Member Info for JohnHenry

Hourly resistance intra day, break through 30+ target.

The $50M is not a major problem although i think the market priced in $200M, its whether the company can draw on the senior debt ?

GoldInvestor Glencore wont be selling look at the 10 Year offtake agreement.

Imho

Well i took a punt trade at 14:25p LOL

Thats what i was saying earlier the PA pointed towards a large sell order probably Institutional has thats how they tend too sell.

HeresHopin try buying in 5 X 50K clips

Agree LawrenceH it will get built but who will Own it ??

The trade was from 16p to 20p+ thats gone ?

Nah retail punting which is drying up, shed loads available on offer. Red close imho

Now todays PA certainly looks like Institutionals broker on the offer

PA will indicate the MMs have a shed load on offer, dead cat bounce ?

Will be in talks with its major shareholders and know whether any are selling.

If its just retail selling then they will probably just let it ride out and the market do its thing.

Clarity on the RNS is a must sooner rather than later.

Theres plenty of holdings that could be selling without one of the big 4 selling,

Millions of shares in Nominee accounts.

Then the situation maybe pretty dire.

I dont see how the CEO and CFO survive this ?

Maybe the rumour of a 20p placing has some legs

Game over for equity investors

Maybe they will step in and takeover the financing and project.

Market is saying the situation is far worse than the RNS portrays