Member Info for Slurm

Fira

Why ???????

Why do you keep on having a go at someone with a different opinion ??

with £5m a year why would it only go to 0.5s?

Usually the value is 4-5yrs profit minimum if it a relevant (ie not a one off)

So its an easy over £20mil MC, add cobre a few more mil and we would be a little closer to a true MC

What happened with any negative element at the AGM, not heard about anyone giving JP/BoD a grilling, in fact quite the opposite, Anyone anything to add?

So how do you know whats over borrowing?

SML needs trucks, excavator/s, loader/s, pumps, chemicals, fuel for first 4 items in my list for 6 months minimum, wages and then other cash for cap ex and op ex costs. Add to that £1.5mil in reclamation bond.

Some of those items are significant big ticket items, and fuel is as high as its ever been.......

I dont really understand what your point is, but i dont see whats been removed whether abusive or not.

What I will say is I dont think this is the best place to constantly be negative about SML, if your in SML its a bit like self harming and if your not in jog on (not aimed at anyone in particular).

Might be a better approach to email JP/SML than bring up the same negative past on SML, Bonus payments, very slow LC progress.....etc.......

Yes im down, possibly more than most, but no one forced me to invest.

why is it misleading when someone is positive on this board, yet when someone is negative they always say its not like my post will affect anyone?

Seems a double standard on here.

I have mostly stopped posting as i have little to say either way and just want to let SML play out.

Richy you should know by now your not allowed to be positive or hopeful. ATB

Look at all the extra investment the AGM has garnered....

no Bubble, it starts in 1 hr, we will find out likely after lunch.

whilst i think that is possible, there are many reason why not...

i do think the lions share of price rise for the LCCM asset wont be until SML have sold a couple of parcels of copper oxide/sulphide

the spread is around 10% look at the prices of sells to buys.

Really? best you can do Fira? you must have an exciting life....

Would you commit to buying a car with no Mot? No. you would at least wait until its granted and then look at any advisories, this is quite similar. You might go off find another car, lose interest or be really interested in that one.
its a buyers market so playing stand-offish might be the play from the interested parties.

if anyone thought it was a "ready to go asset" they needed their heads tested, I remember arguing with people then, that just because it was under care and maintenance it was not a case of simply switching on. I stated equipment would be needed, full assessments and then people with the right skills.

I do agree this has not gone smoothly, but i think jumping ship now is a mistake after all that time and quite possibly close to some movement, i might be wrong but thats how it feels to me.

I am unimpressed by the last 2+ years but they are still going, which against some of the other miners is a positive stance.

SML's position is stronger now they have the PEPR and lets see how this next stage unfolds.

could possibly do it on the cheap with around £4mil to get to prod, $600k in bank is just not enough.

I think the discussion would/should have been taken as far as they could without the PEPR and it will take time to get back into it, its not as negative you seem to infer

in my mind its likely that at that point all the market relevant news was out, now he has PEPR round 2 will start with the negotiation with any potential interested parties. So there was a window where he could.

what deposit?

yes devil, just slightly less, but then there is equipment, fuel and wages

I know directors that dont believe in investing, its not uncommon, I guess Alan could be one of them.

The MM's appear to have walked this down on a lot less volume than yesterdays...