Australian (ASX) Stock Market Forum

EVE - Eve Health Group

Re: EVE - Energy Ventures

afternoon gentlemen. Attended the EVE AGM this morning.

In my mind its a mix of good and neutral news.

These guys are cashed up and confident. Colltech on the pipeline sometime next year.

Xyris demo plant is progressing well. They mentioned there are minor "glitches" inherent to the setup of a plant, but it sounds like the CoolEnergy spinoff may actually pay some dividends.

The reason for the delay of the AIM listing was due to there being a major drainage of funds due to US legislation regarding online gambling. So a lot of funds were dried up over in London funding those ventures. In either case, the seed funding for African Energy was well and truly oversubscribed and they have no cash problems.

Its confirmed that they will have a 79% stake in AER, and will strategically change the size of the position as the company grows.

An interesting side note: December to March is the wet season in Southern africa, so dont expect drilling announcements. They will however have several anns in December regarding samples, and in the month after that there will be anns regarding the African Energy IPO. I asked, and he mentioned that it will almost certainly be a priority listing for EVE shareholders.

Hope that helps...
 
Re: EVE - Energy Ventures

Caliente said:
afternoon gentlemen. Attended the EVE AGM this morning.

In my mind its a mix of good and neutral news.

These guys are cashed up and confident. Colltech on the pipeline sometime next year.

Xyris demo plant is progressing well. They mentioned there are minor "glitches" inherent to the setup of a plant, but it sounds like the CoolEnergy spinoff may actually pay some dividends.

The reason for the delay of the AIM listing was due to there being a major drainage of funds due to US legislation regarding online gambling. So a lot of funds were dried up over in London funding those ventures. In either case, the seed funding for African Energy was well and truly oversubscribed and they have no cash problems.

Its confirmed that they will have a 79% stake in AER, and will strategically change the size of the position as the company grows.

An interesting side note: December to March is the wet season in Southern africa, so dont expect drilling announcements. They will however have several anns in December regarding samples, and in the month after that there will be anns regarding the African Energy IPO. I asked, and he mentioned that it will almost certainly be a priority listing for EVE shareholders.

Hope that helps...

Thanks heaps for the update.
 
Re: EVE - Energy Ventures

Thanks Caliente,

Was there any mention on radiometrics or diamond drilling results?

As they mentioned previously they were going to have a diamond drill going on

Njame as soon as a drill could be engaged.

Was aware of the wet season in southern Africa, it's likely the next drill program will start in April.
 
Re: EVE - Energy Ventures

hey simmo. I met the managing director, Brett Mitchell and he's a real champ. I think an email would not go astray.
 
Re: EVE - Energy Ventures

EVE seems to have taken off this morning, possibly on speculation surrounding the OMC takeover.

:2twocents
 
Re: EVE - Energy Ventures

Simmo said:
EVE seems to have taken off this morning, possibly on speculation surrounding the OMC takeover.

:2twocents
Certainly some build up now somethings going to give!
 
Re: EVE - Energy Ventures

constable said:
Broke thru at 19 couldnt call it a breakout yet but looking good!

This is a breakout for me.
Its never closed above 17.5c.
Nice volume as well.
Blue skies now.

Im (back) in this morning at 18.5c.
 
Re: EVE - Energy Ventures

Appendix 3B released to ASX today, 28million new shares & 1.5 million options, sounds like a dilution of current share holders value rather than something to drive the sp up. Correct me because I dont know what I'm talking about. :) I don't hold at present & I always hesitate to buy when I see a new issue of shares like this. How should this affect the sp? :confused:
 
Re: EVE - Energy Ventures

Out Too Soon said:
Appendix 3B released to ASX today, 28million new shares & 1.5 million options, sounds like a dilution of current share holders value rather than something to drive the sp up. Correct me because I dont know what I'm talking about. :) I don't hold at present & I always hesitate to buy when I see a new issue of shares like this. How should this affect the sp? :confused:

This is not new news.
The market knows this and he reaction to this news was after the trading halt last week.

Onwards and upwards for this one i reckon. Technically the breakout looks perfect. :2twocents
 
Re: EVE - Energy Ventures

I agree Nizar, nice breakout.

The only thing with this one is that it's retracements come back a fair way. It's last breakout didn't go very far before it retraced either.
 
Re: EVE - Energy Ventures

Novski said:
I agree Nizar, nice breakout.

The only thing with this one is that it's retracements come back a fair way. It's last breakout didn't go very far before it retraced either.

All time highs now bro, big difference, no sellers to push it down. Its a different ball game compared to previous "breakouts" :2twocents
 
Re: EVE - Energy Ventures

That's very true.

What do you think about the fact that on Nov 28 it actually opened (20c) above todays close (19c). Check on a candle chart. What do you think of this?
 
Re: EVE - Energy Ventures

Novski said:
That's very true.

What do you think about the fact that on Nov 28 it actually opened (20c) above todays close (19c). Check on a candle chart. What do you think of this?

Not sure, not really experienced enough to answer your question.

If we get it wrong, and it goes down, then ill get stopped out i guess.
 
Re: EVE - Energy Ventures

Novski said:
That's very true.

What do you think about the fact that on Nov 28 it actually opened (20c) above todays close (19c). Check on a candle chart. What do you think of this?

Hi Guys (hope u don't mind me butting in :) )

I've been in trading this since it's strong breakout at 12c
That big red candle on the 28th was some over zealous buying in the pre-open auction, when EVE was in trading holt for a couple of days. So it was just a correction and is settling back into its rythm in my opinion.
(I was on a plane when it finally opened and would have sold out at about 19c but got stopped out at 16.5c Aughhhhh! :banghead: )

I like how it's moved up to be back on top of the current short term trend ... especially sweet with the strong volume. (I had an image to insert here but couldn't work out how to do it, "insert image button" wants some script and I have no idea! ... .... would much apprieciate a link on how to! as I couldnt find in FAQ)

If tomorrow the price moves up and volume stays about as strong as today or increases (compare vol to the same time frame of today) I expect to see a nice move up and will be topping up as it clears the 20c resistance. :dance:
 
Re: EVE - Energy Ventures

yogi-in-oz said:
Hi folks,

EVE ..... looking for a rash of positive news
over the next few weeks, before a negative
start to 2007 .....

22112006 ..... positive cycle ... finances?

28112006 ..... positive light on EVE

12122006 ..... positive news expected here.

14122006 ..... short, aggressive rally here

15122006 ..... negative cycle ... finances???

18-21122006 ..... strong rally here ...

27122006 ..... negative spotlight on EVE

02012007 ..... negative news expected here.

happy days

yogi

P.S. ..... holding EVE.

:)

=====


Hi folks,

EVE ..... small gap-up today, with increased volume,
showing keen buyers now, ahead of 2 positive time
cycles, anticipated for next week ..... :)

As per post above, expect to take profits on EVE, before
Christmas ..... maybe, on the December solstice, itself.

happy days

yogi

P.S. ..... holding EVE

:)
 
Re: EVE - Energy Ventures

Kennas, id be keen to hear your thoughts (and maybe a chart) on EVE please.
 
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