The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
9p paid...
I'm bid 8.84 for 500k...
Holding EQX and GPM...plus SOLG which is surely now a Gold play...?
From Solgold About Us...
"Mr. Jian (John) Liu brings over 30 years of private investment advisory experience to the SolGold board, with a diverse background spanning multiple sectors, including mining, energy, technology, consumer, and healthcare. He previously worked as a partner at Valuestone Advisors for mining investments, as an advisor at Jiangxi Copper Corp for its overseas M&A projects, as a partner at Greenwoods PE Funds, as a director at Mousse Partners and Actis, and as an associate at Merrill Lynch Direct Investment Group. His experience includes assisting portfolio companies in strategy formation, fundraising, investing and corporate governance."
From his LinkedIn profile...
"Working with companies through difficult IPOs, challenging investigations, political turmoil and commodity market downturns has given me deep experience in managing relationships between significant stakeholders and minority interests."
Endorsed for Mining experience by Vhernie Manickavasagar
"Partner @ PwC UK - IPOs, Mergers & Acquisitions...20 years of experience advising companies on IPOs, SPACs, Mergers & Acquisitions, Demergers & Disposals and Rights Issues on the UK and US stock exchanges...."
And from his KODAL Minerals cv:
"Charles is a former Chartered Accountant and has 32 years' experience with PwC including 20 years of experience as an audit partner, as part of its Energy, Utilities & Mining Group. Charles has been responsible for providing services to many international resources groups, including those with operations in Russia, Kazakhstan and Africa. He has acted as reporting accountant and advisor for various companies quoted on both the AIM and the LSE Main Market. Charles will chair the Company's Audit & Risk Committee."
And from Solgold "About Us"
"Mr. Charles Joseland joins SolGold’s board as a highly experienced finance professional with a career focused on the mining, utilities, and energy sectors. With 32 years at PwC and as an audit partner working on large listed international groups, Mr. Joseland brings a wealth of knowledge in financial oversight, governance, and risk management. His extensive career includes working in Spain and the Former Soviet Union and advising many organisations in Africa and North & South America. "
Bullish flag pattern...next move break out through 9p...?
Https://masterinvestor.co.uk/commodities/checking-on-green-energy-seedlings/amp/
It was the 4th highest volume in the last 3 months sire...
Mid May our return to MSCI will be announced...if we get that far before a bid...
None of the below addickt...
'Non dikutive' ... another streaming deal for $50 million... 2 years cashflow...
Its comparative to previous volumes sire...
SOLG closed at 9.28 in Toronto...right at the bell..up 7% on good volume...
And there you have it...
105 out of the last 125 posts green stripes...
So if you're moaning at me...I can't hear you...
74 posters filtered...thats what this BB has become because intelligent people can't resist intellectual master-baiting...
WILL YOU EXERCISE SOME SELF CONTROL!
I COULDN'T BE MORE ANGRY...
THIS IS A SOLGOLD BB NOT A FORUM FOR PEOPLES POLITICOECONOMIC VIEWS THAT HAVE ABSOLUTELY NO BEARING ON SOLGOLD.
STOP IT NOW!!!
I dont think Scott would have signed this on 4 March if there was the slightest concern about the cash position...
SolGold Announces MOU for Sustainable Hydro-Solar Energy at Cascabel Project
"The MOU encompasses key considerations such as a potential Power Purchase Agreement (PPA), financing arrangements, construction responsibilities, technical aspects, project operation, and the ultimate end-user of generated energy. This agreement sets the stage for further technical assessments, facilitating progress toward a more definitive agreement while concurrently advancing Cascabel. SolGold will not be directly responsible for financing, building, or operating the power project; instead, its role will focus on leveraging its position as an end-user to qualify for discounted power rates upon Project completion. Additionally, SolGold is committed to supporting its partners in fundraising efforts."
Thirty three green strpes out of the last 40 posts...thats 83% and worse than the Autobots...
Please take the needle out of your arm(s) and stop feeding Quady red meat...
You'll never change him....
Hi small...
The most importasnt RNS is this one:
https://www.lse.co.uk/rns/SOLG/pre-feasibility-study-technical-report-mh8l4oh1w1nfxvx.html
And if you have time it is worth reading the document, especially P235.
If you haven't, here is the Company summary:
https://solgold.com.au/projects/ecuador/cascabel-project/
Please don't worry about the cash.
In the absolute worst case they could issue equity, or better, sell the 5% of SOLG shares in the CGP subsidiary
But NEITHER of these is going to happen...
There would be absolutely no difficulty in doing another modest streaming deal for $50 million as we have done before.
This is also clear from P235.
But given the TEN Expressions of Interest in Offtake approaches which already add up to more than the entire CAPEX cost of building the mine, together with between 30 and 40 seriously interested parties in the dataroom, interested either or both in Cacabel and/or the nearly 90 other regional projects (including Blanca Nieves of course...even bigger in scale than Alpala and less than 10km away)...
Plus the radio silence for weeks now and clearly Directors being barred from buying for at least 3 months now...
There is clearly much going on behind the scenes...
So the question is, what breaks first?
Cash secured for at least 2 years...
A stunning announcement (s) in keeping with points made above...or...
The first bid or bids...
Good luck
Duh! I stupidly missed this...
MSCI is a SUSTAINABILITY Index...
I only picked it up because ATYM are expecting to join it...
Whoever buys SOLG becomes the biggest mining concession owner in Ecuador...
With by far the biggest...and so far unfathomable...untapped copper and gold resources in the country...
At right on the Andean Belt...