Weekly Fundamental and Technical Analysis Prospects - Week Starting 28th Oct 2013 (No. 89)
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 ---------------------------------------------------------------------------------------------------
MNE - Copper in Chile /Philipines & Aust,
28/10/2013
Catalyst for sp increase: -Mining Group Limited (ASX: MNE) announced it has entered into an option agreement to acquire up to 90% of the El Roble copper project concessions within the Atacama region, Chile. Commenting on the proposed acquisition, Mining Group Managing Director Mr Zeffron Reeves said: “We are very excited by the potential acquisition of the El Roble copper project in Chile. This project has the potential to deliver near term production and generate cash flows to fund further exploration activities and enable us to become self-funded within a short time frame.” Copper mineralisation at El Roble has been mapped over a 6 kilometre strike length with some startling copper grades being mined from small scale mining activities, with regularly shipped grades to local toll plants being in excess of 12% copper and our due diligence work has confirmed this.” In addition, the El Roble copper project is close to existing world class producing mines, but it is also within close proximity to transport and processing infrastructure. As a result, this project has the potential to provide near term, high grade copper production with limited capex spend. Poster: Vogliobene (STT Accuracy: Unknown) Click Here for originating post
(Mcap:$5.3m)
MBE - Mobile Payment & Adverts Aust Asia Pacific,
28/10/2013
Company operates in a mobile payments and advertising market. Looking at the overall mobile sector worldwide and few recent M&A activities with big price tags make this an extremely good opportunity for instos. Company is in the $1.5 trillion dollar industry ... Company has started turning corner and revenue is increasing.. This has all the qualities of growth stock...Q1 revenue of $4.5million up 61% from $2.8million in the previous corresponding period, Q1 ofFY2013.Q1 EBITDA of $ 0.920million up from a loss of $84,000in the previous corresponding period Q1 ofFY2013, showing a strong turnaround of $1M.This has $ figure written all over it.. Poster: Vkumar (STT Accuracy: Unknown) Click Here for originating post
(Mcap:$84.7m)
TSV - Oil gas explorer,
28/10/2013
MC 16mil, cash 5mil, price mover - an outstanding sale agreement worth $14mil due anyday.Has a 50mil JV with Alcoa to drill the Warro gas field just outside Perth. Drilling to commence in 1q 2014Have 2 outstanding deals on 50 000 acres of prime Canadian unconventional asset. Currently plenty for sale at 0.4c ran to 5c last time they drilled Warro, so pretty safe buying at this level, what might happen in the next month Consummation of sale agreement to bring in 14mil, it ran to 1.2c on its original ann. Either one of two anticipated drilling JV on Canadian lands. Spud date for Warro. Poster: V8 (STT Accuracy: 18.5% - Ranking No.21 ) Click Here for originating post
(Mcap:$12.1m)
SXA - Oil and gas explorer,
28/10/2013
Market moving activity for the next month. Executes drilling contract for the Maverick Oil Project targeting the Eagle Ford shale.? Engaged Halliburton for the stimulation of the Burkett 5-34HOR well, Vail Oil Project.? Permitting 4 wells on the Sleeping Giant Gas Project. Effectively have 4 company makers on the go. They have hit oil on first drill result waiting for stimulation and flow results.Two other company making projects to be drilled before years end. Ron Prefontaine of Bow and Arrow fame running the show. Poster: V8 (STT Accuracy: 18.5% - Ranking No.21 ) Click Here for originating post
(Mcap:$31.7m)
SPZ - Technology and Services Aust/NZ,
28/10/2013
Has just won the contract to manage the parking for Westminster Council, London. Under a new team put in place by Chris Morris (Computershare founder), with a new strategy and new products, SPZ has rapidly won similar contracts with Waverley Council (Bondi), Australia and Rotorua Council, New Zealand.SPZ installs parking sensors for live on-street parking availability, and the ability of parking fines to be issued without the expense of employing parking inspectors (big saving for councils).You can drive into an area run by SPZ, and a mobile phone app will tell you where the free parking spots are.SPZ uses Radio Frequency Identification (RFID) to manage neighbourhood permit parking, with cashless payments. his is a scalable, technology driven business. With a solid value proposition now for these prestigious councils in Australia and the UK, many other councils will follow. This can be rolled around the English speaking world, just like Computershare with share registries. Poster: Umizoomi (STT Accuracy: 63.6% - Ranking No.1 ) Click Here for originating post
