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Ann: Refresh Supplementary Prospectus, page-12

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Deanostock

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14/11/22

15:08

Post #: 64760718
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Originally posted by Deanostock: ↑

Insanity is doing the same thing over and over again and expecting different results.

So they are going to the market again, with the same story, just before the quarterly to ask us to reach into our pockets without giving any new or compelling reaso to do so. I invested on the back of Rosen's reputation but cannot imagine how he, as chairman, is signing off on some of this stuff.

Ive sent an email to him today which includes the below:

I've read through the investor presentation from the 6th and the only word to describe it is amateurish. I'm not sure the role Sanlam, Spark plus, Stephenson or Cannavo are playing to drive a result.but with the combined experience and cost they need to be more involved or if not adding value its time to move them on as with this level of experience we should all expect better.

To get money, SCU need to change tack. I hope you discuss this with the business and take action:
- An investor presentation that KICKS OFF with what the size of the prize could be for someone who gets involved. Then, What is the problem SCU is going to solve and how / when will they do it. This preso is way too wordy and Gu is damaging the opportunity to raise with way too much detail. 5 compelling slides on how you will make me money - put the rest in an appendix.

- Publish a quarterly with some real achievements, on time. Start with the one you are about to release. Succinct, accurate.

- Publish a document outlining cost cutting - external consultant fees eliminated, directors fees at $0 until milestones are delivered and then will be share based payment with escrow.. Only critical compliance spending to remain in place and ALL remaining funds to be invested behind GROWTH and delivery - In other words, PRUDENT. Scream this NEW approach from the rooftops.

- Release the TG report and have an investor call the same day ( a few hours later) to walk through findings and ACTIONS

- Gu to host a monthly or quarterly monthly investor call talking up progress, pointing out roadblocks and plans to address. Happy to volunteer coaching if required.

Good luck everyone.

Expand

Just updating everyone - Pauls response is below...

GLAH

Last edited by Deanostock: 14/11/22

SCU Price at posting: 1.3¢ Sentiment: None Disclosure: Held
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Ann: Refresh Supplementary Prospectus, page-12

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Venture to sniff out high-grade REE targets at Jupiter project, WA

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

GreenX picks up prospective copper project in Germany

Is oil undervalued?

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Westgold sets its sights on top five producer status through merger with Karora

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Refresh Supplementary Prospectus, page-12

Top Stories

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Venture to sniff out high-grade REE targets at Jupiter project, WA

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

GreenX picks up prospective copper project in Germany

Is oil undervalued?

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Westgold sets its sights on top five producer status through merger with Karora

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News