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Everything posted by Jay

  1. Jay


    The last run on NDC was from 13c to 29. From this we would expect a pullback to about 21c, NDC has already bounced off this level once and today retested it on low volume. I think it is ready to run again with the mining grant for their stage one development in South Africa about to happen later this month. Once that is through the profits will flow and they will begin to explore stage two which i have heard will be huge. Most analysts have KIM going to $1.70 at a minimum, so NDC will follow them up also. The future is looking really rosy at the moment, and this short term weakness in a few months time will looks dirt cheap. Good luck guys.
  2. Looks like it will hold 28c there wedge. Good buying at this level mate. The long term uptrend still stands, contracts due shortly as they are out for tender at the moment. http://www.asxboard.com/html/emoticons/biggrin.gif
  3. Still looks good to me guys, i am still a buyer around 30c http://www.asxboard.com/html/emoticons/cool.gif
  4. Yeah saw that wolv, chart looks good and the fundamentals are fantastic. Definately time to be loading up imo. http://www.asxboard.com/html/emoticons/biggrin.gif
  5. Hi Guys, am new to this forum. I have been on EGL for a bit over a year now since 12c, the last trade was 30c, but made a new high of 33.5 the other day. They have forecast $50m in revenue by 2006 which puts them on a PE using NPAT of about 7-8 after all possible dilution, from options etc. Well worth a look in my opinion. At the AGM today management flagged new contracts between December and February which will put the boot up the shareprice also. Cheers http://www.asxboard.com/html/emoticons/cool.gif
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