Australian (ASX) Stock Market Forum

EVE - Eve Health Group

Re: EVE - Energy Ventures

i am new to this,

could it be possible that people are just favouring larger cap stocks at the moment, as they have fallen off in the last few months, and seem relatively cheap for the profits there making. There's only so much money that can be pumped into companies, and stocks like EVE may just be looked over at the moment, as people think other stocks offer better value.

possible? or not the way things work
 
Re: EVE - Energy Ventures

to all the people who hold this stock...

Do you have stop losses in place?
If so at what level?

And if not, how low would the price have to go for you to panic and start selling?

Just interested.
 
U

Casual_Investor said:
to all the people who hold this stock...

Do you have stop losses in place?
If so at what level?

And if not, how low would the price have to go for you to panic and start selling?

Just interested.

For me EVE is a long-term hold. So no stop loss on this one.

The aim was never to make money overnite with this one, if it was, my college actually isnt too far from Crown so i wouldve headed there instead.

These are for the bottom drawer. When EVE is a producer or taken over and the share price is in the dollars, i dont wanna be the one having regrets, i wanna be the one living it up!~

Kariba and YT summed up my thoughts on EVE perfectly, Kariba especially:

kariba said:
Patience needed with EVE .... all the potential in the world & will reward long-term holders

YOUNG_TRADER said:
Long term play with long term rewards,

Also YT agree about the ~$5mil.
I hope its an insto placement. I recall EXT had a insto placement and that thats when it shot from 4c to 11c.

And dont forget about Ian Duncan. He was with WMC for 27 years in charge of Olympic Dam, the worlds biggest uranium play. He probably knows what hes doing. Hes the nonexecutive chairman. It would be nice if they made him MD, but maybe he was offered and declined coz he enjoys the nonexecutive lifestyle too much. I dont blame him, the boy did well
 
Re: EVE - Energy Ventures

Theres no one buying it, I already hold 1.25m else I'd be buying more, its cheap I mean really cheap,

I've been looking at Uranium companies for a long time, I owned PDN when it was 2c (sold at 10c thought I was a genius :( )

I owned EXT @ 1.5c (a few million again sold at 5c :( )

I held 100,000 BMNO @ 5c sold at 40c


The same fundamentals I saw in PDN, EXT, BMN (especially BMN) I see in EVE,

EVE's only weakness is that it needs cash, once thats sorted this company is set to increase its mkt cap by no less than 4x, just wait and see, it make take 6 months it may take much less, as Nizar said EXT Soared once a UK fund jumped on board,

@ under $15m its mkt cap is tiny in comparison especially given its got an open pit deposit of 5mlbs of Uranium within 50kms of OMC's deposit,

If I was OMC I'd be asking myself why shouldn't I buy EVE? Hell if Iwas PDN I'd be asking why wouldn't I buy EVE,

Even Chinese Nuclear Corp or Sino Steel will soon be asking they need cash why don't we do a JV? or take a large placement?

Also take a look at the spot price graph of Uranium its headed to the stars!
 
Re: EVE - Energy Ventures

Should be support at $0.09. Looking bad under that and looking :eek: under $0.08.
 
Re: EVE - Energy Ventures

Ok I've read the ann now,

They are listing African Energy on the UK Mkt via an IPO, apparantly they can ask a much higher price per share for a new IPO listing rather than take EVE to AIM and raise capital, ie instead of going to AIM for funds at 10c EVE, say 100m shares @ 10c (whatever that is in pence), they can fund African Energy by doing IPO at 20c, makes sense

So African Energy will be listed on the UK Mkt under a new IPO, but EVE will hold the majority of shares and us as EVE holders indirectly hold African Energy shares,
 
Re: EVE - Energy Ventures

Management are showing their worth, the AIM listing news is excellant. :p:

ASX hasn't recognised EVE's value, and its good the see the company looking elsewhere. AIM is a lot better for African Juniors.

