Member Info for panman

Lol "high rsi sell, low rsi buy" might make more sense.

Its not as simple as high rsi buy, low rsi sell though is it?

"On the other hand, a high RSI can also be seen as a positive signal for a stock. If a stock’s price has been steadily increasing and the RSI remains consistently high, it may suggest that the stock is in a strong uptrend and could continue to rise in value. In this case, investors may use a high RSI as a signal to hold onto their positions or even consider buying more stock"

https://shallbd.com/understanding-the-significance-of-a-high-rsi-what-does-it-mean/

N.M.

Thanks for the info on this. Good to know. Shame they haven't rns'd though.

Would imagine that Power China already knew who to send the brown envelopes to before signing the contract. Don't they know the admin in Bangladesh quite well?

"it has signed a contract with PowerChina International Group Limited covering mine development works of approximately US$1 billion necessary to facilitate coal extraction at the Phulbari Coal and Power Project"

Heck of a spike wasn't it? Picked a few up this am on the drop. Looks overdone and some of the no's given going forwards are mindboggling, just a little patience needed imho something we could well learn from the lth's here I'd imagine.

Be nice if they did use our own reserves but more likely the tories have done a deal to buy US gas involving plenty of brown envelopes to ministers.

First time I've seen Aussie met prices under threat by US competition but sounding like mets halcyon days are over?

"Australian HCC metallurgical coal quotations tumbled to 305 USD/t because of higher supply as well as limited demand from India, with Indian traders ready to return to buying Australian material if prices adjust to the level of the US coal quotes.

In China, the buying activity remains subdued since steel producers face slowing demand for their products, as evidenced by the PMI index, which has been in contraction for two consecutive months. Last week, the China Steel Industry Planning and Research Institute forecasted a 2% drop in steel demand to 875 mio t in 2024."

https://thecoalhub.com/world-coal-market-brief-overview-115.html

Not got the telegram app but have bought a few shares today. Agree if the Croatian drill is successful these will lift from this abysmal level and from the news on the boards its looking fairly positive so far.

ATB to the holders,

Does seem a likely scenario imo. They're up to 25% now. Don't they have to bid at 30%?

Thanks for the headup on the grv interview. Getting interesting imho as they're expecting permissions back for the seismic in April and plan to get on straight away so they can drill the best location asap.

https://www.youtube.com/watch?v=SDEYHyiLbpk

Been a long wait here for the helium play. HE1 2?

Good to see the rise today and thanks to davey and his positivity I held through the dip.

Thanks davey50.

"would be a"

With the quite specific wording ie "The repayment amount will be the excess of $120 short ton for coal sales achieved by BCO" wouldn't imagine this makes their operations "lossmaking." and would think that would a contract that couldn't be enforced if so.

More than likely $120/short ton covers their AISC and not much else and can't blame avani if so. Hopefully with them at the reins trying to recover their loans the co. will do better than with Adam just trying to scrape together enough revenue from ops for his next bonus payment but we'll see.

Thanks Tenantry but I think these quotes are in dollars?

You may have to click box on the right for March contracts..

Chinese premium coking coal.

https://www.barchart.com/futures/quotes/D3H24

Aus coking coal..

https://www.barchart.com/futures/quotes/U7H24

Can they sell the software though without the CPT code? The 13th Oct letter told investors that hospital admin couldn't warrant buying it as they can't be reimbursed themselves without it. It also stated bayer and their other sales partners were eagerly awaiting it too presumably so they can sell it?

That's why I thought the May date for final decision on the CPT was so important to the co. and also why I have my suspicions that FAB sold the spike because they were given inside info on the fact they'd been knocked back and weren't planning to reapply til end of this year.

Would love someone with more knowledge to come along and tell me I'm wrong as I'm still holding but bar that happening am only really expecting any large revenue streams this year to come through grants.

"Earlier this year, we made the strategic decision to apply for a Current Procedure Terminology (CPT) code specific to the DSC perfusion technology available in IB Neuro. CPT codes are assigned and maintained by the American Medical Association (AMA). They are used to track and bill medical services for payer reimbursement. Like regulatory clearance, CPT codes are a critical aspect in achieving widespread commercial adoption in healthcare. Currently, a few of our clients are using a general, non-specific CPT code to get reimbursed for the MRI procedures that rely on IB Neuro, but only a limited few. This lack of a reimbursement pathway makes it more difficult for hospital administrators to justify investing in IB products. Fortunately, enough scientific and clinical validation have been performed by our co-founder, Kathleen Schmainda, PhD and her colleagues over the years, and a growing number of sites are routinely using IB Neuro as the standard of care, to warrant a dedicated CPT code. The application is due in early November and a final decision will be made in May 2024. A CPT code will help make for easier buying decisions for healthcare administrators."

"These gains in clinical efficiency dovetail perfectly with our strategy of making IB products accessible on larger, more comprehensive platforms, such as those offered by GE Healthare, Bayer, TeraRecon, and our other partners. Currently, we are working very closely with each of them in preparation for a busy tradeshow season. And, as you can imagine, all our partners share in our excitement of potentially receiving a CPT code for IB Neuro."

Yes getting cheap again. Still over $300 for Aussie metcoal , Chinese metcoal too (Mar contracts).

US metcoal seems to get the raw end of the deal pricewise. Shame they can't ship it to Australia and sell it on from there.

Handbags..

https://www.the-spin-off.com/news/stories/The-Materials-Discover-how-the-bag-of-the-future-will-be-like-17871

Do we know for a fact the PRD has been resubmitted as I can't see it RNS'd anywhere?

Not surprising for it to take more than one promising RNS to move the stock imho.

Stable to rising metprice and avani working in the interests of the co. now they have quite such an interest in doing so help rebuild some confidence going forwards I'd imagine.