Member Info for Padmaster

Yes, fair point DBW - re the due diligence

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

... as head of exploration

Having the backing of BHP and Newcrest, I wonder if she is being lined up for their team after a successful joint bid?

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.

Yes Bubble, when I first read it I thought it must be near your £1.32 price lol.

“........ 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).

And under what username was you banned 5 years ago?

Faint whiff redK - but it’s there

The whiff of takeover is in the air. Can you smell it?

Also there is an overpowering foetid stench. For sure, somewhere nearby is Buddy.

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

Thanks MetalTrader

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

Yes Sharketmare and note how the interviewer reminded DC of his duty to look after the best interests of shareholders

Thanks Pinot.
the Northern Miner concludes greater likelihood of a takeover now the PFS is out

w w w . r e s e a r c h - t r e e . c o m

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, - don’t have subscription