Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
'It has clearly been a complicated minefield of a bid to make and the fact that both the above have signed irrevocable agreements is quite rare as the numbers involved are no gimme. I just about like the cash and dividend and of course believe in Lancaster so that the future just about tips me into acceptance had I been a shareholder. It’s not the dream end that Robert Trice or even I would have wanted but somewhat ironic that the Lancaster field lives on to payout the shareholders.'
I am somewhat taken aback by his views... should I be??
.... and now a 100,000 buy at 27.57. 35 trades so far - recent daily average is less than 10. Intriguing....
.... and all with the same trade ID.
.... and again today. Anyone have any sensible idea as to why?
I've posted a couple of things from Malcy recently - but make no apology for that!!) - although he is stating the obvious it is worth empahsising:
"Hurricane shares are up 20% as I write, what the did the market not see or understand about all the noise that has been made in recent weeks about the debt being paid off? There is absolutely nothing in this update that investors on Mars would not know about and that happened at the time of the ludicrous court case when equity holders were within a judges pen stroke of total wipeout.
Hurricane is in a very good place, with around $80m of cash and a fantastic asset as a cornerstone the world is indeed its lobster…"
I look forward to eating that lobster washed down with a lovely bottle of Chabis... hopefully we shall not have to wait too long.
Malcy's view:
"There is little that I can add to my usual monthly comments about Hurricane, the abundant free cash flow will pay off the convertible this week, the judge from the trial will be congratulating himself on his perspicacity as will the shareholders. But at the current level of 7.5p the shares are a snip and the upside from here is potentially huge."
At 1229 today there was a 'buy' of 150k shares at 27p. Not a huge number I realise, but in the light of trades over recent days it stands out. I know no more than that.
Good to see that we have joined yet another operator in Spain... hopefully onwards and upwards (crikey, how many times have I thought that over the years!!!)
... always good when directors buy....
Gaming Realms announces that it was notified by Michael Buckley, Executive Chairman, that he purchased 100,000 ordinary shares of 10p each in the Company ("Ordinary Shares") at a price of 27p each. Following this purchase, Michael Buckley has a beneficial interest in 26,700,000 Ordinary Shares representing 9.14% of the Company's issued share capital.
The Company has also been notified by Mark Blandford, Non-Executive Director, that he purchased 416,777 Ordinary Shares at an average price of 25.81p each. Following this purchase, Mark Blandford has a beneficial interest in 10,829,418 Ordinary Shares representing 3.71% of the Company's issued share capital
... hopefully we shall move upwards to where we belong soon.
ICBC Standard Bank Plc ("ICBCS") has indicated its intention to sell up to 30,706,233 ordinary shares (the "Placing Shares") in Atalaya Mining Plc ("Atalaya" or the "Company") to institutional investors (the "Placing"). The Placing Shares represent the entire holding of Yanggu Xiangguang Copper Co. Ltd (via its subsidiary, Hong Kong Xiangguang International Holdings Ltd) in Atalaya and represent approximately 22.0% per cent. of the existing issued share capital.
The Placing will be conducted by means of an accelerated bookbuild secondary placing to institutional investors which will begin with immediate effect. The final price at which the Placing Shares are to be sold will be agreed by Canaccord Genuity Limited ("Canaccord Genuity") and ICBCS at the close of the bookbuild process. The results of the Placing will be announced as soon as practicable thereafter. The timing of the closing of the bookbuild will be at the absolute discretion of Canaccord Genuity. The Placing is not being underwritten.
https://www.investegate.co.uk/canaccord-genuityltd/atym/proposed-placing-in-atalaya-mining-plc/202203311648198358G/?fe=1&utm_source=FE%20Investegate%20Alerts&utm_medium=Email&utm_content=Announcement%20Alert%20Mail&utm_campaign=Canaccord+GenuityLtd%20Alert
Have added my voice to the request for an investigation.
As fandg says, there are no names other than Rizwan Hussain. I have no idea who he might be and have asked HUR for clarification. Should I receive a reply, I shall post (unless some else beats me to it!)
Alocasia, understood thank you .... where are you taking your data from?
Unless I have got things all wrong (which is more than likely) the US quote for Gaming Realms (PSDMF) closed last night at $0.595. Using todays exchange rate of $1.412 to £1, that equates with a mid-price of 42p. As I said, I may have got things wrong and there may be other factors involved …. but?
Intriguing morning with level 2 showing only one trade thus far (50 shares @ 39.8) after 90 minutes of trading. Once again a wide spread shown of 38.3 - 39.9. True trading prices are 38.63 - 39.79. Merely an observation :)
'I have followed and supported Aminex for a very long time, indeed as some people said for a good deal longer than I should have. In December, when compiling the new Bucket List I decided that enough was enough and that given there would be no drilling until at least 2022 the best way to play Ruvuma would be via Scirocco.
My concerns about Aminex losing 2 non-execs at very short notice last year were not addressed and information flow from the company dried up. Today’s news that the excellent Robert Ambrose has been unceremonially been moved on has added to that concern. When I took them off the list in December the shares were around 0.97p, today they are almost exactly half that level but now there are fewer people on the board to represent investors and the call to drop Aminex looks the right one.'
https://www.malcysblog.com/2021/01/oil-price-zephyr-aminex-and-finally/
Sorry to post this here but is anyone having issues with ii Level 2 Quotestream. I have tried contacting ii but with no success so was just wondering...? It's been down for 2 days now.
Again sorry for posting here (although I am a HUR holder living in hope maybe rather than expectation).
After a good four years in this share I have bitten the bullet and sold the lot (at a thumping loss sadly...).
Good fortune to all who remain - have enjoyed (most) of the posts.
All this recent chat about 'technical analysis' reminds me of a course I attended in the late 1990's run by one David Jones. For those remotely interested in the charts then pop across to YouTube where he hosts a series on the subject.
My thanks to Swazers for re-awakening an interest in charting theory and providing a much needed focus here rather than the recent posting of drivel.
A good report indeed - telling us long-term holders what we already thought we knew. Just a word of warning though, the report was "commissioned by Hurricane Energy and prepared and issued by Edison, in consideration of a fee payable by Hurricane Energy".