Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
20/03/24 - 14.49 - 100k buy
20/03/24 - 14.17 - 100k buy
19/03/24 - 13.05 - 100k buy
19/03/24 - 10.33 - 100k buy
19/03/24 - 08.58 - 100k buy
19/03/24 - 08.21 - 100k buy
19/03/24 - 08.18 - 100k buy
19/03/24 - 08.17 - 100k buy
19/03/24 - 08.16 - 100k buy x2
18/03/24 - 14.27 - 100k buy
18/03/24 - 10.08 - 100k buy
18/03/24 - 10.05 - 100k buy
18/03/24 - 10.04 - 100k buy
18/03/24 - 09.11 - 100k buy
15/03/24 - 08.19 - 100k buy
15/03/24 - 08.18 - 100k buy
14/03/24 - 16.15 - 100k buy
14/03/24 - 13.44 - 100k buy
14/03/24 - 11.02 - 100k buy
14/03/24 - 10.59 - 100k buy
14/03/24 - 10.33 - 100k buy
14/03/24 - 09.58 - 100k buy
14/03/24 - 09.11 - 100k buy
14/04/24 - 08.53 - 100k buy
14/03/24 - 08.46 - 100k buy
13/03/24 - 08.21 - 100k buy
13/03/24 - 08.20 - 100k buy
13/03/24 - 08.09 - 100k buy
13/03/24 - 08.07 - 100k buy
12/03/24 - 15.15 - 100k buy
12/03/24 - 15.13 - 100k buy
12/03/24 - 13.18 - 100k buy
12/03/24 - 10.42 - 100k buy
12/03/24 - 09.52 - 100k buy
11/03/24 - 16.28 - 100k buy
11/03/24 - 16.05 - 100k buy
11/03/24 - 15.58 - 100k buy
11/03/24 - 15.56 - 100k buy x3
11/03/24 - 15.49 - 100k buy
11/03/24 - 14.48 - 100k buy
11/03/24 - 13.11 - 100k buy
11/03/24 - 11.31 - 100k buy
11/03/24 - 11.11 - 100k buy x3
11/03/24 - 11.06 - 100k buy
11/03/24 - 11.04 - 100k buy x3
11/03/24 - 10.50 - 100k buy
11/03/24 - 10.49 - 100k buy
11/03/24 - 10.45 - 100k buy
11/03/24 - 10.30 - 100k buy x2
11/03/24 - 09.43 - 100k buy
11/03/24 - 08.22 - 100k buy
11/03/24 - 08.20 - 100k buy
11/03/24 - 08.00 - 100k buy x2
08/03/24 - 100k x4
07/03/24 - 100k x3
06/03/24 - 100k x2
05/03/24 - 100k x2
04/03/24 - 100k x 10
He is but there’s a chance we’ll move up anyway given little volume available at these prices (just no one to buy em up yet) and can do without a afternoon full of ramping posts. Lol
Remember connect4 or whatever his name was from a few days ago 😂 admittedly he was a character and a good laugh
I believe he was back this morning, expecting some delayed prints later. Maybe adds more throughout the day.
Wider market isn’t paying attention yet, most of our volume is coming via big buyers accumulating holdings here.
If market gets wind of any news, this will move fast and as Searcher stated, nobody will want owt over weekend - similar to 2 Fridays ago when we finished top of leaderboards. GL
How strange. First day in so many weeks a 100k block wasn’t bought up….after my morning post. Coincidence?
The 9.48 & 9.50 delayed trades were both buys but our big buyer has strictly been buying round figures…
Header really does say all.
Https://www.londonstockexchange.com/stock/GCM/gcm-resources-plc/company-page
So guys i got it wrong in my earlier comment, it’s more than 4m our buyers bought, a lot more!!!! You can check the trades i’ve posted below against this link here. I’ve noted them in date/time - i count 82x 100,000 buys amounting to 8.2 million shares costing around 7.5 million pounds. (All were bought around 7-12p area). That’s only 13 days worth of trades - there’s plenty more as you go through the weeks, buyers been loading up since beginning of Feb.
Upon checking the trade history i also noted around 60x 50,000 trades and 10x 250,000 trades all of which were buys judging by the timestamp and price they were executed at (within the same 13 day span). Not sure if this buyer is the same as the one loading up in 100k tranches but i believe it may well be.
There’s also 3 million shares worth of sells (150,000 and 200,000 tranches) which i believe was DG (lobbying govt on our behalf and paid in 4m shares - they also receive a commission of 4% of shares issued when approval successful, which they can sell for 6 months) but may be profit takers from lower entries.
Now i’m not saying buy, i’m not saying anything. I’m calling a spade a spade and someone desperately wants to be a big part of GCM. The wider market hasn’t cotton’d on to the enormity of what’s happening here (probably down to false dawns in the past) but something big is happening. I gave my theory earlier in this thread as to who i believe it is, but, who knows!
The way Aim works is there needs to be a 3 day lull in buying in order to notify the market via TR1.
I’m convinced this is going to come good in a big way for me and all holders here, the above is just another reminder for when we appear on top of the leaderboard again and all the shenanigans that come with it (traders). As always only invest what you can afford to lose and good luck to all of us invested!
