RE: Numbers look Obvious but not to the Market3 Nov 2024 08:15
Nice summary justdandy and I had been thinking along similar lines over the past couple of weeks. I decided to set aside my (negative) views about JP and focus on the positives of the new Board, expanding cobre sales/profits and the 'potential' of Redmoor and LCCM versus an mcap of just Β£4M. Rather than disposing of my remaining shareholding I found myself purchasing regular small sums, the final one of which was the last trade on Friday afternoon. This rounded up my holding to 20M, well below previous levels but enough to make a difference if the BoD can continue to progress Redmoor and dispose/develop LCCM. The buoyant sales at Cobre was the clinching factor for me as it SHOULD avoid the need to any further dilution of shareholders in the short/medium term just the 'keep the lights on' and pay JP's inflated salary! We now need JP and the BoD to DELIVER for shareholders....