Member Info for AIMtodeath

Hope NUMIS is done soon witht the seller's shares and we can move on......

If title did not make it clear this was a broker note from 2013!

Broker finnCap kept its 50.8p target price on Horizonte Minerals (LON:HZM) after the South American miner awarded the contract for the pre-feasibility study to consultants Snowden.

“The infill drilling programme needed as input to the PFS was recently completed, from which an updated resource statement will be produced,” said the broker.

“This is not expected to change the resource numbers significantly, but should result in a shift from the inferred category to the indicated and measured categories – this is all about reducing investment risk.”

Different times....haha.

https://www.reuters.com/article/us-tesla-cobalt-ahome/column-teslas-reluctant-commitment-to-cobalt-a-warning-to-others-andy-home-idUSKBN23U20Q

NUMIS has been kock blocking the ASK for 2 weeks now.

Your broker might be happy to take the 12k themselves, but RSP anytime decent volume was offered on the BID above 3.4p it was taken out (I did not say there was no liquidity just any of size above 3.4p was quickly taken). It dropped to 3.35p for a while before coming back up then for a while it was 25k shares and 10k shares was only available above 3.4p to sell. MMs won't keep giving a good price to buy off you if they don't have a steady stream of buys to farm it out too, unless they have a good reason to gather shares!

It needs the buys below 3.5p for those MMs to re offer to buy shares again as they run out they start pushing up the ASK (actual offer not the spread) until a seller bites then they re offer those shares again on the ask just below 3.5p because NUMIS is sat on 3.5p with an iceberg. If other MMs offer to buy shares and then try to sell them above 3.5p they will have to wait until NUMIS is cleared out, so they just scalp a little on the low volume 3.4 to 3.49 area.

Been flat in LME warehouse since 3rd March, so in a form of equilibrium at the minute after all that stock arrived when demand plummeted, then once the supply dropped too then it stabilised. Be interesting as more markets open how that demand increase affects stocks. Price should stay around here for a while as they can eat a good 100k tonnes before price gets jumpy on supply fears. China at max steel output so rest of world demand will make the difference.

Two 100k sells earlier after each buy and the large sells as soon as 3.4s were offered to sellers.

It could be both Numis soaking up the 3.5p buys and also selling across to the other brokers when they offer above 3.4p on the BID in any volume, because liquidity is spanked immediately it becomes available! Someone sat with a finger over the sell button.
So after the sells then the other brokers fill the ASK below Numis, people strip them out, they offer to buy on BID again, someone sells into that volume etc etc

If you can't beat them perhaps join them, maybe Numis has been asked to help out the seller get out....last of JPM perhaps. But defo NUMIS selling off book shares as they are only on the buy side they aren't buying any in market to sell.

It will be over when its over and I doubt anyone will want to give them too much for them. Forced sellers people want blood. Someone is also tickling the prices with small lots trying to get movement.

NUMIS blocking the ASK, when the others sell just under, they refill the BID and as they creep it up to keep the merrygo round going someone smashes the BID volume......all the other come back under NUMIS etc.

Someone pinged BERB on the bid with a few small transactions to get them to pull the sell liquidity and it has even dropped the BID. Computers run the prices and respond to certain actions as it has here.

That's because they are having their heads turned on twitter by the 'respectible' pump and dumpers of the latest bargain/multi bagger for them to chase. A lot of Covid plays. Credit to those guys for seeing the opportunity but by the time people have piled in the original crews have quietly stopped tweeting, either as they have left for good or traded out hoping to buy back when it's dropped back.
I got shouted down about ODX at the price they were telling you it was buy buy buy.... Funny I haven't heard them mention it for a while and it's now less than that day and Co just raised £11m. But but they were just about to get a big deal.... How many people have they left hanging in the 60s or 70s after they sold on the spike and its 48p today...

Wonder how many cars that replaces in the lost demand start of this year?

The London Stock Exchange do not publish buy/sell information. The buy/sell indicator is therefore based on the trade price in relation to the mid-market price at the time the trade is published.

2% up, S&P 500 up 3% annnndd a seller continues.... Can't catch a frikin break this share haha.

I'll take anyting over 35p for you then..... I sure as hell need it!

If so then someone (cough) got lucky in getting new shares only days ago! Big profit taking likely unfortunately.

I'd like to put my prediction off until the day before.... ;)

MMs love a good lemming, good for business.

As a reminder, the November 2017 McKinsey report stated:

"If annual electric vehicle [EV] production reaches 31 million vehicles by 2025 as expected then demand for high-purity class 1 nickel is likely to increase significantly from 33 Kt in 2017 to 570 Kt in 2025."

Note: That is a 17 fold increase in just 8 years, albeit only on Class 1 nickel.