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https://www.**********.co.uk/articles/vox-sector-special-six-companies-bringing-mining-back-to-the-uk-873e287/

Hopefully we get PEPR approval this week, followed by funding update and Redmoor results in a joint RNS next week. As per my previous post, data from helicopter survey is currently being processed.

https://twitter.com/CornwallRes/status/1635209676240609280?s=20

Data collected by the aerial survey is currently being transcribed by Geotek's boxscan equipment.

https://www.geotek.co.uk/products/boxscan/

My bet is PEPR approval on Wednesday along with update on the aerial survey RNS.

There has to be a turning point in this SP soon with everything going on. Been bouncing between the 0.2 - 0.4p mark for a bloody lifetime. I guess the silver lining of waiting this long is if we can get a decent exit point in the coming weeks there's a lot of good entry points for other stocks atm.

Perhaps, who knows P2CR - my money's buggered one way or the other from that doom & gloom scenario. No point dropping out now IMO and might as well see this through. In AIM every dog has it's day and SML hasn't had a day in 5 years

P2CR we've been told it isn't but it definitely is IMO, even if it's not directly being said by the funder - you just wouldn't fund a project $m's that is still in the middle of getting authorization if you can wait a few weeks to be sure.

I reckon we'll get PEPR approval and then funding a week after if we're at the advanced stages mentioned in the last RNS'

Great post FW and thanks for the summary - I agree and have been told similar thing by the BOD (that current PEPR is not holding up financing) but I can't see how it isn't, even if the investor isn't mentioning it, it's obviously something you'd wait a few weeks to hear back from before going through the final stages.

As you may of seen from my previous posts, there have been a lot of PEPRs submitted in December. The last one was approved a week ago - 01/03 which was submitted on the 16/12 - IE the Friday before the Xmas break for most companies.

Ours was submitted on 29/12 so factoring in most companies are off for Xmas at this time, there's a good chance that it's next in the queue.

Most PEPRs are approved, it's very rare for them to decline and as it's a small project with low acid forming capability in a pre existing mine site it's looking good, but I'll still be relieved when we get that official sign off!

Been something afoot for 3 years bubble!

Got excited then...

As frustrated as I am with it it does just look like there's been a lot of submissions in December that are before ours, which is just carp luck... They haven't skipped past our submission date, so now it just depends on whether the last one approved/submited (on the 16th of December) is the last one before ours (29th of December).

Xmas break meant most companies were out of office at some point over 19th of December - 3rd of Jan meaning there's a good likelihood ours is next.

I do also agree that this copy and paste PEPR took way too long, and shouldn't of been referred to as such, there was obviously way more work to do than was indicated, which is why it had to be submitted separately.

Here's hoping that PEPR approval will be the first in a line of positive RNS' including funding and feedback from the redmoor aerial survey... If it all goes south I'm going to file for a vote of no confidence, if salary was significantly reduced 3 years ago we would be digging by now and in the 2-3ps

SP up? Or just a glitch

https://www.itv.com/news/westcountry/2023-03-01/mystery-of-the-large-round-object-flying-over-cornwall-explained

I suppose any slight mention in the news of SML is a good thing right

Just index trades I believe bubble balancing out on movements of the FTSE AIM all share

Yeah I agree Lupi, I do feel that the last PEPR approved today was quite a big one so might of held up ours

Thanks gorsuch - I've tried to contact them in the past but have been told off by the BOD (directly) as pestering them could result in negative sentiment towards SML & our applications.

I appreciate that they're working through a few applications and from my brief conversations with them I appreciate the DEM are a hard working bunch. As we're still within a 3 month deadline probably best to leave it for now!

Fingers crossed for us all.

Looks like the same guy- Paul, approves all the PEPR's (or has recently) so imagine PEPRs are a one man team, unless he's just the responsible manager in charge and has to auth sign off for a group of admin

Who knows at this point prop, all my estimations have been wrong thus far! Copper is on the up, full project etc I think we'll be in a good place post approval

To be fair this PEPR might of been the thing clogging the sink - $4m bond on this one plus $700k vegetation clearance cost so probably a more substantial project - might move quicker now this one's out the way

Great White Kaolin Project- Andromeda metals. SP up 15% on the news - submitted on 16th December approved today, again can't see if there's anything else ahead of us but least we're a bit closer than we were and they haven't skipped ahead of us in the queue!

https://twitter.com/CornwallRes/status/1630919071939059713?t=00060Qlp5xIX8up8B5nKeg&s=19

Exciting to see technical stuff happening at least. Looks like a serious bit of kit.

Would baffle a few ramblers - they probably think china's adopting new tactics after the spy balloon fail

Agree prop, debt's not a place you want to be right now with interest rates the way they are, could result in the end of some small caps. We'll be taking on debt in some form with the new partner but at least that would be production focused and not exploration like some others.

Copper's looking up again, can't see anything on SARIG/DEM so PEPR hasn't been thrown out the window. PEPR > Finance > (+probably confirmation of a massive Tin/tungsten deposit @ redmoor) = SP ^ 1p+