Member Info for Shedulike

Morning Bricks, again I'm only guessing but I wasn't suggesting it was so much to do with the free float but more that whichever mm made the best offer to Garwool had to make up the order by finding more stock.

Not really my strong suit Bricks but would that fit with an MM having to split Garwool's trade? Put simply they couldn't even cover 15m. Probably one of those imponderables, I thought that UT at 0.019 looked odd as well.

M all I know is it’s a balancing trade which I understand at the end of trading but why that one dropped there I haven’t the faintest - anyone? Ps. Has Andy shed the albatross?

It's because of a UT at 0.019, I have no idea what the purpose of it was. There has been light buying at 0.02079 since then. Also a small sell on NEX on or near 0.02p

Hopefully that will be looking like a good buy in the not too distant future.

So yet more people who don't know what's going :)

There's a 15m at 10.16 on NEX Garwool. I guess they rounded it up to 0.021, just out of interest what was the exact price if you don't mind sharing?

Generally looking better today Garwool but can anyone explain the purpose of that UT at 0.019?

Come on Andy you can do it, cast off that Albatross!

Apologies TLS :)

TheLongShot - while your positive comment here is not entirely unwelcome may I ask if you're the same 'TheLongShot' who has attempted to undermine EUZ previously on Twitter. While I have absolutely nothing against traders I'm pointing this out so that investors will not be perplexed by the inevitable swings in sentiment that are inevitably to come. Jubilee has raised cash to further their African operations, they don't have anywhere near the clout to get Toral.

Since EUA engaged the banks Palladium has put on nearly 50%. I know they'll be negotiating on a more historic average but that has to concentrate minds.

A good day for silver, in 2011 it hit levels over double what it is now so potential for it to become an even more significant part of the package.

NEX I suspect Kev. I think the market wants more evidence of the "Non-dilutive funding optionality". At the moment we know the silver's there and the recovery rates have been proven as excellent but perhaps until we see a practical mechanism proposed to monetise that, the big money will continue to sit on the sidelines. As we know a complete sale is the preferred route so we may never see an off-take proposal but I'm certain that it would support the SP massively if it was made clearer how these options could operate in principle.

Yep good contribution Numpster. A little bit of SP pressure again today but the only trades of note so far are 2 buys on NEX. Let's hope we find more about the mystery product which gives us funding optionality asap, I guess copper is favourite. Seems the Geotechnical Survey didn't set the market alight but then it was quite complicated..... a new metal in the mix might be easier reading.

Worth remembering that LR has always stressed that our project is not modelled on high metal prices. The economics are being rigorously tested against discounted values so we can be confident we have a robust project. Swingometer of sentiment clicks up a notch.

Great find AngelMarbles, Cu also forecast to turn at last. As for the zinc - in case you missed the Mining dot com article in Dec - "Elevated zinc prices relative to historical levels will incentivise investment in new projects, expansions and restarts as the economics of the projects maintain their attractiveness, market analysts maintain". Silver edging back to $18 by the look of it too.

Thanks Bricks, it's funny how different snippets emerge on a second listen.
"We talk to people from industry and we get asked questions, and we feed back those questions into the process, and are quite pleased when we can answer all of them".
Pretty strong evidence of the "Invisible Hand" that we have always speculated about.

Would be good to get an update on the stakeholder engagement process. While we all want exciting RNS's about the shiny stuff it's easy to forget how critical that work is. If we continue to get that right it won't go unappreciated by whoever might be waiting in the wings.

Interesting that so much of the workflow is coming together in this quarter. It's almost 18 months since they put in the change in land use application - which was of course estimated to take..... 18 months. I wonder if the timetable was always to tie everything together in this period at which point someone with the resources will have everything they need to go forward to the PFS stage. I reckon that makes Toral a very attractive de-risked opportunity for a big miner with deep pockets, with the infrastructure, local support and not forgetting further exploration potential a cash-rich major just wouldn't be bothered with using the current SP as leverage in negotiations.