Weekly Fundamental and Technical Analysis Prospects - Week Starting 17th Oct 2016 (No. 237)
Here’s this week’s FA and TA List. The newer items first and those carried forward from last week towards back of list (some of the items from last week have a time horizon of more that one week).
All listed market caps are undiluted (and do not include escrowed shares) (Note: Max time for any entry on list will be 4 weeks after which time it will be removed).
Important Note: Remember just because it appears on the list does not necessarily mean it will rise in price... it may actually fall or do nothing. So it is critical that you perform detailed research on each stock first and make your own mind up to whether invest or not. I suggest you run a stop-loss at all times when trading/investing. How tight your stops are depends on your threshold to risk and financial pain. Lastly I take no responsibility for the accuracy of the information provided by the Hotcopper posters that have contributed leads/tips to the Short Term Trading Competitions below as I do not have the time, nor resources to research and verify the information that has been provided by them. Best of Luck.!
Weekly Fundamental Analysis Prospects
EPM - Manganese, gold, uranium and base metal in NT and Qld [17/10/2016]
978.4M shares + around 8 million unlisted options expire 30 nov 2016 Cash $410k @ 30 Jun SP: 0.006c and MC $3.9M Eclipse Metals Ltd holds an impressive portfolio of tenements covering an area of approximately 11,300km2 in 21 exploration licenses in the Northern Territory and Queensland. This multi-commodity tenement package includes prospects for manganese, gold, uranium and base metal mineralisation what got my interest is "LIVERPOOL PROJECT FARM-IN & JOINT VENTURE HIGHLIGHTS: RIO TINTO CAN FUND UP TO $5 MILLION EXPLORATION EXPENDITURE TO EARN A 90% INTEREST IN ONE OF THE FIVE ECLIPSE LIVERPOOL PROJECT URANIUM-GOLD-PALLADIUM TENEMENTS. RIO TINTO HAS THE RIGHT OF FIRST REFUSAL OVER OTHER TENEMENTS HELD BY ECLIPSE IN THE NORTHERN TERRITORY." looks similar like AZY to me but smaller investment from Rio Tinto. SP has been down since after news released, but recently has start building up steady after bottomed..0
Poster: raywang5 (STT Accuracy: Unknown) http://hotcopper.com.au/posts/19865933/single (Mcap: $5.9m)
GPP - Lithium in Guyana [17/10/2016]
GPP Greenpower Energy. $4.9m market cap Lithium I would type out my reasons but @anatol has done far more research on me than this and it looks set to rerate in big way: I don’t think that GPP’s anns “AGREEMENT TO ACQUIRE UP TO A 74% INTEREST IN GUYANESE LITHIUM AND TANTALUM PROJECT” on Sept.20 is understood well by the market because the anns was very technical and Guyana was not known by our market. That has been quite a good opportunity by some knowledgeable people to buy in after the anns. Including me (to buy a lot more). GPP’s claims on the anns was great; “ District scale Lithium, Tantalum + Rare Earth Elements within LCT type Pegmatites - Over 40 km of pegmatite vein/dyke network identified - Widespread Ta/Nb alluvial deposits identified historically” But I needed to find a way of confirming these claims to get close to the idea. Then I have made a comprehensive research about GPP’s Morabisi Lithium/Tantalum project in Guyana in last two weeks. I have learned a lot about the geological occurrences of lithium and tantalum deposits around the world and compared them with Guyana, I got the documents and maps form the Mining department of Guyana web site, compared and evaluated them with the information in hand. As a result this project is very exciting. This could be a mother of all lithium plays in ASX IMO. …
Poster: investorsal (STT Accuracy: Unknown) http://hotcopper.com.au/posts/19865483/single (Mcap: $6.3m)
EPD - IT Services provider [17/10/2016]
(ASX: EPD – EMPIRED LTD) SP: 48.5c MC: $ 59.27 Million Cash : $2,970,688 Million AUD as at 30th June 2016 Shares: 120,048,538 Top 20: 63.84% Website: empired.com Empired Limited is an IT Services provider with a broad range of capabilities targeted at delivering enterprise IT solutions that improve efficiency, productivity and competitive advantage. EPD’s clients are medium to large corporate and government organisations within key industries including Energy and Natural Resources, State and Federal Government, Finance and insurance, Utilities and Transport. EPD offer a broad range of services from managed services to digital transformation. Together they provide a breadth of service and expertise not seen in other consultancies of similar pedigree allowing Empired to deliver ‘end to-end’ business solutions that assist customers in driving their key business outcomes. With a team of over 900 people located throughout Australia, New Zealand and North America, Empired has built a reputation for service excellence. This combined with a strategy that is underpinned by initiative, innovation and growth ensures that in a dynamic and rapidly growing technology market place Empired is strongly positioned to capture market share and continue to build on its success. Catalysts: Flow on effects from successfully being chosen to to provide ‘Cohesion’ Enterprise Content Management Service to the Department of Internal Affairs in New Zealand: as announced to the market 5.9.16 http://hotcopper.com.au/threads/ann...epd-ax.2879541/?post_id=18924090#.WAIgD-h96Uk FY16 : as announced to the market 7.10.16 http://hotcopper.com.au/threads/ann...epd-ax.2948690/?post_id=19686353#.WAIfv-h96Uk Already the Company is attracting new commentary, finfeed.com/technology/empired-turnaround-story-cheap-price/20161014/ Published on Oct 14th, Trevor Hoey writes "At this point the company said it was confident of a much better full-year result in fiscal 2017, which will mean a strong performance in the six months to December 31, 2016. While the company’s interim result won’t be released until February next year, it is quite likely that guidance will we provided before that