Member Info for bonker99

And apparently they want more ;)

Well the MMs just paid 2.10p for the better part of a million shares mate so clearly they think it's worth their (or someone else's?) while - perhaps they've got mates in Perth ;) (You just know they do)

WHOA!

Aye up PB :) Spikes will come on the right kind of news mate and we all know it - some of that news may mean those spikes stick of course and we'll be laughing with our long-held tuppence averages - talk about a coiled spring at tuppence now, two years of coiling built in already! I'm a Brummy, I'm not from the Black Countray ;)

Copper flying again - hardly a surprise given those LME numbers yesterday :)

I happened to be up last last night and witnessed some of the volume that's been kicking off over there for a little while - millions of shares being wiped off the bid almost instantly then an hour or two later it ends up 7% lol Work that one out but it's hard not to think that's the end of the sausage making ahead of what we know is a news heavy period beginning any time now and over the next six months or so leading up to the DFS. Perhaps they're about to drop those 34 outstanding assay results along with the start of the wider T3 Dome drill campaign on Sunday night? And/or something else ;)

IWWBOOTOTW :) About time :)

catching this news now - that's a proper kick in the nuts :/

Copper going again and this is why: https://af.reuters.com/article/africaTech/idAFL3N1SH25W Just take a step back and look at those numbers - LME registered copper warehouse stocks dropped by more than 25% in just six weeks! The hoarding has begun?

Another nice bounce off the rising weekly MA50 @ $3 for Copper today.

11 miles/40 minutes drive/25 minutes train - I've always found driving anywhere north of Brum a mare but maybe because I don't know the roads that well as I'm from the South West of Brum.

@ BM - feel free to travel up here mate and I'll be happy to show you the "sights" ;)

bit of pressure at 13p - that could be it - could get 30s from there - who knows. Watch SCLP.

I don't have one on me but she's interesting at 12s imo.

She's in a real tight trap now mate so bursts of baton swapping selling/buying are to be expected - today's more or less even trading being indicative of that I'd suggest along with what appears to be the timely reappearance of delayed trades which we've not seen for a very long time here - not since the last decent rise to 3s in fact IIRC. There's a fair old whack of news to arrive in the coming period including what, if anything, may prove to be linked to MOD's imminent issue consolidation. I gather our boys are working really hard behind the scenes these last couple of months too so let's see what turns up to make her break this tight range ...

I think the fact they'll let you sell your shares to "them" but not buy (any more) says it all tbh mate - just as small-cap resource play M&A is all around us .........

It really is a nonsense and quite clearly aimed at "proper" funds where charges are applied to join/hold and restrictions may apply on taking your money out etc, not vanilla exchange listed, liquid, multi-asset investment vehicles like MTR. Look at this standard question on the form: "HOW LONG SHOULD I HOLD IT AND CAN I TAKE MONEY OUT EARLY?" How on earth is anyone supposed to answer that ffs?!

Well maybe that's the reason behind it mate :) It may well be out of MTR's hands - they're just a listed company, they don't get to say what happens/when on the "exchange".

It's a ballache alright for those whose money is with brokers who won't let you buy MTR (though some will let you sell - go figure!) but as I said a month or so ago, if you like this then you should go around the problem (get another broker - III & HL both trade in MTR no probs amongst others) rather than waiting for someone else to resolve it as it's clearly in someone else's interests to stimy the buying at tuppence ...

I ran out of space as it was re upcoming/possible pivotal newsflow here :) You can't own > 20% of MOD without shareholder approval lest you have to offer for the lot as far as I understand ASX rules. Re a "corporate action" - well that's at the root of our thesis here on moving potential/unrealised value/arbitrage opportunity into actual undeniable value on the balance sheet re MOD being unable/unlikely to gain the funding they need to go to production whilst we own more than 10% and other major shareholders will of course want that situation resolved which puts us in a very nice position as very early takers of 30% of the JV here back in the day. The consolidation may prove relevant with repect to possible deals on the table as, perhaps, will the size of the funding going into MOD at 4.7c recently. We'll only be able to put the jigsaw together once those deals are seen to come to fruition of course but seeing how it may prove wildly beneficial to MTR ahead of it actually happening is the name of the game of course ...