Firering Strategic Minerals: From explorer to producer. Watch the video here.
You just contradicted yourself SB2023: ‘ If the orion deal doesn't go through that leaves us in a bit of a pickle to say the least.’
You seem to be trying to make out there’s some possibility it wont.
No matter how much you protest to the contrary, you Sir 💯 have an agenda here and are no new investor.
The more I think about it, the more I think that the big money are more likely to build a position here than they are sub 2p. Reason being is by hovering above 2p, there's enough fear to ward off most retail holders (i.e. 'best not invest here as it will probably drop to 1's) and also a reason to sell (i.e. best sell here in case it goes into the 1's).
Clearly there's little they can do about us LTH's except try and hold us underwater (for those that are) for long enough to see if we sell.
Apparently someone on Twitter reckons shorters are scrambling to try and close out their position/s here. Apparently they might be trapped…what a lovely thought.
I’m sceptical of this, who in the right mind would short here?
Makes sense our deramper friends are a little quieter though if true.
Above the 8 DMA, which importantly is sloping upwards. We also have positive momentum with the daily stoch above 20 and the control line, weekly has tagged the 0 line and also above control line.
Need to close above 50 DMA for things to get more interesting here and get the traders flocking. That’s about 3p, so won’t take much.
You are Steve G also on Twitter and your questions on there mirrored what you have put on here (I.e new to BMN, but looking at other AIM companies), so please don’t insult our intelligence and say otherwise.
As Pdub says, if you perhaps represent BMN or an associated business acting on their behalf it would be useful to be aware of this and will help to build trust.
Either way, a single profile on here is all that is required and indeed allowed.
Ah - so this is where the smart money gets involved, looking good from here on then. I’m not saying we re-rate higher up in short order, but now the big moneys involved and weak retail hands have been shaken out we are so much stronger here.
Be interesting to see the markets response tomorrow, obviously bullish they haven’t been a seller to date. It’s almost as if they are waiting for a better return, which really isn’t unlike most II’s, whom are far more patient than the average AIM retail punter.
Feels like the bottom here, especially considering the promoting going on Twitter straight after the new shares were issued. They want the SP to re-rate now IMO.
TrevorBrooking - That could well be the point the II's step in. There was talk of additional liquidity being required by the company. With a structural deficit in V less than 1.5 years away, there will be no shortage of II's ready to fund IMO.
That's IF it's required of course. The BOD did say they wanted to avoid dilution at the expense of shareholders, could always be a raise at a premium to current SP.
Zaskar - Ok, yeah, possibly, but unlikely. If it was heading for zero we would have kept the same CEO IMO, they wouldn't have bothered with the change. New CEO is bullish, especially with Craig's experience and background. Ask yourself how many AIM companies have that level of experience at the helm - answer - Not Many.
In for another 197k shares for my sins, final sizable (for me) top up taking my ISA holding to 963k shares (£0.06 average) and SIPP already at 1.2m (£0.075 average). Happy with my level of exposure here now. I wanted to have close to 1m shares in the ISA and have nearly achieved that goal. I'll top up to 1m in December at what ever the prevailing SP is at the time.
Figure at this point the risk reward is probably worth it. Maybe we do end up going below 2p, but equally the risk is we go higher and then I'd miss out on the cheap top up. Anyway, as I've clearly said I don't care much for what happens to the SP short term, this is a 'get rich slowly' play and some of us know that more than others perhaps.