The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Oh come on Prop, everyone knows AB is a mining savant and his mining prowess is only eclipsed by his skills in due diligence. ;) I doubt AB will be stepping off this gravy train any time soon.
What happened today then folks? Did they find some bitcoin down the back of Brenda's sofa?! :)
Mid price prediction for 2021 seems to be around 6.5k although it's very dependent on demand from the world via China so we'll see. Certainly won't be taking it as a given.
Not while it's trading above $7500T
Tsunami of cash - that's what we need.
Hopefully an imminent PEPR is not like that $4m from Brenda which was imminent, until it wasn't.
What equipment is needed for Cobre and why can't it be paid from profits at Cobre?
Where's that pepr?
Hope it hasn't joined the tsunami of cash, letter of intent, Dr Gole, legal costs for breech of contract, due diligence on Leigh creek and our settlement from Brenda on the altar of misdirection. I also wonder if the bod will award themselves a Christmas bonus this year? Probably - after all Alan Broome is a mining guru with specialist skills in ... erm ... awarding himself bonuses.
:D
Maybe they found a stash of cash down the back of Brenda's sofa to settle our claim?! :D
Well I'm away for a few days and there's a mutiny underway! Excellent. Count me in with my very modest 1.2m shares which should be worth 10p by now but the tsunami of cash was replaced by a tsunami of incompetence.
Yes trout - the Brenda fiasco, the double raise for Redmoor, Bonusgate and the most recent figure manipulation has made me much more wary of SML which at one stage I thought was a 'sure thing'. It has felt very much like a lifestyle business of late (JP's lifestyle) - if he can't make LCCM work and secure an advantageous and non dillutive partnership agreement for shareholders he had Broome really need to consider their positions.
I'm not even sure what Broome does apart from collect his paycheck and bonus.
Arkey - I'd echo all the thoughts on this thread. AIM can feel like a casino and it's often referred to as such. I think the key and I learned this to my great cost is to avoid having all your eggs in one basket. Sometimes you're up, sometimes you're down but in the end if you don't believe in the company/story/bod sometimes it's better to cut your losses as I'm sure we've all learned.
A lot of folk say DYOR and you absolutely should yet most of us have full time jobs, kids and other pressures so you end up blending real research with hard lessons and a little faith in fellow posters (not too much mind) to reach decisions. I believe (and hope) SML will come good and I've also had a very painful lesson here too - I still have some faith that we'll see 2p again on positive news from LCCM and Redmoor for the win. That said I've reduced my exposure here a bit and was fortunate enough to invest in GGP around 3p and here's the kicker - I've got DJ to thank for the heads up on that.
This time next year we'll be millionaires surfing that tsunami of cash ;)
It still says 55% under Highlights in the replacement RNS - you'd think they would double check the replacement RNS thoroughly before publishing it .... you'd think.
"Highlights
· Sustained solid sales growth continues organically.
· 55% year on year rise in sales revenue at Cobre..."
The only placing I'm hoping for is for Nickel Investor to place himself on another discussion board ;)
"you won't be worrying about bonuses when we're drinking champagne at the 5.5p party..."
Haha, DV - I'm starting to see how you made the top 100 rampers list! ;)
I'll be able to stop drinking methylated spirits at the 2p party and move on to something more luxurious like white lightning or Buckfast :D *
* don't try this at home folks - this post is 100% satire
Oh yea good point Blacksheep - hope that won't affect my SML bonus this year :(
:D
WHAT?! I'm at number three - not sure I'd describe myself as being particularly rampy of late - maybe I should be on the SML payroll and get a tsunami of bonuses! ;)
Cash may be a bit tight but we know Leigh Creek will be a JV and we are covering costs with Cobre. Provided we can keep director remuneration at a sensible level this is a welcome update. Rising sales at Cobre are great news and a 55% yoy sales increase is brilliant given the global pandemic. It's no tsunami of cash, granted, but it keeps dilution at bay while we progress our other projects, albeit more sedately than we might like.
If the tin/tungsten resource turns out to be as big as Alan Broome's moustache we're onto a winner and if it's even a fraction of Broome's ego then hold on to your hats!!
Oh, busy on here tonight and everyone's talking about my favourite subject: Alan Broome!!! Of course he brings superhuman mining expertise, masterful due diligence, a sensational moustache and a penchant for a sneaky wee bonus to the table. Not to mention if you need anything done in the mining industry Alan Broome is miraculously involved in a company that provides it (and provides him with a bonus). He's some guy and instrumental to where we are right now.