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@GW62 Hi mate I dont have time to guide you through every sentence and tweet. Honestly, they are pretty self explanatory.
Swazers deleted my post from yesterday, which details what nonsense his 'charting' success is. I have copies of it and will repost if deleted again.
This is his post from t'other day,
'GW62 Oh BTW, here is the Tweet from the 6th Feb, the day before the SP had its mega rise and touched 3.51p, sorry about my exact prediction of 3.50p. I guess being out by 0.01 is an acceptable margin. lol
The 'mega' rise of 7th Feb is laughable. The sp on 6th was 2.70, it peaked at 3.05, ( NOT 3.51.lol) a rise of 0.35 or 13%. The MEGA rise was following the RNS on 1 Feb, announcing the KMP 'solution'.. I have said many, many times that the driving force of sp in 'junior' cos. is RNS. The Mega rise was 1.225 from the sp on 31 Jan, 1.825. an increase of 68%.
So you tweeted your charts a few days after the release of the RNS, lol, a positive RNS, and it took the market the weekend to 'assimilate' the information., Swazers jumped on the band wagon and claims his 'success;. lol.
Beware the charts on junior cos. some are useful, when done intelligently, for ftse350cos.
Once can just picture the line of questioning:
PJ: "So you are telling us that the Ministerial Committee has not ruled over an investor appeal since Nov 2021 but that you are very confident you will get your permit soon. Do you not stop and think that just maybe they are playing the long game waiting for you to run out of cash so can get their hands on your assets on the cheap ?....Its not for me I'm out".
GC: "Trust me it's imminent"
Maybe we could get on Dragon’s Den.
Peter Jones could open doors and earn back his share for only 75% of the business. Ha ha : )
And still the wait goes on for the ESIA. Over 5 months on from the earthquake, still no indication as to when the meeting will take place.
Very useful insights. Difficult to relate them to EML without specific information. Thanks for the post.
Some interesting snippets in here re. the role of the ESIA.
https://www.iisd.org/system/files/publications/igf-esia-background-en.pdf?q=sites/default/files/publications/igf-esia-background-en.pdf
Hi Swazers,
Thanks for the messages. I see the big blue arrow and the 3.50 of course from Feb 6th but on what date did you predict the SP would hit this level? You have a y-axis of SP and x-axis of the date. I was simply taking the point of the arrow where it hits your line and reading off the x-axis value of late March. Is this correct?
GW62 Oh BTW, here is the Tweet from the 6th Feb, the day before the SP had its mega rise and touched 3.51p, sorry about my exact prediction of 3.50p. I guess being out by 0.01 is an acceptable margin. https://x.com/SwazersC/status/1754824903541367037?s=20
***Typo*** I meant 200 ema, not 20**** Apologies. Sometimes my spelling software removes charters and numbers, it's very annoying!
@GW62 The #EML SP daily high was 3.51p, intraday, on the 7th of Feb 2024. Here is a chart with a HUGE blue arrow, just in case you need visual assistance. The daily volume for #EML on this day was 8.981 million. My charting prediction was extremely accurate and continues to move according to my ideas. https://www.tradingview.com/x/3KbNkhxR/
I noticed that my #EML chart also correctly predicted the recent resistance. Let us see if the SP heads into an area of support. The slight retracement on the SP is normal when it encounters the 20 ema. The area of resistance has been forming for over 3 years, one can't expect immediate breakouts on the first attempt. The good news, IMO, is the larger bullish macro super channel. https://www.tradingview.com/x/GcFtotV5/ https://www.tradingview.com/x/TjtUzeJv/ https://www.tradingview.com/x/QhtlWQGR/
RNS of 6 Jul 2023 here too:
“Following a recent evaluation meeting, the Commission Régionale Unifiée d'Investissement ("CRUI"), the regional investment authority, was unable to approve the application, and consequently the Company has exercised its right to refer approval to the Ministerial Committee, which is chaired by the Head of Government and includes several Government ministers.”
