Member Info for LythamSlim8

https://www.bloomberg.com/news/articles/2020-01-21/brazil-to-announce-new-charges-against-vale-for-mine-disaster

Could impact supply.

Yes but after the Chinese New year they tend to go at construction hammer & tong. So any softening of prices resulting from de-stocking before new year is quickly reversed soon after.

http://www.mmiprices.com/#/en/detail/201804260015

Agreed - the next leg up will be fast & furious. Bit of game playing to shake out the recent & weak holders.

Quick back test of it before saying adios for good hopefully.

This move looks less impulsive than recent gains. A slow, steady & sustained rise on the cards now?

Barc heading in the right direction but clearly behind the curve. Above 100 day sma now let's hope its got the legs this time.

GLA

I suppose MMs have to earn a crust as well.

Can't keep a good share down though.

About time. Been hammered for 3 days - should see at least another 2 days on the upside. Bigger candlesticks printed this last week.

Right on it at this price. If this move follows through tomorrow then should crack the 100 day moving average.

Decent update & pellet line works now completed. With increased output indicated & scope for further investment in facilities surely Fxpo now in the growth share category & therefore a rerating is inevitable.

Looking forward to a repeat of the gains seen during 2016/17.

Will be interesting to see the response of the US to the attacks on their bases. Buy on the sound of cannons?

... Increasing now. Should see some bigger moves. Still got that gap from late August to fill: £2.10 - £2.14. Circa 31% above this price.

http://bigcharts.marketwatch.com/kaavio.Webhost/charts/big.chart?nosettings=1&symb=UK%3afxpo&uf=8&type=4&size=3&sid=2745771&style=320&freq=1&entitlementtoken=0c33378313484ba9b46b8e24ded87dd6&time=7&rand=1772486409&compidx=aaaaa%3a0&ma=0&maval=9&lf=256&lf2=4&lf3=1&height=820&width=720&mocktick=1

This type of price action not unusual for Ferrexpo. Expect most of the city is still skiing so today's market is relatively thin and therefore easier to manipulate. I'm in here because I view Ferrexpo as a well established company that generates cash & decent profits.

Having had a decent tickle in this during 2016 / 17 I'm not too surprised that some chinless wonder in the city has been able to take the price down in a thin market.

So sit back, relax and enjoy the dividend.

Audaces fortuna iuvat as we say in Lancashire.

Yes - a lot of things going, or about to go, parabolic. Looking good.

Lol

Same to you NI and all best to everyone on here. Let's hope this move continues. Picked up some Montecristos in Edinburgh at the weekend - will burn 1 tonight in anticipation of another good year for Ferrexpo. A repeat of 2016 / 2017 will do me. GLA

Ha ha. Maybe close today around £1.58 then through it in the morning.

Having another crack.

Frustrating yes but strong resistance, when cleared, becomes strong support.