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I don’t think it is being surprised as I believe the price of 0.35p is already set for the end g May and June tranches?

I am seeing it in my other AIM holdings that no one is buying, so the few low volume sells that go through hit the price. But as per my earlier post MM want full ask atm for relatively small buys before it goes NT.

Despite the drop only offering me 750k shares before it goes to NT which is a good sign. Hopefully a better week next week.

10% below our new significant investors price, certainly does not feel like the market is expecting much from MT Weld, especially with Riversgold coming off also. Hopefully it is a tight ship and there is still a chance of positive news. The down side pressure has been tiny selling being met with no demand, we know how quickly things can reverse and Mast is a good example of that yesterday.

Mt Weld has been de risked with the partial sale, we are sitting at the recent placing level and below other placings, good news from Mt Weld will hopefully deliver a powerful rerate, indifferent news and it should be fairly neutral after the initial reaction. Either way the magnetic anomaly is something so may still have value even if it is not REMs.

People have test sold up to 1m share that the MM would take in one go, not sure I have ever know HVO to have such depth. All we need is a bit of PI buying pressure on top rather than gifting them to the buyer and we could start moving up.

Nice to se a bit of buying in CRCL today. Riversgold has come off a bit but if I read their forums correctly they were not so keen on a recent gold acquisition that has a reputation to be a money pit, so hopefully not reflecting how it is going at Mt Weld. In many ways I am glad we are not getting ramped up for there to then be weak news on REMs. The key for us is we have brought cash in and improved our financing with the play, while still maintaining the same final proportion if good news does come.

Has anyone managed to get a copy of it yet, it really feels like this is being set up for a big few weeks and encouraging to see some notes being produced. Align has been quiet recently so will be good to hear their take on the current transformations also.

Ed, it is a 7 hole program to start with and they will go beyond 2000m if carbonatites are detected.

Just checked and Australia will not be having a bank holiday on Monday, so the drill bit will still be spinning on Monday. Imagine if indication pop up that are promising and Riversgold has a good day on Monday when we are closed….

It has been a long and painful journey for CRCL but it does feel that things are starting to come together.

Agree Edgein, this feels very basement levels of what could be possible on a number of fronts.

AQSE is not a good guide, you can still buy sub 0.37p

Nice and steady but amazing people can still buy in 10% cheaper than all the 0.4p places. Anyway, a good day and progress by the company.

Thanks guys, I did think I had heard they can get a feel for things earlier.

Nice not to be gapping up, let’s hope this is a steady build as the markets gets to grips with what has become quite an exciting but complex offering.

We could even get news early next week on initial signs from the early holes. My understand is they can get a feel for it prior to being sent off to the labs, it’s that right?

Although it has been NT from my broker atm, ADVFN has our mid price up at 3.4p, still nearly 20% below the 0.4p that the Mt Weld deal was done at, crazy markets atm.

TLM, agreed a great deal, which significantly derisks CRCL with the extra cash.

Initially when I read it, bleary eyed this morning, I thought we had sold out of Mt Weld and that explained why the share price was not doing anything when Riversgold has motored, so was relieved to read on further!

At the end of the day we end up with the same 30% we were going to but get some cash now in what is a tough financing environment. I also have a suspicion the second round of drilling will not be done as the lease, if produces good results now, will be sold.

The Mt Weld project cost us £200k in shares at 0.4p, and we have just sold 20% of the project for more than twice that. Excellent work by the team, let’s hope they can deliver on the other opportunities equally well. Maybe we should initiate a share buy back at 0.33p and make the deal even sweeter :-). .

Same here Mike, this is far from risk free and I have had my fair share of disasters over the years but having sold out last summer at a loss, I am now back with eyes wide open. Current MCAP gives plenty of scope for exciting growth given the multiple irons in the fire.

I suspect currently everyone that knows about CRCL is probably well loaded up, just waiting for some news that will spark new interest. Feels a bit like a shell company to me atm.

Mcfcnige, yes it is odd but I am not unhappy about it. We have a low base atm and the market has had plenty of promises, it will catch up if something finally gets delivered that adds true value. IF Mt Weld delivers indications of REMs in a lease within a few Kms of one one of the worlds largest REM mines it will be an interesting day watching the market playing catch up. If there are no indications of REMS, the anomaly seen in the geophys could still be a deposit of value, time will tell.

I talked myself into the 500k at open, in many ways I prefer the sleepiness atm. Riversgold was up another 8% today. As per the reasoning below the current price is below our corner stone investors recent purchase.

Mcfinge Riversgold are up massively since drilling commenced. It seems the AUS market is taking an interested in Mt Weld as their share price did not move much on their Lithium results recently. Up 25% today.

The beauty of this campaign for us is it is short and sweet, could be worth multiple bags in share price over the next few week and if it fails we are currently below where our cornerstone investor has come in at 0.35p and other insiders at 0.4p, so should not hammer us if it leads to nothing. I personally am loving the current risk reward at this level.