Australian (ASX) Stock Market Forum

EVE - Eve Health Group

Re: EVE - Energy Ventures

There never is many sellers down there. Always just a few taking the price down.
 
Re: EVE - Energy Ventures

kennas said:
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.

Thats what I thought, given the fact that their previous ann's said that they had completed infill drilling for North and South, but someone on this thread said that as North and South were part of the 1 project they have already met the minimum earn in requirement and would thus focus on the other projects for now to achieve earn ins there


Doesn't make sense to me, if you've got 1 good project keep going with it, don't do a scatter gun approach

See below for Sydney Insiders post,

sydneysider said:
One point needs to be corrected after checking with EVE. They will not be doing a resource evaluation at Njame South at this time. They have a number of prperties and the terms of the JV require EVE to expend $1,000,000 to earn 30% in each prospect. So Njame North & South are on one prospect and Chisebuka (now ready for drilling/being drilled) and Mumyumbwe on another.

EVE is also identifying a number of other U targets on the other prospects by surface sampling and airomagnetics in preparation for a new round of drilling. The prospect blocks are very large. They also have done an independent evaluation for coal seams and coal bed methane on the African properties. Lastly, Cool Energy (EVE interest +10%) is in the very final stages of plant trials to commercialize its CO2 removal technology (Shell & Woodside are major shareholders). at 9-10 cents EVE is cheap as chips.

IMHO the stock sell down may have been a function of the drawn out nature of the U drilling program and the realization that the size of that program covers a huge amount of ground that will require substantial funds to complete. I am holding here and bought more at these very low levels.
 
Re: EVE - Energy Ventures

EVE consolidating nicely since the May sell off. Was trending now, but found good support around and just under $0.09 - 0.95, and now has slight resistance at $0.10.

Pretty choppy chart but seems to be starting a new trend sideway and slightly edging up since mid August low. Next real resistance at $0.12 once it clears $0.10 IMO.

Doesn't seem to much on the immediate horizon now. Furhter scoping studies, drilling Chisebuka once they have a rig, and further airborne radiometric surveys over the basin.

I've picked up a few at $0.10, waiting patiently for the next anns......
 

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Re: EVE - Energy Ventures

i picked up some more yesterday at 9.8c. Australia declined to change uranium policy to supply U to inida. could this have an impact on uranium stocks? and if so how much of an impact could be expected?
 
Re: EVE - Energy Ventures

Alfredbra said:
i picked up some more yesterday at 9.8c. Australia declined to change uranium policy to supply U to inida. could this have an impact on uranium stocks? and if so how much of an impact could be expected?

EVE's company that is mining the stuff is an African company in Africa, so doesn't effect EVE as far as I can see.

For Aussie companies, I don't think this has really big material impact really as demand is going to outstrip supply by a long way, long term. Probably effects sentiment more than anything.
 
Re: EVE - Energy Ventures

kennas said:
EVE consolidating nicely since the May sell off. Was trending now, but found good support around and just under $0.09 - 0.95, and now has slight resistance at $0.10.

Pretty choppy chart but seems to be starting a new trend sideway and slightly edging up since mid August low. Next real resistance at $0.12 once it clears $0.10 IMO.

Doesn't seem to much on the immediate horizon now. Furhter scoping studies, drilling Chisebuka once they have a rig, and further airborne radiometric surveys over the basin.

I've picked up a few at $0.10, waiting patiently for the next anns......


i agree here kennas.. alot of support here around these prices which means it would be ideal if you were looking for an entry into this stock, now would be a great time. Resistance 10c 11c, alot of selling around 11c... short term holders taking their profits. Volume has picked up since august and as the chart shows could possibly be the start of a nice uptrend, well we all hope so. Just dissapointed that the recent ann's didnt get the SP on a run, I couldve taken profits! Next week will be very interesting to see what happens!
 
Re: EVE - Energy Ventures

Anyone else get the impression that this stock is being propped up?

I can't count the number of times it has dropped below 10 cents with the result being someone buying enough to push it back up and usually just a couple of thousand shares does it.

Can we read anything into the reasoning behind this other than to keep it at the psychological 10 cents support line?
 
Re: EVE - Energy Ventures

blueroo said:
Anyone else get the impression that this stock is being propped up?

I can't count the number of times it has dropped below 10 cents with the result being someone buying enough to push it back up and usually just a couple of thousand shares does it.

Can we read anything into the reasoning behind this other than to keep it at the psychological 10 cents support line?

I think ur reading too much into it..
The spread is usually wide with this one; 10 the ask and 9.6 the bid or 10.5 the ask with the bid at 9.7. Sometimes the buyers step up and other times the sellers dump to the bid.

Seems pretty normal to me... :2twocents
 
Re: EVE - Energy Ventures

nizar said:
I think ur reading too much into it..
The spread is usually wide with this one; 10 the ask and 9.6 the bid or 10.5 the ask with the bid at 9.7. Sometimes the buyers step up and other times the sellers dump to the bid.

Seems pretty normal to me... :2twocents

Agree, but it's not really positive is it. Hardly any volume. Just off the radar of the big traders. I think it will have it's day. Getting one JORC under the belt is good darts. As YT has pointed out it's got a tiny market cap for the resource they could potentially have.
 
Re: EVE - Energy Ventures

Not concerned at all by daily price action on this. Where it sits at the moment around 10 cents makes it more volatile also market cap is low and shares fairly tightly held.

AIM listing is where re-valuation will kick in.

Wouldn't be suprised if some UK insto's came on board with the IPO.
As this would allow them to pick up a large parcel easily.
Particularly insto's that already have an interest in Albidon and OMC as EVE no doubt would have come up on their radars.