stage. Consequently, EPD should continue to be a news flow driven story with its share price responding accordingly. However, investors who have faith in the prospect of a turnaround may see its current trading range as a useful entry point. There is already enough information out there for Savage to make a call on the stock as he has just increased his 12 month price target from 55 cents to 65 cents and upgraded his recommendation from hold to buy." epd revenue snip 15.10.16.PNG epd snip fy16.PNG Whilst it was disappointing to see the debt level at $25.6Million as at 30th June 2016, it was higher $33.2Million as at 31st December 2015, so a reasonable response from the Company in its debt reduction. “Operating cash flow and net debt reduction will continue to be a key financial focus in FY17….Empired is in an enviable position in both our core markets, Australia and New Zealand, where we are somewhat unique. We offer a broad set of tightly integrated services complemented by deep capability as one of the largest IT service providers in the local region outside of our multinational competitors.” Looking at all of the major and ongoing achievements of EPD the market is now looking hard at their performance from both an internal and external perspective. On the back of a significant NZ Gvt Contract win, but more broadly in terms of EPD’s FY16 Results, the potential for a major share price re-rate is now a distinct possibility. Please DYOR as this is not a buy or sell recommendation Cheers GF [?IMG] 11
Poster: gamefisherman (STT Accuracy: 33.1% - Ranking No.34 ) http://hotcopper.com.au/posts/19887842/single (Mcap: $59.3m)
BYR - Gold explorer DRC and Guinea [17/10/2016]
(ASX: BYR – BUREY GOLD LTD) SP: 7.3c MC: $89.27 Million Shares: 1,246Million Top 20: 76% Cash $769,801 (AUD) as at 30th June 2016 Burey Gold Limited (ASX: BYR) is an ASX-listed explorer with its key asset, the Giro Gold Project, located within the significant under-explored Kilo-Moto greenstone belt in the north-east Democratic Republic of Congo (DRC) in Central Africa. The Moto greenstone belt hosts Randgold and AngloGold Ashanti’s 17Moz Kibali Project, 30km east of Giro. Kibali produced 642,720 ounces of gold in 2015 and is targeting production of 610,000 ounces for 2016, confirming a favourable mining environment in the region. Randgold recently entered into a JV agreement on the Moku tenements between Giro and Kibali as it aims to acquire all prospective ground in the area. Giro comprises two exploitation permits covering 610km2. The area was mined under Belgian rule and more recently by artisanal means. Burey has defined a >200ppb gold-in-soil anomaly over 2,000m x 900m at the Kebigada anomaly, its most advanced prospect. Best results from drilling include: 97m at 2.56g/t Aufrom surface 47m at 4.13g/t Aufrom 25m, including 29m at 5.93g/t Au from 25m 33m at 1.59g/t Aufrom surface and 56m at 2.39g/t Au from 64m including 9m at 5.20g/t Au from 66m 5m at 3.07g/t Aufrom 0.5m, including 13.6m at 4.73g/t Au from 4.4m 0m at 6.06g/t Aufrom 0m and 69.6m at 1.67g/t Au including 39m at 2.3g/t Au from 94.9m Gold mineralisation related to the Kebigada Shear Zone has been defined over 1,500m strike length. Burey’s drilling results show that gold mineralisation is open in all directions from surface down to depths exceeding 250m vertical metres. The Company’s Douze Match target area produced exceptional gold results in June, with the first 10 RC drill holes being reported with best results including: 2m at 196g/t Au from 12m and 15m at 255.6g/t Aufrom 15m, including 3m at 1260g/t Au from 15m, including 3m at 14.3g/t Au from 21m 33m at 6.1g/t Au from surface including 3m at 34.7g/t Auin laterite 12m at 21.2g/t Aufrom 3m 7m at 5.2g/t Aufrom 30m in granites in contact shear zone Detailed sampling and mapping across the project is underway, with further drilling to follow up these results expected to commence in coming months. The Market is keenly awaiting on an update from ongoing exploration. Perhaps this has potentially provided some early momentum in the share price already. Favourable drilling results, could result in a significant upside in the Companies Market Cap given that the Top 20 shareholders are holding 76% of the shares. byrsnip1attachment14.10.16.PNG The following summary above is a snapshot that was added to the July London Presentation – here is the link for the report: http://d8.cdn.auroracms.com/resources/30/0000/8584/160627_bureygold_london_presentation_website.pdf FY16 Annual Report: http://54.cdn.auroracms.com/resources/30/0000/8635/01784881.pdf Please DYOR as this is not a buy or sell recommendation Cheers GF [?IMG]
Poster: gamefisherman (STT Accuracy: 33.1% - Ranking No.34 ) http://hotcopper.com.au/posts/19865114/single (Mcap: $94.1m)
AMI - Gold and Zinc Explorer Producer [17/10/2016]
(ASX: AMI – AURELIA METALS LTD) SP: 15c MC: $58.19 Million Cash : $18 Million AUD as at 30th June 2016 Shares: 452,835,101 (Fully Diluted) Website: www.aureliametals.com Aurelia Metals Limited is an exploration and mineral development company. The Company operates through segments, including Hera-Nymagee project and other exploration projects. The Hera-Nymagee project includes the gold and base metal Hera deposit, and the copper discovery at the Nymagee copper deposit. Hera Project produces gold-silver dore and a bulk concentrate, which includes lead and zinc. The Doradilla project is a tin project. The Company is also engaged in exploration for copper, gold and tin on a number of tenements in the Lachlan Fold Belt of NSW. The Doradilla Project represents an exploration target for nickel, copper, silver, bismuth, zinc and indium. The Tallebung tin field is located over 70 kilometers north-west of Condoblin, NSW, and includes a series of alluvial and deep lead tin deposits, as well as tin-tungsten hard rock lodes. http://www.reuters.com/finance/stocks/companyProfile?symbol=AMI.AXhttp://markets.ft.com/data/equities/tearsheet/forecasts?s=AMI:ASX FY16 