In case anyone is unaware on how to vote for the upcoming AGM resolutions, then you can simply phone up your broker and provide your voting instructions.
I was incorrectly awaiting a “corporate action” notification for my account like I have received in prior years but found out after phoning them this notification isn’t always in place (Halifax Share Dealing for me ).
Wanted to therefore flag in case anyone was unsure on how to vote, as every one counts!
It just says 08:30 so likely to be Ecuador time rather than UK, that’s my assumption at least.
Also FYI I presume it will also be in Spanish
To watch at the time, I assume on the Facebook app you press “watch” (bottom ribbon for me) > select live (top ribbon) > then search “Petroenergía” in search button.
It looks like previous Petroenergía live interviews are saved here so can always access after if missed.
Jason Ward interview on Facebook live 27th April 08h30 (not sure what time zone though).
I presume it may be in Spanish so if any LSE Spanish speakers are able to watch and report back that would be insightful.
https://www.facebook.com/103259781282046/posts/514520720155948/
Google translate of interview invite:
“friends cordially invited this Wednesday, April 27, 08:30, to the interview with Jason Ward, president of Solgold Ecuador
live: Facebook live we are waiting for you“
Buddy5, Firstly I never asked about meaning of life, you really do get confused don’t you and secondly it’s “too” not “to”. Your responses have confirmed everything I need to know about the views you post.
Suggest we leave it at that so this board can get back to discussing Solgold.
Ahh Buddy5, my posting history is irrelevant to the point I made about YOUR hypocrisy.
Own the comments you make, not have a follow up argument of just trying to belittle someone else and their posting history, that says it all.
They you go,
Ahhh Buddy5 The hypocrisy of your point with all you big words / abuse of “armchair experts” is laughable as you state what is going / not going to happen.
You obviously know best!!
David7015, if not done already, would encourage you to see the funding deal that was done with Franco for £100m via. Steaming deal. This effectively was done at a value many multiples of share price at the time, although deal done on perpetual income royalty rather than shares.
Similarly, Whilst there is this still a big disconnect on company asset value vs share price I don’t see the majority of any funding deal being done via additional share placing for funding of mine development.
It seems the likes of Bolliden recent site visit, and no doubt others are likely to be keen to be part of supporting funding requirements for the main mine development.
Whilst this share price disconnect is still at play, a 10p share price movement isn’t going to materially make a difference to funding c$2.8bn, I feel other funding routes outside of share placings would occur - this may prove to force bhp / Newcrest to bid as to try and avoid any further perpetual income giveaway to third parties as we saw with Franco.
Notwithstanding the above, I do appreciate the share price may have an impact to more short term funding of keeping the solg management lights on, although as others elude to a potential placing for this may be the reason for the SP drop. Chicken vs egg. Time will tell…
And you wonder why people don’t like you with that kind of response…hhmm
Just break up the words and use a dictionary.
Will help you a little as feeling generous - BHP didn’t exactly like future income of cascabel project being given to Franco Nevada in response for funding rather than equity raise. If this route / use of smelters etc are being considered again for Capex funding whichBHP and the likes don’t like then they have a choice to offer a bid if they prefer.
I would have thought the indication of streaming deals being potentially used for funding requirements would force the hand of potential offers as to not reduce perpetual income of the tenement to third parties. Let’s wait and see….
Agree, still getting bud for 1m+ shares. Historically that volume would normal be pushed to auction, not bid for straight off the bat.
Notwithstanding we appear to be back and forth on the 38p+ mark, I continue to see the continued large volume bid sentiment that as an indication of positive movement still to come, let’s hope tide really is changing!
Miagi365- didn’t say it was a new video! however discusses plans for 2020. Listen to the key messages with the knowledge of what news has been released thus far. Allows you to put the dots together better of likely direction of travel.
https://www.mining-journal.com/project-finance/news/1390615/financing-key-for-solgolds-aim-to-become-copper-giant
This video says it all.
NM’s comment on not beneficial to sell due to Tax that has been mentioned on here a few times... I thought that was the answer based on selling just Alpala ... not a comment about selling Solgold the company.. others interpret it that way as well?
Agree somewhat with your point Grundles, however just to share the other side of the coin.... BHP's offer 2 years ago was c.$30m for 10% plus an earn-in of up to 70% if they spend $275m on the project. Willingness to spend that amount on not a fully proved up asset (way before the initial MRE), to me, signals BHP's interest in this project without needing the project fully drilled as this would also bring the risk of a higher offer required if results are above expectation. I note the opposite is the counter to this though. Since then there have been many drill holes completed , an Alpala MRE and an updated one due soon. I personally don't see the majors waiting for the whole district to be drilled before any offers hit our doormat. Regarding geo surveys; over 50 sqkm of magnetic surveys; 3d MVI magnetic modelling; 30 sqkm of IP Survey and 3D modelling completed at cascabel, with geophysics looking at molybbdenum, manganese and Copper Zink levels and I'm sure I've missed some off. Key point though, geophysics has been done at cascabel with the Alpala and onwardly Aguinaga drilling helping to bring linear relationships to the geophysics completed. In the words of Steve Garwin, THUS I don't envisage majors needing to wait for the whole Cascabel tenement to be drilled before offers are received. I do feel NM and team are strategically not updating the MRE until all Alpala drilling has been completed as to ensure any offers received are maximised... just my thoughts though.