Member Info for Propinquity

cperkin, Good to see you still around and well - and hope you are profiting from this topsy-turvy world of AIM.

Red, The 'shelved' statement has to be taken in context of the progress - or lack of, in the neggie nellies' world - of the other, cash-producing assets, insofar as they will proceed with it as and when they have spare funds that could not otherwise be used to increase the latter's revenues.

cperkin, You still posting on the world-conquering 'M' board?

Red, I'm not sure they've definitely stopped anything at LC - unless I've misunderstood the BoD's previous comms - after all, why would they halt the process, particularly they're ramping up to full production.

As for undervaluation, I am seriously considering to cash in my Jupiter India fund, and investing its proceeds into here.

The areas causing panic for investors:

Main Cobre client's not coughing up the cash ($4m)
No news of new Cobre customers
Staggered payments for NAE's half of Redmoor, leaving them with a charge on SML shares should we be unable to fulfil payments
No clear indication of when LC will be fully producing
Still awaiting Hanns Camp's results from Dr Gole on potentially mineable deposits of nickel

Other than those points, our two cash-producing assets Cobre and LC, the former covering main operational costs while the latter is now producing, with a flood of cash washing up from it in the company's accounts from next year.

If only I had followed Nickel's advice - how could anyone question his smugly prescient advice.

Cperkin, Supposedly, sometime in Q1 next year; but, based on all the negativity, you may as well subsume it into H1 next year.

As has been reiterated many times by various posters - AIM companies' valuations largely follow the see-saw of their investors' sentiments; and, the fundamentals of this company remain largely intact.

Why should your belief be construed as blind faith? You are, after all, along with others, invested in this company premised on the collective competency and experience in the BoD, on its assets in some of the world’s safest jurisdictions, and on your research from this company’s reams of publicly available information - blind faith, on the other hand, is invested in serial fund-raisers that possess only a pick-axe and shovel and lifestyle BoDs,

Slurm, Sometimes, brisk language conveys one’s thoughts more succinctly than politesse ever could.

As for the review, time to stop second-guessing, and instead wait for its contents before debating it any further.

First port of call would be to remove your head from yours, along with your hands: your posts remain the most irrationally, contradictorily constructed, becoming evermore clouded by bitterness. You are boring.

Fira, You talk utter sh***.

Fira, Your posts indicate that you're on something - LOL

If it's 30-plus posts on surmising the review's contents. imagine how many'll be posted, post-publication.

Don't get that one, either.

i still hold AAU, in my SIPP account, as a long-term investment; I made a decent profit from it, in my trading account, a couple of years ago.

So, two days to receive it before mid-August; and if you stretch the definition of it, by Wednesday, August 21st.

MK, Agreed.

VanVan, No made-up stories to satisfy my own disappointment in SML, I'm afraid; good luck if you believe in AIM brokers' buy, sell , and hold recommendations - the majority of AIM ones are not worth the paper they are written on.

VanVan, Which is what I have been promulgating all along - wait for the publication of the review before spouting about what amounts to the impending doom of this company.

Does anyone seriously - and logically - think that this company would be worth below £10 million with two cash-producing assets, one which covers overheads, and the other to start generating a generous amount from next year?