Lupi,
Don't forget the Due Diligence carried out by Sheperd Broome on lccm,near term asset ,could not be given away previously. Jubilee Platinum(a properly run company) walked away a month before SML bought it as it was not viable.
Until we get rid of JP and AB who continue to be rewarded for abject failures we are going to struggle.
This BOD are abject failures in business,no morals as they continue to bleed the company dry with their excessive salaries .700k to keep cobre going and how many millions have they now put into the near term asset.Only thing they are good at is dilution,gravy train rolls on.
Fira,
'"Forgot any time constraints and missed deadlines"
In the beginning they could be but every single deadline missed and mis leading investors in podcasts and in black and white in RNS's cannot be .
P2CR,
Good point, proper DD will be taking place or has taken place forom the bank unlike the DD that AB carried out where SML bought a mine that could not be given away previously.
Jubilee Platinum walked away a few months before as it was not viable but our clowns bought it a few weeks later. It is only by sheer luck on their part and sky high cooper prices it might be viable.
Stuck in the muck created by deceitful BOD bitcoiner,send me a pair of your rose tinted specs so that I can see what you are seeing.
Near term asset 3 years on and gravy train rolls on.
New management needed to give us half a chance,JP well rewarded over the years for his failures and blatant lies in rns's.
Bitcioner
You are right,I have been looking in that rear view mirror for over 4 years for that juggernaut of cash we were promised.All I am seeing in that mirror is a muck spreader with all the verbal diarrhea that JP spouts.
Come on Bitcoiner,weeks and weeks of ramping and we are going backwards,must try harder.
JP using PEPR as an excuse to start up LCCM as he has no finance in place, any competently run company would be pushing to get this licence past (we are paying experts to deal with it) when copper prices are so high.
JP is a total failure and contradicts and lies in every RNS,he should step aside and let somebody who knows what they are doing run the company.
Hi Fira
It's difficult to say would they have spent so much of OUR money to get it this far down the line.Money spent on so called experts to deal with licence applications and they did not get it passed yet.Money on a mine manager is baffling as we are not mining jack sh*t.How can you put your trust in any of them,time and time again they have failed and the early August update is fundamentally shocking,to keep silent 6 weeks after promised update is worrying and total contempt for shareholders who pay these morons wages.