Well I shouldn't have expected any other response from you, subs, however - can I suggest you play the ball rather than incessantly attack anyone that has a contrary opinion to that of yourself? My responses below.
"shouldn't be in my trading portfolio now"
That's correct, it shouldn't be - it should be in my LT account. But I haven't been bothered to move it over. Nice effort to try discredit me again though.
"Just investors with "punter money"? Well the top 20 has been increasing their holdings"
Yes, you are also correct, but we have also had some others remove themselves from the T20. Natural cycle, they come and they go. If you think the liquidity here and money flow is adequate, well, that is your opinion - but I'm not sure many would agree. 6m shares at today's price is only $48k, it's not exactly insto/fund type money flowing in and very rarely do we see that amount go through in a week, let alone in 1 day. Call it whatever money you want, it's not big money at the end of the day.
"so on that basis I could come out and say it will be ready in 9 months, or Jan 2019 and be just as accurate..."
Yes you could, and that what a forum is all about - robust discussion. At the current rate of progress, I don't believe it will be completed in 9 months. I am entitled to that opinion, as are you. My opinion is formed out of spending a few years in the industry. However, I am more than happy to be proven wrong in this matter.
"We also have a third and forth funding option to fund Redmoor progress 1.Using some of our 50% ownership as per JV contract 2.Sell off of Lochinvar asset."
Yes, they are possible outcomes. Thanks for reminding me. My opinion - Point 1 is a bad outcome for shareholders. Point 2 won't provide enough capital to get through to production but I would be more than happy for Lochinvar to be sold off to pay our lions share into PFS/DFS/BFS
"SML has a producing mine, they recently spent some funds on a new mining project, but have indicated that they do not see any reason they will need to raise more funds to progress their current projects, that they will have adequate funds from their producing asset"
SML may have a producing mine, but it does not produce much money and they do not have much cash at hand either. I am of the opinion that they too should raise some capital to undertake Redmoor activities more aggressively. Unless we all are happy to maintain a snail pace whilst they attempt self-fund themselves through to production? Could be waiting a while though imo.
All in my opinion, of course.
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