IXR General Discussion 2022

Winenut

GO AVZ!!!!
Well my 0.025 order got filled today so I've got my top up

I'm now loaded to a level I'm comfortable with

I am very hopeful the resource and business model can deliver and also that the political and economic climate is robust and stable enough to fully progress the project for the benefit of all stakeholders

Let's go
 
  • Like
  • Fire
Reactions: 10 users

BEISHA

Top 20
Bu

Buy now?
1695351015657.png


ABC correction for sub wave 4 down looks almost complete, so i picked up a parcel at 2.5 and probably will pick up some more today.
I dont provide financial advice, but if you were to accumulate from here, then you cant be too far away from the bottom, 2.2c support could get hit, so possibly keep some funds in reserve if that eventuates.

Its now 2 weeks since Ruth said she would be signing the ML once she got back from her trip, so surely cant be too far away now....

imo
 
  • Like
  • Love
Reactions: 9 users

Winenut

GO AVZ!!!!
She's at 2.3 at the moment (I'll be watching your lower support prediction with interest @BEISHA )

I might grab a few more if she gets a bit lower although I feel I've pretty much got enough with my last top up

But it does look tempting to add another couple of hundred thousand without breaking the bank

Certainly "feels" a little less risky in the Ugandan jurisdiction (compared to say the DRC) but it's still Africa so you never know

Good luck everyone

Cheers
 
  • Like
Reactions: 7 users

Winenut

GO AVZ!!!!
I believe her next engagement is from OCT 2 in Abu Dhabi

That definitely ties in with the timeframe of hearing something on the ML next week while she's in Uganda

Let's hope we all get the news we want.....that would be very exciting indeed!

1695355322019.png
 
  • Like
  • Fire
  • Love
Reactions: 7 users

BEISHA

Top 20
I believe her next engagement is from OCT 2 in Abu Dhabi

That definitely ties in with the timeframe of hearing something on the ML next week while she's in Uganda

Let's hope we all get the news we want.....that would be very exciting indeed!

View attachment 45231
Lets hope she is " HONOURABLE ".......;)
 
  • Like
Reactions: 8 users

BEISHA

Top 20
The gap was closed waaay before where the arrow points..........;)

Remember, the wick counts.

Anyway, where the fark is this ML ?

What is it with African nations dragging out or creating drama with Mls ?



1696070173451.png


Clear support at 2.3, will it hold, or will folks lose patience and SP drifts ?

patience.gif
 
  • Like
Reactions: 5 users

BEISHA

Top 20
The gap was closed waaay before where the arrow points..........;)

Remember, the wick counts.

Anyway, where the fark is this ML ?

What is it with African nations dragging out or creating drama with Mls ?



View attachment 45974

Clear support at 2.3, will it hold, or will folks lose patience and SP drifts ?

View attachment 45976
1696593492819.png


Well , SP did drift to 2.2, but.......nice day today...:)

28m Volume, indicators look primed for lift off.

Inside info ? Fomo ?

A break of 2.5c resistance will confirm sub wave 5 up

Will next week be a TH scenario ?

Hope so, i need a win, lithium stocks are garbage atm....:poop::poop::poop:


imo
 
  • Like
  • Love
Reactions: 5 users
View attachment 46490

Well , SP did drift to 2.2, but.......nice day today...:)

28m Volume, indicators look primed for lift off.

Inside info ? Fomo ?

A break of 2.5c resistance will confirm sub wave 5 up

Will next week be a TH scenario ?

Hope so, i need a win, lithium stocks are garbage atm....:poop::poop::poop:


i
View attachment 46490

Well , SP did drift to 2.2, but.......nice day today...:)

28m Volume, indicators look primed for lift off.

Inside info ? Fomo ?

A break of 2.5c resistance will confirm sub wave 5 up

Will next week be a TH scenario ?

Hope so, i need a win, lithium stocks are garbage atm....:poop::poop::poop:


imo
Is it possible we're starting wave 3 up?
 
