Member Info for Pbow

Noboa isnt in the UAE Fort. Its his next trip but he is in Ecuador at the moment.

From yesterday but only saw on bot today.

https://www.bnamericas.com/es/reportajes/solgold-iniciara-obras-tempranas-del-proyecto-ecuatoriano-cascabel-en-2026

Buffa i dont mean they arent introuced in gold as an asset. But generally Mubadala etc are interested in setting up factories and supporting the economy. Its why they now have all the aluminium smelters.

I would be very surprised if the UAE were interested in gold.

Through International Resources Holding they might be interested in the copper. Could see them trying to do what they did with aluminium for EGA.

Https://www.elcomercio.com/actualidad/politica/daniel-noboa-prepara-segundo-viaje-oficial-tras-consulta-popular/

I cant find the one I read this morning - i seem to have deleted the bot email - but this says the same (and a bit more).

To keep Jacks spirits up....

Gabriela Sommerfeld has confirmed that Noboas next official trip is to the UAE.

Separate articles have stated that Noboas trip to the USA has been classed as confidential and no details of what happened on the trip are being released.

Jack organic growth is developing projects you already own. They give a few examples in the article.

You would be better focusing on the section where it doesnt rule out all M&A activity.

How would buying Solgold / cascabel constitute organic growth?

Whilst it wouldnt class large-scale M&A comparable to buying Anglo - its still M&A and therefore not organic growth.

Https://www.afr.com/companies/mining/gina-rinehart-puts-blowtorch-on-rio-tinto-bhp-over-net-zero-spending-20251124-p5ni15

Would imagine you would add the above to your exceptions?

Https://www.bnamericas.com/es/noticias/lundin-gold-proyecta-primera-estimacion-de-reservas-en-fdns-para-2026

To an extent yes. I thought it interesting how he stressed the simplicity of the project.... "Capital will flow to projects that ultimately have simplicity and can be executed near term. This is one of them."

Maybe if TAM gets the all clear we fall into this bracket as well.

To be fair Fort reading Mining Journal today they expect to get technical approval for EIA this year (they say next couple of weeks so potentially before we apply for it) and all permits by the end of next year. They are also fully funded till the end of next year whereas solgold (for now) has to meet CPs with the Franco deal.

I think eventually we will be worth a lot more than Solaris but can see some attractions to that company at present.

Https://www.primicias.ec/economia/catastro-minero-nuevas-minas-comunidad-reubicada-ecuador-109923/

Bramaderos resource jumps 33% to 3.6Moz AuEq

This is the asset we own with Sunstone metals - we have 12.5% i think

Https://www.primicias.ec/politica/resultados-consulta-popular-asamblea-agenda-legislativa-procedimientos-leyes-110022/

Https://www.primicias.ec/economia/daniel-noboa-balance-iva-diesel-estancamiento-trabajo-110056/

Https://www.google.com/amp/s/www.eluniverso.com/noticias/economia/mineria-ecuador-warintza-aclaracion-ranking-produccion-cobre-nota/%3foutputType=amp

https://www.redimin.cl/lundin-gold-reporta-intercepto-record-de-alta-ley-en-fruta-del-norte-sur/?amp=1

https://www.bnamericas.com/es/entrevistas/warintza-el-proyecto-de-us3700mn-que-podria-redefinir-el-cobre-en-ecuador

I can give a long list of criticisms for you if you like Ad? I will however be voting yes for him.

Yeah Ill be looming forward to see how Scott does in the AGM. Ill be voting no for him for the 3rd time in a row.

NNM i think the better point would be he has some pretty decent options.