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Gobbled up yesterday (3m) for a mere £30k . These opportunities don’t come very often. 😎
Poss yes this could rise a lot now the seller has gone and the partnership news could drop this month or sooner then back above 5p so few shares in issue let's hope the complete the deal first and foremost but at this price it's a good bet
Some are buys lots of big trades today
How do you know they are 100% buys? The price indicates a sell🤔
Possibly our new partner. $1.4B MC and has large trading hub just across the med. Trades metals globally and will be an excellent partner going forwards.
500 k buy money moving in now
That's nothing to what this might do on partnership RNS
Risen 50% in a week - 0.33-0.49
Next one is MOS, identical set up with big buyers appearing, just watch the next 5 days 🚀
Should at least one bag the week or more
Market cap is nonsence with potentially life changing news if invested
The RNS says "leading global commodity trading group" - doesn't say large... and commodity traders are not miners... They are companies like Mercuria and Gunvor. Also, First Quantum are a 12B global player, among the biggest copper miners/producers in the world!
We'll soon find out why the Director paid more than double this price recently.GLA.
There not a large global player see RNS
I'd take a guess it's First Quantum Minerals. They have operations in Spain so could ship copper from Morocco to their operations in Spain and feed into their existing network
Any guesses who Glencore??
In it to win it
Trading partnership - it involves large gross figures [ being aa global player they won't be buying a couple of tons!] and there's a market price - the local knowledge of the region and the players [ who will be known to our Morrocan CEO - as he founded the Morrocan Miners Association] means renumeration could be based on notional % savings [v attractive] or a straight % [attractive]]
It's all educated guesswork at this stage but V mcap of £700k the RvR looks excellent
5 bagger on the cards here
In or out when news breaks good each way bet
Be a mad scramble imho
Researchers buy and hold, gamblers buy and sell... but who makes more money no body knows....
Traders will come and go but the big bags will be when the deal completes
Only 70 million shares in issue it could 10 bag in a squeeze
But still the Il researched wait
If the partnership delivers even modestly, it would put CMRS as the only junior generating cash = no placing needed - the major problem for all juniors [and the small cap market generally] cash.
Only 70m shares. Just tuck a few away
Show me the money
Big buys indicates news coming
"the Company receiving interest from a leading global commodity trading group to become its Morrocan partner and supply it with commodities from the region. CMR is now in discussions to formalise the partnership."
Trading partner news could land anyday now
The grades are the attraction for the trading house there exceptional