Member Info for Legalwolf

I sold a number of my larger positions on the bell this morning. Prefer to be mostly in cash right now until its clearer which way the markets are going right now. Hopefully, they will bounce back, but the fall in Japan and some of the Tech stocks has been pretty wild.

Https://x.com/Share_Talk/status/1820402688523227312

Be lucky to get anything below 1.7p. No liquidity at those levels, although I still have an open order as well. I think anyone who wanted to sell following Sheffield JV debacle has had ample opportunity to do so. CMET are now drilling to expand the resource and NPV of the project, alongside financing and licencing discussions, so newsflow from hereon will likely be positive.

Should start to climb back up in anticipation of drilling results - the visuals will be good enough to create anticipation as we already have confirmed lab results. All imo and GLA

PFG - there's no stock below current price. I've been trying for the last month. Price has also held up today, which also tells its own story when nearly everything else is down. Accordingly, I've liquidated positions elsewhere today, but added here. I think if or once the markets settle, this should start to climb. But let's see.

RNS was encouraging in that it confirmed drilling to commence, seems they are finally getting very good co-operation from authorities and are progressing outstanding licences with GSMB, the new COO is on the ground and has commenced financing discussions. Also referred to construction in the first half of 2025. So if they get some progress on financing, then all systems are go again. All imo and GLA

Pre-feasibility study. LB has stated that they have commissioned one. It should set out all the project economics and will be needed to get financing.

These are the kind of questions that the PFS would answer, but of course we don't have one yet at He1.

I hold both as I believe they will both do well. In fact, I think HEX having a successful drill will really boost interest in both of them, as I think a lot of HEX profits will find their way into GEX. HEX's success post IPO has already created interest in GEX.

Smart play could be to go with HEX (HE1?) and then put those (hopefully) post operations profits into GEX - albeit paying a premium for GEX shares by that point. GEX has only around 60 million shares (when you exclude those locked in) and so should be the quickest mover of the lot, with HE1 being the slowest. GEX also has less offloading than we have had to contend with at HEX tbf.

But overall, I don't see it as a competition between them, more a case of us having choice as investors, which is great as AIM has been lacklustre for too long. I've already benefitted from HE1 and HEX, and already in profit in GEX, so the more the merrier as far as I am concerned.

Entering a very exciting period here and hopefully we will see a bounce in the share price once the seller(s) are out. GLA

"A sell made above the bid price will be reported as a buy.. and vice versa. People really need to understand this concept as it's not just practised or followed here on lse.. it's mostly everywhere where computers are used to report the trades."

I think what is confusing about this concept is that a sell is also a buy - they are two sides of the same transaction. So whilst the seller has sold above the bid, the buyer of those shares has bought below the ask. This is why the whole concept of sells and buys is difficult to comprehend, because every sell is a buy and vice versa.

The explanation about whether the transaction has taken place below or above the midpoint also creates difficulty. Often what happens is that when you see the time and sales on here, one transaction is reported as a sell, but another transaction at the same price and time, is reported as a buy. This is because the spread used in each trade changes.

Is this just different prints from different MMs, or can the spread (the bid and the ask) be changed at will depending on whether the MM wants the trade showing up as a sell or a buy?

Jungmana - 90 million is the float but I believe around 30 million are subject to a lock. So current free float is around 60 million.

Another troll thinking they are clever. Currently posting on three different share and all negative and full of expletives.

Oh dear, that's a heavy loss. Another bitter de-ramper. Not good for the mental health to dwell on such a loss and become toxic about the company. At least we know now why some are so negative all the time and can't tolerate anything positive being said. Like a jilted ex....

You can see some big buys that came in at the end. So clearly strong buying demand at these levels and that was a decent finish. This should, therefore, be the floor, because if someone was willing to take £25k at 3.25p (no wonder I couldn't get any sub 3.3p) then no way any more supply at those levels won't get taken up. So with a decent start on Monday, we can start to build back up towards 4 to 5p. Even for the traders - an opportunity to make 50% plus gains from these levels and in short time is one that I am sure many of them will take.

Hopefully there will be some more sensible and balanced discussion on here as well, as once the floor is set, there's little point the de-rampers wasting anymore time. All imo and GLA

Very difficult to get anything below 3.3p? I had NT so annoying.

Now NT to buy and Ask has gone up again!

Buyers are coming in. Bid and Ask have gone up, which is what we wanted to see at this gap test. A decent last half an hour and we should hopefully be there in terms of forming a bottom.

GDR have been far too quiet but then they've only just had the recommendation and will be liasing with parties in the background. Would hope they step up the PR now that the recommendation they were expecting is in the bag. So wouldn't be surprised at all to get news next week.

Great entry price coming up here for a run back up to 5p.

Once the bottom is in, we know the selling is done, and the move back up should be a lot quicker because all the sellers have jumped and it will just be mainly buying strength. The de-rampers will disappear or become cheerleaders all of a sudden and we can all look forward to more 10p posts.

Same thing happened with HE1 - just take a look at their chart. Interestingly, there were de-ramper posters who appeared to aid and abet the walk down in the share price. Stinks but that is the AIM Casino and you get all sorts of nefarious stuff going on. All imho

Gap being tested and holding so far. It held with HE1, so let's hope it does here. Great value at these levels so time to add me think. Hoping this will bounce back hard. GLA

There were also de-rampers on the He1 bb who aided and abetted the move down.

Bid and Ask going up again! Buying now and playing for the retest of 5p. This time knowing that a lot of the sellers have been cleared. We will soon be talking 10p again and the de-rampers will disappear. That's just the way it goes on AIM often. All imho and dyor

Bid and Ask going up again!

Lots of folk believe that they did this with HE1 recently. Taking it all the way down for no reason, and then it bounced back to previous heights. Expecting the same here and it's just a case of how cheap they will let you have them for during this bottoming process! All imo and dyor