RE: Absolutely Perplexed27 Mar 2026 13:24
Anxiety...i did mention in a note yesterday that many posters here do not fully understand mining investments. It's really very early doors here and that's why the 'bigger investors' are not yet in, apart from the strange deal that sold £4.7m of shares at 3.5p. That was the warning. If the SP post MRE was estimated to be 7p to c10p as some people stated here, why did SML sell those shares at 3.5p, and just two weeks ago? Why?, because there is an awful lot of water to pass under the bridge before extraction and quite a lot prior to the PFS. The news in the local media will do much to stir up the locals, both for and against the project. Many mining investments never get to actual product extraction or indeed it takes many years to commence actually mining. Many projects get sold off along the way too. So, if you're a trader you need to be smart and if you are a LTH, you have to calculate investment v time v risk. However after reading many posts here there are lots of traders and as some have suggested rather distatefully, bed wetters.