Weekly T-line close to break / RSI stronger #mfchart
RSI trend line stronger and towards end of day a few buys kicking in and almost closing above t-line, tomorrow might be the day we could end the week above it.
Bought at 30.3p and sliced 1/3 at 38.5p and holding the rest for bigger %
will add more if we test the support again but bottom of BB's are moving up.
there’s a couple of things expected in Q1 for BMN:
- Brits resource estimate
- Capital allocation framework and dividend policy
Both were reiterated in their latest presentation released a week ago
Big news I’m expecting later in the year:
- JSE listing
- Mokopane mining right
- Brownfield processing acquisition
- Bushveld Energy results from battery test with Eskom and potential contracts for grid level storage
I’m also expecting the vanadium price to move up as the year progresses, there’s a structural supply deficit which isn’t expected to disappear until 2023 or so.
Bought at 30.3p and sliced 1/3 at 38.5p and holding the rest for bigger %
will add more if we test the support again but bottom of BB's are moving up.
there’s a couple of things expected in Q1 for BMN:
- Brits resource estimate
- Capital allocation framework and dividend policy
Both were reiterated in their latest presentation released a week ago
Big news I’m expecting later in the year:
- JSE listing
- Mokopane mining right
- Brownfield processing acquisition
- Bushveld Energy results from battery test with Eskom and potential contracts for grid level storage
I’m also expecting the vanadium price to move up as the year progresses, there’s a structural supply deficit which isn’t expected to disappear until 2023 or so.