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User
Posted on: Nov 28 2018, 09:58 AM


Group: Member
Posts: 272

Anyone else watching this little sucker fly? *smile*

https://stockhead.com.au/resources/early-mo...aterson-frenzy/
  Forum: By Share Code

User
Posted on: Nov 10 2018, 12:10 PM


Group: Member
Posts: 272

Some recent press. AZY mentioned towards bottom of article.

https://thewest.com.au/business/speculation...-ng-b881017433z
  Forum: By Share Code

User
Posted on: Nov 9 2018, 03:09 PM


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Posts: 272

Looking better and better. Still no announcement though.
  Forum: By Share Code

User
Posted on: Nov 5 2018, 12:28 PM


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Posts: 272

Technically VERY strong this last week Rumors about re copper find with RIO.
  Forum: By Share Code

User
Posted on: Oct 27 2018, 11:59 AM


Group: Member
Posts: 272

RIO are only after tier one assets. AZY is mentioned at the end.

font="Verdana"]Rio airstrip, more drill lines fuel talk of its biggest find in 25 years


Rio Tinto’s hush-hush copper discovery in WA’s remote North Paterson region is to get its own airstrip.

26th October 2018
Barry FitzGerald
Rio Tinto’s hush-hush copper discovery in WA’s remote North Paterson region is to get its own airstrip.
And the most recent satellite fly-over shows there has been lots of activity at the discovery, 120km north-north-west of the nearest point of civilisation, Newcrest’s once-great Telfer gold-copper mine.
There are new drill lines extending south by about 400m from our previous flyover, the 40-man camp is in, and the drill core lay-down area is expanding. Rio has also bulldozed a new access track to the north-west.
Despite all the activity at the late-2017 discovery, Rio has yet to confirm it is a major find. Whatever Rio is on to, it has triggered one of biggest land grabs by a single company in recent memory.
Last year Rio held 1000sqkm of the North Paterson in its own name and 1335sqkm in joint ventures.
Now it’s got more than 11000sqkm in its own name (all the way to the coast at Eighty Mile beach between Port Hedland and Broome) and 1760sqkm in joint venture. Oh, Fortescue has coat-tailed it in and has 5300sqkm under its belt.
To refresh the memory, the discovery was reported here in April on the strength of satellite imagery and industry chatter that Rio’s drilling was returning 140m intersections of visible copper mineralisation from a depth of 40m.
More recent chatter is that it is Rio’s best

discovery in 25 years, that it could be as big as Mt Isa and that Rio is so annoyed by the satellite spying that it is cleaning up the drill collars and raking the surrounding sand dunes golf-style to throw us all off the trail.
Then there are the whispers from some other big-name miners - who ought to know if the broader Paterson is going to become hotter than hot on the strength of the Rio discovery - that it is the real deal.

The nearology plays
If Rio does eventually confirm it has found something special – and “if” is the operative word – it will unquestionably be great news for the juniors active in the area.
In terms of absolute proximity, we’re talking about Antipa (AZY, trading at 1.4c) and Sipa (SRI, trading at 0.9c).
The pair are affectionately known as the IPAs of the North Paterson by those who like ordering their Indian pale ale at the bar as quickly as possible.
Antipa has long had Rio as the funding joint venture partner on some of its North Paterson ground and coincidentally, way over in Africa, Sipa has Rio as the funding partner in a nickel exploration play worth watching.
(As an aside, Sipa has just added a belt-scale Mississippi Valley-type zinc-lead play to its portfolio to
[/font]the south-west of the Lennard Shelf MVT province in WA.)
Other Paterson players include Encounter, Red Metals, Alloy and the AIM-listed Greatland.
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User
Posted on: Sep 28 2018, 04:40 PM


Group: Member
Posts: 272

Good prospects in the next few weeks. For a speccy not that many shares on issue and a low market cap. Any one of the numerous prospects in Peru could prove to be a company maker and see a drastic increase in share price. But definitely a speccy.
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User
Posted on: Nov 29 2017, 10:06 AM


Group: Member
Posts: 272

Unfortunately when it comes to shares I have found that I am a SLOW learner *smile*. I have been looking at colbalt companies. What struck me is that most have a lot of shares on issue, small market cap and share prices in the cents.
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User
Posted on: Nov 29 2017, 07:23 AM


Group: Member
Posts: 272

Ah Blacksheep you are bring back memories ..... Good old Ron Wise and his towers in Singapore (I think). One of my first of many turkeys during the dot com era *smile*!

  Forum: By Share Code

User
Posted on: Nov 23 2017, 09:25 AM


Group: Member
Posts: 272

Blacksheep, Just started looking at cobalt. Your posts are most educational and knowledgeable. Thanks Blacksheep
  Forum: Macro Factors

User
Posted on: Nov 20 2017, 12:04 PM


Group: Member
Posts: 272

Blacksheep, i must confess to never have short sold. I have been tempted in this market which I think is overvalued.
  Forum: Off Topic Chat

User
Posted on: Nov 19 2017, 11:16 AM


Group: Member
Posts: 272


I have been in and out of AZY over the past years. Antipa Minerals has North Telfer Project’s Minyari and WACA Mineral Resource, which are located 40km north of Newcrest’s Telfer gold-copper-silver mine in the Paterson Province of Western Australia. Although small I liked the presence of cobalt.

Last week it made two announcements of note that have made me get back in:


• Minyari deposit and WACA deposit total Indicated and Inferred Mineral Resources of 11 million tonnes grading 2.0 g/t gold, 0.24% copper and 380 ppm cobalt for 723,000
ounces of gold, 26,000 tonnes of copper and 4,000 tonnes of cobalt.
• Mineral Resource classification 30% Indicated and 70% Inferred.
• Maiden Mineral Resources for Antipa’s 100% owned Minyari and WACA deposits independently estimated by Optiro in accordance with JORC 2012 guidelines.
• Ongoing exploration in progress targeting additional resource opportunities.

and

• Calibre Deposit Inferred Mineral Resource, estimated by Snowden Mining Industry Consultants, delivers a +50% increase in gold grade and ounces with 47.7 million
tonnes grading 0.85 g/t gold and 0.15% copper for 1.3 million ounces of gold and 69,500 tonnes of copper.
• Calibre resource extends in excess of 1km and remains open both along strike, at depth and potentially across strike.
• Significant potential to materially increase the resource, including within the Calibre
South IP anomaly which is currently being tested as part of the 2017 reverse circulation (RC) drilling programme.
• Existing Magnum Inferred Mineral Resource, located just 1.3km from Calibre, provides an additional 339,000 ounces of gold and 57,800 tonnes of copper.
• Calibre and Magnum combined Inferred Mineral Resources contain 1.64 million ounces of gold and 127,300 tonnes of copper, with both deposits open in several directions.
• 2017 Citadel Project Exploration Programme fully funded by Rio Tinto Exploration Pty
Ltd.
[size="4"]
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User
Posted on: Oct 19 2013, 05:28 PM


Group: Member
Posts: 272

from http://mobile.businessweek.com/news/2013-1...y-oil-on-supply

Iron ore prices will be higher this year and in 2014 than forecast in July as global manufacturing improves and China’s metal imports rebound, while the outlook for oil was raised on supply disruptions, the World Bank said.
Iron ore is expected to average $134 a dry metric ton this year and $135 a ton in 2014, up from a July prediction of $120 and $125, respectively, the report showed. The World Bank stuck to an outlook for iron ore prices to average $145 a ton in 2025.
China’s economy expanded 7.8 percent in the third quarter, from 7.5 percent in the second quarter, and its iron-ore imports rose to a record 74.6 million tons in September on demand for steel, customs data show. The iron-ore market is the biggest seaborne commodity traded after oil.
“Prospects for the metal market depend importantly on Chinese demand,” the World Bank wrote. “If robust supply trends continue and weaker-than-anticipated demand growth materializes, prices could follow a path considerably lower than the baseline presented in this outlook.”

  Forum: Macro Factors

User
Posted on: Jan 2 2013, 08:29 AM


Group: Member
Posts: 272

ASX ann:

KARARA PROJECT SHIPS FIRST MAGNETITE CONCENTRATE ANOTHER KEY MILESTONE ACHIEVED AS COMMISSIONING AND PRODUCTION RAMP-UP CONTINUES

Gindalbie Metals Limited (ASX: GBG – “Gindalbie”) is pleased to announce that the first shipment of magnetite concentrate from the Karara Iron Ore Project in Western Australia has been dispatched from the Karara Export Terminal in Geraldton for China – the first-ever significant shipment of magnetite from Western Australia.

Loading of the historic shipment, which comprised approximately 55,000 tonnes of magnetite concentrate, was completed on 31 December 2012 on the Panamax vessel ‘Sunrise Star’.

The ship departed Geraldton on the high tide at midday on 1 January 2013, bound for China.
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User
Posted on: Oct 28 2011, 06:54 AM


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Posts: 272

Technically looking quite strong in the last week or so. Some very prospective holdings. A good management team and the AGM coming up soon. I think it is worth my hard earned!
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User
Posted on: Mar 18 2011, 10:44 AM


Group: Member
Posts: 272

Barra. "why should the YEN be so strong now?" it is because in the short term a lot of overseas assets will be converted to Japanese currency to rebuild. US, Aussie and NZ bonds will be sold and the money sent back to Japan. Therefore the demand for yen will be high in the short term. In the longer run I expect your analysis of the US/yen currency to come true but not as fast as with 1995 and Kobe. Also in the medium term Japan will need a lot more of Aussie Commodities (iron ore) to actually do the rebuilding.
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Poll: Uranium
User
Posted on: Mar 10 2011, 09:33 AM


Group: Member
Posts: 272

from http://seekingalpha.com/article/255632-wil...wc&wc_num=4. Although the below is US orientated there are plenty of Aussie stocks this applies to eg PDN and BKY spring to mind


Will 2011 Be the Year of M&A for Uranium Stocks?

A speculator is someone who can look into the future and act now. In early October, I saw a major development in the uranium sector as I began seeing signs of a major breakout of many of the uranium miners, via the Global X Uranium ETF (URA).

Uranium stocks have tripled since that time and are now taking their first major breather. During this time we have seen major investors come into the market, specifically from China. This interest in uranium was highlighted back in June 2010 when China National Nuclear signed a contract with Cameco (CCJ) to supply 23 million pounds of uranium. This showed how aggressive China has become and took a large amount of the supply off the table.

Cameco is on the record as looking for additional acquisitions. Already it has inked a deal with Uranium Resources (URRE) to explore a property in south Texas. Paladin (PALAF.PK), an emerging producer, bought the controversial Michelin Property from Fronteer Gold (FRG) for about $250 million in November. Russia's state-owned ARMZF.PK purchased Mantra Resources (MNRZF.PK) for almost $10 a pound of uranium in the ground. Mantra controls the Nyota deposit and will be able to produce five million pounds of uranium a year.

This is proof that the nuclear industry is heading into consolidation. This year, expect to hear more news, especially as prices pull back to support, like what is occurring now.

