Member Info for Jollifant

Sensible or awful RNS? I say stupidly worded and unnecessary. Well there goes your 3p today prediction.

If ever a share needed news then it's WSBN. Maybe then the 100k share seller will stop and disappear! Patience is all that is required here.

Seems almost like a speeding ticket. Stupidly worded RNS to drop the sp. Deliberate?

All the great grade news, be it lithium or gold, will not move the sp upwards much. Indeed the sp is now in the red after the latest 'good' RNS as people sell expecting the sp to drift downwards until the next grades are announced.

Junior miners only advance big time when an RNS states how they are going to extract the bounty out of the ground, usually a JV. Until then IRR is range bound.

He still owns the shares but in his limited company and not as an individual. Only he knows why he did it but probably creative accounting of some kind. Coincidence this is the beginning of the new financial year? Could be tax related.

Anyway the fact he has extended the agreement not to sell any of these shares for a further 6 months is a vote of confidence in the company and hence good news.

Doesn't matter much what or when they release news whilst the relentless seller is still selling. For weeks they were selling in lots of 10k shares and now they are selling in lots of 20k shares. Would love to know why they are selling now, presumably for a profit, and just how many they have left.

Anyone else surprised or disappointed that in the you tube video they ruled out transacting in alt coins? Many here expected at least Ethereum to be an option.

Oh well WTFDIK. Guess the sp down to 51p again is another top up opportunity. GLA.

Totally agree. Suspect it is a seed seller/s taking profits to spread CGT so this could be fingers crossed the last day of constant sells. Will tie in nicely with the good news to come here and the blue skies of spring will appear.

No point Mode releasing great news until the persistent big seller has exited. Been going on for weeks now. Very frustrating. Maybe that's why they are not releasing the latest figures as any rise will be brought back. Surely the seed sells will finish one day!

Unless you are trading large amounts the spread in reality is never so high as reported. At the moment you can sell at 19.8 and buy at 21.5.

The RNS today was never going to make much difference to the sp. Junior miners release this sort of news all the time and yes it's nice to see a lot of gold down there but news on mining it is what shifts the sp.

That's why the lithium in Ghana play is the big one. News hopefully imminent on a JV or other plan to move the lithium mine into production. As Vincent stated recently ' We are now evaluating options to fast track the project to production.' Now that will put a rocket up the sp price!

Hallelujah at last! Let's hope this is the start of a re rate and people are noticing the massive potential here at these ridiculously low prices.

Surprised to learn that people here have had trouble buying the last few days. Using HL i managed to top up with no delay yesterday afternoon 3 times at 50.35, 50.31 and finally at 51. A final top up just now at 52.99.

Hoping my faith and patience will eventually be rewarded with lots of good news to come.

I take it you are joking about Aura Egy ?

Happens a lot on AIM. The real sell price is 1.88 but for some reason they won't change it officially.

So you are saying that if Btc rises it makes no difference to Mode but if Btc falls then Mode falls with it? If Btc recovers back to $60 then Mode will stagnate but if Btc then retraces to $55 then Mode will fall more. Not a great business model, soon Mode would be worthless.

Today is all about market sentiment, not Btc in particular.

Bitcoin volatility should in any case be good for Mode as they make 0.99% on each Btc transaction.

The drop here is purely general market sentiment which changes like the weather.

Absolutely. All 8 of my shares are in the red today as are 95% of shares in my watch list and the share indexes all down across the board. Days like this make you wish you weren't invested in shares but the bounce will happen.

Is that a serious question or a wind up?

The great Pires deramper has spoken. Fear not because every BB has one or sometimes more. Am new to this share and was wondering who the obsessed deramper was here. Now i know!

Looking back through his volumous posting history on Pires i noticed in February he was spouting similar nonsense, albeit as if he knew what he was talking about, when the sp was 11p.

Equities don't always price in what is known. The Market anticipates future earnings, growth potential, sector sentiment etc. The forthcoming Pluto IPO should benefit Pires and eventually the Market will take this into consideration before the event as well as after.

All i am seeing on L2 is a sea of blue. Buy after buy but no tick up and no change in the sell price. Filling a large sell order maybe?

Checking the trades earlier this morning and it seems the 10k share seller has returned.

Looks like we will lose all the gains made earlier today. No wonder people sell into any decent gains.

They are not big sells but enough to drop the sp on low volume. Suspect it's just random pi's selling. Piohc1 for instance sold 25% of his holding at 58p. Could have sold a little later at 61p so looked a bad move at the time but pretty good now.