RE: Re: SP/ MCap19 Jun 2025 09:27
What SML is able to offer, which most on AIM cannot, is a steady (and growing) income/profit from cobre (access to stockpile extended until 31 March 2029) which basically funds all day to day running costs. In addition to this the company has secured funding to continue to explore the potential of tin & tungsten at Redmoor with the objecxtive of an updated the JORC by Q1 next year. This will surely confirm that Redmoor is a world class project and bring the day closer to when SML, or more likely, a Major takes it off our hands for a price that will dwarf our current mcap (sub £6M). With new leadership I think we can look forward to the future with a lot more confidence.....
The influx of funds from the sale of LCCM will be a help too!