Member Info for Bottmzup

Thats a fair point and probably why I wouldn`t sell all in one go. Its tricky to judge a sell off but have found that a placed buy order is better than trying to buy `on the hoof`....just a matter of reading the patterns of volume and turning points. Agreed it is somewhat of a risk though and could find yourself buying back at the same price you sold...or even higher if you get caught out!

Just looking back to the chart it has a lovely trading channel denoted by the parallel orange rising trend lines, and I would probably adjust my first sell watch at around 75p which coincides with the `mid channel` rising trend line along with the frequently visited support/resistance level shown by the `dashed` purple line. https://uk.tradingview.com/x/cRgoOvAI/ The overall appearance of the chart looks to be developing a `bowl` pattern, so bodes very well for 2018! Upwards and onwards!

there will be heavy selling hit 80-90p before strong leg upwards, leaving the ones that sold behind - Patryk221 Only left behind if they don`t buy back in lower before the next step up!!! It`s what I will be watching closely for...being a techie.....to increase my holding. I would say 72p would be a resistance level worth watching first, but all depends on developments....ie if the permit is sorted soon then c92p would be a close watch for a sell target. I wouldn`t be selling my whole holding at any point soon...maybe half then buy back lower. Wouldn`t want to be totally out this year. Delighted with the start to the year with the `very` strong breakout of the falling trend, and with the TSX being much more focused on Gold miners, and the stronger performance of the POG, I wish I had more funds to add now....but happily my other holdings have also had a good start to 2018 so not prepared to sell others to buy more here..... YET!!! I`m a relative newbie here and have averaged down to around the low 60p`s....so hope you LTH are handsomely rewarded for your faith in what has to be one of the `best grade results` gold miners on AIM...unfortunately AIM is a very unrealistic market for the likes of Condor, so thank the heavens for the TSX listing. Happy New Condor!

They were probably rollovers, sell then buy back for tax or whatever reasons...this has been seen many times with OBT in the past.

Yes, very! They really are putting a significant operation together and I wouldn`t be surprised if the sp is closer to 50p than 15p by this time next year. Well done to the whole team. No chance of me selling any time soon.

I suppose the company might now argue that anybody has the opportunity to buy shares at a bargain basement price in the open market.....bargain because of the progress made in this sleeping giant over the last couple of years. I am tempted to increase my holding at this support/resistance level which was last seen in Sept `16!! There does seem to have been a bit of an over reaction to some insiders getting favourable terms on there loans....its not as though OBT are scratching around for investors to inject some working capital whilst they wait for the new infrastructure to start paying `dividends` with the expected exponential income....quite the opposite in fact, there are plenty of players already positioning themselves in the new Obtala. Updates are due at any time!

...a bit like getting a Dragon on board then...the right one!

hammy, how come you finish your incessant frantic ramping posts with ...Nai? Is that... `no advice intended`? There was always going to be a spike for newbies to get impaled on while the long suffering took the chance to bail out.

Are they not involved in every share? bbr No bbr they`re not...thats the point...`they` are only here for the volatility and lack of liquidity, thats what makes it attractive for day traders because of the exaggerated % moves. You won`t find many day traders on Lloyds Bank, for example, because it doesn`t move much more than a couple of %. Can you not see that this one was targeted for a quick buck? Average trading volume not including Monday is about 40k...Monday was 2m!!

sorry, didn`t mean to repeat...technical issues

ps. the low amount of shares in public hands also `can` mean that you can`t sell at the price you want, unless you have a pre trading plan. People on here saying` anybody else have problem buying`?? Yes, plenty, and just as much wanting to sell that can`t when they try to.

ps. the low amount of shares in public hands also `can` mean that you can`t sell at the price you want, unless you have a pre trading plan. People on here saying` anybody else have problem buying`?? Yes, plenty, and just as much wanting to sell that can`t when they try to.

bbr391 The road has definitely been long for you...but now you have the opportunity to make some money on this volatility...if you time your sell right. Well done for being so patient in the extreme and waiting for your day. I must admit that I enjoyed watching the rise yesterday and was poised at 68p to start screaming SELL on here, because of the huge jump from about 59p straight to 67p on my live data, and gave away a massive chance for the traders to bank a very good profit. It seemed a bit too good to be true that this would go much higher on the strength of an RNS saying that they had reached `an agreement` on their legal issues, particularly because they`d already flagged that up as imminent. You`ll never know the figures so not worth pondering. They`re still small fry, but the `informed traders` knew that when this `news` came it would start some very volatile moves in the very short term. The herd pounced and I`d love to hear some of the best trades that were had...the 100%`ers will be having an extra festive holiday on the proceeds. bbr, you are learning my friend, because you`re trying to throw a bit of ramping into the mix...you must be picking up a few tricks from the `professionals`....although if you`re going to sound authentic you must get your basic facts right..it wasn`t 8p a few months ago, the lowest it dropped to was 9.25p intraday and the lowest close was 9.5p.....and then was c16p within the next 2 days, so it was a very brief chance to get in that low. Remember, this share has a very low number of shares in public hands, so volatility is nailed on with relatively low volume...thats why the herd are circling, and playing. Sharks could learn a lot from these experts. So now that the litigation is history, what kind of pitch could you give for new investors to buy into this story?

The due dilligence process is proceeding in a timely manner with site visits next week, but the key sentence is probably this..... `No undue concerns have arisen, and we expect a satisfactory outcome before the deadline of the 19th December 2017. Shareholders will be advised once the process has been completed and the relevant nominated adviser confirmations have been made to the Exchange.` I had wondered whether to jump on any negativity if this had dragged out, and topped up lower. But this RNS has probably scrambled that plan.

No worries...RNS out with a confident tone of `a formality` to conclude the process successfully. https://www.investegate.co.uk/obtala-limited--obt-/rns/update-on-replacement-of-nominated-adviser/201712051505064629Y/

New contracts expected by year end according to the Sept update, and other news issues as and when.

dactions...the NOMAD issues might be holding some potential investors back until its resolved...hopefully before the 19th. Agreed, has to be one of the `under rated` stocks around after the stream of better news and the willingness to get involved by new investors from Asia etc Maybe when the cloud of the nomad issue clears, the blue sky will establish itself. It may be just a regulations formality, or maybe its not quite as easy as that..(opinions?) Either way I can`t see the issue not getting resolved for OBT so 2018 looks like being `the year`.

I`m wondering whether the resignation of (Yorkshireman) E`BA` GUM will be of any relevance to OBT...being that Zimbabwe is such a close country to OBT`s region of operations. Countries could be queuing up to invest in Zimbabwe which surely wouldn`t be a negative for OBT at such a crucially forward looking development time in the OBT roadmap. More wealth for the 16 million could obviously mean more consumption and a knock on effect should help the whole region. What price OBT in a year or two???

Just some local reporting for you guys to ponder, not a holder myself but some friends are. http://www.plymouthherald.co.uk/news/business/plymouths-tungsten-mine-sees-turnaround-804054

You maybe over complicating things, suffice to say that 2p, being a previous support, was broken (as resistance) and price is now establishing itself above the falling 50 day exponential moving average. So looks ok but not confirmed to be a rocket taking off just yet, all this is from a very low level.