Member Info for mkwarriors

Jp mentioned being in advanced talks regarding funding. Ie "people coming in on some sort of pre payment " could LCCM off take customer adchem be about to stump up some cash pre delivery?

Lccm by year end

It would be nice for Jp to give us an xmas pressi, yes there wasn't the expected amount of copper in the existing heaps but there must be enough copper that can be sold which is extra revenue

Cant be many left now, only the really long term holders and if they didn't sell at the top I can't see them selling now

I remember the cobalt was found at either end of the tenement. I remember Googling cobalt and noted it wasn't normally found in small areas

Whatever happened to the cobalt we found ?

Did you not know lccm is worth $1 billion

Cant believe we are now struggling to stay above .625p, this company is still in a much better position than it was 3yrs ago when we had nothing like we have today and a the share price hit 3.5p

Some truth about what is going on that coincides with a large purchase from him may give us a well deserved boost

Surely there must be something that Jp can say or do to arrest this falling sp.
I dont think anyone on here has any idea of when lccm is likely to be producing revenue from copper cement, or indeed anything that is actually happening there. Surely there is an update that can be put out to give us a clear timescale of what is happening.
Or JP buy a bl**dy big chunk of shares on the open market to give us some confidence as you stated you would

My buy was red yesterday

Me too, just hope it all turns out ok. There has to be upside from here but it is aim so who knows

Decuded to buy back in as it seems to have stabilized. My buy showing as a sell tho

People have been mentioning earlier that they think lccm is mothballed, just thought I'd put them straight ( cant remember who it was, so many posts today)

Asked the about lccm a little while back (3 ish weeks), I was concerned about the amount spent on it and the significant amount still required with no real feed back as to what is going on. Got the reply that whilst most is market sensitive and cant be disclosed, they are working on a way forward although not yet finalized, they could just mothball but prefer not to.
So it would seem lccm is still en route to being operational but I recon that due to the existing heaps not having to copper that was first thought to sell they have had to re think and get funding from elsewhere.

But wasn't that our responsibility to check whilst doing the due diligence?

Is anyone concerned by the lack of copper that was thought to be in the existing heaps?

What is going to get this to bounce at the moment? Director buy suggests no news is due that they are aware of. We need news of lccm production or new cobre customer.

Yes its peter Wale

No, that was not tongue in cheek. I think it was posted that we have spent 1.8mil so far which is a significant amount of cash, there has been no rns to say on what it was spent and in an email last week it was said to still require a significant amount.