Member Info for london_

Question: assuming the trades over the last few days are buys, then are the MM's moving this down? When I buy, I tend to buy at whatever price I am being quoted. If it's a bit higher than the ASK I buy, and if it's a bit lower, I buy. Just asking due to MREX involvement with the CLN and being a MM too.

Thanks for the quality replies today Blu.

I've been saying it since the CLN was announced - it's a deal in favour of the II's that says "show us your thinking works and we'll invest. Otherwise we get our money back with minimal risk".

If the ESP doesn't work as they hope and Colorado is delayed (or worse), then there is no value in the company whatsoever.

I'm here for the punt at this point.

Why would TG issue a ML? It's not something that's handed out willy nilly - surely!

Franky - the mining license that has been awarded is keeping me here. If it was still just pure exploration, I'd be out. I'm down enough on cash here that I'm willing to lose - I'll stick around and see if it pans out positively over the next 3-6 months.

So the current status is: the site is economical, just not enough for the big boys to get involved (a bit like Colorado - it was big enough for a junior explorer like HE1, but not a big player). The site COULD be economical if the ESP shows promising results - and that is what all of this hinges on? If the CLN acts as a positive step or not?

Did Delonex get a mining license for the project that LB was involved with?

IMO, Galatica production + ESP results are the next bits of news that we know will be announced that should impact the price.

The spread has closed up massively. Lots of 1,000,000 + trades going through - if buys there might be a sign of something happening?!

If you're scared about your investments, pull your money out and let it sit safe in your savings account (maybe losing value vs inflation).

It's all quiet on here for now - shown by the trades in the last couple of days and amount of chat on this BB. Long term PI's know that there is news on the horizon that COULD be transformational (if Colorado gets into production and the ESP shows that the higher end of the resource estimate is feasible).

Is my confidence level as high as before ...... no.

But I am happy to sit this through with the potential upside - accepting that there could be a hell of a downside.

The quoted spread on here is massive - 16%.

There's been, at least 4 of these over the last few days. Someone stocking up?

Big old spread as it stands on LSE. Maybe not much available to buy atm?

Mon - Thu have all been between 106 and 112 million total shares traded. Just an odd consistency I noticed.

News to be waiting on:

- Any more on the CLN?

- Formal ML signing + more info?

- Commencing ESP + results (if ESP results are postitive then could see JV/improved financing - SP should increase nicely; if not??????)

- Plant setup and first gas in Colorado + more on how/why additional funds are needed? (should see a boost in SP as moving to be a producer)

It does seem that way. The occasional sudden rise or drop in the SP and then floating between a 5-8% spread once those increases/decreases happen

There were definitely a couple yesterday.

And maybe on Tuesday also.

Someone is loading their boots with shares - some big old purchases coming in over the last day or two.

That's a 7 million and 8 million share trade through today.

Purely from a PI hoping the price goes up perspective - maybe the CLN was an early agreement from the II's - "show us the concept works and can push out the upper estimates, and we'll support the project properly" kind of deal.

Stability - I agree. Maybe a little boost in SP.

But more importantly, the company officially moves into being a producer.

How many junior AIM explorers get to the point of having a regular income from production?