Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
This is SML we are talking about. The Chairman pops his head up once a year. Chairman and one director involved with other companies and can in no way give 100% to SML. Our financial expert director has yet to secure finance and the BoD are lacking in business communication skills to their own shareholders.
I do feel you are speculating just a little too much Croutom.
It would be good if we had a BoD that inspired confidence, instead of destroying shareholder value.
And there we have it:
"Accordingly, the
Receiver recommends that the Court reject SMG’s claim so that the Receiver’s
assets may be used to repay victims that suffered actual losses as opposed to
alleged lost opportunities to profit. "
Pinnace you are way off with your assessment. You are totally ignoring the steady income from Cobre. Trying to get a lower buy in price is pointless as this is only valuing Cobre.
Croutom, I applaud your optimism. But I would not hold out on LCCM approval this week or this year. Would be nice if it came, to see what if any effect it has on the Markets sentiment on SML. The best we can really hope for is an update requesting further information or wanting confirmation on supplied information. 130 weeks can easily turn into 260 weeks. Anyone heard from our Shepherd, the sheep are asking.