Member Info for AIMtodeath

- The increased volumes over 2017 are indicative of Beijing's clampdown on copper scrap imports as part of the country's crackdown on pollution and consolidation of heavy industries. A recent report by BMO Capital Markets forecasts that China's scrap imports could halve in 2018 boosting concentrate cargoes to another all-time high this year.

Yep..... the party was in the French Alps.... People have a habit of selling everything when the FTSE100 farts, even if their holding has not been running at 10 yr highs. FTSE 100 was overbought like most indices, but if your individual share has not been overbought or running at an all time high after a big rise, why sell, just feeding the MMs cheap shares. The MMs pull liquidity from the book on bad days and the sells hit thin volume causing shares to move large amounts. If you don't sell the price does not move...simples. People create their own problems. Typically I bought 2nd tranche before holiday in case news dropped and when away markets panic and I miss cheaper shares.....boooo. I'd be breaking the bank to add any more now, but might find some down the back of the sofa for a morning RNS, if its the motherlode. There is a lot in the news re:Lithium..... frankly no one REALLY knows whats going to happen, they are all just opinions....however car manufacturers ARE designing and WILL build electric cars, They are currently designed on LITHIUM tech. Europe NEEDS its OWN battery grade lithium supply, simples..... 10-20Mt spodumene battery grade capable lithium is a very close reality here right now. Portugal is a country in need of employment and exports, this is not Cezh Rep, Mali, it is not deep, it is not hard to produce, there is a very close hungry European car market...... very soon many individuals will find themselves in the wrong Lithium mining company when SAV becomes the darling of European Lithium......... create an orderly queue, for the product and the shares please.

However, Cam Gov is not a debtor of VOG, ENEO is...... and ENEO not an SME. They sure as heck know what they owe ENEO. But if you are going to be paying ENEO you also need to know about all the smaller companies too, thye need to know the total debt they have managed to ignore. If you kill of liquidity to SMEs the whole structure in the country will come down.

To give some cheer..... When the price did not fall below 36p for a week and there were plenty of AT sells, is because the Order Book had people/entities willing to keep offering to buy shares at that 36p and everytime the BID was taken out it was refilled at 36p with more shares 'WANTED'. If you want shares in the order book you have to refill the front of the BID so you can be the person that gets the shares sold to you. If there is someone on the front of the BID at 36p looking 500k shares and you are sat on the BID at 35.75p looking 1000 shares, you ain't going to have someone sell you shares until allllll the 500k shares have been bought from sellers at 36p. So if you really want to buy some on the order book, you have to move to 36.15p for example, then you are first. If you move to 36p you will just be in the queue still behind the 500k because they got there first. IF order book buyers are desperate for shares, they start to compete! You move to 36.15p, then someone leapfrogs you to 36.25p, then you go to 36.30p, etc. Thats when you see a spread close as people on the order book look to get to the front. You have to be careful you don't end up gapping from the others so 2 people at 36.30p and 36.25p then a gap to 35p. This gapping can be seen when a few AT trades go through and then all of a sudden the BID drops quite a bit, as there were no positions on prices between those levels. Then you see the price creep up as people want back in front of the 35p position and your back at 36.15p again....

Thing to rememer that for every buy and sell there is actually a sell and buy.... So when there were 500k AT buys and no movement up in price, there was someone on the ASK order book offering to sell that many at the one price. If there were lots of small offerings then they would all get wiped out and the price would move up filling the offerings. But if it stays in one place, then someone or lots of people wanted to sell to the buyer at that price. The price is where it is because there are buyers and sellers in both the order book and in the market looking to swap at this price range. However prices stay and move dependent on how active the ORDER BOOK is. If they don't offer shares at a price the market will make it move in the direction the market wants to go, if the order book wants to sell shares say at 39p, it does not matter how many people are buying, the order book has more shares to sell and there it stays. Hence why on certain days you might say why did the price not move there were more buyers than sellers.....well the order book had more sellers than the market was buying...... Its a MINEFIELD! Everyone still keeping up?!

The 670k was a 'negotiated trade' the shares would not have been on the order book. If you ring your dealer/bank you could be dealing directly with them and the shares they hold or they are happy to take. That is then reported as an O trade. Also L2 and the trades you see are not ALL the trades that happened today...!! I think there are actualy 3 platforms and often you only see 2 on the L2 and trades are only seen from 2. Here are trades you may not have seen - http://www.nexexchange.com/company-all-latest-trades?isin=GB00BRWR3752&listingtypeid=PLSU They don't show on my moneyAM feed. Very few shares, but sometimes you can get meaty trades here you might not have seen elsewhere. Not all companies can be traded on Nex. There can even be DARK POOLS.....ohhhhhh trades that don't get shown anywhere!

Part 2 - Remember everything I say is only talking about the BID, the ASK is all the same but just other side of the buy/sell You can get icebergs on the BID too which in a thin market 100,000 shares stand out like a sore thumb and can lead to BIDS being pulled/moved etc as people jostle for position so you could sell 100,000 in 5 x 20,000 lots. On the BID will show 20,000 and as soon as that is fullfilled another 20,000 appears at the same price.... This will continue until that iceberg has been filled. Remember this is all only SETS trading, none of this can be seen/done by mortals for MM shares. So to get any of this L2 info you basically have to PAY UP for it..... either just access to the L2 order book as can be done here at LSE or MoneyAM or ADVFN etc. You can also get it via a dealing website. So for example if you trade on IG, you can pay them (dealing sites often way cheaper than data sites because you are trading with them) I think �7.50 but to use it you must have �1000 min in any account. You don't have to use Spreadbet or CFD you could have a share account anyway. Think the cost of L2 is then offset against any trading you do and cost of the trade. Currently only available on the on the old platform and that is a partial L2 (first 4 lines), to get the full L2 like the link I put, you need to download and run the L2 Dealer platform, free if you have paid for L2 and have �1000 in your account. You can also DMA trade on a dealing platform..... now thats like you becoming a MM. You can be apart of the market people buy and sell from. Only SETS. When in L2 dealer you cannot see or get open MM shares to trade, its only for SETS L2/DMA

Just seeing the front of the BID ASK is not useful either, you need to see the L2 book to see depth. In non sets you only see the front of the BID and ASK, nothing more. However... In SETS you see all the 'market buyers (BID) and market sellers (ASK)' the price and the amount they have for sale or are bidding for. Lets just look at the BID - So on BID at 37p there could be one Buyer (bidder for your shares you wish to sell) looking 1000 shares. This is the front of the BID. When someone sells at market they will fill that buyers bid of 1000 shares at 37p But below this 37p could be two buyers on 36.90p looking 20,000 shares, 3 on 36.75p looking 30,000 and then a gap to 36p a buyer looking 100,000. First person to put order in at a price is first in line at that price. Buyers on BID could be SETS market makers, but rarely at the front of the spread. The other buyers could be dealers/banks....even YOU! (if you have paid for DMA/L2 access). A person on the BID looking to buy could actually be a short looking to close their short by buying. When a market price is paid you see AT trade and the matched trade on the book dissappears and that is when you see a price movement if the shares at that price are all taken. The next price with shares being wanted is next. In the case above if the 37p is taken out the BID will now show 36.90p. O trades are negotiated trades often inside the spread between dealers and you, only time outside spread is if its big. But at any time buyers on the BID could 'pull' their order and the price drops to the next price etc. So when market moves people will pull their orders to put them back in further down. Going back to split trades at exact same time. BID looks like this 37p 500 shares 36.90p 5,000 36.90p 15,000 (but you would see 2 36.90p 20,000 perhaps) 36.75p 10,000 If someone in a hurry says sell now at market 30,400 shares you will see on the trades 37p 500 AT 36.90p 5,000 AT 36.90p 15,000 AT 36.75p 9,900 AT You don't see 30,400, you only see 30,400 if there were 100,000 shares at one price bid by one person and the 30,400 is taken in full. Above you will now have left 36.75p 100 shares at the front of the BID and that person's bid still 100 shares short of being filled. So next market trade for 1000 shares, will take that 100 and then move to the next offering at 36.75p, so hence why you will see small amounts sometimes (but often at same time as other AT trades). You could just get a trade for 59 shares say, but its single if it has its own time, when it is beside 3 otrher trades its just a partial fill of a BID order. See an example of an L2 offering here which is IG's L2 dealing platform - http://www.l2dealer.com/content/files/l2_manual_lowres.pdf - go to page 9 of 31. This is Vodafone so the book is way thicker than that for say VOG. It has 11 people at the front of the BID for a total order of 435k shares.

