Member Info for LTbeliever

whatever it is, it's positive because it shows confidence in the Co's prospects by whoever bought this stake. And removes more shares off the market (even if just buying it off another insider).
If it's options exercised, even better because we get cash @0.10 (so, quite unlikely for someone to buy now, below the XP).

that's a 3.7% share capital trade so a TR1 will have to be issued soon; not a sell in the open market but definitely an insider trading i.e. an existing holder has either added to their stake by buying out another insider's stake (thus, no effect on the SP) or perhaps some options have been exercised? Unlikely that it is a BUY in the open market because the SP would have jumped. IMO

Thanks ALB, good to know that you are feeling our pain, it's really soothing.

So what ALB? We will then buy in too at 0.25.
If it flies, we make money; if it drops, we buy more at a lower SP.

let them soak up any sales by perpetual moaner-sellers;
Maybe our new buyer is trying to get over 3%?

haha, well done ALB, no typos today!
Your prediction is still a bit off, let's hope it stays like that; 6 days to go before the big news (whatever these may be).
GLA

Nice one! Maybe this is why there are 2 huge trades over at DVRG, and the SP jump?
Or could it be due to another big contract expected? We will know soon.

I think we need a couple of years before MSYS becomes a household name for pollution monitoring etc but we are getting there slowly; and once it takes off, there's no going back to obscurity. IMO

Exactly right.

Thanks NU,

As I said, expect the SP to be at 0.20 by Xmas and 0.50 next year, so any spare cash I get it will be heading in this direction.

Obviously, the new buyer (2.97%) didn't jump in blindly, right?
Anyway, I think there is support in the range of 0.05-0.06p, and until news are out the SP will be range bound - IMO.
I said earlier that profit taking is not unreasonable after a 50% jump (from 0.037); but it gives people opportunities to jump in before news are out (which will be positive).

Also, technical indicators point to an oversold status, so if 3-4 big BUYS go through, the MM can get caught out so the SP could rise to 0.80. IMO

"normal" prices are 0.70-0.72 (SELL/BUY) so I think the "jump" is just technical i.e. based on the actual sale @0.67, the 11% rise merely reflects the "restoring" of the price range 0.70-0.75 (0.75-0.67/0.67).
The essence is that you can sell at 0.70, BUY at 0.72 appx.

the good thing about the EPC RNS (when it comes) is that it may not be necessarily issued at 7am, it could just as well be issued at 9-10-11 am; this way shorters wll be caught flatfooted.

my doomed what?? hahaha

ALB,
Yes, repatriating you would be a great idea since your level of english betrays the fact that you are in a boiler room (look it up) somewhere in ex USSR - China maybe.
You don't know the difference between expropriation and repatriation, mothballing and "mouthballing", so tell your paymaster (look it up) to pay for some courses for you.

Some delays due to Covid in China after August (to New Year) but I think after that and for the past few weeks the Chinese are playing hardball, probably to squeeze more profit out of the contract.
Good thing with China's economy not booming, especially construction and now with the global economy expected to deflate, SEPCO might be running out of alternatives?
We will know soon IMO, as excuses are running out.
The bottom line is - all parties (KP2, RoC Minister, Chinese etc) have invested a lot of time/money etc in this project to just let it fall through; a compromise should be in everyone's best interest. IMO

B.velli,
Yes, it is a risk but considering what's going on in the markets, the fact that the Chinese own 10% of KP2, the Oman sovereign fund owns another big chunk, Australians, Chileans etc, I am saying that RoC would not risk to expropriate these investors and enter into lengthy legal battles with half the world.
Yes, the RoC Minister is pi...d off with the delay (like all of us) and he has to sabre rattling so as to keep the pressure on the Board but this is different from actually pressing the nuclear button (of no return). IMO.
They are desperate for the mine to kick off but will expropriation speed things up?

That makes a lot of business sense; why wait 5 years until Kola is built, to do something with DX?
Most benefit can be derived now, before Kola shoots off.

MM is absorbing the sells, despite the mkt upheaval;
We know that the bottom was probably 0.038, after Helium's departure; some small sells are due to fear but most PIs are holding on, now expecting a much better 2023; Banks, Oil will be most affected most by the current crisis, Environment/Health less so. IMO