Weekly Fundamental and Technical Analysis Prospects - Week Starting 11th Aug 2014 (No. 127)
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/Technical Analysis Prospects
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IVR - South Australian IOCG and Silver explorer [18/08/2014]
Market Cap $15m Cash $5m. Drilling has began with assays due and they may have hit something" Six holes completed thus far with prospective breccias and sulphides intersected upto 300m north of Paris silver resource in South Australia""Start of two months, 13,000m drill campaign to test multiple exciting targets developed across northern Eyre Peninsula using Investigator’s Paris know-how""First assays are expected early September, then further assays through to October"was a former market darling so would expect some interest to pick up in it as news flow starts from this large drill program
Poster: Strauss© (STT Accuracy: 45.8% - Ranking No.9 )
http://hotcopper.com.au/posts/13824334/single (Mcap: $12.8m)
CXO - Silver/zinc/lead/Copper in NT [18/08/2014]
MC about $6.7m cash around $1.7M Core have just completed a placement to sophisticated investors at a price of 5.5c for $1m ,oversubscribed at a minimal discount to it's last price before the halt (5.8c) .Importantly when it came out of the halt at about 3pm Friday there was strong buying and it closed just off its high for the day of 6.4c at 6.3c.The funds raised will allow them to aggressively drill 3 prospects - silver/zinc/lead targets at Albarta, copper targets at Albarta and first pass drilling I believe at their ground immediately adjacent to KGL's Jervois ground where KGL have been announcing some stunning Copper,Zinc,Lead and Silver assays. I think there is going to be a push on to see CXOO get in the money (needs to be 10c plus) and I think the register has tightened up considerably recently. It is going to be interesting to see the next annual report and what new faces show up in their top 20 holders
Poster: John435© (STT Accuracy: 62.5% - Ranking No.2 )
http://hotcopper.com.au/posts/13828272/single (Mcap: $6.7m)
KRB - Zinc-lead-silver Explorer [18/08/2014]
6.5c$5 million cap$11 million cash. Zinc-lead-silver rock chip assays due in a few weeks from a tenement near BHP's Cannington mine owns 10 green field and 2 brownfield projects in Queensland covering numerous commodities looking for acquisitions also
Poster: Fibonarchery© (STT Accuracy: 55.6% - Ranking No.4 )
http://hotcopper.com.au/posts/13829975/single (Mcap: $5.2m)
GMX - Transition from Mining to a Tech Co. [15/08/2014]
1.2c$1.2 million cap, No debt$800k cash last two quarterlies GMX have stated they are looking at technology acquisitions and selling their mining assets too easy - no hints - definitely currently assessing tech acquisitions - with a $1.2 million cap and more cash than most of these shells it will respond well on announcement day
Poster: Fibonarchery© (STT Accuracy: 55.6% - Ranking No.4 )
http://hotcopper.com.au/posts/13820015/single (Mcap: $1.7m)
ICN - Cooper Basin Shale player and LNG developer [14/08/2014]
Implied asset value of ATP855P alone is 23c a share ICN based on BPT and Chevron farmins. Its about to commence a very large fraccing program to try unlock 28Tcf of gas along with BPT and Chevron so huge price catalyst coming. It has a 2Mt pa LNG contract with a large Chinese group, may not seem like a long shot but after LNGs performance and then MEOs off the back of its Tassie Shoal LNG asset market may go bonkers for this. It needs to certify 2Tcf of Gas to fulfil this offtake agreement
Poster: Strauss© (STT Accuracy: 45.8% - Ranking No.9 )
http://hotcopper.com.au/posts/13810299/single (Mcap: $86.2m)
CFE - Iron Ore in Pilbara [14/08/2014]
MC $82mCash/Investments $94mCape Lambert have announced 2 fully franked divi payments over the next 5 months that equate to a 30% ROI at current purchase price, not including the franking credit imputation, which bumps the ratio up to around 42%.After payment, the company is left with about $40m in cash and $30m in invested securities, and has flagged the purchase of a new glamour project to help lift the shareprice higher. Based on the fact that the record date for the divi is just over 6 weeks away, and that It is also buying back shares daily with a current ceiling price of 15c, it is fair to speculate that the shareprice might appreciate in the leadup, owing to the massive hedging provided by the divi.
