Some decent line wipes - 0.033 just wiped VWAP = .029
Ugandan Government hopefully doing all the right (read non-corrupt) things and actively working with honest companies to develop industry and realise value from their resources!!!
Could give the DRC a BIG fucking lesson on that one
Hopefully all parties involved here can lead the way and show EXACTLY how operating ethically, transparently, with the right attitude and within the law and mining codes can really bring positive and long lasting change and benefits to local population
Shine the light Uganda and IXR....shine the light
View attachment 44319
Nice announcement with impending ML.....
As a result, SP got of the canvas at 1.6 support with large volume, now the challenge is to break 2.4c resistance, it may back test to 2c before doing so as the hourly chart looks a bit cooked...
View attachment 44321
Double top 2.4c, RSI 14 is OB, SP high on the bollie..
If it does drop to 2c, i may put in a few k for a trade / punt
imo
Relax my friend, nothing goes up in a straight line....View attachment 44585
So where were all these impatient Sellers / Traders two Days ago
When the SP was much Higher
Waiting for the SP to go lower
View attachment 44583
They are shaking this tree so hard all the branches are falling off.
After the auction close yesterday I am truly surprised at todays weakness
debono
View attachment 44590
*To remind,
The Honorable Minister Ruth Nankabirwa Ssentamu made an announcement during her speech at #AfricaDownUnder, stating she will be signing the mining license upon her return to Uganda after completing her tour.
View attachment 44587
Buy now?Relax my friend, nothing goes up in a straight line....
Trend is your friend tho, healthy retraces allow room for indicators to take the SP to the next level.
View attachment 44795
I see a max 10% more drop, as mentioned in my previous post.
The Honorable Minister Ruth Nankabirwa Ssentamu made an announcement during her speech at #AfricaDownUnder, stating she will be signing the mining license upon her return to Uganda after completing her tour.
Got a hunch when she will return back to Uganda
100% Frank... based on current NPV and project ownership (currently 60%, however strong indications of significant increases in ownership), most analysts have a baseline SP of around 10c (roughly 400Mil MC)... definitely undervalued!View attachment 44912
View attachment 44914
Still "Cheap as Chips" under 0.03c i reckon
This Stock should be Trading a LOT Higher imo
For where they're at and what they have
To say i'm Shocked that IXR isn't worth 3 of these piss farting Old Copper Coins per share at this stage of the Game is an understatement tbo100% Frank... based on current NPV and project ownership (currently 60%, however strong indications of significant increases in ownership), most analysts have a baseline SP of around 10c (roughly 400Mil MC)... definitely undervalued!
With off-takes, a clear view of project financing, increased ownership, $VMM.ax maturation and the Belfast plant proof-of-concept, this could be a billion dollar company this side of 2030...