Member Info for Daisan

"Jane"

It looks like they may have hired Jan Fonda as company Chairman.

Whilst I am anticipating other announcements to swiftly follow, this would seem like a sensible approach to deliver short term gains once the Mokopane licence is awarded:

https://stockhead.com.au/resources/high-grade-vanadium-has-pursuit-well-placed-for-rapid-low-cost-production/

Also consistent with statements made previously by FM.

Of course I am not serious about reporting. The bad joke/bad taste bit on the other hand.......

We don't do nudity in my household! :-)

Interesting thoughts maccas21.

I tend to think that the trend channel you have drawn is important - more so than the trend line that incorporates the drop for the strike which, I believe, has skewed some other analysis I was reading last night.

However, I think that there are a couple of other potentially significant levels dictated by the 23.6% and 50% Fibonacci lines that also marry up quite well with Ophidian's wave 4 I suspect - the 50% line will marry up reasonably with the top of the channel which would make a lot of sense from a TA perspective (none from a fundamental perspective!). The low yesterday hit the 38.2% Fibonacci line so we may well play Fib ping pong for a short while.

That post deserves reporting on the basis of both a bad joke and bad taste!

Remains consistent with previous days activities subsequent to the buyer's strike in Europe/US. Prices between China and RoW gradually moving towards equilibrium.

There was a report in Ferroalloynet.com about the new rebar standards not being enforced as rigidly as expected and, as such, the steel manufacturers not adding as much Vanadium to comply (presumably they have the attitude of 'what the heck if people die as a result eh?'). I suspect that this is currently due to a ramp up but worth keeping an eye on to see whether these rules are ever actually enforced rigorously.

Yes, a fascinating day. I won't speculate on downside targets as anyone who is aware of Fibonacci will be able to calculate what TA practitioners will be projecting and I am happy to respect Ophidian's request.

Did we just lose a whole host of posts?

I would just reiterate that 'weak holders' is a standard term. One that I detest but standard nevertheless.

The share price rise has got nothing to do with Vanadium? By that logic, as you indicate that results and dividends are key, they presumably have nothing to do with Vanadium either.

"The SP will drop when you all start selling off"

Profound wisdom. I feel as though my mind has awakened to new horizons.

Cindercone,

Good to hear that you didn't bat your eyelids when you didn't like it. This is behaviour more associated with flirting.

miner69er,

This is a familiar handle. Have you been on any other BBs before?

I find it hard to believe that the market makers would go net short on this without a back up. I am happy to be proved wrong in the fullness of time (but I am expecting significant delayed trades) as it will mean that they potentially have a bit of a problem.

Personally I think that Mokopane and brownfield are linked which may be the reason that, whilst FM has been beating the drum of brownfield for some time, there has been no movement on this. It will be when it will be as this is currently out of our hands (although the longer we wait the more likely that this can be funded from cash resources which would be quite astonishing).

The dividend policy, however, is entirely in our hands so it would be disappointing if this was not forthcoming before the year end. Note I say 'policy' as it is highly unlikely that a dividend will come before the year. However, in my experience there is not a long gap between the policy announcement and the actual award.

AAZ is the most recent one that I come back to and they announced the policy in July, carried out a capital reduction in August, announced a maiden dividend in September and paid it in November. It went from 40p to 70p on the back of the announcement and has carried on rising since (currently 80p).

It looks like a rebound may be on the way or at least a hiatus in the drop!

It must be a pretty decent one for them to go for it that vigorously.

Indeed although it may be that they have put a lower limit in which case you will see the decline halt at that point. Once hit, that would be a good entry point.

I wouldn't be overly concerned as it would have to drop a long way to change the bull trend. In the short term the share price has become 'too hot' on a technical basis.

OK. I did a little testing and this is NOT a traditional tree shake in my opinion. I could buy a decent amount and can hardly sell any (for 43p). I suspect that there is a background seller.