Link: https://www.lse.co.uk/rns/EML/q2-update-0hygvaqv11mh42c.html
Quoting from Q4 Update RNS and hope this helps answer question below:
"Emmerson is still awaiting the session of the Commission Ministérielle de Pilotage (''Ministerial Committee'' or the ''Committee'') to obtain environmental approval"
As anyone asked Emmerson which committee, the appeal will be heard by and did they get an answer. Save all this guessing and name calling.
Only a idea.
'Nothing goes up in a straight line (except rockets.. '
Not so, the trajectory of rockets launched from Earth to space typically follows a parabolic arc, with the rocket's initial trajectory angled upward to gain altitude and escape the Earth's atmosphere. As the rocket continues to climb, its trajectory will gradually flatten out until it reaches orbit.
If you ever appear on WWTBAM, this could be your £1million question. You will thank me then and offer me at least half of the winnings. For sure. You are that kind of guy.
Swazers - I didn't post any comments saying I didn't agree with your idea. I posted a vaguely humorous comment relating to
"I didn’t get where I am today without the precise agreement and understanding of ‘macro asymmetrical descending triangles’ they are the only triangles I fully agree with." it clearly fell on deaf ears in your case.
I'm sorry if I have offended you in some way - I have no charts or money making predictions I can post you to. I am just a humble investor trying to make a few quid here and there.
Enjoy your day and I won't post on your thread again.
Swazers - Please help me here. You said "For the record, you made your statement after I had already successfully predicted a rise of over 65% from the 19th of last month and the SP moved to my exact level of prediction, which was 3.50p. I was 100% accurate using my system of TA and overdelivered. You must exist in an upside-down realm." - when did the price hit 3.50p recently? I see from your chart posted on X that a line predicts a rise to 3.50p in late March?
1/2
I think its argy bargy weekend.
Tank, thanks for raising; its better people do and you seem to have some seconders.
It’s important not be be too cantankerous. You went further by making a personal attack, so if its okay I will respond.
With apologies if I’ve misunderstood anything:
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You doubt very much that I hold
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I invested here in 2018 or before. I hold the same or more than anyone posting numbers. I’m about 4-5p on average – was below 4p but bought a few around 9p, which was a mistake; everyone knows to sell on news but it’s harder to judge when you LTH.
You’ve been watching a ‘while’ and I see an LSE ‘lurker’ since 2010, so you must know that you could have clicked on my name to see https:/www.lse.co.uk/profiles/ideas past posts.
Five years would be a long time for me to be posting on a share I don’t own, so I’ll move on.
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My current negative view of EML is ‘dangerous’
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Thank you for challenging my approach. You’re the first I’ve heard say its ‘dangerous’ to be wary of AIM.
I wondered, ‘am I too conservative’? I asked Google what proportion of investors make money on AIM.
Here are two FT blurbs:
- ”Over its first two decades, investors lost money in 72 per cent of all Aim-listed companies, according to a study in 2015 by professors at London Business…”
- “analysing data on the 2,877 companies which have listed on Aim, they calculate that in more than 30 per cent of cases, shareholders lost at least 95 per cent…”
I was quite surprised by the odds.
I don’t now think its hugely ‘dangerous’ to express worries about an AIM company, especially for new investors who are easily be taken in by talk of ‘multibags’.
That’s as an LTH and it depends on your outlook: I agree it would be ‘inconvenient’ for rampers, day traders and ‘annoying’ if grumpy.
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I try to mask my agenda
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I am frustrated and worried about the company’s position, which I think is precarious.
EML has ongoing costs, no income and I don’t think it’s being transparent being fully open about the Government; my reasons are that there is no (recent) trace of the forum EML is asking us to wait for and Moroccan legislation contains a process that’s overdue.
I don’t know if you find it hard to read social situations, but I’ve said this already and I intended to say it straight up. I didn’t anticipate that many would be confused.
What’s my ‘agenda’? I wish we had time to plan an ‘agenda’ for a chat board! Okay, it would be to a) share information with new people that come on from twitter rampers and say it’s ‘about to blow’ (or similar), because I think it’s unkind and irresponsible not to make that available, and b) to hope to god that someone else crawling the web can find the good news that I haven’t been able to and show me and give assurance that we aren’t
2/2
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I use a ‘few links and references’ [to mask those ‘real’ intentions]
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I have also never heard someone complain that another person has shared ‘information’ to explain their claims.
