Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Friday: Low'ish Volume 0.96m with 77.3% of 616 trades by BoT's
Trades over £50k :
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-18T17:23:29.000 GBX 248.5 73995 £183877.575 Off-Book XOFF TNCP ECHO
2022-02-18T16:35:12.910 GBX 248.5 47771 118710.935 UT AIMX P
2022-02-18T16:23:09.430 GBX 250 24580 61450 AT AIMX P D ALGO
2022-02-18T14:07:13.077 GBX 251.393 20682 51993.10026 Off-Book AIMX P AIMX
2022-02-18T09:50:18.797 GBX 249.5 20682 51601.59 Off-Book AIMX P AIMX
2022-02-18T15:25:40.290 GBX 252 19444 48998.88 Off-Book AIMX P AIMX
Strange day yesterday, first 10 minutes or so set tone for the day when BoT trades took the SP down 6pt's by 8:15am. We had 22 trades with European Venue of publication .... Unusual to see one let alone 22 !! Also had high number of dark pool trades, 55 but relatively low volume of just 101k.... As I said, strange day particularly if you take the Putin factor as being a real threat with NBP ending the day down ~2%. (~173p/therm)
We're still building our massive cash hoard at a rate of ~£1.87m per day, net, with cash and equivalents that now represents circa ~50% of our current MCap (£668m). Come result, mid April, cash would be closer to 65-70% of current MCap. I feel a bit of a 'believe it or not' moment coming on at current SP .... Really unbelievable Mr Market is valuing SQZ boe's reserves est ~54mmboe at little over £6boe (£330m) with production average of 30kboepd net to SQZ , zero debt too. Bruce operator and assets risk now spread across several sites thanks to Columbus / Erskine. Windfall tax in rear-view mirror and fading fast into the distance. Given Ukraine situation, NBP likely for foreseeable to remain well elevated above the normal trading average of 54p/therm. What possibly are we PI's missing ?
aimo & dyor
THURSDAY : Good Volume 1.35m with 77.2% of 876 trades by BoT's
Trades over £50k :
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-17T16:35:12.247 GBX 258 73291 £189090.78 UT AIMX P
2022-02-17T09:05:37.513 GBX 254 50000 127000 Off-Book AIMX P LRGS AIMX
2022-02-17T17:32:28.000 GBX 257.525 36415 93777.72875 Off-Book XOFF TNCP ECHO
2022-02-17T09:05:17.637 GBX 253.75 25000 63437.5 Off-Book SINT P ECHO
Charts do show another weaker target within the trend channel, but that's ~330p atm and rising .... if only.
aimo & dyor
Wednesday : Decent Volume 1.57m with 73.6% of 950 trades by BoT's
Trades over £50k :
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-16T16:35:27.387 GBX 251 84539 £212192.89 UT AIMX P
2022-02-16T08:08:28.387 GBX 246 50000 123000 AT AIMX P ALGO
2022-02-16T09:23:41.277 GBX 246.5 42140 103875.1 Off-Book AIMX P AIMX
2022-02-16T12:20:11.677 GBX 245 38684 94775.8 Off-Book SINT P LRGS ECHO
2022-02-16T09:46:25.830 GBX 248.4 33055 82108.62 Off-Book AIMX P LRGS AIMX
2022-02-16T14:55:47.710 GBX 247.75 30000 74325 Off-Book AIMX P LRGS AIMX
2022-02-16T14:20:55.673 GBX 243.12 26360 64086.432 Off-Book SINT P ECHO
2022-02-16T15:30:14.050 GBX 247 25094 61982.18 Off-Book SINT P ECHO
2022-02-16T09:19:00.423 GBX 247 21358 52754.26 AT AIMX P ALGO
2022-02-16T14:20:38.453 GBX 243 20576 49999.68 Off-Book AIMX P AIMX
2022-02-16T15:32:11.800 GBX 249.943 20000 49988.6 Off-Book AIMX P AIMX
Well at least yesterday was less frantic .... Nice to see bounce off lower rising channel, just need to stay above for next few days. Upper rising trend channels offers atm two resistance targets, ~281.25p & ~304p. Closeout the week above 255p would be progress afaic.
aimo & dyor
uk gas price drip to 162 together with Putin sending some troops back to Moscow from Ukraine borders, that why 10% drop...
