Member Info for cminhinnett

A fantastic summary Fortitude and one that I completely agree with. I have been a holder for a couple of years and genuinely feel that these next few weeks / months will be transformational for the business and will start to see many years of hard work by LJ finally start to pay-off. Hence why I have doubled my holding yesterday and today as I struggle to see why the SP isn't going to rerate above 2.68p in the very near future.

Looks like the slight retrace has completed to drop off the 10%ers and now we can do the proper rerate. Circa £9m investment @ 2.68p which is described as transformational by the business as it will unlock the potential in the mine by allowing the water supply issue to be resolved - Massive rerate will take place over the coming weeks / months

MMs have been NT for most of the last 3 hours - were NT to buy @ 1.90p, moved the Ask up to 1.95p but still NT to buy - this should easily break 2p on this move

Chunky delayed buys being printed now - obviously showing as sells as the spread has moved - this follows the pattern of the last few days, looks like people are loading up in anticipation of news

MMs are massively short of stock and have been NT to buy for a portion if this morning - pleased to see that Align have bought an additional 2.5m shares this morning - as they say Free Money - Can buy @ 1.9p and investor is paying 2.68p - WOW

Must admit to be very disappointed by the fundraise, the recent one for the cancelled Gold transaction was 0.80p and that felt low, this one @ 0.60p along with the warrants at 1p will pin the SP for some time. I still believe in the Long Term future of the company, however everything feels far off, not sure why they raised for O&G works in 2022 / 3, surely they could have waited and raised at a higher level than 0.60p. Feels like money for City Boys whilst us PIs get had over. Unfortunately I can see this slowly dropping back towards the 0.60p level, most SPs do touch or dip under the placing price - gutted and back into the bottom drawer...................................

MMs are maintaining the block - despite someone buying circa 250k shares @ 2.098p ! ! ! !

The last buy of 280kish has cleaned out the Ask and the MMs now have a 1,000 share block on @ 2.0p - only way to buy is with a Fill or Kill order...........

RSP stands for Retail Service Provider - basically it enables you to see exactly what trade size and price each MM on the Bid and Ask has.

A nice 500k delayed buy just printed :-) That was the reason the 1.90p on the Ask disappeared all of a sudden. Some decent buys today, someone is loading up.

CF - That is not from L2 it is from RSP which is usually very reliable ;-)

Ask has been reloaded - should chew through that quite quickly - volume looks strong today

Only 50k available @ 2.0p - then we tick-up again

WINS & SCAP have a 1k block on the Ask currently - I would clear it out but it is below my minimum trade value with IG.......................Come on MMs make a market ! ! !

Correct DNP - there are 100k @ 11.40p, 10k @ 11.6955p & then 25k @ 12.75p - This is going to move very quickly when the MMs allow people to buy.

There are 10k shares available @ 11.24p - then it is 11.40p

A nice tick-up this morning on relatively low volume - news expected on a number of fronts and MMs have done their usual and gone NT - only a FOK order will buy @ 0.75p now. This is long overdue a rerate back above 1p for starters.

NT to buy @ 32p now asking 33p...........................

And also a 50k buy order - a total of £115k of orders

309,732 share buy order just dropped onto L2 @ 32.0p - That is a serious amount of cash