The sellers have been exposed. They are anyone that wants to sell or has to sell. This because Winance is selling at 0,002. Anyone that want to sell has to sell below this. Winance has only sold circa 20% of their holding. They want out and they are getting out regardless. Thus a block occurs. Thus the share price will remain at 0.001 until Tony can find someone that will stump up $1.8M.
At least they know the cards on the table and what the stake is. They are optimistic.
Some questions have been answered. Tony is not a miner. He is an entrepreneur. He surrounds himself with expertise and incentivizes them to deliver. The aim is to increase the value and on-sell it. To do this, money has to be spent and that will be by selling the EUR shares after they rise.
To date in my opinion they have not increased the value of Block 103. We know that the product is there, and some of the hurdles have been addressed and other hurdles can be addressed. However, when the next round of announcements, should tell us that the product has little impurities and therefore can be upgraded into a product with high demand and attracts a premium. This is also a known. But different. It will show that getting over the obstacles will be worth the effort. That will bring additional value. They also put a target production of 20Mtpa.
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cyclone metals limited
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The sellers have been exposed. They are anyone that wants to...
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Last
5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.43M |
Open | High | Low | Value | Volume |
6.0¢ | 6.0¢ | 5.6¢ | $118.6K | 2.031M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 23108 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 23108 | 0.058 |
2 | 99704 | 0.057 |
2 | 906366 | 0.056 |
5 | 300334 | 0.055 |
1 | 100000 | 0.054 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 100000 | 1 |
0.060 | 419707 | 6 |
0.061 | 200000 | 2 |
0.062 | 244444 | 3 |
0.063 | 100000 | 1 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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