(Mcap:$61.5m)
TPT - Oil/Gas in Morocco,
28/10/2013
Free carried for first drill well and partnered with quality partner at Tarfaya, offshore Morocco: During 2012, TPT successfully completed a farm-out to Galp Energia at the Company’s flagship Tarfaya Block offshore Morocco worth up to US$41m and inclusive of the drilling of a well, expected in H1 CY14. Tarfaya is located in shallow waters with four drillable prospects and a total unrisked recoverable prospective resource of 867MMbbl (P50). Extensive seismic work has been completed at Tarfaya and oil shows/seeps are also evident on the block. Regional drilling set to intensify commencing from Q4 2013:H2 CY13 will mark the beginning of a renaissance period for the Moroccan O&G industry with operators planning to drill up to 10 wells commencing Q4 CY13. Cairn and Genel have already contracted rigs and Kosmos are actively seeking to secure a long term rig. Catalyst for sp rise short term: 1. Cairn Energy & Genel, TPT neighbours in Morocco, are due to commence drilling. BP has also recently moved into the deep water exploration plays that offshore Morocco – this has put further spotlight on a region already red-hot with exploration fever. Any success will flow on to TPT. 2. Moroccan Govt ministerial approvals finalized. A key component of the Tarfaya farm-out included Galp paying TPT US$7.5m relating to cost reimbursements. TPT will also receive an additional US$3.0m relating to a bank guarantee refund. Upon Moroccan Ministerial approvals, the operatorship will be transferred and US$10.5m in cash will be received by TPT Shares on Issue (m) 130.4Options/restricted on issue (m) 69.4 Poster: Tobyjack (STT Accuracy: 45.5% - Ranking No.3 ) Click Here for originating post
(Mcap:$36.5m)
AXE - Graphite/Magnesite – South Australia,
28/10/2013
Graphite Projects – Campoona Shaft & Campoona Central have a current combined Measured/Indicated/Inferred JORC Resource of 2.527 Mt (JORC Resource could support 15-year project with further resource additions expected) and a target of 40 – 70 Mt. AXE Has a substantial land position (1,100km2) in a major "graphite province" containing multiple targets, yet to be drill tested. What sets Campoona apart from almost all other graphite deposits in the world is its ability to deliver ultra pure, high value, highly crystalline ultra-fine graphite using conventional mechanical cell flotation, grading up to 99.9% C. Exceptional recoveries of >90%. Purity virtually unheard of from mechanical cell floatation. Catalyst for rise in sp short term – 1. Possible off-take partners resulting from graphite samples being sent to end users2. Possible sale/jv partner in Leigh Creek Magnesite - the World’s largest cryptocrystalline magnesite deposit. JORC resource > 400mt grading 41.4% MgO. Strong financial position, with cash at 30/6/13 $8.6million Shares on issue 82.4mil, unlisted options on issue 8.1mil Poster: TobyJack (STT Accuracy: Unknown) Click Here for originating post
(Mcap:$12.8m)
KRC - Vanadium/platinum/fluorite and copper/gold/silver in WA ,
Junior company has exposure to huge upside (800BCF prospective resource – could be worth over $2b) but a relatively low risk profile. Usually, projects like this are expensive to acquire; however, the relationships in the Ukraine and the way the deal has been structured (vendors are getting scrip and the only cash paid is out of cashflow) has resulted in a very attractive investment proposition. It is a large licence onshore Ukraine in a mature petroleum province, surrounded by producing oil and gas fields and criss-crossed with infrastructure. Any discovery can be quickly and inexpensively commercialised. A High gas price environment US$12/mcf and 50% netback makes economics very attractive. Near term catalysts: • Updated resource (additional vintage seismic lines are likely to be obtained which should increase the confidence around the resource) • Progress on farm-out of deep prospect (and possibly shallow)• Acquisition of additional licences• Chevron moved into the area next door to Cossack Poster: Spooner41015 (STT Accuracy: Unknown) Click Here for originating post
