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I’ll take some of that pro but definitely some movement in SP will help build some attention here
Here’s hoping the BoD can deliver the good news to which JP referred in his latest interview; if all flows positively - second Cobre customer with contract, grant and JV for Redmoor, and JV for Cobre - the 2p-plus level becomes realistically achievable.
We will take it! A bit of positivity
No idea prop....but oddly enough,the mm's now like the sp.lol.
something we rarely see.
Tro, Where do you see the share price landing based on JP’s ebullient comments on the release of imminent good news (from his most-recent Proactive interview)?
Full ask paid again
What's the point of the rise today, with the huge spread?
I see cornish metals put out an RNS about having lots of Tin, bodes well for redmoor, even its just the increased focus.
Lupi, They have form in crashing a rising share-price.
Should make it DVH. This will have legs this week. But never doubt the BoDs ability to snatch defeat from the jaws of victory.
Now is the time to buy not to sell!!https://www.lse.co.uk/ShareChat.html?ShareTicker=SML&share=Strategic-Minerals&thread=2E635519-3D10-4E6D-B8E6-30DE31B88A2E&reply=true#posting-rules
Lupidog, this is getting ever closer to my exit price. Would be great to delete this from my watchlist after all these years!
The good news will be proof of Cobre income. That is £5m in the bag, with nothing else taken into account. The mcap should match that without any speculative investment on LCCM or Redmooor. If we have income that will not only be profitable, but also keep the beast of dilution from the door, then we should see a move to our normal holding position of 0.43. If the BoD make the fatal mistake of raising capital on the back of rise due to the Cobre income, then once again it is us that will be diluted. There is no need for it so it should not happen. If it does, it will be the final nail in the coffin for this BoD.
Hi Lupi - agree LCCM has swallowed a lot of cash for no return, I'd like if anything to see a JV partner on board for that - asset disposal or sale for LCCM unlikely to happen - few years ago we spent a lot of money on fixing/maintaining equipment - which has lain idle for years again, with probably no maintenance again.
Prop
yo.lol.
Presuming you guys have lost plenty of money ?
Lol, thanks for your less than insightful post.
Cant see this company out with any good news. It survives on dilutions. More likely the next news is administration and anyone who got money in here will lose the lot.
Come on lets see some good news
Could be a pivotal week . 3 year down trend could finally be broken with just a small rise to get .2 on the bid , a close there would be bullish . If you look back on the chart to where it broke a similar downtrend in the past it ran from these levels to its more recent highs of 3.5p , not out of the realm of possibilities with good news to go along with chart and momentum traders . Here’s to a bright 2024 hopefully for all holders
Tro, The ever-present AIM investor. :-)
Little steps, Lupi - agree with that.
Once there is visible proof of the "new" Cobre income. We should be back to a £5m mcap on that alone. Let's try not to throw too much into the hole that is LCCM.
Polio, We thought we knew a lot about the company - until we didn’t! ;-)
:D We shall see