Brought More today in the bag they Go ! |
GTA5
Your post 2144 is indeed a good summary.
Brumit's 2,000,000 share options are at 10p and that should also exercise the mind.
Remember a year ago when our Process Development Mangaer was appointed and that also was really a very key appointment to develop and confirm our route to production. And the questions again were ....why did she join with her great track record ? A bit like the questions on Mr Brumit!! Her options are at 14p and 18p !!
When the next news comes.....there will be even more believers IMHO |
Lots of sells being absorbed with this rise. |
The main spot I'm looking at is how we react to the area around 10p. If we get rejected there, then we could be in a falling wedge patterns which while bullish could take months to play our and see down to .05 or lower.
But if we go though and and hold 10p there is not much holding us back from much higher prices.
Grain of salt though. I'm not an expert. I just like to draw lines and connect dots. |
The herd may be close to the watering hole Saracen ‘ some may have starting sipping from it .Hopefully our recent strength will be backed up by an RNS detailing the 2025 plan in detail |
Many thanks Manlord for the helpful Q&A on LSE cheers, Saracen. |
The question everyone has been asking: "is it real?" and with the appointment of mr Brumit it would seem the answer is now taken more seriously than SB's comments in the past.
It's far from the "Eureka" moment, but sure does ask the question of why he'd join and add his vote of confidence to something like this if it wasn't world class.
Next few news should be very very significant for the share price
Interesting times ahead.
GL, GTA. |
Not any old NED SuffolkJim but a seriously big hitter!!!!
[or if you prefer a mining industry heavyweight] |
That was me, thank you.
All those announcements we've had over the last few months and then NOTHING. Now all we've done is appoint a new non exec and it seems to have done the trick. |
Someone mentioned a possible CHART BREAKOUT here at EEE
The answer to that there is CLEARLY a CHART BREAKOUT going on as I type at EEE |
Weaker USD$ also helping mining stocks |
People jumping out of American tech today looking for somewhere to go. Mining looking ready for a good increase this year and where better to look than Empire. |
Just watch when the Herd arrives !! |
I'm rubbish at technical analysis, but is there a breakout price, or a level of resistance that we need to break through here?
Just looking at it from a layman's point of view, surpassing those two peaks of around 8.3 / 8.4 in August / September looks important. |
It is an excellent appointment and a big vote of confidence |
Fair call S3,& their buying may well have started last week,resulting in a decent rise last week.There will be many family,pals ,colleagues,associates ,LinkedIn followers etc who will be curious as to why this highly successful mining exec is spending many time & risking reputation on a speculative Aussie prospective mine & some will choose to invest due to FOMO & respect his successful track record |
I'm sure once PB's settled into his roll and got familiar with all staff and pitfield itself ( assuming he's already got the inside scoop on both or he wouldn't be wasting his time coming), I'm certain he'll be letting certain important individuals in his filofax the true potential of this world class discovery. I should imagine it's quite a tight knit community at the top in mining circles so any good news will undoubtedly be spread rather quickly and will result in many people down the line buying into a winner. 🤞 |
Saracen3, why would you think that?
Do you know personally his family, friends and professional colleagues? |
 Saracen3, I'm not sure I follow? Perhaps I missunderstand your statement, but as supportive as Brumits family might be of him joining EEE, this is unlikely to affect share price at all...even if they all "buy in support".
Even, -if at a stretch- even his past colleagues, and maybe a HNI might dip his toes in it's not going to do much for our share price as this will be absorbed as part of the normal AIM market swings.
I think that only real and tangible news will change our MCAP vs the distrust and dilution of shareholder value that's so endemic to AIM companies in general.
I think more importantly, IF Brumit really is as excited about EEE as I hope he is, he'll spend some significant time onsite (remember, he's a NED on the board only) but if he actually starts spending some time onsite, maybe getting more and more hands on with the day-to-day operations I'd take that as a very positive sign....(In addition to his likely very valuable connections and experience that he'll be able to share with Bunn and the EEE board of course!)
Either way, can't wait for processing news, Gov grant/funding news and ASX listing news, in any possible order!
GL, GTA. |
I think it likely that Phil Brumit`s family, friends and old colleagues will back him by buying shares in Empire. |
Hi CT1,This 2024 thread can kick trolls so that's why it's great and it's also why they don't really bother to enter here. It's a complete waste of their time.Now having said that, your name should remind all of us that it's important to listen to those with alternate views. Jumping the gun and kicking someone for mentioning "Is money needed here for a plant" or "what's the cash burn rate" etc should be viewed and answered as if the investor or soon to be investor is doing their DD, which they should. It will become very clear in very quick time if said poster is a genuine one or if they are here to cause FUD. ML |
Definitely worth much more here.
But just note my radar has gone off that a crew will turn up next week telling those who know that they know more, rather than the calm we have had with a nice steady climb.
I think we can see a full on flush of daytraders hitting here early next week.
I'm holding but will let 30% go at 33p...then see how the market makers play their boiler buddies...then I might consider anything over £2.
All best. |
100% mateIt was just the first drop down amount. I'll keep moving it upwards keeping it 1000% ahead of SPML |
Manlord
Only £1 ? Got to be a lot higher then that, I would start at £5 at the very least 👍 |
Peel Hunt morning mining comment
EMPIRE METALS NEW BOARD APPT. Phillip Brumit will be a NED with effect from 1 Feb 2025. Phil brings over 40 years of extensive experience with FREEPORT, LUNDIN, and NEWMONT which positions him to be a vital resource for the company. He will help the co navigate key milestones, including the development of a pilot plant and the completion of scoping and feasibility studies for the Pitfield Project. Pitfield has the potential to be a world class globally significant mine capable of producing large tonnages of high-purity TITANIUM, a critical mineral for which demand is expected to double in the next five years. |
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