(Mcap:$0m)
DYE - Dye Solar Cell Technology (Australia, Europe Asia ),
28/10/2013
Tasnee (Saudi Arabian Industrial giant) has now concluded its due diligence in relation to a strategic investment of $16 million in Dyesol. In planning for exercise of this investment option, Dyesol has agreed to extend the exercise period by 2 months to November 14. Tasnee is a very substantial, global industrial conglomerate and the additional time will allow both parties to further explore opportunities to work together. The Dyesol Board is very pleased with this outcome and looks forward to working closely with Tasnee to confirm its investment and, more importantly, to commercially exploiting Dyesol's highly prospective DSC technology. Dyesol's latest business and technology development plans provide for accelerated commercialisation of its Building Integrated Photovoltaic technology. Dyesol has been invited to attend a meeting in Riyadh, Saudi Arabia in early November to finalise these negotiations. There it will also finalise the detailed business plans for the global commercialisation of its solid-state DSC technology. Poster: RetiredYoung (STT Accuracy: Unknown) Click Here for originating post
(Mcap:$69.7m)
AUQ - Copper Nickel,
28/10/2013
Has $2b CuZn post DFS project, about to apply for 75% SIDF funding, $14m company with around $6m cash, at least 2 more high grade Cu exploration projects to boot. Moves in the Cu and Zn spot prices last week are good also expecting breakout on Cu to $3.60 over the coming weeks, Zn will probably test a 6 month high come early next week Poster: Mowibble (STT Accuracy: Unknown) Click Here for originating post
(Mcap:$13.6m)
IBG - Zinc in Greenland. ,
28/10/2013
Huge reserves of Zinc in Greenland. #Recent presentation gives a good rundown on the company. What is very interesting is that they have a plenty of cash AND a mammoth reserve con note fund .. untouched. It is redeemable at nine times the current SP.....there are billions of dollars worth in the ground there. Market cap twenty million, cash five million. They are on the hunt for a major and strategic acquisition and the recent overturning of the radioactive mineral mining ban in Greenland has opened the door for them. I expect some build up in the SP before news of a MAJOR new venture which IMO will include some impressive rare earth leases. Greenland is extremely rich and only has 60,000 people Poster: J8 (STT Accuracy: 30% - Ranking No.16 ) Click Here for originating post
(Mcap:$19.4m)
GGG - REE/ Uranium in Greenland,
28/10/2013
Since 2007, the Company has been focused on delivering a world-class production center for specialty metals from the Ilimaussaq complex in south Greenland. Kvanefjeld is the first of several large-scale deposits to be delineated, and is widely recognized as one of the world’s largest resources of rare earth elements, as well as containing substantial resources of uranium and zinc. Managed by a first-class technical team, the feasibility studies on Kvanefjeld are now well-advanced, and Greenland Minerals and Energy is firmly placed to become one of the world’s largest and most cost-effective producers of specialty metals. Meanwhile, the search for new world-class mineral projects constantly continues. Welcome to the evolution. Project overall resource inventory: 956 Mt containing 575 Mlbs U3O8, 10.33 Mt TREO, 2.25 Mt zinc TREO includes 0.37 Mt heavy REO, 0.84 Mt yttrium oxide. Pivotal vote to allow uranium mining expected shortly Poster: J8 (STT Accuracy: 30% - Ranking No.16 ) Click Here for originating post
Phosphagenics Limited (POH) is an Australian biotechnology company with a focus on the production, sale and licensing of products for the cosmeceutical, nutraceutical, pharmaceutical, and animal health industries. POH has commercialised drug delivery applications based on its transdermal Targeted Penetration Matrix technology (TPM). POH’s two operating businesses are Pharmaceuticals and Nutraceuticals. The extended release opioid market for the treatment of chronic pain, which is the target market for the oxymorphone patch, is approximately $6 billion per annum. Surveys undertaken on behalf of Phosphagenics have indicated that a successfully commercialised oxymorphone patch could achieve peak annual sales of between $700 million - $1.4 billion. Poster: Stefan41 (STT Accuracy: 20% - Ranking No.20 ) Click Here for originating post
