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Lupi, A sensible response; however, my main concern remains on the length of time for awarding the grant - particularly for what seems a small amount (based on my reading of the council’s own presentation of how the monies are divvied up).
Step forward, the most-incompetent chairman that a company could wish for: Alan Broome, whose involvements in the Cobre court-case debacle, selling Redmoor to SML, and the purchase of LC - see his inimitable accomplishments elsewhere, with a quick Google search - leave us with a share-price lodged at the bottom of a deep well, to which we have been steadily sinking over the past few years; the question is, is can JP and PW haul us up, so that we can on one again see the sunlight that they promised us, many years ago? A few recent tugs of the rope have moved us up a few metres, but we still await - in the dark - for the tug-of-war pull that catapults us to the top.
Based on the company’s poor performance over the past six years, should we err on the side of caution by presuming that Cornwall council will not grant us the grant - after all, it’s had more than a year to assess its validity? Or should we fall for the BoD’s media-friendly enthusiasm that it will arrive - soon? Moreover, company-making news should have materialised on Redmoor and LC in the first quarter; yet, here we are, nearly a third through the second quarter - and none the wiser.
And Alan Broome has yet to explain why he has a negligible investment in this company.
No excuses from the BoD on an unfavourable market for copper and tin, this time round - as has been their go-to excuse over the past few years.
Slurm, He’s entertainment value, if only for his child-like - yet smile-making - posts.
They ain’t having mine - I’ll consider relinquishing some at 3p-plus.
Redmoor seems all about expanding the footprint while performing analysis after analysis - but without any funding to drill to firm up the mining-numbers to prove its commercial feasibility.
All about trust in the BoD - none by the market, and only by a few invesors.
Notice the ear-ringing silence on Redmoor and LC.
Thank for the info, Lupi.
Do those codes’ meanings translate into how market-makers really communicate on whether to take the stock up, down, sideways; or need more shares or to unload them? I remain sceptical - mostly because of my lack of insider-knowledge on trading.
Read Mark Thompson’s take on tin over the next few years:
https://twitter.com/METhompson72?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
PC, The Togolese govt may have started operations - without publicising it; however, let’s hope that they have - so that they can pays us our money,
Will JP delivery on his bullish comments on LC and Redmoor? The failure to fulfil positive statements over the previous years monopolises the market’s distrust in this company - over to you, BoD, to post the lottery-winning tickets on JP’s expected serious re-evaluation of the market-value as a result of publicising funded plans to monetise those two assets.
Broome’s only rolled out from his cupboard when the company needs him to put a disingenuous corporate statement that a) loosely underpins the importance of his role at the company (which no one believes, anyway) and b) positively spinning the implied merits of waiting for another few years for Redmoor.
Colline, Exactly; Redmoor valued at nil by the market until that elusive third party funding for Redmoor - to which JP has alluded a few times - and the Cornwall Council grant are sealed and delivered to SML; until then, the share-price hovers in a holding pattern.
DR is synonymous with drama - and incompetence and misleading statements.
Never trust DR again - look at Keras and Calidus.
PC, You don’t sound confident.
Anyone would think that Calidus is about to go to hell in a handcart if they read the Hotcopper board - quite depressing for investors.