Member Info for Uscita

SeanT - ahh wit, you don't see much of that on LSE. Kudos

No such thing as having 4 times more buys than sells. Use your noggin

Sit on the bid and let retail sell to them is how they accumulate

Just to be clear on this when you see 'Buys' and 'Sells' noted on sites used by retail like LSE they just take the midpoint of the share price at the time of the trade and if the trade is executed above that they flag a buy and if its below they flag a sell. It doesn't have any meaning rooted in the perspective of the retail trader, its just to give a general idea.

Remember this is all done from *your * (retail perspective). They could easily do it from the sell side perspective (ie market makers) and your buy would show as a sell. Capiche?

Miners and Copper in general taking a hit today, particularly AA - down 5%

All it means is you bought below the mid-price. Be happy with that.

How will that help 88e though?

While operating in frontier countries is always more difficult if AA had reservations about this it should of been dealt with at the due diligence stage.

It's still going to be a duster even if the drill goes ahead. At least if Biden cancels it some of you *cough* Brom, Jiddy *cough* can save a bit of face, if not money.

Agreed Fulmar. The more I think about it the more a JV makes sense as our best possible outcome. We should be able to ride a wave of increasing price (and most importantly: liquidity) and realise superior value as opposed to a straight buy out.

The Swedish Pension fund and the placing taker notwithstanding, its going to be hard for any decent sized institutions or hedgies to take a position at this stage. The notional sizes these guys look to get in are £1mm min and we're just not at the size and hence liquidity to be able to get that much away without seriously dislocating the price.

A JV leading to an increasing market cap and at ~$500mm you'll see serious buy-side money taking positions.

Absolutely flying now

No need, I'm extremely happy with the board, the company and the way its been run.

We agree overall, so let's not quibble over details. We are looking very good.

Same to you doubleup. - this is a fantastic company and opportunity, I'm just pointing out what I think is relevant.

Fulmar, I'm as hopeful as you are - this is my number one stock. I'm just used to, and have worked in legal docs a lot so I know particular language when I see it.

Doubleup, given that wording they would have to clarify and announce an extension. They have not stated whether the technical review was satisfactory or not. Even though we may all infer that from the DD taking place.

It looks good but let's wait and see.

Thank you for that word salad of nothingness. Very insightful.

Yes view posting histories and read above and below the line and filter and you too could lose tens of thousands of pounds (maybe more) like Brom.

Ignore anything negative written about this stock. That will get you far. Great advice.

They must expect to be able to complete it within the original exclusivity agreement timeline other wise they would of extended that to cover.

Yes, great news. They've not prolonged the exclusivity and they've not walked away. But lets see what deal is in the offing.