MHL - Monitor Energy
- Thread starter YOUNG_TRADER
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- mhl monitor energy
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Hi fellas, I bought in yesterday 
Perhaps I have brought some luck with me ............................................................
Perhaps I have brought some luck with me ............................................................
- Joined
- 30 July 2007
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Not all the trades but here is the current depth screen
MHL.ASX - Monitor Energy Ltd - Ordinary Fully Paid
Trades =Total 11,179,304 shares worth $390,768
Bids
Quantity No. Price
228,364 2 3.6
1,165,926 7 3.5
1,100,000 4 3.4
800,000 4 3.3
3,830,376 5 3.2
2,158,373 4 3.1
4,375,300 11 3
445,000 3 2.9
729,178 6 2.8
698,888 3 2.7
3,650,000 3 2.6
2,590,000 7 2.5
605,000 3 2.4
310,000 3 2.3
544,000 3 2.2
Asks
Price No. Quantity
3.7 6 2,593,491
3.8 9 1,650,000
3.9 7 1,400,352
4 17 3,456,843
4.1 4 1,050,200
4.2 5 416,000
4.3 2 103,000
4.4 5 1,410,424
4.5 2 278,000
4.6 2 160,000
4.8 4 255,000
4.9 2 700,000
5 5 911,906
6 1 70,000
6.2 1 8,548
Recent Trades
Price Volume Time Cond
3.6 60,000 11:10
3.6 256,636 11:09
3.6 152,364 11:09
3.6 160,000 11:09
3.6 431,000 11:09
3.7 36,860 11:08 XT
3.6 69,000 11:01
3.6 31,000 11:01
3.6 22,000 11:00
3.6 68,000 10:59 XT
3.6 20,000 10:58 XT
3.6 140,000 10:57
3.6 500,000 10:56
3.6 1,000,000 10:55
3.6 350,000 10:55
- Joined
- 17 October 2007
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Don't feel bad mate i bought in at .036 as well just before it went down to .030
and to rub even more salt into it the shares i sold to buy into MHL went up 30% right after i sold. So if i had a chance to do it over I should of waited a week and i would of saved about 2.5k .
- Joined
- 7 February 2007
- Posts
- 314
- Reactions
- 3
Dont be to stressed boys by buying in the 3,s i think it will turn into a very good move .
After reading between the lines in the annual this baby is set for some very good news Re JV,s and the U308 play............ the stage is set now and all it needs is some time for it to play out.... sit tight and knit some sox,s or something because MHL will reward the paitent given the fullness of time
After reading between the lines in the annual this baby is set for some very good news Re JV,s and the U308 play............ the stage is set now and all it needs is some time for it to play out.... sit tight and knit some sox,s or something because MHL will reward the paitent given the fullness of time
- Joined
- 7 February 2007
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And a couple of things from the Annual to help the stress factor
Hint of a possible major future announcement Re U308:
In the Annual Financial Report Chairman Scott Spencer states:
"At the time of writing a gravity survey over potentially prospective areas on the Company’s licences is well
advanced.
Preliminary examination of the data obtained indicates that it is of good quality and can be expected
both to substantiate the Company’s geological interpretation and to help with the optimal design of a new seismic survey.
This is the essential next step in the exploration cycle and the Company is making preparations for a costeffective survey, including discussions, now at an advanced stage, with potential industry partners to share the cost and the risk".
Re OIL
The Company is continually assessing its strategy to
deliver shareholder value and as such is in the final
stages of negotiations with an Oil & Gas Joint
Venture Partner to assist with the next exploration
phase, seismic acquisition and well drilling on the
Petroleum licenses. Working with joint venture
partners in both uranium and petroleum allows the
Company to continue to build its energy portfolio in
other geomarkets. The Company is currently
appraising early production opportunities in China,
South East Asia and the former Soviet Union areas
Wooooooooooo Hoooooooo bring it on MHL
Hint of a possible major future announcement Re U308:
In the Annual Financial Report Chairman Scott Spencer states:
"At the time of writing a gravity survey over potentially prospective areas on the Company’s licences is well
advanced.
