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Nothing but a shake here imo. No new information. Let’s see if the days high is retested this afternoon. GLA
Personally feel this will be let go soon. Too much fundamental value to remain at these levels.
I don’t think it’s an attempted ramp my sources also suggest it’s at $4.75.. strange
Results much better than I had expected for 2020. Quite shocked.
Whilst copper is up 1.25% again, improving the bottom line all the time.
Will be taking another chunk of shares didn’t think I’d get a discount this morning.
Interesting to see if we break above the day high this afternoon. Given the movement of copper spot alone I’d say more than likely. GLA.
Extending early gains.
Market tried to give us a red day last week and this rebounded in great bullish style rebounding 10% and finishing solidly green. I don’t think it can be held back at these levels especially whilst copper is tearing away in the background.
We have already tested this area. I think 0.60 will be knocked over with ease today. GLA.
Copper is trail blazing. + 1.45% again today. Staggering.
RMM’s prospects continue to improve.
GLA.
Very bullish recent SP action. Copper extending gains again today.
Interesting to see if we surpass 0.60 today after a few tests already. GLA.
A green finish would be incredibly bullish imo. Just shows that this cannot be held back at these levels.
Turning green again! Whilst Biden commits to halve US emissions by 2030.
I initially had 1.0p in mind for a 15 / 20% slice, but I don’t think I can bring myself to offload any so cheaply. Let’s be honest, over time there’s only one way this will go. The macro environment alone is gaining serious strength all the time.
Really is just a case of sitting on your hands here. GLA.
Great buying pressure into close today.
Chinese copper inventories reducing due to rising demand “Copper cathode inventories at Shanghai Futures Exchange-registered warehouses and in China’s nine key copper consuming cities declined by 5,900 tonnes on week to 327,900 tonnes as of April 19”.
Looking primed to overcome ATH.
Copper is absolutely ripping. The market isn’t getting a bean until this hits 1.0p+ and even then I’ll be reluctant to slice a couple.
Tested 0.60 twice now. No doubt it breaks shortly. I don’t think this can be held back when the intrinsic value is so far beyond these levels and rising as each day passes. GLA
Interesting to see if we break through the 0.60 barrier this afternoon.
0.50 took a couple of trading sessions to break.
When you compare the Mcap of NCYT to similarly placed companies it’s an even more obvious buy & hold.
Whilst other companies are still developing their first products and maintaining/ increasing their market cap. NCYT has dropped around 70% over the last couple of months for all they’ve been generating obscene amounts of profit.
Other countries are recording their highest daily cases, the demand is still and will remain huge for the foreseeable.
A drop completely driven on sentiment alone, no acknowledgement of fundamentals in the current valuation imo. No matter how I put the numbers together I just come out with a laugh.
Market unable to hold this back for longer than a few trading sessions. Personally feel we assault 0.60 this week, copper up 2.20% again this morning threatening ATH.
The best thing you can do here is nothing, sit back let the company progress it’s turnaround in tandem with the copper price, behind a rising SP.
Excellent levels to be adding shares. GLA.