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Most alarming of all, the Albanian mafia is alleged to have coopted members of Lasso’s inner circle. In January, the digital media outlet La Posta published a report based on a leaked police intelligence document attesting to an investigation into the possible mafia ties of several top government appointees. Two police generals were subsequently caught on tape discussing closing the investigation into the allegations in order to protect the president.
Great find @Italian like I said slow increases now through to the end of September then early October onwards 🚀🚀🚀
Novice. Not kissing bottom. But I enjoy your optimism and love reading your comments. Keep it up.
Wouldn’t expect that from anyone Scott but comments appreciated
A snippet from the latest forbes report on foreign investment.
Be interested in your views fdjyn. Because when I mentioned it in April, your insight told me, you would make a movie about the bogey men in equador, and the rest of the gang fell about laughing.
But for business, the more urgent issue is crime. Foreign direct investment has hit a bottleneck as investors wait to see if the security situation improves. Without political unity, international support, and a focus on intelligence-gathering and restoring the social safety net, that is unlikely.
Sp15p,
Any Spanish speakers able to give a brief precis?
Between the two, there is a description and analysis of the deal with the government and it's given as a fact that SOLG will build the mine and start paying royalties from 2025. To state that must imply there should be a path to funding otherwise SOLG could not commit, but that's just my guess.
Given that we already know that SOLG is not affected by the Court del8beration about the environmental consultations, it would seem that the only thing missing is the 2.7-3.0 bln to build the mine, hence the strategic review that should reveal how Cascabel will be funded (buy, jv else).
But this is the fundamental question we have been hoping answer for years to get our exit.
So, all in all a good report of progress but not one that moves the dial decidedly.
GLA
Thanks, TI.
You can get subtitles if you go on the settings button , Ad...top right of screen
Quady, I enclose the latest economic report from forbes
Note what it says about violence and foreign investment. Then rethink your post.
"But for business, the more urgent issue is crime. Foreign direct investment has hit a bottleneck as investors wait to see if the security situation improves. Without political unity, international support, and a focus on intelligence-gathering and restoring the social safety net, that is unlikely."
It appears I'm not the only clown scaremongering
Still talking tosh needalife.
It takes all you said into account.
Ecuador is still the fifth safest country in South America, and when you consider that a large part of the current violence is over Lasso it is considerably safer.
Good evening DinnerMoney, if you take a look at the report I posted at the top it says updated June 2023.
Hi DM sorry just picked up your earlier message….. try and avoid this place mostly at weekends.
Re the website….. yeah not exactly fast and smart is it.
My hope is that it was intended to coincide with some form of news release ….. anyway we’ll get there eventually, the only question for me is whether it’s a fill sale or just sell Cascabel and spin off the other licenses….. preferably the latter but almost don’t care which now
ATB
Wether the violence has any impact on us is a moot point. However, I've never believed SC really wants to live there for longer than he has to and he certainly won't be regarding the place as his dream retirement home.
I mean , if they cannot even be ass*d to fulfil the promises on the new website....well it's just sloppy & untrustworthy.
DinnerMoney that's a different set of stats.
Covgaz website is irrelevant and redundant in solgolds case buddy why waste any time and money on something that will not exist in about 3 months time. The rest of the tripe today about political uncertainty increased violence etc etc is absolutely irrelevant here, the kids are pulling your plonkers and you lot are biting
Novice, literally the only one foolish enough to put an October (!!) timeline on a TO is you. So forgive the masses when we completely ignore literally everything that you say.
Is it still 20p by Friday? 😂
Simpleton.
DinnerMoney why are you posting the global peace index, it has nothing to do with what I posted.
I am looking at it from a crime perspective.
Quady, no matter how many out of date reports you find, the fact is, the escalating crime and corruption COULD, NOT WILL, COULD, have an impact on solg going forward. And as usual the I'll informed find it a point of ridicule. As they can't bare the facts, other than imagined positives.
Novice today again trying to impress the gang again today shows, how out of depth he is.
"The rest of the tripe today about political uncertainty increased violence etc etc is absolutely irrelevant"
Quady my final word on it.
Forbes report on problems facing Ecuador's attempts to get foreign investment.
"The biggest obstacle in Ecuador’s path is organized crime. The crime surge, which started in earnest in 2020 but accelerated dramatically last year, is comparable to that of Medellín, Colombia during the times of Pablo Escobar, or Mexico in the 2000s. Ecuador finds itself in the eye of the storm"
Quady yourself, Novice Etal please research before attempting to be smart
DinnerMoney no this is not a wind up.
The article I posted also commented on Lasso and that a good deal of the crime originated from his premiership.
That's what I have said and are still saying.