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Hi Preston,
1. it all started to go wrong when a director sold shares as his wife wanted a new kitchen.
2.Dilution
3.Paid over the top for a mine that could not previously be given away.
4.Dilution
5.Brendagate
6.Dilution
7.Cobre sales falling
7.Dodgy dilution of £750,000 for new machinery which we still do not know was purchased.
8.In between all that the lies told to shareholders on many fronts.
9.Where is the oven ready pepr, dragging on now for 5 years for the so called ready to go mine.
10.Im sure there’s other reasons I have forgotten to see sp go from 3 pence down to 0.001 pence.
11 .Director Broome has never invested a penny of his own money here, not even at 0.001 p.
12.JP’s massive bonus
I hope you can get back to where you were pre Brendagate but cannot see it with these charlatans at helm.
The very same Broome, never invested a single cent of his own money in sml but quite happy to award JP his disgusting bonus and then put a podcast out saying why he was entitled to it.JP and PW have invested but taken out a hell of a lot more in salaries than they have put in.
Jubilee Platinum walked away from it weeks before as it was not viable and after Broome’s due diligence from his office chair sml bought it.
Only winners were the lot that sold it to sml, previously could not give it away yet our numpty BOD paid millions for it.
Having read the above paragraphs it all seems far fetched but it is 100% true.
Hi Bitcoiner,
Did you watch programme last night on electric cars,every other country investing in giga battery factories except uk.The one and only one that was coming to fruition Britishvolt collapsed due to uk government failing to give them the promised £120 million loans which in turn would have paved way for further private investment of billions.UK are light years behind other countries in battery production so our world class resources will be staying in the ground for the foreseeable.
Hi DVH
I think he should get a bonus, it’s takes some doing to have never ever met a target and under his watch the sp went from over 3p to 0.0001p. He is 1 in a million and should appreciate his outstanding work.
I think all long term holders here having written off most of their investments in this circus stayed on the off chance that we might recover something.We probably knew that the longer we went on this was going to end in failure and yet again JP lies through his teeth by feeding us more untruths about state of play at lccm.He lied about Brenda and Cobre and has done exactly the same here yet again telling us lccm was shovel ready and a simple paste and copy for pepr.
We have yet agin been taken gor mugs while BO D have pocketed millions.