Pinecone, Agree with many of your sentiments; but - and it's a big butt - the Togolese mining-licence continually cools the increasing heat from Calidus (not quite a tautology).
In4, It would be worth your while researching this one - it's overall a good business, with a short-term multi-bagging potential tied to mid- to long-term strong gains.
Slurm, Would agree with you on what has been my main gripe - do we need all the execs’ taking out of the company? Other than that, Cobre sales are looking up, with LC to ramp up production in 2020 and beyond.
In4, Blimey, your post has resurrected me ; you are the slickest scriber my digital pen could never have crossed out. You thinking of investing in this one?
So, is the BoD slowly sapping the life out of this company by surreptitiously managing its decline into nothingness - along with our hard-earned money invested in it - or working diligently, smartly, and competently to ensure that its value accrete and endure?
Fira, We have over-discussed all the negative points; the share-price reflects bearish sentiment - and not the business-fundamentals of SML. I've seen this type of share-price see-saw happen on quite a few AIM shares in which I had previously invested, with the majority eventually multi-bagging - but it's a combination of investors' patience, BoD's competence, and market's sentiment that will eventually underpin its ascent.
I remember that, too - and one can only report what one sees: difficult to presage whether a client of yours will abide by a) the t's and c's and b) the rules of business-relationship etiquette.
Stockdale, That's right - but we wouldn't know, because the client remains incognito; however, you would expect the BoD would know, and would then decide on whether it would be feasible to pursue compensation from the anonymous one.