🩳🩳🤣 |
Overbought position is unwinding |
I don't think we're vulnerable to a cheeky bid at all. Remember that we "only" hold 70% of Pitfield, and Pitfield hasn't even got JORC, permits or any of the other essentials in place, making it very hard for a 3rd party to swoop in with a big enough number on the back of what is really only preliminary metallurgical assessments.
I'd welcome it as it would lend credibility/visibility leading to a much higher instant valuation. (Thus making future cash raises much much easier, thus increasing the options and probabilities of success for Empire.)
Bring it on I say.
GTA. |
Meant to say "it wouldn't" surprise me |
I think we could have enough momentum to get to £150m-200m mkt cap this year if we deliver the targets set on the recent presentation Then we can entertain bids ;0)To be honest it would surprise me if Sean has been impressed by the Iperionx model and happy to follow that |
I think the second half of this year will be interesting (gut feel) |
Just for clarification, I wouldn't want us taken out now but at the current price I think we're very vulnerable. |
I would like to see the trend line through the two peaks of the past year taken out , That would need price to get to around 10.5 p .
The March conference could be puvotal . US investors much more effective than the pathetic AIM environment . Bunny must believe he has a big message for them . Lets hope so |
An offer north of £2 I might consider |
Sure! I'd like to see an offer at a fraction of our true value..... ;)
Let's go. |
Do we want to be taken out at a fraction of our true value ? |
Surely now one of the big boys are going to make a move here. Current mkt cap is chump change to the likes of Rio! |
Two or three months ago, I suggested that Rio Tinto should dump Sovereign Metals. No loss of face.Simply Business. A much larger find /better quality of titanium in West Australia. |
Gta5, if anyone day trades this, they must be the greatest technical analysts the world has ever seen.
Me, I'll stick with decades old Buffett style fundamental analysis.
Market, location, potential revenue, profit, market share, moat et al and time in the market, rather than timing the market. |
 Thanks Cevodniya and klosters65, my comment was a little tongue in cheek of course...
I appreciate that there is some predictibility in the swings, but highly tricky to time right, and going by RSI and sentiment might help a little, but won't tell us anything about real world news and their timing....
To answer your comment klosters65; you'll know if you managed to get the daily low-point allright, but as we know, unless you're a daytrader the medium and long term 9.7, 9.8 or 11.9 should not matter as we hope for many multiples of those...
My timing yesterday at 10.1ish looks ill advised today, but in a few weeks it might look awesome. The only question for me is if Shaun&Co can manage to get a bit more meat on the bone soon, and deliver news that can de-risk this substantially.-BEFORE- needing to raise more cash or make a deal with someone. I'm hoping they can make the next raise or JV at 40p or 50p, 90p and not at these depressed levels.
At the moment the headlines are awesome, but there isn't enough substance in the metallurgy, processing and end product. Yet. :)
GL, GTA. |
Haha 🩳🩳👍🥳 |
Well, that was a adrenaline reversal.I've just bought at 9.7p.Should know whether that was stupid or wise by the end of the day. |
gta5, guys like juju can only speak after the even with 20-20 clarity.
It gives their fragile, sensitive personality a little boost in their eye.
Their ability to analyse and post prior is zero. |
juju44, next time just say "we're overbought" when it happens, not after the fact.
Would be really helpful with my purchase timing....
Like right now; "Oversold"? ;)
GL, GTA. |
Round numbers always resistance |
Was well overbought and correction overdue . Healthy in the end |
I believe this is a great presentation document.
As has been said no need to go into detail by detail with dates etc....no need to get it to over 15p or so quickly and then fall back making money for the traders. It is sticky holders they want and looks like they are in the window for partnership/strategic investor like GTA5 mentions above. Look at the value of the 3 companies highlighted and EEE stating they are undervalued in comparison.
With this coming out now....IMHO news must be brewing....now 44 days till the conference in New York.... |
I'm struggling to understand what's with all the selling this morning! |
Skimming through the presentation I think they're ready for a "strategic investor" and hoping to attract a major, or key player that can see them through to production. Page 11 already alludes to it in various points, and page 12 clearly reads like an ad for the need for partnership/strategic investor.
Oh well, let's see.
GL, GTA. |
I would like to see us get comoftably past a bid price of 10p. It's a nic round number for traders to take their bit off the table. |
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