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The price is very conveniently staying at 150p whilst Mithaq buy up a considerable proportion of the company...

Fund raise for drilling?

I do take your point, but how else can this week’s events be explained?

So if we’ll over 100 million shares have been bought, and no corresponding sells to match it, I can only come to the conclusion this is forward selling?

How else can this be explained?

... can this drip feeding of shares to Mithaq continue? Where is the stock coming from, and why don’t they just do it in a single trade. This is beyond painful (which is probably the market maker’s plan - bore PIs in to submission so they sell up at this dirty low price so their Saudi clients can profit).

IMO

...until the January trading update. Will that be the first chance to suss the TEMA figures?

When the contract gets announced we will hopefully know

Oh, I am seeing half of today’s trades and trades from Oct 31st! A gremlin in the works...

Original question still stands though

Did any huge sells go through today? I’m talking 10s of millions. I can only see back to 3pm on the trading.

Thanks

Cant remember the last time I read ‘delivered seven months ahead of schedule’ on an infrastructure project. Good for them (and us).

This morning’s opening price?

Will the Board put out an RNS tomorrow?

Any bets on who has been picking up the slack today?

Will presumably get a holdings RNS tomorrow or day after.

Ugly day

This has been in a long period of stagnation because management have sat on their hands for 18 months hoping the copper price will come back above $3. The company is essentially dormant at the moment with progress on no fronts.

Someone exiting?

Can only imagine a late sell will be posted or an RNS

Well, I did say I thought this would be an issue.

You can’t reach an agreement, then 3 days later unilaterally rewrite it.

Sure it will get sorted, but this is turning in to a good advert for why you can’t do business in Africa.

DHC, I agree, if MPS are happy with the deal, it's good for progress, but there is an 'if' in that.

I hope it is agreed.

It's pretty confusing I admit. Some of the amendments relate directly to container security charges though.

Hey-Ho, we can but wait...

Here's hoping for before Christmas

My thinking is that the tariffs have been unilaterally cut and MPS will be consulting their lawyers as we speak.

Tariffs were agreed in Dubai, introduced on Dec 2nd, then cut and changed on Dec 5th.

Tosh, 'MPS got their tariff increase'

Does yesterday's document from from the Transport Minister posted by Gaynelly not change this significantly?

The difference between the two share prices is now staggering.

This is so undervalued it is crazy.

Personally I think it is being held back to allow Mithaq to acquire. Time will tell.