Report http://hotcopper.com.au/threads/ann...ami-ax.2905304/?post_id=19213838#.WAHiYeh96Uk amifyy16report15.10.2016.PNG ami snip forecast 15.10.16.PNG http://www.aureliametals.com/hera-nymagee/default.aspx ami snip 2 2016.PNG http://hotcopper.com.au/threads/ann...erm-ax.2941130/?post_id=19597394#.WAIFmOh96Uk Catalysts: The FY16 was perhaps the most significant in the Companys’ Evolution, as it (ASX:AMI) Aurelia Metals flagship asset is the high-grade Hera gold-lead-zinc-silver mine in central NSW. In FY 2016, the Hera mine produced 46,882 ounces of gold and 25,406 tonnes of lead-zinc concentrates from the processing of 308,118 tonnes of ore. The Company is pursuing significant further improvements in the Hera operation including improved metal recoveries, increased throughput and operating cost reductions. Aurelia is also pursuing a near mine exploration programme, with a strong view on the capacity for Hera to evolve into a large scale, high-grade ‘Cobar style’ deposit. 5 Aurelia is also actively evaluating the evolving copper deposit at Nymagee with the potential that the Nymagee mineralisation may evolve into another ‘Cobar Giant’ similar to the world class CSA copper deposit located approximately 100km north-west along strike. I think it is possible that AMI will release their quarterly report soon. As long as there is continual and successful mining, some improvement perhaps in mill recovered AU grades, Overall upward price movements in both Zinc and Lead reflected in their results, and successful hedging policies in place, there are many different Catalysts that could place strong pressure on the share price potentially. I think the market is keenly awaiting the update from AMI, based on the back of a highly successful FY16, as summarised from their FY16 snapshot attachment above. Please DYOR
as this is not a buy or sell recommendation Cheers GF [?IMG] 16
Poster: gamefisherman (STT Accuracy: 33.1% - Ranking No.34 ) http://hotcopper.com.au/posts/19887794/single (Mcap: $58.2m)
EYM - Shell, with a copper project. [14/10/2016]
ELYSIUM RESOURCES Share Price $0.9c Market Cap ~$3.5m Cash $3m Shell recently completed a Cap Raising at 1c Catalyst for rise, news or accumulation of shares at what is currently below the placement price .. even at 1.1c and higher the EV is still around $1m so newsflow post placement should be enough for another trip north. Lots of churn around the 1c range after its trip to 1.5c .. even after the volume of late, there is still likely several holders in from 1c who will be looking for a higher exit. Have been picking this up at 1.1c and 1c myself. 16
Poster: webbj (STT Accuracy: 43.9% - Ranking No.20 ) http://hotcopper.com.au/posts/19838474/single (Mcap: $2.2m)
CRB - Copper and gold QLD [14/10/2016]
(ASX: CRB – CARBINE RESOURCES LTD) SP: 19.5c MC: $37.58 Million Cash $8,600,000 (AUD) as at 30th June 2016 Shares: 192,000,000 CATALYSTS: http://hotcopper.com.au/threads/ann...crb-ax.2848392/?post_id=18637698#.V8_6YSh96Uk Carbine appoints experienced board and management (ASX :16 April 2016); 2 – Carbine & GR Engineering enter strategic partnership(ASX:23 December 2015); 3 – First of 4 resource upgrades for Mount Morgan (ASX:18 July 2016), Indicated Resource at Mundic Gully doubles to 104,000oz (ASX:27 July 2016), Shepherds Gully delivers 3rd Resource Upgrade (ASX:1 August 2016), Mount Morgan’s total Indicated Resources increases to 10.2 million tonnes at 1.2g/t for 394,000 gold ounces;4 – Drilling results reveal new high-grade mineralisation at Mount Morgan historical dumps (ASX:16 August 2016); 5 - Mount Morgan PFS confirms potential for low cost operation (ASX:13 August 2015) **30TH AUGUST 2016** Carbine Resources Limited announced that total JORC Resources at its Mount Morgan gold-copper tailings treatment project in Queensland have increased by 215% to 850,000 oz. The expanded inventory highlights the potential to increase project mine life and production. The Definitive Feasibility Study on Mount Morgan is on track for completion at the end of September. This will be based solely on the Indicated Resource of 394,000oz (ASX: 9 August 2016). The JORC 2012 Mineral Resource for Mount Morgan now stands at 37.2 million tonnes at 0.71g/t for 850,000 ounces of gold, comprised of an Indicated Mineral Resource of 10.2 million tonnes at 1.20g/t for 394,000 ounces of gold and an Inferred Mineral Resource of 27.0 million tonnes at 0.53g/t for 456,000 ounces of gold, using a 0.00 g/t gold cut-off grade (Table 1). This comprises six tailings dumps which make up the project (Table 1 and Figure 1). This new Mineral Resource also includes a total of 7.9 million tonnes of pyrite, 36 thousand tonnes of copper and 49 tonnes of silver.http://hotcopper.com.au/threads/ann...crb-ax.2865858/?post_id=18783975#.V8_5hih96Uk 26th Sept Company Announces extension of the delivery date of the Definitive Feasibility Study on its Mount Morgan Program in QLD into the Dec quarter. What was interesting in this release was also the part at the bottom where the Company stated that “In parallel with progressing the DFS, the project permitting process is underway and preliminary discussions have been held with potential project financiers.” http://hotcopper.com.au/threads/ann...crb-ax.2921843/?post_id=19412324#.V_94_-h96Uk Please DYOR as this is not a buy or sell recommendation Cheers GF [?IMG] 10
Poster: gamefisherman (STT Accuracy: 33.1% - Ranking No.34 ) http://hotcopper.com.au/posts/19848308/single (Mcap: $36.6m)
TAM - Gold in Australia [14/10/2016]
