Member Info for troutisout

1.4p is the point to break through, from that target is above 2p...
https://uk.advfn.com/cmn/fbb/thread.php3?id=40081245&from=3476

Strange how djryan hasn't jumped to take me up on this.....Seems he may be unable to back his comments up with proof....
We all know he bought back in after selling at 1.4p and apparently got to 1% around the penny mark, then he sold out again at a big loss in September/October, it's all there on these BBs....
No respect for the liar and so don't expect him to leave this SML BB, let's face it he has said he would stop posting many times and has never managed to keep to his word....

Seems to be a lot of mudslinging going on and towards AB. I don't go back as far as the first investment in Redmoor or RARUS (Hanns Camp), but it seems to me that AB has been instrumental with getting the strategic mineral package together.
The main Cobre client is the problem not AB, I personally think the purchase of 100% of Redmoor to be a huge positive and something that needed doing, I also cannot see why NAE would not take anything but cash at this present time, when the World Economy is going to be hit with the COVID lockdown sledgehammer.
It would seem PIs are just venting their spleen at the easiest target, would they feel them same if LC was starting production and Redmoor working towards MRE and PFS??? AB isn't the reason, the failure of the main client is. I actually think the BoD of SML are too nice and that they gave the benefit of the doubt to the Main Client and they have tried everything but placings (for the sake of shareholders) until they were forced. Maybe they should have ridden roughshod over both and we may be in a better situation now?? Who knows??
We can't change what has happened.....

Gone to NT after this morning's buys, looks good for a breakout on the chart and with AGM next Wednesday looking for more interest in this 'shockingly undervalued' share.
Look to fill or kill or limit buys to get any at 1.35p, they still have to give you NMS (which I think is 200k)

NAE wanted the payment in cash?

So you state you sold at 1.4p end of, you claim I am lying and yet we know it is you that is the liar. So here we go, for the sake of everyone on this BB and to show you up for what you are, I will gladly never post on this BB again if you can prove you didn't hold/buy/sell shares in SML since the days it was last 1.4p (July 26th 2019) and if I can prove you are lying then you will apologise and never post on this BB again. How about it?

Fully subscribed Broker option.

Should have had an RNS on this at 7am this morning, they've had all weekend to sort it out.

https://www.abhi.org.uk/membership/members-area/updates/2020/june/the-impact-of-covid-19-a-case-study-from-inspiration-healthcare/

I listened to that earlier and back over the Proactive interview, he states IRR of 25-30% in both interviews.
From my listening to both, they are looking for someone to stump up the value they have given to Leigh Creek, to effectively then have a 50/50 split with SML, on the Proactive interview I believe he states their value of Leigh creek would be $7m.
If they receive $7m that would pay the start up costs for Leigh Creek (some $4.5-$5m Proactive interview) and have a some over to go the the parent Company.
He also states that he expects 3-4 months for all the paperwork and approvals from the South Australian Govt Depts and expects to tie up a JV in the next 90 days (Proactive Interview).
My view is this would be great if and when it happens, my struggle is timelines are likely to be stretched and no-one knows what the World economy will be like later this year and so valuations may well struggle to keep up (It will be a buyers market). However even if this stretched to 6 months they will be in a financial position to keep the lights on and keep pushing forward. Arbitration money would help, but he does state the Receiver should be appointed by end of June and that it could well be a couple of months before their first report, so again that 3 month area.

Hopefully people will catch up on that with the AGM in a week and a half's time. The Company have asked shareholders to submit questions and they will answer them. All noises are positive at the moment, growth in numbers has been accelerated by Global lockdown and awareness from prospective clients has also improved as they and their staff are all locked down and experiencing the new order of online usage.

DGR, I may have confused there, I meant a settlement but at a fraction of the award (an offer). You are correct an offer means not a lot with this bunch.....I hope the Company are working on other options

The award is a figure, if the funds aren't there to get, then the figure means nothing. I have tried to put a positive slant on the arbitration, but the Main client doesn't seem to have defended or responded to anything, throwing the towel in suggests they know they haven't got anything to lose. I was hoping to see an offer for settlement, which would have been better than nothing.

Especially as that note was from months ago....

lejjb,

SIG and Kingspan are different companies, Kingspan were the potential purchaser of SIG's Building Solutions Division.

https://twitter.com/InspHealthcare/status/1262375234302349314

IKO would have to make an offer when their holding goes over 30%. That offer has to be at least equal to the highest price they paid for those shares in the 12 months prior to the offer being made.

Another 50k buy squeezed in from yesterday morning.

You aren't the only one, look at the after hours reported trades the last couple of days. I think it is being held here to fill those orders....

Slurm,
No need to be condescending...
Notwithstanding the few mill on that day (late last night and had just got back in from working all day), quite clearly the pattern was more buys than sells over the last few days and the SP rose and with more sells recently it started to fall back.
For the rest of your post you probably need to look in the mirror....