(Mcap:$148m)
BAU - Bauxite Aust,
25/10/2013
Bauxite Resources has three key projects, all in the Darling Range area of Western Australia, directly to the north-east, east and south-east of Perth. The company’s total landholding in the area covers 9,720km2. To put that in context, that’s an area 10% greater than the size of metropolitan Melbourne. With only 2.8% of the landholding drilled for exploration, the company has already booked 256 million tonnes of bauxite worth $16 Billion JORC compliant Resources. Poster: Stefan41 (STT Accuracy: 20% - Ranking No.20 ) Click Here for originating post
(Mcap:$25.5m)
OVR - Colombian Copper / Gold Project,
25/10/2013
Agreement signed to acquire a 90% interest in the highly prospective, 2,245 hectare, Rio Negro Project in northern Colombia ? Rock sampling has returned anomalous gold assays of up to 23g/t Au ? Limited geological mapping and traversing has identified large zones of silica-sericite and potassic feldspar-magnetite-biotite alteration, indicative of porphyry related intrusive activity ? No previous drilling within the Project area ? Project interpreted to lie at the junction of a deep suture and the structural corridor that hosts the 12 Moz Au “California” gold fields in Colombia ? Early stage low cost exploration program to commence shortly ? Other Colombian assets are being evaluated ? $1.8 million cash reserves Poster: PeaceAKKI (STT Accuracy: Unknown) Click Here for originating post
Break of the 200 Dema (blue line)on previous move, Support looks to have been confirmed with the higher low and a weekly close today above the 10Dema (green line). 50 day (red) Crossing the 200 this week signals the golden cross. The chart is not a perfect cup and handle but the volume is textbook to that pattern. Today’s volume bar potentially signals the overlap from the selling to the next buying cycle. Looking here for the repulsion from the rising trend line sometime in the next week or so which will signal initial target to 21c or approx. 35% and a second target of 24c or 55% from today’s closing price of 15.5c Poster: Pilsner (STT Accuracy: 22.2% - Ranking No.19 ) Click Here for originating post
(Mcap:$61.4m)
ETE - Oil/Gas in the US,
28/10/2013
Buy sig today with a close above the 50DEMA. I am in this LT but if U are looking to trade it the move I am anticipating is a gap fill target to 4.5c where it will encounter the 200 DEMA blue line on chart. Previously and historically it goes straight through the 200day so another FIB target of the overshoot if it happens is 5.4c.Longer term targets to 6.8c and beyond. Timeframe...That initial target to 4.5c is over approx. 20 trading days and could furnish you with a cool 36% return on today’s closing price of 3.3c......If it happens and very few sellers here for this to go much lower. The sell side is thin but currently outweighs the buyers 2:1Plenty of people recently been happy to by straight off the on screen offer so I don't see this as such a negative. seriously sub asset value Poster: Pilsner (STT Accuracy: 22.2% - Ranking No.19 ) Click Here for originating post
(Mcap:$16.9m)
AUQ - Copper Nickel,
28/10/2013
Recently made the false break and double bottom, recovered nicely to find support off the short term EMA, and is nicely floating it's head just above the ichimoku cloud, declaring it a buy on every front. See Chart in Link Poster: Mowibble (STT Accuracy: Unknown) Click Here for originating post
(Mcap:$13.6m)
IBG - Zinc in Greenland. ,
28/10/2013
ST chart shows rising OBVLT chart shows OBV just turning Oversold on both charts with moving just average starting to turn up LT downtrend appears to be broken. Large spikes on LT chart show potential. Gaps at 6.7 and 7.5Bollingers tightening, whatever that means lol Poster: J8 (STT Accuracy: 30% - Ranking No.16 ) Click Here for originating post
(Mcap:$19.4m)
GGG - REE/ Uranium in Greenland,
28/10/2013
I can't make huge sense of the chart but I feel sure someone will on the thread shortly, if you are interested. I took a look at its neighbour REM mining on the LSE. The chart is ripper and shows its primed for a good squirt. Big move coming any day after spike and retrace on the ST. LT it looks the same with a strong gain likely and new highs. Poster: J8 (STT Accuracy: 30% - Ranking No.16 ) Click Here for originating post