If the uranium price continues its current upward trend the U price should be above $60 by the time of listing.
:cool:
 
Re: EVE - Energy Ventures

kennas said:
Agree, but it's not really positive is it. Hardly any volume. Just off the radar of the big traders. I think it will have it's day. Getting one JORC under the belt is good darts. As YT has pointed out it's got a tiny market cap for the resource they could potentially have.

kennas,

have a look what happened to OMC when they released their JORC of 10million pounds. NOTHING. When they announced the sp was about 29c and then it actually drifted to 21c for no apparent reason. And then all of a sudden, because of a broker report and overseas buying they went from 30c to 90s in about 2 months. Its hard to know which news will lift the sp. BHP every broker is bullish and has mid-$30s target on it yet its still in the mid-20s, but thats another story.

the AIM listing will (IMO) have the same affect as hargreave hales rating on OMC had, because essentially it will do the same thing. It will bring awareness of AER to overseas investors. Its the best way for this company to have funding. As YT and myself have pointed out, EVE will get a substantial rerating just based on its holding of the AER asset and once big investors from UK and Europe find out that EVE is a cheaper avenue for exposure to AER.

im holding this one for its longer-term potential.

though between now and years end, its any1s bet where it can go. I personally reckon it wont go much below 10c.
 
Re: EVE - Energy Ventures

Alfredbra said:
market depth is looking bad :( this is not going to be good if it breaks the support of 9.5c.

alfredbra.
all the 1million plus volume days were massive up days.
when it goes down always low volumes. what does that tell you? that all those people (professionals i reckon, mums and dads wouldnt know about it, and traders wouldnt touch it coz its too illiquid, so that leaves professionals and instos that could have bought, but <5% so no declaration) are still in this.

so all those pros have bought and they have HELD. what are they holding for? im not sure, but gonna stick around to find out. and something tells me its not for 10-20% gains.

i actually thought about selling the other day (at a loss), and then i thought again, and decided, NO, these are for the bottom drawer.
 
Re: EVE - Energy Ventures

For some reason i don't even bother looking at charts with this one because this stock is so volatile. When people want to buy... a huge amount of volume shows up and when nothing happens it goes down with small volume. The only thing the charts tell me with this one is that there is always support between the 9 and 10 cents and resistance above 10 cents. So i wouldn't worry unless it goes down below 9 cents. :) Which i would probably buy more if it does.
 
Re: EVE - Energy Ventures

Beethoven said:
For some reason i don't even bother looking at charts with this one because this stock is so volatile. When people want to buy... a huge amount of volume shows up and when nothing happens it goes down with small volume. The only thing the charts tell me with this one is that there is always support between the 9 and 10 cents and resistance above 10 cents. So i wouldn't worry unless it goes down below 9 cents. :) Which i would probably buy more if it does.

Beethoven ur a good man :D
Im thinking along the same lines
 
Re: EVE - Energy Ventures

hmmmm 9.4c getting dangerously low here. not many buyers to many sellers pushing this down, lets see if we might get some big buyers at these low prices now
 
Re: EVE - Energy Ventures

Alfredbra said:
hmmmm 9.4c getting dangerously low here. not many buyers to many sellers pushing this down, lets see if we might get some big buyers at these low prices now


Alfredbra whats so dangerous about share price?

I know its annoying that this thing shoots up 30% in a few minutes, then will over a few weeks trickle down to 9c, its done it 2 or 3x now, but that doesn't change the fact that the resource is there, nor does it change the fact that its a uranium company with a decent JORC, with excellent management who are working hard to extract value from the company,

What the SP movement does show is that up to now alot of traders and short term punters have been buying this and now they are getting bored, simple

What would be dangerous would be trying to time this one because it DOES move up very quickly on volume, so if your thinking hmm its gone quiet maybe I should sella and since they're UK listing is a few weeks away I can always get back in, I say good luck to those with this strategy

And if I was going to buy more, I'd wait for it to bottom at 9c, but I have plenty

Those patient enough to ignore SP until say Early - Late Dec will certainly have a nice Christmas IMO,
 
Re: EVE - Energy Ventures

YOUNG_TRADER said:
Alfredbra whats so dangerous about share price?

I know its annoying that this thing shoots up 30% in a few minutes, then will over a few weeks trickle down to 9c, its done it 2 or 3x now, but that doesn't change the fact that the resource is there, nor does it change the fact that its a uranium company with a decent JORC, with excellent management who are working hard to extract value from the company,

What the SP movement does show is that up to now alot of traders and short term punters have been buying this and now they are getting bored, simple

What would be dangerous would be trying to time this one because it DOES move up very quickly on volume, so if your thinking hmm its gone quiet maybe I should sella and since they're UK listing is a few weeks away I can always get back in, I say good luck to those with this strategy

And if I was going to buy more, I'd wait for it to bottom at 9c, but I have plenty

Those patient enough to ignore SP until say Early - Late Dec will certainly have a nice Christmas IMO,

Agree wholly.

Im keeping these until AT LEAST december 31st, after which the AIM listing will be finalised.

If AIM listing goes well and we see 20c then i mite even top up as the future will look all the brighter for this company as their resource, once they drill it, could end up being massive.

I remember this went to 8,7c in august before their recent announcements. Under 9c and the big boys may be coming in to protect their holdings.

LOOK AT THE HISTORICAL COURSE OF SALES AND SEE HOW MANY SHARES WERE TRADED AT 11C+ - PLENTY!!

Those guys are not selling at these cheap prices and neither am I
 
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