Member Info for Propinquity

Do we believe JP’s statement in the RNs of November 15th 2024?

“ Commenting, John Peters said: "Following the turnaround at the Company's Cobre operation in 2024, the business is now in a much stronger financial position. As the Company's focus is now expected to be on the development of the planned Redmoor Tungsten and Tin mine, and given my age, I considered this an appropriate time to step down as Managing Director. I firmly believe the Company has a bright future and will remain a supportive shareholder and I do not currently intend to sell my shares in Strategic Minerals." ‘

Due towards the end of this month.

I presume the shares issued to Russell Lamming in lieu of £66,000, in August, indicate that the company has very little free cash flow.

Despite PW and JP’s exit from the company, they still know to keep a good share down.

Https://x.com/robert_ivanhoe/status/1964637854555893941?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

But didn’t they believe in the company’s - juggernaut-esque - potential?

Two £40k purchases yesterday?

And supposedly believed in the company’s prospects.

As always, thanks for the reponses.

The 10.5k transaction - a buy or a sell?

It’s already ensuring that we fall short of tungsten with its export-controls.

You are a cryptic mystic.

A consistent 5% rise every day, or every few days, with pauses for price consolidation, would be pleasing.

Tro, What was back in the spring?

Slurm, Thanks for the heads-up; not sure I’m ready to risk investing in it, at the moment.

Jdub, Good to hear.

Hope your call with Mark left you feeling bullish about this company.

Indeed, the website needs a major overhaul - it’s a mishmash of web-design trends from different ages of the internet.

Likewise, I have used up my investment quota,

Learner, Would you mind putting through similarly sized transactions, so the price can move north, please.

And, in time, to Redmoor…