[Click to enlarge]

Market corrections are valuable. Uranium stocks are all pulling back to support and reversing higher. Over the past few months, I have highlighted the role nuclear is playing in emerging markets, especially China, Russia, India and South Korea. Even the Middle East, which has vast resources of oil, is looking to expand its nuclear capability.

I believe investors will look back at this correction as a great buying opportunity. Acquiring companies may use the next few weeks to make deals as share prices take a breather. Similarly, Fronteer Gold was acquired by Newmont (NEM) specifically during the gold (GLD) consolidation in January. Large companies use profit-taking and sell-offs to make offers.

All over the globe, nuclear is being recognized as an integral part of clean energy generation in a developing and expanding world. President Barack Obama has announced more than $8 billion in federal loan guarantees for the first nuclear power plant in the United States in close to 30 years. Obama says investing in nuclear is critical for the United States, as it will reduce U.S. dependence on foreign oil and help the U.S. economy by creating high-wage jobs.

The Middle Eastern turmoil is a wake-up call to our elected leaders in Washington, who have not been proactive in developing efficient and clean alternativemenergy sources. One pound of uranium is equal to 20,000 pounds of coal. Despite the “Deepwater Horizon” and “Upper Big Branch,” there has not been a push for safer and cleaner nuclear energy.

Unfortunately, the U.S. has been asleep at the switch like Homer Simpson, and the earliest a new reactor will be built is late 2011. Southern Company (SO) has a pending application for a reactor in Georgia, which it says will create 3,000 jobs and generate power for 1.4 million people.

However, I believe leaders around the world are realizing nuclear is the only viable choice for clean energy. Obama, who has a large constituency of environmentalists, has given the green light on nuclear. It doesn’t take a high IQ to realize the demand from emerging economies for nuclear power. There are supply concerns, as Russia is not renewing its agreement to supply the U.S. with converted uranium from nuclear weapons. The U.S. must move quickly, and domestic uranium miners are just beginning their secular bull market trends. I believe we will begin seeing a major consolidation in this sector as many of the larger producers (such as Cameco, Uranium One (SXRZF.PK) and Paladin), as well as sovereign countries, continue to acquire reserves. Look for deals to occur on pullbacks.

  Forum: Macro Factors

User
Posted on: Jan 11 2011, 02:22 PM


Group: Member
Posts: 272

OEx gets a BIG push on this site. Have a read for those that follow such

http://brokermandaniel.com/2011/01/10/oile...date-big-spike/
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User
Posted on: Dec 11 2010, 02:26 PM


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Posts: 272

no announcement as of yet! Due date just past! Either BKY will have raised more capital @ $1.45 or Severstal bid announced on Monday, what will it be?
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User
Posted on: Dec 7 2010, 01:12 PM


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Posts: 272

As I understand the situation there are two important issues and claims. One is under the trade practices Act, where essentially AGS is making a claim for 100% of the Uranium. The other is in relation to getting access to records that show the 'real' cost of Heathgate processing the Uranium.

Re the jv if AGS gets the full licence back (which I doubt they will), the cost of going it alone will be more than compenstated for by the extra 75%. If AGS don't get the full 100% they just have to proceed as a junior partner.

AGS had a full costing done on what it would cost them to process their 25% of the Uranium and the figures (based on 25% of the jv) are a lot less than what Heathgate is trying to charge them. The costings were done so as to be able to be presented in court.

Re access to the books if AGS can show Heathgate has overcharged they will probably have a claim for compensation or such. If they lose they just have to pay what Heathgate is invoicing.

Company's controlled by the Blues Brothers have a long history of shafting company's and people they do business with. Apparently, in the past they have been very successful at screwing others and there is no reason to believe that the Blues won't have done their homework this time and be successful again.
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User
Posted on: Oct 30 2010, 05:42 AM


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Posts: 272

Possible Takeover Bid of Berkeley Resources Ltd and Interim Funding Agreement



The Directors of Berkeley Resources Ltd. ("Berkeley" or the "Company") advise that it has been approached by, and is presently in discussions with, OAO Severstal ("Severstal"), one of the world's leading integrated steel and mining companies, to agree the basis on which Severstal may make a proposal to acquire control of the Company.

Severstal has indicated to the Company that, subject to Severstal completing and being satisfied with the results of financial, technical and legal due diligence and the entry into an implementation agreement which is on terms satisfactory to the Company and Severstal, it would consider making a conditional all cash proposal for all of the outstanding shares of Berkeley (the relevant conditions to the proposal would be specified by Severstal in an announcement to the market if it resolves to proceed with such a proposal).

Berkeley has entered into a Subscription Rights Deed with Severstal whereby it has granted Severstal the right to subscribe for approximately 16.3 million new Berkeley shares at a price of A$1.70 per share, subject to the condition that Severstal publicly announces an intention to proceed with a takeover bid for the Company at a price of A$2.00 per share (any such takeover bid would be subject to conditions). The shares that may be issued to Severstal pursuant to the Subscription Rights Deed would represent approximately 9.1% of the fully diluted share capital of Berkeley (including the shares issued pursuant to the approximately A$4.8 million placement announced today (and referred to below), the shares issued as part of the placement fee, the approximately 16.3 million Severstal subscription shares and the currently outstanding options). Severstal's right to subscribe for shares in Berkeley will expire on 10 December 2010, unless it has announced an intention to proceed with such a takeover bid on or before that date. A summary of the key terms of the Subscription Rights Deed is contained in Annexure A to this announcement.

In the event that Severstal publicly announces a takeover bid for the Company at a price of A$2.00 per share, Berkeley's Directors would unanimously recommend that shareholders accept that offer, in the absence of a superior competing proposal.

An offer price of A$2.00 per share would represent a premium of approximately 40% to the volume weighted average price of Berkeley shares traded on the ASX in the three months from 29 July 2010 to 28 October 2010 (each date inclusive) of A$1.43.

At an exchange rate of 1.63 (being the exchange rate at the close of business in London on 28 October 2010) the offer price of A$2.00 per share would amount to an offer price of approximately ?1.23 per share.
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User
Posted on: Oct 4 2010, 04:20 PM


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Posts: 272

two million exec share options expired today ... the excise price being way above current sp!
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User
Posted on: Sep 24 2010, 11:53 AM


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Posts: 272

Market Cap of around $77mil with $16mill in bank and plenty of results to come b4 years end. Company mangement have said 900 boe by year end I predict more based on wells tested and %s held.
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User
Posted on: Jul 24 2010, 04:23 PM


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Posts: 272

The chart for SEA looking great! This report puts a value on SEA of triple what it is now!

http://www.saadvisory.com/update/archive/10july1.htm
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User
Posted on: Jul 16 2010, 02:05 PM


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Posts: 272

Technically a nice mover and chart looking good since 25 July. Fundamentally a lot of wells to be brought on if fracture works over the next month (see ASX release of today). Very low market cap imo for the ground and interests held, no debt and great management with a positive track record.
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User
Posted on: Apr 12 2010, 04:05 PM


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Posts: 272

Technically the next stops are $1.55 and then &1.80 and then it is 'blue sky' people. Fundamentally all looking good with new CEO Ian Stalker making some nice announcements lately. Of all the resource sectors U has been the laggard this last 9 months so if U does come back this is one of my picks. BKY is making me happy!
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User
Posted on: Jan 14 2010, 03:41 PM


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Posts: 272

Rivanda, if I remember correctly aj was saying a while ago play the share and not the man ... well I guess we all know aj's character now! AGS management has a fair wack of stock and are doing a damn good job in the circumstances if you ask me.
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User
Posted on: Jan 8 2010, 01:20 PM


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Posts: 272

rh, chart looking even better now! Today's especially ... Fundamentally a great stock although more a European held stock than an Aussie so not much interest here sadsmiley02.gif From http://www.news.com.au/adelaidenow/money/s...5015839,00.html

"Grand Private Equities once again ignored the blue-chip stocks to focus on smaller resources stocks, including uranium company Berkeley Resources for the second year in a row"

Please make me happy BKY
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User
Posted on: Jan 8 2010, 11:42 AM


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Posts: 272

for once I would tend to agree with you. It is confusing at best, negligent maybe and shameless at worst!
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User
Posted on: Dec 23 2009, 01:12 PM


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Posts: 272

Rivanda, I don't think aj is frustrated. AJ just makes some statements that are worthy of taking issue with. In terms of taking issue I am not having a go at trading skills, and I hope that is realised. Debate is what chat rooms excell at and the thrust and parry of why who said what helps educate us all.

I think aj has made few great calls such as picking up a turning point in early Dec. This was done, as far as I can tell, purely from a TA perspective of both the chart and sell and buy depth and was quite brillant actually.

The management of AGS are first rate imo. They hold a large slice of the company and are doing the best for the shareholers. I should point out that the history of the bankrucpty courts are full of company's with similar management lol!
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User
Posted on: Dec 23 2009, 11:56 AM


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Posts: 272

again with the questions!!! I think one Sigmund Freud would have a field day with you. AJ I hope you make a million I really do. You take some cheap shots, then you should hardly be suprised when someone picks up on it and calls you for it. Hey it a free and open forum and anyone is entitled to make statements that satisfy their emotional/psychological desires. In the interests of robust debate which you claim to love so much I think that other posters are entitled to question them.

The shareprice has dropped I fully admit that. No one has questioned your buying/selling/holding activities all. You may be right on your share price calls, you appear quite technically sound charting and depth wise. In terms of TA I think others could learn a lot of you, I certainly think I could. I will cede to you that you are a much better trader/investor than me, will that help?



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User
Posted on: Dec 23 2009, 04:21 AM


Group: Member
Posts: 272

rivanda, I wouldn't worry too much about aj statements as I am not sure fundamentals are part of the aj style, nor statements to be taken seriously as it is easier to make disparring statements than try to be even handed.

Didn't someone make a comment about playing the man and not the share ... I think aj is the subtle master. Asking if you were just ramping to get back to your $1 purchase price. Cheap shot yes but aj obviousy burnt badly in the past and would probably qualify as disenchanted embittered previous holder.

Rivanda you had better watch out or aj will ask you a question LOL.
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User
Posted on: Dec 11 2009, 07:29 PM


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Posts: 272

defor, it would be interesting but imo won't happen Cameco wouldn't want a bar of Blues Brothers! One of the things capping the share price is that everyone knows that AGS would never be a t/o target for other than Quasar/Heathgate/Blues.
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User
Posted on: Dec 8 2009, 03:09 PM


Group: Member
Posts: 272

aj, surely you are not suggesting that some people have insider knowledge and are getting set? How could this happen on the aussie stockmarket biggrin.gif !!

You may be correct. I find it personally interesting that while insider trading is frowned on and an illegal technically it is in one respect an important ingredient of charting. On so many occassions I find that the chart turns before a 'fundamental' announcement. It is one of the reasons I have decided that technical analysis usually shows up fundamental analysis. The number of times I have seen glowing statements by management but a poor chart followed by a capital raising is incredible.
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User
Posted on: Dec 5 2009, 01:06 PM


Group: Member
Posts: 272

joe, I have no beef with your investment style. We all have different ones and if it works for you use it. I agree in the end the only thing that matters is the sp. To that end, I find, that the chart usually tells more than the fundamentals that are spruiked. I think all investors have been burnt by bad management (I know I have) and so it is wise to discount all statements by them.

