Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Money for RMS and further rid of old risk to SP - the Sword of Damocles is getting smaller!
300,000 against
This wins the competition today!
Mornington... in case it helps you at all, I broke even on ARB by selling my shares at 4.44p ! (sobs loudly in the corner)
We've seen this before.... last play of those desperate to hold power and control price.
looks to be.. can we break and stay above 2.4 bid???
https://www.statista.com/statistics/452304/graphite-prices-worldwide-prediction-by-flake-grade/
Back then it caused a 20% drop in SP back to around 0.55p.... All because of an unexpected delay. That was a great buying opportunity as will this be.
Just! Sorry, couldn't resist. Unusual to see 6 straight days in one direction. It's been an interesting week for SYME in the absence of any official news. Let's hope it's the beginning of sustained but sensible increases as we move into next year and get the news we're all waiting for.
This is only a short term maximum capacity as the production line is brought online... as it clearly states in the RNS
"Thereafter production is expected to build to a maximum capacity of 5m masks per month should the machine perform 24 hours a day, 7 days a week at its anticipated optimum specification."
It would be wholly unrealistic to expect production to go from zero - 5m instantly
This RNS is a positive one for any investor with an outlook longer than a few weeks.
The RNS today gives some detail and there's even more detailed explanations on the assetmatch dot com website.
Surely this is Spreadex hedging their their customer's long positions?
Can anyone shed light on the frequent transient spikes (mostly downwards) seen on charting patterns for the past couple of days. E.g. the 9 am 1m candle today, with mid price around 8.3 had a sudden drop to 6.4 then back to 9 before settling back to mid price again. Is this MMs cynically clearing stop positions of the unsuspecting or a typical feature of a rising share in a market with low liquidity / limited free float?