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Would have to disagree. Sp is totally disconnected to Eurasia’s true value, as will the sale dividend.
Fully agree Dowely, no matter what figures you run on a 15Moz Palladium eqv disposal the answer will always arrive at a multi billion dollar sale. That's just the Palladium eqv, there is Nickel, Copper and Copper to go on top of that. The highly positive Rhodium anomaly throughout the entire complex there is also something people would be willing to part with a bit more cash to get a hold of.
You run the figures and then factor in a highly competitive bidding war and the potential sale value sharp reaches some eye opening figures.
GLA
*Cobalt instead of one of those 'Copper' lol Too much sun.
GLA
Dowley & all
Evening & absolutely agree ,how many times have I waffled & stated ,
“When you look at the current stock price it certainly doesn’t represent current position & any drop in the stock via manipulation & dark pooled trading effects all stockholders not just us pis on this board “
We’ve all seen the shenanigans & manipulation on this stock recently & I’ve waffled about it enough , & I believe happens for a reason ,
Financial Titans chasing stock while trading it especially since 12 May when left unsupervised ,
Noted the stock increases & stars n stripes trading / accumulation via Kippers on deck through the dark pools & using all financial artillery available- spoofing - tailgating - wash trading - shorting & perhaps even naked shorting .
50% of stock with BOD & ii combined & fresh stock allocation out next week would be interesting to see if any further increases in last 4 weeks to add to recent increases .
( not that you may find the true quantities as millions in stock can & is likely held in the dark pools & dribbled into the market when required so not to spring the stock price )
However guaranteed on the deal RNS there will be a plethora of delayed Kippers with Financial Titans names on them , just appear out of thin air .
As noted in yesterday’s session & since the last RNS -
Dark pool kipper action dried up
Volume dried up
Disruptive bozos dried up
( the day of the RNS there were some sizeable shorts closing were they shown the exit & flipped the trades to longs as the trading completely different since )
No shenanigans, so have the financial Titans retreated on the trading , perhaps enough stock/ risk when looking to the deal horizon .
Volume dried to all time low on Thursday 2.7 million
We did 55 million in May after FSP ended
This market behaviour happens for a reason in my eyes & the day after ie yesterday we moved steady north 5% in normal trading with unusual delayed kippers .
All My musings however believe we ain’t far away from deal map news & very confident of prosperous conclusion for all invested hence 3 top ups in last week .
Recent stock kipper count ;
GS - joined the feast in June - 2.6 million
BR - 12 th May - 38.4 million in stock
IG - 43 million
Hbos - 167 million
AC - repurchase of stock - this dude observes the financial revolving doors at EUA - why re-purchase if don’t expect return on stock .
Noted - the Armchair Trader also agreed with our musings on the stars n stripes Financial Titans stock chasing on Eua .
He quoted ;
. ‘ Institutional interest has been strong, with BlackRock, Fidelity and Goldman Sachs among others all looking to buy up exposure to battery metals.’
Myself & I’m sure all invested on deck are certainly looking forward to a superb August !
Starting at 7am in morn
Rums all Round
Naked shorting with Septic Lil…mmm
I'll certainly be buying more tomorrow - Told myself I wouldn't but got some new funds available, so why not.
Interesting to see if Friday's move continues into tomorrow. Might signal the beginning...
Certainly massively over sold over the last 4 to 6 months.
Then it may not, but we’ll soon find out soon enough!
Army & all
The thing is in the last 6 months the actual stock ownership has increased with the ii with a few new ii getting there snouts in the trough , including GS 2.6 mil ,
& of course AC re purchasing stock -
The Stock has been heavily traded through the dark pools since 12 th of May - shorting south while netting stock from pi s throwing the towel in .
& the pattern Now perhaps flipped to longs when the volume dries up & no more pi s selling .
Rums all Round
Go big , & all
Please don’t use the words Septic Lil & naked in the same sentence, well not without a gallon of Grog anyway .
it’s making my Cheese on toast with red onion with Worcester sauce curl at the edges ,
Rums all Round
And you have us believe you live off maggot infested ships biscuits!
Weevils surely.
"Cobalt has been on everyone’s lips over the past couple of years. Even though prices are volatile, more and more investors are becoming interested in this metal.
The battery metal, combined with other key raw materials, is an essential component of lithium-ion batteries, which are used to power electric vehicles.
Despite possible changes in battery chemistries and the potential for new battery technologies to disrupt the market, demand for cobalt is expected to rise, and market watchers are particularly keen to find out where it may be mined in the future."