Preliminary examination of the data obtained indicates that it is of good quality and can be expected
both to substantiate the Company’s geological interpretation and to help with the optimal design of a new seismic survey.
This is the essential next step in the exploration cycle and the Company is making preparations for a costeffective survey, including discussions, now at an advanced stage, with potential industry partners to share the cost and the risk".
Re OIL
The Company is continually assessing its strategy to
deliver shareholder value and as such is in the final
stages of negotiations with an Oil & Gas Joint
Venture Partner to assist with the next exploration
phase, seismic acquisition and well drilling on the
Petroleum licenses. Working with joint venture
partners in both uranium and petroleum allows the
Company to continue to build its energy portfolio in
other geomarkets. The Company is currently
appraising early production opportunities in China,
South East Asia and the former Soviet Union areas
Wooooooooooo Hoooooooo bring it on MHL
hi mobcat
just read the report also, some great news in it... todays share price increase could have been a precursor to it!
industry partners... early production opportunities in asia, china and former soviet areas.... geez... this is looking pretty interesting now
just read the report also, some great news in it... todays share price increase could have been a precursor to it!
industry partners... early production opportunities in asia, china and former soviet areas.... geez... this is looking pretty interesting now
- Joined
- 7 February 2007
- Posts
- 314
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- 3
And he,s the quarterly full of lots of goodies for the last 1/4 of 2007 for MHL looks like one we will remember . Big company foundation moves in progress and progressing very well in a nutshell ........And the boys on top have done it before pretty to watch this one pan out .
Monitor Energy Ltd
ABN 25 009 121 644
QUARTERLY ACTIVITIES REPORT
FOR THE THREE MONTHS ENDED 30 SEPTEMBER 2007
Summary
Monitor Energy Ltd (“Monitor”, or “the Company”) has continued to advance its oil
and gas and uranium projects in the Kyrgyz Republic. This quarter has seen the
commencement of an extensive gravity survey of the oil and gas licences and the
approval for drilling at the Company’s Minkush Uranium Project, in joint venture
with Leopard Minerals Plc.
Kyrgyz Oil and Gas Projects
Monitor Energy holds a strategic and highly prospective suite of oil and gas
licences in the Kyrgyz republic, totalling in excess of 11,000kms².
During this quarter, the Company commenced an extensive gravity survey over
the oil and gas licences in the Kyrgyz Republic and has progressed discussions with
third parties for potential farm out.
The Company has contracted PT Tunggal Buana Utama, a gravity consultancy
company based in Indonesia, to conduct the gravity survey, using state of the art
gravity metres purchased by the Company. This survey is designed to identify
potentially shallow drill targets as well as allow better targeting of seismic surveys
planned for next field season.
The field data acquisition has progressed well, with the southern, At Bashi blocks
completed, and progress on the north eastern Issyk Kul licences is well advanced,
with completion anticipated in late November. Once this has been achieved,
data processing and interpretation will commence and should be completed by
the end of the coming quarter. Early processing results show good correlation with
Soviet era gravity and seismic but with improved accuracy and structural definition
of the Basin.
The Company has continued discussions with third parties for the possible farm out
of the Kyrgyz oil and gas licences and anticipates a favourable outcome in the
near term. This will include expenditure for seismic surveys and well drilling.
During this quarter, the company has continued reviewing oil and gas opportunities
in other parts of the world, with a focus on near term production. Several projects
are of interest to the Company, and the Company will continue this process into
the future.
Background Information on oil and gas in the Kyrgyz Republic
The Kyrgyz Republic in Central Asia is a former Soviet state which declared
independence in 1991. Since independence, the country has undertaken
economic and political reforms and has undergone a transition to a market
oriented economy. Oil and gas exploration in Kyrgyz Republic has been severely
curtailed since the country became independent in 1991 and funding under
former Soviet arrangements was no longer available. Interest in oil & gas
exploration has increased with Santos International Operations Pty Ltd farming into
Caspian Oil & Gas Limited’s projects by spending up to US$24 million on a staged
basis by June 2009.
