Member Info for Sanchez599

Posts crossed, sorry alfa - basically saying the same thing.

Look at the 3 x 1m sells recently. There definitely has been or is a seller. As I noted yesterday they have all been around the 1000060 mark - deliberately sized to be of note. They stalled both of the last two moves - yesterday and just shy of 24p.

The question of course is how genuine those sells actually are as they have happened at times when the MM's have sold more than they have bought and the price has been under real pressure. Feels more like someone getting themselves out of jail to me.

For those who are interested in the trading that 1m sell looks suspiciously similar to the 2 slightly over 1m sells we saw recently. Conspicuously similar numbers. Same entity perhaps?

What exactly was the insult?

Grow up.

HI James, possibly, but after the volume this morning, it would have to be one hell of a sell to change that direction and I would contend that no one in their right mind would be doing that at this juncture. The MM's seemed to have already planned to sell whatever they could after making out they had no shares (yeah right)and gapping up the price with that NT with the clear intention of then dragging it back down once volume dropped a bit. More than many days, today seems utterly contrived. Beginerman - no one forces you to read anything do they?

Buys dominating sells today, a few being teased into selling at todays lows (nice work whoever that was), but nothing that explains why this mornings trading was not allowed to build any momentum. Especially seen as they started the day at almost 1 hour of being NT to buy decent amounts - just goes to show how easily toyed with the SP is - again.

I wonder where these shares are coming from today. Pretty small move considering the buying. All incidental in the grand scheme of things, but interesting given how easily we moved back from 24 and the buying on Friday.

Echo Jimbo's post, have a read of that thread from BBN, it's fab.

https://twitter.com/Sanch3z599/status/1351081882914594816?s=20

Sorry duff link - not sure how an extra s made it in there.

Over 500 views in 13 minutes

httpss://twitter.com/Sanch3z599/status/1351081882914594816?s=20

That drop really didnt go as planned for the MM's.

Looks like around 1m shares bought through that drop.

Bassguy, you do this every day we don't rise.

Says man who top-sliced in the 19's... ;-)

4 days of SP falls Vs 4 days of V price rises is a trend that can't continue for long..

Also Halespur - BMN simply don't need VRFB to be mainstream. It's a common misunderstanding. They just need a small share of the market to be hugely successful. And that's already happening. Anything else is a bonus. VRFB is a de-risked bonus for BMN. See discussion with BBN yesterday below.

https://twitter.com/Sanch3z599/status/1349657260541288448?s=20

At Largo's current SP, parity alone (not allowing for the lack of credit paid to our material progress and expansion), would be in the high 30's.

No-one: "......"

Trader: " I sold at 23.50p before we hit resistance, we were bound a retrace on the weekly after such a great rise, but have orders back in at 20, 19.50 and 18.50" (Please sell your shares - my entry point is actually higher than this)

Everyone: "Yawn."

Bear in mind also that the Japanese have been buying uo European stocks, this is why European prices have been rising without as much consumption from Europe.

That puts upward pressure on Chinese stocks now that the two regions prices are almost at parity. The Chinese don't produce enough for their own market so have to import, but now those import prices are more expensive so that puts pressure on Chinese prices to move again, ahead of the CNY restocking. Equally Europe will have to restock too for the boom to come as KN mentions.

Add the fuel of VRFB taking out production historically used by the steel market and no signs of new mines being funded just yet and things look very bright if you happen to be the fastest growing producer outside of China.

Myles and Borg tweeting about us today. Nice tension created between bulls and traders looking to re-enter, against a backdrop of rising prices and continually improving fundamentals.

Patience is a virtue.

Yes definitely PB. And the more cases continue to fall from the current wave and vaccines increase, the more positivity will spread and the less likely another lockdown will become.

The markets will get more confident as the light at the end of the tunnel grows and as business activity increases. Look at that in tandem with the boom in commodities forecast by Goldman Sachs (which they have recently updated and doubled down on), the volume levels around a green energy transition globally and consider that we now have a base in the 20's to build from through that period.

I think it is more than fair to say that the progress Fortune has made since the end of 2018 has never really been credited by the market because of the falling vanadium price. It exaggerated every negative and diffused the impact of so much positive, and then we got sucker punched by Covid. You could also argue that much of what Bushveld achieved was at the end of a commodities cycle in an inflated market.

Things are finally beginning to look different now as we enter the beginning of a bullish commodities super-cycle and what will ultimately be a global economic reflation. We have macro trends on our side where we haven't before.

And really if people think green stocks are popular at the moment, just wait, because they haven't even started hitting the heights that lie ahead from the rebuilding to come.