From July onward ......25 Jun 2021 10:11
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