Monitor is in a privileged position to participate in the evolving oil and gas sector of
the Kyrgyz Republic and is actively pursuing additional opportunities with potential
for early oil and gas production.
Central Asia is becoming one of the worlds emerging oil and gas regions, with
substantial fields located in China, close to the southern Kyrgyz border, Kazakhstan,
Uzbekistan, Tajikistan and Azerbaijan. The Chinese government has recently signed
an agreement with both the Kyrgyz and Kazak governments to build a supply
pipeline from Kazakhstan through Kyrgyzstan to supplement China’s
unprecedented demand for oil and gas. Exploration in the region has accelerated
over the past few years, with foreign investment reaching record levels.
Kyrgyz Uranium Projects
The Company entered into a strategic Joint Venture with Leopard Minerals Plc,
whereby the Company and Leopard combined their five uranium projects,
totalling 2,224 kms² in the Kyrgyz republic on a 50:50 cost share basis, with Leopard
Minerals as operator of the Joint Venture, given their expertise in uranium
exploration.
In this quarter, all relevant permits were acquired to commence a diamond drilling
program at the Kashkasu ll Project, located in central Kyrgyz Republic. Road
access has subsequently been upgraded and drill sites prepared. Field crews have
been deployed to prepare for commencement of drilling.
The Kashkasu II deposit was the focus of extensive exploration during the 1950s,
with underground workings to a depth of approximately 160m and strike length of
approximately 800 metres. Uranium mineralisation is hosted by coal measures and
adjacent sand stones. All sampled mineralised units remain open at depth, and
there is indication of increasing width and grade with depth.
Mineralised widths vary from about 0.5-8m, averaging about 2.5m. Sampled
grades typically vary from about 0.03-0.2% uranium, but are up to 1.4% in places.
The Company has copies of original geological and mineralisation models,
including mining block models, underground development maps and section
plans.
Yours sincerely
Jon Roestenburg
Managing Director
Nice hey looks like the U308 will show its worth this 1/4 and a JV,s in the bag all it needs is for the curly tops to sign off on it Nice
.Monitor Energy Ltd
ABN 25 009 121 644
QUARTERLY ACTIVITIES REPORT
FOR THE THREE MONTHS ENDED 30 SEPTEMBER 2007
Summary
Monitor Energy Ltd (“Monitor”, or “the Company”) has continued to advance its oil
and gas and uranium projects in the Kyrgyz Republic. This quarter has seen the
commencement of an extensive gravity survey of the oil and gas licences and the
approval for drilling at the Company’s Minkush Uranium Project, in joint venture
with Leopard Minerals Plc.
Kyrgyz Oil and Gas Projects
Monitor Energy holds a strategic and highly prospective suite of oil and gas
licences in the Kyrgyz republic, totalling in excess of 11,000kms².
During this quarter, the Company commenced an extensive gravity survey over
the oil and gas licences in the Kyrgyz Republic and has progressed discussions with
third parties for potential farm out.
The Company has contracted PT Tunggal Buana Utama, a gravity consultancy
company based in Indonesia, to conduct the gravity survey, using state of the art
gravity metres purchased by the Company. This survey is designed to identify
potentially shallow drill targets as well as allow better targeting of seismic surveys
planned for next field season.
The field data acquisition has progressed well, with the southern, At Bashi blocks
completed, and progress on the north eastern Issyk Kul licences is well advanced,
with completion anticipated in late November. Once this has been achieved,
data processing and interpretation will commence and should be completed by
the end of the coming quarter. Early processing results show good correlation with
Soviet era gravity and seismic but with improved accuracy and structural definition
of the Basin.
The Company has continued discussions with third parties for the possible farm out
of the Kyrgyz oil and gas licences and anticipates a favourable outcome in the
near term. This will include expenditure for seismic surveys and well drilling.
During this quarter, the company has continued reviewing oil and gas opportunities
in other parts of the world, with a focus on near term production. Several projects
are of interest to the Company, and the Company will continue this process into
the future.