TAM – Tanami Gold NL is an Australia-based company engaged in gold exploration. The Company's segments include Gold Production and Exploration. Its exploration centers are situated in the Tanami Desert straddling the Western Australia and Northern Territory border. The Company owns Coyote Gold Project, which is located approximately 300 kilometers south-east of Halls Creek in northern Western Australia and 30 kilometers west of the Western Australia-Northern Territory border. The underground operation is placed on care and maintenance (now returned to TAM). The Coyote Gold Project consists of around 350,000 tons per annum carbon-in-leach treatment plant, an underground mine and the surrounding Western Tanami Tenements. Its principal asset, Central Tanami Project in the Northern Territory is located adjacent to the Tanami Track and approximately 90 kilometers east of the Coyote Gold Project. CTP is also subject to Farm In / JV with NST. It also provides exploration programs in various areas, including Cave Hills, Jims South, Beaver Creek and Groundrush. SP: $0.094 MC: $110.4M Shares: ~1.18B Cash & Equiv~$9.18M Quick thoughts as time running out. Recent Dir / Chairman buys on mkt for TAM. Consequently NST Dir also buying up on mkt in NST. NST has JV / Farm In with TAM for CTP and conditions whereby TAM can sell remaining share of project to NST upon certain conditions. NST just offloaded Plutonic...maybe want another potential flagship project? Sorry can't fully elaborate due to time constraints. Been rumblings of poss takeovers etc....I'm thinking maybe something on here. TAM has also recently settled with MLX so that done and out way. Director Buys (TAM - NST) Sept 16.JPG
Poster: FullMoonFever (STT Accuracy: 42.2% - Ranking No.23 ) http://hotcopper.com.au/posts/19848770/single (Mcap: $110.5m)
AON - Shell Company [14/10/2016]
Resource Shell Nickel and Iron ore tenements too. Shares ~ 125m M.C at 0.120 ~ $15m Cash ~ $5m E.V ~ $10m Top 20 ~ 55% Apollo minerals is a cashed up resource shell on the prowl, that also has ground in the Fraser Range, W.A. as well as a prospective Iron Ore site in Gabon that is being explored by their J.V.P. The typical revival of an old mining dog with the consolidation and cap raise earlier in the year. Only one director remains in Richard *. Ian Middlemas has become chairman and he has got the old band back to together to form a very suspicious Top 20. Some from the BKY family include Robert Behets, Paul Atherley, Clinton McGhie and Mathew Syme. And also Mark Pearce from SVM, WCP & EQX. Also of note Fraser Range Metals (FRN) director, Glenn Whiddon has quite a nice position too. What does it all mean? Dunno. But willing to be in it to find out. Robert Behets announced as director yesterday after big volume Friday. Good enough reason to tip now I thought. Thanks @Anton Chigurh for the tip to dig a little deeper. @syzygy I see Mark Pearce has left SYT to come to AON where the real price action will kick off (jk) To a man with a hammer, every problem begins to look like a nail. Charlie Munger
Poster: Chev88 (STT Accuracy: 31.6% - Ranking No.36 ) http://hotcopper.com.au/posts/19847891/single (Mcap: $14.9m)
MEU - Precious metal and uranium exploration company [13/10/2016]
Market Cap: $6.76m Share Price: $0.015 Shares: 412.8 Million Marmota Energy (ASX: MEU) A West Australian explorer with integrated precious metal and uranium exploration tenements and a pipeline of discovery opportunities. http://imagesignal.commsec.com.au/d...nZXNpZ25hbC9lcnJvcnBhZ2VzL3BkZmRlbGF5ZWQuanNw Review and results of operations During the Financial Year, Marmota focused its exploration efforts on its highly prospective gold tenements in the Gawler Craton Basin. On the copper side, the company produced its first Exploration Target at Marmota’s Champion prospect at West Melton, reported in accordance with the JORC Code (2012). The Company’s uranium interests in the Junction Dam uranium project are currently on the backburner. Corporate Major cost saving measures were implemented which led to savings estimated to be around $700,000 per annum when compared to the year to June 2015. Nearly $1,500,000 in capital was raised (before costs) through a combination of a Share Purchase Plan (which was doubly oversubscribed), placements (including a $250,000 placement to Yandal Investments, the investment vehicle of Mr Mark Creasy, and a placement of over $525,000 to Southern Cross Capital)and the exercise of listed and unlisted options. Marmota is very pleased to have participated in the new Exploration Development Incentive (EDI) scheme under which Marmota distributed $170,000 of EDI Taxation Credits back to our shareholders. Marmota expects to participate in the EDI scheme again in the forthcoming year, for the benefit of our shareholders. Gawler Craton Gold Project In July, Marmota launched an aggressive gold exploration program across its prime tenement holdings around the Challenger gold mine. Marmota has adopted the same calcrete sampling methodology that was used to find Challenger –– to highlight areas of gold anomalism with the potential for Challenger-style gold mineralisation. At the same time, Marmota has significantly consolidated and expanded its dominant holding position in the region – a process which culminated in Marmota assuming 100% ownership and control of the Aurora Tank gold tenement shortly after the end of the Financial Year. This has enabled Marmota to also focus on Aurora Tanks’ gold potentiality and commence a new drilling program at Aurora Tank in September 2016. …
Poster: Wazza3006 (STT Accuracy: 35% - Ranking No.32 ) http://hotcopper.com.au/posts/19817684/single (Mcap: $6.8m)
ABX - Bauxite explorer [13/10/2016]
Australian Bauxite Limited. Market Cap 29M Current Share Price $0.205 COH : 2.8 Million @ 23 September up from $667000 at 30 JUNE Debt $0 Shares Issued. 142 Million. ABX is a bauxite producer in Tasmania currently riding the slowdown in bauxite pricing by supplying tailored bauxite to the cement industry. Has recently secured a sale and shipped roughly 36000 tonnes of bauxite with another customer currently testing 90T of the product for shipment at the end of year. ABX recently announce a 5 fold increase in there resource at there Fingal Rail Resource bring it to 6.3 Million tonnes of Bauxite. A maiden profit of $534000 in the first half from 2.6 Million and with recent sales and upcoming customers this seems undervalued as sales increase.
