Member Info for Worzel7

Treck. Just gone back to Monday morning and have counted 24 cancelled trades. Could be others of course. Mixture of buys/sells. Some around 250/500k mark but most well over 1mill

Thanks for that Aqua. Been busy all day so not had chance to dig it out

Everes, i believe he is looking at the Canadian market for one of the spin-off. Am sure he mentioned this in one of his podcasts but cant remember which one. Sure someone can dig up which one

500k trade just gone through

I would say that 640k trade is a bed and ISA trade. Judging by the price and only a couple seconds apart. Could be wrong of coarse.

I did say last week that one of those large trades could well be a ISA trade.

2.5 mill buy showing, maybe the reason for hard to buy

Over 72 million shares traded already this morning. Seems like when something like this happens the CEO on any company is a scoundrel. Yet when good news comes in, he/she is the best thing since sliced bread lol. Like others, have added

Dont know if this has already been posted but might interest some.
https://ukinvestormagazine.co.uk/uk-retail-investors-could-be-shunning-domestic-equities-at-their-peril/

£19.65, not 91.65 doh

FB, that would be logical choice.
Cleverthoughts. Yes you are right, as AV has said. He would like to keep it all to himself.
.

Those two 950k red trades are probable isa trades. Looking at time and price. 2.10 followed by 2.101 = £91. 65

How does $8 million a month in revenue grab you??. Thought that might grab your attention.
Currently on phase 1, afritin are expected to run 500,000 tonne of ore pa for 60+ tonnes of tin concentrate pm. Plus we should know by the next quarter on how the tantalum is coming along and at what ratio. Hoping for 10-1 tin / tantalum I believe. Lithium to come on stream, hopefully by year end give or take a month or so. At what ratio nobody knows at this point.
I came up with a conservative figure of $1 million pm revenue for tin/ tantalum once tantalum reaches the expected rate. Based on current prices for both commodities, excluding the lithium.
Now phase 2. Phase two is hoping to run 3 MILLION tonnes of ore pa . To hopefully produce 400 tonnes of tin concentrate PM if all goes to plant design. So 400 tonnes per month of tin concentrate at $20.000 a tonne (could be higher could be lower) that alone would give you around that $8 million a month mark. RNS 28TH may will give you those figures. Add on the tantalum at 10/1 ratio plus the lithium which should be also at a decent volume by then. Calculation could be way of, knowing me they probably are.
This is all about phase 2 and how it's going to be funded is a question most are thinking about. I think something in the region of $35/40 million give or take.
Myself it could go three ways. Banks could well loan the money and with current prices, could be paid back within 12 months or so. JV with one of the big boys could be another way. Hope not. Or the dreaded Large share issue to fund the phase 2.
Even that would still make afritin a very nice long term investment imo.
Hence why I have filled the wife's and myself isas. Now onto this year's isa accounts. I personally think that ATM is a good a place as any for SIPP ISA long term investment. But we all know that nothing is guaranteed in life, plus a few bumps in the road so to speak. See where afritin is in a couple of years. Best of luck to all where ever you decide to invest.

When you have a one track pony share. You have a 50/50 chance of it hitting big. Or not as in the case of oil stocks. 88e is one in that category (OUCH). With a company like POW with a plethora of chances. You stand a better chance of at least one coming in very favourable. Hopefully 2 or 3 with POW. I expect the resident doomsday monger will say different though. Filterd. GLA

Apologies if already posted.
https://www.reuters.com/article/uk-metals-tin-ahome-idUSKBN2AM1WX

There is one commodity that's not talked about much but very important in this modern environment. Especially with green energy and EV revolution and that's TIN. So have a gander at afritin mining, ATM. Now in full production on first phase of 60 tonnes a month. Tantalum should come on stream by next quarter and lithium by year end. All from same mine. Which is one of the biggest hard rock mines in the world btw. Phase two hops to increase the output to 200 tonnes a month in two years give or take. With current prices, the tantalum will pay for ALL running costs. Making the tin and lithium all profit. Charts looking very attractive as well. No market tomorrow so like I said have a butcher's.

My mistake

So even less free float shares available. Any decent news and this share could move up (or down as the case may be) very rapidly. Imo of course

Just thinking outside the box so to speak. Imo they must think their is possible a bigger resource than first thought if they have had chance to study recent survey. Which they more than likely have already done so. Hence the application and receive of said extra licenses to widen the footprint. Wise move imo.

still got to get some into those isa,s . this could end up one big mother of a company.