Member Info for Kojak61

Yes, I was, if not how can they be admitted for trading?

Sorry, typo should read "multi million dollar company"

my calender can't keep up. sunday! monday! tuesday! now thursday! it's like a song by black eyed peas.

i suppose the outcome depends who throws the towel in first, a multi trillion dollar country that hasn't got a clue and would rather throw away billions so they dont have to pay arrears, or a multi trillion dollar company that knows what's correct business procedure. they're not going to go into floaty contracts and risk the same 2023 **** again in a few more years. once bitten twice shy. keep it up gkp and akipur, stick together and please don't sell out, your doing ok locally. i'd rather have that than the greedy biscuit throwing crew pull the plug again later.

https://ca.news.yahoo.com/talks-resume-kurdish-oil-exports-134404280.html

Turkey are unaware? You'll listen to anything.

If they're unaware how can this be reported...

https://www.rudaw.net/english/kurdistan/18022025

https://shafaq.com/en/Kurdistan/Iraqi-Oil-Minister-Turkish-Deputy-FM-discuss-energy-ties

Of course they are aware, they just haven't been officially notified yet.

Be patient, don't let the scare mongers get to you.

NEO is mentioned at 13:40

Https://www.reuters.com/markets/commodities/nuclear-revival-puts-uranium-back-critical-spotlight-andy-home-2025-01-30/

Sorry, finger slipped, posted twice

I believe this was the latest https://x.com/NeoEnergyMetals/status/1877008610267660362/photo/1

I believe this was the latest https://x.com/NeoEnergyMetals/status/1877008610267660362/photo/1

AUO still might follow through, then again they might not, not sure why when there seems to be so much to gain. Maybe Bacchus will get them to uphold the original deal, if not I think Bacchus will help NEO find other funding, to the dismay of AUO.

https://www.miningweekly.com/article/neo-metals-appoints-bacchus-capital-as-strategic-financial-adviser-2025-01-16

P.S. In the August article AOU are mentioned towards the end.

Info on funding from 12 dec 23.

AUO is a brokerage house in Africa, they set up a deal with NEO in 2023.

https://auoinvestments.com/

Part 1 was completed, they're waiting for part 2, which should have been dealt with over the following months, from what I can gather this hasn't happened yet..

DEC 23

https://www.morningstar.co.uk/uk/news/AN_1702409360484266600/in-brief-neo-energy-metals-receives-further-funding-from-q-global.aspx

AUG 24

https://www.miningweekly.com/article/neo-energy-metals-to-acquire-two-uranium-gold-projects-in-south-africas-witwatersrand-basin-2024-08-13

Scarlett Vixen, I think Cliveas is refering to Yellow Cake's Mcap.

Stop criticizing people without checking what they are talking about.

We could do with a nice RNS coming in "Saxony gov. confirms funding" that would shake the price a bit.

Dusterinmong

I know that actual buy/sell prices are generated in the moment by my broker.

And I know that LSE aren't accurate. I did mention this in my first post on "Spread at 14% —- why?" by justfencing

"LSE isn't super accurate, we know that for example by the way it calculates buy and sell volumes. Buys and sells aren't differentiated during trades, LSE has to guesstimate by the price of the trade quoted on the London Stock Exchange."

My next post was just to help Napalm understand what a spread is, that's all. Wish you all the best Dusterinmong

Justfencing, I don't understand it either, but it seems everyone is trying to keep the price low, even though the company has great potential.

Maybe it's to stop investors making too much money and brokers and MMs not making enough, yes I think if the spread were narrower volatility would be higher, but that woud mean that investors could buy in, wait for a big jump then get out quick to make a quick kill.

More sells might make the price go up, but as soon as investors cash in, especially on big buys, that would make the price fall rapidly again, and so on, the price would be bouncing up and down too much, some stability is needed. Maybe the wide spread helps.

Good advice dusterinmong

Good answer

my answer was for napalm1, who asked what it is.

why it can be so wide and change so often, i don't know, i can only guess. i'd imagine the market makers, who i don't fully understand yet, have some reason to make it that way.

but what ever their real reasons are i think it has a few effects.

it discourages people from selling after they've bought, because if the spread is wide it could take a while till they can make a profit, so they hang on.

it could be used to catch out hapless investors who buy in on a whim. they can't take the roller coaster ride (especially with something like neo) and panic and sell as soon as the price goes down for fear of losing more money, or they hang on after they've gone through that dive but sell too soon as the price gets near to what they paid in the first place, they get out because they **** themselves and cut and run. either way it means that many people sell up before they make a profit as the ask price seems so far away. which i suppose makes market makers and brokers more money as they get the shares back at a discount.

napalm1. it's the difference between the bid (sell price) and the ask (buy price)

this is set by people called market makers, they are bit like wholesalers, this price is based on many things, market sentiment, volumes of sales and purchases, and other details of the company like past performance, future expectations, and debt.

these prices have to be different, and the bid price has to be lower, if not you could buy some shares then sell them straight away and make money.

the actual price you pay or get is somewher in between, a request to sell is nearer the bid price, a request to buy is nearer the ask price.

the actual price you pay is set by brokers at the moment you try to buy or sell, they have x amount of shares to get rid of, if they can't get rid of them they will quote a lower sell price, if many people are trying to buy they will quote a higher price. if you place a limit on your buy or sell price you may never even sell or buy.

it means that usually the more people that buy, the price goes up, the more peple that sell, the price goes down, it is like supply and demand, if everyone wants the shares then there are less to go around, so they become relatively more valuable, if everyone sells there are lots to go around, so more difficult to get rid of and so less valuable.

how these figures are arrived at is much more complicated than the above explanation, so these bid prices, ask prices, and quoted prices don't always make sense to us.

why is the spread important? for me, it mainly means that if the spread is very big when you buy, then it takes much more upward movemnt to recover your initial outlay.

if the spread is 2p then the price rises by 3p then your in profit, if the sprad is 15p then the price needs to rise by at least that much to break even, so your wait to get into profit might be longer. and that doesn't take into account any charges you may have paid.

looking at the spread can help you to decide to buy now or wait till it gets narrower.

the problem with neo is that the spread moves around a lot , almost by the minute.

i hope that helps.

if anyone has a problem with my explanation don't take the ****, just politely put it right with a better explanation.