I expected them to would do an listing on AIM as they share offices with ALB in Perth who are AIM listed and no doubt they would have discussed this.
Its good to see them rapidly progressing things
 
Re: EVE - Energy Ventures

YOUNG_TRADER said:
Now they have to do a placement with a UK fund :D

C'mon EVE I want a new car

Yeh YT i want an e46 m3... wat u reckon? :D

I suspected an AIM placement for a while and i think its an ideal way of raising money.

This will raise awareness about AIM not only in the U.K. but all over europe. Remember EXT, excitement about trading halt, announcement was about U.K placement to raise $4mil, and it goes from 4c to 11c... i sold some at 9.9c, 11c and 15c... :D

Anyway, regarding the IPO structure i dont know how those poms value Uranium explorers, but ill take a stab and say theyll raise 5million pounds, retain 50% of AER, to give a market cap of 10million pounds at the offer price. But if it doubles on listing, that means 20million pounds (and i dont think its unreasonable to assume this)

The consequent overseas buying into EVE (as a cheaper avenue as opposed to buying AER outright) will see it reach maybe the 25-30c i was looking for.

A long way to go with this one... :2twocents
 
Re: EVE - Energy Ventures

YOUNG_TRADER said:
:iagree:

Will need at least $5m to complete 70% earn in requirments on all the 'projects', I think as I've said for awhile now a placement is in the process, it has to be as they need funds!

Long term play with long term rewards,


I jumped on board the day before drilling results,

Said that a JORC was due out soon and even made an estimate and the JORC came out a few days later and was very close to my estimate,

Since then I've been saying placement placement placement (check previous posts on this thread)and what do you know its a placement (of sorts)

Now I'm standing by the calls of Niz, Simmo and others 20c very very soon

The fact that OMC was able to get its $10m from Europe no probs and EXT has over a few occasions raised a total of probably $5m shows how eager the those mkts are,

From the ann there are 2 primary reasons for this move

1. Non-dilution
Put simply they need between $10m - $20m to just complete BFS's to get full 70% earn in and given the current mkt cap of EVE is under $15m that doesn't seem feasible does it, ie that would require between 100m to 200m shares being placed

2. Non-recognition
This is related to point 1 but its simply the fact that EVE sits at 10c with a mkt cap of $15m, so why not float African Energy on the AIM mkt, get a capitalisation of probably $20m - $40m for that alone and allow EVE to be re-rated on the basis of its holding of this asset

The fact that EVE will be getting back all 'loans' it has made to African Energy means that most likely all expenses to date on all of African Energies prjects (ie drilling JORC etc) will be repayable so EVE won't be needing money for awhile!

Also lol,
Yeah Niz wouldn't mind me an E46
And Beethoven I wish! ;)
 
Re: EVE - Energy Ventures

YOUNG_TRADER said:
2. Non-recognition
This is related to point 1 but its simply the fact that EVE sits at 10c with a mkt cap of $15m, so why not float African Energy on the AIM mkt, get a capitalisation of probably $20m - $40m for that alone and allow EVE to be re-rated on the basis of its holding of this asset

10million pounds = 25million dollars
20million pounds = 50million dollars
:D

YT do u reckon my proposition for the float structure is realistic?

EVE hold 50% of AER and seeks 5million pounds for the other 50% to give a market cap on listing at the offer price of 10million pounds. If it floats at a premium, that would be a nice bonus...
 
Re: EVE - Energy Ventures

Hey Niz,

I reckon EVE will try to keep between 51%-75% control ie to maintain a Majority Shareholding and will raise between 3-5m pounds = $10m - $15m AUD

But these are just estimates, we'll have to wait and see
 
Re: EVE - Energy Ventures

Njame South JORC must be out soon don't you think YT?

Another 4-5m lbs U3O8 I hope......

Interesting the gap of punters between $0.096 and $0.105. Seems to hang like this quite often, and then someone comes in at either end to buy or sell.

Watching vol VERY closely for coming news.
 
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