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If every thing goes well and we have a signed off JV with similar T&C's to the LB deal what is a realistic expectation on SP....
I guess some of it is related to how the company was under Frayne - numerous false dawns etc… whereas now we’ve had Sheffield actually invest and commit to 60days of DD and the company seems to have dealt with the GSMB and the corruption that suspended the IML.
We just need to hold fast and hope that the DD goes positively ( imho it should’ve been completed to some degree before the original Sheffield investment ) and then we are on the SP rocket ship
Markets have become very risky averse, especially with mining stocks. Look at what happened with Lithium miners. It's normal given it's Aim and the current economic climate.
I’d say highly likely to be rainbow chasers such as Friday. They’ll end up getting locked out when the news drops
Whats holding us back?
why arent we above 5 or 6 in anticipation?
any ideas peeps?
all thoughts welcomed?
Just bought another 250k shares. i have faith.
Great to see this rebounding after such an unnecessary drop on Friday. Still dirt cheap and another day closer to the jv
Buyers taking up the cheapies
I havent sold any of these recently , i am in ORCA but i havent bought any for ages. I havent sold and jumped.......both have potential but this is MUCH bigger......im in for the long haul.
Er, it's Saturday. How can it be down sharply again this morning?
Well,today you got your answer - NOT end of tax year activity! Down sharply this morning again. We evidently are in thrall to the short-termers until we have the JV RNS and some certainty.
And the thought process on both boards is that it's me. Lol
Why not just ask me.
GL ALL, this is crazy price just now
This is an unbelievable opportunity. I never thought we’d have seen these levels again. Topped up this afternoon. It’s highly possible we’re now less the 40 days away from a jv announcement and then we’ll certainly never be this low ever again. The mcap is tiny considering the resource they’re sitting on.
Lol
So the Lesson today for..., well you know who you are, if you have a lot of these and want to unload, best wait for a good news day and sell into the rally. Otherwise....
Lol. few little cheeky top ups for me. ta very much
@airborne - I was thinking exactly the same thing
Boredom, end of tax year, Easter holidays. Just bloody AIM? take your pick..
The prize is still there and getting closer.. Bruce onto CMET board, taking large stake in co.. knows the project inside out.. think about it, if it drifts.. clock ticks
Unfortunately, that's aim. People pump and dump faster than you can say 'ace'. It's not a good strategy if you call yourself a proper 'investor'.
It’s super transparent - someone has liquidated a wedge of shares here and thrown the money into ORCA. cross matching the timing and size of trades tells a very clear story. Someone is either very optimistic or foolish on chasing that ace!
I can't understand the sells but hey-ho, hopefully we get another positive RNS in the next few weeks which sends the SP northwards with some haste
Very quiet today....nothing at all happening.
One person liquidated c.£15k of holdings in six transactions. I’m guessing they thought they’d get the best price that way.
No dramas - we need liquidity to have a market and I’m sure they’ll be sold again soon
Andoman - peanuts, I agree, but why buy any at all?
Andoman99
The 75,000 sold at 4.349 is a buy.