Member Info for P119

Sen I agree. I always hope Ice is correct but I suspect the majority of what he/she says will prove not to be. My bet is JO will be closest. With months of speculation all I hope is the result is better than petrofac! Good luck to all and whatever the outcome the conviction you all have shown to your views is admirable whatever the outcome. Gla

Humster agree. A RNS costs money. Every piece of info might be of interest but imo does not fit the RNS 'RULES'.

Patience is needed by all.

Lav thanks for the link. One poster comment was 4500 tons so far. If that's 75 truck loads that's 60 tons per truck. Is that a bit high? Not doubting anything as possibly more than 75 truck loads now but 60 tons per truck on an African highway of about 900kms? Whatever, this is great news. Shows can be done with excellent organisation, and a good advert for Cote d'Ivoire and their infrastructure.

A sad saga. My first ever post was on this site. An investor at the time for a few years but did manage to be accused as a shorter as thought at the time the sudden share rise was over done. I should have listened to myself! Oh well we win some hopefully, and lose. Maybe will see some of you on Wood. Another 'exciting' week there.

We've lost money albeit did sell out last year. About the sametime as PCVet. Very sad for us but spare a thought for the staff. I am sure like me some of you filtered the trolls perhaps even the unashamed rampers who spouted just as much dangerous c..p. However I often think the views of some should be heard. Gives another side to things. Although thought Snapper was wrong kept his open. Snapper as you say job done.

Good luck to you all and whatever your views. It's been a fun ride at times, the day the SFO agreement sent the shares rocketing for a short time for example! The negs, will leave those in the bin. Bye.

I understand the urge to try and combat the trash that gets posted but please please when countering them if you do it time and again you begin to look as stupid as them. Sorry bfd had enough. Into the green box with the greatest reluctance

First the vote. I suspect pi's misunderstanding what was being asked. Feeling bitter and twisted and not realing the consequences.

Whatever the outcome now at least am sure has lifted the spirits of the pi's even if short term. Saying that what a good idea, now which bottle looks most inviting. Should sleep well tonight.

Daz hope you are right but got some super glue in case cracks appear.

Shafting shareholders can come back and bite you! Looks like the bond holders will be joining us. The knackers yard awaits pfc. Sadly the employees 😞 are going to have a worrying time too. What a mess. Wood doesn't look much better.

Sadly during a thin market a big seller has this effect. Even if the vast majority are bullish if someone wants their cash back down we go. Not mkt manipulation albeit has the same effect. Very unfortunate until it's over.

Nana4 not sure what's going on as have a row of green boxes today. Responding to the idiots makes it worse.

0.45p . You are forgetting one thing. It is not all of Kod we are talking about. So forget selling you kod holding for a possible takeover price. It's just our remaining share of the mine they will want. The proceeds could then be used by kod in a variety of ways. The names of the two entities tends to confuse

We knew last week the spod was finally on the move. Monday was merely a knee jerk reaction imo seeing a kodal rns. The share range is 10% plus up since a week ago. That actually is good. Some seem to lose a sense of reality. I think will gradually increase till mid Dec but not expecting fireworks. Just a few percent perhaps. Then as the cash rolls in and can been seen all working well.... who knows what's in store for us. With luck Santa will lend a hand.

This is not about algorithm bots used extensively by traders within the main indices. It's about presumably manually generated trades that are executed in a series of multi buys and sells at exactly the sametime to the split second.

Most if not on nearly every day there are a few trades of this nature. There do not appear to be especially large .

They appear to be transacted at the top and bottom prices of the price spread at the time. During periods of low volume which currently seems to be most days the b/o spread can exceed 10%. The following example I have made up illustrates my dillema as to why such trades are used here.

Let's assume the trade is for a net buy of 400,000 shares. The price spread is 0.30-33p, a similar spread to that at the time of writing albeit price maybe slightly different currently. The trade goes through in a series of multi buys and sells. Virtually always at the top and bottom of the spread. Let's assume the sells total 100,000 shares and buys 500,000. Therefore 500000 buys at 0.33p = £1650, the sells £100000at 0.30p = £300 ie a net cost of £1350. That ignoring charges of course averages at 0.3375 per share.

However as is usually the case the actual dealing buy price is somewhere near the middle. Let's assume 0.32p( I am using a real example of prices yesterday). If transacted in one trade that's 400000 at 0.32p = £1280.

I have worked out about a dozen of these in recent days. The result is the same. I find it difficult to think the buyer/seller is that daft in thinking this is the best way to trade. I can only think it's me. What am I missing. Can anyone explain? I was given an answer by the way some time ago which said it was to keep the price stable during a large transaction. In these cases frankly that is rubbish imo. As I said at the start these transactions are not particularly large in net volume . Thanks.

Thought would reply to myself of yesterday. Was convinced spod to port would not start till month end or early November. Great news that am wrong. . If coincides in coming weeks with spod price rise the delay will be worth it.

Don't want to put a dampener on things but would be surprised if delivering to the Port commences before the month end. Then say 70 lorries back and forth my guess would be first cargo to sea December at earliest. After that steady progress until the 2026 rains.

A question raised this morning. Will the shares be relisted. 100% yes. As soon as accounts issued. For how long remains the question. It's what we are all waiting for.

Up2 no news you say. What about recent AGM and investor presentation. Have you been asleep or are you another trouble maker.

With such a large b/o spread today the system generated 'guess' as to type of transaction is likely to be inaccurate, probably showing the majority of buys as sells

Time and again there is a threat of blocking some of posters where blatant lies are portrayed as fact. Just do it. Must admit has tied up things a bit for me.

However there are always two sides to a story. There is actually a positive in the reponses. For those like me who know little of mining and pre Hainan involvement learn alot from many explanations given.

Portypara the buy sell stats are system generated not on fact but an estimate or guess 🤔 as I like to think of it. So if like today the b/o is 0.27p-0.30p

then a buy at 0.2824p is closer to the bid price and will be shown as such. If you look at prices on days of low volume and a high spread this will be a common feature. In reality I often think such a wide spread is a nonsense as few buys unless very small tend to fall within the lower price range and are thus incorrectly reported. However the MM's want to make money so a small trade will not attract a competitive buy price. My broker also has an mm arm and often it's fixed price offer is quite close to the bid price( presumably trying to off load quickly especially after 4pm and nearly all my buys show as a sell in these circumstances. Picking a good broker can save you alot. Maybe not on fees but how you can trade with them.