Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Persimmon, you said:
"In fact I think our income taxes should be raised at least 10% to accommodate them all"
Why don't you request the HMRC that you will personaly pay at least 10% more of your tax and they can come and live in your house:)
cjmorley, you explained:-
Please stop this conspiracy nonsense.
The buy/sell info is supplied by a third party company to web sites like this (LSE) they get their info from the London exchange. And based on the trade price and the mid point of the spread they give a best guess as to a buy or sell.
Now stop and think.........
The data they see is after the event. SEDOL wil auto adjust the spread on each transaction. So if the traded price is close to the mid-point at the moment of transaction it is actually likely to be miss interpreted as the new midpoint is changed before the third party get the data. albeit only seconds later.
So we have all that complication and guestimating to decide if it's a "buy" or "sell", when some IT person couldn't come up with a system that says when you press "buy" it registers it as "buy", or you press "sell" and registers it as a "sell"???
MCCO and NOVA
It's a bit more complicated.
If the bid and ask are showing 0.75 and 0.8 then 0.775 is the mid. But any time you look at the bid and ask as 0.75 and 0.8 and go in to buy or sell, the actual bid and ask can be anything inbetween i.e. 0.76 and 0.8 or 0.75 and 0.78.
Personally I don't take much notice. There are plenty of times buys show as sells and vice versa, when it's obviously wrong.
Olderwiser
You say "Also reason to believe as low as half of the 150BOPD/1000ft will be viable"
but if we get results of "half of the 150BOPD/1000ft" what will the MMs do to the SP - OUCH ! :(
I'm invested here and hope results are nearer 150BOPD/1000ft ffs