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Buys? Surely on current form we’d be at 0.0015 if they were sells?
*smell
So the price rose to 0.077 ish on the back of a good drill and potentially an updated Jorc moving to Indicated, it dropped back, as expected with the wait, always does, a little dilution, a drop, but then the Jorc, proclaiming good news and then...
people are fickle, what did they want? I'm holding for more great things and when people wake up and small the coffee.
Not quite sure what people were expecting? This was as good as could be hoped for and beyond expectations for LR, I know others are busy elsewhere, maybe they see there is no rush just yet, but this has now de risked significantly and is looking great for the future, do you think people are mixing EUZ up with EUA and buying the wrong share ;)
"Today's resource update containing approximately 2.7Mt of Indicated Resource at 8.9% ZnEq (including Pb credits) and a 12% increase in the total resource to 18Mt at 7.4%, using a 4% cut-off, is, in our view, the most significant development for the Toral Project to date. The Indicated resource significantly exceeds our expectations and this update has enabled the team, working alongside AMS, to pull together the findings from a whole series of independent workstreams to form, not just a new resource estimate, but a new resource model that better demonstrates the subsurface conditions and controls at Toral“
On the Vox markets winners chart :) enjoy the moment.
I was happy to buy in here all the way through to 0.007, even happier to top up at these lows to bring the average down, onward and upward now over the next few months, looking forward to it.
Because if we don't the SP will be 1p, a full uptake at 2p, would see this at 3p, 50% straight away IMO
We either take it up, the SP rises and the drill goes ahead, or we don't and the SP drops and the drill doesn't go ahead and the SP drops even further. Nearly a Catch 22 where one leads to short term gain and possible riches long term, or short term loss leading to complete loss. I know which I prefer.
#BZT I think this should be viewed as positive news, firstly, its copper, secondly its CB & LR doing a deal albeit a smaller one, a practice one, one might say , this should bode well in my opinion. A busy time for them.
According to Vox, he can't make tonight, will be rescheduled.
So around 250 million traded of 7 billion in issue, that's about 3.6 % and it drops 25% , can someone please explain ?
Exactly, it's worth roughly what they have in the bank, let alone the billion odd they have already invested. I havet ech shares trading at 50 odd times what they owe in debt, with no hope for profit for years and nothing tangible.
214million traded here today, let's say the same on NEX ( can someone check) 7 billion shares in issue, even being generous 90 odd percent aren't being traded. Is this the tail wagging the dog?
I’m trying to look at this philosophically, this has already dropped over 6/8ths from recent highs 40p , it had dropped 4/6ths from my average 30p, I’m thinking this is just another 6th, the big loss ( very big in my case ) had already happened, I’ve added, dropped my average significantly and somehow the portfolio looks better :) good luck to those holding, and good luck to new arrivals.
So those that bought at 2.1 have already doubled their money, hold tight.
This is a hiccup, albeit a big one on the road to developing a mine, most mines don't even get built so we are already a success story. They have been prudent and honest and have scaled back for 6 months, come January we will have more of an idea about the direction, after an election the government may be approached again, yes they will drop today but from my average it's immaterial. No point in selling at the bottom in my opinion, just don't draw on the pension for a while and things will hopefully work out just a little later than thought.
News incoming, is the cat out of the preverbial bag?
It’s virtually the same as the previous day and the price rose on the back of that so Wednesdays late trade seemed a buy, I presume this is also, as I can’t imagine you getting that price for that amount, whereas a buy could be put together throughout the day, makes more sense. If they were both buys, both days and both last minute trades, someone must be feeling confident and have an inside track perhaps on a little news or a very decent gut feeling, GLA.
That 44k - 100,000,000 buy seems to have done the trick.