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@StuAFCB Really? I look forward to studying your data and proven track record to support your "thesis" Here is mine for #EML I called the trend reversal here & on X on the 19th of last month, though this is not the first time I have drawn charts for this company. Instead of waffling my baseless opinions mate, I provide free winners. It would be much classier if you'd just said thanks. The human ego can be such an inhibitor of growth if only you could let go of it and open your mind. https://x.com/SwazersC/status/1748290074360353218?s=20 >>>>>>>>>>> https://www.tradingview.com/x/hQAbNIKH/
This is unusual 15 min after hours auction and counting,,, must be big..
chisler
@4kandles Thank you but don't worry too much about old Testiclespack, he hates my guts and follows me around the internet trolling whatever I post. Nice to see #EML get the success it deserves, congrats to all investors. I'm glad I managed to catch some of the action with my TA. https://www.tradingview.com/x/mzadFAzJ/
Is it necessary to be so disrespectful to swazers? Swazers has been correct here.
I also use TA tools to assist with timing my trades on stocks which I like. I also agreed with swazers' recent bearish assessment at DGI where he was correct again. Those who rubbished swazers at DGI are sitting on some nice losses.
Let's enjoy the SP action here and look forward to finding out why it might be occurring
GLA
Still well below my average so just hope for positive news with the ESIA. I think the RNS makes this more likely, hence the increase over the last few days.
Note Graham gave no guidance on when the meeting will take place, my impression was he genuinely didn't know but he did talk of positive discussions (although we have heard this many times before) - so I just hope now the ESIA now gets over the line.
@ minded.. lets hope its esia permitt granted.
chisler
I'll not be surpised if RNS tomorrow... :)
As said earlier, if you’re a LTH you’ll the know the possible range is from sky high to six feet under.
ESIA will see the real price movement and I think the the time to go back in. As Testpack says, if you can see a copy of the rns before it goes in, even better. I only know the next rns will be …’imminent’, within the meaning given by this company, so who knows! ; )
i wouldn’t be surprised if they need heads terms signed with OCP before ESIA though, as that’s OCP’s leverage to get access for an unfair price.
That's why no one's singing and shouting about it. Theyre loading up and about a week after they stop all the paid nobhead will start releasing their articles saying how good emmerson is and how much "research they've done on it in 2 days.
Same old.
Reality is its mega cheap at the moment due to macro economics, war, poor liquidity in the market and low confidence. If when we get the ESIA IT will be 12 to 19p in short order.
I do t want to jinx it but having been here for nearly 4 years . I can see this rising steadily to between 6-7 p . With the news EML has put out and the potential…….having viewed other c@#p on the AIMs …even though I’m a novice . Surely this has to be one of the better stocks . It was originally on the LSe before it came over to AIM .
Whether that’s a good point … I don’t know
It reacted bullishly because of RNS dropping with water saving process. Got it. When you can predict RNS release, you will have a system. Not this load of twaddle,
People exhibit patterns of behaviour which do repeat themselves - so charts do have some place.. Charts cannot predict events, but they can help understand the reaction to them etc. but on low volume AIM stocks they're of very limited use IMO because there aren't enough participants in the market for patterns of herd movement to really manifest themselves in the movement of the share price.
The recent RNS is indeed overwhelmingly positive and the SP appears to be reacting accordingly. It does however pose a number of questions with regards to both the convenient timing and content.
For starters we have the Technical Team who, whilst twiddling their thumbs awaiting the permit to land, have knocked out a new, ground breaking, industry changing, patent pending processing route (KMP); not to belittle this achievement but can the MA, if and when the KMP hopefully lands on their desk, just accept this 60% water reduction at face value. Is it definitive or still unproven in practice and hence requires further testing etc. Can the ESIA simply be revised and subsequently approved (mid-appeal) off the back of a scoping study in the absence of any further information.
We then have the timing in respect to noises coming out from OCP. Is this a nudge RNS to National to say we are still here and by the way we could be of huge importance to you one way or another.
