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Ann: Excellent Metallurgical Results at Merelani East, page-26

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gus63

2,960 Posts.

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23/02/15

12:56

Post #: 14801662
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Originally posted by Tangible ↑

First of all goes without saying that these metallurgy results are outstanding.

Now if there was any doubt that someone is deliberately keeping a lid on the share price this doubt has now been removed. It was superb to see them try to scare people off pre-open with over 400k for sale on the ask then someone pounced with a 500k + order.

Tremendous volume in comparison to past trading and looks like some are itching to have a piece of the action.

Most of us knew that Merelani would have similar flake distribution and purity to the historic mine but I guess some just needed it in writing first.

Make no mistake, this is being capped and once the breaks are released as others have suggested the price will increase someday at a rapid rate - you just need to be in when this day arrives.

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It appears that it is taking more and more share to keep the lid on this. IMHO whoever it is selling down will run out of steam soon. Fingers crossed.

KNL Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 8.0¢		Change 0.000(0.00%)		Mkt cap ! $36.33M

Open	High	Low	Value	Volume
8.1¢	8.1¢	7.9¢	$89.14K	1.114M

Buyers (Bids)

No.	Vol.	Price($)
1	15601	8.0¢

Sellers (Offers)

Price($)	Vol.	No.
8.5¢	389459	2

View Market Depth

No.	Vol.	Price($)
1	15601	0.080
1	102749	0.079
3	20487	0.077
4	53723	0.076
4	111118	0.075

Price($)	Vol.	No.
0.085	389459	2
0.088	42000	1
0.089	9000	1
0.090	153955	3
0.091	25028	1

Last trade - 16.10pm 15/11/2024 (20 minute delay)

EGR (ASX) Chart

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