Most of yours must have occurred on ISDX then because 102,295 went through there and only 2,283 on Aim. Nice one!
I really stand by saying a great opportunity here. The fact that over 50% are not in Free Float with a few ii's and Bod, and with Labro's hands completely tied with regards buying any more, we are in a strange situation. No-one wants/can Sell and no-one wants/can Buy. So, the volumes are way down AND the mm's have to stimulate some trading so if they get a good drift going they can still persuade some pi's to dump or purchase some - otherwise the market would be totally stagnant awaiting news.
Looking at the Aim volume, we're averaging 74k shares traded per day for the last 3 months - pathetic. At a price of say 8p that's under £6k per day! (Can't see any figures for the secondary ISDX trading over the months but I think, in general, considerably thinner).
To cut a long story short, although with the caveat of the Price of Gold, it's 'Fill your boots' time !
hi pablo2 who's pablo1 LOL I bought about 120000 shares yesterday and it still went down .I try keep buying when it goes down but I hope this is the last time we or need this to go north now I hope this is the last time I have to buy good luck
Thanks for sharing your correspondence with Linda, Pablo- I appreciate it. I guess whilst the wait for the announcement drags on, we are in serious top-up territory and as you say, the large number of institutional shares that were bought at 15p should give us confidence to buy nearly 9p cheaper! Good weekend, all.
I got in again today just under 7p, It sounds 50/50 still no clearer it needs to come soon to stop it sliding. Got a few more in AMA as well today they to be in same boat but Directors are buying and they seem to very confident for the next phase
Got a pleasant reply from Linda which, out of respect, I simply paraphrase rather than copy completely :
She says she has recently returned from China so I assume she's been part of the latest discussions there. She says she and the rest of the board, who are also shareholders, share our frustration with the progress on the DFS. She states it has been an inordinately slow process and far more painful than was anticipated but says they still believe the strategy to complete the study in China was correct. She suggests that all we can do is knuckle down and keep going until the DFS is finalised and all the regulatory approvals are obtained in China.
She then states she has nothing further to report other than thanking me once again for my patience and support and to reassure me that they will make an announcement to the market as soon as it is appropriate to do so. ----------------------------------------------------- So, there you have it and although nothing to report, there is always something in every communication. I take it as very positive that she has just returned from China where presumably the Bod are spending quite a lot of their time. The email also gave me the impression that nothing is amiss and Chinese regulatory sign-offs are the cause of the extended delay.
Surely this is very explanatory and the full sign-off of the DFS is delayed not due to Dekel or anyone on our team 'sitting on their backsides' but simply that the Chinese will do things at their own pace.
The sp drifting is a great opportunity for small amounts of shares to transfer from the less committed to the more. All the major players cannot trade - the Bod will have their hands tied and Labro nee Fasanara cannot increase their holding above their current 25% (which could increase to 31% if they exercise their warrants).
Now who on here would rather pay 15p for shares which was the last placing (at a premium) with exerciseable warrants @ 15p OR buy shares now for 6.57p ?!?
To me this is a great opportunity caused by the DFS delay which is not likely to delay our first production IMO.
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