Member Info for Propinquity

Pablo, Your maths is superior to mine, hence no disagreement from me.

JD, Indeed, SML broadly funds its own projects; let's wait to see what surprise JP can pull out of his sorting hat, for he and the other directors would doubtlessly want to placate the frayed nerves of the investors, big and small.

Welloil, Interesting, yet credible, speculation.

Good news, folks.

Now, however, those Togolese ministers need to all get into a room, at the same time, to grant us the world's most elusive mining licence.

Now, you can read Andee's waxing on about this share, Moon.

Fira, I'll leave you to answer your question 'Why do you compare it to other AIM companies?'.

Less about complying with the majority, and more about a) reading properly the RNSes of the company in which you are invested before publishing contradictory information, and b) lending rationality to the proceedings instead of humdrum snipes.

DGR, Not sure how many times that last paragraph has been disseminated on this board - but you would have though that some would have had the inclination to read it before implying that all our projects have died a death through lack of funding.

Fira, DVH's posts are objective, insofar as he posits the pros and cons - clearly and concisely; while, conversely, yours express mostly cynicism and monotonous criticism without tempering them with any impartiality. This company - despite its recently atypical lack of foresight - still possesses revenue-generating assets that cover its costs while funding their development - and our overall strategy; not many AIM companies can credit themselves with that. The market should be mollified when LC news comes.

My response was tongue-in-cheek.

Toiler, You have accurately articulated what seem, at present, to be the feasible options for progressing LC to a hugely profitable mine; it would depend on whether our current revenue (without its increasing over the next couple of years) would allow LC to reach its originally forecasted turnover in a reasonable amount of time while allowing simultaneous advancement of Redmoor; whereas a JV - or other form of external funding (not via AIM, of course) - could stimulate both of those projects to reach their goals in half the time, with the possible corollary of further increasing the development and turnover of Leigh Creek. So many variables - time, budget, scope, resources, level of external funding for share of company, off-take agreement, to name a few - to cogently conjecture the eventual outcome at LC.

Of course, Fira, I forgot that you prefer only wholly negative posts.

Any positive news on it - be it on progress or a JV - could rocket this to 2p.

Jo Wiley says, 'We're looking at a US listing as part of our short-term plans.'

Andee, I laud your effort to motivate those who have lost interest in Keras itself, and remain invested for only the pending CAI share-distribution: after years of waiting for that elusive licence, not many believe that it will be granted.

Does anyone think that a form of legal jiggery-pókery could be deployed to reduce PIs holdings in CAÍ? As you can probably surmise, distrust is seeping in.

Cracking - I noticed it after I had just sent it - always typos whenever I post from my phone.

Leaner, Thanks for those links; will try to peruse them.

SBK, No good to us, then - we still need that licence.

Less an imminent licence, and more an imminent delay - oh well, wouldn’t want to deviate from the latter’s status quo