Member Info for PIface

Its defintely upward pressure but at mo bid 22.5 ask 24 quite wide spread (2 on bid 4 on ask). The demand should see someone jump in at 23 bid but I'm expecting 23.5 ask from experience here. Hope not this time.

https://www.proactiveinvestors.co.uk/companies/news/215124/kodal-minerals-continues-to-pursue-mining-licence-application-in-mali-215124.html

So got a decent sized asset in Boughouni maybe 2 billion or more worth in a following wind if prices rise a bit with demand (potentially a lot more). Then the gold prospects or any by products. Mining licence seen as an inflection point. Sinohydro may be just the people to ensure in a difficult geopolitical setting. Then exploration companies don't sit still they look for the next project so a decent share to own I feel for long term with potential for quick uplift.

peel just moved to 24 on ask so tick up

Two have broken to the higher bid of 22.5 whereas 4 were on 22 for quite a while. A smallish sell just went through at 22.83 which does counter the kopf theory that half the buys are sells somewhat.

Peel been on 23.5 since 8.11 the rest are on 24 or above for ask. There is fewer lined up on bid than was earlier. Peel are the ones suspected of having a seller I believe. They have been noticeably pegging the ask down for a while.

Exactly if the sells are above SP it still indicates upward pressure either way so bit of a moot point to argue if they are technically sells, shows MM need the shares still. I have live prices but with no reds going through hard to tell exactly but depends on your broker, accuracy of your live price etc.

Seems like the placing has anchored the sp a fair bit. Maybe why Bod might have preferred announce flanks after their release date on 31st.

I do think forward selling of a portion could have happened and some retained. Potentially they made a 20 percent instant profit though which any ii would love.

Sounds right they don't all come at once a lot of prep work. Likely might get sulphide indications first any time.

Studied the prices bb and yes all buys it went up 1.1 percent and all blue.

Maybe the ii wanted 5 million dollars worth but eua wanted to sell 10 so they just selling back down on the basis that the extra 5 million will have helped fund wk expansion and other project costs. As well as adding the kudos of an ii that some commentators look for in these situations.

43 trades still no sells. Come on MM you'll run out of these soon whack the ask up.

Last 2 days so much more bought than sold. Shares on top risers board don't have the same demand. Surely has to rise today.

ooh matron

4million bought, 1.5mil sold so not just you I think

Richard is Takeover Panel Reporting Lead at UBS. Wendy is in Regulatory Reporting. I think Richard has stepped in like a good leader. I thought he might be ex SAS but turns out he's from the Open University. Good luck Richard.

just got email from lsx

I had a go at a small limit buy this am on announcement of FSP (underplayed) but the price of 1.48 was not met despite some trades going through for less after (thanks X-O you excelled again).

I find it hard to work out if it will/might be a premium sale or distressed one. Company talks of profits but sheet shows losses. Maybe that's to do with exceptional costs of the FCA restitution. Good revenue with growth could see that putting company valuation beyond mcap if generous mutliples used, not so much with the bottom line figure. From the limited share chat I think 120p would have been a better buy in point and the fsp was not a surprise so may already be well priced in.

Finance directors resigning suddenly I never see as a good sign but maybe that would be expected. I'll keep watching this out of interest.

Anyway I put the money into Rockfire Resources instead fingers crossed on deep drilling results after rising recently. A top up.

Confident sized buys this morning. Yesterday's rise was encouraging as we moved above the recent placing price.

I had a top up. Weighing up between 6 or 7 options put it here as news due and potentially game changing push us beyond the 2.3p high and maybe x times

So we have a few rampers so what nowt wrong with a bit of hubris. What's worse is the board police dragging everyone down with negative views and baseless smears. Type of people hang around the village pub every night propping up the bar slowly putting other customers off. Was great strategic news yesterday and should build from the low base here with the Chinese partners. The key worry would be African politics but it's covered in the interview and the Chinese know how to do business in Africa if anyone does and will want the product.

Stop coming out with crap like it's twitter pump and dump when there has been solid news/progress just gives everyone a bad name.

80% of new business fail and AIM is for newer enterprises. The skill is picking winners and timing don't get miserable if you can't manage it yourself.

This actually opened about level with market makers but the ut last night made it look like more of a rise yesterday. Hope it doesn't cause a sell off.

Definite echoes of eua with the sino partner. Echoes of hzm with the same. If you are down here and know the story could be good time to average down rather than sit hoping. Any weathered share has naysayers like eua did and does. Its not a pump and dump its a massive strategic development in an RNS as far as I can tell. Definitely worth punt money.