Definitely prefer plain speaking Paul Burton over the alter ego...

Definitely prefer plain speaking Paul Burton over the alter ego Disallowed PB ( that guy gives the comfort of a slug under foot)

M/cap disconnect not unbelievable when you don't deliver.
Soured Saudi energy can only translate to lack of confidence in management. The dream team's brain fart to dual list under De Jager, at some stage, must have been inspired by some encouraging words and momentum from the Saudi's... and here we are warming the hands around a 7milMC dumpster fire. If KSA interest were sincere to shareholder interest, then a public vote of confidence would play out via equity uptake or an on-market parcel purchase.

How are they funding exploration, asset enhancement and shareholder value for the next quarter, let alone CY2025?
Gold/ Copper assets are undercooked and Victor unlikely to continue direct funding, either there is funding news in the wings or some SH shafting structuring and shenanigans (in Favour of KSA? Or an asset split) is a foot, my money is on the latter.

Mid-February Media spin had SRN's premium magnetite concentrate samples as "READY" to ship to "O.S Groups " for technical evaluation and consumption by KSA. No mention here ( has it been shipped?) or discussion in terms of timing... rather a carnival barker pivot to Capricorn like assets. IMO there is value locked into SRN but under this management and its autofellating corporate structure, it's unlikely punters will see a return this round and hence Paul's tonal restraint with hands in pockets.