Member Info for Propinquity

Slurm, They are near-inimitable exponents of prevarication.

Ah, that’s more like it.

Chesh, Your previous post conveys an untypical loquacity.

In PW’s defence, he said close, a few weeks ago.

Bubble, You’ve lost me on that one.

Tro, The only value from Redmoor is a sale to start production at LCCM.

Redmoor has been a financial millstone around SML’s neck: it has drained money from the company while significantly dragging down the share-price; and it will take - as Croutom says - many millions more to make it a commercially feasible project - a complete clanger from the BoD - they know it but won’t admit it, because they themselves expertly leech from the company’s income.

Tro, You are closing in on 90,000 posts - that must be record, or close to it.

Grappa Hear, hear!

https://www.reuters.com/markets/commodities/chinese-copper-companies-say-more-mining-is-needed-boost-supply-2022-11-09/

https://www.reuters.com/markets/commodities/chinese-copper-companies-say-more-mining-is-needed-boost-supply-2022-11-09/

Bubble, It’s the occasional large share moves - initially down and then up - that we experience on this gift of a company, invariably without any news to substantiate them; the benefiters - day-traders.

AJ, Maybe wise for RMM to remain suspended for the maximum time possible while thoroughly reappraising the situation and putting in place all the necessary operational objectives to ensure that share-devaluing surprises remain rare - in contrast with the frequent bouts of bad news - by prudent financial planning that accounts as fully as practicable for its strategy; then, and only then, will confidence return, and benefit from a rising copper price.

https://www.mining.com/web/codelco-proposes-33-price-hike-for-chinese-copper-buyers-for-2023-sources/

‘If’, not ‘is’.

They’ve been feeding us the same data-room line for the past three years - pre-pandemic - to the extent that we’ve had our fill, and now get indigestion whenever the same twice-yearly spoonful manifests itself - releasing a flavoursome menu with substance behind it would revivify our appetites, especially is served in copperware.

Why would they when they’re greedily filling their pockets while ravaging the share-price and continually duping investors with the same sob-story that the market insultingly undervalues the company’s projects - with imminent news on LC and Redmoor?

For remuneration to outrun inflation.

Santhi, A soothing find for us battered mortals - now, time for TB to immortalise himself by pulling off a deal that drags us from our purgatory to a relative dreamscape.

Could Redmoor indirectly benefit from the US’s Inflation Reduction Act?