RE: Daily volumes and 'unknowns'12 Aug 2025 21:46
It is all smoke and mirrors to disguise what is really going on.
For a start I had a buy today show as a sell.
Buys today shown as 482, 268 and sells shown as 723,340.
Unknowns usually show up after 4.30pm which today, these unknowns exceeded the buys and sells combined by quite a bit.
IMO these would mostly have been buys, so there would have been more buys than sells today.
There was more buys than sells shown yesterday, but it did not stop the price going down.
Greatland did not meet its past quarterly estimated production, but not by very much, due to the stockpile inherited from Newcrest being less % than what it was estimated to be, and a cyclone which may have flooded an area of the mine that could not be accessed for ore.
The production miss was minimal, and to stop it happening again a downward revision ( not by very much) was put in place.
Nothing much has changed with Greatland, but it now ends up down over 30% with blown out of proportion stuff, trying to get personal investors to sell their shares so the bigger fish can mop them up.
The future is bright, Havieron is world class, and Telfer will get there in time with its extensive drilling program.