Poster: Mowibble© (STT Accuracy: 65.2% - Ranking No.1 )
http://hotcopper.com.au/posts/13811391/single (Mcap: $92.2m)
MYN - Gold explorer [14/08/2014]
1c$895k market capNo debt$1.9 million cash!!Drilling for gold and iron this quarter. Assessing new project acquisitions
Poster: Fibonarchery© (STT Accuracy: 55.6% - Ranking No.4 )
http://hotcopper.com.au/posts/13814165/single (Mcap: $1.3m)
GUN - Copper at Mount Gunson, Western Australia [13/08/2014]
Financial Analysis - GUN have fallen from grace in recent times as the deal with Posco fell through for development of their WA mineral sand project. This sands project is going nowhere until prices increase, although they continue to look for a partner. What has sparked the interest today is the positive scoping study for the Windabout Copper project. Early proof of concept results suggest that they can extract copper, cobalt and silver from the Mount Gunson MG14 tenement and in contrast to the work done previously the extraction rates mean that it could now be commercially viable. I have seen a research report earlier this year that Gunson’s 49% equity interest then carries a projected conceptual valuation of $36.1 million or $0.14 per share (undiluted) at commencement of mining operations. All the costs up to 2.5m are being carried by Terrace Mining and the provisional costings should be known in 3 months. I was going to tip it yesterday when the Director buying notices came out, but was too busy. Pity as it already moved 25% today. Probably a longer term pick than 4 weeks but worth taking a position I think.
Poster: Markeewan (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/13807410/single (Mcap: $6.4m)
YPB - Counterfeit Goods Detection [12/08/2014]
Market cap $16M$3.75M was raised in an oversubscribed float (it was a shell restructure that was previously suspended in 2005)101M shares on issue- 67.2M escrowed for 24 months- 7.1M escrowed for 12 months Of those, the top 20 account for 85%There were 8M shares held by the old holders, who have waited since 2005 when the previous company entered suspension - that is 9 years to claim a capital loss. Since listing, it has traded just shy of 5M shares - reasonable to assume there can't be much more stock, as generally oversubscribed floats have limited supply The last article on them said they had 4 invested $10M and 4 years of D&D-Company loans are to the director and convertible at the higher of 20c or 30 day vwap- 9 contracts signed with revenues of $2M p.a currently on 3-5 year contracts - up to 90% margins Based on the old volumes, they were on a PE of around 8. That was before today's announcement which mentioned they have doubled shipping and signed new agreements and trials with one of China's largest clothing exporters - potential for 5M to 100M unit ramp up there alone. So with some significant deals secured, and shipping doubled, it is reasonable to say these are now trading on a PE of well less than 8, in a market that is growing 20% YOY and is valued at $14Bn in China alone. Expect a decent bounce once the seller is done
Poster: VonTrader (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/13801149/single (Mcap: $0m)
BNR - Gold miner [11/08/2014]
Capped at $2.5M As at last quarterly had $2M in cash and scrip with "no immediate direct project expenditure" Sold 49% of the asset to PNR for $1.5M cash and $1.1M scrip. Free carried on next $4M of exploration. Project has a mineral resource estimate of 260k ozs @ 5.6g/t Now on the hunt for other acquisitions Also note that Matsa has been buying these guys up on market :-- change in substantial holding was dated 30/6/2014
Poster: VonTrader (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/13791917/single (Mcap: $2.4m)
PAA - Biotech - Australian Based cancer drug development company [11/08/2014]
Market Cap $15mHad been basing in a 4month long sideways consolidation between 0.9c and 1.1c/1.2cbroke this on Friday on large volume with a push to 1.3c and 1.2c on the buy depth and this was on the back of human cancer trials starting for one of their drugs Next target is highs around 1.8c/1.9c
Poster: Strauss© (STT Accuracy: 45.8% - Ranking No.9 )
http://hotcopper.com.au/posts/13796074/single (Mcap: $14.4m)
IPT - Gold Copper Zinc in Australia [11/08/2014]
Drill results for the recent program at Commonwealth Hill to the north of Cadia in the Lachlan Fold Belt are imminent .This is in the second most prolific mineralised area in Australia after the Kalgoorlie region. The old Commonwealth Mine was host to gold,silver,zinc,copper and lead. If management's assessment is correct not only is there lots of ore remaining but there might be another monster lurking below Silica Hill.
