The dynamics of purely memristive circuits has been shown to depend on a projection operator which expresses the Kirchhoff constraints, is naturally non-local in nature, and does represent the interaction between memristors. In the present paper we show that for the case of planar circuits, for which a meaningful Hamming distance can be defined, the elements of such projector can be bounded by exponentially decreasing functions of the distance. We provide a geometrical interpretation of the projector elements in terms of determinants of Dirichlet Laplacian of the dual circuit. For the case of linearized dynamics of the circuit for which a solution is known, this can be shown to provide a light cone bound for the interaction between memristors. Furthermore, this result establishes a finite speed of propagation of signals across the network, despite the non-local nature of the system.