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I would be a bit careful here, only 2 mm's are shown on L2. How they are lining upon the ASK side 3.5, 3.75 with a max buy of 1000 shares. On the Sell side 2, 1.25 with a max sell of 1000 shares. With phone orders only they will control the market, and you will get what they feel like.
http://moneyam.uk-wire.com/cgi-bin/articles/200911241329260013D.html
Reads to me like "we have not got any cash so we are paying everything in shares", next will be an RNS to say British Gas have been paid 10,000 shares for this months office gas bill.. http://moneyam.uk-wire.com/cgi-bin/articles/20091110152500H4020.html
They are putting together a plan of action and surveys. When I asked months ago what the time span was I didnt get a reply, I even asked again with no responce.
Are you talking about the Malta drill?.
Hi, yes still watching these.. Profit to be made at this SP, agree fundamentals are the same, but will watch a bit longer, in no rush to get back in.
Dont get too greedy with a stock like this, the first sign of sells and the 3 mm's that control this rise will soon open the spread.. Do a dummy sell and see what you get. The good traders look at the previous months highs and get out with a nice profit. Remember no news and a rise = a sharpe fall as well.
Good luck to you if it comes off, I just remember the old days of Kimcor. The thing with stocks like these is it drops low, you buy in you have a big rise, and then the spread opens, and you cannot sell any large amount for a decent return. i.e. the "trap" The best plan is not to be too greedy and get out before te drop off, as it will happen. Especially if no news is out in the next couple of days.
Didnt these use to be KimCor Diamonds? And didnt they sell off the areas of interest for not much?? It will be a punt, and not a very good one, IMOH
Remember the words "may or may not" been used many times in RNS releases, dont know how many of you were around when SRB went through the same process, keeps the investors hanging on for a time, adn if no more news comes out soon i.e. days, investor by investor will think i'm in a small profit I'll sell.. Not saying it's not going to happen here, but be aware. Also note how the price is not shooting any further, this is not due to Bill and Ben thinking whats this stock will be worth in the current climate for a bid, it's what the city think, and they know more most of the time.. So be careful at what level you are holding...
I think you need to knwo their costs per oz to produce, i.e. $500, $600, $400 ?? Then you can get a more accurate picture on their value... For me this has already flown to it's level, it's probably being picked up on the cheap side, thus a prediction of around 3p is right.. The rise has stopped at this current point as picking it up to much above 2p is a small profit..
sage, are you still in these?
The Polo RNS for EXT does not mention EML, are EML taking part in the EXT RI? 1:35 http://moneyam.uk-wire.com/cgi-bin/articles/200908261319080424Y.html
Do you mean it will let you, but you have neg trade it? And the £2K trade gives you a fixed price?
Sorry should read now ASK 3.5p MID 3.23p BID 3.2p
Good start to the day ASK 3.2p MID 3.13p BID 3.1p
i will have to check my emails, but i'm sure agu have said they will either let the license lapse, or offer it out for a jv, as it is of no real value for them...
yes happy with POG, getting close to 700p mark... Just under 500% up so happy days..
I will support them as long as they do as they intend to and get BA into production... Then its money in the bank... And the stock market will be inflated again by that time, so the right time to reap the rewards of our investments... Note that will be 2014 to 2019 (5 to 10 year plan on my holding)..
Thanks.. Only 3 or 4 PI's... Not a good show... But then again none of us went (as all motions were passed already before the meeting opened)..