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Swaz.
When the EISA arrive your nonsense charts, and your 'friends', even AI is going to look awfully silly. Even more silly if the EISA is refused. Suggest you try something else. May be open a corn feed shop and supply Castlepaul with his dailies.
Charts and technicals don't mean anything on AIM it's all news driven and sentiment. Save them for the Blue Chips.
Hi all, I am working with one of my partners & now using advanced A.I. to offer a detailed analysis of my charting system. I thought I would share my latest #EML data with this group. Here are the existing charts I have drawn for #EML with the A.I's perspective & overview, based on how it interprets market data. https://www.tradingview.com/x/17R5wbRD/
### Chart Analysis for Emmerson PLC (EML) - Daily Time Frame
Overview:
The chart displays a consolidation pattern with a recent breakout. The daily time frame reveals a price compression in a rectangular consolidation zone between GBX 2.45 and GBX 2.80. The breakout above this range, supported by increased volume, suggests a potential continuation to the upside.
### Technical Indicators:
- EMA Crossovers: The 9-day EMA (2.40) has recently crossed above the 21-day EMA (2.34) and the 50-day EMA (2.29), indicating short to mid-term bullish momentum.
- Volume: An increase in volume on the breakout day supports the bullish sentiment.
- Support/Resistance: Previous resistance at GBX 2.80 now acts as support after the breakout, with the next significant resistance near GBX 3.54, the high from earlier peaks.
### Strategy:
Confidence Level: Moderate-High
Trade Setup:
- Position: Long
### Conclusion:
The chart setup for EML suggests a bullish outlook following the breakout from its recent consolidation pattern. Trading strategy focuses on capitalizing on the momentum, with a stop placed conservatively below the breakout level to protect against false breakouts or retracements.
đĄ Risk Management Tip: Monitor the EMA lines for potential crossover reversals and adjust the stop-loss accordingly to manage risk effectively.
The UK has just experienced the wettest 18 months, since records began in the 1890âs. Thereâs still chatter about a summer drought, though. The issue isnât with the rain fall, itâs with its retention. No new reservoirs, water loss through old pipes, too much fresh water being allowed to run off to tidal rivers etc.
Articles written by people who have never had their Gore-tex soaked right through from an endless downpour in the west Highlands! They also relate to water management and timing issues as much as total rainfall variations across the country.
Easy to pick articles from the internet that support one side of an argument while ignoring all those that don't. So here's another, just for balance:
https://www.environment.gov.scot/our-environment/climate/changing-climate/
"There has been anâŻincrease in rainfallâŻover Scotland in the past few decades, with an increasing proportion coming from heavy rainfall events. The average year in the last decade (2010-2019) wasâŻ9 % wetterâŻthan the 1961-1990 average."
The "increasing proportion coming from heavy rainfall events" being one of the things that contributes to water management issues there. So loading it into tankers at point of fall would be opportunistic, but then shipping them to Morocco would contribute to global warming and then we're back to square one. Plus ça change!
Note that itâs all speculation rather actual fact. Learn to read please. Risk, threat, nothing about less rain and is plenty of that. Glasgow almost every day it is raining check the weather forecast.
Nearly.
https://www.insider.co.uk/news/scotland-at-risk-water-shortages-32644022
Scotland faces water shortages unless immediate action is taken to make the country more resilient to drought (2024)
https://www.bbc.co.uk/news/uk-scotland-highlands-islands-65928250
Warning Scotland faces threat of water shortages (2023)
https://www.bbc.co.uk/news/uk-scotland-south-scotland-61864347
East-west split in Scotland as water scarcity threat grows (2022)
EML, should just buy a tanker lot from Scotland and ship that to Morocco. Rains enough up north they will be glad of the extra revenue.
6. Bribery and corruption
In 2022, Morocco ranked 94th out of 180 countries (87th in 2021) in Transparency Internationalâs Corruption Perception Index (CPI). Corruption remains a major challenge in Morocco and the government has taken a series of measures to address this. These include the establishment of a new anti-corruption commission, (know as the ICPC) and the creation of an Ethics Committee, aimed at eliminating corruption and fraud within firms.
More generally, to improve the business climate and create a more attractive environment for investors, Morocco is seeking to introduce greater transparency. Measures include: adopting an âaccess to informationâ law; reforming government tender processes with a law requiring open bidding; and creating a specialised unit working on money laundering.
Visit the Business Anti-Corruption portal page for further information about handling corruption in Morocco and measures you can put in place to protect your company. Read more information provided on our Bribery and corruption page.
Thatâs the ÂŁ100,000,000 question. We have to hold our nerve at this late stage in the approval process if you think it will pass or sell up and take some money if you think it wonât. Whilst it has taken 3 years from first submission, the environmental credentials have never looked as good with the new KMP now part of the process. The big negative is Morocco is now seven years into a drought and not four. Iâm holding out for a yes to the ESIA application having been here over 3 years.
When is it going to land?
When the ESIA is rejected
Is there a barrier at 3 p . ?
Whenâs this going to explode ?
Extracts from interview with Azzedine El Midaoui, Director of the International Water Research Institute at UM6P, discusses the complexities and successes of Moroccoâs approach to water management.
At the heart of this discourse lies the integration of cutting-edge technological innovations into water management practices. Embracing water-efficient and eco-friendly technologies is paramount for sustainability.
El Midaoui emphasized the âinterconnectednessâ of various research domains, ranging from fundamental research to technological innovation, each playing a pivotal role in addressing the complexities of water management and climate change.
You're an optimist.
How about 10p on approval and 20% of NPV on completion of funding
Not on approval 10p max then double again by 2026.
More like 20p on approval
20p in 3 years?!! đ Nice trolling.
This will hit 7p if/when environmental approval lands. 20p in three years.
GL
Https://x.com/SwazersC/status/1782755671479365644 https://www.tradingview.com/x/37c5eEW1/
Rupert Joy is a non-exec director and they often have part-time roles. We donât know for how long and often he works for EML. He can do whatever he wants in his spare time.
As for GC, it is not unusual for a start-up or company in its early stages to appoint someone on the technical or operational side as CEO. When the company starts making money and has grown, it replaces them with a person who has more of a sales/money/marketing background especially someone who has performed such a role for a larger company before. This is my experience having worked for numerous start-ups in IT over the years. Horses for courses.
Not a fan of him, then?
The voting power may end when equity finance is raised for the final build, as theyâll be diluted back, though they could equally demand that they can invest to the same level as a condition of approving the resolution to raise.
The Board seat has power too, hopefully can be a positive commercial influence.