Member Info for TheITCrowd

Black Rock closed up 14% in the end. I would take that any day with ACP. Who knows, it could happen today. :)

I can't believe you guys are invested here if you dont know how Iron Ore pricing works. The price is per tonne of ore which is priced depending on the iron content. For example a tonne of ore containing 65% iron will always attract a higher price than one which contains only 58%. You dont multiply the price by the % of iron content.

Looks like the short term traders will!

Thanks for sharing. Found it very interesting.

Well the MM's have dropped the opening price, god knows why!
Thank you MMs I will take some more.

ACP can't make an announcement about any tie up until Black Rock have made theirs first. My thoughts are that both companies will announce on the day, either tomorrow or Friday.

That tweet may as well be an RNS saying "all is well, a short delay but you will be amazed at the new numbers" !!
Glad a bought more on the dip.

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.