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Spreading like the spread stop buyers coming in. More money than MC that difference is worth more than my main shares MC lol. Got to fly today and of seller gone bingo :-)
That RNs I'm guessing seller can't sell for 6 months now? So he's gone?
Yep they bring in a few sells then straight away when fixed down buys come in. Once free it will head north
Realise my limit buy had gone in @0.50 bugger oh well. Tiny MC and half the investment into a tungsten play with options for further investment an interesting play to my portfolio ha
I tried a buy and can't get nothing! So that says it all really doesn't it. Wish I'd read that report before I sold bugger!
Been researching this and got the following information the mine itself is very good with high grades and a decent loads. Yep def being held back. Bodó is a high grade, low cost operation currently operating profitably with small scale production, which offers the opportunity to significantly ramp up production and generate robust cash flows throughout the commodity cycle. The Bodó Project is located in the Seridó Tungsten Province in Rio Grande do Norte. The Seridó Tungsten Province is Brazil's most important Tungsten producing region and hosts the majority of Brazil's Tungsten reserves. The project is located adjacent to highway RN203 and 220 km west from the State capital of Natal. The project consists of two tenements located in Rio Grande do Norte, Brazil and comprises a current mining lease (894/1944) and an exploration licence (848129/2006) covering a portion of the potential down-dip extension of the known mineralisation. A 30 year lease agreement with a 30 year option has been signed with the traditional owners of the asset and the licence has been registered with the Brazilian Mines Department and the mineral rights have been transferred to Bodo Mineracao. Data shows the mine to be an extremely high grade (1.5 to 2% WO3) operation, open at depth and largely untested by drilling. There is also an opportunity to exploit the historical tailings dam which is believed to contain 200,000 to 216,000 tonnes of WO3 at a grade of approximately 0.3% WO3. Wavenet chief executive Robert Brierley said industry commentators indicated that the global market for tungsten was forecast to maintain strong growth over the next five years. "Whilst China continues to dominate world mining and primary processing, the availability of tungsten units to non Chinese markets will continue to decline," Mr Brierley said. "Equally important, China is now becoming a major importer of tungsten concentrates and scrap materials. "Ongoing rapid growth in demand by China will ensure that competition for raw materials between Chinese and non Chinese processors will continue to intensify with the result that there is now an urgent need for increased mining programs outside China."
Don't get me wrong it's a good asset. This isn't trading right for my liking.......something going on in background. Hopefully I'm wrong and I'll be crying when it flies later good luck mate
Yep I'm out mate my long term hold has better tungsten assets than Brazil tungsten and they only have a £1mill more MCAP than EVO and own 50% of the mine. Good luck all
Looking now but can't find quantities. DL says high grade but nothing else. Nothing on the net so far
Sell is that what we were waiting for? Move on now I hope
The hell can mm Justify dropping it down on so many buys! I hate mms but once they have had fun it will fly
Again they are struggling to fill an order. Anyone got L2?
Where you looking? Lol
They have a large buyer on a limit buy at around this price hence the drop and back up. Mark my words we will see one soon around 0.55 GLA
The actual bid is very close to the ask now....the only way is up
Tock
About to be hit!
The top risers last few days pfp, ult and htig. They are filtering through buys all good here tick up soon :-)
Watch your stop losses all buys coming in now hold right for the ride :-)
Those reds are buys don't get suckered in guys