Asia Ceramics Share Discussion Threads

[hazl] 19/11/2023 07:28

The staff at OpenAI set a 5PM deadline for the entire board to resign, or else they quit and join Sam in his new company.

It's currently 1 hour past that deadline.

More updates coming soon...

[hazl] 16/11/2023 13:45

Cornish metals are on the Government's critical metals list.

[hazl] 15/11/2023 11:09

Year on year, growth in dividends per share increased 14.21% while earnings per share excluding extraordinary items fell by -14.74%. The positive trend in dividend payments is noteworthy since only some companies in the Misc. Financial Services industry pay a dividend. Additionally, five year annualized dividend per share growth is in-line with the industry average relative to its peers.

SMT

[hazl] 15/11/2023 11:07

In 2023, cash reserves at Scottish Mortgage Investment Trust plc fell by 45.02m. However, Cash Flow from Investing totalled 731.03m, indicating this company earned more from the sale of existing assets than it spent on the purchase of new assets. In addition the company used 63.48m for operations while cash used for financing totalled 732.95m.

[hazl] 13/11/2023 10:55

Phased Study Revision
In an effort to reduce the upfront capital requirements of the project, SOLG is completing
an updated PFS to evaluate a “phased” approach to development. It is anticipated that
the updated PFS will include early-stage sub-level caving targeting higher grade ore zones
at beginning of mine life. This approach has the potential to reduce time to first
production, lower the initial capital expenditure barrier and provide early positive
cashflow to fund development of the higher tonnage block cave. This approach is similar
to that executed by Oz Minerals for development of the Carapateena IOCG deposit in
South Austra

[hazl] 13/11/2023 10:53

Initial pre-production capital was estimated at US$2.7B, with further investment of
US$2.6B required during production (Table 14). Due to the efficient nature of block caving
the project is modelled to achieve an average LOM AISC of US$0.06/lb of copper net gold
and silver by-product credits. The base case incorporates average LOM metal prices of
US$3.60/lb for copper, US$1,700/oz for gold and US$19.9/oz for silver

[hazl] 10/11/2023 07:34

We also have top hedge fund people as shareholders, it seems, and this remember is what one said about whether he was still bullish on SOLG recently.

Warren Irwin
'
I couldn't talk about all my names on the podcast. I believe SolGold has an outstanding copper deposit and it keeps getting reaffirmed with every smart person I know who goes down there to see it. It is super cheap too. Lots of people are looking at it, at some point something will happen. Remember the 1.5km deep holes we used to drill grading 0.93% Cu equivalent, or 1.2km of 1.16%Cu equivalent, or 1km of 1.29%.... these holes are measured in terms of kilometres, not meters. We have a monster. Berry Street's wind down and the subsequent share divestiture certainly didn't help the share price. Fingers crossed.'

That appears confident to me.

'We have a monster'.!

imo

[hazl] 10/11/2023 07:21

Our focus will remain on strengthening relationships and continued engagements in West Africa and South America, increasing market share in a declining gold market in South Africa and neighbouring countries, reprocessing of the old tailings facility and leveraging our strength and capabilities through partnership into other precious metals and commodities." not solg gd p

[hazl] 09/11/2023 16:46

I recommend you read the above post to the end!

That's the important bit.

[hazl] 09/11/2023 16:42

Warren Irwin
@ItsWarrenIrwin
·
Nov 8
Hope you like the stories and you can pick up some tidbits that might make you some money or stop you from losing money. (Sorry typo in previous post)
youtube.com
How to Build Generational Wealth With Canada’s Top Commodities Fund...
Warren Irwin is the President and Chief Investment Officer of Rosseau Asset Management Ltd., a top-performing hedge fund he founded in 1998 after a successfu...
China Blue
@BlakchinnieBlue
·
Nov 8
I note @ItsWarrenIrwin
Bigdude that you weren't as ebullient about $solg in this interview, unlike earlier tweets! Have you lost hope that it will be sold by Q1/24? I was reassured though that since you haven't sold up yet that you still have faith in the solg management team!
Warren Irwin
@ItsWarrenIrwin
I couldn't talk about all my names on the podcast. I believe SolGold has an outstanding copper deposit and it keeps getting reaffirmed with every smart person I know who goes down there to see it. It is super cheap too. Lots of people are looking at it, at some point something will happen. Remember the 1.5km deep holes we used to drill grading 0.93% Cu equivalent, or 1.2km of 1.16%Cu equivalent, or 1km of 1.29%.... these holes are measured in terms of kilometres, not meters. We have a monster. Berry Street's wind down and the subsequent share divestiture certainly didn't help the share price. Fingers crossed.

[hazl] 09/11/2023 15:07

Older research.

[hazl] 08/11/2023 19:57

No one disputes that SolGold needed the cash; the pre-revenue company burnt through more than $US14 million ($20.7 million) in the three months to September 30 and had less than $US12 million remaining on that date. But SolGold’s choice of funding was the issue.
Sangha bristled at BHP and Newcrest’s criticism of last week’s deal with Osisko Gold Royalties, which will see SolGold get $US50 million immediately in exchange for 0.6 per cent of all future revenues from the Cascabel tenement.

“Sangha bristled at BHP and Newcrest’s criticism of last week’s deal with Osisko Gold Royalties, which will see SolGold get $US50 million immediately in exchange for 0.6 per cent of all future revenues from the Cascabel tenement.

“For six years the biggest liability on SolGold has been Newcrest and BHP. They’ve talked down the asset,” Sangha told The Australian Financial Review. “This is a case study for junior miners as to why you wouldn’t want these guys involved in your project.”

[hazl] 08/11/2023 19:56

The SolGold rush’

Newcrest was the early mover on SolGold, acquiring just over 10 per cent of the company in October 2016 after outbidding BHP.

BHP circled back in 2018 and took a slightly larger bite, giving it bragging rights as SolGold’s biggest shareholder with 11 per cent at the time and now just over 13 per cent.

Other big players joined “the SolGold rush” in different ways; Gina Rinehart’s private companies snapped up tenements surrounding SolGold’s Cascabel discovery, Andrew Forrest’s Fortescue Metals Group ramped up Ecuadorian exploration, while Chile’s state-owned copper giant Codelco also claimed ground in the jungle surrounding Cascabel.