Sapan Ghai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Our usual problem isn't it. In the absence of good news there are not enough buys to counteract our persistent heavy sellers. So with good news share goes up, no news or bad news share goes down, essentially 2 out of 3 scenarios result in share price falling. As mentioned by several others the company seem reluctant to issue good news so during the periods of silence our share price falls. This seems to happen no matter the macro economic developments.
I would be interested in further info regarding the above, what proportion of African countries support Russia in UN votes ?
Two 1,000,000 buys and the news about NS flow reduction might well put a rocket under the share price tomorrow. Having said that this share seems to have a will of its own otherwise it wouldn't be as cheap as it is now.
Big bad Bob
FXPO have their own rolling stock but if the lines and other infrastructure are being used to move grain WEST then there is competition for a limited resource, moving grain SOUTH will not cause an issue until we resume pellet exports by sea.
This also frees up capacity on the railway infrastructure thereby facilitating our exports to Europe.
No matter the sound fundamentals for this share as long as the big seller(s) are willing to sell we are stymied. Until the sellers run out of shares or see the sense in holding for a better price we just have to put up with it.
How so, everything that's happened recently has been positive for FXPO
"we are advancing efforts to increase seaborne exports and have made initial deliveries to customers." Did anyone else pick up on the above quote from Jim North at the end of the trading update?
Sounds like significant progress has been made already in resolving delivery issues.
This seems a rather odd decision, Kremenchuk has been hit by missiles in April and May so the justification for selling now looks flawed. Kremenchuk has a large railway depot/interchange and a train repair facility so could be seen as a valid infrastructure target (as was it's oil terminal) . Don't get how this could be seen as a threat to FXPO this time if it wasn't after the first two attacks.
Did this go XDiv today? The SP at open was not 5.5p down on yesterday's close, it has subsequently dropped more than that but the usual opening price adjustment doesn't seem to have happened.
It's time for you to be shown the door, your carer should be able to get you through it.
You is one sad teddy bear man, your point has been made several times before on this board, the responses from sensible posters have been consistent, missile strike on FXPO assets is very unlikely and the consequence of such (even if it did happen ) would be minimal. It's now been 100 days with no strike on FXPO assets, why would they be targeted now ??
Thank you to the sensible posters here, keep the faith.
Could the late drop just be as it was the last trading day of the month?
Dunderhead, I think you may have misunderstood the theme of Jemands post, what he is describing is the LOG Administrators actual position with regards to share loan notes and warrants, it was widely believed ( or at least by me) that it was the LOG Administrators that were our persistent heavy seller. As Jemand has demonstrated there is no need for them to do so, however that doesn't mean that it isn't them just that it doesn't have to be them.
Hope this clarifies.
Is that after WB has been given his 50% ?
These unknowns are buys as the buy price is 28p at the moment not 28.5p
Suggest you review the website for info regarding the locations of FXPO facilities.
Causing enough damage to reduce production of ore would require massive amounts of explosive . As previously posted this would in effect mine the ore for us so save us money on the explosive bill.
Looks like our big seller has changed tack a little in that the sells are smaller ( therefore more of them ) but looks like the number they want to sell per day has stayed the same, let's hope our big buyer steps in this afternoon.