Its Johnnnny!
2 items - the COI & SHnotice.
Where are the cash out instructions ("COI") for 29 May??? NONE! not one share sold by US NHs for 2 months, not one of them wants to sell at 12.5c out of 950,000,000 shares of them! 95% of shareholders are not selling at 12.5c!Whats the message to us longs?
Message = US NHs are BUYING, they hold long, longer than us, they are not interested in selling down here but accumulating shares and averaging down or holding for that 2nd TP or 3rd TP.
Wellington has been buying in every day for the last 2 weeks since the last announcement, the poker cards have been shown again to us, its a winning hand. Look at that, 850K average daily buying accumulating another 10M shares every 2 weeks, ASX rules require them to disclose every 2 weeks above 5%, they are now hitting 6.2%.
Wellington are buying and manipulating every day, average daily buy price of 12.4c for the last 2 weeks, that means they have bids at 12.0 and 12.5 and most get bought at 12.5c, the CEXT split trades is not them. Its someone else, an insto frontrunning them and frustrating them on our side, their average has never been 12.25c for 2 weeks. Wellington are happy to buy at 12.5c. They wait with a full time crew buying daily on here likely reading our posts, they sit patiently daily and buy daily at least 3-10 times daily.
At the AGM they bought 1.5M, the COI day they bought 1.06M, on 18 May 12.5c day they bought 2.5M in timed intraday buying sprees, that why their average price is 12.4 or so.
This subholders notice proves what weve been saying for months, the Wolf is Wellingtons broker, Wellington is the US accumulator that we know of. If we knew the major broker firm on the daily trades the last 2 weeks we can pinpoint the broker who has the Wolf with them.
Can anyone obtain this info - the majority broker buy trades 9/5-29/5/15? If we get this then we can find out who the "Wolf" really is.
My analysis is, that was a mini code 7 flushup to 14.5 then cover back to 13.5c, mexican standoff right now, pull back engineered, they wait for the weak hand sellers, dont be fooled, 6M shares from 12.5-14.5, wow, they saw volume there and took it all in the opening 1 hour.
Stay offscreen, do not put in an offer below 23c, they wait every hour for you to capitulate, they want you to sell to them, something BIG is brewing and they must know it, the next code 7 flush will be 12.5-16.5c like last few times, sellers at 14 will be spitting chips just like they were at 9c, 10c & 12.5c before.
We are sitting on a nuclear powered rocket, accumulating US$5M cash per month as we speak,
with BRL at 3.17 and NP at 5.84 and rising its a Q2 result even better than Q1. Cash at bank likely to be at US$40M right now and growing. COP likely to be reducing to 3.60 mining costs and AISC at 4.50 right now down from 4.88
Brazil has the 2nd highest interest rates in the world at 13.25%, dropping that will result in BRL dropping to 4.00 next 12 months, Goldman predicts 3.50, MBN CFO predicts 3.21 this year, very bullish for MBN profits and further reduced COP.
Stay strong hold long
Keep the Sellers strike in play
do not capitulate this early
stay offers offscreen
wait for the real rocket ride
test burns have been seen many times last few months and some more will be thrown our way
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