Poster: John435© (STT Accuracy: 62.5% - Ranking No.2 )
http://hotcopper.com.au/posts/13796121/single (Mcap: $18.5m)
NEU - Pharmaceuticals [11/08/2014]
10c. $150m cap Cash $22mNeuren Pharmaceuticals is a biopharmaceutical company focusing on the development of new therapies for brain injury, neurodevelopmental and neurodegenerative disorders. Neuren’s strategy is designed to increase the value of its key drug products, NNZ-2566 and NNZ-2591, by extending the therapeutic focus from acute brain injury to chronic neurological conditions requiring longer term dosing. The Company’s focus emphasises product development opportunities with five crucial attributes: solid scientific rationale, significant unmet medical need, compelling market opportunity, favourable regulatory treatment with a clear path to approval, and potential for development for additional conditions. Four Phase 2 trials of NNZ-2566 in Rett Syndrome, Fragile X Syndrome, moderate to severe Traumatic Brain Injury and Concussion are all fully funded through to completion in 2014 and 2015.Plenty of results and news expected this coming quarter. Has retraced from recent run up and now sitting at good value. Really worth checking out the way these guys operate. US Army funding, plenty cash, Orphan drug status, Fast track FDA status and more. The post below is a very detailed update of FA events.http://hotcopper.com.au/threads/new-updated-items-list.2076707/page-63?post_id=13789326
Poster: J8 (STT Accuracy: 50% - Ranking No.8 )
http://hotcopper.com.au/posts/13794903/single (Mcap: $143.1m)
BMG - Drilling for nickel in Cypress [11/08/2014]
Drill results due in about 2 weeks I did email company last week they said a drilling update this week never happened a little disappointing appears to be so accumulation going on started at .007 early in the week has continued into .008 today with a couple of larger sales end of day negative is it will need cash in the not to distant future
Poster: DarrenPincini (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/13792569/single (Mcap: $5.7m)
BSM - Tasmanian based Zinc explorer and developer [7/08/2014]
Market Cap $1.5m Cash $650kOwns the Hellyer and Que River deposits which were some of Australia's highest grade Zinc VMS mines. Substantial remnant ore remains http://www.bassmetals.com.au/tasmania_projects.52.html"Poly-Metallic Resources Significant basemetal resources remain within the Fossey-Fossey East orebody and also remnant mineralisation at Que River and Hellyer resulting in a base metal resource inventory of 1.92Mt of 0.6% copper, 4.2% lead, 7.5% zinc, 90 g/t silver and 1.3 g/t gold ."The Hellyer Mill which BSM sold to Ivy Resources is also still on site so with rising Zinc price pretty good opportunity for the two to get together and do a JV toll treatment of remnant ore. Finally and importantly major seller who has been holding the stock back is finally out today and the sell depth now is almost nonexistent Assays are due as well from sampling
Poster: Strauss© (STT Accuracy: 45.8% - Ranking No.9 )
http://hotcopper.com.au/posts/13777777/single (Mcap: $1m)
HAW - Gold and iron ore explorer [7/08/2014]
Cash backing of 5.4c while trading at 2.9c and a tightly held stock along a low market cap as compared to projects. Plenty of activity is on the horizon as well. 1600m RC drilling program about to commence at Mt Baven on Phase 4 DSO drilling, RC drilling intersected thick interactions of DSO hematite, adjoining Jupiter Mines Limited Mt mason resource.RAB and RC drilling has commenced in Yundamindera Project designed to test 11 targets. Results would be available in September and October. Other activities are happening across three gold projects including couple of nice gold projects. Please refer to quarterly for further details.
