Member Info for Propinquity

For clarity, I would rather they not raise - but at least it’s to purchase full ownership of a potential world-class mining resource, the strategic future of which now rests entirely in our hands - benefitting us all.

Let’s hope that an interview is broadcasted later in the day.

Listen to their previous interviews - they have always caveated that raises would never be ruled out for increasing value - people only listen to what they want to hear.

It’s to purchase Redmoor - not keep the lights on - the BoD has already collectively reduced its salary by 25%.

And, Is the raising a surprise? It should not be: the BoD has never discounted it (pun, intended) for value-accretive acquisitions.

Now with the irksomely worrying uncertainty of funding for Redmoor removed, the company can progress it, particularly to increase its value by diligently funding it from Cobre. And, as for LC, we all know that, notwithstanding any monies received from the arbitration win, a joint venture seems the most likely outcome to commence a second revenue stream.

No need to oblige you with my reasons - read my previous posts.

The question you should ask yourself, however, is why you invariably berate the company, the BOD, and anyone who expresses balanced opinions, yet supposedly remain invested - quite a curious contrariness.

Still, one should attempt to savour the underlying taste of humour in your monotonously, sarcastically discrediting posts that serve - no more and no less - to irritate and to provoke the mild-mannered, objective posters of this board.

Well aware of that, Fira - if you had read my posts on said topic, you would know my opinion on extracting any money from the arbitration. So, perhaps you might gain a modicum of credibility if you desisted from sounding like a macabrely never-ending storyline from a bad soap opera. JP et al. should consider outsourcing you to drill a borehole from an oil exploration company.

Our time is coming, folks - over the next year, multi-bags to be had.

Fira and Djryan - the cruxes of the dictionary definition of a dilemma.

Must be the lack of Covid-lockdown content - seems that Looney Tunes are on repeats.

JD, Now, you know one of this board’s well-documented negative narrators would be more content if his monotonously storied content contained a three-headed dog, akin to Cerberus, that would accept into Hades - let’s hope we find tin that far down - those dastardly directors who failed to cut their pay by at least fifty per cent.

Markyess, I’m with on the big-money pullback of the gold price - about as likely as the current cabinet being even remotely likeable, let alone competent.

Long-term bullishness on gold:

https://www.fxempire.com/forecasts/article/gold-price-forecast-pullback-ahead-as-gold-approaches-1800-652507

Slurm, Superb find!

In addition, the arbitration process corroborates to me - yet again - the integrity that our BoD demonstrates; that admirable quality, let alone the manifest other ones that it has shown over the years - along with the considerable amount of the company it owns - further imbues me with confidence that the company itself will prosper henceforth.

Black sheep, I would agree with your sentiments on the certain few - both churlish and childish.

Tarry, All market-sensitive news has to be published to the stockmarkets, as part of their regulatory compliance - of which Twitter is not a part, save for a few tweeters who write about the markets. ;-)

The decision itself may be this Saturday, which is the 30th, with the RNS on Monday. Or, the ruling has been issued, with both parties in the throes of negotiating a mutually satisfying sum,

Tarry, The first sentence of that RNS excerpt that you have posted has always concerned me: it clearly implies that it has access to very little funding - unless it decided to play games, from thereon.

https://www.proactiveinvestors.co.uk/companies/news/915478/amryt-pharma-well-capitalised-and-resilient-with-recurring-revenues-says-ceo-915478.html

Quite right about the Nasdaq listing.

Indeed - hard to recall when this share had previously risen slowly yet consistently over a number of days as it has now.