Alfredbra said:damn that was a bit of a sell off. but i spose it was bound to happen. still more to go and im still holding
nizar said:needs THAT announcement for this upwards momentum to be sustained IMO...
Simmo said:I actually thought this might drop back a bit after the big sell off the high back to 16 cents but there has been a lot of buying into the profit taking.
Market cap currently is around 30 million sp still good value.
Compared with DYL today market cap is around 306 million makes EVE look very
cheap for their progress.
Simmo said:Hi Fab ,
What do you mean by " for their progress". What progress ?
Just making a comparison that EVE has a JORC resource already and are undervalued relatively when compared with the progress of others, in terms of exploration and also taking into consideration market cap.
Risk verse reward is much better with EVE.
Simmo said:Got home to find a copy of Resource Stocks magazine sent from EVE.
It came with a short letter about how EVE is trying to increase market awareness.
The magazine contains an article on EVE titled "venturing into Africa" it mentions
Albidon director Alisdaire Cooke in the interview as executive chairman of African Energy Resources Ltd. I was aware Alisdaire Cooke was handling the exploration for AERL but wasn't aware he was executive chairman, makes sense though considering he is a very significant holder and knows the geology of Zambia.
$0.16 looks like some support.YOUNG_TRADER said:Showing amazing strength and support, come back down to earth will you!
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