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Maybe some iis thinking acquisitions gonna cash draining, possibly leading to lower dividends.

SHG, although more exploration weighted, suffering the same, inexplicable, SP fade.

Well, if you're right, and I suspect you are, there's going to be one hell of a short squeeze in the not too distant....

50 MDA. 1837.10
200MDA 1837.00

Now let's go!!!

And CEY still 103p

Something's not right here.

It would be prudent to push the issue while the iron us hot IMHO.
Egyptian authorities want progression from CEY, so get them to seek friends in the Egyptian courts who an expedite a simple fuel duty resolution.
Good business is often conducted using mutually beneficial timeframes.

MrTibbles,I wholeheartedly concur with your post, directly preceding this one; I , normally invested in mining companies with much lower MC than CEY, have yet to experience a surge in SP instigated by RNSs announcing acquisition/s of new licence/s. They are invariably perceived as good in the long term, yet funding requirements weigh on the present appetite for investment. If they do, however, Lead to $22M US, in contra charges, credit notes, or whatever it might be called, in lieu of fuel duty overpaid, then we could experience a bounce The current trend, being untouched by the recent strength in POG, however, is not encouraging Although we have no RNS released yet on the matter, I'm sure the terms of the new licences are widely anticipated by the market and CEY is pricing itself accordingly.IE

Sorry, Wrong Thread.

MrTibbles, I wholeheartedly concur with your post, directly preceding this one; I , normally invested in mining companies with much lower MC than CEY, have yet to experience a surge in SP instigated by RNSs announcing acquisition/s of new licence/s. They are invariably perceived as good in the long term, yet funding requirements weigh on the present appetite for investment.lf they do, however, lead to $22M US, in contra charges, credit notes, or whatever it might be called, in lieu of fuel duty overpaid, then we could experience a bounce .
The current trend, being untouched by the recent strength in POG, however, is not encouraging.
Although we have no RNS released yet on the matter, I'm sure the terms of the new licences are widely anticipated by the market and CEY is pricing itself accordingly.

Today's MDAs

50 MDA. 1836.90
200MDA 1837.00

Do we're basically 0.10 away and $1813 ATM.
I am no chartist, however thus could set the new resistance here and head up into a different trading range now.

Today's MDAs

50 MDA. 1836.90
200MDA 1837.00

Do we're basically 0.10 away and $1813 ATM.
I am no chartist, however thus could set the new resistance here and head up into a different trading range now.

And I thought chartists loved Golden Crosses.
Gotta be this week if the current trend continues.

Just look at those hourly candles!
Yanks throwing their dollar in now!

Doesn't sound too canard to me

There are three stages to a golden cross. The first stage requires that a downtrend eventually bottoms out as selling is depleted. In the second stage, the shorter moving average forms a crossover up through the larger moving average to trigger a breakout and confirmation of trend reversal. The last stage is the continuing uptrend for the follow through to higher prices. The moving averages act as support levels on pullbacks, until they crossover back down at which point a death cross may form. The death cross is the opposite of the golden cross as the shorter moving average forms a crossover down through the longer moving average.

The most commonly used moving averages are the 50-period and the 200-period moving average. The period represents a specific time increment. Generally, larger time periods tend to form stronger lasting breakouts.

50 MDA . 1836.50
200 MDA 1837.30

It's on the cards, in the stars and written in the tea.

Sorry, bit pi55ed last night.
My meant to read IMHO.

Apologies to Central Services, please don't report me.

For shares like WRES.
It tells you nothing. As soon as the bid is sold it can be reinstated again.
Same with the ask.
L2 only helps traders on shares with much more liquidity than this.
Just more BS.
Fact.

Oops.

Need to find 68.2M shares to close out.
Do any of you more experienced investors think that they might be selling this down to try and fix a close near their 100p entry?
Does seem that the SP is moving contrary neither to any significant movement in POG or sentiment regarding CEY's performance or the broader gold mining sector in general.