Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Great frickin day today :)
That said, Zak Mir's chart is exactly what gives TA a bad name. That upper trend line has been made out of thin air.
I'm going to post my 1D chart which shows a very well tested line of regression.
From the chart we can see that we're very close to being 'in the clear' and just need to get past 22p this week.
Again, posting this without prediction.
https://www.tradingview.com/x/8Zq88xex/
@ST
I would not be surprised to see a very high concentration of HE here - whether it gets to 10% or not I’m dubious, but I would expect it to be in excess of the 4% DM has used in projections.
You’ve been quietly confident on HE1 for a long time - but without any ramping. Here’s hoping the next 2 weeks are life changing for all concerned.
Trying to really predict an SP now is impossible. How big is the reservoir and what are the concentration levels? Just want to get de-risked with my large investment here.
Oh and bad ass - yeah right lol. I bet your good lady thinks you’re a pussy cat :-D.
Sea, I know. I am a bad ass sometimes. :0/
I can't wait for the HE confirmation, good seal at 1200m, lovely reservoir pressure and anything above 2% Helium will do for me. Just to think that in other reservoirs around the world they will sell their mothers for anything above 1%!!
Up.
ST, I did not realise Zaks mistake, lack of effort , not sketching enough lines ;)
ST - play nice ;).
Well, it’s been an interesting few days with the drops after the RNS’s and then the pick up today after the interview.
This is hopefully the teens left behind and moving on through the 20’s quite quickly.
By 9th July, we could be looking at a very different company. Just the one discovery will increase the likelihood of additional reservoirs behind there, so this could get to £1+ in fairly short order.
Be interesting how the chartists see the SP going over the next few days.
Dai,
It is easy to be led by these chartists, isn't it? I have tossed a few chicken bones on the table to try and read them; I have now decided to de-risk at 300p. just a little. mind you as I don't want to miss out on Trek's 500p.
Think once we hit the 400m..damn, we had 2% at 70m!! This is really exciting, but I am keeping my head. As DM said..this is really exciting and we could see it by the stammer levels.. the guys is trying to keep his nerves. TOP CEO!!
British Mike
I agree with you completely, what a load of dosh coming are way.
Thanks for your positive input :-)
Must rush, er indoors wants to go to Testicles.
We’re nearly there guys, just one more drill and we’ll have our immense thrill :-)
@ST I was thinking of de-risking when we got to 23p, but zak said 30p, and I bought it..
Mind you if he says 40p when we get to 28p, I will be taken in by that too :)
Agreed.... Upper trend channel looking @30p... that's without big news from DM dropping in... when it does Zaks chart prediction of 30p is going to look more conservative than a night out with Boris, Cameron & Major..all wearing blue ties and sitting under a picture of Thatcher @the local conservatives club!
..eventually.... I guess if Zak can line up his chart predictions exactly when we get the results from the 400m, say we have a good seal at that level and Zac says the chart will hit a new high, bingo, Zak will get the "tendency" right. Super!!
Dai: "looks like he will be wrong again"..
Dai, one day he will get it right..just cut the lad some slack and he will get the chart right.
1 step at a time.... just need to hold a close above 21.5p.
I means its not hard is it, for goodness sake, SP, put your back into it!!!
Zak also said 30p end of next month, last month...
looks like he will be wrong again
Its going to be this month :)
Did the chart see Helium shows at 70m?
The market cap is £100m-£130M as there's potential for massive upside yet with failure no revenue... nobody knows how to price HE1 hence jumpy share price. Everyone buying likely been up or down at some point on this speculative stock.
except Mike, based on my interpretation of the chart I added 250k shares on Friday and yesterday and am up substantially on those 2 purchases alone.
It could be just luck and there is no relationship. But I do this a lot (using a chart to time entry (and exit), and it seems to me, based on my success rate, not to be random.
But each to his own, as always.
What a load of tosh trying to chart HE1 like it's a predictable stock such as Tescos.
30p in a month based on trading averages lol. If there's commercial HE1 at the end of drilling Tai-1 this will be £1+... if there's not, it will be 1p+ etc.
What a brilliant and exciting interview. I will check Stocktwits to make sure it’s on there.
30p coming... that's conservative if we get more shows in the next week or so... 40-45 just for starters id say