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Huge buyer lurking
This will settle back at 0.08-0.10 but the mcap is still a fraction of UPL at that level. Plenty of cash and news due about partership with big entities going by the advanced discussions mentioned by the new chief.
Bullish close today above 0.06, so 0.08 will come quickly form here.
50MA touched and 100MA a short stones throw away.
But more importantly at 0.12 the market cap is still half of UPL and so the upside is significant.
Last of the cheap ones may go for good tomorrow.
Update to reflect the change in sentiment
Morning friends here's to another day of acquiring discounted stock and building a stake in the behemoth Chuditch.
Morning friends looks like the technical crew is jumping in alongside us fundamentalists. More ISA cash must be on the sidelines too.
https://x.com/Darrenukdaytra1/status/1777421715376611509
https://twitter.com/Share_Talk/status/1777416185946001462?t=6_gEI6wu8xQZcysh8oxqAA&s=19
Hi Meadow, on the weekend and this morning I suggested we would have a busy day today as many begin to get their new £20k ISA allowances.
We can oberserve a whopping 690mil volume today and the share price moved up from the morning opening price. Meaning some have began filling their ISA's.
Also we can conclude that most who have transferred cash to their new ISA allowance won't have this clear until this afternoon and can then begin to utilise the allowance as the week progresses.
So in conclusion I suspect the SP keeps rising this week as more fill their allowances whilst the share price is at a low point.
Can see this making a small recovery back to about 3p. Then if it passed the 2.5mt LCE which the new commander seems confident about then with the $3M royalty I can see this sitting at about 5p again.
Then when both the projects advance later this year back over 10p.
Who knows could announce an offtake with a big company in the US too out the blue. Piedmont? Tesla? To name a few....
Someone took the cheap ones.
Strong day today, massive volume, higher finish. 0.08p tomorrow me thinks with a lot more ISA cash coming in.
Time to share your thoughts.
SP looks primed to go ballistic!
My ISA will be loaded by days end. Looks like it's a race here for getting them filled for as cheap as possible!
0.06 gone, can see 0.08 today as there;s oo much ISA loading already and only 22mins into people getting their new allowances...
Very little stock at 0.06p. Breakout soon.
Market quickly waking upto how cheap the market cap is.
ISA loading has begun.
ISA in the 0.05s would be a dream for 2024 as SP has massive amount of upward potential.
GLA
DYOR.
UPL - Upland Resources market cap now £50mil.
BOIL £15mil with about half of that as cash.
I see a great opportunity here.