Australian (ASX) Stock Market Forum

ENX - Enegex Limited

http://www.enegex.com/projects/ -- Project maps
https://www2.asx.com.au/markets/company/ENX -- The basics

Enegex Limited explores for, evaluates, and invests in natural resource properties in Australia. The company explores for nickel, copper, and PGE deposits. It holds interest in the South West Terrane project covering an area of approximately 3,500 square kilometers located in Western Australia. Enegex Limited was incorporated in 2012 and is headquartered in Bentleigh East, Australia.

https://au.finance.yahoo.com/news/enegex-asx-enx-afford-invest-225406940.html -- March 2020
Can Enegex (ASX:ENX) Afford To Invest In Growth?
 
Is it time to look again at ENX? Many companies fly too high on the news and Enegex is one of them. Then what follows is a reality check and the shares fall and those holding the multi-bagger exit with their profits and sit on the sidelines ready to trickle their profits back in again at suitable entry points.

Chart for ASX:ENX - https://uk.advfn.com/p.php?pid=staticchart&s=ASX^ENX&p=5&t=1
https://uk.advfn.com/p.php?pid=staticchart&s=ASX^ENX&p=0&t=1

So 5c to 23c and back to 10.5c. They were once at 2c much earlier on. How much of this decline is just because of sentiment in the microcap explorer sector?
 
Gave me plenty of time to build a holding in ENX. Starting to recover a bit and though high risk the present price IMHO is not asking too much.
 
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Quarterly Activities Report: https://themarketherald.com.au/asx-enx/
For the period ended 30 September 2023
West Yilgarn: https://www.enegex.com/west-yilgarn

March 2023: https://themarketherald.com.au/eneg...roject-to-caravel-minerals-asxcvv-2023-03-03/
 
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ENX is not making progress as there has not been a single trade this week so far. Probably a put-off because of the 27% fall last Friday.
 
ENX is not making progress as there has not been a single trade this week so far. Probably a put-off because of the 27% fall last Friday.
spoke too soon ... all you need is a trade or 2 ... recouped and more

Screenshot_20240405-140257_CommSec.jpg
 
The Miamoon project is comprised of three exploration licences (E70/5446, E70/5458 and E70/5460).
10 May 2022 - EIS Co-funded a Drilling Grant for Enegex’s Miamoon Project

  • Enegex (ENX) has identified new targets at the Miamoon project in WA’s West Yilgarn region
  • The company completed a gravity survey over the western side of the project where magnetic high features had previously been found
  • Enegex is particularly encouraged by the Spitfire and Crusader targets which have a strong correlation between magnetic and gravity high signatures
  • The company will follow up on the new areas with the aim of generating drill targets
  • ENX shares are down 6.67 per cent to trade at 8.4 cents
  • https://themarketonline.com.au/enegex-asxenx-identifies-new-targets-at-miamoon-2022-01-18/
 
Daily Live Chart: https://uk.advfn.com/p.php?pid=staticchart&s=ASX^ENX&p=1&t=1
Longer Term Live: https://uk.advfn.com/p.php?pid=staticchart&s=ASX^ENX&p=9&t=1
and Website - http://www.enegex.com/

The share price has fallen fast after rising rapidly several years ago as hopes have faded. I will have to look more deeply into this one as it is not looking too good.

Enegex has built a strategic tenure position in the West Yilgarn province, the prospectivity of which has been highlighted by Chalice Mining’s Julimar Ni-Cu-PGE discovery.​

Perenjori - The Perenjori project is comprised of five exploration licenses (E70/6524, E70/6525, E70/6526, E70/6527 and E70/6591).
Goomalling - The Goomalling project is comprised of one exploration licence (E70/5580). The tenement lies on-trend and approximately 10km southeast of Caravel Minerals’ Opie Copper Mineral Resource.
A bit of hope here: https://www.enegex.com/investor-centre

June 8, 2024 - Anomalous Gold Returned at Three Springs
Investogain - https://www.investogain.com.au/company/enegex-limited/
 
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