Member Info for bonker99

Dropped an updated Nickel chart in the usual place - A nice looking upwards trend line at just above $10k now - if it triangulates upwards from there and you're bullish going forward (years) on Nickel then a return to $20k/$25k looks to be the target(s).

NPV on those numbers? :)

Afternoon - long time no speak :)

Yes, very oversold daily RSI now and a big pivot at 16s.

Hey.

Nickel at $10.7k right now so a bit of suppression down to here figures I guess as they've used $14k for the NPV numbers.

Nickel hasn't spent much time at all in the past decade under $10k though and has a $50k historical high lol so clearly some possible upside there :)

Interesting one - 3s and 7s imo as the ducks start to align - I've tucked a few away here anyway.

So far, so good, just need to not get spiked now lol

Unless my eyes deceive me and/or HZM don't own 100% of that $400m+ NPV project then this should be at mid 3s+.

Anyone?

Point taken about the reserves - perhaps that's the double-whammy that pushes this to 30s then.

I can only point at the chart techs of course and, again, I can't emphasise enough how well this may go should 15s become the new floor and someone seems pretty keen to make that so at the mo.

Ello ...

I'd like to hear reasons why IIs wouldn't be looking at this - given the current/recent market conditions, a strong/growing cash position backed up by the (newly boosted) promise of significantly higher production rates is an attractive combo imo.

WTI +2.1%

15s an enormous chart pivot mate :)

Some hungry hippos out there.

Aye up 3p :)

FYI - they murdered her to a 13.3p close yesterday then dropped the bid (on the book, not the buying level) to 12s on the open to fish for stops/sellers which yielded nowt hence the rise later in the day as they were forced to hit the ask instead.

Given the major gap-down to c10p just ahead of the last lot of possibly rerating news I'd suggest there's plenty of games going on here and plenty of big money looking to get in - Twitter/bb negative posting on that news would seem to confirm that view, late last night was particularly comical :)

The chart positioning is a belter if a stream of oh-so-timely good news was to roll in, and it has, including whopping director buying so I think there's everything to play for here. 20s in a straight line is easily doable once she makes 15s the new floor but I like 30s and, if the "market" subsequently *cough* gets ahead of itself *cough* then I like 50s too.

See how she goes but she's in a real tight trap now and that 15.7p print today breached the level she needs to close a week at to breakout properly - if people hold on there's a chance of a really good win here in the short-medium term imo.

All the usual carp from the pros :)

15s is your new bottom peeps if she's going to play very nicely ...

55p ;)

Oil +$1

I like mid 20s for starters - could go vertical once 14s/15s is broken - huge breakout pivot.

;)

There's a few such comments knocking about :)

Hang onto em imo.

Best laugh I've had for a while - thanks "gary" ;)

Ooh I'd love to touch that ...

but I won't.

Evening.

@ Copperman - re A4 - well, yes, I must admit I've had to filter/censor my thoughts somewhat in this post lol. Clearly, MOD are gaming/have been made to game by the money guys this past six months because what they're doing is nonsense *unless* there's a money reason behind it.

Clearly, they should have spent the last month+ hammering away at A4 but have "decided" to walk away from it and to release nothing news on A1 and T23 instead.

The SP reaction to today's news kinda confirms that for me - there's no way that duff drills at T23 (or anywhere else outside of the T3 Dome Complex) should be dropping the SP, none at all.

The SP/mcap is bound inextricably to the T3 PFS/DFS NPV values so while it could be argued that great drills could apply some temporary upwards pressure, applying downward pressure on stuff away from the T3 Dome Complex is clearly just organised manipulation.

I would have to assume based on today's SP action (not the news - it's utterly irrelevant to anything in the short-medium term) that MOD are placing sometime soon and, well, if they're going to do it pre-DFS (???!!!) and take anything like that $64m they said they wanted then it ain't going to be pretty. It should also, imo, be a pitchforks and torches job by PIs cos they'll have been proper fooked over by the BOD by doing it ahead of the DFS at sub/PFS prices.

At the mo it looks/feels like a PI stitch-up.