Re: Next resistance levels? Yup, I have similar. My downtrend from back in 2014 was broken this morning around the 0.53 mark (if it holds for close that is).Longer term downtrends is around 0.61RSI is looking a little overdone, although we are in a nice uptrend, so we could have a technical solidification and pull back, but if finance comes through as expected, this really should and will be much higher in time regardless of the chart. Boom time hopefully indeed Zoomed out - 2013 and 2014 downtrends[link] in[link]
Next resistance levels? I've got it around .63 Both horizontal and downward trend line from mid 2014If it gets past .63 then the last resistance is 0.82 after this I think we are allowed to use the Boom word.
Re: Placing RNS .. Turner Pope Looks like perfect timing
Re: Placing RNS .. Turner Pope Took a slice today @ 0.49p
Re: APT Prices It has broken out emphatically now and there doesn't seem to be much in the way of resistance. This is where I normally cash in my 20% gain and live to regret it - have 0.8p in mind in the short term but after that yes 3p, 4.5p or more is possible as long as they deliver. Placing orders was a massive positive - confirmation of the money in the bank should ease any remaining concerns.
Re: APT Prices Hello all!In my view this is just the start, I think 1p is easily achievable in the short term. Chart is starting to look very bullish.My longer term target is 3p may even be by the end of this year but that's probably a bit optimistic!
Re: APT Prices Yes very well thanks Humball - a healthy and prosperous new year to you.Your figures are almost as good as your charts - all looks very promising (AIM vagaries allowed for).The sp finished above 0.47p on sell and buy which looks good now we have got over that hurdle in the short term.
Re: APT Prices Yup, it is indeed. In addition to WRES, Vanadium is my other play with BMN (along with PGMs in JLP) so their predictions all look very temping! I note they don't think gold will do particularly well over the next few years...but I am getting off topic.WRES's outlook looks superb if the APT prices hold where they are. If the got to 400, it could be quite spectacular. My estimates suggest a suggest at a price of 300 USD / mtu post-tax profits could support a SP of 3p - 4.5p at a PE of 8 and dilution of 30% (which I expect to be very conservative) for the T2 and T3.5 mines. Take the APT price to 400 USD and this suddenly jumps to 4.5 - 7p. That would be quite something.....Can APT price reach these levels? Can MM deliver the plant on time and with the robust economics they claim are possible? What dilution will occur to progress the other parts of the business while La Parilla is being built and debts are being paid back?Plenty to consider and track, but the outlook is very exciting. And the prospect of dividends will be coming down the line at some point - I'm sure MM will be keen to start taking some income from his pretty hefty stake.It's been a long time coming for WRES. But it does seem like 2018 could be the year where the show finally gets on the road.Hope you're well KALAN!
Re: APT Prices Interesting stuff Humball - the extra 1% on the price will give rise to maybe 2% extra profit and then $410 represents another 25% rise (almost) which should translate into at least another 50% added to the profits - let's hope the predictions are accurate.Payback on la Parilla is estimated at 2 years - that could fall by quite a few months on these predictions.Noted the palladium and platinum predictions - looks like the end of 2019 is going to be a sweet spot according to the table ($1150 and $1100 respectively). Interesting for shares elsewhere.
APT Prices Chinese APT 88.5% up to $313-318 per mtu from $310-315.[link] recent report from Hallgarten and Co, suggests Tungsten APT could hit $350 by the end of 2018, $380 by 2019 and $410 by 2020. Now wouldn't that be nice as the full T3.5 mine comes online and dividends are being paid [link]
Re: Is funding signed and leaked....... 0.47p just needs to give way and we are on our way up - confirmation of finance should do it (all but confirmed today in rns).
Is funding signed and leaked....... 2 days and up 12%, looks like that US firm may have signed by year end or star of year.It is definitely galvanised into action!
New year and new start This seems to be moving up over past couple of days.some nice momentum at the end of last and start of this year...... back to the 0.6p would be good, pre the last placing.
Re: Proactive Investors Well news is imminent now - will the CEO let us down or will he deliver - added another 40% to my holding on a bet that this time he will deliver - should see a break out on finance package agreement and off take contracts - but this is AIM so who knows.
Proactive Investors [link]