Having spoken to a number of large shareholders the feeling is...

Having spoken to a number of large shareholders the feeling is very positive.
You may not think it by looking at the current share price,
but that could be said about half the stocks on the market at present.
SPM will have more then enough with the money raised and the Govt Grant coming early in the new year to do the necessary work that they have already outlined.
I believe the company is on the right track spending the money they have on their copper and gold interests.
If people are not happy with the way management is doing things the easy answer is to sell out.
I don't waste my time or money if I am not confident that management is working it's way to improve their situation.
We all know the companies history with their vanadium and the money it would require to get the project started.
In the current climate that is just not practical.
So you have to look for other ways at this point in time to increase shareholder wealth.
I believe they are currently doing this.
But as I said before, if anyone has lost confidence in management, no one is saying you cannot sell your stock.
There are plenty of other oversold situations to get involved with.
Good Luck.