Poster: Forrestfield© (STT Accuracy: 58.6% - Ranking No.3 )
http://hotcopper.com.au/posts/13780267/single (Mcap: $5m)
CZD - Health/Biotech [6/08/2014]
MC - 50mCash - 4mRecently received FDA approval and CE mark approval (the euro equiv of FDA) for the marketing of a topical negative pressure dressing (TNP )- The market for TNP market is estimated at $2.5 billion annually. They are now searching for a partner to market and distribute their product, which testing has shown to outperform the current standard of care - in other words its better than everything on the market currently, in fact the FDA has stated that they have concerns with the current standard of care and something better is required. Further they have also recently received FDA approval to market the peptide AOD9604 as a food additive, this peptide has been found to be efficacious in reducing obesity and healing joints. In other words you can spread it on your wheatbix in the morning.(AOD9604 is the same stuff Essendon was using)In short this company has FDA approval for the marketing of two desirable products into the most lucrative market on the planet (the holy grail of all biotech companies) it just remains to find the appropriate partners to bring them to market. Recent trading on the stock suggests this may not be far away imo
Poster: V8 (STT Accuracy: 41.7% - Ranking No.10 )
http://hotcopper.com.au/posts/13771105/single (Mcap: $43.9m)
BUR - Oil /gas in Colarado County, Texas [4/08/2014]
MCap~$8.0m Cash on hand ~$1.7m No debt Financial Analysis - BUR has 5 producing wells on their Colorado leases and is about to add another. The drilling is progressing at 900 feet/day as they towards a final depth of 11750 feet which is likely to be hit later this week. Once they evaluate the well logs the decision will be taken to complete the well and connect to sales (or not).This is my 5th pick of BUR in the STT with gains of 25%, 31%, 38%, 21%, but I am hoping for a coloured jersey with this one. The Heintschel field is a producing field so stick the drill bit in and history shows there is a high degree of certainty of BUR hitting gas and condensate; the question is how much. In the interests of balance and evaluating the risk, consider four scenarios.1. Find nothing - lose half your investment2. Low case of 1000 mcf gas - ~40% increase3. Med case of 2000 mcf gas - ~125% increase4. High case of 4000 mcf gas - ~290% increase have a feeling that the 3 cent options will soon be in the money and at a long shot the 8 cent options could be as well. (not tradeable, Directors only) as the drill site for this well has been chosen based on a number of successful wells nearby that have used the same 3D dataset
Poster: Markeewan (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/13759677/single (Mcap: $7.6m)
DKM - Recent IPO (Mineral Exploration) [4/08/2014]
DKM is due to list on Monday morning and with a raising price during the recent IPO of 20c I think we will see it put on 100% + rather quickly. ConsiderKM will have $8.6M in cash and a further $2.3M in liquid assets ,having a nominal price(for the moment) of 20c will see it open with a MC of $16.5M ,about 82 million shares on issue and an EV of about $6MRXL on the other hand has approximately $3.8M in cash ,735 million shares on issue, a MC of $33.5M with an EV of $29.7MDKM I believe also has a larger JORC Resource than RXL. Below is a map showing their respective tenements
Poster: John435© (STT Accuracy: 62.5% - Ranking No.2 )
http://hotcopper.com.au/posts/13717225/single (Mcap: $0m)
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Weekly Technical Analysis Prospects
IVR - South Australian IOCG and Silver explorer [18/08/2014]
Market Cap $15m Cash $5m. making a double bottom at 3.3c on high volume today
Poster: Strauss© (STT Accuracy: 45.8% - Ranking No.9 )
http://hotcopper.com.au/posts/13824334/single (Mcap: $12.8m)
KRB - Zinc-lead-silver Explorer [18/08/2014]
