short term trading week starting - 17 jun

Weekly Fundamental and Technical Analysis Prospects - Week Starting 17th June 2013 (No. 70)

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 as I do not have the time to research all the facts that have been provided. Best of Luck.!



Weekly Fundamental Analysis Prospects
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FMS - Iron Ore, Pilbara WA ,

17/06/2013

Strategic deposit located adjacent to FMGs Solomon Hub. FMS has just bounced of the 3c level which was the exact same point it bounced off during the worst parts of the GFC.
Spotted by: Strauss©

(Mcap:$60.1m)

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ENB - Underground Coal Gas in WA,

17/06/2013

John Hannaford, founder of Ventnor capital and very highly regarded recently became a sub holder. Cashflow positive in 2012, net profit $116kOperateing a UCG pilot plant and seeking funding for construction of 168MW Centauri power plant
Spotted by: Fibonarchery

(Mcap:$0.3m)

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TNP - Gas in China,

17/06/2013

Company is currently drilling an appraisal well in North-Eastern China. Updates are meant to be provided every Tuesday. I think estimated to take 20-30 days to complete. I'm anticipating an announcement on Tuesday stating that initial casing are in place and drilling to continue.
Spotted by: TPLO

(Mcap:$9.4m)

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SWE - Oil/Gas Africa,

14/06/2013

Huge acreage position acquired ahead of recent discoveries (4 from 4 so far) in the hottest exploration play in Africa. Partnered with Tullow, who has been responsible for ~2bn barrels discovered in the same play in Uganda, and also the recent discoveries in Kenya, which may be bigger. Tullow has discovered >2b barrels in Uganda since 2006 (soon after the discovery well it acquired Hardman for $1.5b) Tullow now believe that similar or greater potential exists in Kenya Flow rates of 2,800bopd achieved at Twiga – 5,000bopd estimated once put on pump. Tullow has discovered >2b barrels in Uganda since 2006 (soon after the discovery well it acquired Hardman for $1.5b)Tullow now believe that similar or greater potential exists in Kenya Flow rates of 2,800bopd achieved at Twiga – 5,000bopd estimated once put on pump
Spotted by: Spooner41015

(Mcap:$25.3m)

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UNS - Medical devices in USA. ,

13/06/2013

Listed on ASX and Nasdaq, so real market cap is around $306m (bloomberg). Produces innovative safety syringes and large molecule syringes:"Unilife Corporation (NASDAQ:UNIS / ASX: UNS) is a U.S. based developer, manufacturer and commercial supplier of injectable drug delivery systems. CEO said 5 weeks ago that they are entering a period of "hyper-growth" with around 10 deals this year and a major deal is "imminent". I figure a deal of around $250m is priced in at 58.5c, but a "major" deal would be $400m+, IMO, and that would fit the claims last year and early this year of a major deal due for a maximum of $70m per year over 7 years with a ramp up from below $70m in the first few years. Also, a financing deal is supposed to be linked to this major deal so that there should be no dilution.
Spotted by: Martin Gifford

(Mcap:$132.1m)

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AJQ - Oil/Gas in the NT & QLD,

13/06/2013

AJQ fully funded for the 2013 drilling program, targeting 9TCF shale gas in ATP 1087 QLD. Currently driling Well in Queensland’s which has Already encountered some gas. Cash on hand 31/03/2013, $39m
Spotted by: Accaeric

(Mcap:$51.9m)

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RER - Gold in Democratic Republic of Congo,

11/06/2013

Has $7.5 million cash on $3.5 million market cap. Recent drilling results of 46m at 5.4g/t au and 23m @ 3.7g/t au, with grades up to 92g/t au. Dozens of other high grade results. Drilling rig on standby to commence new drilling at Kakadu Share price catalysts could be increased market awareness, improved sentiment towards DRC, and confirmation of drilling date for Kakadu.
Spotted by: Fibonarchery

(Mcap:$2.1m)

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RBR - Iron Ore Copper Gold in Turkey and WA,

11/06/2013

Turkish subsidiary and a strong in-country corporate and technical team established, based in Ankara in central eastern Turkey.? Has Cash $1.6 million and a market cap $1.45 million. Gold JV with SLR. Price catalysts - in advanced negotiations for acquisition of IOCG project in Turkey. Commenced drilling at Peter's Dam in WA. Advanced negotiations on initial Turkish gold, copper and base metal projects in-country.? EM Survey commences on Caesar Hill Joint Venture, Western Australia.? Reverse circulation drilling commenced at the Peters Dam Joint Venture, Western Australia.
Spotted by: Fibonarchery

(Mcap:$1.6m)

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PNL - Gold and graphite in Brazil,

11/06/2013

Great management team, Quality projects, $8.8 million cash, $4m Market Cap6 of 9 holes drilled in current program (probably all 9 done now) with numerous intersections of hydrothermal breccia (whatever that is) and quartz veining. Assays pending - given lateness and poor chart I’m not really expecting much but even a few reasonable hits may reverse downtrend given cash.
Spotted by: Fibonarchery

