Member Info for schlemiel

Oh, I didn't see it on the thread. Apologies.

As this been posted before?

https://www.eetimes.com/name-the-mobileye-of-driver-monitoring-systems/

https://gmauthority.com/blog/2020/11/travis-hester-named-new-chief-gm-ev-officer/

'Additionally, Hester served as the chief engineer for the Cadillac CT6, often considered GM’s technological flagship with regard to its innovative Omega architecture, rear-wheel steering technology, and Super Cruise semi-autonomous driving technology, among other innovations. Check out GM Authority’s previous coverage for Hester’s insights into what made the CT6 so compelling.'

I'm sure Hester will have worked with SEE

So we do have bidders and it seems Mather will decide who takes control of Solg, according to Richard Roberts who's been reporting on mining for 25 years.

Page 11 on today's CGP presentation so evidently CGP have put themselves up for sale to the highest bidder, lock, stock and barrel. Which major will strike first should give us an indication of the direction of travel...

Meyer described SOLG as the 'Vodafone of the mid cap market' or certainly that's how the wider market perceives it so. In terms of price performance (capital gains), it's been dreadful after the initial stellar gains following the Alpala discovery

The market wants to see MONETISATION. Either a bid for the company or the sale for cash of some of our tenements. Nowt else will shift this docile fecker of a stock

nm

I still believe the Valuestone capital raise was to finance Mather's bid defence team costs, bankers fees etc

NT's Beetaloo Basin among projects to create ... - NT News

www.ntnews.com.au › business › news-story

21 mins ago —

NT's Beetaloo Basin among national projects flagged to create 220,000 jobs, boost economy by $350bn in next two decades. ... It highlights the significant multiplier effect of the oil and gas industry that positions it to deliver economic dividends across supply chains and local economies.

----

https://www.smh.com.au/politics/federal/hit-the-gas-industry-urges-government-support-to-fire-covid-recovery-20201122-p56guy.html

SEE tends to be restricted by NDAs (especially regarding DMS contracts as opposed to fleet) and that can be a problem in terms of transparency so if you're gonna take a position then expect periods of share price, volume inactivity

I continue to believe that the arrival of Federated Hermes is huge for SEE and a precursor to further positive developments but that's just my opinion and not a basis on any decision to invest

bm3121

What's the inference mate? cheers

I don't understand options that well and neither do I understand what we can surmise when options are allowed to expire or reallocated.

I want to see the future but the present evidence doesn't allow for it

The Valuestone issuance is an intriguing corporate development but I don't possess the insight or professional experience to work out exactly what Mather's intentions are.

He could have raised the paltry $5m from any party but chose a Canadian based private equity company financed by the Chinese State. Why the Chinese? Why not the Aussies (BHP or Newcrest)?

And why did he raise only $5m? It's a pitiful amount of capital to raise for a company of SOLG's size. What's the purpose of raising such a small amount? Is he signalling future developments

Feck me, it's doing my bonce in. I'm searching for answers and I can't find one, not one and that 's frazzling my tiny brain

https://www.futurecar.com/4270/Drivers-Are-Too-Trusting-of-Partially-Autonomous-Vehicles-Claims-IIHS-Report

Even with low-level autonomous technology, the IIHS found that it only took one month for drivers to become comfortable with letting the system handle the majority of driving, even when it’s not supposed to be able to.

Original Vineeth Joel Patel Nov 21, 2020 7:35 AM PT

I wonder if Valuestone is part of SOLG's defence team should takeover bids come in or alternatively the complicated process of SOLG's asset sales ?...

apologies, just musing while watching 2 blokes knock balls around a table

'Private equity is predominantly about generating capital gains' (ICAEW).

Valuestone is a private equity fund manager whose primary aim is profit generation not the securing of supply and ownership of natural resources.

This raise may therefore herald a profit generating corporate event?

https://uk.reuters.com/article/jiangxi-copper-fund/jiangxi-copper-targets-investors-with-300-mln-global-mining-fund-idUSL3N1B51PA

From 2016 -

“The focus is not to secure supply, it is rather how to make a profit at the bottom of this industry cycle,” analyst Helen Lau of Argonaut Securities in Hong Kong said.

“Eventually Jiangxi Copper may participate in operating and investing... but they may ask the (private equity) fund to just flip it.”

-

I reckon Mather's raised $5m from this Canadian based shareholder for yes, corporate purposes but also a sweetener in anticipation of corporate action.

Looking at the monetary value attached to the Valuestone raise, it is utterly without material consequence except to Valuestone who I believe will profit from its stake when either SOLG is sold or we see monetisation if each project starting with Alpala is monetised

I wonder if Mather personally knows the partners at Valuestone? Is this a favour or a sweetener to Jiangxi Copper Co, an act of corporate goodwill or sending a message to other majors of intent?

I'm sure we won't have long to wait

Origin and FOG know more than they're 'letting on' for political reasons. They're playing it cute, cards close to chest or whatever expression you wish to use. The NTG don't tender for pipeline plans through Beetaloo if they thought the areas was non-commercial or unviable

This is now more about politics than it is about informing the market. These feckin' activists won't let go like a rabid dog with a big juicy bone

'Sep 8th, 2020

The Northern Territory government has let a contract to CNC Project Management worth $327,000 (Aus.) to plan a corridor for a pipeline to transport potential onshore gas resources from Beetaloo basin to Darwin.

The proposed pipeline will travel close to Tennant Creek, Elliott, Newcastle Waters, Daly Waters, Larrimah, Mataranka, Katherine, Pine Creek, Marakai and finish at Middle Arm on Darwin Harbour.'

https://www.ogj.com/pipelines-transportation/pipelines/article/14182932/cnc-contracted-for-beetaloodarwin-pipeline-design

Well, I think those are the relevant tenders that relate to Beetaloo. Middle Arm Development?

Here are the tenders. Well, what u r allowed to access anyway

https://tendersonline.nt.gov.au/Tender/List/#!/Current