Member Info for Propinquity

From my research, the statement, at the top of the page 19, may imply financial assistance to kick-start large-scale Cornish mining - https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1028835/261021_Regional_fact_sheets_v4_Tuesday_230pm.pdf

A simple question for my fellow Kerasers: With our US mining season active for only three months, from end of July to October, what other productive activities aside from sorting and bagging the various grades of phosphate would we be engaged in between November and June?

That is quite the quip!

I hope that he does not panic-buy another project just to chase that elusive share-price multiplier - that’s how it strikes me, at the moment.

That is not a lot of cash to cover a lot of cash-sapping activities, for example, pursuing another project in itself will consume a lot more than £1.5 million: operational costs, more discovery and analysis, proving up, staffing, consultants, PFSes and DFSes - rinse and repeat; get Toral funded and done, with a lot more cash in the bank, then pursue diversification.

LR’s interview does not instil much confidence in me in his direction for the company - for example, he mentioned that despite the good operational news over the past twelve months, the share-price moved downwards; well, perhaps he regrets declaring that he is uninterested in the short-term share-price.

Funding-confirmation highly likely to offset the impending dilution-related decrease - by some distance.

Grappa, Brilliant!

Notice that they have overlooked the the most-recent dilution - no tweets beyond the company’s official account.

Particularly to console EUZ’s PIs - and to explain what he means by ‘refocus’.

Wait until the first week of November - or December, when the second, yet smaller, tranche hits the market.

Bricks, You’ll get my vote.

Valuation, That’s my interpretation, too.

Will LR have the cojones to defend in an interview this bitter-tasting raisin’?

Must be the value-event that he referred to - months ago - but only for the money-men who broker dilutions. Is LR to be trusted in anything that he declares? For how long has he been running this project - without realising any value? Is there a long-term future for EUZ - without dilutions for drilling and for supposedly adding value and schmoozing the junta? And who said that we were fully funded until next year?

Gorsuch, A multi-debagger or a multi-deflator?

Just sell Redmoor to Mr Thompson, of TungstenWest, and watch and learn how a competent, investor-friendly mining expert increases value for shareholders - I’m sure he’s already researched SML, and horrified at the disproportionately high remunerations of the BoD, not to mention their failure to monetise LC despite owning it for nigh-on five years.

And spare funding capacity, too, non?

Grappa, Because of changes in regs (Australia?), MMs mentioned that EUZ has until the end of November to release the results.

Blue Spec is one of the highest grade gold resources in Australia, with a current endowment
2 1 9 k o z @ 1 6 g / t . I m p o r t a n t l y , m i n e r a l i s a t i o n i s a l s o o p e n a t d e p t h w i t h s e v e r a l h i g h - g r a d e
i n t e r c e p t s o u t s i d e t h e c u r r e n t r e s o u r c e . I n o u r v i e w , i n f i l l a n d e x t e n s i o n a l d r i l l i n g a t B l u e S p e c provides the potential for exciting near-term news flow.

LME can, of course, attempt to reduce the price of copper by implementing emergency measures on supplies in its warehouses, but the fundamental structural problem of dwindling copper mines and grades, they cannot: at some point, the price will breakout - and LME will be powerless.