Member Info for quindell

Thats another big buy - 900k at 1.75, 250k at 1.755, 300k at just under 1.74, yes there have been some sells in between but the overall trend is positive, 9.3m buys today and 3.7m sells, sooner or later this is really going to explode! We haven't even got started yet

At 1.74p as expected, these round trades are no coincidence don't forget!

7 million buys (including Nex) and 1.6m sells. I expect a big jump on the next RNS and i'm also expecting a large delayed buy/buys.

I have always stated that 4p was a short term target and I stand by this target being reached by the end of September. Don't forget this is an asset backed company with a platinum/gold project that can be quickly ramped up using the blueprints we purchased very cheaply recently. Our margins are very good at present (30% at current prices) and have significant scope for improvement with higher Platinum and Gold prices that will really make this one of the best plays globally. Don't forget all of this is backed by a giant copper/gold porphory project that is JORC compliant and was close to being sold a few years ago for $70m - 4.3 million ounces of gold and 1.3 million tonnes of copper. This really does back up the company valuation and show how much further we have to go in terms of share price. Good luck all, once we break 2p I will feel a lot better :-)

Its 100% a leak if you ask me, when the MM's upped the bid on the back of sells on friday i knew something was up, there is a block buyer taking up all of the liquidity, i'm now being quoted 1.72 to sell 5m shares in 1 go thats unbelievable to get a quote for volume at such a strong price! The mm's know something is up and I reckon we are due an RNS in the short term, we have strong platinum and gold prices at present which make this more of a beast.

Damn make that 1.65 to sell 5m shares....

Yep there is something very big going on behind the scenes...those block 100k,250k, 500k buys aren't a coincidence if you ask me! Its literally impossible to buy in volume but I am getting quotes to sell 5m right now at just under 1.6, yep you read that right! This is just the beginning of a move to 4p which will happen very quickly because of the super tight liquidity

Make that 5.2m

Yes there seems to be a real urgency from certain entities to load up at these prices..... looks as though positive news is trickling out of Choco...... Thats 4.5m buys so far today

Heard anything from these lot?

You make a fair point there Richard, I think what you are referring to is the company will have the option open to their customers for a cutting and polishing service, but as we are producing over 1.2m carats of stones per quarter (although a large portion is for industrial use) we still won't be able to solely offer cut and polished stones due to the lengthly and costly (up front) process in doing so. With heating its cheaper, quicker and can be done in bulk as the crucible used in the heating process has a much larger carat capacity as apposed to individually cutting stones. The heating process is quite cheap and rapidly increases the value of our produce so for me this is far more viable. When it comes to special larger stones then yes the cutting and polishing will be worth it (although they are less likely to take up this option in my opinion). The point we need to hit home about our Sapphires is they are truly conflict free, are of good quality and have diverse colours, with the latter being especially important because I feel there is the lack of information on the consumers part, and lack of information ultimately leads to the lack of demand. Hopefully with the sightholder deals we made recently this will be addressed.

Whoops I was meant to say Choco platinum/gold play! I was all in the Mankayan mode!

Interest shown and rightly so.... with Platinum literally just breaking $1000 today and gold $1300 the economics of this project massively improves. I still have a very achievable goal of $1200 platinum and $1500 gold. We just need to break 2p, charge 2.5p, get those warrants executed, roll out some more alluvial plants and really turn this into a powerful unconventional play backed by a large JORC copper/gold project that has no value attributed to it at present. I agree that its all about the Choco copper/gold play but having a project on the books as Mankayan further validates the significant value that Bezant has going forward.

Unfortunately with the low number of shares in issue it was always going to be targeted by the P&D crew

That happened quicker then expected... :-(

But I have no sympathy for anyone complaining after todays RNS, the company released the doomsday statement in early August and anyone investing after that date knew the very high risks associated with the company. If you lost money then you allowed people to suck you in instead of looking at the company fundamentals and got caught on the hype/rainbow chasing train.

Just gone through, makes it 2m buys and 1.75m sells so far today

1.1m buys (including the 300k on the Nex exchange) and 1.75m sells (including the 150k on the Nex exchange). Price is holding up well and the MM's aren't offering huge volume to buy at 1.42 at present, but I can sell up to 2m in 1 go at 1.37 so they are hungry for shares as well it would seem!

Yep I knew that 500k at 1.4 was a buy! Good to know you took the 500k, I too topped up 500k last week at 1.5 on the dot so you saved yourself a few quid compared to mine ;-) Im very very bullish on the future direction of the company, and there will be real struggle to buy once we get the consistent news flow, just like it was on the morning of the last RNS

Well said, I am a big fan of the guys running this company, onwards and upwards!