Member Info for Sanchez599

Lol are they reading this BB...

Ask has hardly shifted today. MM's using NT to bring the bid down but not offering any major discount to buy. Honestly it may all be automated but whatever programs/people are running the book on MKA, they are a disgrace.

This is, in my humble opinion, clearly being manipulated at the behest of larger transactions. Don't give your shares away cheaply. With China backing Putin, Western owned REE are going to be hot property.

AVwap is at 3.6. It is right at the bottom now. Anyone suggesting news isn't near has no serious grasp of this project or is just looking to cause FUD.

Warrants expire on mar 12. This is the bitter end of the process. 13 trading days left.

Interesting tactics today. Low bid, low volume. Ask remaining above the highest sell price for now. Looks like they are going to lock out most of the sellers. Loathe to say weak hands because everyone sells for different reasons, but it does seem quite opportunistic to pick up a few on the cheap after yesterday's obvious strength. We shall see. News hasn't even started...

The lack of a buying opp first thing tells you a lot about the RS here.

It's been going on for ages. If anything the behaviour belies the desperation of the efforts.

That's what I was implying by housekeeping.

It's a bit slack, but maybe there's some housekeeping needed... We still don't know exactly why the EU, US state dept and Total were all at the September meeting re the BFS last year. Dangerous game to speculate but timing is interesting with the feasibility study due to land in Q1.

Worth noting that the ex HSBC CEO TR1 means he has an average notably higher than the current SP. Once we shake this seller, (possibly distressed being how ill-judged it is) I am confident we will be back into the 30's and on a major bull run. Newsflow is obviously about to resume.

What a tragically desperate post.

Absolutely, just as someone lost their mind. Anyone want to own up to that tragic run of sells?

So opportunistic from the MMs to drop the bid like that. Gosh it's such a hideously rigged system.

At some point value stocks will look expensive and growth will be back in favour. I'd say we aren't too far away at this point.

That's really not how you draw trend lines.

No worries, it's all part of the discussion! Regardless, clear value from a 3.9p pre-mining license share price.

It's down to Matt Bull and the team now to start showing their hand a little. Aim is a sentiment market and sentiment requires newsflow. The company has to play the game.

I'd be as interested to know who, after being able to sell at 38p a share is giving away 100k+ amounts in the 24's! I wonder if the drop has caused any margin calls.

Not in at present, but found this when looking for Comms vids. Not quite what I was expecting!

https://youtu.be/r3O4DZbfgdM

Kal in a previous life.

Excuse me $680m shouldbe $780m (apologies)

For clarity - I have updated the post below.

BKT has an NPV of $1.16bn vs $430bn for ACP - so 2.5x multiple. (as oppose to a 5x multiple in SP's)

The BKT NPV includes a whopping $337m in Capex vs $40m for ACP. If we remove those we are left with $780m vs $390m (a 2x multiple)

When you adjust the basket price to match BKT, this adjusts the NPV for Mahenge to $564m (Less Capex $524m vs 780m. Thats about a 1.5x multiple.

Also bear in mind that there is likely coming an upgrade to ACP NPV post-Xinhai test work and with the new expolration areas.

Currently sat on a £109m MC. Only a mere 500% rise away now...

There's value gaps and there is the grand canyon of value that is the upside here if our BoD can actually deliver some market friendly newsflow.

It was cheap at the last peak of 5.58p.

Interesting 175k not delayed... Considering everything over 10p gets delayed here usually, it's quite notable. Looking to prompt more sellers....