Thanks for taking up my idea of a separate thread fellow rune casters! In some forums I get burnt at the stake!
I can see I'm not needed here @T.E.P. & @taylorstjames - you've got this covered!
I post at odd times as I'm living in the UK at the moment, so I didn't get to do it myself.
It rallied well today. As I mentioned yesterday, the SP was always likely to head back towards the MA's, but it's nearly there and primed for the next move up. Williams%R showing it's in the overbought territory now, so expect a pullback short term.
What I like most about SHP is the underlying FA. Of the Top 4 potash suppliers globally, 3 are now basically inaccessible to the markets. That is going to be a huge driver of new supply.
This will get fast tracked to production, 100%. And we're just scratching at the surface. Wild Plough Prediction, $1 this year provided there's good news with the drill bit confirming the legitimacy of historic drill results.
The breakout of the very long Darvas box, leads me to believe we are in for a prolonged move upwards - it's been pent up too long:
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Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $5.132M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $4.725K | 1.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5991788 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 1334879 | 4 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| SHP (ASX) Chart |