Tuesday : Super Mega Volume 4.5m with 79.3% of 2348 trades by BoT's
Trades over £50k :
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-15T13:35:19.890 GBX 276 882000 £2434320 Off-Book AIMX TNCP AIMX
2022-02-15T17:22:59.000 GBX 250.265 191067 478173.8276 Off-Book XOFF TNCP ECHO
2022-02-15T16:35:00.163 GBX 247 119568 295332.96 UT AIMX P
2022-02-15T14:52:01.000 GBX 243 50000 121500 Off-Book AIMX P LRGS AIMX
2022-02-15T14:52:21.387 GBX 242.5 50000 121250 Off-Book SINT P LRGS ECHO
2022-02-15T14:50:13.650 GBX 242.5 50000 121250 Off-Book AIMX P LRGS AIMX
2022-02-15T08:05:23.983 GBX 274 35856 98245.44 Off-Book AIMX P LRGS AIMX
2022-02-15T11:21:33.303 GBX 260 32500 84500 Off-Book SINT P LRGS ECHO
2022-02-15T13:38:29.960 GBX 250.29 31088 77810.1552 Off-Book SINT P LRGS ECHO
2022-02-15T15:15:33.003 GBX 245 27000 66150 AT AIMX P ALGO
2022-02-15T15:15:36.310 GBX 245 26159 64089.55 AT AIMX P ALGO
2022-02-15T15:19:07.173 GBX 243.5 24686 60110.41 Off-Book SINT P ECHO
2022-02-15T15:55:50.327 GBX 247.956 24192 59985.51552 Off-Book AIMX P AIMX
2022-02-15T09:12:44.880 GBX 265.494 20000 53098.8 Off-Book AIMX P AIMX
2022-02-15T14:40:05.750 GBX 246.11 21102 51934.1322 Off-Book AIMX P AIMX
2022-02-15T15:50:33.603 GBX 246.083 21102 51928.43466 Off-Book AIMX P AIMX
2022-02-15T08:48:12.533 GBX 269 19162 51545.78 AT AIMX P ALGO
2022-02-15T14:59:09.353 GBX 242 21091 51040.22 Off-Book SINT P ECHO
2022-02-15T08:02:23.393 GBX 276.783 18064 49998.08112 Off-Book AIMX P AIMX
2022-02-15T14:35:30.130 GBX 244.787 20421 49987.95327 Off-Book AIMX P AIMX
Highest daily volume since as far back as Sept 2015 (7.54m) when we moved up from 4.87p on interim's following acquisition of 18% interest in the Erskine and third highest from as far back as Feb 2011 (4.65m). Volume book cost in 2015 ~ £357k, compared to today's traded value £11.51m, no contest.
Let's see what gems await us tomorrow !
aimo & dyor
Must have hit a duster - didn't even know we were drilling!
That was a joke (albeit an irritated and not very funny one) before anyone makes a comment
We are now less than we were at Fridays close - go figure cos i haven't a clue.
The random ups and downs are very frustrating
Shorts being opened again today
Whereas there was clear disparity between general market weakness inc other O&G players and SQZ strength yesterday, opposite is true today atm, even the volume is very low..... that's the beauty of AIM, 'is like a box of chocolates. You never know what you’re gonna get'.
