Member Info for Propinquity

Colline, Green boxes provide an interesting perspective ;-)

Bitcoiner, A rare opportunity to multi-bag when the right RNS hits - I’m contemplating on increasing my exposure to this one over the next coupe of weeks.

Chapter 1 - The Cobre Collector - The solid foundations for a potentially expansive journey to as-yet-undiscovered treasures, set in motion by a triumvirate of media-pleasing do-gooders whose tall tales slowly unravel, culminating in a showdown with a shadowy presence in the background.

Chapter 2 - The Redmoor Hollow - The sweeping, historical landscape of Cornwall with its rich mining history starts with our three journeymen tackling ground with plenteous promise that excites its audience - yet could protraction pulverise it into that mid-trilogy stasis?

Chapter 3 - The Leigh Creek Vanishings - Without the treasures forthcoming from the Cornish landscape, our trio of heroes escape to the other side of the world, for a final tilt at unearthing, from the simultaneously generous, yet unforgiving, Australian terra firma the metal for an awe-inspiring, dramatic denouement.

At least we know about the dilution ahead of time - expect share-price to bob along until then; talk of 10p, let alone 16p, is glib - and for the birds.

And if they disagreed with taking 50% in shares, the alternative would be to leave - but would another company employ them with their poor record of devaluing a company as quickly as Boris’s grasp for the occasional mendacity?

A pending JV on Redmoor - how much uplift to this paltry price could that provide?

I’ll hand you that one, Jim.

A digitally convivial experience.

Monty, My view - perhaps overly simplistic to some - is to compare it to Capricorn Metal, currently valued at 1.32 billion AUD, whose trajectory and resources we closely resemble - still considerable uplift therefore for CAI to experience.

A belated congratulations to you, Jim.

Have increased - although, they are, of course, entirely subjective. :-)

By the time Keras multibags, I’ll be grandfather Propinquity!

Oiltap, Silver would be welcome as supplemental revenue, particularly as a contributor to the ore-sorter outlay.

Would the £10 million be released in phases that correlate to the fulfilment of key-milestones, such as, say, an initial £3 million for cranking us up into production for our first revenue, with the remaining £7 million released when we hit certain production- and revenue-targets?

The main reason I desist from plunging my money into our ever-bigger hole for finances - for a new venture, PFS, drilling, wages, and other matters - until LR proves he can put a plug in it to ascertain what level of finance be necessary for a strategic plan that places tangible value-event milestones for shareholders.

Calidus is one of those rare stock-market darlings that does what it says on the tin - and partly justifies my continual interest in finding those elusive multi-baggers - ahem, Keras, anyone?

Chesh, Was one of your New Year’s resolutions to write slightly longer sentences in the three standard paragraphs common in your LSE musings? ;-)

Thanks, PW. ;-)

A useful comparator for EUZ may be KOD - it, too, involved itself in many raises, dropping its price from 0.5 to around 0.03, with the BoD not investing in it to the extent that many would have hoped for, and continual delays to key milestones - then, with the right news that prompted investors’ sentiments into a volte-face, it climbed back close to its 0.5 high, settling at about 0.35; the lesson - as we are aware on AIM - is that this could jump up quite quickly, especially with its favourable geology, allied to the propitious local-government feelings towards cranking up local industries that align with the EU’s common goal of financially backing European companies that fulfil ESG requirements and remove reliability on critical minerals and goods from non-EU countries.

Great entry price in RMM: it’s a producing mine on AIM, when other companies that are years away from production - and the tens of millions of pounds required to move along the Lassonde Curve - are more highly valued; a pocket-filling price - in a producer with finance and with increasing reserves - you would be lucky to find.