focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Just a reminder for anyone who didn’t see it- Mining Journal article refers to sources predicting a joint bid as early as June by BHP and Newcreast. Does anyone still have the complete article?
https://www.mining-journal.com/london-to-a-brick/opinion/1428389/joint-bhp-newcrest-bid-for-solgold-‘within-months”
Sadly, there are people whose intentions are immoral, both within businesses and bulletin boards.
What has happened at Solg, does not change the rare, valuable tier 1 asset we have and an imminent takeover bid.
GLA
https://amp.theaustralian.com.au/business/mining-energy/former-oil-search-cfo-ayten-saridas-wins-new-role-at-copper-darling-solgold/news-story/5fa437631eea3d097084b9c17ccabaef
The former Oil Search chief financial officer suing the company for bullying has won the backing of two of Australia’s biggest resources companies for her new role running the finances of one of the most closely-watched exploration plays on the market.
Another interesting read for you.
https://www.spglobal.com/marketintelligence/en/news-insights/research/copper-in-initial-resources-hits-7-year-high
Now why wouldn’t a Major mining company want this beauty?
GLA
https://www.bnamericas.com/en/interviews/solgold-ecuador-can-be-one-of-the-new-major-copper-producers
BNamericas: How are SolGold's other concessions in Ecuador at the moment? Has progress been made in seeking alliances with other companies?
Taunton: There are a number of companies in talks with us right now. We’ve presented a series of concessions to see if any of these companies are interested in linking up with us in developing the other areas that we have.
We have selected two. One is Porvenir, which is far to the south, in Zamora Chinchipe, and the other is Helipuertos, very close to Solaris, in Morona Santiago.
We’re going to focus on those two because there are the best results so far. We have to focus on activities independent of what we have in Cascabel. Several concessions are being targeted by other companies.
“........ similar discount for SolGold would see it go for £2.35 billion “ ... says Investorschronicle.
https://www.investorschronicle.co.uk/news/2022/05/09/picking-buyout-candidates-in-the-copper-space/
Is it only us that has a resident infestor clown whose only intent is to cause trouble by making mischievous, uninvited retorts and making no genuine positive contributions?
(Still waiting to hear from him about all the previous banned usernames and the reasons for the bans).
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 - we’ve 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 “BHP and Newcrest’s early bet on Ecuador”
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