Bottom Line10 Feb 2021 10:44
We invested on the information available. New investors will also invest on the information currently available. Is the current information available correct/misleading/incorrect. IMO it is a mixture of all. I am not inferring that anything is intentional, just that the headline summary on the front page of the website sets the tone and anyone looking to invest would see an immediate discrepancy. The first questions would be "what are we producing, where are we producing and what is the annual profit margin"? The answer would appear to suggest that we are not actually producing, the "where" is a moot point and the profit? Why do they keep having to raise funds if SML is a profitable company? Would a new investor get past this to see or accept the benefits of Redmoor, Cobre, LCCM?
Is this just a small thing? Should we just focus on the bigger picture? Many will not get as far as to look at the bigger picture because of the small things.