Member Info for Dcat80

No worries. The market size (number of shares the MMs have to honour the quoted price) varies per stock, but you can see on the lse share price page what the market size is.. If you put in an order at the size and the quoted ask price it should be honored.

Yep, good to see someone appears to have taken the fill & kill. Often only way to move the MMs when they get defensive and try and kill any momentum!

Hardly surprise MMs are trying to kill move north and try and wait out sells! 30k orders have to be accepted at quoted ask if you want to put orders in.

Not surprised you forgot, the time we’ve waiting is much longer than I’d have thought for the rock sample/soil work I was envisaging. Hopefully a nice little surprise rather than not worry pursuing (although understand expanding pitombeiras for obvious reasons priority!!)

In addition the question of why we drilled the first set of holes to 120m when would have been visible the VTM was to circa 60m (depth this new stage is going to). Again is there nickel/cobalt below like PB had below the PGM layer?

Point I’m making is there is potential for few surprises outside of the expected drilling, met trsts using dry magnetic desperation and other aspects of PEA (all which could be reported separately and land).

Would be nice if those selling near breakout level don’t have long to wait to regret it! As Tex says news could land on multiple fronts, we’ve still not heard anything about Mocidad and work on that started end Q2.. Valore definitely have a busy newsflow period, however I’m sure it’ll be our 100% projects that’ll really excite us all :)

Thanks MFM. Whilst I’m not convinced that charts are as relevant with the low liquidity from modest value of free float at this level I do know some looking to enter use (with a few disappointed SP then gets away from them!).
However I’m sure they’ll become more useful the higher the SP and therefore value of the free float goes up. Plus of course should volume really become significant (not just in relations to freefloat).

As such it’s interesting to see and would be great if you continue to share when things really start locking up!

Yep those points and largos stayed objectives you bet not pigment grade tio2 plus the natural benefits of both being in country with similar deposit types make Largo my chief suspect. Stake at project level, question is on what terms and to what extend Brazil’s current support both financial and regulatory comes into play. Answers hopefully in Q1 21!

Very keen to get update on fodere group though. They were targeting production soon and whilst covid hasn’t been pretty in S Africa would hope things are progressing. Some solid numbers on production targets/margins and what our ownership would allow us to consider what our stake could be worth later!

Tex - my thoughts on Valore and Jangada combining is none to slim. BOD choose pitombeiras they won’t then merge to dilute. It makes no sense. Eyes on largo not valore

Hi Ortus- good to see another Arcm holder building position here as well. Few of us with that cross over :)

Gilzean - welcome, not the most liquid state Jangada most the time so can be volatile and patience required. However rewards on offer if you can accept that risk and hold patiently are some of the best I’ve seen (potentially at least!).

This bulletin board is quieter than most, but you’ll find some knowledgeable well researched posters here so just shout if you need any help with your research

Obelix - thanks, just 200k of yesterday’s buys accounted for so far then. Good sign maybe others are picking up on the story.

I only know where one of the 100k buys went yesterday. Anyone on here grab any yesterday or have we new interest?

In fact at 3.4p mid point that would have been a new 2year high.

3.09 been sat on ask for weeks in auction without being ut. Silly small amount, not sure reason behind but we all know mid price finished 3.4p.

Whether it messes with the charts i don’t know, but we’re not geared for traders with the lack of liquidity. Just something else we will deal with at a higher sp producing more liquidity, however the higher paper profit should provide comfort to us then ;)

Yep little over 4% of free float today. Hopefully just the start of things to come and with no warrants converted the lose stock should stay low

By wider distribution I mean I don’t want it shared publicly. Private notes to help sensible investors who will use as start of own research rather than to be used as a pump or dump.

BF- I have a note paper I wrote up and shared earlier in the year. Not public, but with those I know are more longer term investors than traders. Swiss has shared as well with number he knows. Little out of date now, but pulled together a lot of my notes and research encompassing other such tio2 hard rock deposits

If you drop me a direct message On twitter with email address (Don’t share on lse!!!) I can e-mail over. It’s not for wider distribution though

Future- it’s hard to put fair value. You can look at speculative plays without any proven discovery trading at many multiples of our MC. Even at this stage I think pitombeiras should be nearer £40m-£50m just on high value ore at surface and small maiden resource, drilling will increase that plus the main point in my view a clear financed route to early production.

Know some of you are not on twitter. I put together a chain with images/screen grabs which unfortunately can’t post on lse recently. Should be able to view from below

https://twitter.com/davidca041980/status/1318124013869289477?s=21