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Creeping up again. Up fro the low of 1.2p in Feb to 1.6p today.
Look at the one year chart. Specifically, look at the drop from April 2022 to October 2022 followed by the rise from there. Look how the drop was mirrored from October 2022 to February 2023, now the rise, which could also mirror last year's and go back to 2.5p.
With Morocco trials and MSC POC it may just do that on expectations, rather than chart self fulfillment.
But Noel has proved from the charts that the price is going to 1p, so no good new is possible, and that's the end of that (haven't heard from him recently, funnily enough).
In all possibilities the successful Morocco trial completion with commercial discussions alone will blow 5p out of the water.
MSC POC start should mirror Maersk trial and even with dilution since 2013 I would expect 25-30p
Am uninterested in these small gains though my last top up at 1.24 looks great today!
I want the news all us long termers crave
Giddy up QED (sorry I jumped the gun false start QFI)
Could be up up and away next week. Hopefully some news justifying a better share price for us all.
"But Noel has proved from the charts that the price is going to 1p,"
This is guaranteed. We have been thusly informed and as you can see we are heading towards 1p as we speak.
Yes, up to 1.695p, so getting closer to 1p by the hour LOL! And I said he didn't have a clue about charting LOL!
“And I said he didn't have a clue about charting”
Well, thank God for Haggis! Not like anyone else could see he was a clown!
Ah, there's my post from 17 March
RE: MSC
17 Mar 2023 21:08
SR,
Actually, looking at the short term chart, it has. See chart link below.
The blue line is upward pressure, the red line is downward pressure, creating a triangle. It is always important which way the price exits the triangle. Upwards is bullish, downwards is bearish. This week the price exited the triangle upwards, which is due to upward pressure pushing it there.
https://ibb.co/r2691p5
Britishbulls also gave a buy signal yesterday. The triangle breakout further emphasises their signal from yesterday.
https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=QFI.L
Many of us didn’t need a chart to notice the SP was near to an all time low and we were getting very close to the interim updates and news on Morocco.
Get over yourself Haggis, you’re a mere mortal like the rest of us.
Twitchy bum time. 50 minutes to decide to 'hold for gold' for a positive update on Monday or break even/loss if its mediocre at best......hmmmmmmm........
OHS
If you sell now that's it, done. If you wait till next week you have the fun of fantasising all weekend on what might happen!
Nah I have been invested here long enough to assume any update will be mediocre but willing to give them the rest of the year to see. It's interesting if nothing else.
If you have a twitchy bum, I'd sell now and head to the chemist for a good cream to sort it out. Only an hour and ten minutes until the shops close!
The only people who are going to sell are the day traders. The rest of LTH's are of course are going to wait. The question is are we going to invest more in a fund raise dependent on what Monday brings or do we just stick with what we have.
That is a far more important question.
I would participate in a raise at these levels.
Worth it on msc alone.
Yes it's not moved as quickly as we would have liked.
But haven't had any bad news and it's the world's largest shipping company we're dealing with.
Not so convinced on the other projects so any development is all upside for me.
Agreed. We were so long in the 6p to 9p range with so much less on the books.
No need to even think about a raise yet. Morocco trials and then supply agreement, should all be done and dusted fairly soon, and then, at a much higher price, QFI might decide to grab some cash from the market off the back of it and whilst MSC is at an advanced stage.
Roll on the results and update next week, then we'll see how long a cash runway remains, but should be past year end minimum I'd say.
No bother eh, it’s only been three and a half years to get to this point, what could ploddingly go wrong!