Monday : Mega Volume 3.6m with 83.2% of 2132 trades by BoT's
Trades over £50k :
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-14T08:44:09.860 GBX 270.5 576441 £1559272.905 Off-Book AIMX P AIMX
2022-02-14T15:25:19.293 GBX 272.75 341490 931413.975 Off-Book SINT P ECHO
2022-02-14T16:10:39.857 GBX 273.92 70000 191744 Off-Book SINT P LRGS ECHO
2022-02-14T16:10:26.307 GBX 273.92 49092 134472.8064 Off-Book SINT P LRGS ECHO
2022-02-14T16:35:28.507 GBX 276 47565 131279.4 UT AIMX P
2022-02-14T10:15:56.597 GBX 273 47622 130008.06 AT AIMX P ALGO
2022-02-14T09:02:13.217 GBX 270 45000 121500 Off-Book AIMX P AIMX
2022-02-14T16:57:37.000 GBX 273.924 32459 88912.99116 Off-Book XOFF TNCP ECHO
2022-02-14T08:44:44.353 GBX 273.183 30496 83309.88768 Off-Book AIMX P LRGS AIMX
2022-02-14T08:07:43.223 GBX 270 29589 79890.3 AT AIMX P ALGO
2022-02-14T17:42:21.003 GBX 274.068 27815 76232.0142 Off-Book XOFF TNCP ECHO
2022-02-14T08:22:28.177 GBX 270 25000 67500 Off-Book SINT P LRGS ECHO
2022-02-14T17:44:16.000 GBX 273.294 22351 61083.94194 Off-Book XOFF TNCP ECHO
2022-02-14T09:16:37.847 GBX 270 22222 59999.4 Off-Book AIMX P AIMX
2022-02-14T14:59:18.257 GBX 272.04 18385 50014.554 Off-Book AIMX P AIMX
2022-02-14T14:58:50.800 GBX 271.447 18425 50014.10975 Off-Book AIMX P AIMX
Highest daily volume since Sept 2017 (BKR announcement), and third highest from as far back as Sept 2015 when we moved up from 4.87p on interim's following acquisition of 18% interest in the Erskine.
Clear disparity between general market weakness inc other O&G players and SQZ strength today.
.......hummmm !!!
aimo & dyor
Correction:
Friday : Low Volume 638k with 74.5% of 357 trades by BoT's
Trades over £50k :
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-11T16:30:33.223 GBX 258 50000 129000 Off-Book SINT P LRGS ECHO
2022-02-11T12:37:17.160 GBX 257 50000 128500 Off-Book AIMX P LRGS AIMX
2022-02-11T16:35:06.503 GBX 259.5 40875 106070.625 UT AIMX P
2022-02-11T16:13:37.633 GBX 258.5 25000 64625 Off-Book AIMX P AIMX
2022-02-11T08:48:18.533 GBX 255.25 19500 49773.75 Off-Book SINT P ECHO
2022-02-11T08:47:47.613 GBX 255.25 19500 49773.75 Off-Book AIMX P AIMX
Thursday : Low Volume 638k with 74.5% of 357 trades by BoT's
Trades over £50k :
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-11T16:30:33.223 GBX 258 50000 129000 Off-Book SINT P LRGS ECHO
2022-02-11T12:37:17.160 GBX 257 50000 128500 Off-Book AIMX P LRGS AIMX
2022-02-11T16:35:06.503 GBX 259.5 40875 106070.625 UT AIMX P
2022-02-11T16:13:37.633 GBX 258.5 25000 64625 Off-Book AIMX P AIMX
2022-02-11T08:48:18.533 GBX 255.25 19500 49773.75 Off-Book SINT P ECHO
2022-02-11T08:47:47.613 GBX 255.25 19500 49773.75 Off-Book AIMX P AIMX
Thursday : Low Volume 730k with 88.3% of 588 trades by BoT's
Trades over £50k :
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-10T16:35:00.113 GBX 255 48019 £122448.45 UT AIMX P
2022-02-10T11:37:19.127 GBX 254.25 33962 86348.385 Off-Book XPOL RFPT P XPOL
2022-02-10T10:31:56.987 GBX 255.124 25000 63781 Off-Book AIMX P AIMX
Some strange trading today , for example, I've never seen before, part share trades:
2022-02-10T08:48:53.177 GBX 254 0.707 £1.79578 Off-Book SINT P ECEU
2022-02-10T12:10:10.117 GBX 255 0.664 £1.6932 Off-Book SINT P ECEU
159 of the 588 traded were at 255p.
Market opened and the BoT didn't execute a single trade until 8:51, probably too tired due to having a late night party with his Binary friends.
Also several trades execute on European exchange too, once again, far from the norm.
