Member Info for bluegrass

I like looking at the pattens in the charts. There have now been 3 or 4 periods of steep rises in the sp since I first invested last October, each followed by a partial retrace of about 25%. We have now reached that level again and if the patten repeats the sp should start rising again soon.

0.1p not 0.01p

The lowest historical price I could see was 0.1p December 2023.

I am very happy that the sp is consolidating at this level before the next push up. Higher highs and higher lows.. You need these periods of consolidation when a few people take profit and new holders come in or others add as the sp climbs. Only a month ago the sp dropped to a low of 3.8 after hitting the previous closing high of 5.45 on 20th March. How quickly things change. With the sp consolidating around this level we will probably hit new highs on next news.

All very sensible advice. However people have been giving similar advice, predicting quite periods, predicting massive increases, fallbacks, ramping and deramping since I first invested here last October. The reality is that the sp has continued to climb and in all likelihood will continue to do so. A lot of the rises have come unexpectedly, for instance on the unexpected placing which seemed to give more confidence going forward. There will probably be more surprises along the way.

Messi you were preaching the same negative cr*p on 11th April when sp was about 5p The sp then continuously rose to the resent high of 7.2p on 20th April. You have zero evidence to back up your hunches. conversely people you would call rampers are basing there predictions actual professional studies of the company such as recent brokers note. Anyone that takes your advice would be a complete mug.

Maybe your right. Got other things to do now.

Anyone coming on here predicting drops is a trader who has already sold at a higher price. Ignor.

Agree they are tiny as a proportion of shares in issue, so in long run pretty irrelevant. Just big in comparison to level of trading going through . The recent slight pullback has happened on low volume so will quickly be forgotten as the sp rises.

Largish, maybe not large.

From the timing it seems more likely that the large delayed trades are buys. However it really doesn't matter, the fact that nearly all the trades were in blue territory indicates that the must be more buying pressure. The sp is consolidating nicely off the recent high. Expect it to trade around this level till next news and then maybe test the recent highs again.

Canilla. I am assuming that is what the planning application is for - further drilling pads. So be good to look at any planning applications when they are logged to to see where the drilling is planned.

Don’t sell in a dip, you are meant to buy in the dips. Otherwise you’re doing the opposite of what traders do, loosing money instead of making it.

If anyone needs reassurance just look at the 6 month chart. Risen by over 600% with a few dips along the way. Patten to continue.

I don’t think Leigh Creek is in the price. I am sceptical that this will go through by May and think it may be kicked down the road again. Hopefully not though and it will be a nice surprise if it does so may give some uplift. Think a lot of people will also think this.

I am not surprised at all. I don't understand why people just think the SP will rise in a straight line. There are always going to be points after the SP has been rising for a bit and then a few people decide to take some profit and there is slightly more selling pressure than buying. You couldn't even class today as a dip.

I first bought last October at about 0.65p. Didn't have many funds available at the time, but kept topping up early on and now have a large holding averaging 1.35p. SP bounced around a lot at that level for a while and things seemed more uncertain. I did sell on a couple of occasions early on after slipping into the red and to protect capital. Not sold any at all through all the ups and downs since then. In theory I could have made some extra by trading along the way, but I if I had messed about with my holding I would probably not have as many shares as I have now. Decided to go big early on and just stuck with it since I believe in the company. Think there is a lot less risk now than there was in the period from October up until the MRE. Just need some patience.

Overhyped I think that we are so far below fair value at the moment that I am not worried about being at the top of any curve. We are still exploring and the resource is growing and being proved up. I am expecting the sp to continue growing through the rest of the year until the publication of the PFS and it helps that this is also fully funded. I don’t think this is entirely guesswork when you look at the numbers being produced by the broker updates.

No bad thing. Best that this consolidates as it goes up. Helps avoid the pullbacks when it rises too quickly.

Overhyped think you’re over thinking this. I know it seems like a magic money tree some days and there is a temptation to think something is wrong if the so is not rising by 10% a day. But seriously how can you think anything is wrong. It’s as steady a climb as you could possibly expect, just look at the charts. Risen by 34% over last 5 days and it’s been in the blue all this morning so far.

Very pleased with the steady tick up that we are getting now. Makes the share less attractive to the pump and dump crew, so we are getting less nonsense posting on the board. You can’t sell and rebuy in the dips if there are no substantial dips. Sure there will be some consolidation and at some stage and there may be pull backs along the way, but the trajectory does seem upwards. Just a quick look at the charts confirms this. Personally I don’t think we are anywhere near fair value yet.

Sorry wasn’t trying to be rude. Just the natural way share prices move up, people taking a little profit and derisking etc.