Couple vol variances looking at on a scan b4 bailing.
DXB was off the back of positive Ann on Ph 2 trial and when checked chart can see the accum phase & buying of what I suggest was some SM getting set. The nice thing on todays bar was a long legged doji supported by solid vol and not an anomaly of the doji spread on min vol. Mkt (& SM) may want to run this a bit more maybe. Did hit into that resist area and will need some follow thru vol to push up. Two charts to split some indicators used showing the earlier MACD / Wave Trend and Elliott Wave Osc / Vol split movements. Notice on the thread some STT's aware of it already and well done... @Anton Chigurh and @Spikerama @whytegirl
LRS was the other with the same charts. Has had a slip from grace a little but wonder if the Li 2.0 (or is it 3.0 - lose track sometimes) as some regulars like @lifeguard22 and others been touting and the wider interest in recent mkt moves has given a little spark - maybe a watch?
On a side note, I saw some earlier comments on Co companies and aquas etc.
There is Ni-Co project in Tassie up atm. Have to try see whether any players are bothering looking at it?
Project highlights include:
JORC 2004 Resource of 6.6Mt @ 0.81% Ni and 0.05% Co for 54kt Ni and 3kt Co (0.5% Ni cut-off);
Resource estimate concluded the ore body is reasonably near surface and well defined with continuity of the ore body demonstrated;
Further resource assessment work has confirmed the existence of a discrete zone of near surface iron enriched material related to the north orebody. In preliminary test work, the ore has shown itself to the upgradeable using low-intensity magnetic separation to a 62+% Fe with 2.7% SiO2 and 4.6% AI203.
