Member Info for wozzer70

It’s absolutely possible for a head and shoulders pattern to form within a week, especially on shorter timeframes.

A head and shoulders formation doesn’t need months — just consolidation and reversal after a clear upward trend, like you've got here.

The market dynamics are driven by emotion, so price patterns form quickly during key inflection points.

A fast-moving trend reversal can often create a "mini" head and shoulders pattern — with enough volume, volatility, and price swings, this pattern is valid even over a few days.

I have accurately identified the inverse head and shoulders playing out here. The neckline break, once confirmed above £2.62–£2.65, will trigger a bullish move, with the gap up as the next logical target.

The gap fill and neckline breakout are on track — and the reversal pattern is spot on for this type of setup.

Those with big pockets hedge funds/Institutions will create alot of noise, to create panic selling, for there own benefit.

This is the kind of noise, one should ignore. The bigger objective which will get us to the summit, will be the fundamentals of the company.

That's my only focus here, the rest is just noise, the kind of noise I am not here for.

TECHS

A inverted head and shoulders reversal pattern, was created last week, which if held will push us back up to fill the gap created in the price structure, as mentioned last week.

Onwards and upwards 🎯

Chart

https://docs.google.com/document/d/1C9gxAMwnQP0RFhKmTM_5QD1dPsbvRZ646AD1lNAJ-I8/edit?usp=drivesdk

That last stage of the bigger inverse head and shoulders is almost complete. Should it be a successful setup, it would also signal the end to this current downtrend, and signal a change in direction (UpTrend)

I would then expect in stages for the stock to close that gap up to £3.25 🧐

The price action down has left a decent gap in the price structure, to £3.25.

I would expect at some point, potentially soon for a reversal pattern to materilise, in this stocks current case a potential inverse head and shoulders, thereafter a gap back up.

Onwards and upwards

The stock continues it's trajectory between resistance and off it's long supportive trendline.

That recent bounce, has to navigate through X2 resistance zones, before heading back to £3.60 levels.

A rising wedge pattern, is what we are currently pushing through. A success here will open up those £3.60 levels.

Thereafter up until £5, we have multi layers of resistance, so one should expect the current path along it's long term trendline to continue in a similar fashion, between resistance and support.

Breaking £5, is a much clearer path to reaching new highs.

Chart

https://docs.google.com/document/d/1C9gxAMwnQP0RFhKmTM_5QD1dPsbvRZ646AD1lNAJ-I8/edit?usp=drivesdk

I say it's interesting as that's the final piece of resistance, shown on the maxed out chart. Post passing those levels would bring single instead of multiple levels of resistance.

A new broker/ institutional update on any forecast, would likely follow, should we reach those grand levels. 🧐

https://docs.google.com/document/d/1C9gxAMwnQP0RFhKmTM_5QD1dPsbvRZ646AD1lNAJ-I8/edit?usp=drivesdk

Element1 - indeed, the movement is strong, especially the longer term wide bullish trajectory. As long as that continues, the price movement will continue in an upward fashion, between resistance and support.

The key resistance levels shown here, one can expect false breaks/pullbacks at each level.

Hopefully the overall reversal structure will complete and some 😎👊

https://docs.google.com/document/d/1C9gxAMwnQP0RFhKmTM_5QD1dPsbvRZ646AD1lNAJ-I8/edit?usp=drivesdk

That breakout to the upside off key support is looking very favourable, as we now touch base.

£3.60 key resistance retest very likely, should a successful breakout come from its falling bullish wedge.

Onwards and upwards 🎯

Shaun did previously say they were not planning to move to the Main Market (this was true before the Scheme was finalized).

Plans changed later as part of the reorganization (the RNS is the final, binding record—not what was said in a Q&A before the Scheme of Arrangement was court-approved).

I’ve shared the RNS that clearly states admission to the Main Market and simultaneous AIM cancellation. I also spoke with the LSE directly, who confirmed operationally the AIM venue appears active and recommended contacting the company. I’m happy to wait for Greatland Resources’ formal clarification, as this is now beyond speculation and requires direct confirmation from the company secretary. All the best.

The administrative process of removing it from AIM and switching the primary listing has NOT actually completed in the LSE trading systems, even though the RNS was issued to that effect.

This is not unprecedented. It sometimes happens with:

Scheme of Arrangement reorganisations (especially when a new holding company is created).

