Member Info for mattlilly

BHPs priorities from their 2020 Results presentation...

"Decarbonisation, electrification, diet, land use and population trends will all drive higher demand for copper, nickel and potash in the medium to longer-term. We are therefore looking to grow in these future-facing commodities.

"In copper, we have a world-class, expandable resource base.
We’ve added to our options through partnering with junior companies in Canada, Mexico and Ecuador.

"And we will grow in those commodities with the most positive long-term demand, and which offer fundamental, greatest upside.

"We generated US$15.7 billion of net operating cash flow. For the 10th time in 11 years, this was in excess of US$15 billion.

(Copper) "Securingmoreresourcesthrough exploration and early stage entry options

"we want more growth options, and we particularly want more growth options in future-facing commodities... copper and nickel, and so on. but we'll also look to secure more resources through exploration, early stage entry, and whilst M&A isn't our first focus, if the right opportunities arise in the right commodities for great assets, where we can secure them at a good price, of course, it's incumbent on us to consider those, as well.

"we will be open to opportunities in copper and nickel. If the right assets came up at the right price, of course we would explore those.

Enjoy...

Just to clarify:

"Would be good if going forward we didn't simply parrot the same opinions over and over but instead we respond to RNSs and articles as appropriate and respect each others views?"

Hi Quady

I think it is to both our credit how are engagement has matured after the early stumbles...

I respect you as much as anyone on this BB, even though you come across as completely inflexible at times...

I guess like me you are fed up with the unpleasant arguments that often go on here...for myself I also just flick through a lot of the tedium that frankly adds nothing...

I think those of us who are at the 'core' here, know and understand each other's positions.

Would be good if going forward we didn't simply parrot the same opinions over and over, respond to RNSs and articles as appropriate and respected each others views?

I have found that the filter function works very well, especially so that I don't have to read bigotry, for example.

Respect mate and to the other who know who they are, without me naming them...

It's about DNA Quady....SOLG have zero experience of building any mine anywhere...and OK you can hire people in, but SOLG is still a small mining company if you discount the Ecuadorian job creation scheme...look how small the Board was until a few months ago...their astonishing ineptitude in bringing in 20th century governance 15 years late...

It would be to your credit if you acknowledge you were wrong about BHP and NCMs block caving experience...

Boris Johnson has bought in £22billion of COVID 'experts' and look what has happened...

It's very simple addict...he is absolutely certain he is never wrong...he has a singular opinion from which he will never be deflected...he Marshall's all his arguments to support it and creates his own reality....

Now who does that remind me of...?

Quady you're a very knowledgeable man, but I had a brother like you, who would argue black was white and never conceded...he also never apologised because he was never wrong...I just gave up....

Sorry Quady but you do come out with nonsense sometimes...NCM have pioneered block caving since the early 2000s...they have already used it at Red Chris and Cadia...and Nick allowed them in specifically because of their block caving expertise...

BHP...Olympic Dam Mount Keith, Leinster, Resolution...

How many major mines of any kind has Nick built...?

Shall I stop there....?

I think we'll see the first move not long after the AGM...whatever happens, but not before...I think the market is on auto pilot until then....

We may get a juicy Christmas present...

Sticking my neck out further, Quady, there is no way Alpala is going to production with SOLG as owner...there will be a bid(s) and the only way NM can retain participation is if he can stitch together a JV...

The shambles over Corporate Governance shows that SOLG doesn't have anything like the scale or experience to manage such a large and complex project as the block caved Alpala...

AIMO as usual...

GGP down 10%; SOLG up 3%...

"Last week I sold solg and bought CGP. Ill probably do the opposite as soon as CGP goes up and SOLG stays here."

Lets hope you didn't do it on 30 November...sell SOLG at $0.60, buy CGP at $5.44...

Prices now $0.66 and $4.88...

Value loss on selling 30,000 SOLG and buying 3309 CGP would now be $3652 and you could only buy back 24466 SOLG...

Even with small money this doesn't look like much fun...

When will you realise that CGP is bust...?

BTW SOLG up 22.2% since 11 Nov and they also have a 3.1% spread...

If you say you're arbitraging between CDN CGP and GBP SOLG there's also FOREX costs to take off...

OWAN

Do you seriously expect us to believe that you are making money trading between SOLG and CGP...

The spread in CGP is 3.1%...the average daily volume since 17 November is 10k shares...

The SP has fallen pretty steadily (18%) since 13 November...

There have only been six UP days since then:

3%; 1.7%; 0.2%; 0.7%; 1.7%; 0.4%

So even if you got your timing perfectly right you cannot possibly have made money with a 3% spread...

Please provide your exact dealing prices to substantiate or stop talking arrant nonsense...

UT at 38p...

BHP up 21%...

Not looking too clever now mate...

CGP now down 5% since the open at $4.88...lowest since September 1...

You're holding a dog of a share IMO...

Copper up 18% since Oct 6...ANTO up 50%...KAZ up 30%...ATYM up 51%...ARS up 117%...GGP up 23%...

Is SOLG the only stock that is down...?

SOLG 38.28 equivalent in Canada...

CGP $5.10 from $4.95...placing at $5 still washing through...3,206 shares traded...and they complained about our liquidity...

OWAN

Please explain to us how you've made ANY money buying CGP when they have pretty much gone down for two months and today hit their lowest price for 3 months at $4.95...

Oh and please remind me what the equivalent of SOLG's offer was at the time...

18 December...?

Happy Christmas...

My theory is that the perceived panic over the AGM has killed any prospect of this share advancing before the AGM...

Really, NM's handling of the PR has been astonishingly inept...

AIMO as usual...