Jump to content

bello

Member
  • Posts

    2414
  • Joined

  • Last visited

Everything posted by bello

  1. bello

    ATI

    If Mr Minarosa gets the first project secured and expanded then the shareprice will rocket . The resource is high grade and large and the recent cap raising at almost no discount was encouraging that the negotiations may have progressed .
  2. bello

    AVB

    I've been patiently sitting on my AVB for a few months now waiting for some further progress on their exceptional grade copper project in Brazil ..... but now have two projects to wait for as their nickel project is currently being drilled . AVB management claim it is analogous to MBN's Brazilian Santa Rita nickel project . AVB marcap $7 million and MBN's marcap $990 million . Could be a very significant set of nickel assays that send AVB alot higher rather than the JORC copper . Young co but worth looking at . Very cheap imo .
  3. bello

    ERJ

    Chart feeling its way north and depth looks compelling imo . Placement of shares at 20 cents proposed to US Green Funds for early November ..... currently the shareprice is poised at 18 cents . I think it has a good chance of being in a cushioned mid 20 cent range cum placement . A placement could be done at a premium based on the forecast revenue of $89 million within 2 years, but I feel it is more likely that it is done whilst the shareprice is over 20 cents . I recommend people examine the recent presentation . Personally, I found the potential growth off the back of what is pure waste quite astounding . CFU (most comparitive concept technology imo) marcap is 3 times ERJ so possibly some very strong specultive gains prior to forecast business implementation .
  4. bello

    ERJ

    From recent presentation : (There is) "more waste heat energy available in US industry than electricity produced from all renewable energy sources combined." In Australia, "waste heat is the largest available energy source ..... at 440TWh, it's 20 times the combined production of renewable energy. " Forecasting revenues of $89 million in two years . Bought some last week as a long term investment . Multi bagger potential, imo .
  5. Another huge gain today for MMR and MMRO . Presentations appear to be attracting big buying . I suspect both will continue a solid rise towards what I believe will be a very anticipated drill campaign 20 km's offshore Sydney in 75 metres of water within months .
  6. Up over 100% yesterday, holding almost all those gains today despite market being down ..... good sign there is some sophisticated investment going on here . Almost nil trader chat suggests to me most have moved on also . Spud date some time should see the shareprice at multiples of the current imo .
  7. "Bounty is now in joint venture with unlisted Advent Energy, which is controlled by listed pooled development fund MEC Resources (MMR). Now the quest for (mainly) gas but also some oil off this part of the NSW coastline is getting serious. And Queensland coal multi-millionaire Ken Talbot, through his private investment company, has taken a 10 per slice of Advent." (from The Australian article http://www.theaustralian.news.com.au/busin...4-18261,00.html ) BUY(15%) marcap $42 million MMR(85%) marcap $37 million
  8. I think FMG is prime for some major corporate competition . They made a $ half billion maiden NPAT and are targeting a significant increase in production over the next couple of year (over 120 million tonnes pa from memory) . FMG reserves are valued at only $2 per tonne, and they are forming strong bonds with the Chinese ..... BHP of course may just let the Chinese become the third largest IO miner in Australia if that foreign investment continues .
  9. I think BHP should takeover FMG before the Chinese own too much of it, and subsequently have much more Iron Ore pricing clout . They may have to pay a premium to own it but if margins start to be eaten into then BHP's erosion of revenue could be a worse option over the long term .
  10. "SYDNEY/HONG KONG, Aug 11 (Reuters) - Fortescue Metals (FMG.AX) and China Investment Corp (CIC), China's $200 billion sovereign wealth fund, are in advanced talks on a $1 billion-plus convertible bond deal to help the iron ore miner fund expansion, two sources familiar with the deal said on Tuesday."
  11. "..... Rumors are also swarming China Investment Corp (CIC), the country's $200 billion sovereign wealth fund, is eyeing a financing deal with Fortescue Metals, Australia's third largest iron ore miner. What is more, Fortescue's boss Andrew Forrest is expected to ultimately sell his firm sometime in the near future -- even after Fortescue struck a $438 million stake deal with China's Hunan Valin Iron and Steel Group earlier this year. "I think that Andrew Forrest is definitely a seller," one Hong Kong-based banker with knowledge of the Fortescue-Hunan Valin deal said, adding that Forrest may prefer to develop the company more before he exits at a higher price. The banker predicted that Chinese firms, including Hunan Valin Iron and Steel, could be interested in buying Fortescue. Both bankers declined to be named to protect client sensitivities ....." http://www.ibtimes.com/articles/20090805/c...r-oz-miners.htm
  12. Atlas Iron predicting some consolidation of companies in the Pilbara, and saying it will continue to support FMG's efforts to open up BHP/RIO rail and port infrastructure to alternative parties . BHP stating that IO sales to China are strong and stable . FMG reserve upgrade by 1 Billion tonnes last week . PE of 4 with eps over $1 . Chart looks like it is itching to run imo . I personally feel that FMG is going so well with production, reserve increases and corporate dealings, and by remaining a constant thorn in the side of BHP/RIO someone will have a crack at FMG soon .
  13. Should be a ripper growth profile revealed in next weeks qtrly . Lots of production drilling going on at Maari and exploration drilling around the corner . Also, I think the market has just switched on the reality that MEO will be farming down their 70% equity in Artemis to 20% . The monies they get for that farmout will be spent drilling their's and CUE's Artemis well in early 2010 . If they don't drill in 2010 CUE's Artemis position increases to 20% and MEO's reduces . Win win for CUE I'd say . This mornings gap closed .
  14. bello

