.

As with my own experience as a quoted GFD...when the shares are tightly held and there is little liquidity, the shares will continually drift without either meaningful news or specific buying interest, such as Jiangxi buying more.

So patience needed, but whats new...?

"Smart and Fast..." Bob?

That was last October after the shares had goe from 13+ to 17p...

The only reassurance is that these guys are hurting far more than we are...especially Nick...

The Board seems a much better place. Thanks.

Well said Arapaho...stick around...and thanks for the kind words (blushes...)

Thanks BPHIL. Good find.

This BB has become a total joke, populated by timewasters because people cant resist an argument about anything not to do with SOLG and wont use the filter button...

As a result of which self serving idiots like Quady have a platform for their tosh...

I know the Board will quieten down after this post as people rein in their urge for self publicity, but within days well be back to the same wall to wall carp...

Will the adults in the room please stand up.

DBW posts useful stuff as do a couple of others but while theres nothing going on and nothing to say, please exercise some self discipline...

Sent from Nuuk...

What's the point?

His last two efforts have been a complete waste of time....

Happy to take questions from investors and then ducks them...

I think I preferred Nick's dull delivery and hysterical optimism...

No new website, but that will probably be a cosmetic makeover...

Meanwhile thanks Fort for returning us to SOLG...the climate debate us much more suited to AFC or CWR boards...

If you dont think a low bid would start a bidding war frog, you are surely not taking account of the sheer scale of the Alpala prospect in terms of its strategic value to the world...

I cited RIOs dogged determination with Oyu Tolguei yesterday and the Voiseys Bay example is also relevant, let alone the smaller Noront project.

But ask yourself why BHP still have 10%, NCM kept theirs, Jiangxi bought an initial stake through Valuestone, dramatically increased it last October and have continued to build and finally why Mitsui publicly declared they wanted a piece of Cascabel...

And why CGP have thrown their lot in at c$4.10 a share equivalent having aggressively repudiated Nick's 2 previous bids, citing share values of $12.50 and even $20.... Clearly they see even more value here...

I say again that because of continuing disapointment/frustration people are airing those views through increasingly dismal predictions of the final takeout price for SOLG.

But they arent thinking through that those dismal posts are probably deterring new buyers and even causing existing holders to contemplate selling...

And guess who will be on the other side buying...?

So I predict that this will kick off either with a starter from Jangxi at 40/50p or with Newmont selling the NCM stake well above the current price.

I dont do blind optimism but I have learned a very long time ago that mining prospects take much longer than expected to come to fruition. It enabled me to buy ATYM at rock bottom and make a lot of money. We're already massively into profit from previous double bubbles in SOLG and I expect to make even more money when this comes to its final curtain....

GLA

"Doesn't a lower offer have more chance of attracting competition?"

Is that how you think takeovers work Bozi...?

Surely SOLG would only 'offer' themselves if they were in dire straits...?

And ni way would Nick or the CGP people countenance 28/35p...

In the case of Norint, Wyloo offered to acquire the shares they didn't have, for 31.5c (when the price was 24c)...BHP countered 55c Wyloo 70c, BHP 75c and then Wykol came back with a knockout 110c...a 360%premium to the Noront original SP and a 250% premium to Wyloos own original starting price...

Conclusion?

31.5c was derisory; BHP swiftly countered and a bidding war ensued in little over 4 months.

SOLG will not offer themselves to anyone, especially not at 28/35p...it would go against everything Nick has stood for.

Anyone offering less than 40/50p is courting a bidding war

Alpala will be the largest silver mine, 3rd largest gold mine and 6th largest copper mine on the planet.

Anyone making a derisory offer is inviting a raft if major players in...

After all, despite all the massive setbacks, RIO has stuck it out with Oyu Tolguei in remote Mongolua with challenging mining conditions, a rapacious Mongolian government and it's a more complex block cave than Alpala to boot.

Plus...a successful bidder gets Porvenir and 10/12 sext projects to boot with a material footprint in what will be a burgeoning Ecuadoruan mining industry at a time when copper could be heading back towards $5/lb and gold $3,000...

Best wishes

Sorry Bozi...cant agree...28p would be derisory and start a bidding war...

The first bid for Noront was 75c... (cf 23c)

I had a season ticket for 11 years until Mourinho and Pogba drove me away...

Must sign Hojlund, Kuani or Osimhen...

If the Glazers dont sell there will be riots...if we dont buy a credible CF the SP will crash...unless Jassim buys it...Ratcliffe and the Gazers joint owning is an even worse option.

Cheers Slug.