Member Info for Stevie02

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Hmmmm….. interesting. Very few late posts today.

Caravan, I think you need to sit tight. In my opinion, activity plus certain recent negative posters turning up should be taken as a compliment. I see it as supporting a football team and other bigger clubs trying to buy your star players. They wouldn’t try to do that if your team wasn’t successful!

Agreed Bluegrass and won’t be in future. I am in for the long haul and nothing anybody says will change that as there is no downside with this company.

Jane, I have a question. How can I gain with Jane when you don’t give financial advice?

Ah Bluegrass, the voice of reason. Sorry, can’t help myself with the trolls. They are hilarious :)

Exactly. So, so obvious.

Jane, oh ok, I’ll hang on to them then.

Jane, just considering my options (I’m a beginner at investing. Only been doing this for 6 months). What would you recommend I do with my investment in SML at this point in time? I have 17m shares in SML.

Ontarget, many thanks for your help.

Guys, when the new Zeus note comes out can somebody post a link on here? I’ve looked for previous ones and can never find them.

Not bothered how/when it happens as in for 10-12 years. So happy days

Yes Ralph I agree. I have read about this curve and it strikes me that one size doesn’t fit all and it’s rather an old concept. With mining technology moving on in that time it is cheaper and more productive so the so called ‘valley of death’ is much shallower. Also government funding is as you say a major factor….especially if it’s US government funding ;)

Interesting webinar.

My take on the situation:

1 Low CAPEX for an operational mine

2 Processing option abroad (US?)

3 International interest with visits by US government

4 Dennis stated they had already visited TOMRA in Germany (?) regarding ore sorting technology

5 All studies being fast tracked and fully funded

6 SP currently 6-12% of value

I think this is far bigger than simply a ‘homegrown’ asset. This is going international.

In terms of the PFS I wouldn’t be surprised if this is completed by the end of this year. One drill rig on site already but got the impression that many more would follow. With other news in the meantime the SP will gradually rise this year in line with the Zeus new fair value whatever that is.

That will buy a lot of moth balls! :)

‘Mothballing’? So why is there a webinar from 11am by the Board? No need for a webinar after a ‘mothballing’ RNS is there?

We need to really think about ‘TUN is only 22 miles from Redmoor’. The roads are far from suitable. I used to travel along them daily for work. I know I’ve mentioned this before but rail would be a good option if local lines could take freight. All you need is a storage area/bins plus a crane/conveyor for loading rail trucks. This could then be transported to multiple brown field sites rather than a custom plant on a green field location. My only question mark is whether local lines could support freight but doubt it’s impossible.

BB_Hoppa, don’t worry. I’m a relative newbie and only been investing for 6 months. SML was my first share purchase with half my holding at 0.79p. I may be a newbie but I’m an expert at spotting BS posts. Like many who post on here I’ll stay in for 10 years if I have to.

Tomorrow is another day and today was a typical Monday as far as SML trading is concerned….if not…better. I’m sure things SP wise will accelerate as the week goes on now that those who were looking for an opportunity to sell at a very modest profit are now gone. Still hopeful of a virtual pint or two :)

I don’t see any weaknesses whatsoever. On the contrary, I think we are in for a big surprise.