Latino is a trader who is after a quick buck. He'll be long gone in a day or two...possibly even gone already!
Touched a nerve there hydrogen. Your ego just needs to come down a peg or ten. I suppose it's because you're treated like some sort of demi-god on that other board. And it really grates that your comments get truth-tested on here. How dare they question me...do they know who I am? Lol.
PS. you say you re-entered SOLG at 27p (excellent timing so far) - from where did you get the funds, since you stated that you ploughed all of your solg money into that other share....#notaddingupasusual, #horsemanuremerchant
Hydrogen, "whilst sadly the behemoth which is Solg (and which I recently sold out of to buy more here) languishes in no mans land. " 02/07/21 at 10:29am.
This morning you state that you are still in SOLG. My BS detector is going off the scale - a frequent occurance when you post, I might add.
Hydrogen, it is you who does not understand porphyries, not SOLG investors. 600m at 0.4% cueq is nothing spectacular at all. IF it were located next to a tarmac highway, with access to ample power and water, in a stable jurisdiction, then the market would probably like it. However, it is not, and as such the only thing that makes it interesting so far are the elevated copper prices! They need to hit an Alpala hole 5 for it to start to look economic.
Your comment about SOLG's strategy/management vs GGP's is also horse manure. Firstly, GGP is not progressing at "lightening pace". First ore is expected 2-3 years from now (ref Newcrest's annual report), so make that 3+ years, as these things rarely progress without a hitch. And secondly, it is not GGP's management that is driving this! It is Newcrest's - bit of a difference, which I hope that you can appreciate.
PS - thought you said you had completely sold out of SOLG only a couple of days ago, lol?
It's a lot easier for OMI to double from £30m mcap, than it is for SOLG to do the same at £630m mcap.
Price is drifting with lack of serious near-term catalysts and a seeming lack of company focus/direction. As for Porvenir, it is clearly not all that it was chalked up to be, and I said as much as far back as Nov/Dec 2020.
What you are forgetting CHRISP is that the Corrupt, Fat Controller owns GGP shares. And the BBs of any share that he owns is the same. Recommended strategy - go short on any share that the numpty owns, lol. He was proudly telling everyone on the BMN board how he was going in large at 18p not so long ago... turns out it was the top and look where it is now. Karma baby, karma.
Zoros, you talk a good story but the problem is that it is out of your rear end, as per usual.
Refer to the Newcrest 2020 annual report under the section organic opportunities and you will see that it states that there is the "potential" for commercial production at Havieron within 2-3 years of commencement of the decline. So that is June 2023 at the very earliest - more like June 2024 or later.
Couldn't be bothered to read much of Lord McSpaniel's diarrhea - phwa, phwa, phwa - I got lucky on a tiddler and made a small fortune, ya di ya - sold loads near the top etc. CD called it dead right - both Zoros and McSpaniel continued to ramp it at 38p (clearly McSpaniel was doing the dirty on his fellow shareholders while he was at it)!
We had a couple of days of Sir Nick D ramping the iron ore aspect of the company on here a few days before the Q1 update - it pushed the price up a treat.
Well the iron ore is still all there isn't it, and it's still worth ~$400m. Has to be a serious amount of value here at 15-16p.
Those who were caught out this time really only have themselves to blame unfortunately. If they had taken the trouble to do some research into the events that occured last year they would have seen that a placing in April/May was highly likely - in fact I called an April 2021 placing last November. At the time, the likes of Brooko19 and Newboy said that was absolute rubbish. They could not have been nmore wrong - they were probably just trying to talk it up meanwhile planning an exit at 27p to salvage their investment. I note that they are off ramping other stocks now, continuing to talk out of their rear ends elsewhere.
All that said, I now think that there is value here. There's a good chance that they won't need to place again for quite some time, if ever.
Oh the irony...once upon a time Lord McSpaniel labelled me as a nasty individual too. The funny thing is that in the same comment he said that you, Quady, seemed like a really decent chap who he'd probably enjoy having a drink with in the pub. Fast forward, and now you too are a "nasty" person. My advice is to just ignore the egotistical, pompous, old git.
Fastjet, do you really need to ask the question? CD is 100% out and it was abundantly clear when that happened, to within a few hours.
When CD is in, he's hugely bullish with some slight negatives thrown in to make his posts not look too rampy.
When he's out it is exactly the opposite: mostly negative with a couple of positives thrown in that clearly don't outweigh the negatives.
Redknight, not sure what the point about being a shareholder or not has wrt to calculating the cash position going forwards. The calculation is simple maths and is not swayed by emotion.
Some on here have said the cash position is unclear. It is not. It is amply clear:
Alpala looks to be well funded into 2022.
The regionals will require a cash call before H1 is up.
Look at Redknight backtrack and slide into his next argument seamlessly. Jeez.
There's no PLACING coming, relax guys, trust me, I'm an expert. Next minute, when his basic maths is shown to be in error, he changes tack....