Member Info for FreakyZebra

And the conspiracy minded here might a really think the board put a stop to all dev on lccm precisely because of this reason. They knew it wasn't worth progressing until such a time when the commodity stars aligned. At this rate copper will be 4$ before the end of the year.

There is no way in 9 years his EV dream is going to be a reality, well not for me. I for one will drive good old fashioned analog cars until I die. The electric requirement in cars has nothing to do with running an engine, its there to run all the electrical components used for collecting data, which dont run on oil.

PW should be running this company end of story, been saying this for years, he is the only one that has his integrity and intellect still intact. He buys more frequently on the open market and is supporting the company with his own money on almost every raise. He communicates calmly and clearly. I'm not at all surprised they wheel him out on the bad news. I'm sure once there is a sniff of positive news the old guard will be back.

The biggest positive change in sentiment would be an RNS saying Peter Wale has taken over the leadership of SML. Even better, add taking a token salary of £1 until LCCM is operational. That would get investors looking seriously at what SML has to offer that is for sure. If he believes its just a question of when LCCM is operational and not if... then no problem with that Peter, put your balls on the line and deliver it.

On the other hand, I've heard it all too many times before. If they hit their warrant target with the existing management in tack I will be gone in a flash and will not look back.

https://www.lse.co.uk/rns/SML/leigh-creek-production-and-resource-update-73um4ko1rj89sac.html

Who remembers this back in the heady days of 1.7-2p. This was the beginning of the cover story for leigh creek:

· First tonne of copper production in a cement product (approximately 70% Cu) completed at the Mountain of Light processing plant.

· Reactivation of existing heap leach pads with the completion of turning over of the pad material, irrigation with diluted sulphuric acid, and successful activation of the copper sulphate solution with iron through the twin Kennecott cones.
"The feasibility study for the commencement of full-scale production from Paltridge North and Rosmann East, and submissions associated with government approvals for mining these areas, are well advanced and scheduled to be completed in Q3 2019."

" The irrigation of the heap leach pads commenced on 8th April 2019 with initial copper cement production occurring on the same day."

From this point on nothing has been done, except to push paper around. A monumental failure and they are still pushing it. It didn't work when they bought it and it doesn't work 2 years after.

Now it needs more cash and multiple JV partners are interested. Except they aren't interested just yet... no we need an Aussie listing now, yes that will help polish the turd the company bought; for a knock down sale price I might add, which naturally they pumped up the value when they realised how much of a "bargain" it was.

Dont forget guys it was top of JP's list for years, I mean until the next thing came along, like 50% of nothing, you know his mate AB with the nudge and a wink. Meanwhile in the background, this American woman kept sending text messages about some deal they had, promising JP that there is a pot of gold at the end of the rainbow, he decided to let the shareholders know, that the pot was just over the hill; he was so sure of it.

Time passed and JP was stood up by this American women, he was about to call it quits when AB popped round and said "we had a deal remember", JP being the good honest man he is, went to his bosses; you know, us shareholders ...."I've seen the pot of gold myself, its there, its just a bit of a stretch right now, I'm tired and I've got this other sweet deal for us. Give me some money so I can make a really good deal, you will thank me later, besides I'm the dealmaker its my specialist area, I know what Im doing".

Later it transpired that LC was a failure, the American woman was a fraud, Hanns Camp never happened and AB is sitting pretty starting up another company and cant seem to recollect what Strategic Minerals was all about, he just gets shares every so often without paying for them. Peter Wale tries to stay out of all the drama and always has his wallet to hand, what a good guy it but when you hang around bull **** you are gonna attract flies, good guys turn bad.

Who in their right mind is going to lend money to a company that runs cap in hand to shareholders to pay the bills? THe company cant even pay its staff.

Im on the cusp, frankly more chance of Bitcoin going to 100K than SML getting anything out of LC.

Many of us were in support indeed. Sadly our recent new born again investors aren't on board with it. Apparently their investment is going to make millions. The price only has to go up 10 times, on no substance.

Proactive is a crock of **** lets be honest. Staged and paid for by companies. No difficult questions and no real answers. No doubt the board will find a way to avoid an AGM again in 21.

Can PW just take control of this company and clear out the dinosaurs...

Clearly they need more shovels to feed the pigs.

Probably miffed he's bought in and effectively paid to keep Alan Broome and John Peters "in the game"

From our salesman in the latest cobre update.

Strategic Minerals, said:

"Sales at Cobre continue to show excellent annual growth providing the Company the opportunity to repay outstanding liabilities and benefit from surplus cash generated from operations."

Just another example of misleading information put out by the BoD. Where has the money gone, they over a quarter of a mil in sept. They sell around 600 to 700k a quarter at cobre. Where has the money gone.

Another placing, surprise surprise John Peters. Now about that bonus? Apparently cover keeps the lights on and everything ticking over? We obviously not then.

The supply is just not there and stocks are dwindling, metals are finally going to have their moment. World is coming back online, demand is rising and the world has stopped exploring for the most part of the year. 21 is going to be a boon for metals.

Feels like an ATH.

Wouldn't worry about the debt, the amount of money printing is exponential, the world monetary situation has too far gone to do anything else except print more or rebase the entire financial system. I think I'll go with exponential printing for the time being. All of this is going to flow into assets and commodities. Just my 2c.

Thankfully I'm glad I went overweight in CAML. May well just recoup the deficit I have with SML. More chance of that doubling in 2 years than here. Now theres a BoD to follow and lessons on how to communicate to shareholders, even when **** happens.

If only we had some cooper to sell.

BTC is the new gold. They are decoupling. Gold down BTC up and up.