Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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two resent brokers notes from ambriam
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These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
regards
Check out what the big money was doing during the fall.
http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D- *Removed* this post has been removed from public view
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The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!- *Removed* this post has been removed from public view
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A leopard does not change its spots, nor a tiger its stripes.
Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.- *Removed* this post has been removed from public view
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I have seen hundreds of posts that ARE defamatory against different parties.
My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.
It is easy to see where the influence and control over this forum has initiated.
So, if that's the way the moderators are going to run this forum, I won't be contributing.
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Hi All
The following are two resent Brokers Notes from Ambriam, KAH's broker.
Regards
Steve
Extract Half Yearly Numbers
22 February 2011
Price: 252p Target Price: Under Review
Recommendation: Under Review Market Cap: 617mGBP
Extract - Half Yearly Numbers
Extract Resources, in which Kalahari Minerals owns 42.79%, has announced its half-year results:
Exploration
Drilling over the year focused on a number of areas:
1. Infill resource definition drilling on Zones 1 and 2 aimed at increasing confidence levels by defining more Indicated and Measured Resources that are available for conversion to mining reserves.
2. Extensional resource definition drilling on Zones 1 and 2 aimed at increasing the global resource base.
3. Exploration drilling south of Zone 3, predominantly at the Salem, Central Dome and Pizzaro Prospects.
Finance
Aggressive resource delineation and a decision to advance the Zones 1 and 2 of Rossing South towards incorporation into a feasibility study have seen development expenditures and corporate overheads double since last year (net losses were A$33.5m as at 31 December). The remaining cash on the balance sheet was A$35.3m. This figure was supplemented by an additional A$60.9m (post the completion of the financial statements) via an equity raise subscribed to by Kalahari.
The company feels that these are sufficient funds to complete the DFS, but acknowledges that funding of the further project build will require additional dilution. To that end, Extract is currently considering financing options; presumably Rio Tinto fits in here, as well as the potential for an additional off-take party?
Comment
Today's news gives a succinct summary of the rapid development of the Rossing South Deposit. The project is now developing on multiple fronts, with processing infrastructural reviews becoming as important as the delineation of the deposits themselves. We were down on site last month and came away impressed by the calibre of the operational management now on site, juggling the multitude of differing site work for the DFS completion later this year.
Although the markets and Kalahari's price is off today, we think that yesterday's news that the company "is currently holding discussions with Rio Tinto around a potential combination of the Husab Uranium Project with the neighbouring Rossing Uranium Mine, with a view to capturing the significant potential synergies that could be generated from a joint development of the two projects.", warrants further review.
The reason we felt that this last comment was material (given that we understand Extract has been in near continual on/off discussions with Rio Tinto about Rossing South's development since it first bought in), is that its timing correlates with Rio Tinto's commentary from its full-year review last week. During the question round post Rio Tinto's results, Tom Albanese was asked about Rio's strategy for uranium going forward given that both ERA and Rossing are 'getting long in the tooth'.
Answers from Tom Albanese included:
Yes, both assets are mature and we need to do something about that if we are keen to maintain a position in the uranium market going forwards. And we are keen!
It's fair to say that both assets suffered under-funding during the 1990s when the uranium price led the company to question the asset's future.
So, to that end, a little more juice is yet to be squeezed from ERA and Rossing.
But, yes, with regards to our strategy going forwards, "watch this space"!
Recommendation
We are reviewing our recommendation, but would highlight that Kalahari and Extract are now looking cheaper than some uranium plays in their peer group. A point to note given the recent rally in the uranium price.
Company Main Deposit Secondary deposit Mlbs ppm EV/insitu
Mantra Mkuju 84.3 467 12.42
Extract Rossing South Ida Dome 420 422 5.53
Deep YellowTumas / OmaholaMt Isa 90.8 260 3.97
ForsysValencia-86.7 146 2.81
BannermanEtango-161.8 222 1.06
A-Cap158 154 0.85
MarenicaMarencia-85 170 0.50
Price drivers from here:
News on Rio development partnership?
Next resource update is planned for 2Q11
DFS - year-end 2011
http://www.kalahari-minerals.com/News/Analyst_Research/Extract_Half_Yearly_Numbers_/News.aspx?id=243
Rossing South - Yet Another Mineralised Zone Discovered
24 February 2011
Yesterday, Extract Resources (in which Kalahari Minerals owns 42.79%) announced some blinding drill results in areas distinct - but on-trend - to the previously discovered Zones 1-5 at Rossing South.
Whilst almost every drill rig - there were 19 (!) on site when we visited a month ago - has been employed in infill work in preparation for the upcoming DFS (end-March 2011), one rig was apportioned to the sampling of prospective targets that the airborne geo-phys. had identified. The geophys. had suggested that the mineralised corridor that hosts Zones 1-5 continued to the south of these known areas.
The simply stunning assay results announced off the back on this recent testing support the hypothesis outlined by the geophys - in some style!
Chemical assaying of the newly identified targets yielded interceptions of:
20m @ 846ppm; 16m @ 246ppm and; 8m @ 493ppm from different holes at the Middle Dome Prospect
12m @ 191ppm; 16m @ 166ppm and 8m @ 638ppm from different holes at the Pizzaro Prospect
36m @ 178ppm from a hole at the Salem Prospect
Comment
Kalahari's share price has not been immune to the 'blood letting' in the market for all miners this week; it has slid having initially bounced up on the highly material announcement at the beginning of the week (that Rio Tinto was discussing the possibility of incorporating Rossing South into an expanded view of its own production base in the Husab Area).
