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Bit of a disappointing start to the day to see a 25 mil sell hopefully things will pick up later on.
ATB
It’s just being moved up and down inside the 38-41 range, normal behaviour with such a wide spread.
You rightly ask why, if it is such a star asset is he not shouting it from the rooftops, well my worst fear is that ithe SP is being undermined for a cheap sale to 'favoured future partners or investors' in short the PI gets shafted on AIM. We will see, but I for one am wary of the motives of some on AIM.
This AIM conspiracy nonsense is just that nonsense. Don't buy shares on AIM if you can't cope with sp movements.
Cry babies imo.
I've said before that it's likely something was said about 023 media (showing off the visual mineralisation before official testing etc). We didn't get anything like that after 023D even though as BH Capital said it was the highlight of the campaign. It is however possible to be positive without being rampy and we could do with a bit more enthusiasm to relight sentiment I believe. T Pope have us at a very cautious 0.095p and that's before the assays for goodness sake. I also think the DB de-risk dampened the many positives in the results, the announcement couldn't have come at a worse time.
She’d, a couple of points, whilst I agree in general with what you say I have to ask the question, if TP have us at 0.095p why are there so many large (ish) sells? It certainly isn’t the likes of you and I off-loading, because if we were going to do that we would have done it at .07+. When DB derisked (more like dumped loads of shares) it put the writing on the wall and I think the rest of us were too slow to do the same. We could have all bought back in and doubled the number of shares we owned. ATB
Sorry that was supposed to be Shed
Fair enough but I still see it as de-risking, they must have some pretty significant clients and their job is to protect their wealth, the opportunity to de-risk their investment was too good to ignore. Of course I wish I'd seen it coming, but it didn't particularly alarm me, problem is everyone is worried about what the herd are going to do and guess what happens? Make no mistake if they thought there was no future in this project they'd be gone.
Gizzard, you talk tough but if there is corruption on AIM then logically your attitude is ' if you can't take corruption get off AIM. Tut tut. Not cry babies, Not afraid off share movement, but dislike people who bluster on about if you can't take the heat.. etc.
Who cares what I or you think. I'm entitled to my opinion. People want it a bed of roses well it aint.
If you think this is stressful, you should try holding shares in Sirius Petroleum?? Verbs
I can't see the investor presentation event effecting the s.p much, unless they release news pre-event.
Any share price sensitive info will only be discussed under non-disclosure terms - which would as usual mean big players get chance to pre-empt s.p direction before us p.i's .
We could possibly have positive movement if there is an announcement that certain parties have exercised warrants and have not actually decreased their stake or new players get involved , but apart from this it's a 4 week waiting game IMO.
Gla
In the Proactive interview LR talks of high grade areas and says that the TOD-23 result is '...slap bang in the high grade area...and we missed the really high grade stuff. But this is enough, it's good enough.'
It's just a shame that doesn't really translate through the RNS as it seems to have spooked a lot of people on an already ridiculous and jittery platform, where spivs make a huge deal out of trading peanut money.
But as I said, and will continue to, keep in neutral, then you can't be hurt. The overall signs for EUZ look to be heading in the right direction, even if at this stage (and it is just one stage of many) the latest RNS translated as a bit muted for several people. I don't doubt there's more action to come and more intrigue, but a feet on the ground approach is always best on AIM. All being well this one should come good though.
I think that's really unfair MM the campaign has been completed successfully and we're hopefully moving to indicated soon. LR's tone at the presentation will be interesting as I suspect he knows how the AMS work will go it just has to be conducted independently. He does have an unusual delivery when being interviewed or presenting and this market is so used to rampy CEO's promising the world that I guess it's interpreted as negative.
I think the assays were always going to be a 'dry' rns and were never going to be the big reveal.
However, the JORC is key, but this is produced independently, LR has to keep tight lipped and not display any emotion.
I think based on the data they have they are expecting it be positive but can't say so ATM. Less than 4 weeks to go - sit on your hands! . Did a little cheeky top up this morning - didn't think I'd see O.O3s again - and we won't in a few weeks!
0.04 finish- anyone?
The thing is Shandy , as you stated....the Jorc figures are produced independently .
Regardless of how bad or how good the P.r is at EUZ, the fact of the matter is that factual high quality mining data will sail Or sink this ship.
The big mining company's don't get sentimental or let emotion dictate if they choose to mine or not.
As the knowledgeable people on here know - all the cost of exploration are absorbed by p.i's (me!) invested in these small exploration company's.
I see this as a toss of the coin now.
Come on JORC and make it nice and juicy!!!!!!
Gla
I don't think CB or MC see this as a toss of a coin. They wouldn't be sentimental about pulling their money out either.
I hope you are right, but I think it was Bobbybeal? (Sorry if it wasn't you bobby) that highlighted the 'high risk/high' reward status of these types of shares.
Only attractively Jorc figures in tandom with realistic conceptual mining plans backed by massive mining companies with resources to get the stuff out the ground will make Toral realise it's potential IMO.
I'm hoping I can claw some money back and get back above .006 and beyond.
I topped up the day before the RNS dropped so forgive me if I'm a bit cynical .
That's the gamble.
Gla
Sorry (typo attractively....attractive)