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Singer67 fair point., it does say anticipated which I guess gets them off the hook if it doesn't appear this afternoon.
Momentum is certainly building here and I don't want it dampened by a delay.
With the UFS promised by the end of today I was expecting a bit more noise on the boards today.
It would appear peeps are not worried about a small delay. I see that as being very positive.
GLA
I am a little perplexed at all the recent selling. We have an amazing news flow to come over the next few weeks starting with the enhanced DFS which has been promised before the end of May. This is likely to show a major increase in the profitability of the project. I guess it could be the T trades locking in recent profits, after all the share price has increased 50% over the past month. Bloody short termers!
SimonJ73 if you are going to post numbers please get them correct.
They now have £1.25m in the bank.
At 0.34p they are valued at £3.4m
The rest of your post I totally agree with. :)
60 mil
And they have over £1m in cash as at the last results.
One Market Maker is offering 25K at 7.7p. I will see if I cab get those on a fill or kill.
Yes. Wouldn't complete on a fill or kill buy for 50K at 7.7p
Paid
Judging by the trades this morning Edale are completely out. Every trade appears to move the price.
On the 27th March the RNS states that Edale had 3.75% left to sell. That equates to about 3m shares. Since then buying has been pretty constant and over 3 million shares have been bought. Now Edale will not be responsible for all the sells but I am sure a good proportion. Look at today for example, over 1m buys and judging by the chunky sells that's probably Edale doing the selling. I would be surprised if they had more than a million left. One decent RNS would see those being snapped up in an instant. Hold for the reward here, we know it is coming.
What do we think, intraday RNS today?
If not then it provides another day of topping up for me, and I am sure many others.
This could really turn out to be the diamond on the rough.
GLA
Chart looks exceptionally positive now. We have broken out of the down channel.
From the trades this morning there appears to be real fear out there. Someone has just sold 20K of shares for just over 25p, way below the bid. Yesterday they could have got 32p for them!
IMO this is crazy. Gold is holding up well and we know we will have news here in the next couple of weeks. The next couple of days look like they will be one big buying opportunity.
Someone really does want our stock. If it is the same buyer then they have picked up at least 250K.
Looks like I was right. Another 50K buy at 33.5p gone through from an hour ago. We had a 50K buy at 33.25 yesterday, could be the same buyer? If so then someone is accumulating some serious stock. Perhaps they will let it go now.
Strange behaviour this morning. Way more sells than buys and the price ticks up. Must be a background buyer and the MM's happy to take stock to sell on. In the last 10 minutes there have been sells totalling 52K and they are still bidding 33p.
Any buying volume will see this surge today.
The only way to buy these today seems to be a Fill or Kill. They are quoting prices way above the offer price to buy otherwise. Just got another 5k at 34p.
The bit I like from this mornings RNS is "Within the approximately 5,000 sq. km project area, the principle target zone is an 80 km long ultramafic belt with grades from surface sampling of up to 13.6% nickel and 2.33 g/t combined platinum and palladium"
80Km is huge and we have palladium!
There is going to be such a rush to get back into these ones news lands.
My guess - any day now. Could even land mid session.