Australian (ASX) Stock Market Forum

Re: OUTSTANDING BREAKOUT Alerts!!

nizar said:
LOL translation please??

Woops, changed now :p

Im in with a substantial holding at 20.5cents, possibly just for the day depending on how it goes.
 
Re: OUTSTANDING BREAKOUT Alerts!!

CDU - Cudeco Limited

The market liked the ANN today and up 52 cents (12%) to $5.00 since trading started 15:10

Moving upwards fast since trading started
 
Re: OUTSTANDING BREAKOUT Alerts!!

Something about a deal with ZFX? just caught the tailend of the ann.
 
Re: OUTSTANDING BREAKOUT Alerts!!

SMA and ZFX ANN

CanOz

http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00676043

Zinifex joint ventures with SmartTrans near Century
Date: 7 December 2006
FOR IMMEDIATE RELEASE
SmartTrans Holdings Limited (SMA) has signed a binding joint venture agreement with Zinifex Australia Limited on SmartTrans’ advanced exploration tenements covering 56,320 hectares near the Century zinc mine in North Queensland.

The agreement allows Zinifex to earn 70% equity in the project by spending at least $10 million over 7.5 years on exploration and completing a bankable feasibility study.

Zinifex will manage the joint venture and will start work this month. It will spend at least $1,000,000 during the next 18 months. If Zinifex then proceeds to the second and third stages it will spend at least another $9,000,000 within the following six years.

Upon completion of Stage 3 including finalisation of a bankable feasibility study, Zinifex will acquire 70% equity in the project. No equity is earned prior to completion of stage 3.

SmartTrans will then have the option to contribute funds to the project in proportion to its 30% equity or to not contribute and dilute its interest. SmartTrans also has an option to convert its 30% equity to a Net Smelter Return Royalty of 2.5% if and when a decision to mine is made.

SmartTrans chairman John Forsyth said he was buoyed by Zinifex’s vast knowledge of the geological and mining environment in the area, its proven technical expertise and financial capacity.

“Zinifex is the ideal joint venture partner for this project”, he said.
 
Re: OUTSTANDING BREAKOUT Alerts!!

This one could move more tomorrow, one to watch for sure.

Cheers,
 
Re: OUTSTANDING BREAKOUT Alerts!!

Freeballinginawetsuit said:
It certainly did! With volume and tight board spreads. Would have been some profits on that one today.

You know we need for this, some fundy stuff to give us an idea of where this SP should be!

Cheers,
 
Re: OUTSTANDING BREAKOUT Alerts!!

CanOz said:
You know we need for this, some fundy stuff to give us an idea of where this SP should be!

Cheers,
Did I just really read that SMA went up 133% today? What the?
 
Re: OUTSTANDING BREAKOUT Alerts!!

Im in with SMA at .042 ;) (at 4.00pm again ) - see what tomorrow brings :2twocents
(Sado Masochists Anonymous)
 
Re: OUTSTANDING BREAKOUT Alerts!!

2020hindsight said:
Im in with SMA at .042 ;) (at 4.00pm again ) - see what tomorrow brings :2twocents
(Sado Masochists Anonymous)

Interesting play getting in after a 133% rise. Granted its in a JV with ZFX, but how much higher can it go... into the 10's of cents?
 
Re: OUTSTANDING BREAKOUT Alerts!!

Dave31 said:
Interesting play getting in after a 133% rise. Granted its in a JV with ZFX, but how much higher can it go... into the 10's of cents?
yep I've probly screwed up ;)
but 3.52 pm I saw novski's post.
by then it was too late ;) - which must be a common problem around here yes ? I mean - its frequently a case of trying to shut the gate after the horse has bolted (I imagine?) - appreciate any comments -

Another way to ask this .. Is the thread only for people who watch their monitors 24/7 ?
Or another.. if a day is a long time in politics , then so too is a minute on the ASX (yes?) :2twocents

PS I was comforted to see a lot more purchases at 0.042 at 4.10pm ;)
PS I sold CBH to do it. Might swap back again in a week or so - depending on which way the water flows down the zinc.
 
Re: OUTSTANDING BREAKOUT Alerts!!

2020hindsight said:
Im in with SMA at .042 ;) (at 4.00pm again ) - see what tomorrow brings :2twocents
(Sado Masochists Anonymous)
Hindsight I hope you will be ready to jump out tomorrow.
Good luck to you on this .

Bob.
 
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