Member Info for Propinquity

First 25 mins worth a watch - https://www.youtube.com/watch?v=bXemoRijLvM

The BoD’s prevarications for years knows no bounds - either in time, or in dishonesty.

1nvest, A perversity exists in the copper market: on the one hand, Dr Copper’s being beaten down because of global-recession fears; while on the other, the more-or-less week’s worth of copper stock in LME’s warehouses, combined with many governments favourable policies on renewables, would normally provoke stock-shortage panic - and higher prices.

Lupi, Indeed, funding should have been signed, sealed, and delivered: the unsettlingly prolonged situation realistically points to a no-deal scenario - the prospective funders’ due diligence seems to have uncovered some unpalatable findings. However, I shall nonetheless encourage positivity in that SML owns two great assets that, with the right commercial nous, can each be a company-maker.

https://www.mining.com/web/chinas-billion-dollar-cash-for-copper-trade-grinds-to-a-halt/

https://www.mining.com/web/chinas-billion-dollar-cash-for-copper-trade-grinds-to-a-halt/

https://www.mining.com/web/lme-week-codelco-expects-chinas-copper-demand-to-be-resilient/

https://www.bloomberg.com/news/articles/2022-10-24/copper-buyers-want-longer-deals-on-supply-worries-codelco-says?utm_content=business&cmpid=socialflow-twitter-business&utm_source=twitter&utm_medium=social&utm_campaign=socialflow-organic&leadSource=uverify%20wall

Probably because a few low-ball trades disproportionately reduced the company’s value by half a mil.

https://twitter.com/CopperBullish/status/1583836154612568065?cxt=HHwWgsDSoeql9forAAAA

https://twitter.com/CopperBullish/status/1583836154612568065?cxt=HHwWgsDSoeql9forAAAA

https://markets.businessinsider.com/news/commodities/copper-supply-outlook-inventory-shortage-5-days-global-demand-trafigura-2022-10

https://markets.businessinsider.com/news/commodities/copper-supply-outlook-inventory-shortage-5-days-global-demand-trafigura-2022-10

Not Daenerys, mind.

https://markets.businessinsider.com/news/commodities/charts--“almost-unattainable”-gap-between-green-energy-copper-demand-and-mining-supply-11817082

https://markets.businessinsider.com/news/commodities/charts--“almost-unattainable”-gap-between-green-energy-copper-demand-and-mining-supply-11817082

Little chance of funding from the British government: they strongly believe in markets to find the best solutions; in my mind, LC remains the only hope for future growth for our revered company.

Dorothy Gale - Peter Wale
Tin Man - John Peters
The Cowardly Lion - Jeffrey Harrison
The Scarecrow - Alan Broome

LCCM remains the only short-term hope for any prospect of mutlbagging: Redmoor remains Alice in Wonderland material.

You folks retain an undiminished faith in the supposed foresightedness of the British government to invest in long-term industries and infrastructure.