Member Info for ShangrLa

I wonder how these guys stay busy - For the size and complexity of the magnetite operation one person could easily run this probably as half a role so the BOD should have lots of time to get value from the other assets . Really don't understand why it should take so long to make progress and why we don't hear a lot more about what they are doing .

I have 16m shares and greatly under water so every incentive to make this work . Let me know if this is happening .

Nothing to get excited about either way here - next news will be far more important .

Still don’t understand what this individual is bringing to the party . He also owns a paultry 6m shares - less than I have . Not exactly showing the kind of support I would expect for someone in his position . Can someone enlighten me .

Done with this depressing share , bailing and moving from O&G which is the past to ZOE building a CBD business which is the future.

IMHO I believe we will get a short term hike in the SP as the BOD's have to show their worth and rebuild some credibility . Will be driven by new folks coming on and lots of spin from the company . Wether this is maintained and continues to rise will depend on the deals or no deals by year end and no raise . Hoping I'm right .

Decent set of interims ?

Trust me I have nothing good to say about the BOD however I'm not sure I see this RNS as bad news . Feels like the potential JV partner could have a bigger ambition and want the LD potential clear up front . We will know in the next 3 months if this is more hot air or the turn around us LTH's have been searching for . For those who have bailed I hope you don't regret it .

I'm with you I think the message from the LTH's on here has been pretty clear - now need the company to move forward .

I thought the interview was ok . No real substance but at least confirms where we are . I have too much to lose to bail now but if no JV in the next quarter I'll be gone .

Will be running for cover .

Can someone confirm when the AGM is and how to listen in ? Many Thanks

I've had my say on all the disappointments and bonus issues etc over the last couple of years . Now want to move on and be positive about where we can go . I'm heavily invested and heavily under water and need this company to get going . JP etc you owe it to us LTH's to start turning this company round and show the market you are a competent group that should be invested in with decisions and actions that drive value not more smiles and false promises . The debt is gone , Cobre is profitable now need to start building again .

Be good to see some director buys now the interims are out to show some commitment and confidence in the company . With all that bonus cash a good time for JP to back his positive words up .

Thanks for the link for sending in questions . Hope you are all questioning the director renumeration . It’s obscene .

Where are all the chart experts now ?

TarryBreeks - 100% support your view

All feels a bit hopeless at the moment and that JP etc have no interest in looking after shareholders just in keeping there own over inflated pay and rations coming in . Seems no regulation stopping this sort of situation arising i.e. PI's being persuaded to invest in this type of company and the directors taking large payouts with no value delivered to shareholders and no comeback. I thought SML was different but seems to be playing out exactly as many AIM companies play out . Blaming myself for buying all JP's promises and optimistic Proactive interviews but don't half feel bitter . If I can put my 12M shares together with others to make any meaningful change let me know how ?

I've been a big supporter and shareholder in SML for a number of years . I hold over 10M shares at an ave of 1.4p . Can't believe what a mug I've been listening to JP over the years . He hasn't repaid an iota of my faith . Claiming he is a big shareholder and is hit hard by the SP drop is irrelevant . He runs the company and sadly looks to be totally incompetent . Can't afford to take the loss but worried now this could become a dead duck . Thanks JP

As you say there are positives here for the future . The issue for me is more around credibility of the leadership of this company . Always seem very genuine but again came out with a statement on dilution which proved to be untrue just a short while later . I'd like JP to come out and respond to what changed and why he stated that previously . I so desperately want to stay with this share but losing faith .