Member Info for Propinquity

DV, No news is good news - so far.

Diggit, Wish you the best with your investments - worth remembering to see beyond the pandemic, because it will pass, with a recovery over the next year or so in the markets; on the other hand, no one can accurately predict the post-Covid economic outcome.

Diggit, Agree that the markets’ irrationality provoke an ire in investors - however, Russell’s poorly worded comms, missed timelines, and what amount to false promises counteract the little inoculation of hope that was injected over the past year or so into this share, weakening its already-battered immunity to virulent strains of bad news.

In other words, Russell is mainly at fault for this share’s decline - with or without Covid.

Russell's credibilometer with his investors must have precipitously declined as much as the world's stockmarkets' indices - but at least they have a reputation for rebounding.

Who would like to wager on how long the delay could now be (coronavirus-related ones aside) - a couple of months, or six, or another year? I suppose it might depend on how long it could take for Russell to spin another yarn.

https://polaris.brighterir.com/public/keras_resources/news/rns/story/x2opglr

Fira, Boris is no less a clown than Trump - yet this sceptred isle voted for him, mainly for his trapeze acts on the truth, juggled by his clowns in his Brexit circus.

https://www.forbes.com/sites/greatspeculations/2020/03/12/is-freeport-mcmoran-set-to-capture-50-of-the-copper-market-by-2025/#26a95d867d75

Shinfalls, It works for me - just tried it on my iPhone.

Thanks, Markyess - I didn’t know that.

Come back, Dave...

Markyess and Chirps, The asset in and of itself is not a problem: we understand not only its current commercial value, but also its increasing one, as production steadily increases throughout this year - unfortunately, it's Russell's inability to instil into investors an unshakeable confidence in his ability to deliver its monetisation.

From slide 76 - https://www.slideshare.net/TeckResourcesLtd/march-2020-investor-meetings?next_slideshow=1

The sort of comment that the nonsense Johnson would blithely scribe in one of his articles.

As for KRS, I hope Russell knows his onions - shareholder-value has been eroded, over many years, with only Dave's successful venture into CAI proving to be an organic fertiliser that has allowed us to reap about half our crop from the continual toxic elements that have stunted its potential bountifulness.

I can't help but feel that the signing will be yet again delayed...

This share-price declines because of the broader pessimistic outlook provoked by the as-yet unquantifiable detrimental effect of Covid-19 on the global economy - and absolutely nowt to do with this company's fundamental value.

https://m.miningweekly.com/article/copper-demand-price-will-pick-up-later-in-the-year-says-fitch-2020-03-09/rep_id:3861

Kezz and BiB, A realistic precis on what KOD has to do in order to revive confidence in its investable credentials - until then, the ‘according to BA’ tag-line is for the fairies, supposedly at the bottom of one’s garden.

Mark yes, The other, notable difference: Dave Reeves heads up CAI - a man whose ebullience and competence engender trust and confidence.

Wish Russell would expedite the contracts and the subsequent mining...