Just a strange day overall ... and to top it, closed spot on 255p, same as yesterday..... SP finding it hard to close above this atm.
aimo & dyor
Weird trading so far today, very weird !
Wednesday : Large Volume 2.57m with 78.5% of 484 trades by BoT's
Trades over £50k :
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-09T14:05:26.867 GBX 255.25 100000 £255250 Off-Book XPOL P XPOL
2022-02-09T13:21:38.583 GBX 253.25 83332 211038.29 Off-Book XPOL P XPOL
2022-02-09T14:05:26.737 GBX 255.25 50000 127625 Off-Book XPOL P XPOL
2022-02-09T16:35:18.963 GBX 255 49064 125113.2 UT AIMX P
2022-02-09T13:21:38.450 GBX 253.25 41668 105524.21 Off-Book XPOL P XPOL
2022-02-09T09:53:37.233 GBX 250 36506 91265 Off-Book SINT P LRGS ECHO
2022-02-09T15:11:26.757 GBX 256 31614 80931.84 Off-Book SINT P LRGS ECHO
2022-02-09T15:11:07.987 GBX 256 31614 80931.84 Off-Book SINT P LRGS ECHO
2022-02-09T13:03:55.010 GBX 250.09 30000 75027 Off-Book AIMX P LRGS AIMX
Once again, SP struggles to gain traction early on with both NBP / Brent up today atm.
aimo & dyor
Monday : Volume 866k with 79.9% of 620 trades by BoT's
Trades over £50k :
2022-02-07T14:58:37.187 GBX 262 56935 £149169.7 AT AIMX P ALGO
2022-02-07T16:35:00.927 GBX 261.5 26786 70045.39 UT AIMX P
2022-02-07T08:08:00.717 GBX 257.5 19375 49890.625 Off-Book AIMX P AIMX
2022-02-07T10:12:11.570 GBX 260 19000 49400 Off-Book AIMX P AIMX
2022-02-07T10:10:04.313 GBX 260 19000 49400 Off-Book AIMX P AIMX
2022-02-07T17:02:18.360 GBX 260.29 18953 49332.7637 Off-Book XOFF TNCP ECHO
Tuesday : Volume back up again, 1.13m with 81.6% of 566 trades by BoT's
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-08T15:02:01.207 GBX 254.25 213048 £541674.54 Off-Book XPOL P XPOL
2022-02-08T16:35:02.023 GBX 251 90821 227960.71 UT AIMX P
2022-02-08T16:24:32.663 GBX 252.5 39813 100527.825 Off-Book SINT P LRGS ECHO
2022-02-08T19:33:11.000 GBP 2.58545 34249 88549.07705 Off-Book XOFF N TNCP ECHO
2022-02-08T16:23:06.790 GBX 252.5 33334 84168.35 Off-Book XPOL RFPT P XPOL
2022-02-08T08:05:24.163 GBX 261.5 20000 52300 Off-Book AIMX P AIMX
aimo
Volume back up again, 1.43m with 86% of 761 trades by BoT's
Trades over £50k ;
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-04T12:44:26.000 GBX 246 207325 £510019.5 Off-Book XOFF TNCP ECHO
2022-02-04T12:59:02.000 GBX 246 99997 245992.62 Off-Book XOFF TNCP ECHO
2022-02-04T13:38:29.937 GBX 255 50000 127500 Off-Book AIMX P LRGS AIMX
2022-02-04T16:35:24.043 GBX 258 31377 80952.66 UT AIMX P
Interesting single SINT share traded on opening. Brent exploded during the day to well above $93/barrel and held majority of gain on closing. NBP closed slightly up at 195p/therm.
At this rate, SQZ are adding cash of ~£13.9m (~5.2p/s) or ~2% of our MCap per week, post Opex/Hedging/Capex on 30.3kboepd , unbelievable but true !! Remember, SQZ are debt free too.
