Member Info for haggismchaggis1

Piedmont made an announcement today for one of their other projects. Have a read of it, as it could suggest similar changes are applied to the ALL DFS expected in June, such as using an increased production rate in the first 5 years, and using a higher SC6 price than was used in the PFS.

https://www.businesswire.com/news/home/20230418005450/en/Piedmont-Lithium-Partner-Sayona-Announces-Positive-NAL-DFS-and-Increased-Resource-at-Moblan

This popped up in my Hydrogen news feed. Anyone heard of them?

"Long Bennington company hopes to build Europe's first zero carbon plant to convert waste plastic into hydrogen fuel"

"Newton Hydrogen Limited, of Long Bennington Business Park, has submitted planning for the fuel production plant in Rotherham, South Yorkshire."

"Chief executive John Ashford and founding director Ken Smithers say they are pleased to have a formed a long-term business relationship with American design and manufacturing company Fusion One."

"The plant, designed by the American company, will convert waste plastic into hydrogen fuel."

"The Rotherham plant, the first of seven planned hydrogen plants for the UK over the coming five years, will produce 70mwh of hydrogen per day, 24,150mwh per year."

https://www.newarkadvertiser.co.uk/news/company-has-plans-for-a-zero-carbon-first-in-europe-9308754/

Just mention his name and he appears as if by magic LOL!!

Ah, but still filtered, hooray. Back to talk it down some more, or finally fully loaded and now wants it to go up? Who cares, not me.

Another con man talking garbage. Another troll for the filter.

That's really sweet :?-?) :?-?D

NicetoMichu,

I always find that when you have a price rise and volume increase on no news, there's usually something behind it, as people don't throw money at a stock based on no inkling of a good profit ahead.

I also find that when people are happily chatting about their investment going up, there's always a couple of party poopers arriving to try and subtly talk it down, which, bearing in mind they usually claim to be shareholders, I find highly suspicious. They usually claim to be bringing balance to the board but I find that unbelievable, as everyone is just as greedy as the next person, so nobody in their right mind would want to talk down their own investment.

Everyone is entitled to their opinion but stating opinion as if it were fact is either arrogant or deceit.

Nobody KNOWS how much the price will rise on PI buying over the next 6 months, nobody has a working crystal ball. It sounds like some have been brainwashed by Crusty talking it down for a couple of years, or he's got other logins.

Simple fact is, PI's CAN make this stock multiply in value over the next 6 months, it doesn't need ii's to do that, and anyone thinking it does is either fooling themselves or trying to fool everyone else.

Just look at the top risers board, pick any AIM small cap and you can be pretty certain it's not ii's making the stock rise so much, it's PI's.

I've explained why £20k is a big buy for AEX. I've watched the trades for years, I know what big and small are in terms of AEX trades and £20k worth is big. There are bigger but as I said, the vast majority are usually much smaller, that is what makes it big. The tiny amount of bigger buys do not make it small, there's not enough of them to do that.

Winalot,

They got placings after that.

It says 28.35% which is 1,102,898,871 shares.

Winalot,

I thought that I recognised the name but hadn't got round to checking, so thanks for saving me some time ;)

So Eclipse are not even an ii they are just an investment vehicle for the Zubair family. So as I said, no ii's anywhere near AEX and unlikely to be until gas is flowing and profits are visible, at which time the risk level plummets to where their internal policies allow them to invest.

1.3bn shares out of the market is handy.

You really are over exaggerating what it will take to move the AEX share price there.

The spike from less than 1.96p to 7.69p (292% up) in January 2017 had nothing to do with ii's buying billions of shares. ii's were nowhere near AEX as the risk was far too high for the vast majority of them.

The only current declared big investor is Eclipse Investments LLC with 28.35%. And they likely just got that from a big placing, not from buying in the market, that's not really what ii's do with high risk small caps, if they even touch them.

"Eclipse Investments, LLC is a privately held company composed of corporate and investment professionals actively trading and investing in markets around the world. The company is headquartered in Las Vegas, Nevada however has satellite offices in the Northwest region of the United States."
It only has 10 employees. Hardly a big player.

PI's can easily push up the price of this stock considerably, just as they did in 2017 and just as they did today 8.5%. If it keeps going at that rate for 7 days ant it will be up 100% on the opening price today.

And these types of PI backed rises will pop up repeatedly through to first gas in October, each time with the potential to add 50% to 100% to the price over several days. So it does not need ii's to buy billions of shares to make a meaningful share price difference, and if people wait for ii's to turn up they will miss a large amount of upside.

Looking further into it:

Trade volumes on AEX without news, the average is about 3m shares traded per day.

On the news of 02/02/2023 Strategy/Company/Ops update the volume hit 15m, next day 10m, next day 18m. On Bed and ISA day volume hit 14m but much of this was moving stock from trading account to ISA.

Today we hit over 20m on no news, 5m more than the day we got an RNS with a full update.

That has to be seen as an indication of money now moving into the stock ahead of all the expected news.

Eh???

BHL is up 13.6% today, whilst ALL is up 6.2%, so I would actually say that it's BHL that's marching on and ALL are chasing.

AGM Presentation - slide 11 - 8.236TCF at Ruvuma, and as per the footnote it "excludes deeper Jurassic potential".

http://admin.aminex-plc.com/uploadfiles/2022%20AGM%20Presentation.pdf

£20k in one trade is a big buy. Obviously some make bigger buys but way way more make much smaller trades.

The fact we got much bigger volume does not mean that today's 20m should be ignored. It's the highest volume since mid December, along with the price rise it signals that the bulls are interested in AEX again. It doesn't need to be 100m or 200m for investors to understand that investment is already starting to move into the stock, well ahead of reserves and production, because the smart money gets in early, not after the party has happened and everyone is already on their way out the door.

As can be seen from today's news, big money is looking for cheap UK businesses to acquire. AFC is dirt cheap compared to its peers, and to it's brokers DFC valuations of 180p to 195p, so could potentially become a target at this low valuation. Only need to get a few decent sales and it'll be a mid cap again, which potential bidders would work out pretty quickly.

"It appears that London’s substantially cheaper capital markets valuations are coming home to roost, with dry powder-rich PE managers catching a whiff of a market rebound and making bids while the going is still cheap."

"There is a sense among international investors that the UK is ripe with takeover targets," said Victoria Scholar at interactive investor.

"The recent rebound for the pound suggests opportunistic buyers need to make the most of sterling’s weakness before it appreciates further and is too late as the FX discount subsides," she added.

https://www.proactiveinvestors.co.uk/companies/news/1012338/private-equity-wolves-declare-open-season-on-uk-mid-caps-1012338.html

Someone showing confidence with this buy, which is over the advertised ASK at any time today.

11:46:51
1.33
1,488,341
£19.79k

Spot on Goatlegs!!

The reason they won't attend the AGM is they don't want any answers, they just want to create doubt and fear where none should exist.

They would much rather we didn't go to the AGM in case we do get answers, especially answers that scupper their disinformation campaign.

NT-1 + NT-2 should produce minimum 37mmscfd. But more likely after the workover of NT-1 and removal of the choke on NT-2 they will be running 50-60mmscfd IMVHO.

CH-1a if targeting the thickest part of the known gas trap of NT-2, could potentially be an 80-100mmscfd producer, as the target thickness at that point would be 4.5x what NT-2 hit.

So it's entirely a possibility that the field could be up to the 140mmscfd in the AEX + APT agreement with just the one additional well being drilled this year.

Volume is now over 20 million. That's the highest since last December.