Member Info for gorsuch

Was it Oates or JP that said, I'm just going out to get a PEPR I may be some time :-)

I think the similarities are obvious, they both headed south for a long time, only difference being Amundsen's was intentional.

""the breweries of Tadcaster need me. Even Samuel Smith's,""

Fira, that brings back memories, I worked at Sam Smiths for a short while after leaving school, many moons ago I used to live in Collingham.

When Richard Corsie sold out to below 3%, we were notified on the 3rd September 2015, an RNS on the 4th September 2015 states that Peter Wale bought shares to take him over the 3% threshold, on the 3rd of September.

Because Peter Wales purchase doesn't appear on director dealings, he built up his stake before been given a directorship.

I sold out completely when the "Brenda's giving us $4 mil" RNS turned up, it sounded like B***S*** and that's exactly what it turned out to be, I sold at 1.70 but like a fool bought back in at 0.60, I've now averaged down to 0.51 so when that turns up I'm gone, I will be happy to just breakeven.

Freaky don't forget Peter Wale and Alan Broome started a company together, when you read what that company (Mustang Energy) does it makes you wonder if SML isn't their target.

Mustang Energy PLC is a Special Purpose Acquisition Company (SPAC), whose shares are listed on the Standard List of the Main Market of the London Stock Exchange, which intends to utilise its strong management experience and relationships to acquire interests in low-cost and low-risk development projects that possess significant undeveloped upside with access to existing infrastructure.

Https://www.londonstockexchange.com/news-article/SML/equity-fundraising/14778574

What shangrla said does make you think, Cobre just ticks along with minimal effort from the BOD on a daily basis, seeing as we pay them for a 5 day working week, just how do they fill their working!!! days?

Lupidog, when I researched MB I came across this company that he and Mr Wale set up, after reading this bit of blurb from their website, I thought the same as you do.

"" Mustang intends to utilise its strong management experience and relationships to acquire interests in low-cost and low-risk development projects that possess significant undeveloped upside with access to existing infrastructure.""

A very good piece of research, I take my hat off to you well done.

""Oh Nickel , have you ever been wrong .......
I am increasing my position from 30m plus shares . You have none.""

One thing I've learnt on forums is to never trust anyone who constantly tells you how many shares they have.
Also you should never discount other peoples opinions, Nickel has a certain track record, that alone should make sensible people think!!

trout, where you say ""the above statement is not true on any metric"" in other words is it the truth or is it a lie? this wouldn't be the first time I've known a BOD try camouflage a lie.

Nobody with so many ties to various companies and institutions can give his best to just one company, as Prop said, he is basically a wage sweeper.

https://www.marketscreener.com/business-leaders/Alan-John-Broome-077Y74-E/biography/

According to John Peters Broome was brought in for his coal expertise!!!

It's not often you see the words Broome and Expertise in the same sentence :-)

https://www.youtube.com/watch?v=pg6OOvct0fY

""values $2m below book have 3 assets , one producing and earning and no debt""
I think we actually only have two assets, neither of which is near producing anything.
Cobre is someone's asset but it certainly is not ours, we just get to use it until we are told otherwise.

The fighting is just over 90 miles from Kapan, that's not far considering there are some field armaments that can fire that distance.

The vast majority of the magnetite that Brenda took was never used, it was delivered to a storage facility and will now be classed as part of her overall assets, I can't see anybody else wanting to buy it, hence the administrators may well tell us we can have it all back as part payment, although the last thing we need right now is more piles of black rock.

Taken from full year 2019 results.

"The Company and the Group's reporting currency is US dollars reflecting that, previously, the Group's revenues, expenses, assets and liabilities were predominately in US currency and, currently, the bulk of revenues continue to be sourced in US" dollars.

The bit I liked was in the interim RNS, they only had a list of 5 corporate highlights to shout about.
One of which was ""Naming of CV Investments as major client at Cobre.""
Talk about stealing my thunder.

Obviously the BOD would be crazy to do a raise at these prices, but if they put a lot of effort and spin into it and used every tip and trick in the book, then they could well get the share price up at a level that makes sense to do a raise, unfortunately none of that scenario is based on any solid foundation, hence after the raise the share price would just tumble again, whilst the BOD spent the next 6 months spending the money.