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Uncle Mark remains one of my favourite posters: clarity of thought with an enviable dispassionateness that elucidates rather than obfuscates.

Its long-term upward trend strongly persists - what has big-bonus JP in store with Redmoor: a spin-out, a partner, or the steady snore?

Has been, and continues to be, steady - I am content for a continually gentle push upwards, reducing the number of mind-the-gaps in the frenetic price-spikes on good-news releases (yes, I know that we have not experienced that elation for many years here).

JP can use the price-hike to justify his bonus.

A pertinent question for them to answer.

Dotcom, Indeed - which has been my main gripe since SML bought LC: even if the BoD had foregone half their collective remuneration between now and then, we would not be begging for a large amount of finance to start production - the proverbial short-term pain for long-term gain - a practicable concept beyond their haphazard approach to business.

Is he sweating - with his near-half-a-million annual wage - to make SML financially positive for all its shareholders? Hmmm…

It’s around the corner - https://www.kitco.com/commentaries/2023-01-24/Copper-shortage-getting-real.html

https://www.mining.com/web/erg-sees-copper-rising-on-high-demand-supply-worries/

Synergies to be had, anyone?

https://www.youtube.com/watch?v=LUzzas2cYWY

https://oilprice.com/Latest-Energy-News/World-News/Bullish-Catalysts-Are-Mounting-For-Copper.amp.html

Someone’s brewing - on a real slow burner, of course - an interesting concoction that’s bubbling stronger - and let’s hope for longer - to a top-blowing finish.

Today produces two price-monitoring RNSes - yet no share-price movement!

https://www.mining.com/web/trafigura-plans-to-take-large-amounts-of-lme-copper/

Major, Nice to hear from you.

Let’s hope that the big rises over the past few weeks indicate a sustained increase.

Agreed: Redmoor remains a distraction, with minimal attributable value - and the BoD know it, despite pretending otherwise - to SML in the short and medium term - it’s a long-term company-maker; whereas, LC remains the focus to add substantial value - in the short-, medium-, and long term.

A simple question: when China cranks up to near pre-pandemic production-levels its numerous industries, will the world possess enough copper to feed its voracious appetite - particularly when at present only about two weeks’ worth of visible global copper stocks seem to be available?

Croutom, Makes sense.

Has John Speck been - literally - preparing the ground for starting leaching soon after SML receives finance? Or is he working from home?

Dandy, From our past experience of DEM’s completion dates for our previously submitted PEPRs - either I have underestimated, or overestimated - who knows?