This latest news, in conjunction with the Rio Tinto announcement, should have acted as a 'one-two' incendiary punch for its valuation, were it not for the unfortunate timing of the current bloodbath in the mining market. We expect that when the market gets a grip of itself again, investors will take stock of the materiality of these announcements and we therefore expect the stock to bounce aggressively when it does.
With Rio Tinto having made a clear indication (earlier this week) that it views Rossing South as a Tier One Asset, we feel it's only a matter of time before the equity market value also reflects this (note that on this basis, it should have a premium valuation to its peer group, yet other players are still valued higher on an EV/insitu basis).
Assets of this quality come around once in a blue moon and it's worth comparing the grades and lengths of the recent intercepts (on yet more targets!) against the head grades that Rio Tinto is currently mining... We are talking hits of +800ppm U3O8 over compelling distances vs. Rio's 300-350ppm at the Rossing Mine.
Recommendation
We are currently reviewing our price target (post a sight visit last month and the anticipation of a formal note in due course), but we retain our BUY recommendation, and would highlight that Kalahari and Extract are now looking cheaper than some uranium plays in their peer group.
We find this extraordinary given the size and quality of the deposit at Rossing South. Rio Tinto's continuing talks should demonstrate to the market that Rossing South is now clearly being viewed as a Tier One Asset by the players that count in the uranium market.
http://www.kalahari-minerals.com/News/Anal...ews.aspx?id=242 -
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It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
PEN is very tradable, but not out of the woods by a long way imo.- *Removed* this post has been removed from public view
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I'm in the same boat having traded PEN from time to time.
It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
Shame on many of you.- *Removed* this post has been removed from public view
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I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.- *Removed* this post has been removed from public view
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There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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Do you have a 2.7 million deposit for a new home?
As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000
Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.
Feeling sick enough yet?
Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.
So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!
Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?
To make your appointment for Perthites, and just for a sick session for others:
http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829
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We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!
I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
Hmmm. That's my best conspiracy theory for now!- *Removed* this post has been removed from public view
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I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.
The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.
Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
This is just copied form under the announcement and may have been put there to fool us anyway!
30.3mt @ 1.7% CuEq
(0.8% cut-off) Measured and Indicated
97.9mt @ 0.96% CuEq
(0.4% cut-off) Measured and Indicated
272.9mt @ 0.62% CuEq
(0.2% cut-off) Measured & Indicated and inferred
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Right now, imo it's a buy.
What does that have to do with anything else?
Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper
If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?
It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.
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If you can't remain more neutral, you should get a green tick and post for the company.
You simply can't give a value on it without ALL the information.
Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.- *Removed* this post has been removed from public view
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No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.
However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,
Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.
Cheers
OI NQ , how they hanging?
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He was suspected of being Bendigo. Maybe the mods worked it out.
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:27 - 236 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529197 - in reply to msg. #529196 - splitview
piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:29 - 236 reads
Posted by bigdump
IP 210.49.xxx.xxx
Post #529199 - in reply to msg. #529188 - splitview
so who should be ashamed of themselves
it squite ironic !
Isn't talking to ones self a form of madness
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:30 - 246 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529201 - in reply to msg. #529199 - splitview
fark u 2 fool ramper
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:35 - 242 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #529204 - in reply to msg. #529197 - splitview
diatribe...
Here are the posts you refer to "6 - 8 weeks ago"...
---
Subject copper strike.. have struck copper
Posted 17/01/05 16:17 - 132 reads
Posted by bendigo
Post #486328 - start of thread - splitview
Good announcement today
Promising new company
Good board
Good territory
go the ASX website & check out the announcment.
Cheers
Bendigo
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Subject re: copper strike.. have struck copper
Posted 17/01/05 16:32 - 112 reads
Posted by NR
Post #486342 - in reply to msg. #486328 - splitview
all ready on them bendigo......awaiting further annonucements.......
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Subject re: copper strike.. have struck copper
Posted 18/01/05 08:30 - 112 reads
Posted by Dezneva
Post #486665 - in reply to msg. #486328 - splitview
Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.
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These were the first 3 posts ever on CSE.
Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."
Problem is, it was Bendigo he was replying to and not you!
How do you explain that?
Cheers!
The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:40 - 234 reads
Posted by Rocker
IP 220.253.xxx.xxx
Post #529215 - in reply to msg. #529204 - splitview
well picked up T4P
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This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
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The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.
Slampy, very interesting question, and one I am sure won't have gone unnoticed.
Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.
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CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.
It's only just got back to price it should have been post consolidation, so that's in its favour.
Very little to sell, I like that, as it will move quickly.
Many won't have received the email yet as they're at work, etc.
Read more here.
http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO
Looks good for next week. Be prepared!- *Removed* this post has been removed from public view
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Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
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Lots of reading today!
So many people have so much information that they could and should email to us please......
[email protected]
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Change
-0.002(20.0%) |
Mkt cap ! $16.58M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $24.16K | 2.685M |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 2745670 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.9¢ | 4498266 | 2 |
View Market Depth
No. | Vol. | Price($) |
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3 | 1494545 | 0.008 |
6 | 2508700 | 0.007 |
3 | 1350000 | 0.006 |
2 | 1280000 | 0.005 |
2 | 1498000 | 0.004 |
Price($) | Vol. | No. |
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0.009 | 4498266 | 2 |
0.010 | 2793222 | 3 |
0.011 | 4055590 | 7 |
0.012 | 1482124 | 5 |
0.013 | 53000 | 1 |
Last trade - 15.47pm 20/06/2025 (20 minute delay) ? |
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