If those mega polar storms come through and stick around for a while then we are looking very good.
We also want Freeport to stay offline for a bit longer to gain some momentum.
Looking at NG1 and MACD has finally crossed positive and RSI has just come out of oversold and crossed SMA.
I just wish IG followed NG1 as that's up around 8% atm where as IG around 3%!
As I mentioned on the weekend, hopefully Nat gas does put in a hard bottom here as I feel that's more likely to remove any more 'delays' for RLT.
As frustrating as delays can be I'd much rather management drop Ann's when the underlying is on the up.
And don't go putting similar timelines on work going forward if underlying markets are flying. You'd be surprised how well companies work when the going is good
I understand that's not how things are supposed to work but having invested in enough start up resource companies it certainly seems like a repeated pattern.
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