Member Info for dan1nat1

I am being offered 74p for 50k shares, looks like our buyer might still be around.

“A formal update of the project PFS reflecting the production of lithium hydroxide is underway and will be completed within the next 6 weeks.”

This must be due anytime now then.

They have sold some, you can see from the holders list that I posted earlier this week and today there total number of shares is lower.

The placings will also have effected there %.

The good thing is someone was clearly happy to buy them!

Imo you would be totally crazy to open a short at these levels, risk / reward is just not worth it.

For anyone that's interested -

Timo Syrjälä** 4,519,375 12.14%
Tom-Erik Lind 3,547,712 10.00%
A&B (HK) Company Limited 3,408,409 9.61%
Markku Jalkanen* 3,194,290 9.00%
Marko Salmi 2,995,639 8.44%
Hargreaves Lansdown Asset Mg 1,945,235 5.48%
Juho Jalkanen*** 1,094,570 3.09%
Jarvis Investment Mgt 1,070,681 3.02%
Aviva Investors 931,403 2.50%

Total issued 37,233,894
Total held by listed holders 22,707,314 63.28%

Total free float 14,526,580

Seems the mm's dont know how to price this, the offer is all over the show and the spread is a joke.

So Aviva sold 355859 shares on Tuesday, which would explain some of the large trades that day, but not all!

Could it be one of our bigger buyers is building a position directly from the ii's? It happened on FOOT recently just before they were taken over.

Aviva have dumped a few yet the price has been rising...

That’s probably what people thought last time it hit £9 Oscar. I’m not saying it will hit it again just because it has before, but equally you cannot say it won’t hit it until a we are at market.

It’s in the price already, if it’s a sell it will have been being worked probably since we started our recent drop. It’s actually good that it’s been posted it could indicate they have finished and could be the reason the sp increased slightly today.

Equally this is Aim it could have been a buy with the mm’s letting someone get in cheap, it’s not like anyone who trades aim has not seen moves like this before.

You need to ignore the buy / sell indications on here, they are purely indications based on which side of the spread they land.

Bottom line don’t panic and wait for it to play out.

Strange trades today, I said it this morning but this really does look like shorts being closed now...unless someone is building a stake, maybe FB will swoop in at these low levels.

Wait until the mm's start temping us with some big numbers... ;)

Dont forget the limited and getting smaller free float, only 14m share available outside of those held by the 3% plus holders.

I expect there will also be some strong holders below the 3% point so we dont know what they are holding, further reducing that 14m figure!

Loads of sells again and yet we are slightly up for the day...bring on the takeover already!

Traders are keep us below 30 at the moment, when that goes it could get very interesting very quickly.

I notice a nice 50k buy has just landed.

I am beginning to think the same Zen, seems like a real show of confidence.

I am wondering if Tom going to 10% a couple of weeks ago prompted Timo into his recent increase.

Looks like our big buyer could still be around.

That’s assuming they all vote the same way. We don’t know if the two recent major holder increases would be working together or against each other...

Hard to even guess, but wouldn’t a bidding war be nice ;)

We might get a takeover approach from a major...what price then?