Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Here’s hoping the BoD can deliver the good news to which JP referred in his latest interview; if all flows positively - second Cobre customer with contract, grant and JV for Redmoor, and JV for Cobre - the 2p-plus level becomes realistically achievable.
Tro, Where do you see the share price landing based on JP’s ebullient comments on the release of imminent good news (from his most-recent Proactive interview)?
Lupi, They have form in crashing a rising share-price.
Tro, The ever-present AIM investor. :-)
Little steps, Lupi - agree with that.
Polio, We thought we knew a lot about the company - until we didn’t! ;-)
Surprised? Of course not: why would our BoD ever want to be questioned about anything to do with the business so that they could expand upon the most-recent RNS - adding context that would entice new investors? They need to plant their comms seed in their own organic phosphate, to grow into roots and branches - it’s still germinating, and needs some oomph.
How would you value a company that is as clear in its comms on its sales, profits , and forecasts of its products as the mud that it mines for its phosphate?
With the investors’ longed-for resignation of Alan Broome, the share would multi-bag.
With one piece of good news to start SML’s New Year’s resolution of publishing positivity to its despondent investors, another three could follow:
1) Another big Cobre customer
2) Cornwall grant for Redmoor
3) Joint-venture partner for Redmoor
4) Leigh Creek approval (can’t remember for what - it’s been over a year!)
5) Joint-venture partner for Leigh Creek
6) And last, but not least, the resignation of the wage-sucker that is Alan Broome
With even two of the first five - number 6 is a pipe-dream - the share-price will shoot up.
Good luck, folks - let’s hope that patiently suffering the years of decline heads us into the 2p-plus territory: with some of those materialising, 2p-plus would be more justifiable than it was at that price - years ago.
I defer you to KOD: a company without any turnover - and with mining dreams in the distant future - valued at £70 million.
Would be more encouraging if the BoD explained in an interview further detail of the deal.
Is next bit of news - and likely to make grim reading.
More like a banger of a headache for us holders. ;-)
Diggit, He deserves your punishment - he obfuscated the poor reality of the situation.
Where has the BoD found a magic-money tree to pay for seismic activity on our CRL project, in early 2024?
It’s the most-prolonged prevarication that I’ve ever witnessed.
The active period of news flow has already finished for 2023: we received two updates - one in October, and one in November.
I hope that SML delivers news to take us to your eponymous place; however, in one of your previous postings - in October - you also mentioned about expecting news in the next few weeks; you possess either the abilities of an augur to predict outcomes, or enough information that might indicate positive news before Christmas.
Rumoured news before Christmas - started six Christmases ago.
Gorsuch, Pero ladrones sin cojones.