Member Info for Propinquity

An excerpt from Tun West’s May 30th RNS on how regional mines - hello, Redmoor - could bolster commercial and production longevity in the South West:

‘ · Mine expansion to target identified resources at Hemerdon ("Hemerdon Futures") to significantly further improve Project economics and extend the operational life of mine, potentially to over 40 years, with further near and far field regional growth opportunities’

I feel that the financing and subsequent production of Tungsten West’s Hermedon mine will be a major kickstarter for a significant upward move.

For me, at least 4p-plus.

Https://www.forbes.com/sites/davidblackmon/2025/07/14/yergin-americas-copper-hunger-increasingly-hard-to-feed/

Indeed, thanks to ShangriLa for the AGM update.

The important point: Cobre continues to generate a healthy cashflow - in today’s RNs, the BoD put in an intriguing comment on the continued strengthening of the Cobre operation (perhaps alluding to more customers and a bigger revenue); and Leigh Creek and Redmoor progress according to their plans. This company remains ludicrously undervalued in relation to its current cash-generative position, the potential of a multi-million pound windfall from Leigh Creek, and the as-yet unquantifiable value of Redmoor - the new authors of SML’s script will increase its book-value by releasing its amended story, chapter by chapter, over the rest of this year.

That’s quite some consistently heavy buying over the past few weeks.

Q2 results over the next few days; H2 results sometime in September.

One fairly big buy and two small-ish ones do not make a pattern of trading in a share that has had very little turnover over a rather long period of time.

…and to the k.

Non: I have fallen asleep after reading the first page - although, it is literally now my bedtime.

Thanks, Tro.

Big buys again. - or sells?

However, they released Q1 results only three days after it had ended.

Either tomorrow, or next week.

Yep, I wouldn’t touch this one with even a penny: Calidus was plugging itself as the next big gold producer, with its BoD heavily invested - and then arrived the administrators. Keras’s BoD has not indicated in any whatsoever when they expect to turn a profit - it seems they will make more money from the fees from our former manganese ‘operation’,in Togo, than the US operation.

Two 25k buys at the end of the day, I think.

Sorry, Trout - and thanks to you, too.

Be fearful when others are greedy, and be greedy when others are fearful; the latter clause perhaps relevant to the current - and future - state of SML.

A multi-bagger in the making.

Gracias, Slurm.