Member Info for Propinquity

Toze, Even if the strategic review sprouts a negative short-term result - say, a JV partner for one (or two) of our assets, or possible further dilution - it would be highly unlikely that its bitter aftertaste would linger until this time next year: if, for instance, a JV partner injects cash into LC, to increase copper-cement production, then its sweeter, juicier fruits should ripen for picking in a significantly shorter time than we would have otherwise expected. But, of course, we speculatively hybridise the various strategic seeds planted by the BoD, and collectively intimate it to grow into a Venus flytrap.

The debate would be more informative with more-objective contributions rather than the 'hell in a handcart' insinuations - or have two revenue-generating assets been conveniently forgotten in order to magnify the overly negative agenda? Yes, I am as displeased as others on the Cobra-related negativity that has recently transpired, but we own assets and have corresponding projects that would be the envy of many similar AIM companies. Let JP et al. beaver away at finding a solution to this unenviable problem, for positively surmounting it would be a tremendous indication of their competencies - and leadership.

Exactly the type of Cobre conundrum that has to be clarified: in addition to supplying magnetite to our existing customers (inc. the major one), do we have enough to supply new customers?

I would really like to hear Pete Wale's take on this situation.

I was wishing - on a prayer, in hindsight, obvs - that this would net me a handsome six-figure sum by this time next year - still may happen: JP, the harbinger of unexpected good news; but, it seems the BoD's optimistically self-imposed share-options may not be fully realisable until mid-2021. Most importantly, however, this company's fundamentally strong, long-term revenue-generating position remains together - it would now entirely depend on how the BoD would find short-term finance to fulfil the long-term aim without ravaging the share-price.

Oh, well, KRS will be my multi-bagger before the year-end - which I never thought would happen before this one.

An optimistic counter-view: and what would happen to the share-price IF four million dollars hit our bank account, or even half of that - a steady reinforcement to halt the steady decline to one pence, or a push towards two pence, or a bounce between one and two before LC starts the initially expected revenue?

I'd rather wait for Calidus to be valued closer to its peers- about 150m AUD, as Dave mentioned, in that video - before being taken over by a big minerals company.

Even with the release of the Calidus PFS, still so much positively expected news:

Togo managanese mining-licence
Offtake agreement or JV partnership to mine manganese
Togo stage two to produce silico-manganese - big profits
Potentially other on-trend battery-metal acquisitions
Post-PFS rerating of Calidus, 50 mil AUD currently - peers valued at 150 mil AUD - triple-bagger, right there
Free Calidus shares to KRS holders

all leading to an unguessable multi-bagger of a share-price.

Feel free to add or amend.

Would depend on how you would classify loyalty; it seems that many here objectively equally praise and criticise the BoD since its collective balls-up - certainly not fawning over them.

And its payment would probably result in a 2% increase, immediately followed by a 4% decrease.

As we all know, AIM’s decreases and increases are always exaggerated, rarely reflecting a company’s true value based on its assets.

Hey Futures, Mine, too - always been about 2020 onwards; so, let’s see how the BoD manages this - largely, yet rare - self-inflicted wound.

Futures, Good to see you’re still around - I thought we’d lost your powers of prognostication.

Smoke and grey clouds eventually blow away.

Some want a quick buck, and become upset when plans work against short-term aims; of course, individual strategies exist on investments, but AIM companies like this one remain a rarity - always expect the unexpected - despite the BoD’s recent lapses in tactical judgments; yet, overall, what they have achieved for this company and its investors since they stepped into their current positions has been nothing short of overall progress, which would have been unimaginable four years ago. To wit, although you may not multi-bag on this share over the next year or so, the mid-term multi-bagging potential persists, undimmed.

Completely predictable herd mentality: any negative sentiments amplify on these boards, which exemplify echo-chambers; take a step back, and view the blue horizon instead of being temporarily blinded by gazing directly into the sunlight.

Even with the release of the Calidus PFS, still so much positively expected news:

Togo managanese mining-licence
Offtake agreement or JV partnership to mine manganese
Togo stage two to produce silico-manganese - big profits
Potentially other on-trend battery-metal acquisitions
Post-PFS rerating of Calidus
Free Calidus shares to KRS holders

all leading to an unguessable multi-bagger of a share-price.

Feel free to add or amend.

A potential short-term bagger while we wait for SML to ascend to 2p-plus may be KRS - Togo manganese mining--licence to be imminently issued, plus about 6k’s worth of free shares - before the end of this year - in Calidus, an Aussie gold explorer, for about every million KRS shares that you hold.

have dampened what would otherwise still be a dazzler of an AIM company - Redmoor, UK, a fully owned, world-class, potentially largest undeveloped, tin mine in the world; Cobre, an already revenue-generating, overheads covering US asset; and Leigh Creek, Australia, a new copper-cement asset that has just started production, with initial full productive capacity expected in the first half of 2020; all those three assets inhabit relatively politically, regulatory, and commercially stable jurisdictions. The combination of those three assets - two of which are producing cash - with their locations would be the envy of the majority tinpot, BoD-lifestyle-funding companies. So, yes, recent events have coalesced to thwart the much-desired share-price boost to 2p-plus - but, the mid- and long-term fundamentals endure, with tactical adjustments on maintaining that momentum. Chin up!

If the share-trades information is displaying the true buys and sells, then about 85k’s worth has so far been offloaded today, reflected in the share-price decline.