(Mcap:$3.1m)

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ESI - Coldry Technology at Loy Yang Gippsland Victoria,

11/06/2013

Potential Funding for CDP Commercial Demonstration Plant Via DEPI to be announced shortly with CSI MCG Monash Capital Group also to be announced shortly. MCG were going to fund the whole amount to build the CDP prior to the ALDP being announced. They are the only ASX listed Co. currently in the public domain who have announced they are short listed to receive a slice of the governments $90M via the ALDP .MOU with AGL at Loy Yang to become concrete and announced where CDP is being built. Currently trading at 12 month lows. Has the potential, if it plays out, to become the new ASX market darling with 12c ST not out of the question. 1st to market new Technology patented worldwide
Spotted by: HCTrader

(Mcap:$15.8m)

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EQE - Copper in Chile,

11/06/2013

Currently drilling at their 100% owned Yerba project in Chile. Assays pending for visible oxide and sulphide copper in their third hole. Currently drilling their fourth which is the first to target he IP chargeability anomaly, placement was done at .5 (from memory?) and the have recently sold their gold royalties for $2m. Plenty of cash in the bank.
Spotted by: Abss

(Mcap:$9.9m)

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AXE - Graphite South Australia,

11/06/2013

MCG stated that "prices for flake graphite of 99.0% and higher in particle size ranges from 5 micron to -100 Mesh will command between A$2,500 to A$5,000 per metric tonne". Grades of 99.95% carbon command much higher prices again. Baseline flora and fauna surveys have been complete and will soon complete a scoping study with an expectation that it then evolves into a PFS commencing mid this year and leading directly to a DFS commencing in the 2H2013. In March this year AXE reported metallurgical testing of Campoona (South Australia) graphite project achieved outstanding finely crystalline natural graphite concentrate >99% TGA from mechanical cell flotation. Further metallurgical results including the percentages and grades of flake graphite are expected to be released any day.
Spotted by: Tobyjack

(Mcap:$9.9m)

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AVB - Copper Fe in Brazil,

11/06/2013

The company has gone into a voluntary trading halt on Friday - expected to come out Wed 12 June - with the annc suggesting it had to do with Financing. AVB had been waiting to finalise their JORC for some time as well, so it could be a combination of the two.
Spotted by: Ricdan1985

(Mcap:$70.2m)

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PPX - Paper, Print , sign and display re sellers,

7/06/2013

Very wide range of trading in PPX today , the price actually ranged from 5.8c to 8.2c on spiked volumes , a positive announcement yesterday albeit small suggests this business is far from rolling over and debt has been renegotiated to beyond 2014 The board stated at the AGM that it intended to either fix , sell or close its business in countries it could not turn around , and there has been little news to suggest that has changed The company seems to be tracking to still have somewhere in the vicinity of a massive $3 billion in revenues , yet has a market cap of almost nothing .The drop in Aussie dollar is very positive ,and at 6c PPX might have legs for a 25% + next few weeks if today's spike in volume is an indicator , the hybrids also moved up this afternoon signalling a possibility of where there's smoke there might be fire be very interested to hear a view on how the chart is looking after basically going sideways just under 6c for quite a while lately I hold both PPX and PXUPA but think the shares are the better option whilst the hybrids remain separated
Spotted by: Firsova

(Mcap:$36.6m)

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SXY - Oil/Gas Cooper Basin,

5/06/2013

Holds impressive onshore oil & unconventional gas acreage in the Cooper Basin, as well as coal seam gas acreage in the Surat Basin. SXY recently announced it expects to deliver record net oil production of 1.2 million barrels for the 2012/13 financial year. Major new conventional gas field identified at Hornet containing up to 2.9 trillion cubic feet (Tcf) of prospective resource. Hornet Block is approx. 7 klms SE of Kidman gas field, operated by STO and less than 30 klms from the Moomba to Sydney gas pipeline. Recent media reports suggest majors are sniffing around the emerging shale sector in the Cooper Basin, suggesting Apache has met with several of the players, including SXY which is ripe for a link up with a major. James Crowley, SXY’s GM Exploration, was appointed last year (commenced in January 2013). He previously held snr exec roles with Apache for 18 years. Has a strong cash position and no debt
Spotted by: Tobyjack

(Mcap:$598.9m)

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RXM - Copper in South Australia,

4/06/2013

Have just gone into trading halt re potential funding for their Hillside project. The SP has recently seen 52 week lows as there has been doubt over finding the $$'s to support the project. Depending on the terms this should see a re rate in the SP.
Spotted by: Abss

(Mcap:$58.6m)

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WKT - Coal, and Copper, in Botswana and Tanzania. ,

3/06/2013

About to drill it's copper prospect in Africa @ kigoma copper. Proven area and high oxides already. Aside from prospect has already found and sitting on 6.88b tonnes of coal at Botswana prospect and awaiting rail details and approval from govt. Refer presentation released on ASX on 9 may. Have previously also announced they have no need to cap raise this year.
Spotted by: BrookeCE

