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I shall certainly not be re-electing unashamed incompetence.

Covid-related concerns - read: unwilling, and not brave enough, to face the scrutiny of irate shareholders - they know they’ve been rumbled.

Highside, A spot on summation - time for management to stop blaming external forces on the share-price woes, and instead introspect on their collective communicative failings, for example, the so-called ‘value event’, mentioned a few months ago.

https://markets.businessinsider.com/commodities/news/green-copper-demand-to-average-13percent-annual-growth-over-next-10-years---report-10282590

DV, Agreed - the BoD is disproportionately overweight in relation to SML’s overall size and its low number of projects - a trimming at the financial tailors beckons.

Shareholders are recommended to not attend the AGM because of Covid - https://drive.google.com/file/d/1p1-kknvTFmnvCEYrnQAXcKZ00sYfxlA5/view

Yes, Trout - I have just glanced over them.

Proactive interviews are sops to the execs of companies; if JP et al. were confident in their handling of SML to date, they would welcome the unfettered scrutiny of Crux interview - now, he asks the hard questions.

And there it is: minimal downside - all the risks, in effect, priced in; and tremendous upside - if the BoD can deliver on LC.

And Lupi summed it up perfectly when he stated that the ASX float is for their pockets, not ours.

And that’s the part that stumps me: employ a financial advisory group that specialises in mining to advise our very own - so-called, big-time, financial specialist; I think that they couldn’t sell it to any other group because of a) the small amount (did they try a bank loan, perhaps?), b) the uncertain economics, exacerbated by the see-sawing copper price during the pandemic, and c) the unfavourable track-record of our BoD - hence, the $10 million AUD loan comes locked with an ASX float as an assurance that the backer will be repaid (lack of confidence in their ability to fully monetise it).

Tro, You content with an ASX listing?

Tro, Not to mention Australia’s Covid-related mining tax-advantages - https://stockhead.com.au/resources/miners-benefit-from-budget-tax-cuts-to-the-tune-of-billions-of-dollars/

Lupi, A little sardonic, perhaps.

Tro, Thanks.

Tro, Presume that 2022 refers to the listing.

You are in full comedic mode.

DV, I was wondering that, too; however, we’ll probably see them in glorious technicolour after the PEPR and finance approval, and the release of the yearly results.

Maximum despondency = maximum opportunity.

Slurm, I concur - either they want a few million or they want 10 million, which they should have anticipated, at the very least, ten months ago; but, nevertheless, producing copper feels closer to reality than it did yesterday.