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Leaving aside the arguments for and against, interesting that the ask is currently at 0.13, so presumably plenty of the trades showing as sells are actually buys. No trades below 0.13 as yet so who knows what the real bid is.

Diversification is my current buzzword. :)

Legitimate

Don't get your logic there. Buying in small batches is a legislate practice, whether through an iceberg order or otherwise. I'm with trader72, good time to be in, with potentially a long and lucrative journey ahead.

What's the feeling about the likelihood of Q3 production as indicated previously? Given the time needed to put the apparatus in place it's strangely quiet.

I'm not invested in NMG, but potentially will invest at some point depending on my other positions. I therefore keep a eye on what's going on other here. Just a thought on the options. To me it seems like they are being used as a potential fundraiser, rather than as a straight forward option. Therefore if money is needed it will come from some of the options, rather than a full blown placing. This approach is quicker and more flexible. Hence the price of 0.14, the same as the recent placing. If the money isnt needed in the short term the exact level of the option makes little difference. If it is, a quick cash injection may solve any short term cashflow issues in the event that they arise.

VX, you are probably best keeping off the subject of KRS until you've read a little more. Otherwise your inability to grasp the real position will undermine all the hard work you've been putting in ;-) First KRS delivery will be at a gross profit of around £200 per oz, after deduction of royalties, processing fees, haulage etc. Champagne to celebrate or not, I think the will be plenty left. Oh, and production continues so same again for the rest of the year until the deep mines begin.

Morning all, Not posted here before but thought the presentation last night was intriguing. On the plus side the overall resource is potentially massive, and the company has a good plan for taking it forward. The downside for me was that there is still a lack of information about the resource as it stands, epitomised by the fact that they don't yet know the size of the resource that well be mined later this year. Without this info it is hard to know if the business plan stacks up in the short term. The above is represented in the sp which makes this an interesting punt at this stage.

Ferrex "is in the agreement of a mining permit from the Togolese government to proceed with the exploitation of manganese on the site of Nayega , a town in northern Togo , learned the news agency Afreepress the site information www.republicoftogo.com. This article suggests an agreement to issue a permit. If that is the case it doesn't seem to be a rehash of the information put out by FRX. Perhaps an announcement soon?

I don't know the answer to your question, but I did notice that there were 2 sells on ISDX on Friday morning - I think that they only amounted to about 250,000 shares. The sp moved down after these and the buys on AIM, which considerably outweighed the sells, didn't take the sp back to where it was. At the end of the day I'm looking for gains outside the current range and so unless there is something that I don't know about I don't suppose a relatively small blip makes a great deal of difference.