If I remember correctly you stated that you like robust debate. I raise what I feel are valid points regarding points that you assert as fundamentally correct when you appear to have no idea. You do appear to be making assertions that are a bit over the top. You appear very adept at asking others questions but don't answer any yourself regarding the accusations and assertions you make. I am not the one making assertions that can't or don't even attempt to back.

As for the Garrett sell off you refer to I have no idea. Never said I did or pretend that I have great inside knowledge I just do my due dilegence and back my own judgement.
  Forum: By Share Code

User
Posted on: Dec 5 2009, 01:18 AM


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Posts: 272

joe, you make some fairly serious accusations in some of your posts. Do you have any facts to back them up? Board and Management hold (as at last AGM report) 30% of stock. A little while ago I think you stated that if it goes sub 40 it is bye bye AGS ... now you are looking to get back in? Credibility is a wonderful thing
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User
Posted on: Nov 26 2009, 06:50 PM


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Posts: 272

the 7.9% shorts was for 25/11 for the 4 days prior to that the days shorts were .83%, .54%, .16% and 3.8%
  Forum: By Share Code

User
Posted on: Nov 26 2009, 04:13 PM


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Posts: 272

AJ I don't mean to get into a slanging match about this ... you were the one who stated the theory that there is a lot of shorts out there. There is nothing to support this, so I think that you are a bit rich in asking me for proof. As a rough average AGS has less than 1% of daily trade as shorts. I have no evidence either way. Do you?

In a previous post you stated that management was doing the wrong thing because the share price was going down. On other occassions you seem to be saying management is bad or some undertaking questionable practices. What I was stating was that I thought management was doing what it had to in the best interests of shareholders, the market didn't like uncertainty of it all but that is the market.
  Forum: By Share Code

User
Posted on: Nov 26 2009, 02:50 PM


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Posts: 272

AJ, the chart does indeed look ugly. It is indeed risky to buy against the chart but some of my most profitable buys have been made this way.

The actual sp and therefore the chart is much more important that fundamentals but shorting statistics for AGS show that minimium stock is shorted so I don't think that conspiracy theory is correct nor the deliberate shakeout ploy one.

Blow off either to the downside or upside are mostly TA events that describe human behaviour. Yes it happens but it is like the call that a stock's chart chart looks ugly and therefore monday's opening will be down. Might happen but might not ...

The ramping on the other chat room is no more than your "way undervalued call".

  Forum: By Share Code

User
Posted on: Nov 26 2009, 12:56 PM


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Posts: 272

thanks rivanda, your observations very welcome! I have thought long and hard but who knows how a court will decide if that is what it comes to. Still think management really didn't have many choices but to hold firm and not roll over.
  Forum: By Share Code

User
Posted on: Nov 25 2009, 02:30 PM


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Posts: 272

Thanks for the run down Aussie joe, Hardly suprising that the legal disputes not discussed much. Was there mention of AGS holding the lease or other reasons AGS feel there stance will be vindicated. Here is a link to Quasar's take on the dispute from a local Adeliade paper http://www.news.com.au/adelaidenow/story/0...5016955,00.html Nothing much in it of substance except that they say that they are acting in 'good faith'

There are things in AGS's favour but as the saying goes 'control is 9/10ths of the law'. I still think AGS is worth a punt at this price.
  Forum: By Share Code

User
Posted on: Nov 20 2009, 05:28 PM


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Posts: 272

aussie joe, I am not sure how you can say "Management doing there bit to the long term shareholders". Management is taking what I consider appropriate steps to protect shareholders. The market doesn't like uncertainty and that is reflected in the sp but the alternative of rolling over to Heathgate would be doing the wrong thing by shareholders. If I have misunderstood you can you please explain what you meant?
  Forum: By Share Code

User
Posted on: Oct 7 2009, 09:48 AM


Group: Member
Posts: 272

certainly good volume this morning supporting the 8% rise in price. Does anyone know when the next report (I assume it will be a quarterly) is due out?
  Forum: By Share Code

User
Posted on: Oct 3 2009, 05:57 AM


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Posts: 272

moosey. thanks a lot of people have forgotten about short selling and it is no longer the flavour of the month which is a pity. I note the article says naked short selliing is to be banned which I think is good. Although doesn't the reporting of covered shorts get done now? I am unsure if this is a change? I look up short positions for my holdings at https://www.asxonline.com/intradoc-cgi/idcp...;SortOrder=Desc
  Forum: Off Topic Chat

User
Posted on: Oct 1 2009, 09:23 AM


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Posts: 272

ASX announcement this morning that Institutional Placement heavily oversubscribed, looks like a bright future.
  Forum: By Share Code

User
Posted on: Sep 30 2009, 02:42 PM


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Posts: 272

The chart has looked good since about July this year. There seems to be a lot more upside than downside so I am holding. As you pointed out PPP's buyin at this 'late' stage bodes well for the Timor acerage. I am hoping they can crank Cambray up also by the end of this year.
  Forum: By Share Code

User
Posted on: Sep 15 2009, 08:17 AM


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veeone, thanks a great article on short selling! Some of the remedies mentioned towards the end are very interesting and I hope are adopted eg reinstatement of the up tick and shorters not being able to initiate trades. At one point to article quotes a few people to say that generally shorters make the market more efficient, while this may be true when shorters 'target' a stock by naked short selling the loss of confidence in the overall market is against the overall market purpose and efficency.
  Forum: Off Topic Chat

User
Posted on: Sep 9 2009, 10:17 AM


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blueice, I was hoping for $4.75 to show that the instos really want in!!!
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Posted on: Sep 4 2009, 05:12 AM


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watchmater, it would be prudent of the Aussies to give a nudge to one of the big two (BHP or RIO) to do a Chevron.
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Posted on: Jun 2 2009, 02:24 PM


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if the first episode is anything to go by ,,,, highly recommeded viewing!

  Forum: Investment Discussion

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Posted on: May 31 2009, 08:54 AM


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Last time I looked BKY was pretty tightly held mostly by euro instos. BKY recently increased its reserves with the approval and purchase of some rights is Spain. I noticed BKY hit a 12 month high during last week. The U sector is popular atm. Take your choice. I hold ....
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Posted on: May 29 2009, 03:28 PM


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nutech, Ask why were we shafted and where does Crosby fit into all this ?? The funny immoral thing is it has been mentioned that Crosby is going to write a book about the downfall of VCR! Doubtless he and his fellow fat execs will be blameless victims ...
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Posted on: May 26 2009, 03:31 PM


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blueice, what is your view on this outcome (33% increase)? I thought it was encouraging as I had heard expectations of between 40 to 50%.
  Forum: Macro Factors

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Posted on: May 21 2009, 06:03 PM


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BIG volume today including a cross trade of 13million at 27!

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Posted on: May 17 2009, 09:52 AM


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Extract from http://www.ibtimes.com/articles/20090515/s...n-tight_all.htm dated 15 May

Basically, there are three uranium mines in Australia. The first one is Ranger, which is owned by ERA, and it's in production. Ranger produces around 13.1 million pounds per annum and is 68%-owned by Rio Tinto.





Then we have the Beverly Mine, a U.S. company, which is an ISL (in situ leaching) operation. It is owned by Quasar and General Dynamics. Beverly's almost mined out, and that's where the Four Mile Project, owned by Alliance and Quasar, comes into play. Basically, Beverly's nearly done, so they need to go onto the next deposit, which is right next door. Four Mile is permitted and they're working to go into production by either the end of the year or early next year.





Olympic Dam, the largest copper-uranium deposit in the world, is owned by BHP. It has very unique iron ore copper, gold and uranium and produces around 4,000 tons per quarter.





So those three mines are the producers in Australia. Moving on to the next-nearest producers that I mentioned before are the Four Mile Project owned by Alliance and Quasar, which is near Beverly, and the Honeymoon Project owned by Uranium One. Both of these are slated for early 2010.

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Posted on: May 15 2009, 11:36 AM


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there was a bit to like about the report imo. Writedown of QLD assets not a worry as PDN have a lot of irons in the fire. Personally I am waiting for the final results of its jv with Cameco in Angela deposits NT. I am suprised PDN is still independent and not taken over yet.
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Posted on: May 1 2009, 10:58 AM


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congraduations to both Dianna and sabre for their call on this! I was sure the Chinese weren't the ones that would bid. The terms make it effectively a takeover. It will be interesting to see if any competing bids arrive ....
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Posted on: Apr 24 2009, 07:53 AM


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diana, I also think that investors will get on board at these prices. My reply wasn't to do with investors but sabre question "Does anyone think the Chinese may make a bid in these times of weakness?". I am don't think a bid will happen from the Chinese if a bid happens I would think it would come thru a trading house for the Japanese or Germans.

The chart is looking good for LYC and if we get a bit of good fundamental news to go with it the sp will go on a good run imo.
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Posted on: Apr 22 2009, 06:10 PM


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BKY got a speeding ticket today. What a joke! It has been in a good uptrend since late last year but nothing that can't be explained by the general market. I am not sure how I feel about the recent issue at 50cents. At the time 50 was at or just above market so it shows faith by the instos. BKY still tightly held by overseas interests. I hold 3 other uranium company's so hoping the sector takes off. China is apparently building 28 reactors.

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Posted on: Apr 22 2009, 02:18 PM


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sabre, I don't think so. The chinese have taken a stake in ARU and would appear to want to use ARU as their vehicle for REE. LYC has a half built plant in Malaysia and some offtake agreements already signed. ARU is a fresher slate for the chinese to play with, I feel.

Which is a shame as just before LYC's funding went belly up and ARU announced the chinese buying I moved my money from ARU to LYC. So it took a double wammy and lost on both!!!
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Posted on: Mar 23 2009, 10:03 AM


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my one other comment is thank god we don't have the same system of 'market makers' they do in the US. These people are another source of manipulation.
  Forum: Investment Discussion

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Posted on: Mar 23 2009, 10:02 AM


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NightStallker, thanks for that bloomberg article ... fascinating. I hope they ban 'naked shorts' they serve no purpose. Shorts in general do provide liquidity and add to ASX profits. All this crap about motivation to research and publish about failing company's is crap. If a company is failing let it go under without the manipulation of 'naked shorting'. There are plenty of derviates out there that can or could serve the sharks if they wish to bet that a share price will go down. They prefer to do it by shorts as it spreads the panic and fear and thus increases their profits. There is NO useful purpose for naked shorts!!!
  Forum: Investment Discussion

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Posted on: Feb 21 2009, 08:21 AM


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Flower, "China continues to play a canny hand--I know who I back to win!!! " ABSOLUTELY!!!! How smart is China.

At present China have a massive reserve of US$ and won't do anything that could sink the greenback until they have used them. The US don't mind that the money thrown at its economy will devalue the value of foreign holdings (chinese) of US reserves. Some chinese speakers have already said they are unhappy with the way the US is throwing money at their economy in an attempt to inflate their way out of trouble. Because of chinese holdings of US$ it is concluded by some that China won't let the US$ fall but that is only true in the shortterm.

