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This sounds an awful lot like copper. Supply shortages. Increased price.

PC. I think most would be happy with 2-3p, maybe 5p (for a moment) if things go mental. For now at least.

NED appointed on the 3rd.

ML Active on 4th.

ML showing active yesterday on the portal.

Surely the HE1 team are going to package up a big old the next RNS with more than just 'ML Active'

I've changed my tune. Was quoted .986p to buy £500 worth. So maybe, in fact, a lot of red is blue. ASK is below the mid price on HL

It's a very tight spread today then!

Actually, maybe the real spread is tiny and the ASK has dropped just below a penny

I agree - but based on what HL has been telling me, I'd say a lot of these reds are reds.

Not a lot of blue going through. Could they be building some stock or working some larger trades before close or start of next week?

Lots of, what I think is, legimate red.

And some big trades too.

Is this MMs building a bit of a base with anticipation of the next step?

I assume that will need financing before the wells are drilled?

So hopefully JV or financing announced in this quarter.

And over time it's seeing if there is more in there to be extracted and processed that expected

What sort of value do you think the MCap would be with the lower end of the estimate?

MMs happy to take some shares here?

Will there be an RNS to confirm that the ML has moved to 'Active'?

Is the NED appointment a sign that there's still (a lot) of work to be done on JV or financing? Or is it a sign that those things are almost ready to go?

I feel we are on the cusp of transformational news and thus SP movement.

Also, in the blue for the day.

I believe a lot of red is actually blue.

And also no RNS for the wider market to be aware of news

Pretty sure most of these trades at 1.006ish are busy.

Sent to get a quote, the delivery man rang the doorbell and I accidentally hit sell on HL app. OOps lol

Sorry, I meant 1.007p not 1.07

Accidentally sold 300,000 on HL when looking at the current price. Shown as a sale at .986p

bought back at 1.0075. Shown as a sale.

Bought another £500 worth at 1.07. Shown as a sale.

So quite a bit of red today might be actually blue.

CP - wouldn't this news have to be RNS'd now that it's 'live'?

When will this RNS pop and the news articles online to follow?

Will it just be the ML Active today, or will there be more?

This could be the explosion of news and SP that so many holders have been waiting for over the last year +

Probably so!

Easy money for the MM's when they can turn over a couple of million shares in an afternoon.