Poster: mickloff (STT Accuracy: Unknown) http://hotcopper.com.au/posts/19800077/single (Mcap: $28.4m)
GMC - Manganese ore and alloy producer in West Timor Indonesia [13/10/2016]
+ TA long Awaiting $9.8mil in funding from a key cornerstone investor which should be imminent. Recent permit approval from the provincial Indonesian government has been granted and the full green light is given for the Manganese project. Smelter's scheduled to arrive in October. Lots of price catalysts coming over the next week to months as the project is fast tracked and funding approval is confirmed. Further corporate and operational updates should flow steadily now. Low volume sell down and gap fill confirmed. Will run hard on news of 9.8mill being deposited. News is imminent and buying is building. 2.7c resistance to be breached shortly IMO. 2016-10-12 07_20_16.png
Poster: MasterPiccolo (STT Accuracy: Unknown) http://hotcopper.com.au/posts/19795205/single (Mcap: $32.4m)
ANG - Engineering Services for Mining industry [13/10/2016]
SP18c MC 94.7m Debt ~40m Austin Engineering is a mining services and engineering company manufacturing dump truck bodies, large service vehicles, excavator buckets etc. The company, like many others in the sector has been beaten down. ANG suffered heavily with debt and seemingly didn't take out enough costs during the down turn but held on waiting for the rebound in the mining industry. That rebound in their markets hasn't really happened and their profitability has paid the price. ANG Summary of Results.PNG The reason for my tip is I believe the recent spike in SP has been mainly speculation of M&A activity following Bradken bid and UGL bids. At the current share price, the EV is around 135m. Based on FY17 forecast of $8-10m EBITDA, that is an EBITDA multiple of 13.5-16.8!! Bradken was sold at a current premium to Hitachi in the 9-10x range and is a much higher quality company. ANG is really a combination of smaller companies through acquisitions and that is another reason why I believe they have struggled to take the costs out. I don't see anyone willing to pay such over the top multiples for this company in this environment. If this was 2011-2012 then the multiple might get over the line.
Poster: horghe (STT Accuracy: Unknown) http://hotcopper.com.au/posts/19789787/single (Mcap: $89.5m)
INL - Coal - Pollution Monitoring Tech [13/10/2016]
Intec Ltd - Materials - Patented hydrometallurgical processes Market cap: $5.69M Total shares: 299,818,669 Last close: 1.9c Top 20 hold: 56.02% Currently rerating due to successful trials of the OptiFlox® System at Peabody Energy’s Wilpinjong coal preparation plant over the past year & Burkert starting to manufacture the mark 2 for commercial applications to save Coal Handling and Preparation Plants from productivity losses of $1.6M to almost $10M per annum This is just for Coal plants the OptiFlox® System can also be used to save productivity loss in all of the following plants Gold and silver Lead and zinc Iron ore Copper and nickel Uranium Bauxite Aluminium Mineral sands Clay and titanium mining Intec has a 50% interest, with the option to increase its ownership to 100%, in Science Developments Pty Ltd The prototype OptiFlox® System has been successfully trialled at Peabody Energy’s Wilpinjong coal preparation plant over the past year. Based on the experience gained during the Wilpinjong trial, a Mark 2 OptiFlox® System was designed in collaboration between SciDev and Burkert Australia personnel. The Mark 2 OptiFlox® System materially reduces the size of the system but enhances its capability and its potential application in other industries. The first order for a Mark 2 OptiFlox® System has now been placed with Burkert Australia.
Poster: derrs (STT Accuracy: Unknown) http://hotcopper.com.au/posts/19788482/single (Mcap: $4.8m)
KNL - Graphite - Tanzania [12/10/2016]
(first time I have done this - is the above correct?) Kibaran Resources Limited Today an announcement came on KNL that a managed fund forming part of Commonwealth Bank Australia is now a substantial holder of KNL. First, it is great to see a managed fund buying into KNL. This does not appear to be an aggregated holding of numerous clients but rather a discretionary fund. The reason I conclude it is discretionary is that I do not believe that KNL is part of any indices that are tracked by contemporary funds. I refer to cl 8 of the announcement: [?IMG] Second, I chucked the data into Excel so we can see the price per share paid and some other notes. I will be very interested to see if they keep buying. I don't imagine they intend to do a short term trade at a loss so I would keep an eye out for some reliable broker data to see if they keep going. [?IMG] Third, I wonder who or what else we will see in the near term Fourth, I note at cl 4 that the register holder is Citicorp Nominees, so look for that entity buying I suppose: [?IMG] LUCK - Learning Under Correct Knowledge. Insulting posts will result in you on my ignore list.
