Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Sh3 & all
Been off deck a bit today so didn’t see it however 2 one trades in a session , could be the Rabbits foot covered in four leafed clovers to the believers of Mystic Meg !
Last minute nipper kipper
01-Dec-21 16:22:09 23.90 132,783 Buy* 22.50 24.00 31.74k O
Rums all Round
I think there was another at about noonish too cap'n.
-These are the supposed mm stock codes
( I don’t buy them & perhaps these were used before the internet cranked up when most trade orders were via telephone - surely more camouflaged ways to communicate now )
Anyhow I’ve added in the 1 trade code
List Of Market Maker Signals
1. 100 - I need Shares.
2. 200 - I need Shares badly but do not take the stock down.
3. 300 - Take (or I am taking) the stock down at least 30% so I can load shares.
4. 400 - Keep trading it sideways.
5. 500 - Gap the stock. Gap can be up or down, depending on direction of 500 signal.
6. 505 - I am short on shares
7. 600 - Apply resistance at the ASK to keep the price from increasing.
8. 700 - Move the price up.
9. 777 - Also recognized as a signal to move the price up.
10. 800 - Prepare for an increase in trading volume.
11. 900 - Allow the stock to float and trade freely.
12. 911 - Pending News/Press Release On The Way
13. 1000 - Don't let it run
14. 2100 - Let it run
15, 1 trade - All EUA investors crank open the finest Grog the Deal is signed for a £1 a pop
Rums all Round
A 1 trade for all the mystic Meg believers out there
1-Dec-21 16:10:14 24.00 1 Buy* 22.50 24.00 0.24 O
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I’ve sent Septic Lil down to the exchange to give the Volume meter nudge ,
Tea-break numbers-
Stock price 23.25
Volume 3.9 million- very thin ( we require bags of volume to indicate incoming)
Vwap 23.6
Mia - inactive
Very quiet Trading while investors await the next move
At least the ambience is pleasant on deck today , .. for now .
Rums all Round
Caw & all
Well spotted mate & great work from yourself on kipper watch as always ,
Good team effort unravels the shenanigans as best we can .
Stock on loan 18.3 million
( usually updates middle of day )
As Builder notes - MSCI - index rebalancing should perhaps show some changes in funds %.
We await JORC
Rums all Round
Little short jumping ship first thing
2021-12-01T08:20:43.327 GBX 23.556 25000 5889 Off-Book AIMX AMND P AIMX
2021-12-01T08:20:43.327 GBX 23.556 25000 5889 Off-Book AIMX P AIMX
GLA
Coffee with a tot of Rum & a few numbers
Heading back to placement price slowly - USA ii won’t be chuffed sat under price
Stock price 24
Volume 1.9 million - thin
Vwap 23.76 - median staying above wind in our sails
Mia 80k
Spread 7%
Buyers outstripping sellers 2-1 in thin volume
Stock on loan
18.4 million yesterday
( will update today’s changes later )
Rums all Round
Good post,
The potential is massive here, GLA
Froman doesnt seem to like losing AT ALL lol he and silbanye may be the " additional interested party " ?? Just get the bidding war done and lets have the 40 day clock started :) and a very very happy new year
Caw, Judge , Builder,John,spot,dshox ,& all invested
According to the regular visiting toxic negative posters # trading agenda
There are no kippers - 700 k last Eve - so clearly incorrect
There are no shorts closing - 750k yesterday delayed- so incorrect again
They also claimed the stock was heading into the teens - incorrect again
Myself & others believe they have a trading agenda with waffle - where are they today - again highlights this
# trading agenda
# stock chasing
We sail in Blue seas & await incoming whilst holding stock as without or short on that day carry’s huge risk
My musings
Rums all Round
Potential Bidders for Eurasia Mining/Assets.
Norilsk Nickel (NN) are the overwhelming favourites to purchase Eurasia Mining/Assets, other valid options are open and in play.
NN are mentioned in recent EUA RNS, proximity to Monechtundra being an obvious advantage for them. They have all the processing facilities needed just a few km away from the licenced area.
Other firms in the vicinity include Polymetal and Nordgold, they understand the jurisdiction so have to be considered on this basis.
Anglo American have to be considered a strong possibility to make a bid, given the past relationship with Eurasia Mining. Previously they’ve ruled out acquisitions outside South Africa but the recent purchase of Sirius demonstrated a change in approach.
Other global firms such as Glencore who could easily afford a multi-billion offer can be thrown into the mix until such a time as final bidders are revealed.
Chinese influence cannot be ignored on any global asset sale, with the engagement letter with CITIC Merchant an example. Perhaps a state bid via SinoSteel or similar firm.
Many other PGM mining operations exist and would see Monchetundra (MT) and/or West Kytlim (WK) as attractive options to consider purchasing. We should consider South Africa as beset with fundamental issues of power stability, higher than average AISC due to deep underground mining and Covid19 an issue at present with this type of operation. The ratio of Platinum:Palladium at several SA operations is closer to 1, so they would be mining a lot of Platinum to extract a similar quantity of Palladium compared with MT, devaluing one commodity chasing gains on another.
This brings Sibanye Stillwater, Implats, Northam and Lesego to the table of possible bidders. The latter two probably more suited to buying WK as question marks over their ability to afford both MT and WK.
Open Pit mining with AISC around $325/oz makes MT one of the most profitable locations to build a PGM empire. This brings to the table our friends in North America, such as Barrick and Kinross if they wished to consider diversification.
So they would be my top 12 bidders for Eurasia Mining/Assets. I don’t expect all 12 to throw in an offer, but it does suggest a potential bidding war until the expert guidance of UBS, ensuring a great outcome for shareholders new and old.
As always DYOR and GLA.
according to the charts yesterday was more sells than buy and yet they have no shares to sell ?? mmmmm could be all alocated could be yesterday was ( as often is ) wrong. Either way it was a struggle for them early doors so fingers crossed eh :)
23.616 to sell atm
Just to note , the assumption / musing of trading was correct
We have the compass pointing north
Vwap 23.3 & dragging north on buying
Buyers outstripping sellers
Let’s see if all those toxic posters yesterday turn up today mmm…
Rums all Round
Thanks Tilly.
Dshox,Builder & all
I would say both looking at yesterday’s last hour trades trading agenda flipped
She’s itching to sail
Rums all Round
SP, Bid and Ask all level on 23.00!
Morning All, feel it's time to blow the harbour doors open. Deep blue sailing and with a few MM tricks IMO
GLA
Do you mean closing & taking a long position please dShox or buying to close the short? Thanks.
Does look like shorts closing and buying back quickly
Morning all
Wednesday wind changing direction ? , or more downward pressure , we shall see , the stock is gagging for volume .
For reference vwap 23 to start
Plenty of shorts closing yesterday in last couple of hours yesterday- 1.2 million ( estimate )
Also a 700 k kipper delayed yesterday
Decks have been absolutely infested with disruptive negativity in last few sessions
All ties in with trading agenda .
‘ shortly ‘ would crush the lot # JORC
Rums all Round