Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
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Have you any idea what the situation is Trout? We've had so many unfulfilled promises in the past, I feel negative even though I think this company can progress. The latest RNS indicates news is due on either Redmoor or, LCCM. Our Bod are expert at making statements about the future, they never meet. The end of Q1 is near....
Dividends would be the way to play it and share incentive plans!
Wont take long for the BOD to take a bonus the decline of the company is scandalous it has been milked dry by greedy directors.
"At present, we anticipate further news flow from projects this month and beyond."
A bit better picture for us. Just over three weeks left in this month so hopefully, we're in more exciting times.
Rerates not restates (courtesy of auto predict).
Good news is always welcome. This underpins the current mcap and suggests that we are a couple of million undervalued, based on the current Cobre position alone. LCCM and Redmoor don’t appear to be factoring assets. Unless the market restates us.
That sounds nice, can you keep costs down to bare minimum and use the next year or so to start up LCCM slowly?
Have the UK govt and councils met Competence and Strategy?
Granted we don't produce any but if there were a BOD and competent deep state / government in the UK, perhaps we and the existing producers might.
Interesting discussion on Germanys tungsten / wolfram requirements during WW2 and Spains mines that were developed by Germany, presumably if deal done by Trump re Ukraine, there'll be massive tungsten demand by whole of Europe for rearmament?
https://forum.axishistory.com/viewtopic.php?t=163333
Leeching does require expertise and experience, i do agree continued careful finance should allow a slow but steady commencement with the Cobre funds, get that going then focus on redmoor
LCCM doesnt need experts. We already have enough paper experts. We were told the oxide was "shovel ready" we have had permission to process the oxide for over a year. We now have increased income to facilitate the purchase of a shovel. Unless we were misled, why are we not processing oxide?
With all the fighting going on, tungsten is very much setting the world on fire, only the limited amount of DU is better for ammo than tungsten.
Im not a fan of LC, but also not a fan of selling it off, get some experts there and get it going, cobre is not enough to fund Mgt and review Redmoor.
Yeah, shame redmoor is more tungsten than tin....
A dead glow-worm in a jar wold dazzle us more!
All we need now is news flow......
The last two trades were UT trades from the auctions so not the MMs spread. Basically if someone wants to sell at 0.27p and the offer at that price in the auction, someone is likely to take them up and it trades there.
The spread is wide, but the MMs aren't sure where it is going to go and with lack of volume are going to all sit together on the same wide spread.
Give it some newsflow and the spread will tighten.
I would love to know what the MM's are doing with spread? There have only been 3 trades all day and with a 40% spread, it looks like that's too much. 5 weeks to the end of Q1 JP! Time to dazzle us.
Well the Golden Cross has nearly formed now with the 50daySMA crossing above the 200day SMA, with both moving in an upwards trajectory. A good chart signal, so just need to see some news now to kick on from these levels.
No idea on the court case. They don't give any indication of when it will be finished. I read the whole thing and they're getting payments up to December and other actions are still ongoing, so I guess they won't consider who to pay and how much until after everything is settled. We might not get a lot but any amount will do to improve our outlook. I'm more concerned with what will happen with any generated income, given our Bod's previous history. Get going with things quickly, or step down. I've no patience left for people who talk but never do.
Dont forget SML made a fair bit from Brenda, the issue was trusting her and kind of relying on the extra income. The court case was about being seen as a victim - anything is a bonus IMO
Aye, the most. But we will actually get a lot less or nothing. Wonder if the court case (settled) had any bearing on this?
Good stuff Lupidog.
"However, the Receiver has since resolved the disputed creditor claim of
Southern Minerals Group. The Receiver has now confirmed the creditor claim of
Southern Minerals Group in the amount of $160,000.00, which negotiated amount
represents the claim amount that will be attributed to SMG for purposes of a future
distribution process when the Receiver proposes a plan of distribution to the Court.12
With the resolution of Southern Minerals Group’s claim—previously asserted
in the amount of $21,929,259.00"
So the most we will get is $160,000.00?
This is dragging on longer than my Superfast connection which gets put back a year every year.
It is about tie we had an update on the filed PEPR and if we club together we could go for a Coastco $8shovel for the "shovel ready" PEPR which is coutnig down the clock. What was the point if we don't use it?