Poster: robbo24 (STT Accuracy: Unknown) http://hotcopper.com.au/posts/19785281/single (Mcap: $50m)
GMC - Manganese ore and alloy producer in West Timor Indonesia [12/10/2016]
Manganese in West Timor, Indonesia SP: 2.1c Shares on Issue: 1.297 Billion, 468 Million options, strike price 0.5c, 21 Apr 2019 expiry MC: 27.23 million Cash: Approx $3.2 million ($2 million will be paid for smelters, waiting on receipt of USD 9.8 million from cornerstone investor once term sheet is amended. Permits all granted for smelter. News and updates related to smelter arrival, receipt of funds from cornerstone investor are due in the coming weeks: http://hotcopper.com.au/posts/19576544/single I have a feeling term sheet will be amended to allow for a larger stake from cornerstone investor. Existing funding arrangements with cornerstone investor are detailed below as per previous ANN: http://hotcopper.com.au/posts/18516745/single [?IMG] I have a feeling they come to an agreement where Pak Marthen will take a larger stake in the subsidiary. AGM is tomorrow so there may be more news made available then. I hold both GMC (free carried) & GMCO and combined it is currently my biggest play in the market. The
Crazy Forkman Let integrity and uprightness distinguish all thine acts
Poster: nambo1 (STT Accuracy: 40% - Ranking No.28 ) http://hotcopper.com.au/posts/19785374/single (Mcap: $32.4m)
IBG - Zinc Explorer [12/10/2016]
Ironbark Zinc Ltd - Zinc miner operating in Greenland Market cap: $38.44M Last close: 7.3c Top 20 hold: 45.5% Zinc LME: Firm downtrend Citronen mine forecasted revenue: $5.65 billion (with a 'b') IBG has been robust over the last two sessions with at least 216 shares trading hands: After diving 2.6% yesterday, IBG recovered and only dropped 1.37% today. This is a strong turn-around. Not many companies can boast that they've been able to stage that sort of comeback in such a short amount of time. Positive news is bound to be released in the next 52 weeks. Most shareholders wait with great anticipation for news on the seal-to-camel conversion program that has been promised by management; a bold move that will further decrease running costs, and improve the efficiency of operations. ANALYSIS My FA position has been re-quoted from my original post (below). --- (IBG's)...mining licence in Greenland is pretty much in the bag (read through the recently released Annual Report), so that will push this one higher in the short term. That agreement will be signed as soon as the ink thaws out in the pen-pushers office. Tightly run company, low admin fees, good management. Exploitation benefit agreement recently executed, Environmental Impact Statement recently approved. Oh. And Ironbark are the 100% owners of the Citronen Base Metals Project which holds over 13 billion pounds of zinc. 13 billion That's 'billion' With a 'b' So, at the current spot price of $1.05USD, they are sitting on a... $13,650,000,000 stockpile...? And their share-price is 7.8c...?
Poster: lifeguard22 (STT Accuracy: Unknown) http://hotcopper.com.au/posts/19786922/single (Mcap: $35.4m)
XST - Oil and Gas ? [12/10/2016]
SOI 621 million Cap raise earlier this year for 3million O&G Business strategy = seek farm ins for current assets which in my view might add mid to long term value. With 3million in the bank they are hunting other semi mature assets which could see the short term gains. A few smoke signals recently and I am aware there may be something close. Management have skin in the game as well. That will be it for me for now! And if anyone has tipped either this or OKU before, apologies!
Poster: ChinaDragon (STT Accuracy: Unknown) http://hotcopper.com.au/posts/19783610/single (Mcap: $9.9m)
OKU - Gold company, focused on exploration in South and West Mali, West Africa [12/10/2016]
SOI 240 million 23 million listed options expiry June 2017 at 12.5c Cash in bank 9.8million Drilling for gold in Mali. I bought in earlier this year at 7-9c on the basis their country manager is Dr Manda Dinollo. Connected explorer in Mali who has multiple discoveries to his name. Government ties and is "in the know". Come off recent highs ( due to delay in drilling as a result of wet season). Firing up their campaign again and have already had multiple gold hits across all their tenements in previous drilling. Enough money to see things through and I expect lots of news flow before Xmas. I didn't sell on the recent spike but am confident we'll see new highs before year end. And, er......that's it!!! Edit: 3rd time lucky Ok, long time member / lurker who for a long time never got to grips with this game. Last two years finally started to make some decent returns and feel a bit more confident now! First ever tip so go easy on me. Hope I do it right @Freehold 11
Poster: ChinaDragon (STT Accuracy: Unknown) http://hotcopper.com.au/posts/19783589/single (Mcap: $20.3m)
Weekly Technical Analysis Prospects
NAE - Coal, Gold and Tin Explorer? [17/10/2016]
Massive volume on the last session - most likely due to change of bullish behaviour of coking coal price. It's been consolidating between 1.2c ~ 1.7c trading range for weeks and have tested the support line numerous times. Potentially a target of 3.3c in ST. NAE bar.png NAE.png
Poster: TraderNin (STT Accuracy: 42.9% - Ranking No.22 ) http://hotcopper.com.au/posts/19896197/single (Mcap: $5.8m)
EPD - IT Services provider [17/10/2016]
(ASX: EPD – EMPIRED LTD) SP: 48.5c MC: $ 59.27 Million Cash : $2,970,688 Million AUD as at 30th June 2016 Shares: 120,048,538 Top 20: 63.84% Website: empired.com Please refer to the comments in the chart below epd weekly snip v2 chart 15.10.16.PNG Please DYOR as this is not a buy or sell recommendation Cheers GF [?IMG] 10
