Member Info for AIMtodeath

IG Live prices 50k 7.02 vs 7.2 250k was 7 vs 7.44

Buy plenty at 7.25p

I prefer it when the market is telling the MMs the price ;)

Amazing the share breaks out and people continue to sell......if you don't sell they need to keep going up! Haha

And i'll shed a tear for the MMs....yeah right!

IG - 7p to sell 150k, 7.25p to buy 150k 50k no quote to buy, must be a popular one. Is it because they have buy orders they can't take more, or because they actually don't have shares to sell so have to hold buys until they can get people to sell to them first?

They won't quote for 50k but will quote for more than that..... 6.588 to 6.9 at moment Must have got a juicy sell if they were prepared for 500k at 6.7p earlier

Someone elses news causing the board to go into over drive and the share to break out of its channel good and proper.....

Blimey!!!! Already considered overvalued and it spiked probably 80%!!!!!!!!!!!!

If the buys don't get any bigger....Haha.

Hmmm, very quiet..... Morning RNS would break the back of it with impetus to buy.... Tick tock.... Oman offtake Oman economics submitted to PAM Hopefully inside end of May more Portugal news. These are all value enhancing.

They could bring out scoping study for the current JORC along with additional drill results indicating next possible JORC size and have a comparison in scoping study for 14 and say 20Mt. The drill results providing the back up to the 20Mt. However if they have hit their target on Res, the JORC could smash 20Mt and be worth declaring whilst also bringing on more indicated. I was of opinion you wouldn't want a 15.4Mt JORC, but 20+ is juicy.

Look back through Trisse posts end of April, link to it on a webpage so you can view

The numbers can't be much different than several other current producers, whom made investment decisions on their resources several years ago! If those numbers were good enough then then they sure as heck good enough now.

I would suggest that as the SP dropped off to last year's lows, that was Oman being devalued and any rise to the current price is all Portugal's influence. Trisse had a very conservative spreadsheet and Whitman report gave a price on it..... those prices are not much 1.5 to 3p or so as there is very little to go on currently as to returns and it only covers the starting resource. Oman small as it is, is about churning money, so value in SP might not be too grand as of yet but its the importance of money flow that it brings is. Exploration target is 11m to 29m tonnes circ so Oman has a lot of value to uncover. Lots of drilling has been done but little in the way of bringing it together to give fwd value yet. Foot in the door and money flowing will allow this to be taken fwd and true value will be realised. They have previously said 'mid-tier copper gold explorer', so they see a lot more than just the 1.7mt to come to become mid-tier.

Well timing of PAM could be similiar to this statement, - We anticipate that the final Ministerial approvals will be received in December 2017 and that the mining licences for each of the mines will be issued shortly thereafter. But with Omani timings of late, the 'issued shortly thereafter' could not be shortly....haha, but if the rag is promoting it and making it out that it is about to kick off, PAM will be the one to make the release look a bit silly. Important to note the line - 'Early works have commenced at the sites'.... suggests if you have the ministy approvals you can expect to move on with the projects in anticipation of the licence being given out. Note Alara and Savannah have been in these discussions during LABS and well aware of where PAM stands on licence approval in this current time post the whole review etc. They will have had good indications about their projects during the discussions with PAM at LABS.

A technical trading location is a necessary evil. The longer it takes the stronger the inflection point will be as a support in future. Also those taking profit now won't be selling in the near future, current buyers will want greater rises before selling so a new range can form on the flow of news over the next 2 months.

6.43 to 6.66p for 50k - 200k shares Good finish to the day. Be virtue of not falling back the mid day price has now moved above the falling trend line from a year ago, so it may not have broken above the line, it has held position whilst the line falls away. The peaks that formed the upper trend line all came on one day peaks, whereas this rise has held the high price 5 days now in a row.

Well they don't need a licence to have figures. They will have an idea of the proposed tax and royalties to put in the Economic Study, market prices etc. It depends on the process, whether we go alone or we are teaming up on a bigger project (smelter etc) as to the figures more likely and maybe the groups involved have not brokered a deal yet so we can't define the process yet to give an economic value...

though they dropped the ASK