I did hear a great quote that know nothing else about, “Those who believe without reason, cannot be convinced by reason’ (James Randi, aparently). Is that you tank?! Is there too much ‘reason’?
My question is, where is your intellectual curiosity tank? Where is the debate? Where were your ‘links’ to say in 2019:
“This is a world class resource at bargain basement prices. Really struggling to see why there’s so little interest here. You could easily put a case for this valuation being close to 200m, and certainty above 100m. Current value of 25m seems way to cheap… Exciting few months ahead…” (2019 at 3.55p)
EML wasn’t just offered by the Board, they sold it *very* hard. Construction to start in 2021, no less. Many drunk the ‘koolaid’ – even you!
Yes, it does frustrate me that Graham left even the Daily Mail Midas column thinking the ESIA was imminent that quarter. I think the board has gone beyond marketing and overstated at times.
I wouldn’t personally buy now, but as an LTH I’m in. If you’re a daytrader you don’t need to be reading here and can look after yourself, so hopefully no ‘danger’ of learning new things, as you put it.
I share ‘links and references’ so that others can do their own research and disagree. I want people to say, “no you’ve missed something”, and to say “here’s other information showing things are okay”.
But tank, you are in a different group. You’ve said you want less ‘information’. Suppressing debate is, to me, far more ‘dangerous’, because it allows those who wish to mislead and make money off others.
I find it very … ‘dangerous’ that you would supress debate. You haven’t really said what you’re about and perhaps that would add context.
I do want to add one apology. I thought Aghmir was a reincarnation of ‘Makes’, who previously ramped and held the Lloyd Philps twitter account. Sorry Aghmir and thank you for sharing the other day.
Thank you for calling me to out, tank; it’s important to the board in order. I will reflect on that with humility because it’s annoying if someone’s voice share exceeds the quality of their posts.
I don’t apologise for inconvenient truths, but you’ve also prompted me to ask if I’m being too grumpy where I feel exasperated with EML.
What a bizarre forum this can be at times.
@idg69 I was reading your posts. Stop trolling my thread.!! You posted a comment saying "you don't agree with my idea" Sorry for paraphrasing. For the record, you made your statement after I had already successfully predicted a rise of over 65% from the 19th of last month and the SP moved to my exact level of prediction, which was 3.50p. I was 100% accurate using my system of TA and overdelivered. You must exist in an upside-down realm.
Do me a favour and post me to your winning charts and money-making predictions. I looked but struggled to find any from you . Are you hiding them from us? All I can read is flowery words and waffle.
That should be the drought of 2021/22 (two years ago).
FWIW
The Moroccan Drought was a big deal. Low rainfall has been an issue in recent years, but last years drought was a once in 30 year event. The Government has been forced into a series of measures to ensure that more water is available in the future.
https://www.reuters.com/business/environment/catastrophic-moroccan-drought-boost-import-subsidy-costs-2022-02-18/
https://www.ecofinagency.com/public-management/1801-45153-morocco-unveils-urgent-water-crisis-plan-amidst-rising-climate-induced-stress
IMHO as regards the operation of Government, the key point is that the "Normal Rules do not Apply".
It seems obvious (to me at least) that the environmental decisions could not be made locally (although before the drought there would have been no problem).
At the national level I doubt they will make a decision, until they are confident on the results of the current rainy season (November to April).
I assume that OCP need Environmental permits also for their Potash mine. Given that they are reported to be digging already, they must be confident that these permits will be forthcoming?
Also, when the Environmental committee does meet it would be logical to consider both the Emmerson and OCP mines at the same time ?
Ideas - I have been watching this board for a while and find your posts very dangerous, especially for people who are new to investing.... You try to mask your negativity / agenda through a few links and references, but it is still horribly obvious to anyone who has been around the markets for a chunk of time... Not sure if that is due to your trade, past dealing or some other reason - I am sure you will state that you hold, but i doubt it very much....