Dual listings, where ASX or other regulators are also involved.

Corporate action backlogs at the LSE’s listings operations team.

So legally, the intention and declaration were for AIM to be cancelled and the Main Market to go live. Operationally, the switch has not completed.

Trading platforms still show AIM.

The FCA search tool doesn’t return a Main Market entry.

The AIM cancellation requires the LSE systems team to match up the Scheme of Arrangement records, cancel the old ISIN, and activate the new primary venue.

If any final steps were delayed, the RNS can be correct in intent, but the record isn’t fully transitioned yet.

The confusion continues in the investor community.

📌 Clarification: GGP is Main Market Listed — AIM Was Cancelled on 23 June 2025

There’s some confusion on here, so let’s clear this up with direct RNS quotes from the London Stock Exchange’s own site.

✅ 1. AIM Listing Cancelled (23 June 2025)

📄 Official LSE RNS:

🔗 https://www.lse.co.uk/rns/GGP/cancellation-greatland-gold-plc-x4rho47j3wwg8zr.html

> “Cancellation of Admission to Trading on AIM”

“At the request of the company, trading on AIM… has been cancelled from 23/06/2025 7:00am.”

This legally ends the AIM listing of Greatland Gold plc.

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✅ 2. Main Market Admission (Also 23 June 2025)

📄 Official RNS: Admission to Trading and AIM Cancellation

🔗 https://www.lse.co.uk/rns/GGP/admission-to-trading-and-aim-cancellation-6ghg6cp3lze38zj.html

> “Admission of its entire issued ordinary share capital to the standard segment of the Official List… and to trading on the Main Market for listed securities of London Stock Exchange plc will take place at 8.00 a.m. on 23 June 2025.”

“Admission to trading on AIM will be cancelled simultaneously.”

This is the formal move to the Main Market, under Greatland Resources plc.

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✅ 3. ASX Listing Came After

Greatland Resources also cross-listed on the ASX under ticker GGP from 24 June 2025 — confirmed on the ASX website and in their media release.

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🔄 Summary:

❌ AIM listing was cancelled.

✅ Main Market listing is active.

✅ ASX dual listing is live.

If your platform still shows AIM — it’s just lagging behind or hasn’t updated its backend yet.

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💡 No chatroom opinions override the legal record. You can verify everything yourself via: 👉 https://www.londonstockexchange.com/news

Search: “Greatland Resources” between 21–24 June 2025.

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Hope this clears it up for anyone still confused.

Do your homework — from the source. 🎯

> “All references to AIM are simply residual index or platform lags. Legally, the AIM listing was cancelled on 23 June 2025 per RNS, and the Main Market admission is in force.”

If you want a public, indisputable link, here’s how to get it: 1️⃣ Go to the London Stock Exchange Regulatory News Service (RNS):

👉 https://www.londonstockexchange.com/news?tab=news-explorer

2️⃣ Search:

Issuer Name: Greatland Resources

Date Range: 21–24 June 2025

3️⃣ Locate the RNS titled:

Admission to Trading on the Main Market and Cancellation of Admission to AIM

✅ Greatland Resources plc (GGP) is now Main Market listed — AIM listing was canceled on 23 June 2025.

🕒 It still appears in FTSE AIM index data, but that’s due to index review timing, not actual listing venue.

📅 The AIM index tag will drop around September 2025, after the next quarterly FTSE review confirms the move.

📢 GGP: Setting the Record Straight — The Positive Trajectory Ahead

As of 24 June 2025

To those uncertain or shaken by AIM ghosts — it’s time to focus on facts, not fear.

🔹 1. Main Market Listing – ✅ Completed

GGP is now officially listed on the London Main Market (since 23 June 2025) — a milestone that clears the path for institutional buying, index inclusion, and stricter regulatory oversight. AIM manipulation is now in the rear-view.

🔹 2. 100% Control of Havieron

Yes, GGP now owns 100% of Havieron — a multi-billion-pound asset rich in copper and gold, with decades of production potential. No dilution, no JV — this is full ownership.

🔹 3. July Earnings + Operational Update Incoming

We’re just weeks away from a key company update:

FY25 performance

Havieron project metrics

Potential production timelines

This will be the moment clarity meets value.

