Member Info for Lupidog

Each to their own. We are due news this most probably this quarter regarding the PEPR and funding to bring a second income stream online. We have held this "bottom" for a long time so this it where we are. We may fluctuate around this mark but this is the Market value and the tangible asset value. We have an income stream of circa $3m pa and we have an mcap that will respond to the slightest interest or PEPR news. If I had been watching this share from a non holding position since 2016, I would be asserting that this is the time to buy, not sell.

We will do this Q IMO. PEPR and funding, watch this space.

Just filter them. Don't give them your air time. If they are invested they are actively trying to destroy their own investment. If they are not invested, they have nothing to say to investors.

While we are remembering DVH. I believe I mentioned that IMO with the PEPR and funding, an mcap of £30m (1.5 to 1.8p) wouldn't be unreasonable. I still hold based on that opinion.

As shareholders we get reactive to the sp and project our unhappiness with the performance of the BoD. We often forget the labors of those at Cobre whose carry out Stirling work for the company and therefore for us. Carry on the good work guys and Thank you.

H. Magnetite
Based upon his investigation, the Receiver believes that Brenda Smith is no
longer in possession of any magnetite concentrate. The Receiver believes that the
magnetite owned by Smith has since been sold or disposed of by third parties. The
Receiver is evaluating potential claims in connection with the disposition of this
property, for which Smith paid substantial funds.

Hi gorsuch. Do you think this is another case of them not updating to say "completed" or will it only say that once they have made a decision on our response?

https://map.sarig.sa.gov.au/MapViewer/StartUp/?siteParams=ApplicationStatusWidget
MPEPR2020/032
Leigh Creek Copper Mine Pty Ltd
Assessment
Target completion
17/04/2021

Will check again tomorrow and see if the date is "rolling" or static.

We are where we are. We are waiting for a response from the SA Gov. If the response is to award the PEPR, we move forward and should tick up. If the response is a request for more info, we have been waiting a year so the price should be stable. It would be out of sync with the SA Gov's backing of mining for us to be refused.

I agree that they should be depreciating the equipment, which is standard business practice.

P2CR - It may be a tad disingenuous to describe texts a "in writing". "In writing" rarely means that anymore. Emails, texts, typing, etc. could and more often than not are labelled as "in writing". However it was never likely to be a handwritten letter. When someone states on a visible and record-able medium that they are doing something, the options are to accept what they say, refute what they say or investigate further. Even now I am typing "what they say" when they nothing was said verbally. That also is a common term with extended meaning. We are all left with our own interpretation of that which is presented to us. The one thing that stands out blatantly for all textual formats, is that we have no idea how they were meant to be taken as we cannot remotely judge the emotions, facial expressions or original context. Having received texts, did they "have it in writing"? We each must make our own best assumption based on current and trending definitions.

My interpretation of the statement below would be that unless more information is requested by the SA Gov, we have responded with what was requested of us.

"It is the Board's view that this is likely to be the final submission required for approval and that this is likely to occur in the second quarter of 2021."

And if he is not correct? The easy way is to simply email JP and ask, if you are unsure.

Have you checked with JP before you threw those stones? The RNS is quite clear and the sarig map has been missing information before. It would be better to talk to the parties involved to find the correct information. JP has always responded to emails.
"It is the Board's view that this is likely to be the final submission required for approval and that this is likely to occur in the second quarter of 2021."

"It is the Board's view that this is likely to be the final submission required for approval and that this is likely to occur in the second quarter of 2021."

any moment it will start to tick up. A nice steady rise to acknowledge we are progressing towards PEPR /funding and production at LCCM in the near future. Then throwing stones will be to late.

Which is why we should firm up the resource and sell it IMO.

to the moment the PEPR is awarded. The funding must be ready to confirm with the proviso of the PEPR and we should be able to go straight at getting ready for production. A lot must already be in place, as the time should have been spent productively readying for this moment. Blue days ahead?

It tends to run into abuse, for which their is no excuse. If there is an issue, then state the problem without being abusive and try to find resolution. Abuse devalues any point or argument.

Production from LCCM takes us into the realm of owner producer, unlike Cobre. 1t copper cement @70%cu = $6125usd.
Circa $6125usd/t. Now start adding the production rate pcm to that. I would say we may well be a tad undervalued, on speculation that we will get the PEPR and funding. This makes 0.425p seem almost comical if we can move to production this year. Interesting times.

It is two steps in the right direction for PI's. One that the PEPR response has been sent and the other that we are getting communication to that effect. Thank you Bod.
IMO the second income stream from production on PEPR approval and funding should see us circa £30m mcap.