AIM’s MMs’ mysterious mechanisms for share-pricing, Jim; never understood why a few thousand pounds’ worth of sells can cause a price to tank by 10%, whereas thousands of pounds’ worth - no increase!
It is the big known unknown: until it’s categorically declared by the BoD that we remain fully funded to achieve the upcoming milestones - perhaps deliverable over the next year - then that millstone will firmly pin us down.
Based on Keras’s up-and-down - mostly the latter - with Togo’s manganese-extraction approval, I shall interpret today’s huge surge as a one-off event, based on nothing more than an unusually large amount of buying - until it’s substantiated in an RNS.
Pinecone, With the Chirpster’s link showing that the phosphate-rock price has nearly doubled within a year, would that not equate to a higher selling price for our product? I have no idea how it is priced.
Keep in mind that we are selling below market-price in order to win business from our competitors; does anyone know for how much we sell a ton of our phosphate - I see only production costs in the Diamond Creek presentation?
Sammy, Haven’t yet seen Southwesterner post on this board, nor Cornishknocker - would be a fillip to obtain their expert insights on this sleeping giant.