Empire Metals Share Discussion Threads

[master rsi] 04/7/2024 12:33

Thanks, is my idea if any wanting to buy or top up your do it at the right time of the cycles.

Chart with oversold indicators ( not easy with the

[geko5trade] 04/7/2024 12:27

juju44, Yes we all spend quite a lot of time analysing the short term chart but I have been saying for some time if you zoom out and look at the longer term chart the rising trend has been unbroken. It's quite a wide trend but unbroken as you point out from the lows.
Master RSI, Yep agree, good call.

[saracen3] 04/7/2024 12:26

Guessing you had an a/c with a satellite branch, forced into model portfolios by head office compliance.

[klosters65] 04/7/2024 12:15

The gulf between the bid and ask is so big that I am persuaded that the powers that be do not want us to be buying shares at this price level.

[klosters65] 04/7/2024 12:11

Blimey - you could be talking about me. When the bid price, for such a short time was dropped to 7.5p, my whole position was taken out. I'm busy rebuilding it the last three days.

[saracen3] 04/7/2024 12:04

Am hearing of a client sold out by his broker on managed a/c, buying back through a trading platform.

[master rsi] 04/7/2024 12:02

Do not forget the share price is wanted due to the new cycle , as all the Indicators are now rising from the oversold territory it was.

Spread 8.20 v 8.60, up again

[juju44] 04/7/2024 11:35

We have a trend line running through all the major lows since last July . Have just recently bounced of it

[dogwalker] 04/7/2024 11:26

Thank you Master RSI.

[master rsi] 04/7/2024 10:29

Slowly but surely the share price is moving in the right way,
spread 8.20 v 8.50p

[onedayrodders] 04/7/2024 08:15

Unless I am missing something, surely it is now when and not "if" we see something along those lines soon with Empire.

Could be a bombshell JV or massive funding RNS drop any day

IMHO

[geko5trade] 03/7/2024 23:02

jelignite, MC of Sovereign about four times that of EEE depending exactly when you look. Look at the multiple of the resource EEE have and as you point out all the other factors. Not difficult to see why investors are increasingly tempted by Empire.

[jelignite] 03/7/2024 22:27

So looks like Archers minions have been on the case,My response has been, They only have 30p because of Rio What us if we get the Aussie Government. Mining Journal Rio Tinto ups stake in world's biggest rutile deposit Miner now holds 19.76% of Malawi-focused Sovereign Metals Err is Malawi as good as Australia? Mining Journal However, the upgraded Nakala road corridor will pass through Sovereign's mineral resource, although "we will need to construct a 6km rail spur in order to connect before it goes to Nakala port in Mozambique," Eagar said. For investors, Sovereign is clearly a long-term prospect. The DFS is probably not due until the end of 2025, construction of a 20-metre open pit mine is scheduled for 2026 and production is not until 2028-2029.  Is it worth the wait? Sovereign It has a mineral resource estimate of 1.8 billion tonnes containing 18Mt rutile at 1.01% EEE exploration target. Highlights ? The total Exploration Target, covering the Thomas and Cosgrove mineral prospects, is estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2*. EEE 5th June 2024 Highlights · The discovery of naturally occurring rutile and anatase within the extensive weathering cap that covers the deeper bedrock titanium deposit, will have a material and immediate positive impact on the overall project economics. · Rutile and anatase are both highly valuable titanium dioxide minerals that contain >95% TiO2 and are both important feedstocks for the titanium pigment and titanium metal markets. Hmmm

[jelignite] 03/7/2024 22:02

So looks like Archers minions have been on the case,My response has been, They only have 30p because of Rio What us if we get the Aussie Government. Mining Journal Rio Tinto ups stake in world's biggest rutile deposit Miner now holds 19.76% of Malawi-focused Sovereign Metals Err is Malawi as good as Australia? Mining Journal However, the upgraded Nakala road corridor will pass through Sovereign's mineral resource, although "we will need to construct a 6km rail spur in order to connect before it goes to Nakala port in Mozambique," Eagar said. For investors, Sovereign is clearly a long-term prospect. The DFS is probably not due until the end of 2025, construction of a 20-metre open pit mine is scheduled for 2026 and production is not until 2028-2029.  Is it worth the wait? Sovereign It has a mineral resource estimate of 1.8 billion tonnes containing 18Mt rutile at 1.01% EEE exploration target. Highlights ? The total Exploration Target, covering the Thomas and Cosgrove mineral prospects, is estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2*. EEE 5th June 2024 Highlights · The discovery of naturally occurring rutile and anatase within the extensive weathering cap that covers the deeper bedrock titanium deposit, will have a material and immediate positive impact on the overall project economics. · Rutile and anatase are both highly valuable titanium dioxide minerals that contain >95% TiO2 and are both important feedstocks for the titanium pigment and titanium metal markets. Hmmm

[jelignite] 03/7/2024 18:07

EEE 5th June 2024Highlights· The discovery of naturally occurring rutile and anatase within the extensive weathering cap that covers the deeper bedrock titanium deposit, will have a material and immediate positive impact on the overall project economics. · Rutile and anatase are both highly valuable titanium dioxide minerals that contain >95% TiO2 and are both important feedstocks for the titanium pigment and titanium metal markets.

[geko5trade] 03/7/2024 18:04

manlord1, Yes I agree as per my post 1232. Sentiment pendulum swings and volatility exacerbated by traders trading that sentiment. I'm mostly interested in the overall direction of travel. That's where the big gains lie with a fair wind.

[jelignite] 03/7/2024 17:57

Sovereign It has a mineral resource estimate of 1.8 billion tonnes containing 18Mt rutile at 1.01%EEE exploration target.Highlights· The total Exploration Target, covering the Thomas and Cosgrove mineral prospects, is estimated to contain between 26.4 to 32.2 billion tonnes with a grade range of 4.5 to 5.5% TiO2*.Hmmm

[jelignite] 03/7/2024 17:41

Mining journal calls it"Rio Tinto ups stake in world's biggest rutile deposit"

[jelignite] 03/7/2024 17:33

I wonder how long that crown lasts.......

[master rsi] 03/7/2024 16:01

Re ....end of holidays
Not yet another couple days to go to the beach
__------__
Glad is moving forward, I also did a top up to make another round figure

[saracen3] 03/7/2024 14:22

Buyers pushing on an open door now

[manlord1] 03/7/2024 13:28

The key is to buy when not many are! The investor psyche is in full swing here. I have bought more (200,000 last week) and tbh I'm loaded to the hilt. If I was only seeing EEE today I'd be taking as many as I could while they are sub 10p.Come 2025, this particular days low volume 8.3p on the ask will seem like a gift and we'll all wonder why we didn't buy as many as we could! The answer is INVESTOR PSYCHE GLA & DYORMl

[juju44] 03/7/2024 11:59

Looks like everyone is on the beach

[klosters65] 03/7/2024 11:50

Are you back from holiday ? I agree share price has bottomed out and firming up. I have been buying.