Background Information on oil and gas in the Kyrgyz Republic
The Kyrgyz Republic in Central Asia is a former Soviet state which declared
independence in 1991. Since independence, the country has undertaken
economic and political reforms and has undergone a transition to a market
oriented economy. Oil and gas exploration in Kyrgyz Republic has been severely
curtailed since the country became independent in 1991 and funding under
former Soviet arrangements was no longer available. Interest in oil & gas
exploration has increased with Santos International Operations Pty Ltd farming into
Caspian Oil & Gas Limited’s projects by spending up to US$24 million on a staged
basis by June 2009.
Monitor is in a privileged position to participate in the evolving oil and gas sector of
the Kyrgyz Republic and is actively pursuing additional opportunities with potential
for early oil and gas production.
Central Asia is becoming one of the worlds emerging oil and gas regions, with
substantial fields located in China, close to the southern Kyrgyz border, Kazakhstan,
Uzbekistan, Tajikistan and Azerbaijan. The Chinese government has recently signed
an agreement with both the Kyrgyz and Kazak governments to build a supply
pipeline from Kazakhstan through Kyrgyzstan to supplement China’s
unprecedented demand for oil and gas. Exploration in the region has accelerated
over the past few years, with foreign investment reaching record levels.
Kyrgyz Uranium Projects
The Company entered into a strategic Joint Venture with Leopard Minerals Plc,
whereby the Company and Leopard combined their five uranium projects,
totalling 2,224 kms² in the Kyrgyz republic on a 50:50 cost share basis, with Leopard
Minerals as operator of the Joint Venture, given their expertise in uranium
exploration.
In this quarter, all relevant permits were acquired to commence a diamond drilling
program at the Kashkasu ll Project, located in central Kyrgyz Republic. Road
access has subsequently been upgraded and drill sites prepared. Field crews have
been deployed to prepare for commencement of drilling.
The Kashkasu II deposit was the focus of extensive exploration during the 1950s,
with underground workings to a depth of approximately 160m and strike length of
approximately 800 metres. Uranium mineralisation is hosted by coal measures and
adjacent sand stones. All sampled mineralised units remain open at depth, and
there is indication of increasing width and grade with depth.
Mineralised widths vary from about 0.5-8m, averaging about 2.5m. Sampled
grades typically vary from about 0.03-0.2% uranium, but are up to 1.4% in places.
The Company has copies of original geological and mineralisation models,
including mining block models, underground development maps and section
plans.
Yours sincerely
Jon Roestenburg
Managing Director
Nice hey looks like the U308 will show its worth this 1/4 and a JV,s in the bag all it needs is for the curly tops to sign off on it Nice
- Joined
- 18 February 2006
- Posts
- 4,200
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- 2
I know that there's an opportunity cost of having capital tied up, but good things come to those who wait,
And I'm waiting for the Oil JV
CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
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- Joined
- 30 July 2007
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Dow down , Dubious reporting from the FED, Everyone is looking for a parachute and MHL is up 9.1% this morning. You gotta smile even though it probably wont last out the day.
- Joined
- 29 November 2006
- Posts
- 568
- Reactions
- 5
Well it has just hit .038. Certainly a bit of an interesting rally considering the rest of todays activities.
I know that there's an opportunity cost of having capital tied up, but good things come to those who wait,
And I'm waiting for the Oil JV
Yes. Thank you! I take back what I said earlier. Sellers seem to have suddenly disappeared this morning, on a big red day too. Makes you wonder who was doing all the selling in the last 2 weeks.
- Joined
- 29 October 2006
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Hitting the wall at 4 ... but with good volume to push it through. Could be in for a very nice move today if it breaks the 4
- Joined
- 29 November 2006
- Posts
- 568
- Reactions
- 5
Fair bit of people dumping it at 4 though. Needs much more volume. And to think....I was thinking it was going to be a buying oppurtunity today.
Hitting the wall at 4 ... but with good volume to push it through. Could be in for a very nice move today if it breaks the 4