🔹 4. Strategic Stake: Wyloo Owns 18.18%

They don’t buy and hold just for fun — this is deep conviction capital. Strategic partners know where this is heading and are loading up quietly, while noise distracts others.

🔹 5. Technicals Show Bullish Structure

Current price action shows a textbook falling wedge into major support. With Main Market uplift done and news ahead, momentum is building. Watch £3.60 for the breakout retest.

🔹 6. Price Targets — Long-Term Vision

The £10+ re-rate isn’t wishful thinking. It’s a matter of:

Delivering Havieron

Sustaining production

Tapping institutional valuation multiples

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📌 Final Word:

Derampers play short-term games — but this isn’t a short-term story.

GGP is now a fully-fledged Main Market gold and copper producer-in-waiting, backed by tier-1 assets, long-life reserves, and strategic muscle.

This isn’t the time to blink. It’s the time to hold strong.

The best chapters are yet to be written.

(Wyloo is just an estimate, they seem to be accumulating frequently)

Multiple Resistance Layers to £5

This is why GGP won’t just spike in a straight line (unless news is nuclear-grade positive).

Each level of supply—£3.60, £4.00, ~£4.50, £5.00—will probably cause:

Pauses

Retests

Short-term pullbacks

Liquidity hunting

This is perfectly normal in recovering trend structures.

If we hold that trendline support, we should soon a bounce off it and breakout from it's current falling wedge.

The stock also previously started that wedge from hitting key resistance, which also at the same time pulled back from a double bottom, causing a false break.

Onwards and upwards

Full maxed out chart, shows multiple layers of resistance right up until £5, lesser at £5.50 & £6.50. up until £5 without news, the stock will likely continue it's upward Trajectory moving between resistance and support.

This chart shows the stocks Trajectory, should it complete that full setup.

https://docs.google.com/document/d/1C9gxAMwnQP0RFhKmTM_5QD1dPsbvRZ646AD1lNAJ-I8/edit?usp=drivesdk

The stock still sits in a very wide bullish trend. Currently moving through a falling wedge, iniated from being in overbought territory. If the trend is to hold, I would expect a breakout of that wedge around hitting it's long term trendline support and will continue that same trajectory until more news is released.

https://docs.google.com/document/d/1C9gxAMwnQP0RFhKmTM_5QD1dPsbvRZ646AD1lNAJ-I8/edit?usp=drivesdk

🟢 Trend

Primary Trend: Still technically bearish from the larger downtrend (January–April).

Recent Trend: Emerging short-term bullish reversal since June, with clear higher lows forming.

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📈 Support & Resistance

Key Support Levels:

~0.72–0.75 GBX (recent consolidation floor)

0.60 GBX (historical area of interest if weakness returns)

Key Resistance Levels:

1.25 GBX (recent spike high from late June)

1.50 GBX (psychological level, last rejection zone)

2.25 GBX (longer-term top of the initial big spike)

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🔍 Volume & Volatility

Volume increased sharply in June—suggests accumulation or speculative trading.

Volatility is elevated, evident from the long wicks on candles. This reflects speculative buying and likely short covering.

Large spikes without confirmed news are often suspect for short-term “pump & dump” moves—so caution is warranted.

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🛠️ Pattern Recognition

Double Bottom Potential: Around the 0.72–0.75 GBX area (April & June lows), which can act as a base.

Breakout Attempt: The recent push above 1.00 GBX was a breakout test, but it’s struggling to hold above this line.

Needs confirmation: Sustained closes >1.25 GBX with volume to validate a breakout.

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📅 Immediate Outlook

Bullish if: Price holds above 0.90–1.00 GBX and pushes through 1.25 GBX.

Bearish if: Drops back below 0.85 GBX with high volume.

Catalyst-driven: Any confirmed partnership news could drive a squeeze into the 1.50–2.00 GBX region quickly.

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🧭 Summary

Short-term sentiment: Neutral to cautiously bullish (speculative buyers active, shorts covering).

Medium-term trend: Still requires confirmation of trend reversal (sustained higher highs).

Key watch: Contract announcement and sustained daily closes above 1.25 GBX.

The passing of 1.260 key resistance will likely see a move Upto 1.8 key resistance, followed by 2.2 key resistance. A false break/pullback may occur at each level up, followed by a little consolidation before continuing with it's trajectory north.