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Lovely close today above the psychological 1p level. Soared an impressive +65% this week. Closed at its highest level for 10 months. Gold now leaping back toward the $2400 level. All very bullish signs for BMV.
Heading back up - 2363 - have to keep remembering the game we are really in
Could we see 1.2 by close ? Little Friday afternoon push
2 RNs released. They have reduced their holding. Hopefully selling done now.
Tr1 on seller. Hopefully this will move noe
It's neat work here, even from a LT holder perspective. Big order to fill (anything below 1.20? who knows), fill up in 1m, 2m, 3m, etc. tranches and occasionally test the high and then drop to see if there's any sellers in the meantime.
But unless you've got something else that's better, TURN OFF YOUR STOP-LOSSES AND DON'T SELL A BEAN!
Please! The current demand is obvious, the upside massive.
Bid and Ask now well into the 1s. Cleared the psychological 1p level. Next target to take out is that 1-year high of 1.5p. With $3b of (very) high-grade gold, an NPV of £180m, and a shareprice marcap today of just £7m, the upside potential here is enormous.
Bid at 1.10 now
Finally we are in the Blue
I typed close not closing haha
Close together
ARB
What do you mean? I can clearly see large positions growing but what do you mean about the closing times?
2p at least here
10m just posted?
5 million buy printed
Logical / psychological break Moneymoo - unless more news hits first and then its an F1 tyre pit stop change (excuse my overactive analogy gland this morning!)
2p is around £14m mkt cap ..easily doable on the news they’ve just had …I’ve got much higher targets but a move to 2p and breather wouldn’t surprise me
Agreed Charles - grass still high and green here at the moment!
Encouragingly, it feels like MMs filling a big order (and hence trying to hold down the price to a degree) rather than a pile-in of PIs. The tranches of stock are very similar. The herd yet to arrive!
Interesting close timings for some of these larger trades- no coincidence there - someone building a significant holding.
One mms have appeared and waiting on 1.2
Appreciate the good wishes JWB
I’m not going to address every point now as I dont have time but we will chat again.
In the meantime, I wish you well and hope it works. If the buying continues then maybe it is real. Let’s see.
I see the bid is slightly over 1p - start of things?
Another large trade 1.9M?
Oh JWB - ok I'll continue to play...
1. Can you start by answering my repeated question on cross over please - it will help your credibility in my eyes. Can you back up your explanation by facts. You are not stating as an opinion but as a fact...
2. Can you elaborate on the dire track record and how has this impacted you in the past?
3. Do you acknowledge that an SPV has to be formed (not a quick process with KYC etc etc with Banks these days) before money is transferred and do you seriously expect to hear when that happens via an RNS?
4. The permit is an issue that every investor here knows needs to be addressed - do you seriously think that the new JV partner is unaware or isn't confident in obtaining? Successful businessmen tend to be successful for a reason...
5. Investors named - seems a sticking point with you. If you don't trust the BoD and their legal team to do the proper due diligence why bother to be invested? I have asked whether you are invested but you have chosen not to answer which of course is your prerogative but does raise questions as to the motivation for your posts.
Over to you JWB...