(Mcap:$4.67m)

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TTE - Oil/Gas in US and WA Aus,

3/06/2013

Company has been acquiring larger Working Interest and more acres in the Allen Dome Salt Dome where they have been having success with well recompletions. Current producing recompletion wells have already paid for themselves latest Ann stated that these wells are producing at 60bopd total. Company have just completed there first exploration well in the area and have had great success the well has been online for one month and has been producing under its own pressure initial flow rates were Announced as 331bopd restricted to 250bopd. More than triple current production. Only oil is currently being sold from this well with the company looking at opportunities to commercialise the 196mcfd being flared off from the well. This well is to have a pump jack put online in the next week or so for this well so further updates on this well are due. Also further updates on new spuds in the Allen dome could be a possibility. Share price has been sold down to 12 month lows on this news so should be due for a re rate on
any more positive news.Updates on other us projects could also be expected soon.
Spotted by: Fekko

(Mcap:$12.1m)

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JKA - Oil and Gas in Africa, Tunisia. ,

3/06/2013

Currently drilling The bargou block with Cooper energy. Have drilled 2788mrt preparing to cement case last Thursday and run wire Line logs. Reservoir penetration is expected at 3000 mRt. The hammamet west 3 that's taking this on has an objective to drill this horizontal well near where hammamet west 2 encountered oil in a naturally formed vertical formation. Hot copper also tipped this stock 6-9 months ago due to this prospect and management proven background with other explorers and producers. Watch for a run on big volume IMO it will go hard.
Spotted by: BrookeCE

(Mcap:$25.9m)

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GRR - Iron ore in Tas and WA,

3/06/2013

Has been sold down since 31 December 12 due primarily to the tanking I/o price. Has moved slowly from 12c back to 20c with large levels of buying from major shareholder. Of 1.2b shares on offer the major is now holding some 790mil of this and continuing to acquire. Long mine life left and solid grades. Trigger events for sharp rise include the falling AUD which will give a massive kick to earnings and none are hedged. Trigger of major s/h making takeover bid is possible also given recent activity. Final trigger event may include upgrade to dividend, as this producer has been paying good level divi's for past 5 half years. Note, I am a long term holder so whilst opinion may appear biased, it is recommended to dyor and look at events in past quarter, as well as last QR.
Spotted by: BrookeCE

(Mcap:$185m)

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Weekly Technical Analysis Prospects
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FMS - Iron Ore, Pilbara WA ,

17/06/2013

Could a sustained bounce be in store? We are seeing bounces in many oversold Iron Ore stocks I’ve seen some pretty impressive bounces on NFE of 100% in a day and GBG about 50% in a day last week Before that SDL and FAS also in Iron Ore gave some impressive moves Could FMS be next? First target would be 5c
Spotted by: Strauss©

(Mcap:$60.1m)

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CIX - Insurance,

11/06/2013

Looks like a screaming buy (on technical’s) 1. Steady rise2. 14 day MA above 26 day MA3. MACD about to cross4. Both Guppy Darvas and regular Darvas scan say that the next box may be forming (Buy signal)
Spotted by: RainMakerFaker

(Mcap:$73.7m)

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AVB - Copper Fe in Brazil,

11/06/2013

Currently sitting at 5.4c. Moved up to 7.5c only a few weeks ago before drifting back down to these levels. Target could be around 9-11c if everything comes true.
Spotted by: Ricdan1985

(Mcap:$70.2m)

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BLT - Biotech / Australia ,

3/06/2013

New technology , ddRNAi gene silencing. Broken out of long term down trend and trading above 200 day line . Needs to clear 2.1 to confirm uptrend and further resistance expected circa 2.4c . Recent attempt at 2.1c resistance met with plenty of sellers but uptrend looks to be still in place
Spotted by: J8

(Mcap:$16.4m)

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AVH - Biotech Aust/ US,

3/06/2013

Biotech , spray on skin . Game changing technology under trial in the US . Another oversold stock possibly getting set for recovery . Moving average now moving in the right direction . Higher highs and higher lows recently confirm a breakout is possible . Expect resistance at 13 cents .
Spotted by: J8

(Mcap:$34.2m)

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ZGL - Oil services & Construction, Engineering. Singapore,

27/05/2013

Consolidating nicely near the yearly high despite an area of strong resistance that has been in place for 6 months. No much overhead resistance on a break of 30c.Buy now/on a retrace.... or on a break of 30c.
Spotted by: "3500"

(Mcap:$48.3m)

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Links to Previous Weeks Lists

No.69: Short Term FA & TA Leads (for week starting: 10th June) Click HERE

No.68: Short Term FA & TA Leads (for week starting: 3rd June) Click HERE

No.67: Short Term FA & TA Leads (for week starting: 27th May) Click HERE

No.66: Short Term FA & TA Leads (20th - 24th May) Click HERE