Last post: May 31st. See chart.
Review: Price had bounced off a support area and was above the £10.00 round number.
Update: Price has dropped lower but is finding support at another support level. The 200 simple moving average below may also provide support if price moves lower.
Conclusion: We will have to see if the support area can hold. It would be best to...
Last post: March 23rd. See chart.
Review: Price was stuck in a period of consolidation.
Update: Price has managed to free itself from the area of consolidation and has used the resistance level of that consolidation zone turned support to help it find strength to the upside.
Conclusion: We need to wait for a breakout of the previous high before looking for a...
KAZ Minerals is a stock that gave us good profit in the bull run from 2016 to 2018. This was a stock that went through excellent periods of trend followed by extended periods of consolidation. That is just the nature of this stock but one that can deliver very good profit if given the time to develop.
We were stopped out of all our long positions in the pullback...
· Gross Revenues double to $1,938 million (2016: $969 million) as the Group delivers production growth into stronger commodity markets
- 2017 full year copper sales volumes of 256 kt (2016: 141 kt)
- Revenues in income statement of $1,663 million (2016: $766 million), excluding $275 million of pre-commercial revenues
· Gross EBITDA of...