Member Info for Propinquity

Why are those two 39k sells, on June 24th, showing on today’s trades and with minus signs in front of them?

Were those 39k ones buys or sells?

With copper’s steadily upwards trajectory, LCCM proceeds should be hitting our coffers sometime this year: it’s highly unlikely that the buyer would want to delay its flotation on the ASX when instead it could quickly start its operations, to produce and sell the copper for a reasonable profit.

This board’s posters’ consistent level of positivity, over the previous few months, must be making our BoD blush - no wonder they decline media interviews: their faces must be near-perma red from reading our posts.

Evident until at least June 2026, meaning higher prices over the next year or so - https://www.mining.com/copper-squeeze-deepens-as-lme-stockpiles-plunge/

Some crazily big buys over the past few weeks.

Curious as to how the market works.

Creeping into the 0.3 tier.

My biggest worry remains that the UK govt excels in over-deliberation on anything that’s deemed strategic, even when other countries could put us in a chokehold over resources such as tungsten - see our oil and gas industry: although reducing the use of fossils is a laudable and sensible aim, don’t disincentivise the fossil-fuel industry from investing in, for example, the North Sea, when we then strike energy-supply deals with, say Norway, which extracts its fossils from the same place we could, but have chosen not to; and, in the meantime, we have some of highest energy prices in the world.

The purchaser of LCCM will not want to hang around for six months for its IPO; it’s highly likely that a lot of the IPO’s administrative work has already been completed - no way they would have agreed to pay the 100,000 without confidence in floating it,

For other potential mines in the south west - see p. 9 in the following presentation: https://www.tungstenwest.com/_files/ugd/3e92e8_457d42597de9435f9114db3a4d77f14c.pdf

A smooth, positive update, conveying maturity - and a touch of class; thankfully, the Del Boy-esque approach to comms - especially in the media interviews - by the previous regime is ended. And, now, we remain laughably undervalued - and almost seem non-existent to the market.

@Lupi, I would never have imagined you as a ‘big up’ kind of guy. ;-)

Should be annual results, in the next few weeks.

Brighten up your day with rays of nostalgia - https://www.youtube.com/watch?v=WhK04YnaBWA

This share-price is laughably low.

Trajectory of the copper price is upwards - Leigh Creek will be profitable for whoever buys it; not to mention its potentially massive copper reserves may attract attention from the big miners.

About the third or fourth buy that size over the past week or so, no?

Too cheap, quite frankly.

Some news early next week, perhaps.

Nothing to see here - move on: they still need to find 800,000k to pay the last instalment, in July, for 100% ownership of Diamond Creek, and still we remain no more enlightened on its revenues - and eventual profits - forecasts.