20/03/24 - 14.49 - 100k buy
20/03/24 - 14.17 - 100k buy
19/03/24 - 13.05 - 100k buy
19/03/24 - 10.33 - 100k buy
19/03/24 - 08.58 - 100k buy
19/03/24 - 08.21 - 100k buy
19/03/24 - 08.18 - 100k buy
19/03/24 - 08.17 - 100k buy
19/03/24 - 08.16 - 100k buy x2
18/03/24 - 14.27 - 100k buy
18/03/24 - 10.08 - 100k buy
18/03/24 - 10.05 - 100k buy
18/03/24 - 10.04 - 100k buy
18/03/24 - 09.11 - 100k buy
15/03/24 - 08.19 - 100k buy
15/03/24 - 08.18 - 100k buy
14/03/24 - 16.15 - 100k buy
14/03/24 - 13.44 - 100k buy
14/03/24 - 11.02 - 100k buy
14/03/24 - 10.59 - 100k buy
14/03/24 - 10.33 - 100k buy
14/03/24 - 09.58 - 100k buy
14/03/24 - 09.11 - 100k buy
14/04/24 - 08.53 - 100k buy
14/03/24 - 08.46 - 100k buy
13/03/24 - 08.21 - 100k buy
13/03/24 - 08.20 - 100k buy
13/03/24 - 08.09 - 100k buy
13/03/24 - 08.07 - 100k buy
12/03/24 - 15.15 - 100k buy
12/03/24 - 15.13 - 100k buy
12/03/24 - 13.18 - 100k buy
12/03/24 - 10.42 - 100k buy
12/03/24 - 09.52 - 100k buy
11/03/24 - 16.28 - 100k buy
11/03/24 - 16.05 - 100k buy
11/03/24 - 15.58 - 100k buy
11/03/24 - 15.56 - 100k buy x3
11/03/24 - 15.49 - 100k buy
11/03/24 - 14.48 - 100k buy
11/03/24 - 13.11 - 100k buy
11/03/24 - 11.31 - 100k buy
11/03/24 - 11.11 - 100k buy x3
11/03/24 - 11.06 - 100k buy
11/03/24 - 11.04 - 100k buy x3
11/03/24 - 10.50 - 100k buy
11/03/24 - 10.49 - 100k buy
11/03/24 - 10.45 - 100k buy
11/03/24 - 10.30 - 100k buy x2
11/03/24 - 09.43 - 100k buy
11/03/24 - 08.22 - 100k buy
11/03/24 - 08.20 - 100k buy
11/03/24 - 08.00 - 100k buy x2
08/03/24 - 100k x4
07/03/24 - 100k x3
06/03/24 - 100k x2
05/03/24 - 100k x2
04/03/24 - 100k x 10
1.2m in 100k tranches this week alone Crowfoot (someone adding for past 7 weeks).
I’m likely totally wrong anyway in my theory but not wrong regarding buys. Remember last week we had someone offloading shares too (i claimed it was DG) and stunted the rise.
Anyway, just thinking out loud.
Hi Doze.
There’s definitely an entity buying large swathes of shares and has been for weeks - imo this is a govt related company and will continue to buy. They can’t publish tr1 until after approval so to not let cat out the bag (all of this imo and might be totally wrong).
Reason this makes sense to me is, Govt don’t only want stipulations as part of licensing conditions (approval) they also want some say in the day to day running of the mine given how big this is for Bangla.
‘Our business model has two business units covering the core aspects of the Project:
· "MINING COMPANY" to develop and operate the coal mine; and
· "POWER COMPANY" to develop and operate the proposed 4,000 MW Ultra-Supercritical power plants already covered in JVs with our Development Partner, PowerChina, and to develop and operate the mine-site Solar Power Park.’
‘GCM remains confident its Strategy and Business Model will deliver project approval and enable the Project to: reduce the Country's exposure to the volatile energy market; deliver a long-term positive impact on Foreign Exchange Reserves; deliver the lowest coal-based energy price and cheapest electricity, enabling expansion and competitiveness of industries; produce new higher paying jobs; and grow the economy. It potentially will be a catalyst for a "step-jump" in the Bangladesh economy, supporting its move a Developing Country status by 2026 and helping achieve its Vision 2041 to:
· End absolute poverty and to be graduated into higher middle-income status by 2031; and
· Eradicate poverty on way to becoming a developed nation by 2041’
••• in my estimation the entity buying has picked up over 4m shares already (around 3% of total shares) with no sign of slowing down.
I may be totally wrong but it’s an awful lot of money and only a massive player can buy shares on the open market like this, knowing it results with an increase of SP and more costs (todays SP is minuscule compared to what it might look like in 3 months time).
The traditional way would’ve been via a reduced placing but it seems like the days of getting gcm shares cheap are gone.
‘Industrial Mineral Co-Product JV Company" to manage the extraction and delivery of large-volume valuable Industrial Mineral Co-Products that can be recovered from the overburden material removed to access coal, i.e., available ahead of reaching first coal. These Co-Products consist of gravels, aggregate, sands, glass sands, ceramic and pottery clay and potentially bottled water. This is potentially a very large business opportunity with the value of Co-Products available over the life of the Project estimated at over ten Billion Dollars. Also, the Industrial Mineral Co-Products are in great demand in Bangladesh, so this JV Company will also add great value to industries and the economy, and importantly will deliver cashflow to the MINING COMPANY well ahead of first coal.’
Yep some of the trades that are delayed before printing are a mixture of buys and sells.
The 100k blocks are all the same buyer imo. They bought 6 tranches Monday, 9 on Tuesday and 2 today…to go with the load they’ve been picking up the last 7 weeks. Heck of a lot of shares and money involved….!!!
Nice mankini!! Wish i could’ve added there!!
https://www.lse.co.uk/ShareTrades.html?shareprice=GCM.GB.PL&share=Gcm-Resources-Plc
By the way our buyer snuck one in through here too (no idea why some trades show up on there, as their not counted on todays volume as per Searcher figures - some days volumes are quite substantial here too).
Measly 2 buys today! Still not chump change for damn sure haha
Sub 1p, there was probably 1 trade for about £40 before it moved back above a penny. Sub 1.6p was very minimal volume too, you can see not a lot was traded (less than 20k worth trading buys and sells) through them dates via Searcher link from yesterday that shows trading history.