Witness how both the US$ and gold are strong (a VERY unusual situation). There are number of reasons for this dual strenght not all connected with China but they are almost all shortterm!!

Why haven't China dumped its US$ reserves yet? Because it wants to maintain the value of the US$ until it has run down its reserves up to an acceptable level. We are already witnessing China starting to deplete its reserves. They are doing this by buying commodities and companies all over the world. They are buying with US$. The plays we are seeing in the likes of RIO are just a part of, and indicative of, what China is buying all over the world.

When China has depleted its reserves of US$ day it will no longer support the US$ and this combined with the Zimbabwee economics of the US will see the US$ fall. As the US$ starts to fall, commodities (especially gold) will skyrocket. China will have secured itself the critical commodity sources it needs to supply its economy for decades at very cheap prices.

Usual caveat: imho of course!!
  Forum: Investment Discussion

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Posted on: Feb 19 2009, 04:27 AM


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kalmsg, a lot less risk after yesterday's ann! In this climate ARU have done an exceptional job and cemeneted Chinese relationship and the Chinese are the kings of REE. Well done to management. ARU have put a floor under their share price. Good on those who have head through all of this .... they certainly have a bigger set than me!!!!

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Posted on: Feb 17 2009, 09:51 AM


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it just maybe that the note holders are very keen to raise cash and are open to a favourable deal.
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Posted on: Feb 16 2009, 10:55 AM


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flower, the most positive thing about the release was that instos brought after site inspections. I would imagine that after being disappointed by SBM before they would have been especially vigilant this time. Perhaps the excellent grades announced in the last quarterly are still coming out.

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Posted on: Feb 14 2009, 06:33 AM


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flower, according to today's AFR MacBanks stake was brought by a few insto rather than a corporate, I was SO hoping for a takeover!
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Posted on: Feb 13 2009, 04:34 PM


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Wanna, hope so $1 would make me your name relative!
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Posted on: Nov 24 2008, 04:16 AM


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In reply to: TerryA on Monday 24/11/08 04:00am

TerryA, I haven't taken up my RIs. I may have missed an opp but there is too much risk in ARU for my liking. The big risk is financing, for all the ann of this Chinese mob there is no money or real commitment. And ARU still has a lot of execution risk.
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Posted on: Nov 7 2008, 02:27 PM


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In reply to: macduffy on Friday 07/11/08 01:19pm

From my understanding if the new deal doesn't go ahead the old one does. So what is wrong with just accepting the old one, it is a good deal. Barring that a full takeover, Ansteel gets a long life, quality mine and a great price.
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Posted on: Nov 7 2008, 01:14 PM


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In reply to: User on Friday 07/11/08 01:02pm

I would prefer the new arrangement not to go ahead if 60cents is the terms. At this price by my calculations GBG is handing Ansteel around 42% of the company and effectively giving them control. As at the last annual report the top 20 held around 48%, so it would be a VERY bad deal at 60 cents.
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Posted on: Nov 7 2008, 01:02 PM


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In reply to: wendychen on Friday 07/11/08 01:00pm

wendy, if so I think that is disgusting of the board!!!
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Posted on: Oct 14 2008, 02:49 PM


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In reply to: uraniumbull on Tuesday 14/10/08 01:26pm

ub, thanks as usual you back your opinion with well reasoned facts!
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Posted on: Oct 14 2008, 08:37 AM


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In reply to: uraniumbull on Tuesday 14/10/08 12:31am

ub, I hold AGS and think they are very undervalued but profit of $700 AUD an oz can I asked if you got that figure from AGS documents because it seems very high. Thanks
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Posted on: Oct 7 2008, 11:22 AM


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In reply to: mercury on Tuesday 07/10/08 09:57am

yes my 65cents is looking decidely premature!! Another good announcement today re another customer.
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Posted on: Sep 30 2008, 11:12 AM


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I got in this mornings at 65 cents. I like that lyc is well placed, has all the finances and relevant EPA approvals. Its plant in Malaysia is underway and they have tax concessions the first years of production. Also its top 20 shareholding is impressive. This is also worth a read:

www.stockgumshoe.com/2008/09/buy-this-morning-breaking-chinas-monazite-metals-monopoly.html

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Posted on: Sep 16 2008, 06:27 PM


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In reply to: moosey on Tuesday 16/09/08 04:44pm

I sold out of VCR a long time ago so haven't been following and research patents etc. However didn't the settlement between VCR and HTW (which I strongly disagreed with) mean that either company can use the others future developments without threat of legal action? Would not this mean that any TETS developed by VCR could be used free of charge by HTW?
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Posted on: Aug 12 2008, 11:06 AM


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In reply to: grommit on Tuesday 12/08/08 01:49am

grommit, well you must be a lucky charm!! SEA made a cracker of an announcment this morning. Revenues up 57% and only from 6 wells and many more to come this year.
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Posted on: Jul 7 2008, 10:21 AM


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In reply to: grommit on Wednesday 25/06/08 01:09am

beginning takeoff!! Grommit there should be a lot of news this next six months.
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Posted on: Jul 6 2008, 12:27 PM


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In reply to: focus on Sunday 06/07/08 12:19pm

focus, I have been a FCpro user for some 10 years and fault it. It has a 'yahoo' community where you can ask and receive feedback from other users. It also has a community manual which outlines in depth how to use the program. The program costs a one off fee and has a free FCharts (it is less powerful than FCpro). I am not a TA fanatic but it does everything I need!! Simon is very approachable and communicative (I am not related). Anyone interested should go to spacejock.com and have a look at all the programs (most non share related) available.
  Forum: Investment Discussion

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Posted on: Jun 17 2008, 09:25 AM


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In reply to: lexus_sky on Tuesday 17/06/08 09:08am

lexus, i haven't seen an updated top 20 or directors holdings but as at the last annual report (mid last year) yes that is correct. Ed held approx 2.3% and Wise a smaller fraction. This is something I researched before I invested.

There are a lot of things and people that are used as saying the directors are doing to right thing, why wouldn't they try to? However, ego is a powerful thing and the business world is littered with poor shareholders whose wealth has been wasted/taken by directors buiding their ivory towers.
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Posted on: Jun 17 2008, 08:25 AM


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In reply to: flower on Monday 16/06/08 07:42pm

re "How you can take any notice of anything on Hotcopper is beyond me! Obviously nobody knows anything about Ed Eshuys, or his 30 year career in the gold industry."

Flower, Just like SS here I take all posts on HC to be biased but it is part of my DD. There are some good posts on HC and a lot of crap, it is similar here. You make the mistake of mistaking past glory for present perfomance!!! The actions of the management and directors speak for themselves. The fact that Ed has had some past glory doesn't disqualify him from bad ones now. In fact often business people are driven to distaster chasing past glory. Thus my statement re the decision being ego and not business. I have made my feelings known to the directors of SBM (not that they give a damn).

I don't know when the next big push on gold will start either. But you don't get ready for it by diluting shareholder wealth and disappointing results in the fashion SBM has done.

I hope SBM does come through this. I think unless there is outright fraud and deceit from the leadership it has good fundamentals. My reasons for this are that SBM have put out a lot of positive presentations of late and have a lot of big instos on the register (around 70%) so the company (and yes your precious Ed would be one of them) has to be fooling a lot of people and I assume the big boys have done their DD.
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Posted on: Jun 16 2008, 02:13 PM


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It has been pointed out on HC and I agree that the issue is poor leadership and management and the board should be held to account for diluting shareholder wealth rather than increasing it. At the price and timing of this issue it is more the case of the board wanting to increase the size of the company it is in charge of and make a name for themselves that way. I know both Wise (.39%) and Ed Eshuys (2.34%) have shareholdings as at last Annual Report but I do find there actions more ego that business driven.

I can't wait until my next vote!
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Posted on: Jun 14 2008, 12:55 PM


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In reply to: richo on Saturday 14/06/08 11:30am

re daily reckoning article --

“But for my money, the most interesting plays are “upstream” in pure lithium producers. And even though they are all in South America, there are at least three Australian companies worth having a closer look at.” --More on this story—and all the macro news that’s fit to challenge—next week.


Does anyone know the other two companies referred to?
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Posted on: Jun 11 2008, 06:53 PM


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In reply to: moosey on Monday 09/06/08 02:02pm

HTW wasn't supposed to be able to copy the original main patent easily!!. Prior to HTW using the patent VCR went on about how they would strongly defend the patent. Then when HTW copied it they just rolled over. It was one of the main reasons I got out of VCR.

Anyone can copy any patent the remedy for the injured party is to sue. HTW blatantly claimed the "safe harbour" provisions ie they werent coping the patent for commercial reason which was so obviously false. If VCR was not willing to take on a minnow like HTW imagine what they are going to do to these new patents if one of the big boys copies them.

I hope VCR do well but management is crap imho.
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Posted on: Jun 4 2008, 03:16 PM


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In reply to: ydoidoit on Wednesday 04/06/08 02:05pm

Could it be to do with the rerating? Insider trading if it is! In a presentation only last week SBM appeared to stick to the forecasts of increases. Nor have there been any substantial notices filed for changes to the top shareholders. Time will tell. Thank heavens I have GBG as well as SBM!!
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Posted on: Jun 4 2008, 12:32 PM


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In reply to: neuchatel on Wednesday 04/06/08 12:22pm

you can't fight the market!! I have been calling a bottom for SBM at 61 cents and this is well blown now. SBM has plenty of cash $84 million as at march and a very tight shareholding. The top 5 shareholders have over 30% and the top 20 almost 70%.

Some call it hold and hope others that fundamentals will finally win through. Go figure .....
The last Annual Report did say a revised resource report this month lets wait and see.
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Posted on: May 28 2008, 06:34 PM


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In reply to: zenith on Wednesday 28/05/08 05:13pm

just to back ricky you are not alone but I have been disappointed by COI and am afraid to post as I have said all the good side of this company but nothing has come as yet!
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Posted on: Apr 17 2008, 11:21 AM


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In reply to: grommit on Thursday 17/04/08 09:47am

cashed up and waitng for take off as plenty of drilling this year. The opes overhang is still a worry or an opportuntiy depending upon which way you look at it. graduated.gif
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Posted on: Apr 7 2008, 10:12 AM


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In reply to: BigBulls on Monday 07/04/08 10:00am

BB, thanks also!!!!!!!!!!!!!!
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Posted on: Apr 5 2008, 02:48 PM


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In reply to: Petert20 on Saturday 05/04/08 02:01pm

Much appreciated Peter, the wife was starting to panic!!!!
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Posted on: Apr 5 2008, 12:41 PM


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Has anyone received a reminder about paying their final instalment on T3? I know the final instalment is due on 29 May but aren't Telstra supposed to send out reminders?
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Posted on: Apr 2 2008, 04:26 AM


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In reply to: chelle on Tuesday 01/04/08 09:18pm

it very much explains the dumping of certain stocks at low levels in the last few weeks.
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Posted on: Jan 18 2008, 10:25 AM


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In reply to: macduffy on Friday 21/12/07 03:01pm

mac, I hope you were tempted today best buying I have seen in a while. It is well funded and has a great shareholding.
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Posted on: Jan 7 2008, 12:58 PM


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In reply to: denpal on Monday 07/01/08 11:19am

Denpal, yes good news but the part that caught my eye as

"In early 2008, Arafura will commence the pilot plant test work on a representative bulk sample of Nolans mineralisation. The trial pit has been completed and the heavy media separation test work is due to commence in January 2008 before shipping concentrated material to the ANSTO Lucas Heights facility where the pilot plant is located. The definitive feasibility study for the project will commence at the completion of the pilot plant test work. "

if and when their pilot plant results come out and the figures are anywhere near what ANSTO have projected this will fly as instos and jvs line up!!! Until these results any upside is capped imo.
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Posted on: Dec 14 2007, 09:22 AM


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COI has a way to go before I break even but the last few weeks have encouraged me. I watched to pod cast of the AGM and was impressed with AL and the last few days have seen the sp creep up. It would appear to have formed a bottom at least!!!
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Posted on: Dec 7 2007, 08:51 AM


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In reply to: uraniumbull on Friday 07/12/07 07:23am

What I don't get is the market cap when compared to the PF. The PF gave Nolans a NPV of $1.1 billion. Many people are skeptical of the assumptions and workings of the PF. However ARU has other assets in gold and Jevios (jointed venture with BHP) as well as Nolans and its market cap is only around $140million.

