Chart, page-4622

First 4622 Last

Share
Profile

Follow
Jcw007

752 Posts.

126

21/08/18

17:47

Post #: 35072246
Share

Originally posted by Dungiven ↑

Personally i'm still in the red and will be for a while I think, having loaded up on the merger news and the promise of US$90m revenue last year. You might detect a little bit of bitterness in that last bit haha. Still, I've always been massively excited by this company and the vastness of the opportunity. Long-term it could/should be something quite special.

Today has been great so far, but maybe it's a sign of the last 12 months of punishment that i'm still quite wary. This was pumped hard at the end of March ahead of the NADBank's announcement of financial close of San Quintin, then it was dumped (Eytan sold out over a short period recently, but this stock has been brutally sold down well before that). With San Quintin news again on the immediate horizon (all being well), I confess i'm a little scared of the same thing happening. Perhaps crucially, however, any SQ news now should be about the beginning of construction / first disbursement. Not news about future cash, but about immediate cash. Africa news is also on the horizon. They have apparently also been trying to put together a larger-scale deal with Hubei ITEST, as well as other things in China and elsewhere. They are expecting to monetise all current Nirobox inventory before years end (what's that US$20m or so?). There's plenty that could come out soon and see the SP erupt. I reckon it should have been $1.50 ever since the merger, so what do I know. Maybe this is the start of a long-overdue correction - but considering the beating we've taken over the last 12 months I can't allow myself to believe that until I see it. Fingers crossed though!

Expand

Hi Dungiven,

I would love to hear your thoughts on how this afternoon played out. I’m sure a few more people got burnt (more to add to the list) if they camecin for a short trade.

I got caught in the hype and topped up again but was still below my average holding and I’m not offloading anytime soon. So as much a I’m gutted we finished in the red I just see it as averaging down a little bit more.

I respect your take on things... thanks in advance!

But.... geez didn’t it take off this morning!!!!

FLC Price at posting: 48.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

ENR

Move over antimony: Encounter Resources unveils fresh raft of high-grade niobium hits

MIN

MinRes unveils maiden oil and gas estimates at Lockyer & Erregulla projects, WA

LPD

UK govt endorsement of Cornish lithium project acknowledges Lepidico's processing technology

WGX

Westgold sets target of 1.6-2.1 Moz of gold at WA's Fletcher Zone

RDN

HotCopper users bullish on Raiden's news it won Andover South approval as expected

There are more pages in this discussion • 3,446 more messages in this thread...

First 4622 Last

Add FLC (ASX) to my watchlist

(20min delay)
Last 9.4¢		Change -0.003(3.09%)		Mkt cap ! $101.6M

Open	High	Low	Value	Volume
9.7¢	9.7¢	9.4¢	$5.007K	52.69K

Buyers (Bids)

No.	Vol.	Price($)
2	38390	9.4¢

Sellers (Offers)

Price($)	Vol.	No.
9.6¢	434	1

View Market Depth

No.	Vol.	Price($)
2	38390	0.094
2	110763	0.093
2	82300	0.092
2	200000	0.091
1	99999	0.090

Price($)	Vol.	No.
0.096	434	1
0.097	26758	3
0.099	21801	3
0.100	30370	2
0.105	105042	3

Last trade - 10.55am 16/09/2024 (20 minute delay)

FLC (ASX) Chart

Chart, page-4622

Move over antimony: Encounter Resources unveils fresh raft of high-grade niobium hits

MinRes unveils maiden oil and gas estimates at Lockyer & Erregulla projects, WA

UK govt endorsement of Cornish lithium project acknowledges Lepidico's processing technology

Westgold sets target of 1.6-2.1 Moz of gold at WA's Fletcher Zone

HotCopper users bullish on Raiden's news it won Andover South approval as expected

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Chart, page-4622

Top Stories

Move over antimony: Encounter Resources unveils fresh raft of high-grade niobium hits

MinRes unveils maiden oil and gas estimates at Lockyer & Erregulla projects, WA

UK govt endorsement of Cornish lithium project acknowledges Lepidico's processing technology

Westgold sets target of 1.6-2.1 Moz of gold at WA's Fletcher Zone

HotCopper users bullish on Raiden's news it won Andover South approval as expected

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News