Member Info for crowfoot

Bollux - I've just broken my 'don't reply to wyn' rule!

Wyn, I thought such a well versed trader as yourself might have mentioned that we just bounced off Mr Fib's fifty percent retrace line. Also if you'd have closed out your trade when the RSI hit 80, you'd have missed the climb from 68-86p?

GLA

WelshFalcon - you make a good valid point and you would expect them to follow your maths.

However the 50p raise was a calamity and mismanagement imo and it cost decent people their jobs which was tough but correct. It should have been dealt with sooner as we all know. We now have new people in charge with a completely different direction/plan so whatever they decide we have to trust that they know what they are doing even if some shareholders think they are wasting money yet again.

The daily chart looks good and the volume is much improved. So only my opinion but even if we do convert again it doesn't necessarily mean a share price crash disaster with everybody shouting DOOMED! GLA

Https://www.nih.gov/news-events/news-releases/study-suggests-reinfections-virus-causes-covid-19-likely-have-similar-severity-original-infection

There are just so many companies on AIM that have raised at terrible discounts over the last few months. If you are happy to leave some money on the table and not take every 10-20% that comes along some of the rewards could be spectacular. Equally if you have time all day and a good strategy you could also do really well. It's all fun and games but somebody has to lose unfortunately in order for you to win. GLA :o)

Minimal info as ever and nothing regarding new product Nanophos which is disappointing. Back in the bottom draw with the rest of the forever hopefuls. GLA

Intraday yes I agree. It depends how you like to use charts I suppose. The current formation looks positive to me so let's see what the next few sessions bring. GLA

Not sure if this has been talked about but Bangladesh and China signed 21 cooperation documents, 16 of which seem to be MOUs. We'd already signed an MOU with state owned Powerchina back in March so for us that part was already taken care of. Just saying. GLA

Haven't looked since weekend but good to see you still posting RogerJ, you seem to be a realist like myself. Toffers and his 'no such thing as a pullback on this stock' don't help whatsoever. I thought the CFO spoke quite well and honestly in the recent interview regarding the fund raising debacles. If you need money and don't make any they call the shots. Prove up what's down there and we will have a multitude of options. GLA, exciting times ahead but this is a traders dream so expect plenty of peaks and troughs!

Thanks notrex, good to know. I do hope it's regulated better than the AIM 26 and TR-1 rules where people seem to 'forget' to notify a change! :o)

Not up to date on the reporting regs for shorts and where short-tracker get their data from but I'd be surprised if they haven't closed out more than that already. Happy to be educated if somebody knows for certain. GLA

Basically a 12 month closing high if it wasn't for the UT. The last trade at 16:26 was 83k @ 2.377.

Let's see what tomorrow brings. GLA

Not at all no. GLA

The UT is the closing price.

Toffers, I never said I was more knowledgeable and I don’t give a toss if you think I’m full of BS. This talk of no pullbacks whether on an intraday or daily chart is just rampy nonsense. Happily invested here for the long term but I’m a realist not a charlatan. GLA

Toffers don't be silly, there are always always pullbacks. Just look at any chart you like ever. GLA

As an ex trader buying at an inflated opening price is never a good idea unless there's an earth shattering RNS of course.

Wait for the pullback around 8.15 ;o)

@RJ - I can't see them going it alone in the long term. If it's as successful as we all hope then in my opinion it's a JV or we are bought out for a very decent premium based on a percentage of what's down there. If they do raise again in the near future based on success it will be a perfect buying op as you can guarantee the MMs will open it not far off placing price even if it's a relatively small dilution. GLA

Not sure what happened there but I do know when to use capital letters honest guv! :o)

personally i enjoyed your post searcher. imo far too many people think it's just a matter of time until we get the green light. we are at 5p with a mc of £25m because it's still a ****e or bust investment. if we were days away from great news i'm convinced the share price would be much higher as somebody always knows something that they shouldn't.

however the fact that they can class this as a 'green' coal mine is still a massive factor and the eventual signing of the construction and overburden stripping contract in march surely was for very good reason. gla

I still think there will be another placing at some point unless a JV comes out of the blue. Hopefully the share price will be well north of here if it does happen. It's an awful time for raising funds in the UK right now and so far the dilution and price has been an absolute shocker. Having said that we are currently valued at £46m so we could be multiples of that if the next month goes according to plan.

Talking of absolute shockers I remember buying ARB at 12p, it dropped to 5p and I couldn't wait to exit when it got back to my price. I then watched it day in day out climb to 334p over 8 weeks. An annoying period to say the least.

GLA