6.5c$5 million cap$11 million cash. Technically share price has been rising on above average volume last few weeks, with buying often offscreen and at market, strong and rising OBV, and has formed a cup and handle shape or whatever broke out from 5c resistance, retested and bounce back off
Poster: Fibonarchery© (STT Accuracy: 55.6% - Ranking No.4 )
http://hotcopper.com.au/posts/13829975/single (Mcap: $5.2m)
GMX - Transition from Mining to a Tech Co. [15/08/2014]
1.2c$1.2 million cap. No debt$800k cash. Technically has come down from around $1.70 to form a long base at around 1c - reverse 170 bagger I think that’s about enough now selling has stopped Chart has turned up from absolute low of .007Buyers building up around 1c mark
Poster: Fibonarchery© (STT Accuracy: 55.6% - Ranking No.4 )
http://hotcopper.com.au/posts/13820015/single (Mcap: $1.7m)
JKA - African focused oil and gas developer and explorer [14/08/2014]
Has been consolidating sideways for the last 3months in a 4.3c-5c channel A break of 5c would signal a breakout and allow the stock to try close that gap left all the way up to 8c
Poster: Strauss© (STT Accuracy: 45.8% - Ranking No.9 )
http://hotcopper.com.au/posts/13811236/single (Mcap: $18.3m)
SBB - Clothing manufacturer and seller in china [14/08/2014]
After IPO the price crashed and has now formed a cup-and-handle pattern between an intra-day high on the way down and a recent surge after the quarterly to 15.5 c. The cup depth is 9.5c and the handle is not as shallow as I would of liked at 5c, nevertheless yesterday gave an early indication of the support and direction and a complete buy signal would be increase volume and price rise by the end of this week as the pattern breaks out. Final target would be 24c which should be achieved in the 4 weeks of this tip... barring any massive financial crash or over-seas war etc etc
Poster: Nihilism (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/13808313/single (Mcap: $54.2m)
MYN - Gold explorer [14/08/2014]
1c$895k market cap. No debt$1.9 million cash!! . Technically has formed an illiquid base at 1-2cselling has all but stopped biggish buyer has appeared OBV rising since 2012 - similar story to LMR except 1/4 the market cap and soon to be drilling
Poster: Fibonarchery© (STT Accuracy: 55.6% - Ranking No.4 )
http://hotcopper.com.au/posts/13814165/single (Mcap: $1.3m)
HAW - Gold and iron ore explorer [7/08/2014]
Few short term bullish signals has been established... Double moving average crossover (21 day 50 day) on 1st August, MACD 4th August and Commodity Channel Index 6th August... These are from couple of plat forms so experienced technical analysts can identify any flaws... As I have started learning my way around
Poster: Forrestfield© (STT Accuracy: 58.6% - Ranking No.3 )
http://hotcopper.com.au/posts/13780267/single (Mcap: $5m)
HCH - Copper in in Chile, South America [7/08/2014]
reversal on the candle sticks, all good on the oscillators, all though stochs are showing over bought on the daily. Today’s price jump, like a few of the small cap miners probably based on D&D interest. Market cap <$80m
Poster: 383hq (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/13778734/single (Mcap: $95.6m)
PYM - Oil and Gas [4/08/2014]
Early stage rapid growth company in the oil and had exploration industry targeting shallow low risk shale. It has had higher volumes and accumulations in the last week than in the rest of the last year. Buyer stack up is to die for with not many available on the sellers side.
Poster: Channan88 (STT Accuracy: Unknown)
http://hotcopper.com.au/posts/13753470/single (Mcap: $3.4m)
BCT - Bio Tech stock [1/08/2014]
MEMS Bio Tech stock that's turned the corner with sales and revenue has broken 2yr down trend and looks headed to 10c short term below a 3yr cha
Poster: Strauss© (STT Accuracy: 45.8% - Ranking No.9 )
http://hotcopper.com.au/posts/13750021/single (Mcap: $8.4m)
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