Even if the PF is reduced further due to some assumptions and only nominal value assigned to its other assets ARU has a lot of upside potential just on what is known today.

There are three things that I like about ARU. One is that ANSTO has been involved and is sticking by recovery. Also lately some serious players (JP Morgan and Merryl Lynch) have appeared on the register. Finally, BHP becoming a joint venture partner, while they are not jv for the REE I believe BHP is looking at ARU as a serious play and this could be the start of a wider relationship.
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Posted on: Nov 27 2007, 02:36 PM


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Sarllo and krumbs, thanks I will try to get my head around this over the next few days. If I paraphrase what I think you are saying it is as follows. The recovery rate is a mixture of both the minerology and the processes used. Each REE is in a different earth mixture. This is consistent with what I have read so far and explains why the $ value of REE 'basket' from Nolans is different to the $value given by LYC for Mt Weld. It follows that each recovery process is unique to that REE basket mixture.

Reading between the lines though and also from what I have read of ANSTO's involvement with ARU, process improvements could in some cases be adapted from one earth mixture to another. So that processes newly developed by ARU/ANSTO could at least be analysed by other miners. This leads me to hope that ARU/ANSTO are slapping patents (if possible) on the processes they develop!!!
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Posted on: Nov 27 2007, 10:56 AM


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In reply to: RADIO on Tuesday 27/11/07 09:03am

Has anyone listened to the presentation by the MD given at the AGM? It is mentioned below.

I have one question after listening to it. My question is regarding 'recovery rates', perhaps someone with good metalurgy knowledge could enlighten me. The MD says Nolans has the best recovery rate known and as a contrast China while extracting and processing most of the world's RE has a low 'recovery rate'.

Is the 'recovery rate' due to the processes used or due to the nature and mix of the ore as extracted?

I feel the question is important. If the 'recovery rate' is due to the nature and mix of the ore at Nolans, then that is specifically benefical to ARU. However if the 'recovery rate' is due to the processes used then I am assuming that all producers will over time adopt 'world's best practice' and that is not specicially benefical to Nolans. Any help would be appreciated.
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Posted on: Nov 4 2007, 04:29 AM


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I just sat down to read the annual report and fill out my votes on the Resolutions for the agm. I don't feel inclinded to give the bas****ds to many yes votes especially for pay rises and reward plans. Any ideas on how others will vote?
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Poll: Uranium
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Posted on: Oct 27 2007, 01:08 PM


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In reply to: romaioi on Saturday 27/10/07 11:51am

The US business program 'Nightly Business News' (shown on SBS) said on today's program that they are running a piece on the resurgent Uranium industry on their program next week. The weekly Market Monitor also made a couple of bullish comments re uranium. The two U stocks I hold are AGS and BKY.
  Forum: Macro Factors

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Posted on: Oct 25 2007, 09:19 AM


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In reply to: veeone on Wednesday 24/10/07 09:08am

I don't hold VCR at the moment but held for long time and I find that statement by the Chair an insult. I remember back to the days when VCR/MMD went from around 80 cents to over $3. Back then all the Chair could speak about was the share price. Quotes that spring to mind and were thrown at shareholders were something: like best performing stock in its peer group; and shareholders to get a little pot of gold. All this while the board was making issues that the directors urged shareholders to take up but didn't participate in themselves.

Good luck to all holders as I think VCR has a real future and a great Aussie device but the above part of the address really riles me!!!
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Posted on: Oct 17 2007, 09:41 AM


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In reply to: Krumbs on Wednesday 17/10/07 09:14am

Hi Krumbs, I too have my doubts but as for "how was the demonstration plant justified? On technical grounds alone? How did the Board justify the commitment of shareholders funds to it without proper DD?". I think the board have been pretty cautious and deliberate about this. ANSTO has been involved and recommended the processes to be used. This facet of the process is looking better than the others. U
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Posted on: Oct 12 2007, 06:38 PM


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In reply to: wllmtrish on Friday 12/10/07 04:36pm

wllmtrish, I agree with wallwave. Well done and thanks for sharing!
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Posted on: Oct 8 2007, 06:04 PM


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In reply to: ferdie on Monday 08/10/07 04:11pm

Good prospect in my opinion. Cashed up, with plenty of instos on the register and good acerage. It has not even made it back to the recent issue price yet. Funny trading days though. Big moves on little volume and then good builds on good volume. If I remember correctly it has been down 9 cents on a few hundred shares last week and before that rises of a few cents on bigger volume, then a spike up of around 10 cents in a week on good voulme.
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Posted on: Sep 6 2007, 10:13 AM


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In reply to: macrae on Thursday 12/07/07 09:21pm

Hi macrae, well I got in a few weeks ago @ $1.22 so you can update to me! I was going to wait until they had proved up their resesves some more but @ $1.22 couldn't resist. They had recently done a raising @ $1.87 (I think) and this was gobbled up. As well a few instos have been increasing their shareholdings of late. The downside was that Spain appear anti nuclear.

The announcement this morning of a new find in Spain was a pleasant suprise. They appear cashed up and well connected. I hope I picked a winner (I need it).

signed

a tech wreck survivor (just)
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Posted on: Aug 17 2007, 10:20 AM


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In reply to: wmd on Tuesday 31/07/07 10:28pm

wmd, I was lucky enough to pick up some of these at 93 cents yesterday. I reckon Gindalbie Metals Ltd has a goer in its Karara Iron Ore Project in Western Australia .
The recent shakeout astounded me. The deal with AnSteel (China's second largest steel producer) is a beauty.
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Posted on: Jul 17 2007, 06:18 PM


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In reply to: savtin on Tuesday 17/07/07 04:28pm

Savtin, I have to agree re the way management treats shareholders. While i think VCR are doing the best job they can in terms of practical decisions, in terms of communication they can't take all the praise and money when things are good and shut up shop when things are bad. I was a long term shareholder of VCR but sold out a few years ago after getting disillusioned.

In terms of shareholders communication I mean the following:
When first becoming a shareholder management went out of their way to communicate with shareholders, at a meeting I attended they handed around the Ventrasist and told us to ring them anytime. Who can forget (certainly not me) the "pot of gold" statement by the chairman at one yearly shareholder meeting. Now when things are not going their way they don't communicate and infer things rather than straight out say them (eg the Heartware dispute was at first denied saying how strongly VCR would protect intellectual property); then management indicated that a negoitated settlement might be the best they could do. Now when deadlines are missed they put out obscure releases saying how more hospitals are coming on board.

VCR management have been anything but consistent and this is a worry.
  Forum: By Share Code

User
Posted on: Jul 17 2007, 03:34 PM


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Posts: 272

In reply to: User on Saturday 14/07/07 11:59am

another two cent rise and I am going to call this a buy!!!!
  Forum: By Share Code

User
Posted on: Jul 14 2007, 11:59 AM


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Posts: 272

is this share permanently in a trading range and slowly going down? or does the recent pick up in volume and floor price twice respected (late March and late June) imply we might see a pick up. Either way there is not going to be any substantial movement until one of their US acreages shows a find imo!! Oh frustration ... thy name is Comet Ridge!
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User
Posted on: Jul 2 2007, 12:28 PM


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Posts: 272

In reply to: Indoman on Sunday 10/06/07 12:03pm

Hi Indo, I think oilers exited expecting to reenter after yearend tax selling. This share is so frustrating!!! there have been at least 3 times when I have thought it was about to take off (including today when it is up 12%) only to be disappointed. It appears as if COI's proof of concept is proving a little bit harder to prove than they thougth. Given their acerages and data I am still holding at my breakeven level.
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User
Posted on: Apr 21 2007, 11:30 AM


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Posts: 272

In reply to: zipper on Saturday 21/04/07 12:02am

ox and zipper, very interesting outcomes and very possible. As the release is up to Quasar they could be dealing with the SA Govt direct thus AGS not breaking any disclosure regulations. Certainly Quasar having other jvs eg GIR will want as much leverage as possible. Could be an explosive month ahead imho.
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User
Posted on: Mar 6 2007, 12:38 PM


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Posts: 272

To UB and everyone, thanks and to think I spent 3 years at university when I could have just come here!!
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User
Posted on: Mar 6 2007, 09:10 AM


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Posts: 272

In reply to: uraniumbull on Tuesday 06/03/07 09:02am

UB, Showing my ignorance here but what does "PACE" stand for?
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User
Posted on: Feb 13 2007, 05:42 PM


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Posts: 272

The one thing in the announcement that did not make sense to me was the "patent" of the protocol. I don't think VCR can do that or at least enforce it! I remember very early on VCR applied for and were awarded a "patent" for transmission and analysis of devices over wires. This basically meant a patient could hook up to a telephone line and a doctor could get a print out on the other end to see how things were going. VCR trumpted this as ground breaking and claimed it put them far out in front as it allowed better monitoring. I don't think VCR ever enforced this, I stand to be corrected. On that patent Huntley's said it was probably not enforceable. I think any other bio tech using the protocol worked out between VCR adn the FDA would be able to claim "safe haven" use at the very least. I like VCR and have held in the past but i think this is not a valid patent or enforceable. I thought the dispute with Heartware was totally enforceable. I don't hold VCR at the moment.
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User
Posted on: Feb 9 2007, 11:50 AM


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In reply to: uraniumbull on Friday 09/02/07 11:42am

thanks UB much appreciated!!
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User
Posted on: Feb 9 2007, 11:10 AM


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Posts: 272

In reply to: uraniumbull on Friday 09/02/07 10:50am

Hi, i hold AGS but must confess to being confused re the announcement. I would ask if UB or anyone else can help educate me in regards to the statement "the best uranium discovery in Australia since 1985 and has the potential to emerge as a world-class uranium deposit."

What are the other deposits discovered since 1985, to me if we know the size and grade of these I can get a handle on AGS's claim.

