RE: Can SML Take Advantage?17 Nov 2022 18:01
The price of copper appeared irrelevant at $5 lb ($10kt). Without a PEPR we could not get anyone onboard at the copper high. We still do not have anything other than an Oxide PEPR and we have allegedly have interested parties in our "data room". The breakdown we have shows that the Oxide PEPR does not support the level of funding being sought. The question must be "Do we have any commercial viable copper"? We have been told we do, but the evidence
(lack of JV, lack of funding and lack of buyout) suggests otherwise. Are we just another AIM lifestyle company (which we are simply refusing to accept) or are the Market, the PI's, the TO specialists, the "data room" analysis's , the Major Global bank, the prospective JV partners and the various other funders ALL missing something out BoD is not?