Member Info for PaulFG

yeah I think this could be viewed as the final moments of the capitulation - I hesitate to say panic selling, because LW clearly didn't panic but made a calculated decision, but those sales most likely encouraged others to capitulate.
I noted the headlines from the IMF today also about the end of their mission to SL and am cautiously optimistic we'll movement there once Lazard & Clifford Chance enable the Creditor renegotiations.

Heads down...

I agree with sentiments of some others that basically we've said it all, and beyond, here and for the moment the only course of action is to wait or if you can't then dump. I think you see what happens when investors adopt the latter approach it's a fire-sale.
I await fundamental price changing news.

I agree.

Look I think the thing I'm taking away from this great bit of research by DRJJ is that despite posters going down rabbit holes into the depths of hades (understandably) things are ongoing in SL and more specifically within the GSMB.
Frayne himself has said on a couple of occasions that the biggest risk here is that it just takes more time than anticipated.

Personnel in GSMB are probably under a lot of pressure as an identified foreign currency revenue generator for the country and I doubt they're sitting around thinking yeah yeah we'll get to that ...eventually.

pre-covid / pre-country-collapse-into-mayhem world.... lol

true and to be honest I would start month counting from when the GSMB received the 'DFS' - May. So really the major fault for the 'delay' here most probably lies with Frayne and him not kick-assing IHC for getting this done sooner.

Ok so about 4 months
Thanks drjj, good research

Any idea how long it took?

I think he's said all he can
We just have to wait...

Still awaiting component analysis from the drilling too.

LW go out for a walk, you're falling down the rabbit hole here.

Agreed dividend yield from these levels has the potential to be stonking.

Clearly market has been front running this announcement (vis-à-vis delays). Okay not the worst if new timetable is achievable.
The more long term thing which concerns and something there's bugger-all control over is the weather. With climate change now a given, how much is this going to impact operations and guidance going forward?

MF indicated he's targeting enduser offtakers, cutting out the middleman.
I would imagine they have no experience running a mine.
No reason they couldn't retain mining staff though.

Thanks DRJJ, appreciate it - but that's all conjecture at the moment.

However, if they were able to prove up a potential 68yr life of mine that would then start to attract the attention of the likes of Kenmare.

TBH the most positive thing I am taking from this is that the GSMB is still working, albeit at an utter snails pace.

I'd still like to see the component mix of all these drilling results just to see how good they really are.

Interesting W.
"The biggest risk for investors is selling too soon."
On a macro level You can see this now, retail is panicking and selling all over the place but many insiders are buying.

This is a an excellent investment BUT it's a long term buy 'n hold. That strategy is beyond the market right now.

https://www.proactiveinvestors.co.uk/companies/news/984949/capital-metals-is-one-permit-away-from-construction-and-all-set-to-take-advantage-of-a-rising-mineral-sands-market-984949.html?viewSource=TwitterUK

CMET have several IML applications in with GSMB, all submitted years ago I think. But they can only proceed once GSMB have received all required supporting documentation establishing that the mine will stand on its own merits and as economic going concern. The only thing I think they would have been waiting on after the EIA was the independently assessed and signed off DFS. SO I'd guess bugger-all happened as regards this application until they got this.