Emed Mining Share Discussion Threads

[acamas] 17/9/2015 19:03

LP,

Why do you suggest they have weak bladders? They could be trading this share and top slicing their way to profit. Lets just say they bought 500k of shares yesterday and sold them today for a top slice profit of £2k after trading costs not a poor return for holding this stock for a maximum of around 30 hours bwdik

[lucky punter] 17/9/2015 18:14

Alberto was quite clear at Beaufort that no new shares would be issued; they are not required to fund phase 2. The new shareholders will have to buy on the market; they can only do that if there are sellers. Fortunately there have been some private holders with weak bladders that sell on the smallest upturn. I suspect we will see some larger trades mopping those soft sellers up.

[acamas] 17/9/2015 16:40

poleaxe,

Why do you say that? I was under the impression that no new shares would be issued until phase 1 had been completed and phase 2 was being assessed from a funding aspect based on funds and profit available from copper sales in phase 1.

Where have you seen anything that suggests more new shares will be issued?

[poleaxe] 17/9/2015 16:21

After consolidation they will be issuing more shares to those new investers they have been sounding out.

[lucky punter] 17/9/2015 14:06

There have been a couple of larger transactions since the four day roadshow last week. Hopefully we will see a flushing of the smaller holders in favour of some industry savvy money.

[waterloo01] 17/9/2015 13:55

I wonder what the order size is as I don't think it's been filled? Still learning how they often drop the bid first thing if they have a buyer to shake out a few sellers. Fairly standard practice one suspects.

[gcpinc] 17/9/2015 13:42

750K buy at 4p timed at 12.14:56

[laurence llewelyn binliner] 17/9/2015 13:33

A tick up I see, and what is the driver for this..? common sense or have we some buying going on..? I don't have level 2..!

[trafid] 17/9/2015 11:53

grabbed me money back quick as poss now I feel more relaxed. if we drop again I have loose change at the ready if we don't drop I have loose change ready for consolidation, sit back and wait again see what happens to s@p

[trafid] 17/9/2015 11:45

gosh im in and out like a yo yo ;) sell price 3.80

[waterloo01] 17/9/2015 11:41

Out of auction. 3.95 to buy.

[waterloo01] 17/9/2015 11:23

Can still sell (now at 3.7) but not buy online.

[trafid] 17/9/2015 11:17

why in Auction? I can get a price of 3.705 sell

[waterloo01] 17/9/2015 11:09

Is a buyer in the background as can get a quote online to sell over 500k at 3.65.

[langostino] 17/9/2015 10:33

Of course you did, dear. Such a clever boy

[lucky punter] 17/9/2015 08:12

The time to get back into JLP was end of last week when I jumped back. Just a few hundred thousand for me but could not resist at least a token holding.

[frogkid] 16/9/2015 21:50

time to jump back on the JLP joyride guys

[frogkid] 16/9/2015 21:49

I am homophobic.

[lucky punter] 16/9/2015 20:34

waterloo the important thing with the pictures in my view is that they are all for the expansion project. Phase one is in production in excess of 50% capacity today and ramping up to 13700 tons a day throughput. The phase one expansion hardware to expand throughput beyond 20000 tons a day is clearly well ahead of schedule. No pictures of production, concentrate dropping from the filter or stockpiling ready for transport. The low key understated stance remains.

[cufes2] 16/9/2015 17:24

Laughing stock(ready)

I see we have a mid-point close of 3.65p . . . Is that close enough to my 3.5p prediction based on the chart that you were having a go at me for . . . LMAO at the muppet calling this a buy all the way down from 11p . . .

[waterloo01] 16/9/2015 17:11

Latest pics do show progress at least...

[laurence llewelyn binliner] 16/9/2015 16:38

Interesting reading the new Edison report, I note the numbers are based on a $2.38/lb copper price and do not take into consideration any resource upgrade or LOM extension..

Plenty of upside from here, I didn't expect to see 3.50pps on the bid tho' after we are fully permitted / fully funded and now in commercial production.., must be top up time again.. ;o)

We also know that a +10% in copper price = +50% in profits..!

[lucky punter] 16/9/2015 15:47

loonio my name in not lucky or punter so why should it be Derek

[orado] 16/9/2015 15:41

Not all sellers. I bought some this a.m.

[mds2028] 16/9/2015 15:32

IS IT ME OR DOES IT SEEM STRANGE THAT WE HAVE HAD A DAY OF CLEARLY ALL Edit - Doh should have been BUYs , BUT THE PRICE WAS DROPPED WITHOUT ANY SELLERS?

can some one explain how this could be, other than there is a larger seller who will have the sale reported when their order is finally closed?