    GGP

    Yesterday I bought unaware that they had just proposed to raise more capital/issue more shares, so I sold (small loss). Damn sub holder seller was looking like a barrier also .
  15. I bought yesterday and today for Argentina/Santa Rosa speculation . 32.48% of 100 million barrels is attractive . They spud this week . Another Turkish well was spudded yesterday . From dredging the memory, previous Turkish wells start production soon and that second income source is a major positive . There is also speculation of a Phillipine farmout coming their way . Take your pick . Surely consolidation in the 7-8 cent range is coming to an end . It offers nice support potentially anyway .
  16. bello

    GGP

    I'm with you Moses . I feel very lucky to have got some in the mid 7's . Alot of ground to be made up on the chart with such a fiscally positive announcement yesterday .
  17. bello

    MEO

    Tassie Shoals is potentially a massive ongoing shareprice driver . MEO says there are 25 Trillion cf of stranded gas in an accessible radius from the proposed project . MEO drilled two wells in that radius last year and estimated 1.7 Bcf recoverable from one well and got reasonable flows from the other well so they are obviously a potential initial supplier to the project . The LNG/Methanol project is claimed to need to need only 1.4 Bcf as a base reserve, as I interpret . Anyway, I speculate that MEO is not only doing roadshows to get financiers and brokers aware of the potential, but also to get stranded reserve owners to sign MOU/HOA/supply/JV deals . There could be potentially numerous deals to come MEO's way . The government appears to be in favour of the project and the reality is stranded gas now appears to have an avenue to market . Who knows when exactly the deals get achieved but when they do it will see the company and the project rerated dramatically . Methanol prices are on par with fuel prices . As for near term price drivers - WPL and Chevron will have a say in that . Price seems to be consolidating .
  18. bello

    PRW

    It went up so much imo because it only had a $3 million marcap last friday and has potentially discovered a new frontier mineral territory . The Norlisk style implications are alluring atm. The methodology is the same as for MTH which owns two bordering leases next to PRW, and personally I hold MTH as they have similar acreage near Alice Springs also which is indicating mineralization .
  19. I just spoke to the titles office in NT and I can confirm that the EL25307 lease (PRW) is heavily bordered by MTH . One available lease/title neighbouring PRW was rushed for and an application was lodged just today . If this PRW news is good MTH will run also I suggest . I bought this morning on the existing MTH exploration and strong advice from a friend that they were sitting on something big . If PRW has found something then the local area could get alot more interest . The market caps of MTH and PRW are ridiculously low .
  20. bello

