Member Info for AIMtodeath

Crikey when he stops this will explode, few sells other than him.

Someone shat on the book today...... they didn't want that move up it seems....ha

I certianly think the money is there in the EU financing side (chinese wouldn't care for by-products) as it supports the local Spanish and Portugese ceramic industries and environment wise there is less waste material on site. Given the cash costs it would seem a no brainer.

Still rotating out a seller/s they sold over 1.5m this morning above 4.9p...... but importantly they are out!

We already have this morning. The 500k and the most of the 4.9s big trades was a seller. Not the beefed up chest bid it was at 9am..... MMs will wait to see if buyers eat up that liquidity now available before they look to bid big again

Ramping is for twitter...... it is like shouting at the converted in here.....

Kubanga or traders can't resist that stock it seems.....Give the MMs something to sell to buyers now below 5p. Healthy to rotate stock.

L 2 is often a smoke screen too. You can have 5 MMs sat at an L 2 price yet only one MM doing business and no the other side 1 MM on the L 2 but 5 doign business on a quote.

I can access RSP pricing which the only difference to you doing a dummy sell is I see more depth as in how many MMs are bidding on your quote. Obviously the best price is the one you will go for and they one you will be given. But good to see depth behind that price too. Also you might want say 200k shares and get a pants price but you asked for 100k and then 100k you might get them both at a better price than the 200k at once, because MMs were only offering 100k max on the quote for a good price. Any lumps higher will be further away.
That is why you see delayed trades often well outside the spread at the time. You can't have 500k shares inside spread (normally) unless MMs are have/want plenty of stock. So if you want it all at once you pay a penalty.
I can tell you now there are 5 MMs looking to buy shares above 4.9p and none quoting less than 5p to sell them to you.

4.625p an hour ago now they want to buy off you at over 4.9p..... They really have no stock

As to the spodumene price it’s already up from lows of $350 per tonne to something like $500 per tonne spot (if you can get stock). Long term contracts are being written at higher prices though as a result of floor price mechanisms. And plenty of interest for our material from Euro sources. $685 remains a conservative assumption.

This is GOOD news too and will be from advisors like Benchmark/Roskill is good to see that DFS will still be over $650

I have no doubt now that the DFS will add more to the NPV of the project.

From the CEO's mouth - yes, the scoping study was based on an export model to China so local sales in Europe and especially in Portugal will strip out at lot of the transport/storage costs etc and so improve the overall returns.
So on average 50% of the production is allready min $40 cheaper to produce! that is big news for an already low C1 cash cost. Note when cmparing C1 costs you look for whether it is CIF China (delivered to the buyer) or FOB 'a port' (only the cost to your closest port)

Market might want to see the LME stocks be affected first before believing the affect.

What about the high manganese batteries making up bulk of cars? Same as Tesla. Goes against the 811 theory, only used in high end in future.

....I could cut myself :-)) Should we be worried?

Fulmar is a little wound up.....ha. Sarcasm and jokes are not appreciated.... ;)

People will be looking in crystal balls Longfell. No one knows....

Lets see if the seller wishes to dance?

Dip buyer waiting for the pull back and pounced when it appeared to slow. Good to see weakness taken advantage of by someone with deep pockets

Whenever people want.....