Member Info for Slurm

WTH is with these small buys @ 09:53.31 10 buys of small values and 2 sells of small values, the combined on buys was 17332 shares and the sells were 17333, what is with this rubbish?

MM's playing with price as it leave the SP on either end of the spread.

8mil bought today so far, something is afoot, or someone has more hope than the rest of this board...

Hey no free bar is a good thing, think costs....

Sure, remind me(and others) what i need to do

Could be someone moving shares, either to an ISA or a SIPP

23-Jun-23 10:39:44 0.151 3,100,000 Sell* 0.15 0.20 4,681 O

23-Jun-23 10:37:54 0.151 3,150,000 Sell* 0.15 0.20 4,757 O

Or the MM need shares

Waiting for a higher copper price is possibly one reason.

Gorsuch, kinda makes sense doesnt it, economically the magnetite doesnt travel far, so better to sell it to than someone already buying it.

I would bet they were buys, it's unlikely the price would go up on sells, I wouldn't put.my life on it but believe to be the case

6mil bought and a 1 trade

OK....someone either has more faith than me or knows something....

Doh, i read it differently, my bad

It covers costs and established SML as a victim not not a benefactor, not to mention that $160k is welcome at the moment.

WTF?

impact of my slightly positive post?

So as long as Cobre keeps going there is no reason for this to get worse than where it is now.

Now if JP manages to get something together then this will shoot. Can he do it? I keep thinking of broken clocks.........................

Im still hopeful, things are a little against SML at present, copper price is lower than hoped, but that WILL change, low take off at Cobre and some rather less choice decisions by management. This is all against the fact SML do have assets and no debt.

I would have thought a few director buys may lift spirits, but if they are not taking a salary that maybe harder to undertake.

There is no rush as much as that is annoying, just maybe waiting maybe the smarter long term move.

And yes im royally f****D off by this situation like others.

A 200% rise would equal around .045 - im still down also but closer to initial.

I expect this to be 15p by xmas......lol

Agreed, but maybe she/he was desperate for money....

Yeah i do think only bought shares, options or bonus share should not have voting rights.

At less than £4mil MC the costs of this company MUST be reduced way more than the small steps undertaken so far.

Personally i still think JP can do it, but he needs to grow a pair and make some horrible decisions that affect his colleagues.

This is what a leader is and does, not just carrying on.