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The pull-back is very simply explained and relates to the 100K and 200K trades. It is Spreadex using and spreading their poisonous business and trading model. Why this is allowed is beyond me. I reckon they must be close to
It deserves a minimum X3 from here. Once that deal is signed, what the hell would hold this back. It's mineral sands, you literally suck up the sand, separate the minerals and return the sand. It's super easy from a technical standpoint. So many conventional mining projects are complex and risky from a CAPEX standpoint. This is very different.
This guy was a buyer on the dip also. gift entry for those on the sidelines
https://x.com/bigbitenow/status/1790398952321200531?s=46
Managed to pick up some #CMET at 5.2p.
I was surprised it pulled back on today's news. A few doubts about how much Sheffield will be contributing but it's a major step forward on what is a limited CAPEX build. Deserves more respect.
Iβd like to agree with LW. I think the RNS enhances the interview in terms of credibility. If more details come through on how this will timeline through to production, it will help new investors get to grips with the detail.
Letβs all keep our eyes peeled for the next RNS (which doesn't have to be as far out as 31 May I. The way it was worded!).
Well logically CMET should re-rate on this pending news. But the markets are often illogical and irrational.
I personally think this will rise into news. Sheffield are a solid JV partner and on course to cement their place as a leading mineral sands company, but I only hope they have the right intentions towards CMET!
I wish I had your money - I'm aiming for about 0.5M shares in total. You seem to be the biggest PI on here. I hope this really blasts off from here...30,40,50p
My magic number has just been reduced to 14p from 19p....but my average paid has went up substantially......lets hope its worth it if this goes to something like 40/50/60/70p then my life and kids lives change.
Still under the threshold , i have just rounded my number up with a final 371 purchase , thats me done.
Well in Ando, when does your TR1 need to be out by?
I haven't got mine π
Well all I can say is that the chart is certainly set up with a lot of bullish patterns. A giant inverse H&S, containing a large cup and handle, containing a decent size ascending triangle π€£
See earlier posts....i do believe i have sent out the invites.......about 2 months ago.
Ando
You are a brave man and I salute for your confidence π«‘.
If this goes well (I hope it will) , you should invite all for a champagne party πΎ π
Not a jot....i have 7M now...............im done, she will kill me . lol
Well done you - can you let us know now what your buying intentions are for tomorrow please π
Dont worry guys i have just bought another 1.83M shares here at a cost of Β£95k plus HL charges........
good god i hope im right
If we get a decent close today, then off to the races in the run up to this news. GLA
Just look at the size of those buys! Off to the races if that size of buying continues!
Might well have been a MM shakeout. Hopefully this will now rise as expected into news. GLA
1.5m bought on the dip there!
Good riddance then. He will be kicking himself when the SP is 30 pence. Impatient and idiot spring to mind.
Today's news has seemingly triggered a 100k seller who has been on the loose all day. Somebody clearly doesn't like Sheffield (unless it is Sheffield π).
It's a case of letting the seller(s) out and once buyers have their floor, I would hope to see a steady rise into the confirmation of the deal by the end of the month. From there, it will be down to the terms of the deal, but you would think that it should signal the start of what should be positive newsflow for CMET for the next 24 months (and beyond), especially if the deal amounts to a free carry for CMET into its stage one production.
Very surprised, hopefully we get a big boost soon.
Agree Seb .,. lets see how things move into end of month and beyond, once deal it signed and sealed