Member Info for Lupidog

"The value of that little lot today is Us$2.3 Billion."
Exactly why I think a re-rate is long overdue. A dead salesperson couldn't fail to sell this.

Thank you. So we have 26980T of copper at 85% recoverable. So we have $160.5m of recoverable product (excluding costs) in copper alone and that in not even the main event. All that in just one of our 100% owned assets and we sit with a £8m mcap? In the words (almost) of the Kaiser Chiefs. I predict a re-rate.

Pat. A broken clock is right twice a day. Your time will come. Things are different with the deal being signed. The only reason i can see for this not re-rating yet was the warrants and sentiment. The deal is signed and the Market will overcome the ill sentiment. When that happens we re-rate and move forward. Hold tight as when it happens it happens fast. Copper supply is failing to meet demand and China is in panic buying mode.

Cornish. Could you please extrapolate from the RNS's how much copper we have at Redmoor? It's in mining speak and I am more oil based.

"Production from the world's largest copper mine, BHP Group's Escondida in northern Chile, is expected to tumble by between 13% and 21% in fiscal 2021 as grades decline."
The perfect storm. Supply falters and demand surges with exponential growth expected for the foreseeable future.

"Production from the world's largest copper mine, BHP Group's Escondida in northern Chile, is expected to tumble by between 13% and 21% in fiscal 2021 as grades decline."
The perfect storm. Supply falters and demand surges with exponential growth expected for the foreseeable future.

Gonna get me an Austin Copper :)

If only we had copper in our portfolio....

Check out the global stock levels: http://www.kitcometals.com/charts/lmewarehouse.html

It's such a nice day outside and in here.

Look at the copper stock levels. One pictures says a thousand words and many millions of dollars. http://www.kitcometals.com/charts/lmewarehouse.html

What does 3 mean?

Yes as those hybrid cars will need to be replaced with pure electric ones. More copper motors and charging infrastructure. LCCM will only become more and more profitable as copper surges due to inability to supply the demand. More profit from LCCM means a higher share price for us. That coupled with the ability to progress/sell/get bought out on Redmoor make for a very financially rewarding short and longer term. We sit below audited asset price on two of the more wanted global commodities.

Pooh Pooh Fira. We may well get bought out due to our Tungsten asset. The copper is a bonus from EV heaven. SML is going to make us rich.

Caution pays out nothing. The game changed yesterday and we hold the aces. Re-rate due.

Did you hear the one about the country banning ICE cars from 2030? That copper charging infrastructure needs to start going in tomorrow. This will snowball rapidly. The demands for copper and tungsten will increase exponentially and for a very pleasant change it will be the early bird shareholders who will profit.

Pooh Pooh Fira, Pooh Pooh.

Electric automotive industry will £billions on the line. "Where the beep are we going to get enough Tungsten from to cover the composite".
Small minerals production and development company SML. "Hello could we interest you in one of the largest Tungsten assets globally and 100% owned by us?"
Electric automotive industry will £billions on the line. "How much for the company?".

Now move on to that marvelous metal matrix composite which is Tungsten-Copper. Higher thermal and electrical conductivity, required for faster charging. Less prone to erosion, strong and more machinable and best of all it is light than copper alone. SML has both in two 100% solely owned assets. Wake up Market, wake up. SML is the future. I would not want to be out of this when the penny drops. We are coming to a charger near you soon.

Strangely, I foresee that electric cars will be a double whopper with extra cheese for copper. Electric cars are simply not viable as a means of replacing combustion engines given current technology. A simple calculation of cars in country/required mpg/charging time/charging overcapacity required due to peak hours travel. It is not possible to replace the combustion engine at this time and maintain peoples freedom to travel. We have neither the generating capacity to charge the cars or the space for the number of charging points required away from homes where a point is suitable. Copper will never be able to meet the demand for the infrastructure, let alone the vehicles. As new extended range technology becomes available we will need to replace the older cars = more and more copper.
SML is seriously undervalued and a re-rate is coming soon. We should be around £20m mcap now IMO.

Copper Friday tomorrow. "Total LCCM project pre-tax cash has increased by over US$5m to US$35.4m" and this was done when copper was sub $7k. Serious undervalued we are due a massive re-rate.

How can it not be half full? Any buying will increase the SP. What other company in the world sits below its audited asset price. There is no debt, we have income from Cobre and we fully own two assets of multiple million value. Any buying will see this move north rapidly. We are currently boarding, don't miss the sailing.