Member Info for Nigel50

10% spread indicated for today. It's no wonder it's hard to get the average down if the buy price seems stuck at 8.5p.

Roll on some good news.

No 50k, 100k or 150k sells today. Not many buys either.

I have been trying to reduce my average but reached the point where I got bored trying, it doesn't seem easy on T212.

Given so few trades, I would be surprised if it's that soon. Would expect a few big buys if it was imminent.

517k sold today, 5k bought.

What is going on, you could easily think we are expecting bad news not good

I'm not doubting that may be happening but to do that on the supposedly verge of a decent share price increase ?

Must be a chance of a sub 2p share price whilst waiting for news

26 sells over 50,000 in the last week.

To be honest, I just don't get it at all. Putting in 50 or 100 thousand each and every day, may be a bit more seems very odd way to go about it, especially now. When nothing is happening, these amounts seem fair enough, maintain the SP but for a share that would rise but for your actions, I don't understand it.

It must be in their interest to get as much as possible for each share and if they just left it a couple of days, let the SP get above ten and get a penny or more on each transaction for the considerable number of shares they own. 50000 X 10p = £5000, 50000 X 8p = £4000. That's going to be a sizable difference over a number of days.

By selling in the way they have done results in a prolonged suppression of the share price to their financial detriment. Unless of course ........

Any idea what was behind today's fall ?

I would have thought if you had that many you would be in the know ?

Someone, same person? Regularly sells on opening

I did think it odd how 400,000 shares were sold close together yesterday afternoon if news was imminent.

There is a whole army of individual investors for Prem and Kodal on platforms like t212. They will defend those shares to the death it seems.

Just the mining today is enough for a surge in some shares.

TM1 just sits below the radar, almost invisible.

Today roughly 1.1 million shares sold.

550k bought.

Share price fell.

Not exactly what you might expect for a share with good news not far away ? Were there any 50k sold trades today, I see there were some 100k.

If I compare this with the behaviour of some of the lithium shares, they seem to be much more fact or rumour or production imminent sensitive.

The TM1 share price is briefly mentioned in that.

Last week it rose 12% without any help of company announcements. People must be buying into the potential before any substantial announcement/SP increase.

I'm going for 2.55p/ 2.6p end of next week without further news.

Out of interest, if there was substantial news, how does the share price go up 0.5p or 1p ? What are the mechanics for that happening ?

Wonder how low this will go before the bounce takes place.

The flooding in the region cost a number of lives and damage has been substantial.

Those trades shown as 0.63p might be sells ?

I think it's easy to view this through just Prems eyes but what would you be facing if you were canmex

For Canmex to walk away seemingly close to production would mean

- finding another supplier as advanced or risk further delays

- finding a supplier with spare output (not already sold)

- legal fees, due diligence,site visits

Right now if you have lithium which lots of people want (won't have to try hard to sell it) should be easy to find someone to take it but at what contract cost.

I have gone from doom and gloom to thinking it's not ideal but long term despite GR, feel more confident than at times last week. Everyone knows more but is what we know accurate/realistic

From 50 mins 26 secs if you want a listen

https://embeds.audioboom.com/posts/8308212-the-sunday-roast-featuring-kendrick-resources-lse-ken-ken-tm1-glr-xtr-alba-groc-chll-vr/embed/hero?link_color=55ACEE&source=twitter_card&utm_content=card&utm_medium=social&utm_source=twitter

Whether that ford article was only for china based readers but looks like supply coming from within china ?

In fairness, that wasnt a tweet from the canmax CEO but something from Jan.

The details quoted from Canmax re ford doesn't mention Prem.

Sorry, 3 million.

Why can't you edit posts ?