RNS25 Oct 2022 22:21
I had to look Sepiolite up. Although everybody else seems to know what it is, I felt that with shares here, I ought to know. If anybody doesn't know, it's clay used for making Meerschaum pipes for all of those people who like to smoke long clay pipes. In my opinion, it won't make anything like as much as placings do at Sunrise and will join the other unsaleable failures in the bargain basement listed on the website. If you've not looked, do. The silver, I think it was, mine was there too but was given away for commission on sales to the best of my memory. There is a gold mine in Western Australia with decent grades but neither PC nor anybody else pursued it. Several other bits and pieces that nobody wants and which Sepiolite will probably be at home with. The only possibility here is the CS . The demand is there for volcanic ash and Perlite but nothing appears ever to happen. That's why long time holders, me included, complain and justly. Somebody has taken a large quantity of Pozzolan in sample form and it may lead to a fortune starting tomorrow but it may not and Perlite costs a lot but they've
not got a sales team and it could be a winner. Some say it's a lifestyle business but I disagree. It's just a commercial failure.
Fans of the company should go through the history. It's all on record