Member Info for Propinquity

I’ve written off the four million coming from them - and instead class it as a bonus if it does. It feels as though something frantically major is happening behind the scenes.

...coiled spring, just waiting for Calidus's PFS and Keras's mining-permit.

A gut-feeling - coinciding it with the release of the PFS. AIMO.

...free shares in Calidus when you buy into Keras - once-in-an-offer lifetime that will be pulled anytime between now and July 31st.

...I had more moolah to invest in this soon-to-be multi-bagger of a share.

Although my short-term (a subjective definition) optimism slightly is deflated, my medium- and long-term (again, subjective) optimism remains unpricked - SML's strategy continues apace to ensure LC become a greater source of income than Cobre, reducing our reliability on its unreliability of some of its customers.

‘An’, not ‘Any’ - blame my mosaically cracked phone-screen.

Any interesting point, DGR.

The 5.5p options now seem almost Sisyphean.

Renewable, Of course, the majority would rather avoid fund-raising that dilutes a company; but, in my opinion, that fund-raising was not sudden - it's been mooted before, in the context that it would be specifically to augment the company's value, which is exactly what's happened, to complete 100% ownership of Redmoor (yes, I know we still await an RNS to confirm that transaction). In business, uncertainty is a common theme, for various reasons - particularly in AIM companies - with, one would hope, counter-measures to mitigate them; in this instance, because of the uncertainty surrounding that Cobre client's delay in payments, JP et al. opted for the least-satisfying, yet with significant long-term benefits.

Monty, You raises an interesting question on wet season(s) - that excerpt comes from the April 29th RNS, meaning that it was released during this year’s first wet season, which is still ongoing; therefore, was Russell Lamming intimating that authorisation can be expected anytime between August and October, before this year’s second wet season starts?

Happy for someone to correct me if I have misinterpreted the information.

Earny, Yes, I would have thought so, too.

Absolutely agree with constructive criticism; however, VanVan, your disproportionate excoriation of our BoD would be better laid at the doors of the lifestyle BoDs of other AIM companies that continually raise funds to ‘keep the lights on’: this BoD has been nothing but transparent - fund-raising for enhancing the company’s value has been alluded to in various media outings over the past eighteen or so months. But then again, at least our Bod are unlike that slippery rhetorician Kerim ‘fundraising specialist’ of AAU, which I know is now turning the corner - but only after years of stagnating share-price and a continual erosion of PIs’ trust - I know whom I would trust with my money.

Good question

Trying to balance the incoming news might prove difficult: any price-sensitive news has to be published - for example, it would be illegal to withhold any Togo-related news in order to coincide it with any from CAI.

MK, One would have thought so; but I remain - yes, in that greatly vexing topic of our times, too - eternally optimistic in our BoD’s abilities to wisely choose the right option to increase our company’s value - only one of the very few AIM companies whose BoD can be trusted with our money.

Payment due to fully own Redmoor in seven days’ time...

Black sheep, Thanks for your articulate summary of last night’s shin-dig - it’s given me another leg up in my already-high hopes for the success of this bee’s knees of a company.

Chesh, If you’re Amish - I’m surprised you’re on t’internet.

I implore my fellow long-term investors to not discourage Nickel from posting on this board: he brings the yin to our yang. ;-)