This is exceptional news!!! I'm pumped for the future of all us LTH's and everyone now entering the arena.
If our largest shareholder, is buying on market as evidenced, how much more of a confidence boost does anyone need to jump in before the bigger guys start buying in? Remember they only have limited opportunities to buy on market, so 1 could suggest the future is very positive. Or they just don't know what they're doing and naïve lol. I think we know that's not the case
I've never owned a stock where someone who owns over the 20% cap, buys on market. MASSIVE CONFIDENCE BOOST from my end.
I would suggest @Kalenn , I mean @sub7that theirs, and our interests are most certainly aligned!!!
I don't think some people just realise how much confidence this news brings to not only us, but others looking to buy in.
Why would they buy more on market?
My belief is, they believe as we do, that we have the largest, untapped bauxite deposit in the world, that is going to gangbusters once they secure the necessary approvals to complete the mine (Rail/Port/FID) etc. I would think things are progressing well and they anticipate a MASSIVE 2025 news wise that will transform CAY. Bauxite/Aluminium prices are near record highs and that doesn't look like slowing down. Bauxite/Aluminium demand is increasing and supply is reducing. They're here to make money as we are. I could go on and on..........
I still believe 100%, we will see at least 1 takeover offer present itself in due course. And the higher our price goes, the more anyone looking will have to pay!!!
Bring on 2025. The year of transformation of CAY! (Not financial advice and my own theory!)
Peace Fishies
CAY Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
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