Firering Strategic Minerals: From explorer to producer. Watch the video here.
I would say that's not always the case as unlike a placing the market is aware well in advance of how many outstanding warrants are around as apposed to a placing when all are dumped on to the market in one go and obviously the overhang is often large and takes far more time to clear.
Mohammed, the warrants are a form of funding to support Bzt in terms of cash flow. They have been previously agreed at a price which is 0.16. They get shares in the company we get cash. Our amount of shares in circulation increases slightly they
you would expect would hold for a sp higher than the 0.16 to make profit on the funds they have parted to the company in exchange of the warrants they converted into ordinary shares. Like you or I with our own holdings they decide if they make a profit or a loss.
Any other platforms that can get a quote to buy many?
Pat, even traders await the next movement as that next move indicates whether they move in or not. Chart wise it looks good to go.
Have you looked at the copper chart lately? What's your thoughts on that after Fridays close?
The bid has been strong all morning Pat. It only needs a few more buys to move it up as it stands. That was a nice buy earlier on , someone confident.
375k shares left at 26.9 then a tick up on the ask.
Copper price closed on the year high last session????
Excuse the typos not checking my phone before posting.
To be fair it’s misleading and the other way. The 12.18 unknown was mine, prior to that they were putting but as sells. I was offered 25.3 to buy for a fair tome but the bid kept ticking up around 0.1/2 ago so when someone else took some at 25.3 and the ask went marginally up I took the but as I couldn’t see that intraday big drop happening.The ask was .26 at the time so anything under 25.5 went red prickly.
Tomorrow then gents
Around 2011 I was in Herencia (her) I bought them at 0.53 with about 2, billion shares in issue and they hit 3.9p. I sold at 1.9 at the time. Chilean minnow exploration company, I think we are looking at better grades on early reports but Chile’s obviously one of the most fancied places to live so very stable. Our part of Africa is pretty stable too tbh.
The truth I would be very happy with 3p. Crazy after so long but I have bought a lot at lower levels to compensate them high ones. Copper stock piles are low so if the prices keeps going up and sentiment is good these aimers often blow fast with no logic at times and this one has strengthening foundations so you never know. Holding higher levels would be a great start short term.
I’m not surprised mate, with current consumption demands of 28 million tonnes a year increasing of the mined stiff stockpiles ready for use we only have a maximum 29 year supply life if another bit is not found. The market badly needs minnow like Bzt to find us some more.
Absolutely spot on Pigeons. Funny as I have seen many over the years do exactly that, Amc pre licence, Solg,Eua, Bzt on scoping with Mankayan it hit 78p old days with only 59 million shares!
If you really read that last rns 24/11 carefully and slowly I really do believe its trying to tell you they are confident what is coming.
We aren’t we are expecting a stable re rate.
In the mean time the bid is firming up!
It seems to have stabilised the same way as it did around the 0.18 Trellis. However small to long term holders that's around 50% on some folks investment since then. I honestly don't see downside from here unless results come back against what appears confident but conservative expectations. Stable days are much more preferred Trellis than these vertical day trips.
Any evidence of any reason for demand to drop anyone?
Copper prices continue to increase with reports on scarcity on new projects and increasing demand due to the EV global acceleration production."
I have just taken some more, this will turn very soon in my opinion maybe even this afternoon. Tuesday it will be two weeks since the last rns. Positions will be taken even by traders soon.