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Ann: Cabinda Phosphate Finance and Sales Update, page-798

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Merchant2000

24,958 Posts.

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11/06/25

12:49

Post #: 79391466
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Originally posted by chuk: ↑

5.4c seems to be the pivotal price level over the last 12 months, switching periodically between acting as resistance and support.
It should be currently acting as resistance with the sp coming back up from below but the sp has sat right on this level for several days without being pushed back down from it. That is a sign of strength and a likely break higher.
You can see a similar pause at 5.3 for a couple of days in November before news pushed it well above. It seems the market is again buying ahead of anticipated positive news which should also push the sp well above 5.4c. The market appears to be beginning to believe that debt funding will be completed. I would expect a big move if/ (when IMO) that is confirmed.

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@chuk

15- 16 weeks or so until October

Critical timelines ahead of schedule @chuk
money end of July still okay lol

Mnb will have stockpiles of supply lol

@wave3andabit

Construction stage 1 & 2 and commissioning by October we are told

Poor farmers loading up orders

imo

Last edited by Merchant2000: 11/06/25

MNB Price at posting: 5.2¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 4.3¢		Change 0.001(2.38%)		Mkt cap ! $40.95M

Open	High	Low	Value	Volume
4.3¢	4.4¢	4.2¢	$22.20K	522.8K

Buyers (Bids)

No.	Vol.	Price($)
2	77551	4.2¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	50000	1

View Market Depth

No.	Vol.	Price($)
2	77551	0.042
2	265564	0.041
10	241000	0.040
5	361566	0.039
6	399263	0.038

Price($)	Vol.	No.
0.043	50000	1
0.045	73000	2
0.046	42337	1
0.048	112872	2
0.049	129115	1

Last trade - 12.21pm 24/06/2025 (20 minute delay)

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Ann: Cabinda Phosphate Finance and Sales Update, page-798

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Ann: Cabinda Phosphate Finance and Sales Update, page-798

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