Member Info for theiceberg

left below 13p. They are still hungry.

the mms are still clearly looking for shares imho, so the big buys are still in the backgroudn, they are happy to soak up sells and take it down, but any hint of buying and both bid and ask rise like lightening.

the mms are still clearly looking for shares imho, so the big buys are still in the backgroudn, they are happy to soak up sells and take it down, but any hint of buying and both bid and ask rise like lightening.

quite a bit of buying so far.

From around the world. He’s not the first nyc fund manager to find Sav interesting. Just to recap though moz has an npv of 300m, with a partner of Rio Tinto. Oman has an expected npv of 150m with the sultan family as backers. Portugal is expected to have an npv of at least 100m, but likely quite a bit higher. All of the above are discounted re state of project. Sav management are in talks with various major lithium partners and will have the officially backing of the eu after talks with the eu Vice President underlining the fact that we are a strategic resource for the European Union. Fund managers, asset managers from nyc to the Far East to Australia are watching. Re volume. I am expecting in maybe 2-3 weeks time a massive trade to appear of 5-10m that will be a buy. Remember the market makers don’t have to book it until it’s full. The share has a big sign on it saying somebody buying in prior to the institutions, etfs, and bespoke asset funds.

yes, the article should have said western europe. But EMH, is miles away from being mined, it certainly wont be providing any of the new battery factories due to be completed in the next 2-3 years, equally sav's is far more profitable tonnage for tonnage, if you factor ini additional costs. I am not a fan of EMH its a bit too much of a jamican oil to my liking.

looks to have been quite short lived. a bit of buying and the ask shoots back to 14p and the bid creeps back again to 13.75

think your right aim, let a few people off, slice, etc, then back up again. MMs will know this, which is probably why they jumped to nearly 15p and then dropped it quickly. Nice little scare trap.

yep us long term holders know that once lithium, copper and heavy minerals are all in production this will have an mcap of over 1 bn. thats when we sell enough to live nicely and then live off some large dividends.

closing in on 15p.

What a cracking day, half way to my target now. !

my guess would be 60-100m of buy orders, probably taking the price to 15-20p. Market makers seem happy to keep the share rising in the vein hope of filling orders.

looks like an ease rise from here. 1 mm on 13.

Quick move to 12p

It is so obvious that the mms are filling large orders. We are repeating the same position yesterday at 10p where the bugs and sells happened at 10p. The big orders continue and we just raise up the price. Solg took 3 months to rise by a factor of 5-10. The people making a quick 10-20%, probably though they were clever traders, but lost out on the big money. Knowing this why on earth do people sell. It will be 10% higher and you can double your profits. If you folks are really savvy they could, heaven forbid hold on to the shares for a few months and make even more money.

keeping it tight and attracting volume. I wonder how many or how large the background orders are.

the commentary that is, sing sold the last of his shares and was the last mm to have any of quantity really, so unsurprisingly the bid has shot up to 10.56.

We could be getting close to an auction if that spread doesn't shift and open up.

one of the market makers, sold a bunch of shares only 15 mins ago at 10.2, nows he's offering 10.27 to buy them back! Why not sell them for more to start with.

raised the ask to 10.5, its obvious that over half of the mms have no stock at all. No doubt more silly RNS's saying the market isn't working, no sh sherlock, it happens during a re-rate.:)