2 more large trades this am, 250k shares at 7.4 and 65k at 7.7. The spread remains at 7/7.5, but for how long..... |
95,000 UT @7.7 this am - Anyone have any insights on these identical trades? |
Things could about to get interesting here! |
Sparta AG hold 3.66%....
Sparta AG is a financial management company. The Company invests in companies in Germany, Switzerland, and Austria and emphasizes valuation criteria. Sparta's investments are made in public listed companies with focus on special situations such as takeovers, change in control, spin-offs etc. |
95,000 UT @7.6 this am - this is the highest intra-day trade since June 2023 and bodes well for all holders. |
The total value of the last 3 buys from the RNS' above is c£100K, whilst pleasing and confidence building I do not consider that we have a stalking horse in the background.
It's more a case of those in the know taking advantage of the low share price currently, as we all should be doing. |
And Metals X now buying more !! |
HhmmStarting to think that Metals X now with 22.6%, Baker Steel with 14% and Arlington increasing now through 10%, that this may be set for a potential low ball offer ......NRI (lol)Thoughts anyone ? |
Very decent new largest shareholder on board now |
Why don't First Tin report how much they raised after Expenses, which is also very important for a share holder to know. |
 The placing is conditional, as not yet approved by shareholders at the upcoming General Meeting on 29/074/24.
This is the reason for the placement:
"Reasons for the Placing and Use of Proceeds
· Following the successful completion of a Definitive Feasibility Study at the Company's Taronga project in Australia, which highlighted the low capex, low risk and high margin credentials of the project, the Company is now progressing its operational strategy while concurrently advancing its financing and off-take discussions for the next phase of development at Taronga."
Metal X (ASX:MLX) snapped all of the 60m shares immediately!
Metals X Chairman Peter Gunzburg commented:
"We are delighted to make a strategic investment in First Tin PLC and look forward to working closely together. The combination of Metals X's operating and financial capabilities with First Tin's exciting and late stage development assets should be of significant benefit to all stakeholders."
Additionally, Clara Resources LTD have also taken a significant holding in First Tin.
Th drop in share price this morning should soon be reversed, as those in the know have opened their purses very wide on this one. |
And a placement to raise £2.1M completed @4p .... |
Tin through $34KSurely through $35K in the next week or so:#Tin price: 34200 (+272, +0.80%)7:26am London $Tin metal.com/Tin/LME_SN_3M |
Taronga Mines Pty Ltd has consolidated its tenement holdings in the Taronga district by acquiring an additional licence, EL 9200, and has confirmed and extended the tin in soil anomaly at nearby Pound Flat |
Hopefully push through $35K on the next attempt.#Tin price: 33785 (+556, +1.67%)10:17am LondonhTTps://x.com/tinpricebot/status/1795383852858519800?s=61&t=OPWPOeWZxD1L0Ap29u5T3A |
1SN is a way out of the money option on the tin price - it may take more than that for it to re-rate. |
34K breached#Tin price: 34250 (+884, +2.65%)9:20am LondonNot long until new 3 month highs are reached imo. |
Tin price on the rise again#Tin price: 33915 (+549, +1.65%)7:48am London |
Nice overview of Tin "the commodity of the future". Growing demand from solar, electronics and new technology, but with supply concentrated in geopolitically vulnerable locations. Need new supply, but the project pipeline is thin.hTTps://www.mining-journal.com/mj-comment/opinion/4206401/tin-overlooked-critical-metal#:~:text=The%20recent%20tin%20rally%20is,the%20Bronze%20Age%2C |
Highest daily volume in 3 months today. |
Those £120K's worth of Director buys a few days ago have encouraged some of the buying no doubt. |
Yeah there's been some very decent buying of late including a £35K buy which has just gone through. There's also been some healthy consolidation around the 6.5p level but once that clears this will swiftly move up to the next level imo. |
And some "heavy" buying although it's not moving by much ...yet |
Tin price moving up again following the little retrace having recently hit $35000 #Tin price: 32525 (+542, +1.69%)9:14am London hTTps://x.com/tinpricebot/status/1787758011441991732?s=46&t=_ybVnpe01AP_F1Pw0JqKTg |
Some solid buying today. All trades around 6.5p are buys. Even the ones marked as sells. |
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