Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Went from these levels to 8.3p in two days during wainwright conference
Off the back off buys, good volume as mm’s actually raised the price. Right now their intention is to rob folks into selling and bore people from buying. This is the accumulation phase for the next rise and there are so many variables that can pump this up fast
Board have been silent for a reason and what they release could be extra special - expecting an update on DFS anytime now. This time last year it was weekly RNS leading up to what could have been the sale. Then the war happened
Volume drying up because no sellers and mm’s taking the mick. They don’t put this in a trading range and normally right before news they dip it just like now to hoover up
Russia Ukraine peace talks and when successful it’ll push this 50-100% immediately
If sanctions drop then back to 10/15p+
A sale looks currently being worked on and C. s has said their intentions are to have material news by this year about the sale. DFS? Waiting on NYUD? Perhaps buyer waiting for announcement of peace
Bought a few today as cheap as anything, and to those who think a rerate won’t happen swift and fast then look at Harl, 5p to 26p in days
Something is brewing over at EUA and i have a hunch the next RNS will be mega
Hopefully picks up later
How can support go from £2 to £2.40 after rising meteorically in 2 trading days!
Also they’ve been saying positive cash flow in Q2, then Q3 then again pushed to Q4.
They’re always been on guidance which is good.
But it’s still overbought. Healthy re trace is good.
242 earlier to buy and now 245 to sell. 1.2% gains thus far. RSI still over 60 on the daily. But it could swing a little higher today as it gapped down. Traders will probably take profit over 250 on the bid should it get there
Many probably spooked by yesterdays news and how easily this could drop overnight. Doomsayers were probably licking their lips yesterday and very glad they were utterly disappointed today.
Looks like it’s about to tick down for a bit. GLA
Did try to say
lol 80p don’t be silly
That’s not happening and if it does it’s because of something so dire you don’t want to invest in it
Gaps at 223-227 233-235
Don’t get suckered into adding too quickly. They make this difficult to trade so adding today at 252p could see you underwater for a few days or a week. Atb
Waiting on the 1-4h to be red and begin to cross over till then mm’s will play this like a fiddle
Yesterday TF:
News report bomb hits NATO member15 Nov 2022 19:08
It’s true-right on the border.Pathetic
‘It’s true’ - someone’s going to be disappointed today
its not really oversold its overbought. everytime it hits above 70 on daily it retraces a bit. not been this high since pre war
Yes you could wait for peace announcement and miss 40-50% but still plenty of gains to be made after that
Overbought on the daily
Went up too quickly needs to consolidate. Could move a little higher before trapping bulls
Good week and nice to see gold price having the desired effect
Looking forward to accumulating more , limits set
likewise bought some at 4p but sold too early at 8p and took out the capital. nothing compared to the amount down. but going to add slowly over the course of a year because the bear market wont turn until late 2023 and a lot can happen in 1 year (just look at the last 6 months). Any rise is welcome but our friends across the pond might want to sell it all the way back down
certain oil company profits ploughing into here. double test of the bottom and then predicting a meteoric rise akin to the days of old. followed by a few girthy RNS's. flew to 8p on nothing before, MM's taking it down right before news due in November. MT dfs !
BTC daily chart oversold and rsi in the dust. 5 day downtrend looks to be capitulated and targeting 30/33 gap which will require a btc rally but guessing it’ll over just above 20p before then
Massive buys yesterday around 16.5p support , easy 30% shortly
Those are definitely two chunky buys hence ask was dropped. Over done drop, most of the news was priced in and still undervalued- should be sitting comfortably above the £3 resistance
£2 support and MacD has turned on the 30 mins and about to turn- also a gap now needs to be filled above £2.20
Technically very healthy to retrace and confirm 200p support which is slowly rising
15 min crossed and 30 min about to cross. Just look at eua’s 10% bounce from the low and almost flat.
MacD suggest about to turn so picked up more at 201. Will take large amounts of shares at just a penny shy meaning tight spread, historically happens before a move up
same picked up a few k, got paid today so absolute result