Weekly Fundamental Analysis Prospects ---------------------------------------------------------------------------------------------------
CNO - Copper/Zinc explorer, Udu mine,
12/08/2013
I reckon CNO is due for a bit of a run this month SP is V oversold on low volume...(it has dropped 50 percent just in the last 2 weeks on next to none)has developed a large spread as sellers have just about run out....very thin on sell side news due soon’ish on larger drill rig targeting that 60 percent zinc hit that bogged the smaller rig currently using 3DIP, VTEM and DHEM to zero in on targets for ongoing drilling.MC only 2 mil with inferred Resource of 4.5 million tonnes at 1.2% Cu, 3.9% Zn, 29g/t Ag & 0.3g/t Interest slowly returning to this oversold sector with copper price breaking out of its downtrend ..possibly? Spotted by: Knowbs
PPX has now been in restructure for a new board just on 12 months and is due in the next fortnight to report poor earnings in a year it has looked to retrench almost 25% of its work force and cut or close businesses in countries it sees as beyond repair Revenues should fall arguably another 10-15% , and the loss be massive , what I am looking for however is a return to something near profit in the next 12 months and some confident commentary on the future not to worry , so much on the past which is terrible losses under poor management from the past ....all gone ! This years loss will be smashed with the retrenchment costs hurting the short term balance sheet, however the company predicted that 2014/15 if the new boards plan works will be the year they hope to get back in to profit Revenues are massive , probably still in the reduced capacity to somewhere near $ 3,000 million ( 3 billion revenues ) across around 20 countries If the commentary is as I hope , and some recent buying suggests might be the case ( about 1.5% changed and in one day last week ) then the current but ufA t is a bargain. Happy to take a punt on this one at this level looking for a bounce over the next week or 2 , and hoping for a bad result but nowhere near everyone is tipping This stock was once in the ASX top 50 companies , and the man in charge now has a very good track record in this space. Spotted by: Firsova
Targeting High Grade Gold in the Philippines. Red Mountain Mining has commenced Stage 1 drilling to test high-grade epithermal gold targets on it's Lobo prospect in the Philippines. The initial target to be tested will be at Japanese Tunnel where the first drill hole will test immediately under the high-grade surface trenching results of 5m @ 10.43g/t Au.408,000 ounce JORC compliant resource already proved up. Management have stated first results due from third week of August. 470 Million shares on issue, $3 Million cash following recent Capital Raising. Spotted by: kellbys
Huge deposits on and around the Central Australian rail line. Rum has taken 70 percent of CEN and will soon complete their acquisition. Weary CEN holders are keeping the SP slightly depressed which has provided a buying opportunity. This is a well managed growth company setting itself up very well. It may be a future takeover target for BHP or similar. Exploration is continuing across all tenements including a JV with Reward Minerals which has a lot of upside. They are financially sound with plenty in the tank to continue exploration and finish the acquisition. News of getting to the required ninety percent will see the share price recover. Stale longs from the CEN takeover is the short term risk but the next one to three months should see strong returns. DYOR, starting with the recent quarterly. Spotted by: J8
Recent agreement with Stonepeak and development of US asset, substantially change the profile of the company. Stonepeak will provide the equity of $660m, remaining will be debt financed by LNG. Importantly, Stonepeak will pay to the Company a one-off success fee on the MLNG Project achieving financial close, calculated on 3% of the total MLNG Project capital cost (such fee is estimated at US$66 million); That $66m is more than current market cap of LNG. Today's sell due to placement @20c,coming to the market. Spotted by: Accaeric
Swala Energy is an Australian oil and gas company with assets in Kenya and Tanzania. Swala’s holdings are in the world-class East African Rift System with a total net land package in excess of 15,000km2. New discoveries have been announced in a number of licences along this trend, including Ngamia-1 and Twiga South-1, which extend the multibillion barrel Albert Graben play successfully developed by Tullow Oil plc into the eastern arm of the Rift. Swala has an active operational and business development programme to continue to grow its presence in the hydrocarbon provinces of sub-Saharan Africa. Spotted by: Butzagatep
Benitec . Aussie bio with groundbreaking ddRNAi gene silencing technology which is about to trial p1/2 for HCV, a multi billion dollar market. There has been a consolidation but it is tradable on the above code. Directors taken there SPP and new sub holder notices are out. This is really starting to look good IMMHO. Sure, a few will bail for quick buck here and there but unless there is some unforeseen delay everything is in order. I don't think the current price will last, the threads are full of worrying about dumping but I disagree. Totally undervalued and seemingly unnoticed by the world but I assure you a one shot cure for HCV will open eyes and wallets. There are far too many ducks lining up here for this to be dumped incessantly .... as has been the case in previous years. There are options but they are quite a risk. DYOR there but I am only banking on the heads. Spotted by: J8
PRL - Oil/Shale Gas in Uruguay, Canada, Spain and the USA,
1/08/2013
Proven management with skin in the game. Piedra Sola & Salto Concessions, Norte Basin, Uruguay (PRL 25%, up to 60%) Targeting unconventional and conventional oil targets in Piedra Sola & Salto Concessions (3.5M acres). Lochend Cardium, Alberta, Canada (PRL 40%) - Targeting ‘tight oil’ in lower siltstone and sandstone. Fort Worth Basin Texas – Barnett Shale, USA (PRL 25%) - Targeting unconventional liquids rich gas in 3,710 net acres in Erath County, Texas. Tesorillo & Ruedalabola, Beltic Alps, Spain (PRL 21.25%) - Targeting conventional sandstone gas reservoirs in 94,000 acres in Southern Spain. First mover Uruguay, company making asset Catalysts for CY13 include:- Core hole program at Uruguay commences June with interpretation of results Q3CY13;- Seismic survey in Uruguay Q4CY13 and prospective resource Q1CY14.- Farm-out to drill Spanish asset Q4CY13; and- Ongoing production flow rates for Cardium. Spotted by: Tobyjack
CDY - Biotech -Holds signif IP for nflammation, autoimmunity and cancer.,
4/08/2013
ellmid holds the largest and most comprehensive portfolio of intellectual property related to midkine, an extensively validated therapeutic and diagnostic target in inflammation, autoimmunity and cancer. Coming of a very wide base I believe this is the next BIO to play catch-up with the sector. Recent initial move, full retrace to test the 200Week average and a close last week back above the 35week average. Spotted by: Pilsner
Going to be hard for Chartists to follow because of the consolidation and I will appreciate any help . Technically BLT is set to run from its current 32 cents. It has had its necessary false starts. I don't believe it will retest the SPP price for very long , if at all. First stop 55 cents when it does get going, then 70 to 77. Then ..... later, eighty five cents to one dollar twenty five in a real hurry ..... Footnote: Trading until the second of August on a deferred basis then the new shares are on the market . Expect strong news. Spotted by: J8
