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I guess JP is relieved that we didn't go bust even after all the years of under pinning by Cobre finance. Result!. bonuses all round!
Has JP done it again-building up expectation to ultimately deliver very little or nothing?
Most of the CEOs of small caps would make excellent politicians
You will find any optimism you had wanes a little after a while.
I know this from waiting nearly 15 months for an update on our copy and paste PEPR.
Less than two weeks left in Q1. Update please JP.
Brigglet, I’m with you on the positive sentiment on this one - this time. In the meantime, here’s a site that may interest you - https://www.diggersndealers.com.au/
Tend to agree, especially as it's on finance and will be paid by revenues from Cobre....
I just like diggers, Prop. Put this share to the back of my mind after the sub-optimal turn of events over the past few years. Have a feeling things may be turning a corner now. Been wrong before, though.
Brigglet, It’s been a long time coming for your comment.
How would Mustang’s news affect SML’’s share-price?
Could it be the aquisition over at Mustang? deep pockets all of a sudden after 3 years?
Never seen the delivery of a digger knock a share price so much
Someone has to take the mantle ;-)
You have turned into Bitcoin
Blue
One would hope that JP would have learnt his lessons from the folly of his previous, ebullient prevarication - many years ago - when investors bought in to a fast-rising share-price, only for them and it to be deflated after the BoD’s litany of mismanagement debacles revealed themselves.
However, this recent stream positive news, buttressed with optimistic statements on the company’s future, strongly feels as though the resulting ensuing uplift will be substantially sustainable.
Hi Redmoor,
No I haven't, I just feel that after so long with his disappointments and how they now go into so much more detail to try and stop the concerns about Management payments, etc, that perhaps this is turning and he is unlikely to be stating timelines if he is not confident they will be met.
I do question their credibility, business acumen and communication with the market, but this year they do seem to be showing some green shoots that should allay those fears a little.
The proof is in the pudding and we have two and a half weeks until the end of Q1, so let's see the news that has been taking such a long time to come to fruition.
As other people have pointed out, Cobre sales now backstop the current SP and so this may be an opportunity to get in early before the newsflow turns positive on other projects. Or it could just be JP back to his old self....
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?