Ann: Company Update, page-81

yep I agree with that Patron, when you look behind the head line number of LME opening stock (O/S) there has been some significant moves.

02/01/'18 O/S = 180,975 L/W = 164,325 C/W = 16,625
18/01/'18 O/S = 180,025 L/W = 122,575 C/W = 57,450

02/01...... L/W to O/S = 90.80%
02/01...... C/W to O/S = 9.20

18/01....... L/W to O/S = 68.08%
18/01....... C/W to O/S = 31.91%

and as we know cancelled warrants (C/W) are those earmarked for delivery , however may return to live warrants (L/W).
This is starting to become very interesting looking forward to years end.


cheers.............