Member Info for Lupidog

gorsuch/blacksheep15

I think you are mistaken. The evidence points totally the opposite way.
In APRIL I communicated with SARIG and asked "When I query the status of this PEPR it shows that there is an outstanding information request as per the image below."
Their response was "Strategic Minerals have provided updated documents/reports in response to the government’s request for further information. These documents are in draft format and are currently being revised by the government for adequacy, with the formal MPEPER 2020/032 submission to follow".

I personally believe that part of their response "SARIG will be updated once the formal PEPR submission is received." Means that the response has been checked for adequacy and approved. I think that the reason SARIG has been updated is that the Draft submission is complete and that the formal submission is imminent. This will just be a signature exercise as the draft is approved. This is only my opinion based on all available evidence. Any of you can contact SARIG as I did to confirm the process.
I did not realise that you could not receive personal messages.

as I believe this will come good. But the board is just too negative and life is too short to read this every day. Every day for over 18 months. Every single day. I am sure my leaving will bring some small comfort to a few of the more relentless negative posters, but please be assured that it will not be as much as the comfort gained by not watching you relive your self serving misery day in and day out. You just can't help some people to help themselves.

Sayonara

focusing on the positives, rather than drowning in the negatives we cannot change? LCCM PEPR is with SA, Energy and Mining (unless there are discussions we are not aware of). Copper still above $10k. Magnetite surging $212, up from $171 on the 1st of March, Q2 is looking good for a bumper income. The mourning period should be capped at 6 months. 18 months of mourning, wailing, beating of heads and throwing stones is moving into therapy territory akin to self-harming. I think whatever the points are, they have been made many times over. The future looks bright, everything is falling into place and we are positioned to take advantage. The PEPR is the make or break. You can speculate either way, but you would only put money in now if you thought the deck was stacked in our favour. If you’re here to break even on a past investment you hope must also lie with the PEPR as if you thought it would not be approved you would cut your losses and run. If you are here because you didn’t sell at 3p, 2p,1p, etc, why not? You could have.
We have a few conversations which need to be brought up at the AGM about statements and consequential actions. About transparency and information and certainly about rewarding decreased shareholder value and performance. But that is for the AGM. I am sure that the BoD read this platform (or at least used too). I suspect they know current sentiment held by each poster, both as an identifiable individual or as someone hiding behind the anonymity of the internet. Surely this would better served in a two way discussion rather than the current one way turkey shoot. But, each to their own.
My money is on the PEPR being approved and LCCM moving to production at Paltridge North. Sooner rather than later would certainly be nice. But we were given a timeframe of “likely to occur in the second quarter of 2021”. Not one of us can fail to see “likely” and we should all be intelligent enough to be able to understand the definition. We don’t need to wait long to find out if “likely” is promoted to definitely or if it rolls over into Q3. Fingers crossed and good luck all.

The Cobre sales figures for Q2 should be excellent (if the same volume has continued to be shifted). The price of Magnetite has risen dramatically in May. Going good guys, your efforts are to be commended.
LCCM has the Paltridge North PEPR looming and Copper has managed to recover to back over $10k, after its small hiccup earlier last week.
Will we see any added interest in Redmoor as it shines in the afterglow of the G7?
Now is a good time to start to see a tick up in anticipation. Some confidence from the Market maybe?
It's about time we had a new Proactive, spelling out exactly what we have, where we have it and at what stage it is all at. £11m mcap is not matching the news, statements, valuations and revenue.

Interesting Times.

https://www.cornwallresources.com/

Quite a conundrum. I suspect that once the PEPR is approved and we re-rate significantly, my investment strategy will change. Currently looking to slice a few at 1.5p, but the lure of Redmoor for the rest will be seductive. It all seems so straight forward now, however when there is a second income stream of a magnitude to progress Redmoor the Siren may well have me and many like me. I am encouraged that no one has contradicted my numbers, but wish they would check and convey their own calculations based on the LCCM Paltridge North figures published. It wouldn't do to have underestimated.

Certainly not beyond the realms of possibility.

14 trading days, 84 Duck days, 140 Dog days and 811 investor days if you include when we were meant to have started production.

We will hear news on the Key to Redmoor within the next few week. The money to unlocking the "billion" is in the ground at LCCM.

This needs to be on GB News when it launches. Not on 200 views on you tube. It needs to be out there.

All for an mcap of £10m.

1:12:50 "close to a billion dollars worth of revenue".

Excellent video thank you. I love the "very, very exciting prospect" starting at 1:05:50.

They can list Cornwall Resources on AIM and/or Leigh Creek Copper Mine Pty Ltd on ASX. I don't mind I like free shares. As Mr Dylan once wrote 'There must some way out of here'. Once we find that way the journey should become more enjoyable.

A good finance deal to our advantage, certainly. Don't want to give too much of it away.

One fine morning we will log on and be pleasantly surprised.

the glitch in the filter which occasionally allows me too see the posts of people filtered.

Poster was upper management of oil and gas company and negotiated such contracts and licences with the major oil companies and governments. Poster understands how this works. Poster also has contacts and friends in mining in Australia.

I do tend to fall over where Twitter is concerned. I should use it more in regards to my investments. I see twitter as the mouthpiece for the village idiots. We all know that every village had an idiot and people used to humour or ignore them. Then came Twitter and every village idiot was able to communicate with every other village idiot and suddenly from the hundreds of thousands of villages across the planet, the village idiots were able to put forward their ridiculous ideas and support and congratulate each other. Soon Twitter was awash with the surreal and just plain stupid, but back up by positive comments of tens of thousands of village idiots. Soon the line between real, surreal and just plain stupid became blurred and stupid became the norm. If one of the sensible but silent majority spoke out to highlight the ideocracy, they were shouted down, abused and cancelled. Worse was yet to come. A generation of children grew up using social media and accepting the stupid opinions put before them, readily accepting them as fact. Now opinion is fact and fact are cancelled. Stupidity reigns supreme. I tend not to use Twitter.

"We assume"... We know that the response is being checked for adequacy by SA, Energy and Mining.
When I have dealt with large multinational contracts, we kept in constant touch as it is good for all parties to be up to date and as informed as possible. I would like to think the same is happening here and that contact between parties is on a weekly basis. We do have after all, "industry experts" who should be able to talk professionally with government bodies they must know well without compromising any relationship. I believe the BoD know exactly where we are with the PEPR. I have faith in the processes of SA , Energy and Mining, who would highlight any items they may see as an issue and seek redress so that mining may proceed in accordance with the current legislation. If there was a reason to deny the PEPR due to a condition which would never be met, they would have already informed SML.

Looking forward to the next LCCM RNS which should be a game changer. The G7 is almost upon us and I can't find anything yet on either our or Cornwall Resources websites to indicate participation or promotion?