Member Info for Propinquity

Tarry, Hear, hear! A rational, articulate post that explains our situation - thank you.

Although that manganese price excites me, unfortunately the licensing delays - whatever their mysterious manifestations may be - dampen my hope in so far as to when we can commence operations to generate the much-bandied-about different revenues-and-profits forecasts.

Three major de-risking events to occur before any major unstoppably upward-rérate be bestowed by our beloved MMs; displayed chronologically:

1) Arbitration-ruling - probably only a moral victory without any realistically obtainable financial compensation

2). Final Redmoor Payment - possibly extended payment term,
or convert the outstanding amount into SML shares

3). LC Production - without financial compensation from point 1, to fund its commencement, then a JV beckons (which we know has been in discussion with potential partners, for many months)

Hi Markyess,

Thank you for responding quickly - and compendiously; you certainly mollify my Keras-induced anxiety.

Markyess, So, what would be your share-price prediction predicated on your looking-good calculations?

Keep hoping - and dreaming.

With all the historical over-promises and subsequent delays, don’t rely on any skid upwards momentum, any time soon, from this one.

Thanks for the RNS links - as seems to be a regular occurrence, this LSE fails to show it.

Slurm, You know I was being tongue-in-cheek, right?

You place a lot of faith RL’s foresight.

Hold on - Slurm’s being negative: Fira’s being positive - surreality reigns.

Absolutely disgraceful - bunch of spivs who work in finance.

Why discuss whether NAE would like its money? It’s abundantly clear in previous comms that it lends itself to a flexible schedule in receiving its final payment.

Shed, By the time this share hit 10p, Elon Musk may well have invented a time-machine.

ROFL

DV, You’ve been influenced too much by the sunlit-uplands, party-time prime minister that is Boris Johnson. ;-)

At least it would be a deal rather than no deal -unless one might favour the latter as a supporter of this country’s most salient, divisive, Union-ripping, pre-Covid topic.

JD, Which has been my thinking ever since the arbitration was announced.

Either non-dilutive financing or a sale - please.

LR said that news on cost-cutting would be imminent - which was a few weeks ago.