Member Info for Propinquity

Where are our Twitterati followers?

Come on, Fira, own up - you’ve just bought £2.48 worth of shares.

https://www.investopedia.com/terms/p/pre-ipo-placement.asp

Cheers.

Sheepster, How do you know?

Trout and SW, I indeed concur with your thoughts.

For 2.2 million, a loan may be more favourable to us small investors - however, we possess only conjecture on what the funding deals could comprise: for example, would LC on its own be worth significantly more than SML, thereby allowing LC to raise, say, 10 million, with a large chunk of that returned to SML, as its parent company, providing funds to progress Redmoor? Lots of financial permutations, I should imagine.

‘Will’ signifies that something will probably happen - so, according to the RNS, finance will almost certainly land after the PEPR; but, it could, might, or may, be before.- if we’re a bit lucky.

If that were one of the blue-touch-paper, large RNSes that JP referred to, in his previous interview, then it’s acted in the opposite direction to what he had expected.

ASX understands more than AIM on how to realistically value mining companies - and is less prone to wild sentimental swings.

Not feeling positive about receiving a licence; this is utter torment.

The RNS states that funding will be received after the PEPR - if not before; any time between now and mid-December - about four weeks.

As for the ASX listing, it could happen in one of two ways:

Either it lists under the SML banner, presenting investors two exchanges via which to trade its shares.

Or, lista new company that focuses on LC - and any other Australian tenements that might be bought with the raised funds - with SML’s being one of its main shareholders, providing each SML holder with a free carry; for reference, check AIM-listed Keras Resources, which ties up the loose ends of a similar situation by gifting each of its shareholders a significant number of free shares in its ASX-listed company, Calidus - my free shares from that alone has paid as a free carry my entire portfolio.

That is true - but he may prove hard to evict from the Oval Office.

No different from Trump, then?

https://markets.businessinsider.com/commodities/copper-price

been swinging wildly - upwards.

No idea who DJ is - but within my profile, a moniker with those initials resides in the filtered list; so I have no visibility of said contradictorily capricious contributor’s ramblings.

Ungulate, Over the past few weeks, the board's collective sentiment has shifted towards a happier consensus on the future of this company - bar Fira's, of course: he lives for the past, a bit like Victor Meldrew; however, the current share-price increase remains a typically upward reaction to the uncalled-for decline of the past week or so; in other words, it's as we were, between .04 and .05 - unless a market-related entity is privy to some upcoming positive news.

Any rises to .05p will be sold into - and, for your sanity, ignore the Twitterati - even a broken clock is right twice a day.

Feels more like a positive-sentiment increase than a leaky positive-news one - jus' keeping' it real, folks.