The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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And Alan Broome has yet to explain why he has a negligible investment in this company.
You should correct that ShS to 2x Directors with skin in the game and a Chairman with no confidence to invest. The Chairman has unlimited visibility within the company and has a token holding which certainly gives the impression that he has no faith in the company.
The company is self financing with a bod with plenty of skin in the game.
Certainly a good start, hence the buy button pressed
Going forward, lots to play for unless this is just another lifestyler
They have always been happy for the copper price to fall, because they couldn't afford to buy the promised juggernaut to move all the extra cash :-))
No excuses from the BoD on an unfavourable market for copper and tin, this time round - as has been their go-to excuse over the past few years.
I do think.....freudian slip....
Yes Lupi, i think this will recover, i dont think the BoD's having so many shares will push them to deliver.
Given that copper is now just off its all time high and some charts indicating it could well go a lot higher, someone will close on LCCM IMO.
Trying to raise an old issue ShS. We have known about this for a long time. The bond is what it is. The mcap does not reflect LCCM as an asset, but rather a liability until such time that it becomes an asset or is proven/sold or removed from our portfolio. We do not own any land in Cornwall. Just the mining rights and deals will need to be struck with landowners, if that time comes. The income is Cobre and that has just improved greatly. We are currently and recently "in profit" thanks to Cobre and the income is what sets SML aside from small miners with zero income. There is a chance good news will send this the right way now that we have income to do something again without bleeding the already drained LTH. The BoD raised us up and then dropped us deeper than when they took over. They can do it again this time with more income or they can lifestyle it. Many of us are not here to regain losses and a light has just started shining at the end of the tunnel. Still plenty of time to get it right or wrong.
Well money is quite safe as long as the site is maintained.
A bond partner to stump up the cash to get this going, quite an element of risk for them, that's going to cost.
What do sml have to put into the pot?
Leasing the equipment?
The bond was indeed a chunk, thats why a partnership is being sort so the partner can see to that. With all metals going up as they are it should be getting easier to complete
From what I read, private investors not been told the bond would be multi millions of dollars??
Where's that coming from, dilution at this level??
What was the bonus for??
now we have not had confirmation our copper is economically leachable . just the say so from the seller to jo on a past video clip .
we do not have the environmental bond to use leaching
nor the permit
it’s a **** show of the highest degree
If I understand this correctly, sml have a shovel ready copper project and copper prices are going through the roof
What gives?!?!?
I would love more than anything for sml to come good , but decisions taken by the bod for things like pay day loans are nothing short of embarrassing .
Come on would you pay 12 per cent on any debt , it shouts desperation .
Neither member of the bod have what it takes to progress sml
New bod new start
Slurm, He’s entertainment value, if only for his child-like - yet smile-making - posts.
Bitcoin, you have gone from ridiculously positive to the boards doom and gloom, yet now than your positive period there is actually stuff going on and way more hope for recovery. I dont get why you were so positive when things were bad?
mms have no appetite for these shares... look at todays volume.....
the next rns will be another pay day loan to pay alan brooms bonus for introducing his loan shark mate to jp..
**** show... the price here is manipulated £10 k of sales and it will be down to 15p.... another £10k and 11p...
Prop is clearly on Drugs.... good on you .. LSD I expect no jumping off cliffs
They ain’t having mine - I’ll consider relinquishing some at 3p-plus.
An MM needs shares and RNS lodged if you believe that sort of thing.