Weekly Fundamental and Technical Analysis Prospects - Week Starting 24th June 2013 (No. 71)
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 ---------------------------------------------------------------------------------------------------
Federal environmental approval for its Wiluna Mine has passed without challenge."Toro can now focus its full attention on completing all technical and commercial studies required to support an investment decision for the Project whilst continuing to seek strategic partner support for the development capital needed". Cash $10 million + $4 million remaining of Macquarie loan facility Spotted by: Fibonarchery
4000m diamond drilling program at Citadel to commence late June focused on further delineation of the 800m Calibre Au-Ag-Cu anomaly. The Citadel project is located 100km north of NCM's Telfer gold mine. Current cash $3.3 million + SPP funds tbd Spotted by: Fibonarchery
UNX - Uranium and Base/precious metals Auts & Africa,
19/06/2013
UNX has a diverse inventory of exploration targets in East Africa and Australia, including uranium, coal, graphite, gold, nickel, iron and Rare Earth Elements (RREs).In Tanzania resource estimates have been prepared for Uranex's Manyoni Uranium Project in central Tanzania and its Mkuju Uranium Project in southern Tanzania. Furthermore, Uranex has recently made a significant graphite discovery at Nachu in the south east of Tanzania and an exciting coal discovery at Rutumba North near the Tanzanian port of Mtwara. Initial results indicate that the Rutumba North coal is high quality thermal coal and further testing is underway to assess for coking coal properties. In addition to these projects, on several other Uranex tenements indications of coal, gold, nickel, iron, uranium and RREs have been identified. Most of these areas in Tanzania have had little or no previous survey work or exploration work, so there are opportunities for completely new discoveries on previously uncharted ground. In Australia, the Compa ny's Thatcher Soak Uranium Project is at an advanced stage with an inferred resource estimate. Within Australia Uranex also holds tenements in the Northern Territory within the Alligator Rivers region, which is also prospective for uranium Spotted by: Pilsner
Redgum is drilling an IOCG target and has already reported intersections of mineralisation but awaits assays. Just done a RI at 3c and that price is currently available. Small number on issue... any substantial assay should see this micro cap move up quickly. Spotted by: J8
Getting closer to a cash flow positive business model. Quarterly is expected to show increase in subscriptions and further cost cutting that may be enough to tip it into the black and create a significant milestone. Spotted by: Kpkg
Pharmaxis' new drug progress in EU18 Jun 2013 - Pharmaxis Limited (ASX:PXS) presents new analyses on the longer term benefits of its drug Bronchitol on cystic fibrosis sufferers.(Content supplied by Finance News Network) Spotted by: Butzagatep
ORC resources and is exploring in Chile and Aust. Helix has assays overdue and a repeat of the previous single hole will show an extensive deposit of high grade copper. Sold down on minuscule amounts. Aussie drill about to get underway. 3.5c ATM ( joke ) Spotted by: J8
Funded for two wells after high-value farmout. Unique exposure to Morocco’s Miocene. The Miocene Toubkal prospect has 1.5 bn boe potential. Canada-based broker, GMP Securities, research report "Small cap explorers provide best gearing to Moroccan oil success" have suggested PVD has a risked NAV of A$2.60 (primarily attributable to the two upcoming funded wells offshore Morocco).http://www.puravidaenergy.com.au/news_pdf/GMP_Securities_-_Research_-_PVD_1.pdf Spotted by: Tobyjack
Has seven licences spanning 300 square miles in the Bowland shale, is currently thought to have about 60tcf - although this estimate reflects the earlier stage nature of the acreage. Cuadrilla, who along with jv partner ASX listed AJL, recently sold a 25% stake in their Bowland assets to British Gas owner, Centrica. DTE’s tenement portfolio lies to the south of Cuadrilla/AJL Bowland project. The Cuadrilla/AJL deal has led to excitement amongst the other UK shale players – LON-IGas and ASX-DTE - with suggestions the likes of heavies Total, Exxon, Statold and Chevron might become interested in these two. If there is any truth to the rumours, sp could rise further. Spotted by: Tobyjack
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
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
uge 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 KenyaFlow 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 KenyaFlow rates of 2,800bopd achieved at Twiga – 5,000bopd estimated once put on pump Spotted by: Spooner41015
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
AJQ fully funded for the 2013 drilling program, targeting 9TCF shale gas in ATP 1087 QLD. Currently drilling Well in Queensland’s which has Already encountered some gas. Cash on hand 31/03/2013, $39m Spotted by: Accaeric
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 KakaduShare price catalysts could be increased market awareness, improved sentiment towards DRC, and confirmation of drilling date for Kakadu. Spotted by: Fibonarchery
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
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
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
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’s 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
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
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
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
Inverted Head and shoulder pattern should confirm bottom in if this breaks to the upside. Final stages of breaking the right shoulder to the upside. Higher highs and Higher lows, closed today at 99.5c with intraday high at $1.035. Possible gap up on open above $1 coming in the next week, look for the follow through or for entry on next + vol day of +6mil ish. above $1A dumper at $1 influenced the price action today, Have they now finished? measured and initial target is $1.35 (35%) has to get through the 200DEMA just above so expecting a slower oscillating move around that initial hurdle before accelerating. Spotted by: Pilsner
UNX - Uranium and Base/precious metals Auts & Africa,
19/06/2013
The recent spike was the High grade graphite results from Nachu which is 20Klms? from the SYR Motherlode. Looking for continuation of the Bull pennant formation in the below chart. Look for entry off this level on +vol (1mil + should do the trick)short term resistance around the red line at 8.5/9c. ST Target is 10.5-11%. (See Chart in Link) Spotted by: Pilsner
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
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
