Member Info for littlebricks

Is it me or have all today's post disappeared ?

Volume 4,240,258 with 2 - 1 buys. MM seem to be holding with a price range. If the buying continues could see us pushing higher.

Primus

The TEO is a Russian feasibility study ultimately leading to the determination of reserves in accordance with Russian requirements.

This will give a upgraded resource value with extraction costs plus environment studies. It will give us an understanding of the current value, that is why it is so important.

It is the key to opening the treasure box.

It has been a great week for AMC without a major RNS. This weeks volume has been many times it average, which has in turn increased the share price. I hope this continues today.

With news due on several fronts, looking forward to a steady rise and the TEO which will give us a new trading range IMO.

With all this info it de risks AMC ready to be snapped up by a larger player. IMO an offer between 50p - 75p may be a good starting point.

Tuckman reference to EUA was just a little light hearted comment. It seems NN can get their hands on cash to buy up any resources Russia needs or wants to control. It would not surprise me if the take out both AMC and EUA over the next year.

Sorry guys thats to buy EUA, I guess if there is some change left they could snap up AMC aswell ;) GLA

Volume is picking up again 35,837,193 lets hope the price follows....

Road funding still waiting for regional funding update, could be tied into TEO, Lots of news coming before 2021.

RNS taking shares, BOD must be confident to take the shares, they could have taken some in cash from NRR deposit, market has reacted well in a rather bear market.

19,454,493 volume has now drop back to the 60 day average. Techicals upto 200 signal a buy

Exponential Moving Average (5) 2.37 Buy
Simple Moving Average (5) 2.44 Buy
Exponential Moving Average (10) 2.24 Buy
Simple Moving Average (10) 2.19 Buy
Exponential Moving Average (20) 2.10 Buy
Simple Moving Average (20) 1.98 Buy
Exponential Moving Average (30) 2.05 Buy
Simple Moving Average (30) 1.93 Buy
Exponential Moving Average (50) 2.01 Buy
Simple Moving Average (50) 2.05 Buy
Exponential Moving Average (100) 1.90 Buy
Simple Moving Average (100) 1.88 Buy
Exponential Moving Average (200) 1.86 Buy
Simple Moving Average (200) 1.66 Buy

I can not find any mention of Rhodium.

When AMC were drilling, the main focus was always on Nickel, and with money short the Labs did not look for other rare metals.

With refinement improving all the time, perhaps it will be viable to wash out the rare metals.

So an RNS clearing out the dead wood, market seems happy with it. If he is replaced with someone with connection to Glencore or another large miner, that mite give us a clue to which way we are heading production or sale.

Certainly getting more interesting, volume is down today 18,101,590 @11.20

Morning Primus

AMC is the king of spread, you are spot on there. Spread is normally dictated by liquidity and volume. With a normal volume of around 25 million a day, but quite often less MM up the spread to 10% +. In the last 2 days with volume increasing 5 fold the spread narrowed to about 2%.

This is the norm for AIM. Hope this helps

Seems the markets are looking positive today lets hope AMC has a blue day.

With 260m traded in the first 2 days this week, the highest volume I can find. At this time there does not seem to be anything driving the the turnover. We all know that we hold a large basket of metals and perhaps the market thinks this could be one of the next big plays.

I will continue to hold and add on the dips. GLA

bad timing 13-Oct-20 08:04:53 3.05 1,000,000 Buy* 2.43 2.49 30.50k

of trading price seems to have settled vol is still high at Volume 56,667,817 spread is also tight Bid 2.43 Ask 2.48

Hopefully buyers will return later or we discover what is driving this large volume.

Volume 34,484,042 Guess it was over bought yesterday and with no news people will be taking profits. I will add if price drops below 2.25

Weird prices at the mo
Bid 2.70
Ask 2.65
Bid Vol. 100,000
Ask Vol. 200

Always nice to take profit, out of interest where are you going to now ?

2 or 3 days like yesterday, should force some news. 1m has been traded in the first minute with a small drop.

With over 5 x normal daily volume there must be something happening in the background but as normal us PI are left guessing. There is not much clue to what will happen this morning with the bid and ask miles apart. Bid 2.00 Ask 3.00

Hope today we continue to rise, metals are positive this morning. GLA