Member Info for Sharpey

Stand off at 3.5p (last buy price).

...are not letting this go above 1p. But they can't hold it back forever!

AJ Bell quoting 2p sell and 2.4p ask, so 20% spread. MMs are absolute crooks!

Have you based that on an RNS? I missed that if you have.

RNS from early July outlined the Phase I results and the RNS from 22 July said Phase II was starting, so I don't think we'll get any results this month.

So it goes above 0.85p but what do the MMs do? Just increase the ask price not the buy price, thereby increasing the spread. Absolute thieves!

...p*ssing about with this. Let it go past 0.85p ffs!!!

Well the market likes it. Up over 15% today!

No not yet. And my broker just said I have to wait for their treasury department to be contacted by the company. They won't do anything proactively.

This is good news. Gold found close to the surface so cheap to get out the ground - opencast! Presumably this would be mined first due to relatively low cost of extraction and this profit could fund the infrastructure needed for underground mining.

Has anyone else known a share to fluctuate by 43% in a day??!! Very weird imo.

...is a ridiculous 18%!!! MMs taking the p*ss again.

Auction call!

...🚀👀🍿🕝

RNS tomorrow?

I agree. I can't understand why one of the majors hasn't snapped up a 50% stake for say £50m. It would be such a bargain given their results.

Can you post the link please Nap? I tired google but no luck!

They are fully funded for phase III - https://www.share-talk.com/great-southern-copper-announces-partial-warrant-exercise-by-largest-shareholder/, so I don’t agree they lack money at this stage.

@barnetpeter - you’re always wise with hindsight!

All of the points you make were known on 1 April when it hit 5.5p. So either those are not the reason we’ve hit the 1s, or the market is irrational and not as smart as you because it took five months for everyone else to work it out.

This seems to have stabilised around 3.5p. Sitting pretty for a big rise post the strategy launch in September.

We could get into the 1s here which is bizarre. That’ll be about an 80% drop since 1 April high with only positive news released, absolutely crazy. I If it does go into the 1s I’ll top up again.