Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Haha Fira, you're on fire today....
I do try Fira.... Have a great weekend......
Look out for me Monday on centre court....
You will not be able to miss me... will have a great big cheesy grin and a top hat in red white and blue....
With.... SML plastered on the front.....
Love your investments ...they will love you back.....
Maximum despondency = maximum opportunity.
I am with futures ...
I am not ecstatic bout where we are but do see light from a very dark tunnel many have been in a while.....
The train is late , may not be first class but its on its way and it will get us there....
there are a few of the opposite team chanting in the same carriage as the home team ,,
Will have to get the conductor to send em to the back.... :))
Its only money .... :))
Might be helpful if JP is interviewed today. Someone asking the 'difficult' questions, which rules out his 'mate' Andrew Scott (Katie Pilbeam maybe.....)
Fira, we don't often agree but you're spot on today. Very difficult to construct a positive case here, especially with JP at the helm. We need a new CEO to reinstill confidence in the BoD. Can't see many new investors piling in here until we have a bit more realism in the company plans...
The reference to furlough really made me laugh!
It’s all positive now but why is that?
Is it because JP, who has only ever had a fleeting relationship with the truth, tells us so again.
This is the guy that seems to have been on furlough, since long before Covid ever turned up.
This RNS is no different to the fantasy JP has been giving us for years; again it’s just full of words like
Intention, should, subject to, expectation, likely, anticipating.
So far nothing has changed it’s just all words, no concrete substance to it whatsoever.
Why haven’t I sold up and moved on, because I’m just waiting for 0.55 then out the door, probably not unlike a good few more investors.
bitcoin i get your housing analagy but there is such a thing as an "agreement in principle"
I have been invested in SML for over 5 yrs and moving forward closer now than at any time.
I get it DVH... Punch drunk....
I have taken a positive view as I was not 100% the deadline would be met...
I think the exploration and the finance 10 mil asd is good news ... if they can get it the project stacks up for us investors....
Upwards from here.... Bottom draw it for 18 months or so...you will be an SML millionaire.... :))
Talking of Millionaires .... I am hoping my 6m Kav shares are going to make me a Kav millionaire by the end of July....
no better place for your moneyy when that drill starts spinning in the KSZ next week...
Will go through the first 70 m sand sediment like butter.....
Botswana is the place to be,,,,
ATB... Come on DVH... you deserve a medal for holding the flag for the last 3 years :))
All be worth it !
Just can't get excited by the RNS after 2/3 years of LCCM ownership this is as far as we've got?! I simply think the BoD is not up the job and as for Redmoor, I'll be drawing my state pension before we get anywhere near production...
The fairy tale is just beginning Fira...
Its an adventure... like finding a door in the back of your wardrobe. ::))
Yep about ready to change into 2nd gear.....
Will you take a slice of Humble pie when we hit 1.2p Fira ? :))
Slurm, I concur - either they want a few million or they want 10 million, which they should have anticipated, at the very least, ten months ago; but, nevertheless, producing copper feels closer to reality than it did yesterday.
I did expect it, what i didnt expect was that no funding was in place, thats the bit i am disappointed in.
I do wonder what the execs have been doing with their time??
Nothing changes for me and investment here based on this, but I would like an answer to my above question
Lupi and Bitcoin, Rational thoughts, summed up by now tangibly moving LCCM towards production within H2.
Hope you are right!
DVH..... This RNS might well be the best outcome....
Reasons... IF we got a PEPR and FINANCE RNS this morning you and I might well of sold a chunk on a spike and the SP dropped back.... as battle weary long term holders take the decision to move on...
I now see no spike on the horizon just steady increases in share price with added value....
Let me explain why I actually think today's news is good news....
All being well the PEPR will land in July.... Maybe with caveats...which may cost a little...No problem as looking after the environment is good practice...
Finance...No company will lend if the project is not viable.... The lenders are not silly.... Will not lend if there was not a very good chance of success or if they were not happy with the security.
If we get finance a big tick..... for the project in that its been looked over by specialists and the figures stack up...
Exploration.... Great idea,,, good size tenement ... Exploration and increased Jorc is good.... We love the drill assays landing with good grades.... added value.. Also good to get more finance ..nothing worse than having just enough rope to hang yourself ....
The listing is something to look forward too,,,, LCCM standing on its own 2 feet.....
Allowing us to concentrate on Redmoor.. something will happen there for us...its a company maker and sure we will have Tin.....Copper as well as Tungsten...ESG UK using its own raw materials....Gov will ramp this up
New manager....Great move..... New blood.... JP and PW are better leaving this to an experienced guy that knows the ropes....
Sure he will add value and save money....
So from a fresh perspective... I can see incremental increases in share price as we move through the 3 stages
1... PEPR...2.... Finance ....3.. Production...4. exploration...5..listing
Also step back and hold the thought a producing copper mine within a year.... Not many small caps can say that.... mines normally 5 years in the making ....
And then the Joker in the pack Redmoor... Who knows...
If I had not been invested in SML for the past 3 years with the delays and previous mistakes ... I would be reading up and thinking this is worth a punt at this SP...
So in the words of dragons den... i'm in and maybe having a few more.... another 3.5m shares to get me up to 20m....
Then going to sit back and let it all play out....
Got to be upwards from here....
I know a few will be calling me ..... flip flop... pump and dump, he loves it he hates it....He talks ******.... :))
I don't care.... and for the record I kind of like the posters on here....The banter...
The thing is its all emotions ...expectations .... The SP is down here for a reason...
It will rise for reasons.....
I am quietly confident that this investment will start to pay dividends..... and I might well stay a while as I can see this heading to new highs in the next 2 or 3 years...
All the best