BHP has been invested in Solgold for many years and has even organised a secondment arrangement for its technical staff at Solgold's major deposit, Cascabel. BHP have since built a major team in Quito however they have no advanced/producing assets in country. They have made major statements about the opportunity in Ecuador and I have no doubt they're interested to acquire Solgold.
https://www.bhp.com/news/media-centre/releases/2018/09/copper-update-agreement-with-guyana-goldfields-inc
https://www.mining.com/bhp-becomes-ecuador-focused-solgolds-largest-shareholder/
https://www.bhp.com/news/media-centre/reports-presentations/2021/12/key-global-market-trends-in-the-mining-sector-and-how-ecuador-can-harness-them
Boasting the largest advanced copper project that is next of the shelf, and being Ecuador's largest concession holder, it would be a very wise move for BHP to gobble up Solgold before the Chinese do through Jiangxi (5% holders).
My bet is that BHP has concluded its own inhouse BFS and they are waiting for conclusion of ESIA and IPA which are both imminent (quasi overdue).
Exciting times for Ecuador and copper
Its time for BHP to acquire Solgold plc.
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$44.74 |
Change
1.380(3.18%) |
Mkt cap ! $227.0B | |||
| Open | High | Low | Value | Volume |
| $44.35 | $44.86 | $44.27 | $675.0M | 15.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60000 | $44.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.75 | 3245 | 8 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |