Member Info for AIMtodeath

Once the lithium and tantalum kick in the grade of tin becomes less important than the overall resource. The larger output in future will dilute opex, but equally shoveling large amounts if Li to market, you'd have to process the volumes anyway to fulfill li shortfalls so it all ties in.

Might result in a few leaving from a low 5s trade, but real short term target is 7.4p just before news to propel higher

A PAIN not a PASSION!!!

Usually it is 250k or 500k etc, but they delay even 150k here which makes it hard to see any transactions of meaning. All those NT moments were preceded by decent buys, then they show up like sells later however time stamped for earlier.

Why do people sell when it is NT to buy!!!??? It is a clue that price is going to go up, but they just feed the market.. . Jeez. Short if shares, oh have mine.. .

Well low cost spodumene miners can ouput Li on a C2 cash cost basis for less than $300 for an entire plant so suspect half that would be easy to do with much plant infrastructure in place already working anyway.
This whole thing about low % is a red herring as you are not having to produce twice the material to get X material out, the point is you are already shifting largve quantities of ore through the plant just for the tin anyway so the Li will come naturally from that....hence by product of the tin production. You don't need awesome recoveries, the ore throughput will add up. Just a question of the plant changes needed to get it out is what they are researching now.

Yesterday 22nd Aug update has 'removed' the ML application again, so as far as Greendave was concerned if he looked yesterday it had not come back

Bluray, always a depressive ray of sunshine.. .

They could get a shifty on!

Actually an UT is between DMA 'auction sellers' of which one of those auctions is at the end of the day. Some idiot tried to DMA a SINGLE share today at 5.4p. They placed a 'buy' order for 1 share at 5.4p. If there was a sell order at 5.4p or below they would have been matched. But why an idiot, well they are trying to manipulate the end of day price, make it look like a higher finish, but equally what happens liek today due to the 5.3p UT yesterday, is the sharee price opens up DOWN as pricing reverts back to mid spread.

As for the 950k, well if you look at many shares between 5mins and 10 mins past 5pm there is a 'share swap' between MMs type thing, someone once said it was balancing spreadbets....who knows, but it is not a 'market retail trade'. Usually it is at mid price.

MMs eased off on the sells and now back in the hunt for shares.

5.3p the place to break, see if the dip traders are done and moved on.

What rubbish! These guys want to offload this project via IPO to new company to pay a debt and concentrate on their gold elsewhere. I suspect PM wants them to move forward the project themselves. It is fully permitted, it is the denial of IPO not licence I suspect is the problem here.

Holding out for gains in another company is out of your control. BMN has their own story and having money to inject into that now and deliver your own story is more important.

Either people buying the dip to sell into a small rise with no intent to invest in the story, but in this case maybe more towards a negotiated buyer of the BMN stick off book for a good price, say 5p who is perhaps now selling to market at a premium. I still think a fair amount of twitterati wheeler and dealers took stock at 5.15-5.3 and they are moving on already as not moving fast enough for them.
News will blow price right open however.

Because like the only thing she has to do since becoming President was signing off mining licences.....

Any buyer would have to have been over 3%, 2 or 3 big buyers plus lots of PIs means no one got over 3%

Not getting built until April is ALREADY a known..... But plenty of value adding news and progress to come between now and then. Even after offtakes and finance, you have additional team expansion for build and item ordering etc. April is hardly seen as a delay....Jeez....

MMs gobbling up these shares now despite the retail sellers from 3pm. Really packing the BID. Big clue as to the overhang gone.

I suspect it will be known in the SP or RNS'd before the website gets updated.

Still was some churn required for the tail end of that BMN offload. MMs way more aggressive on the BID now, happy to take shares and less keen to sell them. SCAP backed right off on ASK.