Be watchful of the times on AT trades. If its the same time more often than not it is ONE transaction but it takes out 3, 4, or 5 say positions on the BID/ASK. Even of theose positions are at different price points. The seller in this case choose to sell at market rather than quote, so it took off the BID in order. The seller would probably just see their total and an average for the sale. What we see is the positions on the BID that were taken not the single transaction. So have a look at 10:10:44 quite possibly just one buy but took out several ASK positions. Even on large single AT buy you can for example see 4 lines of buy AT and a sell AT at the end of the same time at same price, which is also part of the buy, but as the last amount was taken the spread changed and the last one taken off the ASK is then seen to fall below the mid point and shows as a sell AT at the same price as the buy ATs before it. Or other example is 10,000 buy order at market price 39p say vs ASK filled with 3 market sellers at 39p of 2,000, 3,000 and 5,000. You would see 3 lines AT buy for, 2, 3 and 5k when that 10k order takes them out.

Looks like plenty of others are getting a slice of the pie first....

What have rich ****s on horses got to do with coal? ;)

https://www.linkedin.com/pulse/breaking-news-india-3rd-largest-car-market-announces-only-sean-zubick/ And how will they power 11million electric vehicles....MORE coal. Which is ironic because that makes your electric vehicle a fossil fuel vehicle?! no?

The link was also a voice from the FUTURE....haha. It was dated Jan 11th Searcher can see into the future?!

Demand for coal and coal power stations in BD is one thing this company finally getting its right to provide that is another. Is that an Elephant in the room? GCM has come through sooooooooo much just to keep hold of this has it not? But given that read (thank you Searcher) and the INEVITABLE for 3rd world power BD will have coal PSs.....tick tock. Lucky they don't need to rely on IMF or WB to finance... the Chinese will finance anything if it will make them money! I like the last line - The change, he says, is because �politicians in Asia and Africa are listening to people on the ground. �The folk who run Davos or the IMF are not very good at that.� (Its all very well telling billions of poor starving unemployed people you can't use fossil fuels because WE have already f*cked the planet making ourselves great...haha) However the 3rd world burning coal will be on a scale MUCH greater than we ever did.

Not sure how this helps your arguement? Use of local water Coal Thermal plant vs Paris convention Displaced locals Is this not everything you are aspiring too? Developing countries really can't stick to the Paris Convention anyway, they need an industrial revolution of their own and deplete their own cheap resources to catch up. Why would they give concession to a power plant bringing coal in from abroad?!?! Apart from hacking up their own land of course...... its on their own doorstep.

Though I am not sure the Chinese are paying for anything here, they are just sitting waiting to finance it and perhaps doing some of the political and back slapping work. GCM now that it has the chinese attention, needs to pay for (in shares) the proof of concept and all the mining studies/assesments/applications to get the Chinese to open their checkbook. Having the Chinese might make their application more believeable and successful however. A mine with no backing is just some ground afterall. How much will the Chinese checkbook cost shareholder's? They have a large patch of ground with coal....... its not much further than that to be honest and its a one horse race, it will either cross the line or fall, they have no other horses in any other races (or should I say its a one trick pony). So perhaps only invest what you can afford or not need for a long time (funny sure I've read that somewhere before!) if it doesn't happen then you don't see your money again. Thats SHOW BUSINESS! well not exactly...

Nearly everyone should be up in this share even at 20p. It been below 20p (above on one spike) between Jun2013 and Nov2016, only recent activity post JV partner (is this not a value add?) I am sure everyone with those shares is happy in the blue, some significantly already if they bought in the year before the JV announcement.... Soooooo how is it Stu you have such grievance with this share, did YOU buy on a spike? Are you tied in? If you bought on the spike between 2013 and 2016 you had a chance to get out at the start of 2017 on the JV news, if you bought on the JV news spike you have had 3 chances to get out since then, so I still can't see your anger and hate reason? Did you buy at 40p in 2013 and sell at 3p end of 2016 and now vent your anger at anyone else whom most may well be in profit if they did not sell at its low. I understand if you bought before 2011 there are some big figures needed to get back to those prices. Just interested in your motives. This may never come to something, but if it does anyone owning shares in last 6 years will be happy, how far it goes will push that back further, maybe never far enough for early investors, but that is no excuse to shout at, abuse and terrorise current holders whom maywell do well and certainly not in the red now, they have done nothing wrong.

The price only went up because I started to look at it again..... EVERYTIME, I have looked at this share but was awaiting for some funds it goes UP! Though I am not sure you want to tie money up you will need anytime soon, getting the golden ticket here may take a while....but if it gets to pass go, you can forget about collecting your �200 it will be more than that. However, with all things there is the possibility it gets shunned by Government, its worth nowt without the go ahead. I believe thats risk....

Ahhhh thats what confused me... 'say 100 million. 56p per share, with out Etinde' I thought you were disregarding Etinde

The Maths confuses me.... how does 100million equal 56p a share? That does not commute in � never mind $