Member Info for HopefulDevon

It does seem strange that any small increase tends to reverse at 4.30. And then a biggish sale will happen and SP will creep back up to roughly the previous close. Very odd. I wonder if there is a ‘bot’ keeping the price at a certain level?

I doubt it would be an NDA as such but I’d imagine most staff would have shares or options therefore tied over saying or doing anything that could influence or impact the share price which at this time would be absolutely everything.

Would expect to see a small growth in SP back up to 5-6p but nothing yet. Perhaps it will slowly get there or continue bouncing around until the F3 and funding announcements. I’d imagine the new guy will want to make a quick impact given the recent stagnation and non-messaging

I would imagine this is what the going concern sign off stand off was about. The statement says that they are expecting it imminently and they are expecting the December one too.

I think share price will bounce around at current levels until these two milestones are reached and then the FS3 is finally published. Then we will either be laughing seeing SP rise or crying over bankrupt stock.

I wonder if the Auditors refused to sign off the accounts either as a going concern or any anomalies/creativity with FS3 which would have exposed them later on down the line

I thought they had funding through to January as they had a £3m injection a short while back

Trading suspended. Anyone got any info or ideas?

Just rechecked the AIM rules and it’s definitely 6 months with no exceptions. Perhaps they will publish after market close which is unusual, however if they don’t as shareholders we need to be told something. I think I’ll be on the phone first thing if nothing appears by tomorrow

Thank @croissant.

Hopefully that will send the share price northwards once it all sorted out

Anyone got insight into when the results will be announced? The last few years have been around the 14th. I am presuming/hoping that they are a little bit later so they can coincide it with news on FS or 12 month plan?

There's nothing on the US Grant I take it, wasn't that meant to be end of July?

Isn't FS3 due out in Q3? Not sure if this is a calendar year Q3 or Financial year Q3 which would before the end of December rather than September.

I guess the fact there's been no announcement over the US Grant that the assumption that it hasn't been awarded could be driving the price down as some shareholders decide to get out? I'm sure long term it won't affect the FS but would have thought the board would be at least attempting to assure the market that it's going in the right direction. The silence is deafening and shows a lack of professionalism.

Back up now. Looks like 2 tiny trades sank it 36% before it went back up again. For the last week or two its fluctuated at low 2.3p or so. I guess it will start to creep back up if the company clarify the feasibility report date and hopefully rise once it's published. Lots of nonsense until then unless it all goes tits up or a big player is in the background waiting to swoop and get it for an absolute steal

New linked-in post about the mine and the future

https://www.linkedin.com/posts/tungsten-west-limited_tungstenwest-hemerdonmine-sustainability-activity-7226567370243264513-k9G8?utm_source=share&utm_medium=member_ios

@croissant - so what do you see the share price rising to? My expectation all along would be it wouldn't return back to 70 odd pence but might be good for a high teens low 20's take over bid

Doubt the shareprice will move much until the FS results are released. Very erratic trading at the moment.

I think i have learned the art of patience with this stock lol

I wonder why there is so much selling going on? Even if the SP didn't leap as hoped, I'm surprised to see such relatively large block selling going on when the medium term expectation would be to see large gains?

@TUNX - when do you expect to see the SP to start heading steadily upwards?

Looking at the share movement, it looks like there are some big, probably automated sales followed shortly after by a big purchase. Fascinating the way it's moving. Lets hope it keeps heading upwards!