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And could we release the pointless presence of Alan Broome from SML?

Do we have nickel - I thought we sold that tenement, years ago?

Https://www.fastmarkets.com/insights/four-reasons-behind-the-ten-year-high-of-chinese-tungsten-prices/

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.

A good summary to remind us of their buoyant quips on Leigh Creek, Lupi - and still we wait for the productive step for which we have been waiting since 2018. I wonder if any of their so-called negotiations with potential partners will ever materialise.

Imagine the profit-margin at $50,000 a ton - if our BoD has any ability to strike a deal to progress Redmoor; at their current rate of lack of progress, the company will have missed the high prices, and start mining when tin’s on the way down.

Https://twitter.com/METhompson72/status/1781644857250918686

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.