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It is indeed a liquidity (test) algorithm. You see this across the market in thinly traded stocks.
Your broker might to cover fees. Mine does as I often hold little cash on my shares ISA.
It must be some sort of algorithm or a MM ploy to test the waters, because seriously .....who sells £20 worth of shares ????
Nobody does that, it's something else
People sell because they see another rainbow. No to worry.
😆 I'm cool buddy, calm before the storm. Not worried at all. Just questioning the logic of selling any shares at all at this pivotal time.
It's Andoman, if someone sells 5 shares he gets in a panic.
No one is selling in big numbers , last 2 were £20.00 worth of transactions. Hardly anyone selling
I’ve been trying to get my head around as well! Personally I expected the SP to rise to around 5p given the positive news we’ve had and yet people are still selling.
Why not wait? It’s less than 60days now before we hear an update on the DD, hopefully with Sheffield or LB or both moving ahead to fund the project.
Everyone has their own reasons for selling but it feels like it’s just about to take off, so why sell now?!
I don't understand the sellers, especially the timing of selling..FFS, we only have to wait about 6 weeks maximum. This is NOT going anywhere but up, up, up and away . Who recruits employees for a business going nowhere, informal discussions have definitely been taking place. HR manager?? Why
Geologist , why
Because we are increasing the team and preparing for additional data on other resources
Higher than here Adam 😀
I guess a lot depends on wider market. There’s not been much appetite for risk this last 12 / 18 month. But derisking this with a funding partner might set people thinking again, and realising the scale of what’s on offer
What’s everyone’s opinion on where the sp will be providing a jv is announced? It appears from the information we have that it is looking ever likelier. With Sheffield buying 10% of the company, they themselves will clearly like to see this moving on. The mcap seems very low to me considering the known resource and a with strong hints that this will be expanded in time? I’d welcome all opinions. Thanks
Learn how to spell, present your case and do your research. What a wombat !!
Airborne - in up to 12 months, NO! It's up tp you When to sell but if that's your timespan, sell you must.
Relatively quiet regarding the two recent RNSs. Today provides more confidence to me that we’re moving into the uproll phase. I’d like to run my own numbers to determine how my holding will provide returns I. The next 3/6/12 months and beyond should I hold for dividends
...way back who jumped back in and is now sitting on modest profits here, I agree that looks pretty positive now.
Lets pray that looks don't turn out to be deceptive. I would be delighted to own a 10-bagger in due course.
If you search capitalmetals (all one word) on Telegram there’s a chat group. seems quiet but reckon it will get busy busy once funding news drops
# Cash in excess of $4 millions
# No debt
# Full backing from the SL government & GSBM and more explorations imminent to maximise the portfolio which will maximise the potentials significantly.
# Industry leading 2 companies (LB & Shefield) are bidding to become a JV partner and should be with in next 60 days.
# NPV - lowest $150 to 225 millions. Could be multiple of this with the enhanced licenses and resources
With all these , Market Cap is $13.6 million. Shocking isn't it?
Hopefully we will a value correction soon.
Good luck all
Let’s keep the good news coming! Onwards and upwards - no sells from me
Definitely not me selling....haha
Sounds ace to me. Onwards we go
A very good update. Greg mentioned in the podcast, that the embarrassing government problem, has meant that we are now in the driving seat, as far as the paper work is concerned. The company has support at the top level, due to the historical issue. We should start to really move over the next 12 months to production. Greg is none specific on dates, I agree, but that is a natural response to historical country issues. He doesn’t need to be specific anyway, the tone of the RNS says it all. We are moving forward in all areas, with great potential to increase our resource. We are however going to have to share 50% of it! This hopefully will be a real pension maker. I am now starting to relax, we have had so many disappointments.
....for
....gor a while.
I wonder who sold a bundle yesterday? I have my suspicions on who. Have done for a way.
Like the banter buddy, its all in good fun mate.
wait until its countdown to 60 days and im screaming like a madman that this is S H I T and the people in charge are incompetent and the whole world is doomed and why is it always me.....lol
hope it doesnt go that far though, i like this new happy, optimistic Ando.