Member Info for Propinquity

https://safehaven.com/commodities/industrial-metals/Is-It-Time-To-Turn-Bullish-On-Battery-Metals.html

OK, Tarry, for argument’s sake, we’ll walk away with a grand ;-)

Markyess, Agree with your conservative calculations on the share-price, and on your holding onto CAI for a major to buy them from you.

Markyess, Like your confidence on 1p pre-consolidation - but I’d like to know your prediction on what our valuation will be before this year ends.

From their seeming disdain towards SML in so far as nonchalantly breaching the contract, it might be that they are neither scared, nor have the money - hence, why an unsuccessful outcome is probably priced in.

Bassguy, Invariably difficult to beat the market when trying to buy and sell to maximise profits - but, in reality, with AIM, more like to optimise one's losses; experience with AIM fundraising would point to KRS's share-price hovering around the placing-price of .0015 until after those new shares hit the market, on Feb 12th - and assuming that no rerating-related news appears between now and then. Top-up time!

from next week onwards, folks.

It may be wiser for investors and markets to price in an unsuccessful arbitration result - always err on the side of caution; besides, when that major-client dispute settles - either way - the BoD can fully engage themselves without distraction in progressing our projects; that dispute, LC financing, and the Redmoor payments heavily weigh down our share-price - BoD have to lift those weights off - soon!

P2CR, Hmmm...could they be well-timed? They certainly are well rounded. With February within touching distance, I would now expect the BoD to start releasing materially significant news to acceleratingly increase our revenue by year-end.

Folks, Stop panicking over the short-term malaise of the copper price: China's self-imposed semi-quarantine - crucially, over the Chinese New Year, traditionally one of the busiest economic periods of the year - will temporarily significantly reduce consumption and production of numerous goods and services in the majority of its industries; and, as China remains the world's largest user of copper, it has/will reduce its use of it while it enforces restriction of movement to contain the coronavirus; after the threat passes and the quarantine is lifted, demand will increase, perhaps chivvied along by China's authorities, to cover for lost time.

Think about long-term supply-and-demand trends for copper, not the markets' myopia, exacerbated by negatively transient global events:

https://roskill.com/market-report/copper-demand-to-2035/

https://smallcaps.com.au/copper-demand-to-double-forcing-miners-more-for-less/

Interesting tidbit on Freeport, towards the end of the following article:

https://www.reuters.com/article/global-metals/metals-copper-rebounds-from-near-4-mth-low-as-investors-review-virus-impact-idUSL4N29Y1PZ?feedType=RSS&feedName=companyNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FcompanyNews+%28News+%2F+US+%2F+Company+News%29

I think PC's being cautious in his valuation - a good investment strategy ;-)

DV, From what I've read on miners and their investors, they invest predicated on mid- to long-term supply-and-demand trends, completely eschewing markets' short-term panic-driven price-fluctuations - so, am I worried about the markets' overreaction to copper and other metals' price - no, definitely not.

Did anyone notice the following comment, on page 5 of the presentation?

'Commissioned Scoping Study on potential to produce battery metals in Togo.
Targeting a 50ktpy plant producing manganese sulphate to the battery and fertiliser markets'

Blue-sky potential, folks!

PC, I thought about exactly those calculations, last night, poised to express them myself - you beat me to it!

Fira, All the recent information points to negotiating financing to move LC into production, this year; the first milestone of which will probably be submitting the PEPR, which JP has stated will be around the end of this Jan. So, the can has probably been kicked down the road once or twice but has, for the past few months, been stopped, picked up, sipped by various friendly teams to ensure the right flavoursome minerality tingles their financial tastebuds - before discovering that they can pick up a lot more tin cans.

Sammy, Am objectively well-balanced summary of our currently unwelcome project-financing gallimaufry.

Folks, Why discuss the licence when it’s already been approved and granted to us? We await the signings of the contracts between Keras and its Togolese subsidiary and the lucky off-taker for our high-quality manganese.

Chesh, Would you like some chips with your Kod.