Member Info for Propinquity

Probably LC RNS sometime in March.

An extra $2000t into our coffers - nice!

It’s becoming an asymmetric-bet share: if you believe that this company and its assets are worth less than £3 million, then wait for a lower valuation, say, below £2 million; or, that with the right news, the multi-bagging upside far outweighs the downside.

Monty, That is a spot-on conclusion of the interview - patience required for the mid-year value-enhancing news.

Valu, Sorry, I’ve been busy with work.

Your point has merit in that MT may better serve himself - and the confidence of those who invest in his endeavours - by persevering in only TUN to ensure its operational success and future profitability; however, on the other hand, he naturally wants to benefit from the generous price of tin, by maximising investors’ positive sentiments towards EV-related metals and their willingness to invest in them.

Lekka, This board more than most.

Rather wait for it to be rolled into a sustainably value-increasing RNS.

If I find it, I’ll post it on here; and you, likewise.

Check out point 4 in the following doc - ‘one of the world’s best lithium provinces’ - https://haoma.com.au/wp-content/uploads/2022/02/Haoma-Mining-NL-Shareholder-Update-February-3-2022.pdf

That would require monumental news to snatch a four-bagger from these lows.

Valu, I’ve only come across its website - https://firsttin.com/

‘ Discussions on a funding solution by our partner are underway as we look to find a way to move forward as quickly as possible for the benefit of all stakeholders. As a part of this process, we are looking at possible restructuring options to enable us to steer our 51% owned subsidiary company, Falcon Isle, the owner of Diamond Creek, in a direction we believe will increase sales and associated revenues. We will keep shareholders updated on our progress in resolving this issue and look forward to reporting positive progress in the near future.’

Tungsten West’s Mark Thompson on a hugely successful investor-roadshow for Tin First’s upcoming IPO - https://twitter.com/METhompson72?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

According to the latest interim results, Keras had £299,000 in cash at the end of September 2021 - and in order to extrapolate a monthly cash-burn rate, compare it with the previous cash-positions, to loosely indicate the timing of the next capital raise.

Indeed, my surviving threads of hope hang precariously from Bennelong’s self-knitted onesie of support that it puts on near-financially-naked companies like ours.

I’ve been feeling concerned about matters for a long time - to my financial detriment.

https://www.forbes.com/sites/greatspeculations/2021/06/01/the-race-for-copper-the-metal-of-the-future/?sh=21cb66b8319a

https://www.forbes.com/sites/greatspeculations/2021/06/01/the-race-for-copper-the-metal-of-the-future/?sh=21cb66b8319a

Probably deregistered himself through embarrassment: who would want to engage someone with that dismal track-record?

Approval during this quarter, perhaps - based on the Jan 26th RNS:

‘ Subject to receipt of required project funding, Leigh Creek is expected to shift into production, and generate revenue, this year and the Board believes this will materially impact expected future cash balances. The Company has lodged an updated Programme for Environmental Protection and Rehabilitation ("PEPR") with the Department of Energy and Mining of South Australia and is confident that regulatory approvals will allow for commencement of operations, subject to finance, late in the first quarter/early in the second quarter 2022. Discussions with potential funders continue and site inspection(s) in February are currently expected, subject to travel being possible.’