Member Info for Lupidog

Didn't quite see it that high Prop, unless the news is spectacular. I was more 1 to 1.25. £20m to £25m mcap. Lots of ballons that could pop along the way with the wrong directors decisions. But acheivable with the right decisions.

Still waiting for it to settle arounf .43 before news on Redmoor or LCCM.

So you thought you would come over and push your investment.

Not the warrants per se. It is the lack of regard for sentiment in a market that relies on investor sentiment as well as positive results. We have an annual income of 3.4 m usd. The mcap does not reflect this, purely because of past performance and the need for positive sentiment. We start to regain the positive sentiment and they pull the rug immediately. They are either working to a plan or have learnt nothing over the past 7 years IMO. Either way we pay and they play.

Look at the income stream and timeline. The warrants were not justified for the sake of a couple of weeks. 3 directors not willing to put up the money/buy shares and then expect us to believe that we will see massive growth in 2024. This stinks of lifestyle on the back of our investments.

3.4m usd per annum is 140k usd per fortnight averaged over the year. Why could we not just wait. We have already received the first payment (although no mention of the amount). Why did they have to do this and totally destroy any new sentiment and drive away new investors? There has to be a reason.

Wipe 500k from the sp for the price of 3 new kitchens.

I got on a red eye flight yesterday morning and was thinking that SML has legs and it will rise back to a 0.43 holding pattern before any more good news and that the only thing that would stop this would be another intervention by the BOD to raise funds, rather than just wait, as the income is now coming in every 2weeks. Got to my hotel late last night, logged in this morning and as if by magic they have managed to do it again. Lifestyle is more important than shareholders.

Should make it DVH. This will have legs this week. But never doubt the BoDs ability to snatch defeat from the jaws of victory.

The good news will be proof of Cobre income. That is £5m in the bag, with nothing else taken into account. The mcap should match that without any speculative investment on LCCM or Redmooor. If we have income that will not only be profitable, but also keep the beast of dilution from the door, then we should see a move to our normal holding position of 0.43. If the BoD make the fatal mistake of raising capital on the back of rise due to the Cobre income, then once again it is us that will be diluted. There is no need for it so it should not happen. If it does, it will be the final nail in the coffin for this BoD.

Once there is visible proof of the "new" Cobre income. We should be back to a £5m mcap on that alone. Let's try not to throw too much into the hole that is LCCM.

"Shipments against this order commenced on 16 January 2024 with bi-monthly billing terms and 15-day payment arrangements."

If we get notice of the first payment in a couple of weeks, things may actually start to pick up. Once people have evidence that this is actually happening and is not the usual spin.

Very much so. The new income will not be held onto. It will be spent.

Feb 2016 0.11 – Jan 2017 0.445 - May 1017 3.125

We have the Cobre licence until 2027 and an uplift in takeoff (worth millions). An AIM company with profitable income.

This time we have the Redmoor licence to 18 October 2037. If we prove up the minerals, the licence will be worth millions without progressing further.

LCCM was still a wrong move in my book and has proven to be a liaility not an asset. I want to be proved wrong, but I don't want it to become a moneypit for the Cobre income. It already owes us millions. It we have to cut it loose, I wouldn't lose any sleep.

It went bad at the Kitchen. Then all downhill from there.

ShangrLa, FYI. PM is only available with premium membership, so people may have been notified of your message but not able to read or respond.

Doesn't like my posts today. The truth upsetting anyone?

False pretences (Technically that’s fraud)?

I certainly feel like I have been misled to invest, although I understand there was no pressure on me to invest and feelings (unlike actuality) are my own interpretation of the written and verbal statements versus the reality of outcomes over the years. I won't claim "false pretences". But I will point to a shocking lack of culpability and an equally shocking inability to apologise for the state of share price.

Self regulation on AIM leaves a lot of room to manoeuvrer with little oversight.

Thought of the day found online:

"Sometimes it’s hard or borderline impossible to prove that you were conned out of your money and there may be no legal ground on which to move but if you can prove you were deceived with the direct purpose of taking your money then there may be some legal action that can be pursued. Group action tends to be more successful than singular claims.”

Does it really matter anymore?

The total lack of communication infers that we don't. If they close their eyes, they can't see us.

Why would the push it. We never used the last one we waited ages for.