Member Info for stockdale

A sale brings an immediate return and shareholders like that. Taking it to production takes time and shareholders, in AIM, don't have that patience. They move away to next best share to get a quick profit and come back later.

In your opinion matarakz, as you say. The problem would be how the market reacts to the conclusion of the current negotiations. I believe the current SP is so low because the market doesn't know what is going to happen. Many theories, as I have said, but no actual knowledge yet. The SP would be considerably higher if it were based on the value of the palladium, it isn't higher.

It would seem RNSes have to spell out every nuance for some people. The company states it is progressing a mine to mining it and some assume that means the sale must be off. Companies don't stand still. Even if a mine is to be sold off you still progress it to a condition which is even more saleable.

When you sell a car you don't accept it doesn't run, because you're selling it anyway. You get it running to get a better price.

We know the value of the palladium and other metals are in the billions. The closing SP at around 2.65p equates to an MCap of about £71 million. When seen in that context it's clear the SP has some way to go. The recent 4p is still very low at an equivalent MCap around £108 million.

How the BoD progress this from now is key. Many theories on here, some doom laden, others very optimistic. The experience now available on the BoD should ensure the more optimistic view occurs. Let's hope that's correct.

Many are fearful of buying at 3p when this was so easily knocked back to 2.1p yesterday. Confidence needs to be restored.

Just a few days ago we thought 3p was safe. Now, suddenly, it's considered too high by de-rampers. The effects of yesterday have lasted through today as well.

A lot of cross wires here. In both senses.

I agree You-know. Unfortunately yesterday's nonsense has spooked the market. When the SP can so easily be knocked back to 2.1p many don't want to be holding shares bought at 4p. The company needs to come out with an RNS making the true valuation apparent and worthwhile for people to buy. 4p is cheap for this share with the Palladium and other stuff.

You're talking to lamtree? Why bother?

I've been east. Not that it's any of your business.

Look at today's SP graph. It's not stable. Bobbing up and down between 2.7p and 3.1p. Stability is it going to 3p or 3.1p, staying for a while before another leg up. Not crashing back down to 2.7p.

Any drop is due to some still being spooked by yesterday. They don't want to pay 3p and then have the SP drop back to 2p. All the talk of true valuation is all very well but what happened yesterday was very real in their eyes and there's a definite resistance to buying above 3p.

Confidence needs to return for buying above 3p. 3p is only an MCap of £80 million after all. Ludicrous with the value of the Palladium alone, let alone all the other metals.

Some would have bought yesterday and see a profit today and sell. They don't see the Alexei tweet or other stuff. They just see their 10%.

As the current price is good and getting better that would indicate good news to come?

Looks genuine to me.

Very aggressive moves up and down on the SP. It would seem the market is getting influenced again by those who see their timescale for doing so being reduced.

You referring to my post jonesy? I'm here to check up on views about the company as plenty, like LB28, have useful views. Unfortunately some are just disruptive for their own selfish reasons.

Yesterday's 'move against the trend' was a blatant attack by a group. Nothing to do with normal movement of the SP at all. You appear to be part of the group juxta. If not don't support them by justifying it.

Trader, you are familiar with their'games'. Many are not. I don't respond to scam phone calls to the extent I may put the phone down on a genuine call. Many get scammed by those calls. Is it just the scammers 'livelihood'?

Trader, I am concerned you refer to these thugs as conducting their 'livelihood'. It's theft by deception pure and simple. But in a technical way. People are being scammed as surely as those scam phone calls you get.

I'm not sure at all You-know. It's happened many many times. They target certain shares with impunity. They arrange such attacks with cryptic messages on Twitter and then conduct them in a coordinated way. Yesterday was a clear case.