Member Info for bonker99

they're a "market maker" (fixer) mate and in the case of AIM, CFEP run the show and are invariably pummelling SPs down by unloading unlimited amounts of shares on the ask - if they jump over to the bid instead then it's often a sign of a turnaround as many L2 lovers will attest to.

Cantour Fitzgerald - AIM's Daddy.

Perhaps CFEP parking themselves on the bid is giving some pause for thought mate ;)

Fell asleep early then woke up early and yes, I grabbed another few hours after that post :)

A major MTR investor at 3p last Spring, talks about precious/base metals and how to buy value to then sell to the "momentum" players/herd at a significant profit when they eventually arrive but you have to be able to hold onto your shares for more than a long weekend ;) https://t.co/5rUdHQdVoL https://t.co/bVtRkkKRHk

CFEP on the bid - there's something you don't see every day.

lol

BTW, I'm now averaging up ...

Well I'm happy to keep drinking at this well as long as they're offering - 4x buys from me today.

Yup, you've got bot "selling" against PI buying to keep the SP pinned - that's confirmed by my trades this morning. It's on imo.

In the latest blog update we outlined a 20% equity/JV swap leaving us with 10% of the JV which makes the whole enterprise much easier to sell on which would please all the other MOD shareholders without doubt and could net us an even bigger return, possibly as much as *another* +�10m to us as 162 details in the update. One thing seems very likely - the longer someone leaves it to buy our JV stake, the more expensive it's going to be for them - we seem to like this 5.86% number and have maintained ourselves at that same number so perhaps the numbers on a deal are already known and it's just a matter of signing it off? Who knows but time will tell ...

with another c8m to add on top. So that's another �600k ploughed in? Still keen then. Tick, tock :)

Morning - interesting :)

Morning - yup, you never know with warrants but perhaps that's indicative of where they think this may go on the copper story and/or a JV/equity swap.

From 2016 but the DRC and SA will obviously have shed some points since then: https://imgur.com/a/VCbjT

I can't argue with your view on the chart - it's one of those formations where all the upside options are on the radar and that makes sense given what's at play here on the fundamentals side while we await the next load of near-term news. I can't see it breaking 2p now to the downside (very short-term shakes aside) and if they try it it'll likely get clattered back up based on the chart alone, never mind any potential upside. I'd need a bloody good reason to not buy around here/now based on the chart alone, even if I was oblivious to the fundamentals side of the story, given the slowly ascending but very long-term support line at c2p now. We've all seen the power in that line in the past on multiple occasions (6x bagger the first time around!) and I'd be surprised to not see that same power move the SP significantly in the coming period, particularly as this is so well priced against the cash/liquid assets as we understand them. Quite where it will go to in a first move to the upside is anyone's guess. Presumably, the initial height and/or speed will be driven by the nature of the news. Clearly, beating c2.5p is a huge pivot here but once that's beaten then pick a number from 3p through to 7s imo with my own "weighted likelihood/fast straight line move" target being 5s based on techs. What I can't speak to is how long it takes to blow away 2.5p but on the assumption that we're now very likely indeed to see a higher lows vs a flat-top formation at 2.5p then that could be blown away next week or, maybe, run for another few months (absolute MAX). The manipulation, however, to keep it going sideways/up for that length of time below 2.5p would have to be immense I think and while it's doing that you're just one news bomb away from being locked out and having to buy at who-knows-what price because on the right news here they simply won't let you get in at 2.anything imo based on my hard-won prior experience. I think it highly likely that we'll see that production expansion case become the base case this year and if Copper should happen to fly to upper $3s (if they're striking in Chile then it could be days/weeks away - no sh**) then that gives us a whopping slice of a c$3/4b NPV asset with likely lots more upside to come in the months ahead so everyone needs to make a brew and just ponder that imo while we're all having our patience tested here. Let me just add to the "lock out" angle here: All of the above is predicated on the "normal" good news you see in a share - nice assays etc BUT as we've tried to outline in our blog these past six months+, there's a possible deal in the offing here (JV/equity swap) that could see this open multiple pennies higher at 08:00 one day and that will then be the new bottom - we've updated the blog this morning with another take on that deal that could add *another* �10m of value to MTR over and above the +�10s millions we'd already identified.

What did I just say this week re the biggest copper mines all being concentrated in Chile eh? Maybe yesterday's copper spike was about the strike rather than the US data release but regardless, the fact is that if you take out the biggest Copper mines via a country-wide strike by Chile's copper workers then that's literally half of the world's primary copper supply shut down. Mining friendly Botswana has never looked better ;)

!!!

Not all small caps are made out of the same stuff mate - those noisy "posters" will never appear here (on the same IDs at least) for a very good reason: when it goes up it'll stay up ... Fast up = fast down, virtually without exception. Ground-out/rounded bottoms over months = steady rises (with spikes from time to time) driven by real money (i.e. not Beaufort/Darwin/Primary Bid et al) that keep on going over time.

Presumably that's the opportunity :) Have a good one :)