Member Info for stockdale

When you understand the various colours of minerals in their initial state you can understand the meaning of the piles of dirt.

Can't see any trades so far today. It's possible Resilience took on a finance company to keep the price down in March for the shares they are getting as part of the sale to SML. That company could well now be playing the shares for their own benefit. It's what happens when you make a pact with the devil. If that's the case let's hope they get out soon and push the price up to do so. Bit of a conspiracy theory I know but it happens.

Fira, that was just light banter or was yours as well? Your previous posts would imply doom and gloom.

Sorry.

This is a good prospect at a low price. So why aren't investors buying in? We had a placing at 2.25p. The current 1.6p or so has to be good. Maybe they think the prospects are a little away in time? Look at 88E. Went down below 1p on the Winter shutdown and back up to well over 2p before it opened up again. Not a good idea to wait, you'll miss the boat.

So where are all these traders? Only see two buys so far this morning, and the first one was mine.

I knew if I posted that ....

610p seems to be a ceiling currently. Can't seem to push above that.

It would seem the SFO outcome is still some way off?

He had every right to be annoyed with the client. They completely stopped turning up and had to be chased up to find out why, especially when the end of the month was coming and it was then clear the minimum amount could not be fulfilled. Even at that stage JP had to chase up the client.

Oil moved up sharply from 13:45 today but PFC didn't react. Hopefully tomorrow it will.

DGR, the SP is completely chilled out, almost frozen. Should we just let it go?

The buying has been poor. This hiatus has been a long one. Some are concerned about Leigh Creek's true value when SML paid good money for something Resilience got nearly for free. We hope SML have the technology, funding and expertise to make it work. But the market is concerned.

Not sure why everyone thinks Trump is unpredictable. He has to be be the most predictable President of all time. He's doing exactly what he said he would do, including sorting out North Korea by winding up the North Korean leader to get the reaction out of him that he has now got. He is a deal maker and knows how to deal with the psychology of those he is dealing with. The Press and Media don't like him and feign lack of understanding when he does things. Macron is similar in the way he does things. Unfortunately our politicians mostly haven't got a clue.

So it didn't actually get to 1.5p for a buy at just 2 million?

12p down. Divi 18p. Efectively 6p up, just one hour after market opening.

With the recent price drop from over 2p to around 1.6p I thought this news may well be priced in. It probably was to a certain extent but those not in the know have done some selling this morning along with the MMs dropping the price on their expectations on the news. Things are still looking very good with SML and the SP should recover shortly.

At 1.6p on the current SP it looks like it is priced in.

Down with the divi coming off and a bit more if the shorters force it down further (Short tracker - 6.45%). Up if the FTSE 250 responds to the DOW up trend yesterday and oil strength. Take your pick.

Oil isn't falling. Brent's at $73. It's been up at $75 yesterday, otherwise $73 has been a good price for Brent. FTSE 250 down slightly (-0.86%).