Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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.
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
Still there today.
Any updates ? All seems very quiet
Good bye to 9p..... unfortunately not today it seems, perhaps it has just triggered another wave of selling and looks like the buys are much smaller as the morning has gone on
Few details here
Out of interest, why wasn't this promoted in an RNS ?
I look on the T212 forum and it's Prem and Kodal dominated. Prem had a whole weekend of publicity.
Tm1 is very quiet by comparison.
https://www-marketscreener-com.cdn.ampproject.org/v/s/www.marketscreener.com/amp/quote/stock/GLOBAL-BATTERY-METALS-LTD-56171643/news/Global-Battery-Metals-Announces-Start-of-Drill-Program-at-Leinster-Lithium-Project-in-Ireland-43818195/?amp_gsa=1&_js_v=a9&usqp=mq331AQIUAKwASCAAgM%3D#amp_tf=From%20%251%24s&aoh=16838232896898&referrer=https%3A%2F%2Fwww.google.com&share=https%3A%2F%2Fwww.marketscreener.com%2Fquote%2Fstock%2FGLOBAL-BATTERY-METALS-LTD-56171643%2Fnews%2FGlobal-Battery-Metals-Announces-Start-of-Drill-Program-at-Leinster-Lithium-Project-in-Ireland-43818195%2F
If there are 2 million shares to be sold, that's 20 days at 100,000 plus there seem to be other big sellers.
It just doesn't make much sense to keep selling daily and depress the share price. Why not take a day off and let the price go up by a penny and restart, so you are a grand better off each sale day.
This doesn't make any sense to me
The latest RNS, did that need to be an RNS ?
Next week might be that Dave the work experience lad has passed his driving test theory and caught a 4lb perch while fishing with his mates on Sunday.... This is an attempt at humour but after the comments yesterday and then seeing an RNS today, was a bit underwhelming.