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ERN - Erongo Energy

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Hey, easy on the research analysts at Carmichaels. You probably talked to an industrial analyst and not everyone is aware of Erongo. If you spoke to the analyst who put out the Bannerman report then I'm sure they would be aware of them.....how can you not.
 
nup they actually didn't! I spoke to wendy casey "'the head of research""

i didn't speak to a specific analyst though

ahhh this is the guy i should speak to:

James Wilson
Resource Analyst
(08) 9263 5276
Back to top

I'll give him a ring on monday LOL!
 

Serious, but none the less its 73c
 

Either James or Paul Adams who put out the BMN report. They'll probably get the police on you to stop harrassing and stalking them
 
was hoping to get these around 0.61 today. didnt quite get there though settled for the new high (breakout). plenty of volume to confirm and a good close. looks ok to me in @ 0.72 (slight retrace after all time high breakout). id like to hold this one and avoid profit targets so hopefully sp can advance more in the near future and set a base near todays high. im expecting an explosive run very soon. ERN has been in a sideways channel for a few months now and i feel needs a decent advance to achieve fair value when compared to other U stocks. BMN was also in the same situation recently and look at it go

any idea on that fifth tenemant guys?

conversion of options very interesting.....
 
Halba said:
Even if no results ERN will go up on no news -
Click to expand...

Agree its called momentum.
Maybe a pull back on monday like what BMN did when it first broke but more than likely it will be onwards and upwards.
In my opinion.
 
im half expecting a 1 day 30-50% retrace also nizar (being monday, historical sp patterns, no announcement [yet]), to which i shall add to my position. if it doesnt happen im not bothered. im sure i will make money either way

again, very promising today
 
mildew79 said:
any idea on that fifth tenemant guys?
Click to expand...

Patrick(director, ERN) told me its in the applications queue. It will be granted anytime. The moratorium on new leases does not apply to existing apps. Just adds more 'blue sky' upside in the long run, as this 5th tenement holds the Spitzkoppe resource which is langer heinrich style.
 
mildew, what do you mean by a 30-50% retrace? From what point?

Intraday this has held up ok so far, bouncing off 71 ish, confirming break through short term resistance at 70 ish cents. Pretty positive that it's held IMO.

(holding)
 

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My analysis of erongo has gotten into the right hands, people are seeing it is undervalued at this market cap. Anything under $80m mkt cap probably undervalued at this point in time. 50% retrace would be silly in light of the potential of the assets
 
Erongo are trading strongly in germany. Hit a high of 50 EURO. Equivalent of almost 82 cents.

50.00 EUR = 81.8811 AUD

They are currently at 46.80 EURO.

46.80 EUR = 76.6118 AUD

Erongo are looking the goods. The fundamentals of the stock say up. Its still undiscovered IMO. Should be interesting to see what happens tomorrow after a strong day today. They held well.
 
Closed at 52euros on a high..I did have a few german people interested in my analysis, but main thing is uranium is hot, and drill program is about to start, and its not a small drill program(10,000m enough for hundreds of at surface holes, especially as inferred you don't need hundreds of holes) - point being they can use this drill program to see if there is mineral elsewhere on that lease.
 

Large volume went through also..they don't usually trade with much volume over there.

Volume: 1,744,994.

52.00 EUR = 85.1546 AUD.

52 Euro is the equivalent of 85 cents aussie..hmm a message must be around the corner? If this is due to your report Halba can you write reports on my other companies too?
 

Chris you write extremely well for being young, and are of similar age to me. Good work(I read your CFE posts with interest). You should be continued to encourage to write. I'm sure people will get that CFE story soon enuff. Market is probably confused about the deal.
 
Yeah. The market will only pay what they want though. I'll hold CFE for 2 months and see what they do. Erongo should have a good day today. Looking forward to the open..especially after the strong price action overnight on the German exchange.
 
In Frankfurt, it opened with a gap up, and huge volume, closed at high up over 15%. what is going on? Somebody speaks German?
 
Hi chris,
Thanx muchly for your advice on ERN ....I bought shares weeks ago at 60 -ish mainly on your clever analysis.....being low cap. etc.....

you predicted this inevitable rise & you're spot on....again....

thanx a lot & you've got that special dinner in perth at the BMN general meeting.....cheers,
captjohn
 

No worries mate. My analysis at the start of this thread was pretty much based off nothing. This was a clear winner to me from awhile back..now with Halba's analysis which is just as good or better than any broker or analyst..some other investors may see the potential. Looking good boys. Lets see it hold above 80.
 
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