Member Info for Propinquity

Thanks, Somerset.

We have a long wait, then, based on past non-performance.

What precisely is the purpose of our mysterious, uncommunicative BoD?

Critical, Thanks for your sage advice - I completely agree: let’s delist - pointless to continue running a profitable company without any upcoming projects that will increase its size and revenue.

As expected, the hot air has been released from under yesterday’s price uplift - for a steadier float while awaiting the next period of air turbulence.

At what sale-price of copper is the forecasted revenue based on?

It is steady enough to pay for existing operations, plus a little excess to keep the two other projects crawling along; so, a £2,000,000 buyout, equating to about a third below the current market-valuation of Cobre alone, that would confound even SML’s most-ardent critic (Fira, donde esta?).

Pinnace, I like a debate that covers the pros and cons - sensibly, fairly, and as factually accurate as possible, with deductions readily teased from publicly available information; therefore, under what scenario would a bid of about £2,000,000 - based on your assumption of a buyout at 0.1p - be acceptable for one revenue-generating project, one near-term one, and a long-term company-maker (with the right impetus and decision-making, of course)?

Dave’s been remiss on Calidus over the past few months; here’s hoping he can restore the company’s - and his - credibility with the market and assorted investors.

Their wage-greed and lack of strategic planning - not to mention a huge oversight of the details on all our projects - have contributed to this company’s demise over the past five years.

Tro, Ha-ha - yes, I understand the anxious cautiousness as a result of the BoD’s continual jam-tomorrow releases; but, I now feel that it’s priced about as low as it can be on only one revenue-generator; and, more important - especially in this turbulent market - it carries no debt, meaning with the right commercial model in situ for LC, the ping up could well be a catapult.

Tro, Yes - between now and the end of March.

In other words, apply a table full of salt to his auguries.

Zak Mir’s pricing prognoses are about as credible and accurate as a Brexiteer’s on the inevitability of post-Brexit prosperity and equality.

Thanks to the person who reported them as irrelevant to the thread, and their subsequent deletion - clearly, you dislike light banter.

Forrest, You expect a ten-bagger from 4.4p! At best, a five-bagger from here - on the most-optimistic scenario.

Less ChaChing, and more KerChing!

Our market cap is left open to complete conjecture - we have no transparency on costs and revenue; until the BoD reveals them - along with a plan for increasing resources, market-share, and revenue - then this will yo-yo to the advantage of the traders.

Tro, Reported - for using ‘ski’ as a suffix to add some humour to the word ‘around’. LOL

Gremlin.