RE: DB always a bit more upbeat25 May 2021 13:13
kenniGT......I have done a lot of in depth research over the years. I believe I have a good insight into the long term measures that S & S are pursuing, and at present not all in the garden is rosy. We will soon see how rosy in the Annual accounts due shortly. The companies involved with S & S (some private limited) are becoming more numerous as the years pass by and it will not end soon. California was included as they know that production is a certainty there, so is a good addition to be able to say to punters 'we are making money'. However it will be many years, if any, where sufficient profits are generated to pay back the initial capital costs and the expensive clean up which will follow.
That they have put so much into West Newton that it must be a worry to them, in case it's not a Commercial success. Hence the 'need' to become involved in more and more other companies, as an insurance hedge.
They are very clever operators and I hope they are successful. But be under no illusions, making money for you and I is nowhere near the front of their thoughts. For a new potential investor I say this, spend a few days (not hours) to put together a picture of Reabold Resources the parent, and its many 'offspring'.
OMO and G.L.