Member Info for Propinquity

Well, we have had a sale on for quite a while now - so, feels DFS-ish.

Good stuff, NewOrmy.

Previous comms have stated a fast-tracked PFS, meaning completed in far less time than it ordinarily would, typically an average 12-month period

Canilla, Thanks for beating me to clarify the drilling.

Trout, Yes - but only those with a double-discount.

That 10-12 months’ worth of drilling includes for the DFS, too.

Https://x.com/SinaMin_CN/status/2043494306464551422

Https://x.com/SinaMin_CN/status/2061238799405826494

Slurmster, I agree with you on both counts.

Chesh, You’re right - but we need to make strides to capitalise in areas where we have strategic advantages rather than opting for cheaper alternatives that eventually erode our self-reliant capacity in critical areas.

Dalrry, Western planning revolves around short-term gains for invariably long-term pains - with critical matters dealt with by reactive measures that end up costing significantly more than they otherwise would.

Note how it’s the US that’s been continually pushing and executing its critical-minerals’ agenda, with the EU and the UK following its policies.

Point is point.

Peter’s a Seller.

Definitely not years, merely months

Https://x.com/ctindale/status/2055445243634577502

It’s curious that Zeus applied an NPV10 - reserved for risky jurisdictions - rather than an NPV8, as used by SP Angel in its analysis last year.

Let’s start referring to it as ‘unfair value’, as described by Slurm.

Chinese tungsten becomes more irrelevant - a) it has declining grades and the CCP no longer subsidises its mining and production; b) it continues to import large quantities of it, especially from its near-neighbours; c) the West will persist in establishing its own supply-chains of critical minerals because even if a tentative deal emerges between them in that area, the structural-supply problem and the inherent distrust of China underpin the importance of reliability, confidence, and independence. Nothing changes in the West’s supply- and production-related problems of critical minerals.

In mining, takeover-bids generally hit after the release of a PFS.

Chesh,

Blue sky after 8p, yes?