Final point is our provisional funding from Singaporean investors was based on an IRR of 40% in the PFS. This would have fallen to circa 25% based on inflationary pressures. However, conveniently it is now back at exactly 40% by incorporating the KMP !
Not going to complain about the recent SP rise nor indeed the recent RNS. However trying to intuitively predict how this all plays out is nigh on impossible; far too many moving parts and left wondering how much is being held back in terms of "informal" discussions with National/OCP.
With regards to charts if you want answers as to thwir accuracy just go to any of Swazers other Posts on other stocks. If the price action doesnt follow the charts path then you know theyre as useless as horoscopes. If the majority of them do then you know theres at least some use from them. Personally I dont care for them myself as there is way to many particulars and variables for me to put any trust in them.
I added some extra context to my #EML chart I hope it helps. The good news is that the SP continues to move bullishly and offer confirmation of the idea. https://x.com/SwazersC/status/1754824903541367037?s=20 https://www.tradingview.com/x/GjDmdhml/
IMHO the OCP interest in Potash is that it would allow them to produce a higher value product.
Morocco has Potash, Phosphates and Natural Gas. So will be in a good position to export all three as Combined [NPK - Nitrogen, Phosphate and Potassium (Potash)] fertilizers. This would create more value added and would provide another sales route for OCP.
https://www.fertilizerseurope.com/fertilizers-in-europe/how-fertilizers-are-made/
I can’t decide if it’s a good or a bad thing that OCP are developing a mine in the same region as EML at the same time. Why now?
Good spot 99icecream! Since seeing Hayden present in September 2018 when I first bought in I’ve always thought OVP would play a part in EMLs future. Whether a buy-out or something else was the question. Maybe you’ve found a possible link? If so, one would hope that if OCP are going to use EMLs new process it would grease the wheels under the ESIA considering that OCP = the Moroccan government.
IMHO - This suggests to me that OCP are faced with the same issues regarding water use and have also been attempting to improve their processing methods.
Okay, you're refusing to explain it so. I don't know if your chart is good. From looking at some of the other posts here, it doesn't appear like I'm alone in this thinking.
No one has asked for a long video. Just a simple explanation.
FWIW !
It seems a remarkable coincidence that OCP launches their Khemisset Potash mine (23 Jan) within 8 days of the EML RNS on 1st Feb. This comment in the article on the OCP launch was particularly interesting:
"This program intends to develop innovative processes for ore treatment, optimize water usage, and improve the use of liquid and solid waste products"
https://en.hespress.com/78552-ocp-launches-potash-project-in-khemisset-in-bid-to-expand-food-security.html
@stewie8 I let my charts do the talking, when a chart is good it does need to be" explained" with endless words. I would have to record a long video to explain the minutiae. My chart is self-explanatory for the most part.
I am offering my charts from a purely technical aspect. The main thing is that the SP is moving in harmony with my idea. Here is another key level for #EML 3.5p >>>>>>>> https://www.tradingview.com/x/zHuNi67k/
There were so many positives to take from last weeks RNS. The one thing I can't get my head around is that surely a future date has to have been set now for the next meeting of the Government ministers. These meetings aren't just decided upon a couple of days or even weeks in advance but will be scheduled months ahead in order for preparatory works to be undertaken.
The new KMP process doesn't just shave a few percentage points off the water usage but more than halves it, that's seriously impressive to say the least. I've always been suspicious that dark forces have been at play with regards to the ESIA approval process. If we get knocked back now having undertaken the scoping works and presented a whole new process to counteract environmental concerns then something is seriously wrong. Let's hope my suspicions are unfounded.
Would love to see this tick back up around the 4-5p mark and then the esia approval drop. We can live in hope can't we.
FWIH - I had a couple of observations.
Firstly, there is much more processing of the Brine which obviously increases the Cap Ex. But the saving of Cap Ex on the DWI more than compensates.
Secondly, there are obviously benefits to working closely with OCP. EML will be a buyer of DAP for the production of Struvite - OCP are the obvious sellers. Also, OCP would see massive advantages in using Khemisset Multi-mineral process on their OCP Khemisset Potash mine.