PS. Still chuckling to myself regarding AA's comment about Mitch yesterday. Guess Mitch will have already been told as I would have thought everyone in SQZ's office will also know by now too ... lol
Come on ACW et al, time deal got signed off !
aimo & dyor
Volume lower than recent days, 644k with 82% of 525 trade by BoT's
Trades over £50k ;
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-03T16:35:07.050 GBX 245 54458 £133422.1 UT AIMX P
2022-02-03T18:01:05.000 GBX 241.456 23870 £57635.5472 Off-Book XOFF TNCP ECHO
With Brent well above $90/barrel (highest level since Oct 2014) and NBP finishing up 5.4% at 193p/therm hope we are able to claw back recently lost ground.
aimo & dyor
Low'ish volume today, 870k with 80% BoT trades.
Trades over £50k ;
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-02T16:02:36.627 GBX 239 50000 £119500 Off-Book AIMX P LRGS AIMX
2022-02-02T14:41:39.010 GBX 241 40923 98624.43 AT AIMX P ALGO
2022-02-02T16:35:21.260 GBX 239.5 28332 67855.14 UT AIMX P
2022-02-02T11:50:55.863 GBX 242.25 27717 67144.4325 Off-Book XPOL RFPT P XPOL
2022-02-02T15:16:54.430 GBX 237 25628 60738.36 Off-Book SINT P ECHO
2022-02-02T11:50:42.253 GBX 242.25 25000 60562.5 Off-Book XPOL RFPT P XPOL
Second that.
Thanks for keeping us all up to speed with these numbers Newkotb, it’s much appreciated! I keep a close eye but not the level of detail you manage, will be interesting to see how this plays out.
Over 17m traded since 24th Jan, that's over 6% of the company, most unusual ...... :-)
Around 86m (~32%) of the companies share capital traded since November.
aimo & dyor
flexmw,
Yep, large trades once more. Certainly appears significant step-change in volume and trade size's since November are set to continue.
Trades over £50k :
tradeTime currency price volume tradeValue type micCode tradeType venueOfPublication
2022-02-01T10:07:29.563 GBX 247 167996 £414950.12 Off-Book AIMX P LRGS AIMX
2022-02-01T16:35:20.980 GBX 249 118678 295508.22 UT AIMX P
2022-02-01T18:00:04.000 GBX 248.284 60246 149581.1786 Off-Book XOFF TNCP ECHO
2022-02-01T16:02:36.857 GBX 247.5 57370 141990.75 Off-Book AIMX P AIMX
2022-02-01T15:58:42.683 GBX 250.5 50000 125250 Off-Book AIMX P LRGS AIMX
2022-02-01T09:13:20.010 GBX 253 50000 126500 Off-Book AIMX P LRGS AIMX
2022-02-01T09:13:06.113 GBX 253 50000 126500 Off-Book AIMX P AIMX
2022-02-01T13:20:23.000 GBX 249.92 35000 87472 Off-Book AIMX P LRGS AIMX
2022-02-01T09:28:58.093 GBX 251.85 25000 62962.5 Off-Book AIMX P AIMX
2022-02-01T08:59:52.013 GBX 254.5 25000 63625 Off-Book AIMX P AIMX
2022-02-01T08:19:09.500 GBX 256 25000 64000 Off-Book AIMX P AIMX
2022-02-01T16:15:16.147 GBX 248 24165 59929.2 Off-Book SINT P ECHO
85% BoT trades, volume at 1.95m remains high too.
aimo & dyor
The large trades still going through, not quite the £2.57million trade that went through yesterday…..
01-Feb-22 18:00:04 248.284 60,246 Unknown* 149.58k O
01-Feb-22 17:28:48 249.00 12,895 Unknown* 32.11k O
01-Feb-22 10:07:29 247.00 167,996 Unknown* 414.95k O
01-Feb-22 17:13:05 248.146 4,025 Unknown* 9,988 O
01-Feb-22 17:02:08 248.067 1,750 Unknown* 4,341 O
01-Feb-22 15:58:42 250.50 50,000 Unknown* 125.25k O
01-Feb-22 16:56:06 248.505 987 Unknown* 2,453 O
01-Feb-22 16:35:21 249.00 1,895 Buy* 4,719 A
01-Feb-22 16:35:20 249.00 118,678 Buy* 295.51k UT