Member Info for Propinquity

Would any sane business want JP and AB within their ranks, especially after their jointly responsible decimation of this company’s share-price? Probably not - quite easy to research their collaborative incompetence of the past few years.

Lupi, Thanks for asking around about the consultants - a usefully reassuring response.

An inexpensive sugestión - imprint some native Cornish flowers onto it.

Troajan, I understand that - but they could have achieved that a year ago - at the very least.

To wit - PW is the only one with credibility and an instantly recognisable professionalism, whereas the others convey an untrustworthiness that even Michael Gove would find hard to - naturally - imitate.

BOD’s recent history: overpay for assets that are a)from your mates and years from production (Redmoor); and b) haemorrhage money for consultants to continue a seemingly never-ending quest for value-increasing nirvana, without achieving it - witness the past couple of years’ share-price decline.

Next RNS - we’ve employed world-class consultants to bleed yet more of our cash in order to examine with a magnifying glass the current LC mining documents for any value-enhancing elements that our collective expertise may have missed.

DV, My thoughts precisely - seems the BoD has been hanging around with sloths - but at least the latter are trustworthy and dependable.

JP should be Boris’s chancellor; AB should be Boris’s spad.

Correct, Troajan - and time to leave that argument, and entreaties for one.

I have never encountered any BoD that admits its mistakes, let alone an AIM one - so, that's never gonna happen.

All the pros and cons are valid: for example, Samroy with his reasonably inferred optimistic view of the future; and Lupi and Tarry with their correct assessments of the BoD's recent, yet gargantuan, miscalculations that have poleaxed the share-price.

However, rather than bickering ad infinitum on the same topics, without ending them with a mature conclusion on the company's future, both current and future investors/traders should calculate the BoD's historically poor performance into their investment decisions, particularly by whether they would conclude that the worst is possibly behind SML, thereby leaving it with the strongest strategic foundation in its history - especially compared with its previous incarnation when its price hit 3p-plus, on excessive speculation - to meaningfully build its way to future success.

Unfortunately, I can’t see it happening until next year - at the earliest: Togolese govt is uninterested - plainly clear by its six-year-plus delay; plus, we’re diversifying away from our single point of failure, by our USA investment.

We're certainly not a bunch of smarties for investing in this one.

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

Well, waiting for the licence has been a marathon while our hoped-for bounty has been reduced to buttons - all because the Togolese govt revels in its curly-wurly of a bureaucracy. As for the M&Ms, they’ve turned us into a picnic short of a basket.

Yeah, whatevs!

Laptop, Are you Chris Brown?

Echo, That was aimed at DV.

Slurm, Would find it hard to disagree with you - we've all been excoriating the BoD, for months; yet, let not the red mist haze our own view of the future.

By the way, you've probably upset our resident Victor Meldrew.

Dunno - why, are you?

;-)

Samroy, Many LTHs rightly express their collective annoyance - as do I - at the past few years of the BoD's misinformation and mismanagement; however, the company has never in its entire history looked in better shape - strategically, financially, and in its near-term fulfillable financial potential. Decouple emotions from the investment case - at this ludicrous undervaluation.