Member Info for Croutom

At least we've got a F2F AGM to hold them accountable. They must understand that if they don't get it by that point (2 -3 months after the SLA of the DEM) the AGM will be a pretty uncomfortable one.

I would like to see/hear how specifically they've communicated with them & how they've responded, it would seem odd to press them on a decision 2 months after the DEM's own SLA and the DEM to turn around and say "nah we're gonna need another month or two on this, appreciate we approved 18 last year, but this small PEPR is taking us a whole year"

Hoping we can all hop out with some profits so we can get back into the market when it bounces. Everything is buggered right now

I'm really hoping they're at the DEMs tails every day on the PEPR - they've shot themselves in the foot saying it's going to be imminent (which I assume means within days) with the AGM fast approaching. They really expect this all to be sorted by then

Slurm see my AGM post

Vaulation - comes as a double pointer in this for some reason:

TO REAPPOINT BDO LLP AS AUDITORS OF THE COMPANY AND TO AUTHORISE THE DIRECTORS TO SET THEIR REMUNERATION (A response to this proposal is mandatory)

ShagnrLA - should be able to contact your investment provider (usually through a message portal on your ISA/GIA) to say that you want to register to vote, they'll send you the instructions, mine's with fidelity they responded in like 48 hours.

Need to vote by 1st July

Make sure you vote before 1st of July DVH!

That depends, they need to produce an absolute humdinger of an RNS in the next week or so I'm holding off until 30th of June and then if nothing comes up I'll use my votes accordingly

Bad day in the markets Fira? I agree but I can't let these clowns set thier own remuneration or allot any further shares (IE points 3 & 4)

Just recieved an email about what they're going to discuss at the AGM and what we can vote for, what does everyone think? Options are "FOR, AGAINST or ABSTAIN"

TO RECEIVE AND ADOPT THE COMPANY'S FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2021 (A response to this proposal is mandatory)

TO CONFIRM THE REAPPOINTMENT OF MR JEFFREY HARRISON AS A DIRECTOR (A response to this proposal is mandatory):

TO REAPPOINT BDO LLP AS AUDITORS OF THE COMPANY AND TO AUTHORISE THE DIRECTORS TO SET THEIR REMUNERATION (A response to this proposal is mandatory)

TO AUTHORISE THE DIRECTORS TO ALLOT SHARES IN THE COMPANY AND GRANT RIGHTS TO SUBSCRIBE FOR OR TO CONVERT ANY SECURITY INTO SHARES IN THE COMPANY PERSUANT S551

TO DISAPPLY THE STATUTORY PRE-EMPTION PROVISIONS OF SECTION 561 1 OF THE 2006 ACT IN RELATION TO THE ALLOTMENT OF EQUITY SECURITIES FOR CASH

no point selling out now - we'll just have to wait for this "imminent" news

Make sure to register your shares before the AGM! i've just sorted mine this morning i am definitely going to vote against any further remuneration, but i think we only have a chance if we're all registered (I've got 3.5m shares compared to JP's bucketload

Prop I'm hoping for an acquisition bid - if they're marketing to investment firms now with current market cap it makes sense for the venture capital firm just to buy them outright. I imagine said investment firms are just waiting for external confirmation that what the BODs saying is the truth (DEM PEPR, UK GOV Redmoor). Would be great if an acquisition does take place and switch up the current BOD

Agree doesn't say much - only broad takes I can see in the RNS are announcement of AGM location (looks F2F) in London - I reckon they must be pretty confident of getting the PEPR back before this date - they'll look like idiots otherwise.

"The Annual General Meeting is to be held on Wednesday, 6th of July 2022 at the Yellow Boardroom, Remark Events, 18 Leather Lane, London EC1N 7SU at 10:30 a.m."

Also marketing at an asset level, might be hoping for an acquisition here.

"The Company has continued to market both Redmoor and LCCM at an asset level and has utilised external consultants to attempt to locate suitable investment/operating partners. This process remains ongoing, and Management and the Board continue to follow up on and develop discussions with a number of entities. These discussions have been accelerating as we approach an unconditional PEPR at LCCM and prepare to drill again at Redmoor. This interest reflects the market's growing realisation that the Company has good and appreciating assets"

Besides that all guff - 30 pages of it, drop in revenue at cobre, not sure why they didn't announce the last few months earnings if they've increased, would of put us at ease about last year's drop in revenue

Copper looks like it's here to stay though (if Goldman Sachs' opinion is anything to go by). Tin is also a safe bet

Gorsuch look at how many PEPRs they approved this year (2022) (1) vs how many PEPRs they approved in 2021 (18) & 2020 (28) - what would you call it?

Yeah that huge annual meeting has just finished + they activated a file related to our mining lease earlier this week. Surely they're getting pressured by all mining firms to get through this PEPR queue

Yeah that's approved PEPRs bubble (not in process) - last approval was ages ago, I genuinely feel like there are huge delays at the DEM

https://www.energymining.sa.gov.au/industry/minerals-and-mining/mining/operational-information/peprs see list here PC2R

Also as mentioned - only one ML PEPR has been approved/processed all year (back in Feb) which makes me a bit more optimistic. I feel like the PEPR approval process has slowed down massively due to a number of side projects, new hire for the PEPR department and conferences. Not sure if you saw my post the other day but they did access/change a file relating to our mountain of light mining lease earlier this week... Movement at least!

PC2R - All stuck in on the hope of news being close and not wanting to jump ship and cop that bid offer spread. Sods law I sell out and then a good RNS comes out.

As per my previous post there is a big semi annual DEM conference on this week (ending today) where the prep could of held up usual admin - again just guesswork here.

Funding won't be organised for PEPR approval, but I'm hoping that discussions have been lined up - not like JPs doing anything else!