Member Info for Lupidog

How, with all of that experience did Brendagate happen?

ADVANCED CHARTING
Alan John Broome, 69
Non-Executive Chairman, Strategic Minerals Plc
Alan John Broome is an Australian businessperson who founded Mustang Energy Plc and who has been the head of 23 different companies. Presently, Mr. Broome holds the position of Non-Executive Chairman at New Age Exploration Ltd., Non-Executive Chairman at Strategic Minerals Plc, Independent Chairman for Ocean Guardian Holdings Ltd., Chairman at Nuenz Ltd., Chairman for Inbye Mining Services Pty Ltd., Chairman at Workpac Group Ltd., Chairman for Crl Energy Ltd., Chairman for M.I. Power Pty Ltd., Independent Non-Executive Chairman of Mustang Energy Plc, Chairman of Amdel Ltd. and Chairman of Intellection Pty Ltd. He is also on the board of The Coal Association of New Zealand, Inc., Austmine Ltd., NEPEAN Transport Equipment Pty Ltd. and Rarus Ltd. and Member of Institute of Materials, Minerals & Mining Ltd., Member of Australasian Institute of Mining & Metallurgy and Member of Institute of Directors in New Zealand, Inc.

In his past career he held the position of Non-Executive Chairman for Walkabout Resources Ltd., Chairman at Buccaneer Energy Ltd., Non-Executive Chairman for Jatcorp Ltd., Chairman of Micromine Pty Ltd., Chairman at Acumine Pty Ltd., Chairman at Austmine Ltd., Chairman of Carbonxt Group Ltd., Managing Director at Australian Coal Industry Research Laboratory, Managing Director at Ampcontrol Pty Ltd., Deputy Chairman & Chief Executive Officer at Heavy Engineering & Infrastructure Action Agenda, Chairman of Waratah Engineering Pty Ltd. and Non-Executive Chairman at Endocoal Ltd.

Endocoal parted ways: https://www.miningmonthly.com/markets/international-coal-news/1301449/broome-resigns-endocoal-board-egm

Buccaneer energy didn't end well: https://www.marketscreener.com/quote/stock/BUCCANEER-ENERGY-LIMITED-10355538/news/Buccaneer-Energy-Limited-USA-Chapter-11-Recognition-in-Australia-18688305/

I now stand at fault. I did not do enough DD on our leadership team. It will take a while to go through all of those companies the impact of our illustrious leaders on each one. Are we just another cash cow to be milked dry or do they bring something of substance to the table we have yet to see?

is going on here?

Does the finance director ring any bells? "Finance director Dean Gallegos told CBD the timing was a coincidence." and then over at Mustang "Mustang Energy PLC Dean Gallegos, Managing Director"

I can't accept DVH, but thank you anyway. Maybe you could step up.

bought out SML at this bargain basement price, who would benefit? No one would believe that we carried out reviews of LCCM and Redmoor to enhance a sale to (almost) ourselves would they. Only a conspiracy theorist you even have an opinion that the SP/mcap is where it is for a reason, wouldn't they. Wouldn't they? So as there is no mention of any acquisition company showing interest in something they know inside and out. As we need money but we are assured that there are 3 (or 4) interested parties for a JV at LCCM, there would be no reason whatsoever to link the two companies other than a coincidental director sharing. So we will wait for the news on LCCM as expected soon and we will wait for a JV announcement on LCCM. Loading please wait...........

Freaky: After selling himself Redmoor, he is probably going to sell himself SML and in doing sell himself Redmoor for second time.

It is the intention of the Board to provide the market an update on the financial analysis shortly after receiving the capital cost review which is expected before the end of September.

Lets hope we all stay healthy that long Sammy.

Just Bravo Zulu on AIM. I bought gold when Covid started to look a menace back in Feb.

No. I don't have confidence at the moment. I will stick with what I have and play elsewhere.

It would be good to see a return of (not on) investment in 12 months. But we do not know the depreciation term attached to any and all equipment. We (the shareholders) do not know if the customer is still willing to take our copper cement and at what price (they may have suffered due to the covid downturn as well)? We do not know the current sale price of any produced copper cement as we do not know the purity. We do not know the associated costs of setting up or running any plant. I really hope LCCM pays us back and more, but I still think the sale of Redmoor would help us "reset" and start again slowly with (hopefully) lessons learnt. LCCM is the distraction, that Hanns Camp was. The little piece of raw meat to keep the lifestyle going. Please BoD prove me wrong.

Sammy I applause your enthusiasm. Could you please explain how the payback of LCCM is less than 12 months? When we don't have a clue as to how much of it we will own or what the profit is after all costs, taxes and outlay? I would put the payback to all outlay in many years rather than 12 months.

i remember why i had you on filter now. Ignorant as always. Bye.

Confidence started going downhill after the "kitchen" saga. Things have never been the same since. Basic errors keep mounting up.

@ ismalia: What you are saying would be illegal. Why don't you report your suspicions of "manipulation for profit or gain" to the FCA?

Our SP is sitting on its assets alone. This is now all about investor confidence in our managements ability to deliver. We have issues that need to be addressed, rather than totally ignored. If there is no trust, there is no investment.