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Here we go again.....
And a decent sized buy to finish off an otherwise boring day.
Just ran a dummy trade.... 52.8 on the ask
I always though they were obliged to facilitate sells below the market size. So surely after those sells you should have been able to buy?
Krispy, so I hear.... although having not yet hit 30 I’m hoping it won’t get worse too soon...
Almost like the MM’s are going long...... won’t quote for buys, but happily receive sells.... either that or they’re covering a short...
Still won’t quote.....
That’s what walking and typing gets you. Quite possibly the thickest question I’ve asked in a while...
I wonder why they didn’t make the buys immediately. Does it not normally happen instantaneously??
Initial production of gold will be dependant upon the concentrate they’re using for commissioning. I believe Australian, Chinese, South African and Russian concentrate sources have been mentioned in the past. Sources will vary wildly in gold content.... I wouldn’t be disheartened if they’ve chosen smaller amounts of a non-Au rich concentrate to start with. Why not start with a non-Au rich concentrate and perfect the Sb side of things first? Then we will hopefully see a slow and steady ramp up to include gold....... The environmental benefits of this process have always been stated as the main advantage over the existing Chinese facilities, but let’s not forget that the gold plant will give us a competitive advantage allowing smaller amounts of gold to be recovered where they might otherwise have been lost. Hopefully we can divert some concentrate away from the Chinese smelters.
There’s got to be some big delayed trades waiting to show. The volumes that LSE is reporting don’t seem to explain it..... Then again, there’s so little in free float maybe they do...
Starting to get chunky! £29k worth
Make that 44
If we’re assuming the big whole number trader is always the same person... and that it might be Odey.... he’s just paid 43.88p...... highest I’ve seen yet.
I don’t think so.... but OAM is, following the rule 9 whitewash.
Hi Krispy, at work at the moment, will reply properly tonight. Nice 7% uplift. The buying patterns look similar, the whole numbers I was talking about that keep recurring. I’m always told that MM’s don’t build long positions but that could be an explanation.... Either that or someone filling a large order by hoovering up smaller PI sells. I don’t have level 2 either... this is pure speculation. I feel that liquidity in this stock is so poor that we’d start to see some serious movement if someone wasn’t happily receiving these sells. The MM’s are only obliged to quote for trades of <750, so someone’s happily receiving the sells.
I’m beginning to think our mysterious seller has been a buyer all along if you look at the trades.
I’m with HL, had one rather optimistically set at 200p while I was on holiday. No charge as far as I know.
I take it back! That’s not the Duke of York, but it’s still the same event
Krispy, I think this image was taken quite some time ago. Notice the Duke of York in the background and the tie worn by HH Sayyid Haitham bin Tariq Al Said. Then look at this tweet posted by the Anglo Omani society on the 16th July. https://mobile.twitter.com/BritOmani/status/1018804486482120704