Member Info for Legalwolf

The weaker hands will get accumulated out. They are usually the same ones that then end up buying later on and higher up. Takes all types to make a market so it's all good. Not suprising to see that 12k come in at the end at 12p. Same buyers/forces will happily take up whatever shares weaker retail want to give them in the 11s.

It's great to see this start the week really strong. Would not surprise me at all to see 10p by close of week. Over 1000 trades again shows the appetite and attention on the stock is still huge. GLA

Just another shake - shares are wanted, as many as they can shakeout before we make a move out of this trading range. All the weaker hands need to go and before the next RNS lands.

This could close the week at 10p!

There's decent buying demand at these level but just need this seller(s) to dry up.

Up she goes into close. Should finish in the 6s at this rate. Sellers drying up and buyers taking over.

Now gone into AUCTION - 1000 trades already today. Crazy!

Bid going up and keeps going NT to buy for smaller amounts. 6p finish today could be on as looking like a late scramble for shares for the next leg up.

Bid gone up again and NT to buy - looks like it might make a late run for it.

How long will they take to go through?

None of the other sells got that price, and they were much smaller. So deffo a buy imho.

The bid has gone up so you could be right. If it closes strong, then we should see a VERY strong day tomorrow.

SH is actually being quite balanced. No RNS today means this permit thing is going to the wire for some reason. It was meant to be a straightforward process according to AH - 14 days is what it would take he once told us. It's now been months and still no permit.

AGM next week so time fast running out.

This is looking strong - has absorbed a lot of selling and is still threatening a breakout to new highs. Looks to me like it might be forming the handle in a C&H formation, which if so, would be very bullish. Could still breakdown, but looks more likely to be readying itself for another (big) leg up?

You just have to look at the very high volume that created this move up into the 12s, and then contrast it with the very low volume during this consolidation. Stock is being accumulated in this consolidation. They will take what they can in the upper 11s and the lower 12s. That's why the Doc was able to get a quote for selling 750k in one go.

The institutions are going to be hoovering up as much stock as they can at this level, and then do the same again at the next level, and the one after that!

It's another sign that there is a long way for this share price to run. Not surprising when you consider the incredible run of monthly newsflow coming here across all three projects. Things will really get exciting once we start drilling at El Pantano as well in October. We are being served the very best here and will soon all be saying the following (from the ole Ferrero Rocher ad):

"Monsieur BG, with all this newsflow you're really spoiling us!"

Looks like a very big buy to me - if you look at the trades for the last 5 days, I can't see how anyone could have got a big sell away for that price. For example, there was a sell for £43k at 11.48, so can't see how anyone managed to sell twice that amount for a higher price.

By the way, lots of other big buys last week as well in the 12s for large amounts. Some large buys again today, which shows that big money is acccumulating stock.

Maybe the two trollies are busy averaging down (again)?

Placing overhang - once cleared, this should make another multibagging move back up. Shouldn't be too much difficulty clearing it as placing was 4x oversubscribed and so there should be strong demand for shares at these levels.

I'm building a position ready for the reversal back up.

Hopefully we will have some contributors on here attending, and who might be good enough to post a summary of the meeting. In any case, it's normal to get a RNS by the following day to confirm Resolutions have been passed.

Other candidates might be GIM, GEIC, Olmec?

I think reference to "unique" product probably rules out it being a car manufacturer though?

Re GIM:

"In December 2024, during a visit to the Middle East, the prime minister Sir Keir Starmer announced that GIM had agreed to construct a factory in Saudi Arabia. This would be used to manufacture graphene for use in the country’s ambitious Neom giga-project, which plans to build futuristic eco-cities in the desert. He also heralded the investment of around £250m in building a research and innovation hub in Greater Manchester that will create 1,000 jobs as part of the deal. That is good news for Manchester, but it could have been so much better. Koncherry had wanted to build a factory in Manchester but couldn’t attract the funding."