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very happy to have just bought 14.5m of these shares (not showing!). Looking forward to next news (Metallurgical testing underway by Wardell Armstrong LLP (targeting completion in Q4 2019) and a decent rerate of the share price
Newbie, sheds right, this is predictable behaviour for a share like this, the market knows there won’t be any news for a week or two so they throw it around between two or 3 predictable resistance points (in this case 20 and 30). They know they’ll freak out a few people and get some cheap shares, the trick is ignoring it and topping up on the lows. Traders will lodge firmer positions over the next fortnight as the anticipation builds of the JORC update, so we will likely see the spread moving up. .......relax and enjoy the ride :)
We're sitting just below the placing level - absolutely yawn inducingly normal pattern of trading, relax.
I know I haven’t held my shares as long as most of you on this board but I think I’ve seen enough to know I don’t like the way any of us are being treated by the MMs. If this share does rise to the expected level on the expected good news I’ll sell enough of my shares to take a bit of profit then have a free ride and see where it goes. Many of you on this board are far more knowledgeable about AIM than I ever wish to be, but it seems that we are being manipulated all the time. I don’t feel good about it and I think I’ll be better off out of it as far as risking my hard earned money in it. Good luck
It's incredible how sentiment completely swamps the debate on a stock. Operationally nothing has changed since the team excitedly chased the mets to WA or initiated the JORC process with AMS. Yet we've had a blimmin unpopular raise which has completely changed the conversation on this board. I admit I strongly believed that the story here was coming to a neat ending but if you believe in the asset you can only trust that there is value to be had from the equity raise in progressing towards a mine plan and further exploratory drilling including targetting the copper. I'm very disappointed at the dilution but I think the strategy makes us a juicier target, personally I'm confident that the JORC will largely de-risk my investment and further exploration informed by the metalurgical work provide a lot more running room.
Thanks MM.....I have used your response and responded as such to FCA. I hope you dont mind.
So, an organisation that specialises in helping the public invest has no publicly transparent complaints system ? pretty irresponsible position to take given one of the main factors of the 2008 crash was lack of transparency in the financial sector.... I guess we are lucky we are even allowed to complain in the first place......... they are having a laugh at our expense.
Yep...it is a bit sickening...but more investors need to complain...hopefully they will do something about it...one day..... It is absolutely morally wrong for them to ignore what imo is blatant market abuse and the fact that MM's and devious dealers continually persist and get away with it....really makes me mal !!
The non public facing team....can't even tell you they are going to investigate this matter.
Lolz...just lolz....as they say in modern day speak.
Further update from FCA.......reference my email to them...regarding market abuse . Hopefully something gets done soon as this occurs far to often imo....
Your concerns have been passed onto the FCA’s Market Abuse teams for their consideration via their email address of market.abuse@fca.org.uk. Please note that they review all emails which they receive but they are not a public facing team, therefore it is unlikely that they will contact you any further with any updates. I appreciate that this may be frustrating but there are limitations on the information which the FCA can share and more details about this can be found here.
Yours sincerely,
I think he was talking about TR1 RNS....it was late.
RNS isn't 3 weeks late. Indicated resource will set this off.
It really is like the wild west .
- late trades
- reversed trades
- buys reported as sells
- sells reported as buys
-Rns' 3 weeks late
FFS Gla!
Read the regulated statements? Are you crazy MM that could take ages!
That should be made illegal
Shameless, these MM’s.......
10bagger, nothing is quite what it seems on here. The best thing for you to do if you are interested in making money on here is read the last 2 years worth of updates and RNS’s and develop a strategy based on your findings.
I see were reversed this morning and changed to "buys".....MM's playing games .....yet again.
Cheers for the reply and cheers to bobby for replying but if I was him and thought the JORC update was going to make money like he says, then I wouldn’t have sold my shares.
If Bobby is £55k down and assuming that’s well over 50% then I don’t get it it surely he’d sit out and wait till the jorc update before selling? Unless he won the euromillions
There a lot of people holding losses and I'm no exception having bought last year and further back too. But I also bought more earlier this year and quite a few at 0.00012.
Patiently waiting for the next news.
Im on a 37% loss at this stage....but I am not at all concerned. :-)
Good grief.....
I sold mine but if he bought back in I’d probably do the same seems odd to me there’s oiltap and bricks saying 100% + and Bobby Beal who has sold all his shares. They all battled through the 0.01 days and up until now I wondered are they all multiple avatars for the same person but now I expect not.
Also who among you is on a 80%+ loss?
Cheers again
And I see 74,055,402 million are available at 1c today on JSE.....3 m already traded.
TP very clever.....getting 0.00053 per share on SA exchange.....
And.....a nice little fishing expedition on only 3 trades (one on NEX) to start the day off......