Member Info for london_

Unless someone accumulates, I think you're right.

Infill drilling results - will this move the price much?

I guess if it looks like the indicted resource is excellent and permitting is likely, it will move north before the PFS?

Yep, on the way back up. 6.4 to sell on HL now.

It was 5.9 on the open.

The PFS is about a year away?

Baron's latest post saying that yesterday was the most ever traded in SML's history

i've been here before, with people on boards making sky high estimates on where the sp could go based on back of *** packet calculations.

so i'm also wary.

for me, the nature of the critical metal shortages, the jurisdiction of redmoor, the current board, the recent results, the proximity to tun, the impact the recent raises had on the sp, and the recent increase in trades in the higher amounts adds confidence.

Are these BIG SP predictions based on Redmoor being in production? Or in the lead up to?

Would someone build a position by purchasing blocks of shares of, say, 250,000 (shares, not pounds)?

Real right spread on HL.

6.54 to sell, 6.6 to buy.

It'll be interesting. I feel like a position is being built.

Lots of trades worth £10-20k + going through each day.

Still being offered over 6.3 to sell right now on HL.

I'm being offered 6.35 to sell.

But then you consider 40 million is being churned every day in average, that's a lot of shares.

I've said it before, but the £10k + trades are very frequent. The interest is growing and growing.

Definitely looks like the chunkier traders (£10k +) are showing up more often! Interest is growing.

The other 3 trades of about 4 million total were sells, so matches the volume of the earlier big buy, roughly.

Shares traded.

About double the 30-day average

What news is due in the near future?

Known:

- Broker SP target

- Cobre results

- LC sale news

- Infill drilling - updates. When might the first set of results be expected?

Was there any word on what the most recent cash my go towards (I believe the raise prior to this paid for everything for the PFS)

Potential:

- Any extension to the exploration area on Duchy of Cornwall land

- Any increased holdings

According the AI, average daily trading volume

30 day: ~41 million

60 day: ~29 million

That's trading days.

So about 1.2 billion shares traded in the last 30 trading days.

The price moved down Friday, just before close. If you forget that short timeframe, the price hasn't really moved at all.

Has there been any word on what the most recent £4.5 million is being used for?