CPX up 50%………
True. Awaiting todays UT !
Bill. It puts them in a stromnger position when talking to jv partners…..
“Look we have lots in the bank”
“Look how our placements get snapped up”
Time will tell if there is another 16% fall tomorrow……the fourth day in a row. Then the placement RNS “at a x% discount off the closing price of” ……A penny?
Look what happened before the announcement before Christmas….the opposite. The issue is they only get placement shares being taken up in this climate unless very cheap. Look at Avacta too.
For a minute that this is being run down to say a penny to do another huge discounted placing. Seems like no one wants to invest in placement shares unless very cheap.
Are we heading for a repeat of what happened before Christmas?
But then they had the great drill results to send it up as a 10 bagger.
What could they surprise us with this time to send the price back up?
A third day running……..same again tomorrow.
Pure manipulation
Listen to this from 30 mins
https://m.youtube.com/watch?v=q4v0Mo9a2yw
Are we due a drop dependant on how many shares are due to hit/have hit the market?
11/18 March?
Time to average down? I will certainly buy more if Zac Mirs thoughts materialise.
“ Since the 1980s, China has steadily gained a stranglehold over refining of many critical and rare earth minerals. It refines about 70pc of the world’s cobalt, 70pc of nickel and 60pc of battery-grade lithium.
As many Western miners often point out, that gives it more comparative sway than the Opec+ cartel enjoys over oil.
Along with state subsidies and tax breaks from Beijing, this has helped Chinese EV giants including BYD, Geely and SAIC Motor build highly efficient supply chains – and amid cut-throat competition at home, they have been seeking to drive costs ever lower.
Chinese mining companies have also snapped up a plethora of foreign mines abroad, supported with easy credit from state lenders, to lock in raw supplies. “
Https://www.telegraph.co.uk/business/2024/03/09/how-china-crushed-west-power-electric-cars-minerals/
They have around £8 billion. The end of dec account figure plus the Feb raise less burn Jan/Feb
Lorna may be the CEO, but I don’t think she is pulling the strings, particularly when it comes to the companies finances. The likes of Sarah Cope and the Chairman are setting up deals behind the scenes…..like the last 0.25 placement. They do not care much about us PIs. She looked like she had been told to do an interview. I thought there was some apprehension in her face as if to say……I am sorry we are going to need cash to pay up front for the long lead items and the way we get it is out of my hands. Be ready!
Was very bullish about DGI yesterday. Looking at 0.30 by end of March. I have just bought 4.7 million on the back of his charting.
I hope you are rong about an RNS tomorrow….usually bad news on Fridays. More FOMO for Monday
The tiny trades?….£4…£5….£6 ? So many?
Is this the youtube?
https://www.youtube.com/watch?v=1X_mvfmaeXc
How many are just replies to posters like Yana who should just be filtered. Give us a rest folks
“My bet an RNS first thing with GM results PLUS an accelerated bookbuild HAS taken place today at 11p. All finished on the quiet. Money raised. Move on, shareprice rises again”
I see discussions are moving towards my theory of a bookbuild.
11 pence would be a sufficient discount on the previous closing price yesterday of 14.5 pence.
We will have to see what happens. If one has taken place, the price will recover and Ronald will have an easy time on Monday….probably why he has now agreed to do an interview
My bet an RNS first thing with GM results PLUS an accelerated bookbuild HAS taken place today at 11p. All finished on the quiet. Money raised. Move on, shareprice rises again