The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
How would we know that directors would be unable to buy shares?
Blacksheep, ‘Tis true - thanks for your response.
Blacksheep, Is that definite?
To see here, save for bot-produced share-price shenanigans.
And if Alan Broome believed in this company’s future, he would have emptied his pockets to buy shares on the open market.
As always with our communicative BoD.
Lupi, Thanks for articulating it: I have also been wondering from where we obtain that money - an external investor who awaits the council’s grant before committing capital to SML?
Back to business as usual: radio silence until the next market-mandated RNS.
PW’s mild surprise that SML has an operation in Cornwall, while AB’s inwardly smirking at his genius in his duping of PW and JP into overpaying for an asset that will never reach production without monumental sums of capital - https://twitter.com/SML_Minerals/status/1680919549942669312
Https://www.tavistock-today.co.uk/news/mining-project-waiting-for-funding-629956
Redmoor, Indeed, the British govt remains embarrassingly inept on multiple fronts.
Slurm, Our self-pitying BoD - ‘the market’s unfair because we think it’s undervalued and misunderstood our assets’ - have realised that their bombast ran out of ballast to prop up the share-price, a while ago.
Because the UK govt talks a good game about investing in it - but then fails to provide the funds to kickstart the major mining revival in Cornwall that many folks have been discussing about over the past few years.
Never - I am but in your shadow.
Tro, Simple, yet wise.
Not golden - and never has been with Keras; hunker down for a prolonged lack of news.
Highside, I would urge you to compare EUZ with SML - a similarly huge devaluation exercise by the BoD after they had spent a lot of money on two potential company-making assets in themselves, but lacked the nous to monetise them.
The market prices it at £2.5m because the BoD has failed - for the past six years, at least - on most of its stated objectives for adding value to SML via Redmoor and Leigh Creek: a transformational next year, next year, next year, next year, next year, next year - and still waiting! The only certainty in SML: the false promises - and the subsequent share-price decline.
But until people votes with their heads for action, the BoD will continue - ad infinitum - filling their pockets while devaluing the company.
He’s like a deciduous plant: starts growing his bristles in the spring - to publicly show his fully flowered self in mid-summer - then sheds them for hibernating himself in autumn and winter.
A dislikable, untrustworthy, glib chap.
We are: we’ve bought shares in this company while he’s been lording it up, throwing us the bones, without putting any of his own money in.
Making money from others’ misery - completely immoral. :-(