The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
This Tier 1, rare asset is still here!
There is now a costed appraisal which demonstrates a mine can be developed which will generate millions in revenue and profit for decades.
If we want to progress ourselves, we can access funding.
However imho the more likely outcome will be a buyout by one of the many major mining companies who have already shown interest in Cascabel.
The only ones worried about the share price fluctuations are the traders - weâve seen it before.
Sit back, relax and watch the show unfold and we will be handsomely rewarded.
GLA
Behind a paywall.
A bit odd that they open with reference to âBHP and Newcrestâs early bet on Ecuadorâ
https://www.afr.com/companies/mining/solgold-promises-low-cost-low-carbon-copper-20220420-p5aev8
https://www.afr.com/companies/mining/solgold-promises-low-cost-low-carbon-copper-20220420-p5aev8
Liberum 9 page research report out.
https://*********************/companies/uk/precious-metals/solgold-plc/research/liberum/liberum-solgold-smaller-but-more-realistic-pfs-arrives/1_3031b25a-1db3-4ad7-8b64-386a5e4b0bd7/40aa2d69-14da-47ad-a0fd-1d459d27dcf3
Sorry, - donât have subscription
I said years ago that I will sell when NM sells. The likelihood being that time would be when the company is sold.
I've stuck to this - through the darkest days of the Solomon Isles and Fauro and Guadalcanal. Through Malcolm Norris joining as MD and leaving for some still unknown reason shortly afterwards and then Alan Martin until the great NM himself took the helm. Thank goodness Malcolm Norris and the chief geologist Bruce Rohrlich did the deal to take us to Ecuador and ENSA. My LTH status was confirmed with that Alpala discovery hole and the excitement of more than a mile of copper gold ore in one hole!
We've had our battles with the deramper share bashers - so many - EricEric, Jimiley, Filthy rich, Kalibasri, Rosie, Goldfingerer etc etc.
But now the dawn is arriving. Our time at last is nearly here. Maybe tomorrow is not the actual day, but surely a takeover will happen shortly afterwards.
Well held my LTH fellow Solgers. I look forward to meeting you all at the ÂŁ1+ party early Autumn
GLA
Padmaster
Good morning MassiveRay
I think itâs time to slink back to Poly, thereâs good infestor. Admin will sort you soon enough anyway.
Hold on Solgers - 40p+ on its way soon as we approach PFS and then the bidding fireworks display.
GLA