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19/04/23
15:13
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Originally posted by Johnyb888:
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Sorry Ketamine but the interview I watched with RR was several months ago and I have looked but there are simply to many videos and I am not going to rewatch it all. Be 100% RR talked about Uranium mining project in Botswana (It was in relation to African projects being undervalued even though regulatory risks in the west are much higher). And I very much doubt MMAM is selling at the moment since the most recent change was an increase in holdings...All these share were accumulated at higher prices then todays so I can't imagine they are now selling. If we do assume this done for RR then that is also not his MO. There might be some selling if/when the price goes well into the double digits as RR likes to take back his money and then have no worries (as he repeatedly states in his interviews). I doubt they are trying to take over ACB although I really wouldn't mind taking that ride with them. But MMAM has been accumulating several ASX listed Uranium stocks. ASX U stocks are simply very cheap at the moment and have suffered more then most North American stocks. And ACB is by far the cheapest on a per pound basis...Fully permitted and feasibility study done with optimization work under way...Oh and a pile of Nickel and Cobalt as well in WA...Yet a market cap closer to a pure explorer. Buying here feels like shooting fish in a barrel. Completely overlooked.
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There appears to be sustained selling down of A Cap on a daily basis. i have noticed a pattern to the selling since the start of 2023. You can almost set your watch to it. There are small parcels which indicates a broker is behind the selling and the timing of the moves indicate it is a Perth based broker. What is the motivation? Might be legal but certainly unethical. But we are talking about Perth brokers.