Member Info for Tornadotony

Now 18th or 19th January. Needs to move up from 192p towards 200p for this to remain the target date.

We have an intraday battle. Its the closing price that counts on the chart. We still have the second rising support line holding.

Hoping this holds up and we move up from here.

Support lines intra day breach thus far. Looks like a stop loss raid.

Favours an RNS between 19th and 26th of January.

Not sure why we are still in the 1270's.

The rising support is at 197p and strong resistance is at 214p.

production forecast not drilling forecast in previous on line 4.

RocketTVI and other readers,

Another view point to consider is that the company have undertaken 33,000 metres of drilling in various Tanzania mining locations which include B Creek, West Luika and so forth. On top of this, the company has been doing grade control drilling to an intensive extent which involves drilling every 20 metres in the mine plan blocks instead of 40 metres as usual to give an accurate forecast of 2022 drilling forecast. This has added to the AISC but has given higher forward confidence which they needed this particular year. The grade control drilling has consistently identified a performance 4% higher than the models planned for in all areas being mined in this calendar year. The company gave a forecast of 75,000 to 80,000 ounces of production for 2022 back in July 2021 and as far as we know that forecast has not changed. Additionally the company is to give an upgrade on reserves and resources from all the H2 drilling which has also given a mine plan of where not mine during that year as well as the best grade sources to achieve the annual output target. They also have a high grade mix of 7 g/tonne that was not used in Q4 of 2021 that could be used in Q1 of 2022. The main issue for Shanta in 2022 will be the gold price and the continuation of progress in VAT relief from the Tanzania Government that could discount it from tax payments in 2022 on revenue and thus helping with Singuida construction costs. Tony

https://www.heraldscotland.com/politics/19819844.iain-macwhirter-stagflations-word-2022-funny-money-gets-serious/

Overbought signals all wiped out.

I suspect another go later today. In the meantime slow stochastics are on zero on the 5 hourly with the daily on 80 or so but daily RSI has cooled to 60. We shall see if it has momentum strength to take out 103p.

We open on 1304p with a gap above to 1311p. What is staggering is that the aviation sector is up 4.5% with jet fuel going through the roof and 12% of their business was lost because of omicron. When gold miners report a 10% short fall in earnings because of a drop in production and higher AISC costs because of fuel they use the share price goes down in value by 30%. I can see a lot of people missing any kind of holiday involving an airplane this year in order to heat their homes and pay increasing tax bills. Perhaps they should buy airline stocks and hope the divis pay all the bills.

Same old game.

https://www.google.com/finance/quote/POLY:MCX

On Russian market up 18p.

Has a high spread. The short term overbought signals have cleared away. The 4 hourly and 5 hourly RSI has moved out of overbought range when I last looked on RSI. We actually want a down day recorded as it allows for a continuation of the rally with several more up days. The key target area is 112-114p, but it has to get past 103p first.

FTC and fellow readers, part of the move up on HZM is USA finally resolving an infrastructure programme through their political system. If they do not resolve it, all the commitments made at COP26 back in November will get trashed and that will impact on a lot of USA investments as well as the populace at large. Getting devasting tornadoes in December is unusual and that more it happens the more insecure many Midwest communities will feel and they join the forest fire, hurricane and prone to flooding USA areas and eventually that grouping has more political power than high carbon producing Texas, Oklahoma and West Virginia and the Dakotas.
All the best for 2022 to all investors and readers. Tony

More likely to be driven by a rally in the mining sector in general. I see HZM back on the 7 handle again. The sector could pull back later in 2022 as we could have volatility again affecting a lot of shares. La Mancha would also not want to see their shares at a loss.

Not listed above but over 0.5% of all Polymetal shares was snaffled up 2 days ago. Rally is underway here.