Australian (ASX) Stock Market Forum

ERN - Erongo Energy

So any predictions on the sp from here? Or are we just waiting for action on Wall street tonight?

Going to try pick some up at 52c..but im not too sure if that will be the low for the day tomorrow.

If someone knows something i dont..please dont hesitate to let me know:)

:microwave
 
Go Nuke said:
So any predictions on the sp from here? Or are we just waiting for action on Wall street tonight?

Going to try pick some up at 52c..but im not too sure if that will be the low for the day tomorrow.

If someone knows something i dont..please dont hesitate to let me know:)

:microwave

Yeah..pretty much watch the markets and hope the correction is over. Then we will see our stocks rally to higher highs. Fundamentals hasn't changed on uranium stocks and the uranium spot price hasn't taken a backward step. ERN hasnt been hit hard. I dont think it would take much action to push it back to the low to mid 60 level.
 
Yeah I'm not too worried about this correct, I just added quite a few more options to my holding. Need the options to go above 50c even 60 c so I can sell some off.
 
Att: ern shareholders

Update is coming. Just got email from Mark Gasson, who is professional imho and replies back quick to my emails.

They are busily putting together results of the desktop study(as mentioned in the quarterly) and an update to the mkt. I replied back and told them not to be under any pressure. Let update come when they are fully ready.
 
Well it didnt make it to 52c today.
Patients isn't my forte...so Im thinking if an ann is on the way, I should stop being a tight **** and just buy at 55c:)

Very little volume though :confused:
Up...or Down...
 
Halba said:
Att: ern shareholders

Update is coming. Just got email from Mark Gasson, who is professional imho and replies back quick to my emails.

They are busily putting together results of the desktop study(as mentioned in the quarterly) and an update to the mkt. I replied back and told them not to be under any pressure. Let update come when they are fully ready.

Looking forward to the update. Thanks for the follow up Halba.
 
Nup stuff it!:)
Got impatient with chasing the SP..52c,54c,55c......just bought at 57c...especially if there is an update comming out soon (thx for that show of pulling power Halba;)

At least it ain't down like some U stocks today.
 
Hope its a favourable update. The fact that they sound busy means a lot of stuff hopefully. Don't blame me if its bad but!
 
Halba said:
Hope its a favourable update. The fact that they sound busy means a lot of stuff hopefully. Don't blame me if its bad but!


haha :) Nice cover Halba. Ive got my friend from Singapore on the buy list at 55 cents..and she's on the buy list for Bannerman at 2.45. She was one day too late. Missed all the lows. Still cheap at these levels.

Will be interesting to see more of the historical data.
 
Halba said:
Hope its a favourable update. The fact that they sound busy means a lot of stuff hopefully. Don't blame me if its bad but!

Looks like it might be favourable.
Risen to .62 so far today and theres a 100k buy sitting at .61
 
Basilisk said:
Looks like it might be favourable.
Risen to .62 so far today and theres a 100k buy sitting at .61

Yeah its starting to look good. We wont know for sure untill that announcement comes out though. This one could show the profits hard and fast. Thats what we are waiting for aint it Halba :)
 
yep i like ern if it delivers the goods i will relook at my position sizing. out of all the african explorers, ern has the lowest undiluted mkt cap at $20m
 
Halba said:
yep i like ern if it delivers the goods i will relook at my position sizing. out of all the african explorers, ern has the lowest undiluted mkt cap at $20m

Didnt you increase your position allready?
 
lmao i did 1 day before the correction. boy was i smart? :banghead: Thought that breakout meant some reall good news was coming. it was a false run...
 
Halba said:
yep i like ern if it delivers the goods i will relook at my position sizing. out of all the african explorers, ern has the lowest undiluted mkt cap at $20m

Mantra?
Yeh i know its just dirt but still an explorer ;)
 
At least ERN has a drill core log diagram! And 25km radiometrics.

I don't see MRU having that, but if you hold thats fair enuff. I'll join MRU one day if it has some good drill results.
 
Halba said:
lmao i did 1 day before the correction. boy was i smart? :banghead: Thought that breakout meant some reall good news was coming. it was a false run...

Well it had a run like this before..when the news in regards to the mineral sands projects was released. You even said Mark Gasson replied to your email saying there will be an update so there is probably news around the corner.
 
Go hard for 80c ERN i say!!:)
no...maybe not that hard too soon:)
Im glad i topped up at 57c

Currently has had a 15.52%change and MTN has 13.94.
Both pretty good building
 
Go Nuke said:
Go hard for 80c ERN i say!!:)
no...maybe not that hard too soon:)
Im glad i topped up at 57c

Currently has had a 15.52%change and MTN has 13.94.
Both pretty good building


hmm

when it gets over $1 i'll be happy. Good signs though.
 
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