Poster: gamefisherman (STT Accuracy: 33.1% - Ranking No.34 ) http://hotcopper.com.au/posts/19887857/single (Mcap: $59.3m)
BYR - Gold explorer DRC and Guinea [17/10/2016]
(ASX: BYR – BUREY GOLD LTD) SP: 7.3c MC: $89.27 Million Shares: 1,246Million Top 20: 76% Cash $769,801 (AUD) as at 30th June 2016 The share price of BYR has been climbing slowly since early September, as shown on the weekly chart below. This upward movement could be potentially on the back of already strong drilling results and those that are pending. With higher lows and higher highs, trading volumes are also supporting the current price change. Once the share price moves through the mid 7c’s area, there is little overhead resistance. byrweeklysnipduringtradingonfridayafternoon14.10.16.PNG Please DYOR as this is not a buy or sell recommendation Cheers GF [?IMG]
Poster: gamefisherman (STT Accuracy: 33.1% - Ranking No.34 ) http://hotcopper.com.au/posts/19865249/single (Mcap: $94.1m)
AMI - Gold and Zinc Explorer Producer [17/10/2016]
(ASX: AMI – AURELIA METALS LTD) SP: 15c MC: $58.19 Million Cash : $18 Million AUD as at 30th June 2016 Shares: 452,835,101 (Fully Diluted) Website: www.aureliametals.com ami snip weekly 15.10.16.PNG After a sustained period of selling, the AMI share price seems to have finally found its feet over the last 4 weeks. The weekly chart above is indicating that there is now upward potential towards the higher end of the rising trend channel. Supply appears to have been absorbed and I think that the share price will begin to move to the upside, as buyers see value around current share price levels. With the pending release of the next quarterly, I would also not be surprised to see some larger instos get set to pounce. Please DYOR as this is not a buy or sell recommendation Cheers GF [?IMG] 12
Poster: gamefisherman (STT Accuracy: 33.1% - Ranking No.34 ) http://hotcopper.com.au/posts/19887803/single (Mcap: $58.2m)
VOC - Telecommunication [14/10/2016]
Market Cap $3.59 Billion, Current share price: $5.79 STT entry based on the TA daily candle chart patterm + trading price volume analysis, backed up by Broker Activities report + broker share price target analysis + big fund big purchase on market Reasons for STT 1. TA chart, VOC offered two big positive candle yesterday & today with very strong buying volumes & total volumes. It indicates a powerful LONG force is kicking in, either bargin hunters or big boys who are in for long term holding/value investing. On weekly chart, from the starting of big drop till today, VOC had first time ever offered a white candle with a long legged doji, after 10 continued dark candles. 2. MACD is forming a golden cross below 0 bar which normally is a reliable bottom signal (not shown on my attached chart but you could see it in your software, also technical indicator is a bit lagging so you cant really wait until something is formed that will be a little bit slow but yes more accuracy) 3. Brokers latest rating/comments on VOC showed very strong supports, I dont think these 5 most important broker agency would on VOC.ASX at this time & price level giving BS info to the market, because that will really give a quite negative to their reputation BROKER RATE.JPG 4. Big fund Challenger is buying a lot on market, CGF.ASX is purchasing VOC shares from 5th July till today ( net buy on market, no single sell) for a total 31.1 million shares. The average purchase price is higher than today's share price for sure, and not higher by a little. CGF became a substantial holder on 22/09/2016, I actually think they are continuing buying notice will be given to the market soon. ( There are a few pages but let me just attach two) 5. Directors buying a lot on market. director buy.JPG My trading plan: I would tomorrow sit and watch if the $5.60 price level is respected or not, tomorrow is the key day for me to put my buy order through, I expect the share price to test $5.60 zone at least once. Idealy I would like to buy around $$5.60 but I wont mind paying up to $5.75, My stop loss price is $5.10 First target $6.20 Second target $6.80 Third target above $7.00( will see later) Wont expect VOC does so in 1 day, will give it 3 weeks at least to see how it goes. @speckledjim1 mate was that you or SGB tagged me before when VOC dropped on 21/09 & 22/09 ? I was asked if I like to catch it or not my reply was ''the chart told me do not touch me in 3 days so I listen'' I now am looking for trading this one. With my stop loss being my safe net, plus all the 5 reasons for my STT entry, at least I know what I am doing. me thinks this would be a good timing & a good one, hopefully cha 1.JPGCHA 2.JPG DAILY CANDLE.JPGVOC 10 MINS 10 DAYS.JPGWEEKLY.JPG Hope is not a strategy 16
Poster: Waiting4Godot (STT Accuracy: 40.7% - Ranking No.26 ) http://hotcopper.com.au/posts/19847273/single (Mcap: $3535.8m)
JCS - FinTech [14/10/2016]
You know what? Why not chuck a tip in for this....Hot copper FA hype stock p&d look alike......gone quiet yet second last higher volume red bar from weekly chart on falling volume and price indicates a soak imo.....perhaps a rinse and repeat is the terminology? Don't even own yet but would be after a 1.6c entry...... jcs.png 15
Poster: specgoldbug (STT Accuracy: 31.8% - Ranking No.35 ) http://hotcopper.com.au/posts/19847069/single (Mcap: $5.7m)
CRB - Copper and gold QLD [14/10/2016]
