Oh dear we are doomed,the untruthful totally incompetant BOD have broken Bitcoiner. Early August updates no where to be seen and total contempt for shareholders.
Trough feeding BOD need to fix Bitcoiner or he will dump his 20 million shares.
Still no director buys to instill confidence in shareholders and market.
Please debate,
If Cobre is a well managed profitable asset ,why did they have to do a raise of 700K to buy new machinery. Machinery should be written off every year against tax and the so called profits should be replacing machinery. Did they ever buy the new equipment?
I like Bitcoiners ramping(did well last friday) but needs help as sp going backwards but I am with Fira,feet firmly on the ground until this 100% failure of a BOD turn things around and start respecting shareholders intead of treating us like sh&t.
Last chance saloon for delivery of Pepr has come and gone yet still spouting untruths as update early August non exsistent. The silence is deafening ,a BOD that has had so many chances and failed yet keep taking salaries and bonuses and snubbing shareholders.
Thats it,I've had my rant,will go back in my box and see you at 1 penny in 202!
4 hours in ,no trades,ramping gone quiet,logged on expecting sp to be at least 2p.
Bod once again treating shareholders with contempt,at least have the decency to tell us why no update by early August.
No director buys says it all.
Just catching up with Trojans link, nothing like doing your research Proactive courtesy of reporter Alaistair Fields, excert as follows "
But although believers in tin were a relatively rare breed before the coronavirus crisis hit, MIT wasn’t quite the only one predicting great things. Companies that put their money where their mouth is in regard to tin include Afritin Mining (LON:ATM), Cornish Metals (LON:CUSN), and Strategic Minerals PLC (LON:SML). Not surprisingly, the share prices of all these companies are up significantly over the past 12 months. And there could be plenty more to come."
I'm thinking JP wrote it,share price up significantly,really.
Slurm,
"The mine manager is likely the only one with a clue about meeting the PEPR conditions..."
Are we forgetting we hired experts to do the PEPR and they failed just like this BOD ?
Seriously, how can 3 people be in charge of so many failures,constantly giving misinformation to shareholders still be in a job?
Gravy train rolls on.
Now we know why directors not buying at this level,JP bought in November 2016 at 0.43 p and nearly 5 years later you can buy at this level again.
How much have they siphoned off in wages and bonuses in all their time mis managing SML.
Gauling to think before before being duped into buying LCCM and then acquiring Redmoor that on Cobre alone sp nearly reached 4 p.
I can list most of their failures but struggle to see anything positive that they have achieved.
2 billion shares in issue and gravy train will not be stopping anytime soon.
Did they say they had a juggernauat or was it they went for the shareholder jugular and continue to bleed them dry.
It is absolutely galling to think that an expert team were hired over a year ago to deal with the PEPR yet we still have 7 unresolved issues. They would have had some guidelines to follow when submitting the licence so very disappointing to see we are still not fully approved.
We always knew there would be a security deposit to pay but BOD intentionally kept the amount secret until now.
We need a BOD that is focused on LCCM and Redmoor,not the current trough feeders.
8 points to be addressed before final approval including the little matter of $ 3.7 million deposit(aus). So it looks like been awarded but need the finance to progress it to full approval.
Market totally ignoring it as we do not have the finance and more than expected as a deposit.
Hi Lupi
Nobody buying anyday of the week, a few director buys might show they have faith in what they are doing. I know they own a fair chunk but how many have they actually bought on open market. PW bought a few and JP bought about 20k's worth after getting his massive bonus.
No interest,no momentum for a share that you can "double your money on" in a few weeks.
2 trades today,one been a bigger sell is saying that something is not right here when we are on the cusp of pepr news landing.