Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
It wasn't me ! But that is a good trade - presumably a Buy?
I hope this is good sign. Pretty gauling to think that this buyer is getting in now at these silly prices whilst others here have had their money tied up in the stock for YEARS and entered at much higher price. Seems pretty darn unfair!!! Investing is all down to timing?
But are things about to become more interesting? 365k BUY just gone through….. Thats big for this stock and bigger than anything we've seen for some time. Now I've just tried a dummy buy and anything over 50k's worth and I'm paying way over the quoted ask at something around 7.14 So its not going to take much more demand to move this above 7p. Lets see what happens...
I need to lower my average a little more currently 10.5p - and I wanted to see how much stock is available sub 7p
Nice one for buying but I'm not sure boredom is the best trading tactic I've heard - lol. Did you predict we'd get sign-off for the DFS this year? Maybe a tad optimistic.
so I topped up with a few more. hope we can break this 7p resistance
second that. we will be pushing up daisies before anything happens here....
so boring
the 15,000 priced @ 6.89p was a BUY. Thought I'd buy a few more.
Many thanks. That makes things a bit clearer.
Just ran a few dummy buys/sells: Can buy 10,000 @ 6.89 100,000 @ 6.92 Sell 10,000 @ 6.82 100,000 @ 6.28 Nice tight spread for low volume trades
....These are sells or buys. Do not hv money in my shares account. Could someone put up some live buy and sell prices. Put some gaps in to foil the price police. Thanks in advance.
Yes I find it curious that with so many of these auto sells the price still holds firm. There must be a matching buyer I assume? As for progress do you know if they have any drilling/exploration planned this year?
Hi there ! Not a lot happening but just looking back at all our March trades (doesn't take long ), there has been quite a few occasions of rapid selling rat-a-tat-tat. Not for big bucks but most of the trades look like Sells througout this month and yet the sp has been pretty static. One day we'll have some big news, taking so long though. Don't suppose anything can be done on the ground for another month or two with the Krygyz winter, but fairly soon we'll be wasting time if we don't get things moving.
I'm having so much fun over on KGLD.
But the bid has just tightened a bit again. Interesting.
when oh when will we get news
Reckon you're right about the trades.. ;) Definitely some interesting price action today. pabs - I'll see what I can do.. kicking myself I didn't get his card but I should be able to do it via the guy who runs LEG. I'll get around to it.
Yep, L2. Certainly interest from DMA[s] My dislike of them on illiquid stock is that they can sometimes trade between themselves [i.e neutral] and shift the price around if the mms are below them on the bid and ask. But usually a pattern emerges over time to give a hint of the underlying strength . Cheers for the info
Certainly a few more quick trades going through. Jimzi - you're officially designated trade watcher/analyser - should you choose to accept it. Suppose it is illiquid but depends what size holdings we're talking about. Never having sold a Chaarat share I've not had any trouble. How do you spot a DMA buyer - presumably on L2? This sp has been stuck around this level for a while and probably won't shift much either way until funding, which IMO will come simultaneously with the DFS or v.soon after. When I say funding, think we'd all prefer a buyout and that will definitely not happen below 32p, probably more. Dibs - get hold of that Krygyz man if you can, we've never had anyone on the ground.
Actually, it looks like a DMA buyer accumulating which is interesting. [the great debate about auto trades - !!!] Just watching the pattern before jumping. Defo sniffing about by someone
A number of sells going through but all being happily soaked up with no drop in price. So we must have a background buyer.
The fact that the project can run through the LOM without the need for constructing a tunnel is highly significant. It makes Chaarat an even more attractive asset to potential buyers and, if we do enter a jv and become a mining company, it will increase profit margins substantially. Thanks for sharing that news, Pablo- your line of communication with Linda is much appreciated. Meanwhile POG continues to head north....
seems to be someone wishing to exit given the chunky trades over the last few days.
Sell at 5.85 but the bid rises via dma during the day - now 6.75p for 250k .. DMA ask of 6.99p goes all with no trades. Assume this is very very illiquid?? This normal?