African Pioneer Share Discussion Threads

[bigginge1] 24/2/2022 10:30

My post was meant for the CHF board.

[pranchalee] 24/2/2022 09:36

Most of that tied up in ftse 100

[soulsauce] 24/2/2022 09:28

Indeed :-/

[pranchalee] 24/2/2022 09:23

What a morning

[pranchalee] 17/2/2022 09:12

88721 buys on a Tuesday sells on a Thursday any wonder most people lose money on the stock markets

[novicetrade68] 16/2/2022 13:45

Copper doing very well atm too and went through $4.50 last week, could have another go towards $5.00 over the next few weeks, months.

[plasybryn] 16/2/2022 12:33

Well done DH. A good detailed explanation which is much appreciated. Fingers crossed it plays out broadly as suggested.

[pranchalee] 16/2/2022 11:57

DH like your explanation and thanks for taking the time to explain.Love this little story,hope it’s a happy ending

[the dark horse] 16/2/2022 11:51

GM pranchalee, just using the chart to find a good buy point. First I have to like the story and I do. Then I follow for a while and when I saw this jump above 4 I patiently await a set back. Fibonacci suggests that a rise will be retraced by .382 if shallow, .5 which I use as my norm, and .618 if it is a steep correction (which often follows a steep rise). So AFP rose from 1.9 to 4.45 = 2.55 so was looking for retrace of .975, 1.275, or 1.576.
Given the current geopolitical situation I felt it right to be patient and hope for a .618 retrace so a target of just under 3 which happened to coincide with the simple trend of the recent lows.
No guarantees (there never are) but IMO a nice guide and when it comes about you just have to jump in. Then if it starts to turn and rises above, in this case about 4, then I would double up.
Looking for a move up of 2.55 to 4.125 from 2.85 low so target 5.4 to 7p in the next 3-6 months but also happy to hold as they are in my SIPP and 2-3 years from now could be a multi-bagger
Hope that helps but charts are not a science just another helpful tool, hope I have been too ;-)
tdh

[pranchalee] 16/2/2022 11:25

Welcome dark horse could you explain to an idiot what your charts are saying please

[soulsauce] 16/2/2022 11:18

Welcome Dark Horse great story developing here.

[plasybryn] 16/2/2022 11:18

Looks good to me. A nice entry point.

[pranchalee] 16/2/2022 11:16

Can’t understand charts at all

[the dark horse] 16/2/2022 11:10

Just dipped my toe in as I like the story and the chart is looking good - we will hopefully bounce up off the trend line having retraced .618 off the move up from December
GLA
tdh


free stock charts from uk.advfn.com

[novicetrade68] 14/2/2022 21:20

The actual prices often differ during the day, today was 3.60p to buy, and 3.41p to sell, but also changes frequently and volume available changes too - ie from 250k quoted to only 50k available at full price.

[pranchalee] 11/2/2022 11:12

John put in a limit order at 3.55pand see if they fill it,you never know

[pranchalee] 11/2/2022 10:54

Hard to buy in quantity anytime,small free float which will get smaller as time goes on

[johnswan193] 11/2/2022 10:32

For those who have bought in here, have you had to do in 100k instalments or have there been points were larger sizes were available? And has the published spread always been so wide, and have traded prices followed that or have they generally been much narrower? Tks.

[pranchalee] 10/2/2022 08:48

Copper bombing along

[pranchalee] 09/2/2022 20:14

Copper up nearly 4% today,the future is copper

[soulsauce] 09/2/2022 19:11

Yes a great listen Plas.

I like having someone willing to build the plant and take money from production. That shows an awful lot of faith in Colin.

Also the potential payments from the two option agreements could be very sizeable.

[plasybryn] 09/2/2022 18:44

Great stuff soulsauce

[plasybryn] 09/2/2022 08:25

From the RNS - APP? African Pioneer plc ("APP" or the "Company"),

[soulsauce] 09/2/2022 07:56

Not sure Plasybryn. I don't know how long these things take in Namibia but CB is aiming for an operating mine by the end of the year so it has to be mid Q2 at the latest imo.