Ok Kev.. not placings as such but cash calls when he keeps saying fully funded and on budget is frustrating. The 2 for 1 warrant RNS with the new ones exercisable at 0.6 was also a kick in the balls.
RE: MCC due to be delivered mid July9 Jul 2019 19:54
GIT. So with all this news due why is the SP approaching the 52 week low? I'll answer my own question...Placings. Even if MM said no more placings for LAP would anyone believe him?
Selling some at 0.423 to trade elsewhere means that that person does not see the price significantly improving here in the short term. Perhaps they are correct, this is only 9% above the 52 week low.
Like I've said why is there no SP improvement on the expected gold news? Probably because it will be delayed yet again.
2M sell at 0.422 - Don't keep telling me "It's someone who needs the money now" If you needed the money now you wouldn't sell a round 2M shares you'd sell a round £ figure. Forward sells??
Not much anticipation of gold news is there... hashtag useless shareholder value.