Member Info for jimbobtechstock

Though this is all positioning on the book, the RSP price is still unchanged on bid and ask so they could be positioning to make the branches wobble as much as possible. News really can't be far away IMO.

5 on bid. Maybe maybe, bonks, this is the time when they don't want to be printing any more IOU shares and they only want to be selling the genuine article??? This week - news week - it just has to be, doesn't it? Either that or they're pumping it for a big old shake, for the same reason really

Well I didn't expect that little announcement, however positive and welcome, to have much of an affect on the SP but the MM (Cantor most recently) have been pushing this up during the opening scrum this morning. I think given the technicals of late we are probably trading at least 1p under where we *should* be so maybe this will be the nudge we need to get back above 9p?

Cast my vote by instructing broker to appoint SH Action Grp as my proxy and support all resolutions. Good look and my sincere thanks for taking this action

Spread widened into close today. I'm still banking on developments re Bass before the end of the month, did the MMs get wind of something tomorrow and spread out into close, or is this just more shake, rattle and roll whilst they're bored and they have the SP where they want it?

Weird I thought all AIM shares were SEAQ but this is SETS: http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/VGG7762V1076JEGBXAMSM.html

BUt it's not AIM, is it... LSE:ASM8:AMSM

If they did mine dung wouldn't it be a market crap?? (sorry...)

100k repeated sells testing the back line or trying to instil some fear. See it on so many shares, circular money used to manage the price to get the position they need.

Shockwaves from the Chinese slump affected flake market in ways we might never understand but just when everyone in London has given up on graphite it will bounce, Bass Metals will do very well IMO, Stratmin will still see good returns since it will end up owning a huge chunk of BSM. "VW plans huge investment to become electric cars leader Volkswagen plans to launch 30 all-electric models to reposition itself as a leader in "green" transport." http://www.bbc.co.uk/news/business-36548893 This comes on top of BMWs electric powertrain announcement last year and several countries committing to EV targets. Mark my words, this has been promised a long time and the cynics understandably now think this will never come but the flake graphite boom will start very soon in deed IMO

DBW after a falling trend has a marginally higher likelihood of an upwards breakout than a downwards breakout according to my little black book of chart patterns... But it could do either so squeakybumtime

Interesting trading - quiet times still on APC but Tuesday the buy limits got very small, indicating this could be held back for accumulation, easy to do on low volumes. Since then the RSP bid price has sat constant at 8.16, there has been a trickle of selling for 2 days but the live bid hasn't budged. I'm not expecting miracles after the last 9 months but this could mark a little bear trap and we might see a spring back to 9p

Descending broadening wedge

Graphite wasn't the problem Extrawise, turns out they didn't build the concentrator to the required standard and only half a workforce. By the time 2 guys with the nouse to get the job done got in the damage was already done. Finance became the big problem so we swapped the mine for a large number of shares in BSM, who will raise the finance and we will still see returns. The link posted earlier was interesting - Chinese companies actually looking to import Flake graphite, who would have thought it. Some false starts here but the timing of your return is interesting, given what I know about the Stratmin register right now. I would have thought you'd be skiing in Colarado or somewhere over your side of the pond than Europe, but if you don't mind the flying I guess snow is snow...

D-day! there's been .30p on the bid earlier this week, need to bust .33 for escape velocity IMO, to be sure of the direction

Something changed last few days though - almost imperceptible but they were shaking in quick succession, they they threw out the weird priced trades painting a line south on the graph on Monday. SCAP has been out of the bidding standing off Bid and Ask, but now they are on Bid so there's 4 shoring up against any squeeze lower. Buy limit effectively zero so they're keeping buyers out and only servicing sellers, why would they do that? Naughty boys. Manipulation, no that would be illegal... Making a market? Don't make me laugh. But they get away with it here because there's currently not enough buying pressure - the lack of buyers is leaving them to their games but if we get the RNSs I'm hoping for then I'm fairly sure the puss will be forced from this and we'll start moving again

Almost certainly a sell IMO, they shook the spread right down to 0.20-0.25 but tellingly the auction price, which sets the sp on SETS shares (not the spread as on SEAQ and SETSqx) stuck at 25p. So the trade .2375p was below sp set by auction so probably a sell but LSE marked it a buy as it was above mid on the spread (during a tree shake). Also it's now showing as 52-week low price, you find me a share which the MM had serviced a buy at the lowest price (ever) and I'll buy you a pint...

I think I said I expect news in the next few weeks, I'm expecting it before end of June because I would imagine the BOD want to put some certainty out along with the interims. Contacts reliable enough for me to hold on to my largish punt here but yes, nothing is certain till the RNS comes out. I heard a new business venture in a related space that would allow them to keep their listing, and that the deal comes along with a finance partner. Thing to realise IMO is that STGR will end up owning a significant chunk of BSM, that our final tier payment comes when production reaches 5/9ths capacity (10k tpa - measured over 3 months pro-rata) but full capacity will be 18k tpa. If one attempts to (roughly) model how value is added to mining shares I'm hoping the anticipatory rise on BSM will have waned by the time we reach our threshold, we'll get a reasonable price for Tranche 3, before the corresponding results come out pricing BSM for the increase in profits. It will of course all be down to timing. I won't pull any punches, this is still risky - but against that risk is the very high likelihood (IMO) this was shorted down from 5p when it was clear spring 2015 this would need significant capital, massively shorted from 3.25p when the ill-timed share restructuring announced (yes I know this from very reliable info and no I didn't and never have shorted this, these kind of bets aren't available to PIs) so there's a very high chance IMO we'll see DCB. Whether the cat is dead if/when (IMO) it bounces will be down to two things IMO: 1. Do Bass have a viable funding plan to reach Tranche 3 2. Do Stratmin have a viable plan to maintain ordinary listing with a new business asset I'm betting on yes to both of these but that is my personal choice based on my own research so huge DYOR disclaimer

The shares should increase in value as production ramps up, so there is some exposure to the upside, whilst limiting exposure to the downside. Also the new business deal that is rumoured should give us some more potential but we have to wait to hear details. I'm also not quite sure about the status of the JV mine at Vatomaina, or the mine to the North of Loharano, not sure whether those licenses were flogged with the deal to Bass or whether Stratmin retains any interest. Either way all we need to see is how the value from the deal will be returned to shareholders and we should see 3-5p IMO

Won't be buying more unless it drops further and I'm very much hoping we've seen the bottom - or very near. Just waiting for news or flinch from whoever is in the wings