Member Info for Lupidog

MullaneyJ13 - I have been here since 2016. I hope I know the company inside out. I have generally stoic outlook. I have made good money here twice so far in that time and have been reactive on occasion. I am not a trader and am one of those LTH (if 10 years counts). I honestly think we are currently overpriced. It is not a dig at the company, I think the new BoD have stepped in and done an excellent job. I would be happier at around a £98m mcap currently, which I think can be justified on paper. Just my opinion with 10yers of blood in the SML game. Dont make me out to be anything else, as I am not.

Today's RNS in my opinion, helps to underpin the 3.5p buy in at the last raise (but also sets a precedent for other large/major investors until further financially uplifting news), the increase to and ability raise at that price was the good work of the new BoD. A solid reflection of effort and understanding of the market and sector. The long suffering private LTH have certainly in the main stopped commenting (is this an indication of taking a decent profit, or of taking a win?) I can see this drifting back to that 3.5p figure and fluctuating with day trading in and around that area. I think SML is still in gambling territory, with the odds greatly reduced. I also still hold to my much earlier comments that the next major increase will occur with an upgrade from an inferred resource, to an indicated resource. The West End comedy for that is LCCM (for which we were given a concession area) may end up running longer that Agatha Christie's Mousetrap.

The performance has been transformational. Well done BoD. The current mcap reflects their hard work. I just retired into financial comfort, due to Mr Manners and Co. Much appreciated.

The PFS is compiled using an indicated resource. As you say Prop, not long.

I mentioned that to some disagreement Vampa. IMO the release of the indicated resource will be the money maker.

JohnMichaels, nice post. March 2016 for me. 10 year roller coaster party next month. My take is that the rise is based on increased sentiment due to the change of the BoD, drilling progress, increased return from Cobre, government grants, trade wars increasing prices and good results. Most know my view on LCCM and I expect nothing from there as Cuprum's testing ground for their "revolutionary leaching process", but happy to be proved wrong. I do think the current rise has taken into account the expected (good) MRE findings to a certain extent and that we are just as likely to see a drop as we are to see a rise when published. If they are exceptional we may see a rise, if they are good we may see STH departing and a small drop as they go to hunt elsewhere. Then we should slowly creep up again. As I am of an age where further christmas's are counted in single digits, I would like to see this bought out (one can always hope). I don't think a £200m mcap is outside the bounds of possibility with an outstanding MRE with exceptional indicated resource. Interesingly, when I google "MRE mining" on chrome on my pc, the AI overview lists three example cases, Cornwall Resources being the third example.

Tungstenman

LCCM is not on our books. You use it as a positive and those that do will treat it as an impacting negative if it does not go ahead. If you have LCCM as part of your mcap pricing strategy, then you would expect a drop if the disposal falls flat. It would be nice to get rid of it and recuperate something, but as having been previously written off, it should not negatively impact the mcap. Continually highlighting it may well do if it fails.

The ASX does not show Curpum as being in its upcoming 4-6 week listings. That is where to watch. It it appears, we can assume that something is moving forward.

I wouldn’t price in anything from LCCM, Tungstenman. Treat it as a bonus IF it happens, otherwise you will treat it as a loss if it doesn’t. I hold no expectation from that direction.

Let’s wait until the end of May to see if Leigh Creek is going to give us our initial investment back. As it was written off our books, anything we get is a bonus. Would we have had to raise, if Cuprum had paid as they were supposed to? There is no pending listing visible on the asx, unless they are listing as a separate entity. It would be a nice bonus if they pay at the end of May, but if they don’t it does not impact the books. The last placing was definitively positive. The reasoning sound and a good forward move. We don’t need LCCM, treat it a a possible maybe. If it happens, that’s good. If it doesn’t, then we lost that money a long time ago under a different BoD.

That a PFS brings to the table sinks in. This will rerate.

To all holders. May 2026 bring us the rewards.

Or LCCM news is as leaky as a Labour budget.

Add the total number of shares you have in a stock. Take the total cost of buying those shares (not including trader fees) and divide it by the number of shares. This is the mean price or your average.

Straight to the Filter bin.

Just another 500000 top up. I obviously don’t learn.

"Set your stop losses today!"

Do u have a licence to give investment advice? Another one for the filter box.

They are not games NewOrmy. These are people (some paid, some professional and the occasional sad troll) who have an agenda. Their prime motive being money or self satisfaction. They appear mainly when there is share movement either way to enhance a position and move on when the share movement settles. Very easy to identify and very easy to filter.

Now you are just embarrassing yourself. I guess you forgot to read the rest of the financials. Another purveyor of drivel to the Filter.

2016 here. Thought I would be dead before there was a resurgence.

Good news coming or has the free float been hoovered up. It’s behaving as if we have run out/ running out of available shares.