Member Info for shuvlin

What's the result of that equation Kalan? It's like dividing 3 Apples by 2 oranges.

Not sure where you get that from Bluebelly. Interims last year were posted 26th February with a presentation on the 29th. Check the RNSs.

Where do you see anything about them completely moving away from processing lower grade material? The temporary move to higher grade, which may be extended if it proves more profitable will at the most last for 3 years and that is only at Roan.

Financials should arrive very soon. It was 26 Feb last year. They won't be great as we already know the background but hopefully we will have a much clearer picture of where we are going.

Loot. This is not an echo chamber for cheerleaders. Everyone on here has called out problems when they see them but you can't just go saying something isn't right when your theories regarding the processing of the higher grades has been disproved, We all know why the sp is so bad at the moment and it's not just the funds selling. We lost 20% just on the news about power outages and despite remedying that the sp hasn't come back. That alone shows the inefficiency of the market. On top of that other mistakes have been made but it will be interesting to see what value is put on jlp by RBC when they write up the recent visit.

Ever cheaper. If this is the same fund/s selling they obviously have a fair few left. Whoever it is doesn't give a damn for the sp. The PI platforms don't seem to be involved as their numbers are continualy rising.

Lets hope she was impressed.

Unfortunately Edzi all PGM companies have gone the same way so it is not just mismanagement. At least there is a way out of it for us now which wouldn't be available had we not diversified quickly and heavily into Copper. We shall see over the next 9 months or so whether that promise is fulfilled.

Concerning the buying at just above the sell price I do feel that it has an adverse effect on some punters who perhaps think that everything in the sell column actually is a sell are frightened into disposing of their own stock. It certainly does not help the sp.

I don't think we can extrapolate much of anything from these buy and sell patterns with trades all over the place. If we can get a constant run up not only from current good news but a reliable guide to future earnings it should put paid to all this nonsense. When you are stranded in the doldrums the merest puff of wind from any direction will move the vessel beyond reason.

Looks like we have run out of buyers for the time being. Hopefully we will get some news on Roan throughput shortly.

There wouldn't be any point in leaching if it wasn't financially advantageous opaque or otherwise.

Maybe that's where some of these are coming onto the market from then Seis. I can't really see it though as they would be selling at a loss against what they theoretically paid for them'

Not convinced Kalan. The books aren't always balanced, at least in the info we can see. The 6 million on Friday wasn't balanced by anything on the buy side of the equation and still coesn't seem to have worked through.

Rather than that an end of day 2 million buy at 3.75. Makes one wonder how much manipulation is going on here.

Hard to see why they are keeping the ask down then if that's the case.

MMs seem to have a pile of stock to flog cheap because of the 10 million or so they bought on Friday, Price won't go up until they sell them. Only other reason would be that late buys will show up again today but I think that is less likely.

You are absolutely correct Gray. All we need are the current modules up and running to near capacity perhaps along with another and if the proceeds from these are used to purchase new ones ad infinitum we will soon have exponential growth. That and only that will get the sp rocketing upwards.

Quite apart from that Seis the pattern of selling was not really typical of PI activity which is more like what we are seeing today. It was almost certainly funds divesting .

I don't think they are selling at any price. They wait until the sp is rising and then take advantage as much a they can. It's fairly controlled but hopefully they will be completely out soon and the sp should be allowed to find its proper level.