And basically what other 'world class deposits' would AGS be indicating it is equal to. Likewise this would give me (and maybe others) a handle for comparision.

Thanks in advance. User
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User
Posted on: Jan 21 2007, 06:14 PM


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fundamentally still a bit to prove for COI. Technically looking good since the start of the year both price and volume increasing.
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User
Posted on: Nov 20 2006, 10:15 AM


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Posts: 272

In reply to: plainsailing on Monday 20/11/06 08:47am

Plainsailing, that is not correct. Employees, directors and others (eg consultants or contractors) associated with companies often sign agreements that they will not reveal information (including commenting on things done illegally or legally). Having followed Norm's comments over a period he is not a hot head, passionate yes but pretty rational. The fact is the board hasn't performed as promised, whether you believe this is due to it or circumstances outside its control is another thing. I have no view to express on how to vote at the agm but many here put the view that that would never result in any directors being dismissed without such a bad record that the company has gone broke! Others who post opposite views to Norm I have also found of tremendous clarity and education. Robust debate is healthy but you infer Norm is not commenting for mischevious reasons and I don't believe this is so.
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User
Posted on: Nov 16 2006, 02:45 PM


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In reply to: eaglemania on Wednesday 18/10/06 10:32pm

up 20% on great volume!! And a couple of ASX ann.
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User
Posted on: Oct 28 2006, 11:33 AM


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Posts: 272

In reply to: philr on Friday 27/10/06 09:40pm

Same here! I am withy Comsuc, checked this morning and not there.
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User
Posted on: Oct 26 2006, 03:48 PM


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Posts: 272

In reply to: Opeth on Thursday 20/04/06 07:20pm

Wages bill was more than revenue!!
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User
Posted on: Oct 26 2006, 02:36 PM


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Posts: 272

In reply to: AJ007 on Thursday 26/10/06 02:26pm

AJ, according to many the market hasn't properly valued a lot of things in COI but that is the nature of the market. CSG has been mentioned as the next big thing. I know the bloke who issue Oil and Gas Weekly says COI is hugely undervalued. I think they have four exploration results out before Dec (please anyone correct me if i am wrong) so either up or down the sp will move in the next few months. As I hold i am hoping up!!
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User
Posted on: Oct 20 2006, 06:27 PM


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Posts: 272

In reply to: woddonnee on Friday 20/10/06 06:22pm

Tuxen, if the company does the right thing they will "reallocate" the entitlements not taken up to the shareholders who had their cheques go missing. They certainly have the power to do this under the prospectus, so yes kicking up a stink should help.
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User
Posted on: Oct 20 2006, 06:17 PM


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Posts: 272

There has been a lot of discussion elsewhere that cheques for the 1:18 entitlement for AGS have not been presented. If this has happened to anyone they should complain as soon as they can. I read this on another board "My cheque is unpresented also. I would suggest anyone whose cheque is not presented contact the company just to put it on record. If in the next week this is not resolved I would strongly suggest that you contact the ASX. There could be someone playing "funny buggers" but if not enough shareholders complain to the ASX it will just appear a "one off" and not the company's responsibility. "

Remember all entitlements not taken up are given at the direction of directors (according to the prospectus) to whoever the directors want to.
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User
Posted on: Oct 18 2006, 07:01 AM


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Posts: 272

In reply to: User on Tuesday 05/09/06 06:59pm

I think that I am talking to myself but can't help saying MPI has had a very good week! cool.gif According to theannual report released last week, excellent results ahead. This company is selling at a low multiple to its sales and potential earnings. No doubt this is due to its dissapointments of a few years ago, however, these appear WELL and truly behind them. I hold.
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User
Posted on: Oct 9 2006, 02:38 PM


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Posts: 272

In reply to: remlif on Monday 09/10/06 12:05pm

remlif, in the US and UK the big telcos have started to identify ISP voice traffic and make sure data sent by the telco is given preference in delivery. This can and has been shown to result in VOIP being of vastly inferior quality and reliability to the big telcos voice telephony. The telcos have technology which enables them to look inside 'packets'.
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User
Posted on: Oct 9 2006, 11:07 AM


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Posts: 272

In reply to: marty117 on Monday 09/10/06 09:59am

Marty, would tend to agree. I don't hold FRE atm. Invested a while ago and got out with a good profit but could have made a lot more devilsmiley.gif . I like their business model and if it takes off it will be big. I got stopped out and read some tricks the big telcos had for players such as FRE so abandoned ship. Good Luck.
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User
Posted on: Sep 8 2006, 07:07 AM


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In reply to: alkimos on Thursday 07/09/06 08:46pm

the latest results foreshadow the need for another capital raising. I was looking at getting back in at say 9cents but the statement scared me off!!
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User
Posted on: Sep 5 2006, 06:59 PM


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Posts: 272

MPI released its results today. I think they were great and very promising for the future. NPAT up from $152k to $796k on revenue increase of around 20%. On a market cap of around $15m this is a very good result imho. The sp also up 20% today but volume not that impressive.
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User
Posted on: Aug 27 2006, 11:57 AM


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Posts: 272

In reply to: Indoman on Sunday 27/08/06 08:57am

Thankyou Indoman, very enlightenign! I especially like to part about the early bull market in CBM! COI have 4 potential good prospects. It will be interesting to see the results of the drill on the weekend.
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User
Posted on: Aug 25 2006, 06:59 AM


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Posts: 272

In reply to: john constantine on Thursday 24/08/06 06:29pm

Thanks John, Having read the reports from the company I like how consistent they are. Technically the company has found support at around 30cents. Huntley's gave an analysis of the type of assets held by COI in respect of another stock and said while they don't have the volitile nature of pure oil plays they are a lot more reliable albeit they take time. I have done some reseach but don't have your skills in regard to operations.
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User
Posted on: Aug 22 2006, 02:45 PM


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Posts: 272

In reply to: zac12 on Monday 21/08/06 09:20am

I hold IBR, I like the projections of ounces of gold from Lichkvaz and the fact management has been willing to take a hard decision in biting the bullet on the Marjan project. But most of all I like how consistent the reports have been both from the company but also from independents who have visited the site!
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User
Posted on: Aug 4 2006, 06:02 PM


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Posts: 272

only risk is execution imo and from reports of those who have visited their armenia site this is going well. I think the market may be factoring in soverign risk but I dont' think that is a big factor. Director buying on market recently was nice. One of the cheapest gold stocks on the ASX given the ounces and production costs. I have been in for a while but brought a few cents higher than todays close so here is hoping!
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User
Posted on: Jul 25 2006, 11:03 AM


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Posts: 272

good move on volume today but needs to break about 41cents for mine!
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User
Posted on: Jul 20 2006, 07:01 AM


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Posts: 272

In reply to: jediknight on Thursday 20/07/06 06:47am

jdk, in one sense the report waw excellent. Heathgate are the only real candidate for a take over of AGS. They would like to get it as cheaply as possible, therefore they will keep any announcements AGS can use as low key as possible. I agree uranium is the place to be and AGS one of the must haves.
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User
Posted on: Jul 12 2006, 04:01 PM


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Posts: 272

Still like this one, last company report shows:

4 “company maker” projects
9 wells planned for 2006

Top 5 shareholders Holder %
Strike Oil 8.9
ANZ Nominees 6.4
Gill Swaby 3.8
JP Morgan Nominees 3.5
S&Y Ashton 3.4
Total 25.9

Market Cap of $23 million
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User
Posted on: Jun 27 2006, 05:57 PM


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Posts: 272

I have heard IBR is about to conduct on site investor tours of their number one site. You don't do this unless you are pretty confident.
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User
Posted on: Jun 23 2006, 06:51 AM


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Posts: 272

In reply to: jocam9 on Thursday 22/06/06 03:37pm

Good as this is a great publication. Well worth the way all the information is put together.
  Forum: Investment Discussion

User
Posted on: Jun 16 2006, 06:36 AM


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Posts: 272

interesting share price technical moves over the last week without any fundaments or announcements. Appears to have broken near term resistance but needs to go through 12 cents for longer term. Worth watching (I hold).
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User
Posted on: Jun 14 2006, 06:44 AM


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Posts: 272

Has anyone heard anything re the mooted takeover? Is it off or is there no news? I haven't heard anything.
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User
Posted on: Jun 8 2006, 06:36 PM


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Posts: 272

In reply to: Brierley on Monday 29/05/06 08:31pm

up 8% today a day that saw red everywhere! From a point and figure chart view impressive but lacks volume to be a day where insiders are getting set (todays volume about a third of MAvol). Still i like the assets COI building for Coal Seam Gas.
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User
Posted on: May 30 2006, 12:55 PM


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Posts: 272

In reply to: filament on Tuesday 30/05/06 10:03am

Is "Dr" Wise still in control? Should be in jail for the way he has suckered shareholders!
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User
Posted on: May 23 2006, 06:59 PM


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Posts: 272

In reply to: mick65 on Friday 12/05/06 01:58pm

Picked up some yesterday! Like this one good acreages and experienced management. Researched it a few weeks ago and put in an order but the market jumped on me, so the pullback has been kind.
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User
Posted on: May 18 2006, 06:08 PM


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Posts: 272

In reply to: uraniumbull on Thursday 18/05/06 05:50pm

UB, re "Results in the lab Jorc Report Coming" when is the best guesstimate for this? As I feel a favourable report could really put a rocket under the sp!
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User
Posted on: May 15 2006, 07:57 PM


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Posts: 272

In reply to: savtin on Monday 15/05/06 04:28pm

Technically a very good finish indeed!!
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User
Posted on: May 15 2006, 03:39 PM


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Posts: 272

In reply to: ervina on Monday 15/05/06 11:02am

The announcement today was impressive if lacking a little credibility. It would perhaps explain the rapid advance of the last 10days. That is if anyone had advance knowledge of it .... grrr.gif
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User
Posted on: May 12 2006, 12:07 PM


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Posts: 272

In reply to: kalmsg on Friday 12/05/06 11:37am

Kalmsg, if i remember correctly gold is the first report. But I am not sure when to expect the results. Any ideas?
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User
Posted on: May 12 2006, 11:06 AM


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Posts: 272

In reply to: mangrove on Thursday 11/05/06 10:24pm

Mangrove, whatever it is it is VERY impressive. i find it hard to believe it is some new fundamental reason as the company got a speeding ticket and stated they knew of no reason (as we all know company's wouldn't do that sort of thing ..lol). I just think overseas is impressed with, it assets, the indian story, management and market cap. As I have stated I sold out and missed the latest gains but as they say you can't go broke making a profit (but if there is a way to do this I am sure i will find it!!!!). Good luck to all holders. puke.gif
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User
Posted on: May 8 2006, 09:00 PM


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Posts: 272

In reply to: mercury on Monday 08/05/06 01:21pm

Ahh Mercury re "the directors not taking up the 225 placement was a signal to you to do the same" VCR only announced the directors did not take up their rights at $2.25 AFTER the issue had closed and small shareholders had subscribed!!! And the excuse they gave was very ordinary.
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User
Posted on: May 8 2006, 01:12 PM


