Member Info for RMc2407

8ead - I only care about price and volume. Those are facts.

The rest is hot air.

I take it you haven't noticed the 29% decline in the share price in the last week.

You'll be able to buy more cheaply before long.

He couldn't have sounded more shifty.

"Hopefully, in the not too distant future..."

Give it a rest Colin.

I imagine there's enough in the kitty to continue short term, but what after that? A placing to keep the lights on?

I don't trust him.

I don't believe him.

There's been a big seller around for a few days.

The sells were being absorbed, until yesterday.

Yes, the market is being hammered in general and gold stocks especially, but I doubt anyone hearing that car crash interview yesterday will want to leave their money in this for months while nothing happens.

'Don't panic'

Yeah right. The drop is well under way now.

Yesterdays interview was entirely unconvincing.

Finance is nowhere in sight and now we're talking about mining possibly before the end of this year.

Remember 'we'll be mining this year' - from 2025?

This can't be funded with dilution. If there is no finance then this is dead in the water.

There's only one sell of any size, so this is being marked down by the market makers.

It doesn't look good.

That's everyone reassured then. Not.

The plunge has restarted.

Next support level is around 15.

I wonder if this is on the way to being suspended.

'Producing next year'

Written in 2024.

Don't think I need to point out the bleedin' obvious.

I ran the trades through AI. It reckons there's one big holder selling and another holder mopping up.

This is the sort of analysis AI often puts out. Having looked at the detail I'm not convinced.

178 million is more than usual volume, but it's not high for a share trading at a fraction of a penny.

I'm taking nothing from this trading action. I'll believe the finance has been signed off when it happens - if it happens.

Not Disastrous, but underwhelming, given the amount of time we've been waiting.

I'm doing the sensible thing ie nothing.

So far, reaction has been in response to what AI has output. In a couple of days we'll get a more considered response, once a proper analysis has been done.

Even if the SP had reached .16 it would have sold off quickly.

We've seen by today's volume that there's zero interest in who the contractor is.

Thanks for the technicals prickly.

Trump is still a prat.

Agree on the choice of contractor.

Now where are all the buyers?

Yes ID, I've seen it.

Excellent RNS. Next to no response so far.

Wrong board.

Even the optimists here don't believe Bezant has FDA approval.

More trouble to add to the lack of finance.

'Mining billionaire Robert Friedland said the disruption to sulphur supplies would have an impact on copper production in Africa, a big sulphur importer.

“The cost of leaching copper oxide ore in the central African copperbelt is about to get even more expensive,” he wrote in a post on X.'

Thanks a lot, Dopey Donald.

https://www.ft.com/content/dd2498cc-d221-4645-9fae-34d1d832c15d

A few reasons for the drop.

1. The market as a whole is being hammered due to the moron in the White House and his war on a whim.

2. Shares in copper miners are sharply down as it's been realised (not before time) that forecasts for the price of copper were ludicrous.

3. Last week's rise was unconvincing. There was no supporting volume.

4. Lack of news. Not a peep from the company this year. It's not uncommon for junior miners to be kept waiting for what seems like a small amount of cash, but there have to be doubts about whether this project can be financed.

This is a controlled walk down.

One large holder being replaced by another.

I expect this to snap back to around 1.71 fairly quickly - provided more sellers don't appear.

Which is why I've bought some more.

So hold your nerve.

Level 2 looks interesting. There's no depth either way.

This could move quickly, but no idea in which direction.