Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
This won’t be popular, but if the efforts spent over x month are focussed or doubled-up let’s say into a week, it is fairly clear what the effect will be.
I don’t like red portfolios and have derisked (whilst still green) since the obvious suppression of the RNS focussed the mind. No significant effect on the sp as my holding was less than one of these suppressive transactions.
Disappointing, but I believe in acting rather than just watching it happen.
Small volumes. Wouldn't take much to get it moving again.
Yes, seems to be a bit of movement.
Just made a trade. Seems to be working ok. Price rising.
I managed to get some for 0.98 as an immediate trade in that dip as my first buy here. Of course, the massive spread from the MMs means I have a paper loss. Anyway, still happy.
Yes seems promising. Funded and making progress. Accounts for about 7% of my share portfolio currently, and to be frank it's one of the least stressful. I just expect to hold and see it gradually increase over a few months. GLA.
One way or another it looks like a back room deal has been done. Money is a strong motivator. It seems unlikely this duration of action, without attempt to hide, has not been planned with an endpoint in mind that gives the party/parties a big profit or achieve some other aim or benefit. It’s not likely for the benefit of the wider SA population who will never be investing in this company. Whatever the motivation, I’m expecting it to come to a head next month.
Some unsubtle deramping going on here. Maybe people want a lower price to average themselves out of a pickle. You invested at a level of your own choosing - either average down now, sell out, or hold for the future.
My guess is continued spiking 6-8p range until some more solid (or liquid) output. 6p is a buy price for me, but I would be cautious at 7.5p and above.
Bassguy, no surprise any more. I think from a previous post you have already worked out there could be a mechanism to fill the ‘hole’. There is no particular effort being made to disguise, which implies confidence and assuming within ‘the rules’. This is just going to play out now in my view. Longterm holders will be fine and should be in handsome profit in due course.
For the 6 week weather forecast - generally remaining dull, possibly followed by a period of heavy rain, followed by some brighter skies.
Seriously, the day to not miss will be the day when these trades stop, so it is worth keeping an eye on them. Appreciate most posters consider them an irrelevant blip in the long plan.
For me, this is 90% about Mr 500K being on the loose, and 10% about why the .... is Mr 500K on the loose?
For those who know the Zoolander (1) film, there is the Will Ferrell/Mugatu quote. "Who cares about Derek Zoolander anyway? The man has only one look, for Christ's sake! Blue Steel? Ferrari? Le Tigra? They're the same face! Doesn't anybody notice this? I feel like I'm taking crazy pills!"
I feel like I'm taking crazy pills - whilst all the (really great) research is discussed and this guy/entity is (left) on the loose decimating the sp. I expect my next buy will be in the "Duferco week". For those who want it lighter - 45-100p yes, totally, in due course.
It's a very 'spiky' share. Induced by the big spike, followed by effects of the placing.
Definitely one for accumulating in troughs. Is this another trough? Rhetorical question.
Looking at the bottom line it's increasing profit and more to come for the company. Covid handled much better than many. One RNS on one day is not 'job done' on comms though. More ongoing publicity would help to maximise attention re the existing positives even if sensitive negotiations for future contracts are kept hidden at the moment.