  • Thinking
Reactions: 2 users

BEISHA

Top 20
Is it possible we're starting wave 3 up?
EW can be very subjective ......its certainly possible sub wave 5 up could indeed be sub wave 3 up ...:unsure:

Here is a alternate look...

1696660297195.png


Both scenarios conform to EW principles.

In a way, i hope your theory is correct, cause a sub wave 3 up movement is usually alot more sustained than a sub wave 5 up movement...........;)

Dow was up nearly 300pts Friday night, so sentiment for next week will start bullish, it would be great if a announcement drops Monday.

imo
 
  • Fire
  • Love
  • Like
Reactions: 8 users

lellep

Regular
EW can be very subjective ......its certainly possible sub wave 5 up could indeed be sub wave 3 up ...:unsure:
Here is a alternate look...

View attachment 46537

Both scenarios conform to EW principles.

In a way, i hope your theory is correct, cause a sub wave 3 up movement is usually alot more sustained than a sub wave 5 up movement...........;)

Dow was up nearly 300pts Friday night, so sentiment for next week will start bullish, it would be great if a announcement drops Monday.

imo
Anything new mate?
 

Uglybob

Regular
Awesome! Now we get to sit and watch nothing actually happen to the SP still because, well I have no idea why.

Maybe I should take my cynical hat off...
 
  • Like
Reactions: 2 users

Uglybob

Regular
OK, I guess an 18% gain is something. It'll be good to see it up higher though.
 
  • Like
Reactions: 3 users

BEISHA

Top 20
It was a sneaky announcement in a way...;)

Mining license approved for GRANTING.

In other words, its not in the bag yet......but its very promising that it will.

1697880369349.png

As a result, not a bad response, nice breakout, above average volume, indicators look bullish, first challenge now is to break the current resistance at 2.6, then 3.15 resistance would be the next challenge to over come.

Dow was negative over night ( 280 pts down ), so hard to know how IXR responds on Monday, push back or push thru ?

See what happens.

imo
 
  • Like
  • Love
Reactions: 6 users

BEISHA

Top 20
Word on the street ..........

1699184697165.png


Hence why the chart is 2c......

1699184900997.png


With potential to drop further.

imo
 
Last edited:
  • Sad
  • Thinking
  • Like
Reactions: 4 users

Uglybob

Regular
Nice announcement today, but still not the big one (ML).
 
  • Like
Reactions: 4 users

BEISHA

Top 20
Nice announcement today, but still not the big one (ML).
Yeah, i wont be totally comfortable with mu investment in IXR until that ML has been inked and confirmed, given what has transpired with AVZ, but IXR BOD think its a formality given they have stated production is on track for Q1 2024...big call, cant produce without ML...;)

1699686801021.png

Mr Market liked the announcement, 93m turnover creating a beautiful bullish engulfing candle, DOW was up 390 pts last night so could positive sentiment push SP past the 2.7c resistance and get to 3 / 3.4c resistance come next week?

Indicators have plenty of ammo left on the daily, cant get a visual on the hourly atm.

Anyway, pretty sure 2c support is going to hold now, just a matter whether 2.7c resistance becomes the new support short term.

We shall see.

imo
 
  • Fire
  • Like
  • Love
Reactions: 6 users

Remark

Top 20
Last edited:
  • Like
Reactions: 4 users

BEISHA

Top 20
As i said in previous posts, IXR needs 100% land access agreements before being awarded ML, they now have 90% agreements, which is a nice push up from the 75% agreements not too long ago.

Nice work by the IXR BOD, Uganda Govt proactive as well...........are you observing this FT ?

IXR are primed for ML approval potentially this month, definitely before Xmas imo;)

Good luck to us all...........especially you @Frank me ole mate!!

Prosperous future not far away for IXR.

imo
 
  • Like
  • Love
Reactions: 8 users

BEISHA

Top 20
1699838073317.png


1699838155705.png
 
  • Like
Reactions: 3 users

Remark

Top 20
"IXR also expects to be awarded a mining licence for Makuutu imminently."

FFS they just had to use that word😆
 
  • Haha
  • Like
Reactions: 7 users
Top Bottom