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What’s happening with all the buying today? Volume up but price stagnant as usual.
Prickly,
Good to see your still here with a sense of humour?
Caravan for 20 grand is possible all right! Not a very good one mind lol
I'm with you if we get some constant news here and copper prices keep rising then we could see a good run.
.30 will do me
Good luck
Mr T
Mr triump
the mm's book was just about negative from the word go.
which you can see on the intraday chart
that changed about 2pm,when the big trade appeared,
suggesting the mm's,were filling that order,until then.
imo
You are not wrong. Keep the faith.
Mr T . I have to admit that it is rather galling to see that 100 million shares are worth less than 20 k. Time was when my ambition was to gather 100million and retire to a South Sea Island .
Now it will scarce buy a caravan. However I stick to my view that this share could eventually reach .50 and Mcap of 50m .
If that's a sell then they must have mugged the mm's to get that price to sell 100M!!!
To me it's printed as a buy and is a buy if a sell it would have been below .017p and the sp would be well down?
Prickly may be correct re broker trades etc but the large trade looks like a buy to me.
Good signal imo if so.
News must be close now surely?
Come in Colin where are you?
Also what's going on with Mankayan, been extremely quiet over there?
Mr T
£19k sell,showing as a buy....that explains the earlier dip
This is a dangerous job , catching falling knives etc but when it slips below .02 it seems worth a small averaging down opportunity. I am assuming the sells are brokers, consultants etc looking to convert into cash not long suffering holders who have given up all hope. If this company is worth anything then it must be a lot more £2million.
Just the MMs moving the price around. Almost literally no volume.
Rest of the market getting smashed.
DVH
There's been no real movement here due to the spread, only 3 trades all piddly today so we await to see if a little more buying occurs.
Are you still in here?
I believe we could see a decent rise in the not too distant here due to it being so low and with such a low MC
Torre is certainly more room for upside than downside imo, but we shall see.
Mr T
Hope you didn't get spiked!
Ditto, my buy showing as sell too
Ditto
All depends on what side of the mid price at the time the trade went through at to register as a buy or sell. Think theirs is a general misconception that an actual human being pairs up trades and sets the bid and ask. With hundreds of fledgling and small caps on AIM with such piddly volume, trading will be set by algorithms which also takes any of the human emotion out of setting day to day prices.
That figures!
my buy today showing as a sell!!!
you would think in this day and age reporting trades would be a piece of ****!!
but no, deceive the public as with many things today.
mr t
Ok cheers rmc
if you check out the mining related charts,they;re all looking very healthy
so we're seeing a bounce off the oversold
my watchlist is full of um them,in the last month.
especially gold/copper/platinum/palladium/silver plays.
just poor old hzm...that's having rotton luck pf late
Troajan - I'm not being cynical.
This is the first positive sign the the SP may be about to move North.
The price gets moved down and then back up to shake out sellers. If there's a lot of selling volume on the rise then back down it will go and the process will be repeated.
If there isn't the selling volume then we'll see a significant rise. Here's hoping.
Well bearing in mind how long this has taken I think we can be sure the deal will be done and I believe very soon now. Maybe in light of the rise something is brewing? With that in mind I've taken a few more at this bargain basement price.
Come on Colin lets have the announcement and get the bzt ship moving forward for a change, lets face it it cannot go much further backwards.
Mr T
"I can assure you -i t is a done deal. You will see why in the near future."
What makes you think this?
Using "Deal" and "Done" in a sentence wherer Bird is involved brave.
Rmc...well,i grabbed a few anyway,ars as just bottomed out,so maybe its bzt's turn.
lets see
MM games
0.018?......is that the bottom
The water shortage, as you put it, is not an issue for the Hope & Gorob project. The reason ? It will deploy a minimal water pre-concentration process using laser separation techniques. The concentrate product will then be road-trucked to the final processing site northeast of Walvis Bay where water for industrial useis plentiful. Basically , this avoids the need for flotation and a tailings facility. Very clever really.
I can assure you -i t is a done deal. You will see why in the near future.
This will be a huge coup for Colin if he pulls it off. Good luck to him. Nothing ventured ....
This is not a done deal apart from being inside a National Park there is a water shortage in that region
"An anticipated increase in water demand from uranium mines in Namibia in the coming years could strain water supply in the Erongo region." Some urainium mining has been paused.
At group level through his various companies, Colin and Co have been acquiring a diverse portfolio of these assets across his many companies to have an inventory of particularly copper resources that vary from jurisdiction, in size and evolution in their development. Ready for when the supply deficit reaches a point where these assets become sought after from producers that will see M&A activity increase due to the need to try to keep up with the demand requirements that will be coming which will be exasperated by increasing worsening supply headwinds that range from political agenda, depleting of existing mines and the lowering of mineable grades. Not only that we are in a changing world where social acceptance and tolerances of the environmental impact of mining is making it increasingly difficult for permitting new mines.
In Zambia particularly, along with many other places , there is government policy that supports and encourages new mining developments.
Sit tight, have the confidence to accumulate to bring those averages down so when it turns you will be better placed by ‘25 into ‘26 for when the deficit is expected to hit hardest going into a very long copper bull run that will last for a generation.
All his companies will be very well placed when M&A activity ramps up.