Happy New Year. There are a lot of good tips in the above that I agree with (eg AVL, TTR, SRI, GTM, KIM). Really appreciate those posters who gave reasons and prices. Here are three I can add:
1) AUZ and AUZO(20c payable Mar04) – Blair mine nickel cash flows from 1st quarter 2004. Production to be 3,500 Ni tpa = $70M/year = average of $6M/month = double the cash generation of TTR (AUZ cap=$29M. TTR cap=$38M). Open ended resource of 10,000 Ni tonnes. High-grade nickel hits. AUZ never rose in 2003 anything like nearly all other nickel stocks. Exploration growth potential. (note: Hotcopper and OzeStock do not recognize the code AUZ ?part of the reason for the under-performance?).
last trade AUZ=23c AUZO=4.7c
tip AUZ=40c by end 2004 and AUZO=10c before expiry 31-Mar-04
2) GRN – Falcon airborne gravity gives GRN a stake in many top prospects around the country. Diamonds and base metals. This new licensed technology will deliver and GRN are it. Potential to turn up a new world class deposit (would mean GRN X 10 and GRNers will be big winners).
last trade GRN=48c
tip GRN=80c sometime during 2004
3) IVK – Subranum Au in central Ghana reads well to me. Deposit size keeps growing and share price has fallen. IVK cap = $15M. Directors buying. About to embark on RC drilling to deliver JORC numbers. The grades look OK. Some high, most moderate (eg 13m at 17g/t, often 1-2 g/t) but what is striking is the aerial extent of the deposit. So imho Subranum is likely look like a good mine when the JORC numbers come in.
last trade IVK=2.7c
tip IVK=6c when numbers start confirming it is a mine - during 2004
(regarding $1M IVK spent on QTK; note QTK director also bought $70K QTK)
Any opinions on the above welcome. I hold these three (AUZ & AUZO, GRN, IVK). My holdings also include AVLO, TTRO, SRI, GTMO, KIM, KIMOA mentioned above. Do your own research. I could be wrong.
- Forums
- ASX - General
- ASX
- end of year tipping comp!
end of year tipping comp!, page-35
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASX (ASX) to my watchlist
|
|||||
Last
$62.83 |
Change
1.610(2.63%) |
Mkt cap ! $12.18B |
Open | High | Low | Value | Volume |
$61.15 | $62.90 | $61.01 | $20.52M | 328.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1800 | $62.67 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$62.83 | 368 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1800 | 62.670 |
1 | 155 | 62.640 |
1 | 1800 | 62.590 |
1 | 2339 | 62.560 |
1 | 1800 | 62.520 |
Price($) | Vol. | No. |
---|---|---|
62.850 | 1062 | 1 |
62.870 | 475 | 1 |
62.880 | 100 | 1 |
62.900 | 3824 | 4 |
62.950 | 7 | 1 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
Featured News
ASX (ASX) Chart |