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Yep agreed daz, this is a great sign. The final ducks have been put in a row; most telling is the lion’s share of the shares are awarded on first production - they’re not messing around! I think funding has been secured and will come with or soon after the mining licence.

The RNS last night was bullish. Mkt is confused (and very thin) atm

It’s in a tiny fund at M&G, this will give them 5% of znwd, the current value of that stake is about the same size as their initial stake in bcn. This is exactly the sort of thing they want to reinvest in. I think they add here, as exposure to firm is only 5%, they will have room in their mandate to at least double that…

Malik i think this is hugely bullish. Clears gangfeng out the way, but also feels like it was a stipulation of the institutional holders to access an undiluted exposure to the znwd asset. I don’t care about grades size etc, this is a way better way more strategic asset than sonora. This is an exciting bit of chess, there is no other reason the company would have done this, other than being told by the authorities that ganfeng had to have holding diluted - which in itself underlines the strategic importance of the asset.

50k+ through the offer, tick up coming.

That’s jolifant in the bin

Yep, the sooner our forces aren’t hamstrung by CNN et al, the sooner we will achieve our objectives. The russians and chinese will achieve the objectives they require; unburdened by similar constraints.

Yep totally agree. This has traded so technically; to use it as an example of charts being pointless is quite funny. It’s been a masterclass of the usefulness of charts.

You’ll have a better chance next week…

This is heading back to 20p unfort.

Totally unsurprising

Bounced off support too, boy we needed that!

It’s risen off absolute going out of business levels from the bottom of the pandemic. It’s still well below any real original valuation levels. EMH went up the equivalent of 3p on this share price and this went down.

Nothing shifts this sack of ****’s share price.

A company we own 10% of goes up 20% and we go down.

Who the hell cares if a company we own 1% of starts a geotechnical drill campaign of a poxy 1560m. I'd rather they just sold the scrap of Macarthur and save us all the "ohhh an RNS.....ah it's Macarthur again" grief!

honestly wtf, EMH on a tear and we're down?

Utterly ludicrous that EMH is up that much and we are down!

278k buys vs 32k sells, expect another tick up soon

Trading so technically again, bullish hammer, bounce off support onwards and upwards. Look at the RSI, surely we get to 30s next couple of days.

Yeah and KDNC down somehow!