Member Info for Lupidog

lol barahi, I nearly spat my tea all over my screen.

Let us agree to disagree.

get the share issue RNS out of the way so we can move on. Maybe SP Angel could care to spread their wings and give give N+1 a big kiss and make up. Because one of them is making the other one look pretty unprofessional.

It is human nature that statements like this get the thumbs up, while if the same person were to have said at Xmas that we would have been at 1.6p in April the would have been tarred and feathered. A perfect example of Denial (not aimed at you Davidious, just using the recommends on your post as an example).

Ever since the crack first appeared when RNS 0059H was released. This was swiftly followed up by conflicting time and price targets in following videos and then the massive options. All of a sudden the MM's had what they always look for, Doubt. Every since they have been using it like a lever to widen the crack and here we are.

cp, what I believe is irrelevant to the current SP. The Market doesn't believe, the Market is stating quite openly what it thinks of our purchases over the past year and what value it attaches to them.

"No denial and silence Lupi. SML paid 2.75p as a ************** for CARE tenements and until they are proven up there is no financial measurement other that what is believed to be in the ground." Yes paying over the odds for things appears to be a habit. The Market is not in tune with our pricing strategy.

If I am given something for no capital outlay, along with an interest free loan to take it then to me that's a Freebie. If I have no intention of bringing that something to a point where I have to pay royalties attached to any precondition, then it is still a Freebie. I was given something and I spent $1m bringing it up to a sale-able point and then sold it on for $3m, that is pure genius. Well done RMA, they decided that $2m profit now was worth more to their mining company than any production would return in the short to mid term. Just because you don't like something you shouldn't deny that it happened. That is the way of the Marxist.

Quite a few denial and "can't believe" posts. The SP is where it is after all of the good news. We had decent result from more than a couple of holes at HC and the SP remained stable, options were set and the SP remained stable, we proved up Redmoor as a world class resource and the SP remained stable. The only thing that has changed and seen the drop in SP is LCCM. It needs to pay us back �1.64m with interest before we can break even. 18 months ago, contrary to what some would like to accept. LCCM had no value and was given, yes given to RMA along with an interest free 50k loan to help take it. Yes, I accept that there were condition for royalties on the first production, but without production it was a freebie. They spent $1m making it sale-able and then sold it to us for $3m. Quite a good deal for them and as they are a mining company you have to ask why they sold it on. The Market does not like LCCM in our portfolio, no matter what we may think of it. So, we come to a point where we are now waving "the options" around like MP's waving papers in the House of Commons. The options will save us all. 26 months is a long time and options are notorious for being fixed while commodities ebb and flow with the Markets desires. With increasing regularity, the SP drops (to us poor shareholders it seems almost daily) and we hear no reasoning from those that you put on the pedestal as to why this is. No response, in shape or form to bolster sentiment and rally the troops. No bludgeoning of AIM or questioning of the MM�s. Fear, Uncertainty and Doubt rule the day. There is only one group who can respond to this and give the reassurances needed to banish the FUD and reinstate positive sentiment and clarity.

don't want them. Even a 500k sell goes to NT with Lloyds.

Battery Minerals Company. Is that the same as saying A Salt and Battery Company :P

They are just options barahi. In the past I was granted options in my old company. Sometimes they met the vested target and sometimes they didn't. They are a pointer to where the BoD believe we will be during a given period, but not a guarantee. We have just had a very good example of how things don't always go to the BoD's plan.

mk you need to check the time and date stamp on each trade and compare it with other buys and sells from the same period. It was a sell.

That was a sell.

I don't see LCCM as added value. the Market certainly does not see LCCM as added value as we have been in decline every since. It may prove to be the case in the future, but until we can show that we can do what others have failed to do. It will remain a cost on the P&L.

Very upbeat and excellent interview by Alan, yet the Market screams to opposite. Can the Market really be this wrong?

We are not mining anywhere. We in the process of proving up resources at two of our assets and are looking at ways of making a recent purchase commercially viable, where it wasn't when copper was at the same price a few years ago. We also have revenue from a magnetite spoil site which is subject to a yearly renewal.

Unfortunately, this given moment is important to us shareholders. There are certain time when an SP directly affects the shareholders. This is on of those times. 5-10% is a mark, 20-30% is a good guesstimate. +/- 100% and you may as well be at the races.

That is one way of looking at an investment. It certainly isn't mine. My investment is a business decision. If you wish to support and help grow a company and then give thanks, that is your prerogative. I invest, no one thanks me for the years of hard work for the money I invest to help support and grow a company. The reward, if it comes is a return on the investment. The company does well and we all do well. I currently see the past and present, as we can only speculate on the future. I stay invested as i can see the is a chance on better and future returns. But that is the gamble we all take. Currently I am uncomfortable with the mcap when you look at it against our overall revenue and assets. I am not thanking anyone for our current mcap and am asking why our BoD are so far out (100% or so) on their own estimation or where we should be valued around now.

Surely that is just sound financial sense, filling up your ISA allowance before the next rollover. A good vote of confidence would be a Director purchase or even just a small statement about the recent decline in share price. The https://www.youtube.com/watch?v=u9Dg-g7t2l4 from a normally very vocal BoD does nothing to rebuff the lack of Market confidence.