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Posts: 272

In reply to: mercury on Monday 08/05/06 11:44am

Dear Mercury, What I think this poster and many like them as p****ed about is the promises VCR has made and failed to live up to, and the fact it sold to us shares at substantially higher prices when the management and board did not take up those shares themselves (aka the issue at $2.25). A prospectus is one thing and everyone who invests knows the risks of all stocks but being mislead (I have heard it put as a lot worse) by the company makes small shareholders not in the loop very disgruntled. I hope VCR goes up in sp in a big way, it has a good product but poor management. I think ONE DAY and many others are expressing valid concerns and frustrations.
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User
Posted on: May 5 2006, 02:48 PM


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Posts: 272

In reply to: sierra on Friday 05/05/06 10:25am

Thanks sierra, i am going to examine those rules to see if VCR can reprice those shares they sold me at $2.25 a couple of years ago! graduated.gif
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User
Posted on: May 5 2006, 11:29 AM


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Posts: 272

In reply to: diana on Friday 05/05/06 10:24am

Diana, you might not be mumbling away on your own, but of the two of us YOU are the only one making money out of OEX right now!! grrr.gif
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User
Posted on: May 5 2006, 10:12 AM


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Posts: 272

In reply to: diana on Friday 05/05/06 09:32am

OEX is holding up remarkably well considering dip in oil price. Should at least hold until either june or another announcement. sad.gif
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User
Posted on: May 3 2006, 04:05 PM


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Posts: 272

In reply to: Krumbs on Wednesday 03/05/06 02:48pm

Thanks Krumbs, I keep saying, I am not upset with myself ..... I am really not! I am not upset with myself ..... I am really not. I am not upset with myself ..... I am really not. I am not upset with myself ..... I am really not. I am not upset with myself ..... I am really not. I am not upset with myself ..... I am really not. I am not upset with myself ..... I am really not. I am not upset with myself ..... I am really not. If I keep saying this enough i will believe it. LOL

Judging by the volume today something is a foot. I didn't think OEX had much upside in hte short term and thought I smelled a capital raising coming up. They had released 3 good updates in quick succession then an investor update. Also the company last did a capital raising at around $1 a while ago and then promptly fell disasterously! All the activity is scheduled for June and while in a good area is not guaranteed so I thought get out with a nice profit!

Anyway back to the foetal position ..... I am not upset with myself ..... I am really not ... I am not upset with myself ..... I am really not.
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User
Posted on: May 3 2006, 12:30 PM


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Posts: 272

In reply to: diana on Wednesday 03/05/06 12:00pm

Diana, What a great run this moring at $1.10 as i sit here and ....... good luck to you. I sold out yesterday @.96 mad.gif . I must be the worst timer in ASX history! I still like the story and the market cap but it had run a bit hard for me and was limping around the mid 90s so I made the decision. Oh well at least with the money I can buy a packet of razor blades.
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User
Posted on: Apr 29 2006, 02:29 PM


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Posts: 272

IBR has had three big things go in its favour in the last 2 days. One the ASX activities report confirming the start of production shortly and the cost of production is cheap!. Two ASX cash report showing $9m on hand. And Three the leap in hte gold price. Certainly one to watch next week.
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User
Posted on: Apr 27 2006, 06:44 PM


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Posts: 272

another ASX release at 2.52pm today. Just activties and cash flow but reads very well and the shares soared (1 cents) LOL after. I think I am talking to myself on this thread, OEX has run a bit hard but you have got to love their results so far.
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User
Posted on: Apr 25 2006, 06:13 AM


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Posts: 272

In reply to: lancelots on Monday 24/04/06 07:11pm

and great news in its talks with Bosch. A recent analysts report valued PBB at $3.80!
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User
Posted on: Apr 22 2006, 09:06 AM


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Posts: 272

In reply to: drrc on Saturday 22/04/06 08:55am

Interesting ariticle on the backpage of the weekend AFR about the Optus et al band. I think given the statements by Coonan TLS will build the FTTN alone and have some monopoly characteristics. The media show (instead of a firm costed proposal to ACCC or Gov't) by Optus etc is just that a show to put press on TLS in its negotiations with the ACCC and the Gov't.
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User
Posted on: Apr 21 2006, 03:39 PM


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Posts: 272

In reply to: diana on Friday 21/04/06 12:38pm

and a investor presentation/update. Now there has been 3 good announcements and a presentation it would appear so more news is on the way. OEX has really concentrated on its India prospects and appears pretty sure of them.
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User
Posted on: Apr 21 2006, 12:23 PM


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Posts: 272

At last a good announcement in business hours!!
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User
Posted on: Apr 18 2006, 07:48 PM


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Posts: 272

In reply to: User on Tuesday 11/04/06 02:27pm

Another good announcement at 4.23pm today. Can't figure out why they leave it till the market is closed to release these good statements. OEX is sure going into india in a big way, I guess it has hte contacts so figures it may as well use them!!
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User
Posted on: Apr 11 2006, 02:27 PM


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Posts: 272

In reply to: diana on Tuesday 11/04/06 08:33am

OEX is on hte rise, considering its market cap and the prospective fields it holds interests in I still think it is undervalued. This year could be one of the big movers.
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User
Posted on: Apr 4 2006, 06:56 PM


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Posts: 272

In reply to: sommers on Tuesday 04/04/06 06:12pm

Sommers, quite an incitful post and yes you are correct. I bailed out of VCR at $1.40 after I lost faith in management. All i wanted was for them to address the issues and tell shareholders instead of producing same old motherhood statements.
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User
Posted on: Apr 3 2006, 07:03 AM


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Posts: 272

In reply to: vegemite on Monday 03/04/06 06:48am

Hi Vege. "The block comprises numerous potential oil bearing structures and un-risked oil reserves in place are in excess of four billion barrels." never heard of unrisked before? I know the whole bay is productive but.
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User
Posted on: Mar 31 2006, 06:49 PM


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Posts: 272

Another nice annoucement late today! Beats me though why release a good ASX late on Friday arvo. This could be one the big gainers for 2006 based upon its activity in Cambay fields. Management knowledge and in the loop for Indian activity.
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User
Posted on: Mar 30 2006, 03:15 PM


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Posts: 272

In reply to: sierra on Thursday 30/03/06 02:12pm

Hi Sierra, your quote brings up one aspect of VCR's management that I find very suspect. VCR settled the patent dispute with HTW. Besides motherhood statements about getting on with the job VCR has not once directly addressed the need for this or the position it has put them in. Rather it covers itself by statements like competitors products being "superior, easier to implant, more convenient for patients and/or less expensive than the Company’s products" (emphasis added) and "The Company may successfully conclude its clinical trials and obtain regulatory approval but may fail to compete against these competitors or alternative" this can lead one to ask the question if the directors/management shafted investors by accepting a settlement. Despite repeated requests from VCR re this I received NOTHING!!!

I would be interested to hear if anyone else asked and perhaps got an explanation from VCR.
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User
Posted on: Mar 29 2006, 11:58 AM


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Posts: 272

In reply to: zac12 on Wednesday 29/03/06 09:17am

Certainly looked good for a few days now!
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User
Posted on: Mar 22 2006, 02:17 PM


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Posts: 272

In reply to: casaremo on Wednesday 22/03/06 11:05am

yes nice move indeed 9% and if as I suspect the news is good on the Indian front, hold on to your horses!! Chart has looked good since early Jan 06.
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User
Posted on: Mar 20 2006, 01:44 PM


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Posts: 272

In reply to: Vyking on Sunday 19/03/06 05:45pm

Vyking, yes exactly. They use words very cunningly. Add to this the risk (m) disclosed by sierra below and there has to be a question about this company as an investment. It would be terribly easy for the directors to come out with a statement that they are going to "exercise" that is pay the issue price for their entitlements.
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User
Posted on: Mar 19 2006, 02:07 PM


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Posts: 272

In reply to: kalmsg on Saturday 18/03/06 08:22pm

Klamsg, certainly a well diversified company holding some very interesting tenemenants! Having done some (but not enough) research it seems the story just keeps getting better in that ARU have upgraded their reserves almost every time they have looked at them.
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User
Posted on: Mar 16 2006, 05:51 AM


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Posts: 272

nice move on sp yesterday but a bit unconvincing as no volume. Still one worth watching. I like the indian story.
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User
Posted on: Mar 13 2006, 04:29 PM


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Posts: 272

VCR released disclosure document (including risks) of rights issue at 4.58pm today. I don't like the release of ASX statements that are potentially bad after the market has closed. It smells of a company trying to avoid scrutiny. User
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User
Posted on: Mar 12 2006, 11:46 AM


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Posts: 272

In reply to: casaremo on Wednesday 08/03/06 05:48pm

Casaremo, and the announcement wasn't good!! However the stock bounced back pretty well after it. I like the fundamental story especially the indian story. Technically the chart looks very good the A/D line on a very up trend. As larne said OEX has the potential to e very big. I would add that its financials and sound so it have the ability to get very big too!! April should be an interesting month.
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User
Posted on: Mar 10 2006, 07:10 PM


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Posts: 272

In reply to: Clocker on Friday 10/03/06 01:21pm

Hi Clocker, I have read all of your past posts and find them well thought out and balanced. I am a true believer from way back, a Aussie device taking on the world and saving lives! It is not promotion of the stock or the trial progress and success or otherwise of the device that I am concerned about it is credibility and honesty to shareholders. By honesty I mean a understandable and clear explanation of why things have been handled the way they have. I am not sure how extensive VCR's intellectual property portfolio is but from what I understand HTW has taken the jewel in the crown. I think as a business VCR will succeed but as an investement its upside, given what its market cap will be after this placement and the competitors to emerge in the next two years, is very limited.
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User
Posted on: Mar 10 2006, 11:42 AM


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Posts: 272

In reply to: Clocker on Friday 10/03/06 08:36am

Clocker, VCR board have let down shareholders badly and played them for a piggy bank. I also have held since MMD days. Do you remember how transparent and communicative they were then? Press releases, proclaiming VCR the best performed stock in the ASX 200, web casts and timeframes that showed sales by now. Remember how strong the upfront statements were "we have strong intellectual property which we will vigorously defend". I note in the latest release there is only one small statement re strenght of intellectual property hidden half way down document.

Now I know and accept that much is outside VCR's control. BUT what is not out of their control is their transparency, they have not explained to shareholders (adequately) why the HTW dispute was settled, why timeframes have not been met etc. I have made these reuests to VCR on numerous occassions, not for myself but asking that a full explanation be provided to shareholders thru official channels.

Re "HTW was light years ahead, which I dispute. They have been in development as long or longer than VCR, only now about to begin human trials," HTW was basically going no where until VCR caved in and allowed use of VCR patents. The explanations given by VCR are motherhood statements and pathetic.

I ditched my VCR some time ago but might buy back when the chart is right as i believe they have a good product but as for loyalty to, or faith in, the board, forget it.
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Posted on: Mar 10 2006, 06:11 AM


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I noticed that Portfolio Partners recently became a substantial shareholder. Also hte wilson group of LICs holds quite a few million of stock.
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Posted on: Mar 8 2006, 06:25 PM


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In reply to: dawno on Wednesday 08/03/06 04:00pm

Dawno, put me down (I have no prediction just put me down ...lol). Lets try $5.86 as I think the market sentiment will change! Never underestimate the markets abililty to overreact.

