38 - 39 retest coming before recovery... If we continue into low 30p region all positives 'CEO', 'peru striking' etc. will be too little too late, unfortunately.
RE: What is the worst that can be expected?10 Feb 2020 15:25
Who knows how low the SP can slip... we aren't getting any help from the management at the moment. TLW can be put back on track with right people at the wheel.
I'm long at 51 and did not sell at 54 last week because I see a good potential in TLW. We all know this is massively undervalued so a bit surprising to see the SP sliding down like this... It will turn bullish and I'd rather see the SP pick up a a couple % a day than taking huge leap ups when everyone will rush to press that sell button.
RE: What makes you think it will bounce?8 Feb 2020 16:46
"Like I have said previously. Plenty of brand new aliases over the last few days" Followed the discussion for about a month but decided to comment now bringing back rationality to all those waiting for £12-15...
RE: What makes you think it will bounce?8 Feb 2020 16:22
Most people are attached to the share and believe that because it had been traded at £20+ now it is massively undervalued so a good time to go long.... However, if you clear your mind and imagine a worst case scenario, all intangibles and a hefty debt maybe you won't put a 50p in let alone £7 quid.
What makes you think it will bounce?8 Feb 2020 16:01
I'm short since Friday! I see nmc share price heading towards £5 (at least). Having said that I'm certain that the report will come out positive maybe with minor corrections... but IMHO the scale of their manipulation can be of a different order than most people think and only time will show! I won't be surprised if it turns out that nmc are not making any profit...