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Spinning Redmoor and LC for another year - then inform us next year that the JVs will be ready within the first half of 2025.
Where’s the grant? Wait for another year? Gosh, our councils are incompetence personified.
Because historically the BoD provide broad updates, leaving the market to fill in the missing details.
Usual bull-waste on the comms on more comms - and now silence for the next few months.
Thanks, Robsky.
How would we apply for them?
A long way to go - the BoD has to find the money to pay the outstanding $1.6 million owed to the ex-JV partner? Where’s it coming from - existing sales, majority shareholders, or another raising? The elephant in the room.
Https://www.mining.com/cornish-metals-uk-tin-project-worth-over-200-million/
And could we release the pointless presence of Alan Broome from SML?
Do we have nickel - I thought we sold that tenement, years ago?
Based on the BoD’s misleading statements on LC since we bought it - I can’t even remember the year: it was that long ago - it would be safe to presume that they will conclude absolutely nothing on it, and that it will remain a never-ending project in our portfolio.
I wonder whether they will be able to pay the ex-JV partners the next instalment for 100% ownership of Diamond Creek.
Robsky, Yes, thanks for that; my gripe is that it’s never clear with out BoD - why did they not, for example, release the updated figures?
Nope - investors broadly buy shares in a company based on its revenues and margins - and in Keras’s case, it’s nigh-on impossible to gauge its financial health; moreover, if it wants opacity on its pricing-structure, then it should go private.
That is no excuse: it is a publicly quoted company, and would - at some point - have to publish its figures - just as other companies do.
I meant ‘publish the revenue in numbers’.
PC, It’s the BoD’s response to our complaints on lack of comms; but, in the style of the BoD’s RNS - I urge the BoD, for the umpteenth time, to publicly the revenue in numbers.
For all RNS’s focus on an increase in sales and tonnage - but, yet again, no cash-flow numbers; why the opacity on revenue? No wonder the share languishes.