    FAR - FAR LIMITED

    Olivia, I found this whilst reading some posts at another site : Article: http://www.shell.com/home/content/innovati...xploration.html "Extracting oil would be simple if it were found in huge underground lakes. However it's always more complicated than that. Hydrocarbons are held in porous rocks like water in a sponge, often in concentrations that are broken up and spread across a large area, making them difficult to find. 3D seismic image Seismic surveys are the most powerful tool that exists to understand what is going on beneath the surface of the earth. First used in the 1920s, the technology uses sound waves generated by small explosions or vibrations at the surface that reflect off underground rock layers. Interpreting the signals that come back is key to understanding what is down there and how to reach it. Today sophisticated software is combined with massive computing power to translate the data to very high-resolution 3D images, or models, that reveal the unique features of a reservoir. Over the years, Shell has developed, combined and adjusted increasingly advanced programmes to help our geophysicists process huge quantities of seismic data. During the processing, these programmes enable them to filter out distortions caused by underground obstacles such as layers of salt and volcanic rock – letting them see features in the subsurface that are simply not visible on conventionally processed seismic. With the models in place, geologists and engineers in different locations can then view them simultaneously using Shell’s 12 interconnected virtual reality centres around the world. The same 3D image appears to float in the air in front of them allowing them to see above, behind and below the reservoir. This real-time collaboration with such detailed imagery means faster and more accurate decisions can be made on where to drill wells and the best way to develop a reservoir. Splitting the difference Seismic data at sea is usually gathered using a single boat that both sends and receives the seismic signals. When volcanic rock or salt is present under the seabed, however, the signals become distorted and what’s below is hard to interpret. By splitting the process and separating the signal sender and the signal receiver between two boats, Shell has been able to shoot seismic at an angle, getting underneath problematic structures. This technique helped Shell win exploration rights for no less than 67 blocks in a Golf of Mexico lease sale in 2007 which is a success rate of more than 70 %. Electro-magnetic surveys While seismic surveying and imaging are central to our success they are part of a suite of technologies that we use to explore areas faster, more thoroughly and with more certainty. In recent years, for example, we have had great success with the new technology of electromagnetic surveying, providing increased certainty that we will hit the right spot when we go in to drill an exploration well. The technology works by towing a powerful electro magnetic (EM) source close to the seabed (rather than on the surface as with seismic). This source sends out EM signals in to the subsurface which then bounce back and are captured by receivers on the seabed. The type of signals that return change depending on how strongly a material opposes the flow of electric current. While this technology is available on the open market, we are able to apply our own processing algorithms and techniques to the data to give us even more enhanced information. Our approach of integrating technologies to optimize our exploration program has enhanced our success rate in recent years - in deepwater Malaysia and Nigeria we have made 19 discoveries from 25 deepwater wells drilled between 2001 and 2007."
  21. bello

    FAR - FAR LIMITED

    Anyone else think that FAR's current chart looks like an ascending triangle ? I have to admit I thought it was all over pre Shell coming in for a look but a quick glance of their recent presentation seems pretty good -especially current cash and of course the strong possibility that Shell will sign on . Good luck to you all . Hope you all get a rich reward soon .
  22. bello

    MLI

    Bounced off 6.1 about 5 times now . Fair to say that low 6's are acting as a support now and an uptrend is intact . I bought yet another parcel today .
  23. bello

    MLI

    Bought a couple of parcels of MLI today . Seems to have bounced off 6.1 twice now . $21 million cash keeps me relaxed . Like the idea of your 14.5 cent target Sabretooth .
  24. bello

    AOH

    Blue ice, if you mean 100% then I reckon stick to URL as next week it is possible. If you mean 10,000% then no idea . I reckon NDO will also return you 100% over the next 6 months .
  25. bello

    AOH

    It is for the reason that 'they' must announce after accumulating so many that I believe they will announce their intentions soon . If a sub holder notice is given first traders will add another 30-40% on immediately - defeats the purpose if the purpose is discount takeover raid . If they want the best price possible then a blocking stake is grabbed quickly then announce the intention / offer .
×
×
  • Create New...