Member Info for RMc2407

The chart on this looks just like any other jam tomorrow share.

A rapid rise and a quick descent.

The SP is back where it was on 2nd Oct.

The mining license was announced on 25th June.

It's now almost Christmas when everything stops.

Prior to the license being granted we were told that everything was ready to go.

With such slow progress it's not surprising there's little interest.

When HEMO was consolidated they adjusted the share price, but not the number of shares held, so it looks like I suddenly had an enormous P&L.

And yes, I did try to sell and it wouldn't let me.

Got out of that one eventually with a profit, but after consolidation there was placing after placing at a hefty discount to the share price.

If the share is suspended it will be because of the consolidation, so that the numbers can be adjusted.

'Placing Monday...'

Nah. They'll leave it until Tuesday.

You clearly have reading difficulties. An odd problem for a self-professed trading genius to have.

My LOL comment was aimed at Banzai's rather grand list of predictions. Nothing to do with charting. It's really not that difficult to work out. Not even for you.

Now dry those tears, and ask your carer to explain to you that it's ok for someone to have an opinion that differs from yours and give it a rest with the attention seeking.

1. Have a look at the time I posted that.

2. Last price is an uncrossed trade.

Can't believe I've had to explain this.

LOL.

Momentum has certainly been lost Banzai, but that started a month ago.

This is an interesting read. A shortage of copper, but the smelters are in real trouble. That might account for the copper miners doing so badly.

https://www.mining.com/web/column-copper-smelters-are-facing-both-market-and-pricing-crises/

You can always tell when this is doing badly. The bickering increases.

Down again today on almost no volume. Very little interest in this company now.

About to go through a support level.

Next support level 0.34 or therabouts. Pre Breccia hoax level.

True though, innit?

About to tumble through the 200 day moving average. Soon be back at the level it was before the Breccia hoax.

Doing nothing at the moment.

For all the grandiose predictions, the copper miners are trading at the bottom of a range they've been in for six weeks.

Difficult to see them breaking out of that this side of 2026.

none of the copper producers are doing well.

even a giant like anto***asta is affected.

this article linked below may provide an explanation.

https://www.mining.com/web/chinese-copper-demand-sags-in-busy-season-after-prices-surge/

for all the talk of copper surging, the price is soft.

Not quite Mr T. When Liz Truss and Krazy Kwasi were blowing up the economy bond prices rose, BUT ONLY IN THE UK.

Now they're rising every where. Feel free to look that up yourself, instead of relying on the usual right wing rags.

Of course an independent analysis would improve things. All we've got at present is a paid for ramper, and one who's not too bright, judging by the cretinous state of his latest news letter.

But you already know that. You just like arguing.

I'm no fan of Reeves, but if you think she's worse than Kwasi Kwarteng, who caused a market crash in double quick time, or Nadhim Zahawi who ought to be in prison for tax fraud then give your head a wobble.

Back to Bezant and it would be beneficial to have an independent analyst produce a positive assessment of the company, but that probably won't occur until we get the free cash flow - if that happens.

So yes, get a move on Colin.

Not many of the miners are doing well. They're either trading in a range or declining on low volume, like this one.

Topping up might not be a bad idea, but it's best done in small chunks as this will probably fall further.

'The valuation is irrelevant if the market isn't interested in the short term.'

The market isn't interested in any of the junior miners at present.

I'm in this and another stock, both of which ought to be moving ahead but aren't.

I'm not worried but it tests the patience.

At least KEFI is trading in a narrow range rather than declining on low volume.

The Roasties reckon a market cap of £40 million.

Which would give an SP around the same as my 0.25 pence.

I wonder if they'll be accused of being derampers?

Here's the link

https://www.youtube.com/watch?v=xQwaimzr1pU&t=4258s

Charles Archer has now decided he's a political expert. He really isn't.

So he's lost this subcriber to his blog.

A mine supposedly going into the production and the share price plummeting. It's not a good look.

Despite every muppet with a keyboard claiming that there's going to be a massive shortage of copper, the market isn't buying it. There's a reason for that.

Both the US and China have massive stockpiles of the stuff and the economy of the latter is still limping along.

Beyond the short term there's an assumption that loads more AI centres are going to be built. That's by no means guaranteed. US tech stocks got hammered yesterday, and looking at the Nasdaq futures today, that's going to continue

Even copper miners that make money aren't doing well. Atalaya published a perfectly respectable quarterly report yesterday and the SP fell. Today it's down nearly 5% on low volume. Trading update. Low volume. Go figure.

I can't see that Bezant has done any wrong, but the outlook that's been painted for copper is hopelessly optimistic. I'd hoped this would eventually rise to 0.5p, but we'll be lucky to get to half of that. I expect the drop to continue and to be back at 0.05 before long.

A pleasure to vote against Poulden and the consolidation.

I was in Hemogenyx for a while and after consolidation there was one placing after another, often at a significant discount to the SP, which then bombed.

Then the share price rose suddenly (for reasons that still aren't clear) and I was able to get out a decent profit. I won't be going back though. There's a whiff of dishonesty with HEMO, just like there is with this company.

That the SP is constantly falling is worrying. Normally when waiting for news, a price will trade in a narrow range, remaining pretty much the same. I'm not selling though.