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YML - Yilgarn Mining

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Just had a look at the option depth for this one...a single sell order of 13,500... and on the buy side orders for over 500,000..... it looks a bit lonely there by itself I wonder how long it will last

Semper Ubi Sub Ubi
 

Given how tightly held YML was I knew it was only a matter of time


And it is this fact that differentiates YML from UMC,GME and RML. YML will have the spec upside exposure of these 3 but it will also get a cash flow/earnings going that will allow Pato's to do P/E and update their valuation
 
At current prices YML is up 37.5% over the last 2 trading days, very impressive!

Given the lack of announcements I'm assuming all this can be attributable to is the lack of liquidity and anticipation of the announcement.
 
If a director buys options....does that mean they will delay the announcement for 2 weeks?.........
 
Keep up the ifs buts and maybes, here's another one, I wonder what would happen if the Y fell off YML ?
Click to expand...

Yt dont even mention it! iF SOMETHING LIKE THAT HAPPENED THEN,..THEN oH i JUST DONT KNOW WHAT iD DO ,LOL.
 
So a fun days trading. How will it end up - pull back to around 50, no action stays same or a late buying frenzy??
 
Inore dont know the answer to your question however a director buying 250K of oppies with an expiry date of June this year,well their can only be one conclusion.Directors buying is good at the best of timesbut on something so short dated
 
Methinks there might be a multinova lurking down the road. Any bets on a speeding ticket?
I Hold.
 
Directors Interest Notice posted. David Burt has been purchasing options!

Great sign, shows that he is very confident in the company despite the recent price rises!
 
INORE said:
If a director buys options....does that mean they will delay the announcement for 2 weeks?.........
Click to expand...

That was my understanding. Given a purchase date of May 14, theoretically this rules out a May announce doesn't it? If those who bought today think that the announce is immiment then you'd have to think there will be a correction wouldn't you?
 
Seems to be some sellers coming out of the woodworks... maybe selling half and keeping half..... but an excellent stock to hold and watch at the moment.
 
Could be selling down on anticipation that ann wont come out for a week or two and there could be consolidation.

If it goes back to .40 I'll be buying more
 
It was an off-mkt purchase so is probably exempt, but remember HLX directors were buying on-mkt a few days before and after the ann, wierd!

Either way though no if ann is due out by late May ie this week or next, then ann will once ready be out late may, they cannot delay an ann
 
KIWIKARLOS said:
Could be selling down on anticipation that ann wont come out for a week or two and there could be consolidation.

If it goes back to .40 I'll be buying more
Click to expand...

Good luck mate, Pato's will be there too so you'll be competing with them to buy on this illiquid stock
 
YOUNG_TRADER said:
Good luck mate, Pato's will be there too so you'll be competing with them to buy on this illiquid stock
Click to expand...

Wow what an amazing ride today. Really was like rollercoaster today but at least the finish was higher than the start. That big leap in the middle was crazy. I thought slow and steady won the race!

Will it break 60c tomorrow?
 
Mozart56 said:
Wow what an amazing ride today. Really was like rollercoaster today but at least the finish was higher than the start. That big leap in the middle was crazy. I thought slow and steady won the race!

Will it break 60c tomorrow?
Click to expand...

Mozart if you followed this share over the weeks you would have realised there is a spike during the trading day and simmers down with a few cents higher ...this pattern seems consistent with what others are saying ... not many shares out there, unless its traded at a premium.
Also thee graph does not lie ...onward and upward:
 
If they are valued at 40c on CB alone then what should they be worth on a JORC 30Mt 58% Iron ore deposit next to a planned rail line?

Is it possible that none of the other gravity targets produce iron ore? I mean what else could be so dense in the ground in an iron ore district?
 
YT, my comment was made so I could gather an insight as to how the SP may settle "IF" the news wasn't what the market wants or expects. Fair comment I believe...

However, I do believe it will be reasonably good. I am holding and have been doing so for a while. Looking forward for Marillana too!
 
I am holding regardless of the result, I expect it to be as good as YT has so graciously calculated, but even if it is not as good as expected I think it's short sighted to bail on it.
 
Fool said:
I am holding regardless of the result, I expect it to be as good as YT has so graciously calculated, but even if it is not as good as expected I think it's short sighted to bail on it.
Click to expand...

Agreed, I have decided to hold for at least a medium term to see how the other projects pan out. Hopefully YML continues its run!
 
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