Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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This share just seems to work in fits and starts. Nothing for ages, then a load of buying in a 10 minute period and then nothing again. Happened on friday and happened again today. No trades gone through NEX at all today.
Been a quiet day so far.. Wonder if Mr 500,000 buyer is going to show their face today.
Quick interest account this is. Come in get your 5 to 10 % in an hour or so..leave, grab a bagger, and come back.infinitum....lol..but one day..you will be paying double..atb everyone.whatever your strategy. ...shoulda coulda :)
I think it's still some of the placing stock being sold at the moment which explains some if the big sells. I make it around 300 million shares traded since the placing in September so they must be pretty much done. Once the selling stops then up we go...hopefully this coming week.
C'mon where have all the buyers gone ! Would be nice to end the week on another tick up. Still not been a bad day today. Decent buying at lunchtime pulled us back. I don't think we'll have to wait long for the results. I'm expecting a good size resource to be confirmed here with open strike and to a good depth.
wonder if they aren't the same ones offloading for a reasonably safe margin within seconds of each other....just like the buys... need to be quick....look at the 11 am buy 7 seconds after the last group sell, which started the ball rolling ... bet you the traders got a 20 k stake to compete with...new folk entering the game....lovely little share this is
Funny how all of a sudden a few buys can snowball. Gone a bit quiet again now but certainly perked us up a bit. Another 3x 500,000 buys so i make that 9 now in the last 2 1/2 trading sessions. Someone loading up..
going in to next week. There a numerous RNS due here, could literally double overnight based on the results that we are expecting !!! MM are flat, so they are eager to get stock on
A load of buying all of a sudden. Interestingly for a change most of the trades are not being hidden away on NEX.
Snap
Selling obviously have no patience waiting for results
This will go up and stay up.
"Papua is now in an excellent position to have all drilling samples analysed, verified, interpreted and remodelled within an efficient timescale." "in an excellent position" seems odd kind of wording in this context. You finish drilling and you're now ready to move onto analysis. But you wouldn't normally say that you're in an excellent position to do this. It's just the next step after all. Could it be suggesting that given what has already been observed from the drill results (prior to analysis), it looks as if PML is now in an excellent position generally. But this can't be confirmed until analysis has taken place.
He talks about PML from 17:56. Enigmatically as if there is hidden meaning in today's RNS. "Look at those words...." https://youtu.be/NrrxsbyIkWc
"#PML someone been loading up...6x 500,000 buys since yesterday afternoon. Won't be long for the results now. Looking for a decent rise leading up to them" https://twitter.com/hiblue001/status/938786325469200384
Thanks. That's where it went...lol And before anyone asks the 1000 is because my broker does not put the commas in. Too many zeros is just annoying and hard to read.....even with the reading glasses on.
Yep at 3pm.
Was that 201,000 on NEX?
Should be due a tick up here as can sell above the mid. One or 2 more buys should see movement...200,000 buy just gone through on NEX.
Someone certainly seems to be loading up in blocks of 500,000. I make that 6 now since yesterday afternoon.
The share price moves really quickly here. The placees have kept a lid selling into the buying pressure for weeks now. They must be nearly gone. When they are then the same amount of buying pressure and PML will have doubled before your know it since it moves so quickly. With so little stock around those forced to chase will have to pay over the ask.
Looking better as the pullback buyers take advantage of the dip. --- "#PML on the bounce again... remember no one wanted #LION at 0.70" https://twitter.com/mozEIGHT/status/938741149296136192
Some chunky buys coming in to combat the chunky sells from earlier.
Bargain time again....blue by close.
"#PML We already start with some stunning historical grades" https://twitter.com/andrew_neal7/status/938714005685854209