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Well you’ll need to include Neil777 as one of those constantly
letting go of his load here then having to spend a fortune on some
viagra to keep it going and pump it up again
PJ
It’s working its way there on the chart in downward trend motion
the chief ramper Neil777 you are aware that he is constantly
trading this he goes quiet sells then spams every bb
with his latest trade ramping then instantly deramping once he’s
sold then back on here with his positive posts
He’s so full of himself when he just got lucky like many of us did
But in his case it seems to have gone to his head
If he was any good he’d know this is going sub 2 and to target around the
1.50 placing and would have held off buying back in
PJ
Chart slide
Sub 2 entering this afternoon for the many reasons
already outlined clearly targeting under but this bb is
like a cult worship now with the main protagonist trading this
like there’s no tomorrow
You were all warned of his MO
PJ
Not according to the chart
Sorry I think 35% was the most you’re going to get
on this one piece of news
Too many profit takers to support this region
back to late 2.7ish if it can stay supported on the chart
looks keenly overbought from technical point of view
PJ
This is heading back under 2 again to target the placing price
There’s a pattern but anyone now buying or trading this should wait for the
drop back there will be no news until at least beginning of March
that’s how long this takes and no certainty that the companies results
meet with the exacting levels of an independent checker
To deem a find commercial as I’ve said many times is not just down to
volume alone it has to be able to be extracted and it has to be
economically viable to extract and it’s a very expensive business to do so
Similar results already been had by co 3 times yet nothing ever extracted not even one cubic
metre of helium
I called the placing correctly that they’d make hay whilst it was put on cloud nine
but caution needed as all the holders ramping this up on 24/7 schedule are quitting and selling
out like the placees who don’t want to be left holding this if the same thing happens
again.
Chart targeting 1.69 at present will it reach that today perhaps but I’d say definitely
by tomorrow
PJ
Looks compelling for a strong breakout
Back to target 10-11 if that holds then
13-14 will be needed
This should have gone on Wednesday as the formation
was outlined but I see that there’s been some intention
to suppress it
I’m not sure they can sit on it for much longer as it’s looking
good to go
PJ
Buyers where were you yesterday?
Placing shares majority hit the market today and you’ll see
the big sell prints after hours those claiming forward sold that’s illegal
News on initial test results won’t be for weeks beg March and not even
any guarantee that they will be confirmed there’s several stages which
the rampers in here exclude from their posts.
Commercial isn’t equated by volume either it’s if it’s able to be extracted and
then if it’s commercially viable to heavy costs to do it
Placees at 1.50 making a mint from gullible buyers
Great for day traders who will leave this afternoon leaving you
once again holding under water. If you think this isn’t going back under
2.00 then you shouldn’t be investing
PJ
Yes it does the last placing was 0.25 and it dropped back to 18s
It always always will do that
Especially with the long timelines involved to next news which may or may not
be as they hoped nothing is guaranteed here despite what rampers have stated.
The process has failed 3 times with similar initial results a long and expensive path
and a commercial find is nothing to do with simply volume detected it’s way more complicated
than that and it has to be able to be extracted and importantly commercially viable
PJ
I agree RachelsDad this looks on the technical chart as oversold
expect a rally today
The chart is forming a nice bowl for all you traders out there
If support at 10 can be maintained then it could target next level
13-14 here by tomorrow or Thursday
Wasn’t the controversial placing price higher at 15? 16?
PJ
Dropping to placing price obviously it was only a matter of time
weeks before results come back and if they’re not confirmed as company hoped oh dear
Placees at 1.50 will sell at any point even slightly over as they deal in total averages to make
a good profit still on the vast quantities they still need to offload.
Anyone buying above this or who’s been buying over 2.00 will have a long wait as it sinks
into a drift.
Did tell you all and said they would place immediately after the good news RNS but I was
called all sorts and shot down by the rampers here.
PJ
Neil777 they haven’t got commercial helium how many times don’t mislead
it has not in any shape or form been declared commercial or even had independently verified of what they
have found initially
The deeming of commercial is not down to initial results either it’s not even about
simple volume it’s whether it can be extracted and that it’s commercially viable to do so it is a very
expensive business and if the cost outweigh the amount it cannot be done
But you keep ramping away miles past the placing price and dodge facts
Will be weeks before results - remember what names you called me when I said they’d
do a placing straight after the super positive interview?
Price dropping back and going sub 2 clear as day to anyone following this stock and
the ‘story’
PJ
They need independent confirmation as I’ve said so many times
I also said they would place with a heavy discount shortly after announcing and correct
You guys get yourselves in a frenzy pumping up each other when in actual fact
no verified commercial find has even begun to be declared if it even will
So many factors that the rampers just ignore but there’s many many steps
to verified commercial find. It’s not just volume it’s whether the volume is commercially viable
and can even actually be extracted viably in terms of costs and actuality.
You’ve all got carried away and jumped the gun considerably especially if you’re
aware this company has been past this stage many times and hasn’t been able to extract
even one cubic ft of helium
It will go back to placing price in meantime and drift as the focus switches to other stocks
you’ll then be able to buy well below placing price even after placees have left as there’s so
many pi’s still in profits from buying in at 0.19
PJ
They are sells some pis mixed in with placees
plenty more stock to shift yet
Will take some time and will lower the price
and lower as the results will take many weeks to come in
They won’t want to be left holding in case they’re not as good as company
claiming like last time - a case of pass the parcel
back into retail. Be patient and it’ll be back in close to 1.50s
Support levels already waning again
PJ
Well I see MM are upping the bid so a bit of pressure
going into close here and with it some good volume
Anyone who was willing to sell for a few quid has done so
I guess we make a very good base for a bigger run into mid range
14-15 where we will find support.
Under 10 is a safe bet then for tomorrow imo
PJ
So you think 38% to 8% pullback is legit
Chart looks strong
I take it Dr disagrees as he sold out
PJ
The forced pullback is totally overdone come on MM
Picked up some more as chart looking great to target
into 14-15 region
PJ
MM create the volume and placees begin selling
how many more got spiked again?
Take your profits and wait for the drift and the drop back to placing price and bellow
will be many weeks before any more news on testing and no guarantees
it will like last time actually prove up as commercial
Traders are taking candy from newborn baby newbie investors
PJ
The naietvy of some here is why they have been well and truly
spiked what was the rush to buy so high?
Small spike by MM to fool pi its moving north when everyone
who has any experience knows it’s in downward pressure to placing price
then a drift as results won’t show for many weeks it’s not an overnight process
PJ
Ray it’s even in the RNS it’s working capital mate
That is for everything inc lights on 4.7 will go quickly if not
already allocated to spends already
They have no revenue and big costs
There will be another raise again in Q1
I’ve been correct to the letter so far - wise to remind folk
this is AIM
PJ
Cup a coffee
Placees forward selling for profit and mug pis buying to fund ii profits
ii shorting from open or indeed from Monday as it was already known they’d
need a raise and ii want discount because it’s not risk free and they won’t invest
higher as way too many unknowns
Also pi’s taking profits as there’s a big gap from last placing in December
where for weeks all through January you could buy stock between 19-26 easily so they will still trade
to lock in gains now the penny has dropped along with the SP
PJ