Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Cracking RNS! $300k profit per month, bigger diamonds worth 3x per carat and more of them, opportunity for another section of beach and a 25yr mine life if that happens. It’s all coming together! Keep the faith LTHs
Only offering 50k @ 0.904 and have been bidding strong for stock all afternoon - we know that Geo news is on the way and looking at how the book has changed over the past few hours, I think that it could be a tasty update.
tucson, tbh I don't claim to be very smart or clever, also my point was made without any name calling or abuse, just a hint of suspicion ;-0 I do follow the market and try to identify trades correctly (if appropriate) when they have been misreported by the algo. Personally I have been invested here for a number of years and am disappointed that with the recent sell, we find ourselves back down at this level, although added some more so not all bad. There is obviously an overhang that needs to be cleared before we move up on news or without, tbh I feel that we have had enough news this month to warrant a higher SP anyway. Fingers crossed we continue to get positive news as the LTHs certainly deserve it.
Absolute bull**** steven49 - I called it yesterday that the MMs were playing games and this morning the Bid ticked up from 1.20p to 1.25p on only 1 small buy @ 1.25p - then it is called again this morning that there will be large delayed buys and then bingo, they appear - timestamp 8:05 & 08:18 - 100% they are buys ! ! ! I am surprised that somebody who has 8,891 posts does not understand about delayed trades................. Unless you aim to mislead of course ;-0
cunningfox, the purchases to which you refer were already made earlier this month as per the RNS released to confirm. This purchase of £55k is in addition to the committed 10% of salary per month!!!!!!
There we go, 2 very large delayed buys 900k & 640k @ 1.25p as called earlier :-) If we get some further decent volume, we will clear the overhang and move back up to a more realistic SP given the recent newsflow and company changing activities underway and being delivered very soon.
Agreed on that, in the modern day and age, it is ridiculous that the direction of a trade is determined by an algo based upon the midpoint. Personally, I regularly check the live prices so that I can normally understand what the true direction is, however anybody just reviewing the trade history doesn't have this luxury and can draw the wrong conclusions which the MMs are happy with, just another area of manipulation for the MMs.
The MMs obviously have some stock to shift after the recent Warrant conversion and 20m sell @ 1.10p - however for the past week, they have tried their hardest to print most of the trades as sells when the vast majority have been buys. Just now for example, they dropped the Ask to 1.25p finally having offered that as the buy price for some time, they allow a few buys, then move the Bid up to 1.25p with 250k on it, however still allow you to buy @ 1.25p, which 2 people did, then they use those buys to drop the bid again back to 1.20p - If I had lots of items to sell - I would be trying my hardest to encourage buys, not the opposite. It feels to me that they want to hold onto some, maybe expecting a rerate in the near future ;-)
I can't help thinking that the 2 x 1m buys were from someone in the know and that positive news will be received very shortly. Whether that is cashflow positive at BP or equipment arriving or decent production figures I am not fussed and it would be nice to have a series of positive announcements to get this back over 10p, then the herd will probably arrive and drive it upwards.
Agreed Casper and the MMs have had fun manipulating the stated spread and Live Bid / Ask so that the majority of buys were below the midpoint and therefore printed as sells. With news on Thar expected next week, also Gold Assays not far away, I feel that this has put in the bottom and we will reverse from here.
The two @ 6.70p were definitely buys - the one @ 6.65p was subsequently cancelled. The Bid is loaded > 6.60p now so this is primed for a move up, come on AP let's have some positive news ! ! ! !
It really feels like this is warming up for a significant move North - news expected on several fronts and everyday producing revenue to support operational plans. Happy days
£134k is quite a punt on a business - MMs working hard to disguise the demand by printing 1 as a sell. There was also another 1m buy @ 6.65p - however this was cancelled.
https://profit.****stantoday.com.pk/2021/09/13/china-****stan-to-hold-jcc-meeting-on-sept-23/
Sources said that all pending development projects are expected to be approved under the China ****stan Economic Corridor (CPEC) umbrella - This is huge news ! ! ! !
The MMs now only have a 5k batch & a 10k batch available @ 1.50p - NT for anything above this - looks primed for a decent move North now
Currently NT to buy @ 1.45p after the 500k & 750k buys first thing this morning
Only 50k available @ 8.45p - however it makes a nice change from the last couple of days when they have prevented all buying completely ! ! !
A very nice 500k buy followed by a 750k buy and now NT to buy anything above 10k shares - Very interesting
Finally they tick up the Ask and then go NT at the higher price 8.50p - asking 8.75p for 25k - something is afoot for sure...................
10k available @ 9.20p anything larger is 9.40p