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Yep we'll see tomorrow, if there was a reason to sell there'll be an RNS tomorrow - otherwise just coincidental. I take it more buys than sells today (based on quantity of separate transactions) means that the consensus is no news atm

Luton, managed to get Ryanair flights for £25 return, went out Sat evening came back on the Tuesday evening, so timings were a bit awkward, still less than the cost of a train from London to Winchester which is crazy.

I would really recommend Seville, great city. Also amazing restaurant there called Espacio Eslava there which is my no 1 recommendation

Nice BB - I was in Seville about 2 weeks ago - gorgeous city. Lots of sangria and good tapas. Agreed though, plus big sells normally result in JP releasing an RNS, which I forecast for Friday

Based on 2 sells? not enough movement to show that the markets on to something - I have checked SARIG thoroughly this morning and absolutely no indication of movement on the PEPR/application. The sell could be someone sick of waiting, or wanting to take money out of their ISA to pay their exuberant energy bill/fill up thier car

might be going insane with using the system every day though

I just can't believe that someone would rather cop that nasty bid offer spread rather than wait for news

Someone else that uses SARIG might be able to tell me - has this always been the name of the PEPR associated with our ML? I feel like it's changed today/yesterday. Also date started & end date on the completion of assessment has changed

Big sell - someone sick of waiting obvs, can't see any changes on SARIG - might kick the chuckle brothers into action

Frustrating thing is it could be any day now... Keep looking at that RNS notification every morning.

I anticipate PEPR RNS would come first followed by an update on JV partner/terms after further discussions have been had around what kind of PEPR has come out of the oven - imagine we'll need both together for any significant move.

Maybe a PEPR pig one?

also lets not forget... global requirements for copper - not just the UK

Energy oil/gas crisis will increase demand to move to renewables and ween off dependency on Russian supply within EU. Current astronomical petrol prices will sway more people to EV's in the retail sector. Copper will bounce back over the next months IMO

Again IMO

Lorna Doone contains the majority of the projects oxide resource - about 17,000 tonnes of Cu compared to MOL's 5,100 so maybe assessing future feasibility of the whole project based on oxide only?

Sorry Gorsuch forgot to say "IMO" both files are referenced under LCCM Pty ltd who are owned by SML

I think next week, probs Thurs/Friday - Phoenix copper a neighbouring mine got a response 2 weeks after their PEPR came back from Ab affairs which we’re just over now (our response came back on 28/04) the fact that the DEM went through related LCCM documents today is promising - shows that there’s activity on the case:

https://sarigbasis.pir.sa.gov.au/WebtopEw/ws/samref/sarig1/wci/Record?r=0&m=1&w=catno=2037842
https://sarigbasis.pir.sa.gov.au/WebtopEw/ws/samref/sarig1/wci/Record?r=0&m=1&w=catno=2040425

I looked through these docs earlier – one thing I noted is that on the second document (2040425) page 33 environmental impacts all scored “Low” – the fact that this document is being accessed means that the DEM are using it for reference.

Survey was originally carried out by a man called David Larsen (Terra Consulting)

https://www.linkedin.com/in/david-larsen-88b48216/?originalSubdomain=au

He’s been endorsed by 42 people on Linkedin for various geological skills so I assume his report is sound.

If they get a response they have to publish it ASAP as it affects SP, regardless of what the market’s doing

Hence "lucky" it's clear as mud what our entitlement is

big claims from lots of companies - about $6.8m net of fees in the account currently, some more assets to come in - i think we'll be lucky to get a $mil from this

Bit of movement on Sarig today - both articles below relate to SML & LCCM, looks like DEM are going through the historical articles and reports related to the project.

If you look at date last changed = 13/05/2022

https://sarigbasis.pir.sa.gov.au/WebtopEw/ws/samref/sarig1/wci/Record?r=0&m=1&w=catno=2037842
https://sarigbasis.pir.sa.gov.au/WebtopEw/ws/samref/sarig1/wci/Record?r=0&m=1&w=catno=2040425

Lupi - i find it helpful to read your commentary as it helps to balance out my optimism with reality - otherwise I would of likely chucked in more than i was comfortable with - if all i had to go by was the spin of the BOD. Fingers crossed that the next RNS results in us making a decent exit point for us all.