Please note: Moosey, I didn't forget about any of the stuff "in the middle" I just didn't know about it.
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Posted on: Mar 8 2006, 06:07 AM


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I think TLS has real probems but nothing that won't be worked out. The one thing I would like to point out to everyone that says wireless and mobile will kill TLS's fixed line business but these use fixed lines too. When you send a mobile message or call it goes to the nearest tower and then by fixed line to the tower nearest the receiver. It one sense the increasing use of mobile helps TLS. One story that hasn't received much publicitly but represents a big threat to TLS is Optus offering to go halfs in the building of a fibre to node network, as this erodes TLS's monolopy position. Add to this Foxtel and Sensis and TLS has a valuable businss.
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Posted on: Feb 22 2006, 11:57 AM


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In reply to: savtin on Wednesday 22/02/06 09:01am

Savtin, I agree but then management should be ashamed of themselves for that raising. They spruiked the sale to everyone then at the next meeting when asked a quesstion about whether they took up their entitlements ... they said no and gave a very purile excuse. VCR haven't done the right thing by shareholders. They have great technology but the execution risk is large given the incompetence of some in there.
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Posted on: Feb 17 2006, 11:56 AM


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In reply to: sabretoothed on Friday 17/02/06 07:12am

Fundamenally I like the stock but technically I thought after it passed 22c its looked weak.
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Posted on: Feb 10 2006, 12:58 PM


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In reply to: sabretoothed on Thursday 09/02/06 07:38pm

Sabrethoothed, I concur regarding management especially their ability to operate in China. I have done a bit of research and like their background and achievements. Also the fact that they have large shareholdings. I hardly ever get into a stock without the fundamental and management story being sound and this one is a beauty!! Technically, definitely in an uptrend. If the demand for rare earth takes off this could be a very cheap entry point.
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Posted on: Feb 10 2006, 06:07 AM


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My view is that over the next two years you will see this 500 pound beast become more aggressive. Not so much in terms of price but infrastructure and technology. As a few of the commentators this could be good value.
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Posted on: Feb 9 2006, 05:56 AM


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Yes I have been watching CIX over the past two weeks, mainly encouraged by the positive statements from some level headed people on here. My own research shows this could be a good buy. Technically it is starting to show some life. Could this be in anticipation of a good report as this will be the first year of full business or just about.
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Posted on: Feb 7 2006, 08:56 AM


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In reply to: leppard on Tuesday 07/02/06 08:34am

Leppard, yes I thought about this as in HTW reply to VCR's suit one of hte things they mentioned as the patents were invalid and the patent office didn't take into account certain scientific findings or articles. That lead me to conclude that perhaps either VCR's patents were poorly drafted or dodgy. This then begs the question of why HTW settled at all? It still left open the question of what did VCR get in return and was it of any value?

As it is HTW has 3 devices, at least 2 of which I believe are built around the VCR technology, smaller and US made and backed. As the US is the main market I was interested to read one of commentaries that US firms would have the upper hand in going through the FDA process and be preffered by medical practitioners.
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Posted on: Feb 7 2006, 08:23 AM


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In reply to: Clocker on Tuesday 07/02/06 08:05am

Hi Clocker, have read your posts with interest and found them to be informative and well based. On VCR I hope they do well but at this point in time the negatives both fundamental and technical outweigh the positive. The specific point I was trying to make was that VCR have given a competitor a leg up. Re "Don't forget that HTW didn't win any of its counter claims against VCR" HTW didn't have to, they won by negotiation the big one and the only one that mattered!! As for further R&D that still doesn't excuse VCR allowing HTW use of a technology which you describe as (and I agree) "as a pump that " functions in a way no other pump does". One of the things I look for in a company is barriers to entry, VCR had the best ie "a patent".

As regards to the litigation wasn't helping either company, I questioned VCR about this and how letting HTW use VCR's technology was in the best interests of shareholders. They would not or could not supply an answer. I have seen nothing other than motherhood statements explaining to shareholders why it was in shareholders interests to act the way they did. I would have thought shareholders (of which I was one then) deserved an understandable explanation as to what VCR got in return. Good luck to all.
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Posted on: Feb 7 2006, 06:26 AM


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Hi, having (until recently) been a holder of VCR I thought I would express a view regarding its possible future. I sat down and drew up an analysis of reasons to hold and reasons to sell. The views expressed here only give my reasons to sell. I decided to bail out in around $1.20 because of the conclusions i came to. Technically there is no sign of recovery in my opinion. Fundamentally, they have a great product, unforturnately, management has given the product away. They haven't met their stated timeframes but worst of all allowed a direct competitor (HTW) to use their "patented" technology for nothing. Now going forward VCR may be the first 3rd generation device to get FDA/CE approval, but in a few years what will that matter is another company (HTW or anybody else who cares to infringe VCR's patents) comes along with a smaller device, more easily implanted and cheaper using the VCR technology. It is like VCR is fighting against itself and all thanks to managment decisions and action.
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Posted on: Feb 6 2006, 12:00 PM


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In reply to: janart14 on Monday 06/02/06 11:42am

Janart14, the agreement referred to takes much of the execution risk out of this one and makes it almost investment grade imho. The company Rhodia has annual electronics sales of in excess of $6billion. The RE lynas has a proven resource for is going to be more and more sought after by companies producing high tech cars and electronics (eg magnets). The company is in a very good position and is not a beggar for cash or contracts.
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Posted on: Feb 6 2006, 05:51 AM


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In reply to: clarebatt on Tuesday 22/11/05 11:57am

Hi Clarebatt, I recently got interested in CIX as the chart looks good. I have done some research and while it worries me that a few fund managers appear to be reducing their holdings from a fundamental point of view CIX does look good. I have one question though in regard to you post "Franking Credits + Cash = 71 cents per share" While it is easy to verify the level of cash, where did you get the figure for Franking Credits and where could I find this figure? Thanks User
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Posted on: Feb 1 2006, 07:48 PM


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In reply to: Hardcash on Wednesday 01/02/06 03:49pm

Hardcash .... you should look so foolish every day lol lmaosmiley.gif !!!!!!!
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Posted on: Feb 1 2006, 02:54 PM


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In reply to: bunny123 on Wednesday 01/02/06 11:53am

Hi bunny, thanks for that. From what I remember Thoratec only have a certified (FDA) 2nd gen device, is that right? VCR have said they will be the first 3rd gen device to market. I don't hold VCR at hte moment, i was a long time holder but lost faith in management. I will consider buying in again when the technicals look ok. Good luck to all holders as they have a quality product.
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Posted on: Feb 1 2006, 01:15 PM


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In reply to: BLU on Wednesday 01/02/06 12:24pm

Huntley's has a good article on Lynas stating that although it is a specy it has a lot of upside. The company has set itself two important milestones to finalise by this quater which should fundamentally give hte stock a boost. One is some contracts re supply which will help with operational expenditure into the future, the other is listing i think. Techinically it looks great and I can't believe there would be too many short term disappointments ahead.
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Posted on: Feb 1 2006, 01:07 PM


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In reply to: Hardcash on Tuesday 31/01/06 02:40pm

Hardcash, i know it happens (insider trading that is) but I can never pick it. I can always read into a chart what i want when i want it. However, your opinion as to the .5 cents jump late yesterday and 1.5cent today (on big volume). Now drawing a conclusion from this would lead me to believe ..... graduated.gif
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Posted on: Feb 1 2006, 11:30 AM


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In reply to: sierra on Wednesday 01/02/06 09:07am

Sierra and bunny, i am not sure if you are saying that the competitors have overtaken VCR or that the market awaiting their device is getting bigger and when they do hit the market (get approvals) watch out. Can you give a bit of guidance on what your posts mean please?
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Posted on: Jan 30 2006, 10:13 AM


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In reply to: grim reaper on Sunday 29/01/06 12:50pm

Hi only just looked at STX, if it goes to the moon i hope it doesn't take my money with it. I don't know a lot of the technical terms and specific geological issues for oilers. I did a bit of homework into the number and nature of the permits STX have and it looks fairly impressive. The chart is great albeit to have run a bit hard of late. The market cap is not to far stretched given its debt and cash on hand. Definitely on my watch list!!!
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Posted on: Jan 23 2006, 05:56 PM


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In reply to: wolverine on Monday 23/01/06 04:14pm

Wolverine, on my calcs for issued and unissued, HTW has a market cap of about $148.3m and VCR about $194.5!
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Posted on: Jan 23 2006, 11:59 AM


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In reply to: Sarg on Monday 23/01/06 11:42am

Sarg, there was an article in the Sunday Herald (in Sydney) which gave PBB some nice attributes. I think a few of hte things the article said were a bit wide of the mark (at least from my knowledge) but they did indicate and i agree PBB is becoming a value play.
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Posted on: Jan 20 2006, 06:01 AM


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Sommers and drq, I accept that sentiment is against VCR and they are working hard. They also have a good product. It is entirely a different matters for management not to be truthful to shareholders or explain their actions. VCR shouted from the roof tops about how valuable their IP was. Did the shareholders get an adequate reponse to the HTW settlement ...... NOOOOOOO! All I am asking that they be consistent and honest with shareholders. When times were good (read share price) they made statements about protecting IP and timelines. Now when times are bad (read share price) they should be consistent and not give the shareholders statements that mean and say nothing.
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Posted on: Jan 19 2006, 06:11 PM


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In reply to: Oavde on Thursday 19/01/06 04:56pm

Ovade, have to disagree management have built a track record of over promising and under delivering (remember the pot of gold statement and time lines set in the past). They are quick to gloat about technical rises beyond their control but slow to protect the IP. I am still waiting on a thorough explanation of why the HTW cave in. I wrote and asked and was given a purile statement, when i said that tells me nothing they said "that is the best we can say" or words to that effect. The truth is if management had been more honest the highs might not have been as high but the lows would not have as low. Very early on I wrote, re HTW dispute. They asked me if I had got my information from share chat rooms and stated I couldn't trust such sources. A few weeks later it transpired that what I had heard in the chat room was more accurate than what VCR had told me. Look I think the ventra assist is a great product and ethically marketed. I just think VCR have chosen that when the going gets tough, their best course of action is to leave shareholders in the dark and hope for loyalty. I don't hold at hte moment but probably will again (money permitting) when the technicals are right. It has been a painful lesson for me, not financially but I could have made a lot more. Others may say I am being a bit harsh on VCR but these are my experiences. User
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Posted on: Jan 19 2006, 06:16 AM


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There is a lot of talk about Telstra so I thought I woulld have my say. From a sharemarket perspective the sentiment is against it. From the business perspective it has some problems but is a great business. Telstra has some problems in respect of short term ACCC etc. These will be worked out. It has a monolopy over certain critical infrastructure for broadband (the boxes located on every street). No matter what you think of the intense competition it has all competitors (mobile to mobile aside) will have to use the infrastructure. It has two businesses everyone else would kill to get (Foxtel and Sensis). And in all its businesses there are huge barriers to entry. It is a buy!!!! U
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