Member Info for borrowfundsfrommummy

First wave of sellers now....where will this end up today ????

The contract is great news and timescale given as December so hardly any time at all...definitely one to keep hold of especially if further news drops

Under the terms of the Contract, MPL will start receiving cargo on the Commercial Operations Date of the Facility, which is expected to occur during December 2017. MPL has signed the Contract with an Indian-based company for a five-year term, extendable by an additional two years. In the first year, MPL has contracted to handle two million tonnes of cargo (with a guaranteed minimum of 750,000 tonnes). In year two, this will increase to two and a half million tonnes (with a guaranteed minimum of one million tonnes), and to three million tonnes in year three (with a guaranteed minimum of two million tonnes). Under the terms of the contract, and at today's exchange rate, MPL expects to generate revenue of approximately GBP 4.7million for every one million tonnes handled, with a built-in escalation of 7 per cent per annum.

Good RNS here...price gone straight into NT...taken a few as looking good for an upward turn with that news

Bigger buys than sells it seems would be surprised to see it bounce soon...

Sell on news brigade out early....however initial samples show evidence of lithium and results to come in 3 to 4 weeks...not exactly a long time to wait

Important bit ... Early sampling work by Arian evidenced the presence lithium concentrations at grades reaching almost 160ppm (parts per million).

And the fabled 1 trade code strikes again

Ah apologies...maybe they are profit taking then...

Placements were at 0.55 ....not much profit if it is them selling and we are not far up from bottom SP...oh well there loss

Bid gone to NT....who would want to sell on momentum run ??? Expect to see some more chunky trades coming in around 0.60 p...

Detect a boom in the room....0.62p on ask...moving quickly now...is news incoming with this volume suddenly

Leaving my punt in with a limit set..spread is big though still but free-float is tiny

Paid 0.6p for final lot for me....looks like we are on for a boom with the movement now....news cannot be far away and still the 1 code from yesterday which may come to light as an RNS...glad and awaiting results

Around 15% of shares in free-float..no wonder trades send this up or down so quickly

Few in for a punt only...gla

And another chunky delayed trade appears...someone taking a position here with these trades ..

Bid and ask increased...looking like momentum run coming in

Hnr had a 1 trade sell yesterday and today came an RNS..we have not had one pop in yet although the day is not over...come on BOD drop some update news

Listened to Podcast....drilling expected to take 4-6 weeks..well 4 weeks is Thursday so not long left....tick tock and no wonder positions being taken now