Member Info for Swanley

"Imminently" :)

I used to work for Ernest Ireland who were part of Mowlem I'm the UK. Solid civil engineering company.

Thanks Damers, cu $13500/tonne in 2028, lovely jubbly!

Anyone noticed this? Late reported but c. 15m shares bought for £2m at about 3pm UKT today.

"Yes no one should use the term "reach out," unless they're in The Four Tops."

Quote of the year.

"operated by a couple of Australians' operating out of Hong Kong - both ex Macquarie muppets using a quant strategy ( ie looking at a chart) and getting their deep fried as*es handed back to them." This made me LOL.

By a massive 0.01%. Better than a poke in the face I suppose.

Morning Damers and all,

I would expect to see an updated presentation prior to the start of the upcoming summits, so we should see that around the start of September.

Thank you - I concur. I ignored the price action in April-July as being significant. Happy to be wrong and this makes more sense in the overall picture: the weekly 200MA was bothering me and suspect a wave 5 to about 16p ish would clear the weekly 200MA but also signal the potential end of this first motive wave up. Let's see what happens.

Afternoon TheItalian,

I was thinking we're at the end of the first wave 1 impulse (looking at price from daily charts). I see a worst case retrace at about 9.4p, followed by a wave 3 to about 22p.

Are you counting your earlier waves from the rises in either March or April this year? I've excluded March since price then went lower in April, but I suppose the rise in April could legitimately be wave 1, and the long flat period until July could be wave 2, with the recent action being wave 3.

The high was 13.171, but the close in July was 11.940

https://app.screencast.com/Z2pgfOgvJIkKg

This looks like a fairly solid double-bottom now and price is obviously consolidating at somewhere around the high of last July and also the previous support levels of 13.03/13.15 from 26 Sept 2022/13 Feb 2023. Price 'should' surge through this level eventually and if a true double-bottom, then the target is usually 2 x the difference between the low of the double bottom(5.545p) and the high (13.171p) which makes c. 20.79p target.

If it does something like this, then the previous high of 13.171 becomes the new support level.

Only potential issue with this theory is the weekly 200MA which is currently hovering at c. 15p and could provide some further resistance.

I expect there's plenty getting out at this target level seeing the likely psychological resistance who want to take their 100% and run and I don't blame them for that at all. I personally just think there's a much bigger play here that is worth holding for, rather than trading at this stage of the project.

Yeah it's the expected psychological resistance of the previous July 2024 high at 13.1p. This will be cleared eventually.

Sorry, I meant Sept 2022 to Feb 2023 obvs...

I still see some potential resistance at 13.1p which was the top of last July's rise and also is the previous support level from Sept 2023 through to Feb 2023. Might see some friction here for a bit but hope to surge through possibly to the 15p level. GLA

This is moving very fast and looking every bit like it's going to hit the weekly 200MA at 15p sometime this week, at this rate.

Today the daily chart marked a golden cross, so from a technical perspective there should be a lot more buying in based on indicators like this.

Been watching this rise since last Thursday from a villa in France, it's a beautiful chart and is making the holiday that bit sweeter. I reckon the price might test last July's high in this rise, either the close at about 11.59 or the high of about 13.1 before retracing a bit.

GLA and bonnes vacances toutes les mondes!

Solid RNS today, with strong positive statements from DV - good to see.

Following the funding and PEP news, price has broken out of the recent descending wedge. On the weekly, the double-bottom pattern is developing nicely:

https://app.screencast.com/DgoAmf88OES6R

And on the daily, we can see the clear breakout from the descending wedge. Price is now hitting the daily 200MA, so we could see it bounce between this and the 100MA before breaking through, or it could just surge through:

https://app.screencast.com/lkC5AizOv4QGk

GLA

I used to hate getting wedgies at school, Solg wedgies feel just as painful:

https://app.screencast.com/tLwL2v6mHbjqt

Looks like we'll be at the thin end of the wedge by end July - just in time for some nice tasty TAM assay results sometime in August.

GLA

I think insanity and inability are both valid choices :)