Member Info for Propinquity

If it’s not bunkum - then, on that basis, you would invest in a commodity with a mid- to long-term downward price-trend.

What absolute bunkum - any commodity price remains irrefutably relevant: decisions for developing and producing a commodity. hinge on whether investors deem it profitable, especially through various information found in a PFS, DFS, and BFS - documents that contain prices of commodities that relate to their AISC and profitability; what you imply, in LC’s instance, is that even if the copper price were low, it would not impinge on the negotiations. For example, gold explorers, developers, and producers have found obtaining financing considerably easier since the gold price has surged upwards; conversely, were it falling, they would find it difficult - and more expensive.

Moan when the copper is low - then likewise when its high by asking why it would be relevant to us; perhaps it would be wise to think about your question - it suggests a rising price has no a affect whatsoever in negotiations and their eventual outcomes, or the consequent higher profit margins. Hell, don’t you wish for the copper price to crash - plenty of fodder for moaning.

Realistically, news toward the end of next week - at the earliest.

Freaky, Let’s hope that it’s even higher when we eventually do.

Here’s hoping that its ascent continues on solid, long-term demand for its attractive coppery goodness - https://markets.businessinsider.com/commodities/copper-price

Best to to remain healthily sceptical until we hear otherwise - it’s Togo - anything could happen - or not.

Samroy. Wish I understood charts - but I hope it means a huge uplift henceforth.

And KOD’s case is a miracle, whereas SML’s would not be - when it gains a JV for either of its projects or both, the rerate will be on their commercial fundamentals.

Fira, You do crack me up - KOD has never had any income, is at least a couple of years from producing any, and yet is valued at £14 million, twice as much as SML, with potential to go higher; therein lies the fallacy in that people think that the markets remain the perfect valuation mechanism - FTSE 100 and 250 maybe, but KOD proves that AIM‘s companies’ valuations remain mostly sentiment-driven - not on fundamentals.

Sammy, As I’ve always said, LC will make us - everything else becomes easier.

Well, Pinecone emanates a gentlemanliness and diplomacy that others would do well to imitate - specifically, posters on other boards.

Because, of course,an RNS would be written with the words ‘a tsunami of cash’.

Thanks.

What’s FCF?

Sorry, it was an AIM one that delisted and returned a modicum of funds to its investors - can’t remember its name, though.

For clarity for new investors, the awarded arbitration sum of $21 million, at present, seems highly unachievable - read the history of the Ponzi schemer, and draw your own conclusion on what you might think be a realistically obtainable financial sum: it would be unwise to invest in SML solely on that figure.

LC is the only attraction for me, whereas Redmoor is just jam-related noise that will become harmonious in a few years; if they get a satisfactory JV for LC, then all other aspects of the company look rosier.

And AAU was one I bought into when it was about 0.8p

Cyprotex was another.