Member Info for FreakyZebra

Over a year since JV was mooted. JP really talks a load of *******s, frankly would prefer he never went on Proactive again. Just stick Peter Wale on to tell us the truth.

Ask for his resignation while you are at it.

Are we there yet? How many more **** ups before these clowns get the boot.

I agree, however I don't believe the BoD will be the first to let us know and its prudent to do any investigating ourselves. A board memeber here forced the BoD's hand on this if you remember.

Further History:

https://www.sec.gov/litigation/complaints/2019/comp-pr2019-162.pdf

Does anyone have further information or links on the progress of Brenda Smith... onl infomration I have is on the case details:

case 1:20-mc-00017
https://www.pacermonitor.com/public/case/35136496/SECURITIES_AND_EXCHANGE_COMMISSION_v_SMITH_et_al

Am wondering if there is more information on the progress since Jul that is out in the wild. There is a long list of companies of hers that have been seized.

The copper price is relevant if you are selling copper. We aren't and are not even close. More blue sky thinking is not what we need to move on from the lingering consequences of the ineffectual management team, who are running this company for their monthly take home and bonuses, not for shareholders.

If only we were actually selling it.

Are we there yet

The reason we are quiet is because there is nothing to talk about. Everything has been said to death and fell on deaf ears sat the AGM. Still we await the mythical JV which was touted last November as being close. Almost one year later and nothing has changed. I am not going to turn my nose at any rise but let's be realistic no one is going to get excited over a shortening of spread whilst we sit at 3 yr lows.

Is this meant to be a deramp?

No point in consolidation, unless you plan to issue yet more shares. Buy back is infinitely more sensible.

The whole board need to buy and instill confidence in their company and their ability to do their job. Issuing 220m shares and not buying any of the subsequent overhang is poor form. In addition you can now buy a healthy amount below placing price.

Whilst I totally have my reservations of the BoD. It is quite obvious there is more upside than downside at these prices. Barring losing Cobre I cannot see this going much lower. If the stars align then 0.4 will be bargain basement levels that we wont see again.

AGM was all waffle. As expected left to PW to back up renumeration. Nothing of substance. Come back when the 3 or 4.... which one was it?? Glad to know our MD has an attention to detail. Waiting game until potential partners come back with a deal worth talking up the SP about.

Definitely A and hoping for a miracle through arbitration.

100% Futures. This is the best course of action. I understand there will be a transition phase but we cannot have the same leadership going forward, we need someone like PW at the helm.

The one thing that would restore shareholders confidence and most likely a dramatic rise in the share price, finally realising some value for shareholders, would be for AB and JP to resign and hand it over to PW to identify suitable replacements or take it on himself. This debacle will take many years to erase from collective memory and can be sped up with a fresh view and cool head on our assets and how we do business, it is not done over text message promises over 37 occasions and then misleading shareholders and the market to get a placing underway. I cannot believe any SML shareholder actually believes AB and JP can pull anything off to save face here, including PW.

Sadly II fear this JV ramp is another text message saying "Don't worry John, we'll sign next week". Given that seems to be the main way JP conducts business, probably on his lunch breaks from teaching "How to sell snake oil and get away with it"

So we have had it ramped from JP they are close to a JV for LCCM. Nearly a year since he first rambled on about it. Don't ever believe a word that comes out of JPs mouth, there is nothing of substance, it is all waffle and hyperbole. Not surprising they wheeled out PW to defend the directors pay and bonuses, no one believes a word they say anymore.

Come on JP where is the substance behind this JV. Or the multiple avenues of funding you were exploring. Or the money that vanished into a black hole raised immediately after the AGM where we were told no money needed...and yet was commented it was raised to provide working capital for LCCM or did you mean pay stupid salaries and bonuses to you and your mates and hide the screw up that was happening with the major client under your leadership?