Member Info for Sumoskier

So since the last deal at 4.2 we are down 20% and drifting. If JLP don’t address this shortly I think it needs a full scale change of management.

And these people were awarded 1p options! I didn’t realise they had to get the SP to the same price to realise them! Lol

Nelson, totally agree. The piece I can never understand is that they are prepared to issue shares/spend our money which must have a business case behind it but are then never prepared to issue a forecast at the same time? Just makes them look amateur at best!

Surely the answer is to produce a strong forecast with the 6m results. Chrome, as an example, should surely be north of 2m tons for the year? If not there must be more downside than upside risk as people start bailing?

Any guess on margin?

I can understand that, for me, the IRH deal would mean a significant ramp up in production with no Capex cost, albeit at lower margins. I’m just thinking it might put a stop to more share issuance!

Sorry, forgot to mention…getting a proper forecast and a much better IRH deal with a proper timetable for operations!

Mikie, nice to have the optimism! Personally I thought we would inflect at 6p! Been here longer than 5 years and just getting bored of the tomorrow message! Like to actually see delivery!

You have to wonder whether this will ever turn?

Should be due next week. Interesting what the Chrome margin is?

If the real is close to the narrative then there could be a possibility for a k a month Copper. The truth will arrive shortly, hopefully?

So with Roan on higher ROM +munkoyo+leaching are going to be on some 800 tons per month? Will project G get us over 1,000?

Just trying to understand the Munkoyo stats. If it’s producing 70k a month for refining how does this link to the 8k bring refined in Sable? Is there an opportunity to increase Sable refining?

Isn’t the next milestone to show production of 1,000 tons of Copper per month? If the recovery from Roan high grade ore is good surely this can’t be that far off or do we need the IFH deal to get over the line?

With the new shares on a 180 day lock in, by the time the funds are out, we’ll probably be battered by these being sold. Wouldn’t be surprised if we see no positive movement until Q4!

You have to wonder whether the selling is managed? Each week we hit a new low and it still goes on? Seems they couldn’t give a monkeys about the price as long as they get out? I’m just wondering what the true bottom is? Great value when it arrives?

Just wondered whether, in their desperation to get out, we might see 2s this week? If so, an excellent opportunity to buy for others!

I think the last share issuance has removed any growth PE and we are being judged on a market norm. Any SP turnaround will only happen if a) the company stops issuing shares and b) it produces better than expected profits! Fat chance on both fronts?

If the IRH Deal is signed off we can go full ahead with multiple modules at once to significantly increase Copper production with no capex? Minimum 30% earn?

Laughable! If the seller wants out at any price then we will be back in the 2s no matter what people say!