Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
Amongst shareholders on this site the consensus of opinion seems to be that, you need to watch JP's video at least twice to fully understand what he's actually saying, which is fine for us that are already invested, because we have the need to know about our investment, but investor Joe Bloggs is going to watch it once and come up with a totally different perspective than us.
Ideally if a placing might be required for LCCM because it's bigger/better than expected, then surely you would wait until you actually know it's bigger/better and release both bits of news together, otherwise a "placing" is purely a bit of hypothetical information.
hTTps://www.chaarat.com/wp-content/uploads/2018/11/Chaarat-Investor-Presentation-20-Nov-2018.pdf
Just watched the Proactive interview, that's the most comprehensive amount of information I've ever seen come out of SML, based on that info I think they can sit back and enjoy Tuesday nights get together, I can't personally think of any questions I could ask that they haven't just answered.
Surprised to see this bit, I thought they sacked Mr Fietz last Monday.
NAE Managing Director Gary Fietz commented: “These results continue to indicate the presence of high grades
below the established resource, and show the potential of Redmoor to deliver a larger, higher-grade resource. We
look forward to working towards a significant resource update in Q1 2019.”
Can you imagine being trapped in a room full of people who you have just plied with booze, then have to spend the night justifying what you have done and what you are going to be doing. The main concern to me and no doubt a lot of other investors is Cobre, hence they won't want to spend all night fending off peoples concerns, so I think we will get some sort of news about Cobre before Tuesday.
I can't believe after all my years of trading shares, there are still people who actually think what we write on these BB makes a difference, anyone who still thinks ramping or de-ramping can actually move a share price is living in cuckoo land.
People on here get slagged off by LTH's for actually trading shares, what would be the point in having a stock market if everyone just bought shares and stuck them in a drawer, another thing is, there is always two sides to every story, so just because someone posts what some people might think is a negative post, it doesn't mean they are wrong, it usually means they have dared to ask the question "What if".
A quote from a discussion I had with John Peters after the Cobre RNS debacle.
" I am the caretaker of your money and as such, you are entitled to query anything we say and do"
The worst purchase anyone can make is buying a pair of rose tinted glasses.
Demand for copper will surge over the next five years thanks to China’s huge global lending programme, according to the world’s biggest miner. BHP Billiton has estimated that China’s "belt and road initiative" will generate spending of around $1.3 trillion (£1 trillion) on infrastructure projects by 2023, driving an additional 1.6m tonnes of copper demand. This is equivalent to adding another 7pc to global demand. - Telegraph
I agree ricohrover, in less than 100 days SML's budget for this year comes to an end, good news is even without the big client Cobre still makes us a profit, bad news is it's only enough profit for our day to day running costs, so at this moment in time where is all the money going to come from for the 2019 exploration budget?
Although the client is paying us up front for product they haven't had, in my view that situation can't and won't carry on, if the client had just dumped the contract, they would have had to payout a dam sight more for breach of contract than what they are currently paying, there may be method in their madness who knows.
Plus if there is such a thing as another big client out there, we should have been knocking on their door six months ago, there is enough stock piled material to service two big clients, so even if the original one came back it wouldn't be a problem, even more so if Cobre starts up again which is possible.
To be honest it's not worth the paper it's written on, basically we think we know where there might be some Nickel sulphide, so we will go over the area with a big metal detector and let you know if there is anything there, I can't actually see anything in it that warrants an RNS.
Kapan does seem to fit the vague description we have been given extremely well, my only doubt is that Polymetal also own Lichkvaz which is very close (70klm) to Kapan and seem to work together, I think these two sites are the only ones that Polymetal own in Armenia, hence would they really sell one without the other, plus around 75mi has been invested in Kapan over the past 5 years.
Yes the article didn't explain where they got their information from, it could be that all they have done is taken the reserves and resources figures put out by the various mining companies, what I find strange is that it actually appeared in a Ukrainian metal publication.
Apparently this is what they think is under the ground in Kyrgyzstan.
https://metalukraine.com/2018/07/12/kyrgyzstan-development-of-deposits-to-yield-83-3-billion.html
I can’t see the Resilience Mining shares (c14m) suppressing the share price even if they sell them all in July, no one in their right mind would try dump them all at once and drive the price further down, so no doubt they would just trickle them into the market. Besides our average sells over the past few weeks have been in the region of 12m to18m per week, we are already at about 6.3m sells this week and we are only half way through it, so their c14m shares would just gradually blend in.