(ASX: CRB – CARBINE RESOURCES LTD) SP: 19.5c MC: $37.58 Million Cash $8,600,000 (AUD) as at 30th June 2016 Shares: 192,000,000 After CRB’s share price peaking in early August around the 25-27c mark, the Company was subsequently sold off rather hard, with its share price falling for 7 weeks. Around the end of the 22nd September week, signs that sellers were running out of steam began to show up in the Weekly Chart, please refer below. The last 3 weeks of trading have been interesting with price almost levelling out around the late teens to 20c mark. On the back of a strong trading day today for CRB, with some $451K traded and the share price closing up 8% at 19.5c, signs are emerging that buyers are coming back. A few more trading days like today, and a push upward into the mid to late 20’s is possible. Please DYOR as this is not a buy or sell recommendation. Cheers GF crb comp entry weekly snip.PNG [?IMG]
Poster: gamefisherman (STT Accuracy: 33.1% - Ranking No.34 ) http://hotcopper.com.au/posts/19848359/single (Mcap: $36.6m)
TAM - Gold in Australia [14/10/2016]
TAM – Tanami Gold NL is an Australia-based company engaged in gold exploration. The Company's segments include Gold Production and Exploration. Its exploration centers are situated in the Tanami Desert straddling the Western Australia and Northern Territory border. The Company owns Coyote Gold Project, which is located approximately 300 kilometers south-east of Halls Creek in northern Western Australia and 30 kilometers west of the Western Australia-Northern Territory border. The underground operation is placed on care and maintenance (now returned to TAM). The Coyote Gold Project consists of around 350,000 tons per annum carbon-in-leach treatment plant, an underground mine and the surrounding Western Tanami Tenements. Its principal asset, Central Tanami Project in the Northern Territory is located adjacent to the Tanami Track and approximately 90 kilometers east of the Coyote Gold Project. CTP is also subject to Farm In / JV with NST. It also provides exploration programs in various areas, including Cave Hills, Jims South, Beaver Creek and Groundrush. SP: $0.094 MC: $110.4M Shares: ~1.18B Cash & Equiv~$9.18M Supposed have submitted last nite but I didn't make time (@specgoldbug) and it jumped today by 14%. Still think poss more - FA to follow with a loose thought process re movements. TAM HA Ichi 13.10.16.JPG TAM HA Mthly 13.10.16.JPG TAM Std CS 13.10.16.JPG
Poster: FullMoonFever (STT Accuracy: 42.2% - Ranking No.23 ) http://hotcopper.com.au/posts/19848734/single (Mcap: $110.5m)
3DP - Tech Cloud 3D-Datasets [14/10/2016]
3DP - Pointerra Share price 3c Shares 326m MC $9.78m undiluted Cash $4.5m EV $5.28m These figures are from the September investor presentation. Pointerra is a software technology company seeking to develop a business around the processing and visualisation of massive point cloud data sets for 3D mapping. Can be seen as a “big data” play also. With the honeymoon over, the SP has returned to the IPO price of 3c since the listing on 11/7. It bottomed out at 2.5c and chart shows signs of making ascending triangles on the way back. There was a false break on 4 Oct to 3.2c, but that failed without supporting volume. Another ascending triangle is starting to form. A couple more steps up to a possible break out level of 3.2c would be encouraging. Would like to see an isolated volume spike as a smoke signal that there is real interest building. I put this in as TA tip, but the FA has merit as well. Rob Newman of Nearmap is chairman and there’s plenty of cash to pay the software team. The missing ingredient is revenue. A customer announcement would be the catalyst for a run. upload_2016-10-13_10-47-0.png I don't know the future, but the past keeps getting clearer every day.
Poster: ajm65 (STT Accuracy: Unknown) http://hotcopper.com.au/posts/19832447/single (Mcap: $14.7m)
KNM - Online games publishing company [13/10/2016]
Shares on issue - 275m Market Cap - 4.4m [?IMG] Technical analysis Down trend broken Volume has been increasing OBV has been increasing DYOR - not very good at charts.. Get rich or die trying !!
Poster: tjsol (STT Accuracy: Unknown) http://hotcopper.com.au/posts/19814591/single (Mcap: $3.9m)
VRI - Tech Predictive analysis software [12/10/2016]
Veriluma Ltd Prescriptive Analytics Shares- 359m mc- $31m Recent RTO previous PML, sell down on decreasing volume, Dragonfly Doji on daily, could be ready for a reversal IMO. VRI1110.png 16
Poster: Zand34 (STT Accuracy: 29% - Ranking No.39 ) http://hotcopper.com.au/posts/19786142/single (Mcap: $30.9m)
GMC - Manganese ore and alloy producer in West Timor Indonesia [12/10/2016]
Manganese in West Timor, Indonesia SP: 2.1c Shares on Issue: 1.297 Billion, 468 Million options, strike price 0.5c, 21 Apr 2019 expiry MC: 27.23 million Cash: Approx $3.2 million ($2 million will be paid for smelters, waiting on receipt of USD 9.8 million from cornerstone investor once term sheet is amended. As per my original GMC tip: http://hotcopper.com.au/posts/18322199/single, price has again taken on an ascending triangle shape. Price is also very close to two reaction lines which have previously defined pivot points. I know gun trader @mouzo has already tipped this just before most recent spike on chart, but price is very close to breaking out IMO. GULF MANGANESE CORPORATION LIMITED.png The Crazy Forkman Let integrity and uprightness distinguish all thine acts 14
Poster: nambo1 (STT Accuracy: 40% - Ranking No.28 ) http://hotcopper.com.au/posts/19785248/single (Mcap: $32.4m)
(jk) To a man with a hammer, every problem begins to look like a nail. Charlie Munger
