forsys neue Kursrakete ?

 

Im plus geschlossen.

Schauen wir mal was die Woche noch so passiert.

greetz joker
--------------------------------------------------


In einer Irrsinnigen Welt vernünftig sein zu wollen, ist schon wieder ein Irrsinn für sich.

(Voltaire)

 

zu sehen sind müßten Morgen grün Eröffnen, mal schauen was uns hier noch erwartet immerhin hat ja die Woche noch ein paar Tage ;-)  

SK in Kanada 5,45 und das untern sehr Hohem Volumen vorallem zum Schluß!  

in der Namibischen Presse ;-)


Namibia: Mining Company Seeks U.S. $38 Million
New Era (Windhoek)
January 15, 2007
Posted to the web January 16, 2007

Windhoek

Forsys Metals Corp, which owns the Valencia Uranium project, said it is seeking to raise US$38 million to fund the initial development of its Namibian operation as well as procure mining equipment.

In a statement, the Canadian-based Forsys Metals, which is also pursuing gold and diamond interests in Namibia, said it has engaged Salman Partners Inc to be the lead financiers in raising the US$38 million.

Forsys said that it has floated 8 million common shares at US$4.75 per share with an over-allotment option of an additional 2 million shares for gross proceeds up to US$47.5 million.

"Proceeds will be used by the company to advance development of the Valencia Uranium project, including advanced ordering of long-lead time items and equipment required for the project."

"In addition, certain amounts of the proceeds will be used for general working capital purposes and the development of the company\'s other uranium properties," Duane Parnham, Forsys Metals chief executive said.

Company officials have previously said that the Valencia Uranium project could come on stream in the next two years.

Government last December granted Forsys Metals another exclusive prospecting licence for uranium in the west-central part of the country.

Should it come on stream, Valencia is going to be Namibia\'s third uranium mine following the successful commissioning of Langer Heinrich Uranium mine on December 28 last year.

Langer Heinrich is owned by Australian Stock Exchange (ASX)-quoted Paladin Resources.

Forsys Metal\'s Valencia Uranium deposit is located 35 km along the geological strike from Rössing Uranium mine and approximately 40 km north of the Langer Heinrich deposit.

"This is a gigantic uranium deposit that it geologically similar to Rössing," said Parnham.

In a related development ASX-listed West Australian Metals (WME), the latest firm to join the rush for Namibia\'s uranium, last Thursday announced a discovery of rich deposits of the highly priced mineral at its Marenica project in Namibia.

WME said that sampling had revealed widespread, near surface mineralisation and identified possible extensions outside the main prospected area.

Company officials said that the Marenica project has confirmed mineralisation in excess of 100 metres in width and grades up to 1 005 ppm (0.10 percent) uranium oxide within the trenches.

WME said that it has sunk in US$1.9 million into exploration though the firm did not indicate when it would move to commercially exploit the uranium deposits.

"The company is most encouraged by these latest results which follow the widespread areas of significant uranium mineralisation reported from phase one of our trench and pit geo-chemical sampling program," said technical director Leon Reisgys in a statement.

Analysts say that WME\'s positive findings also confirm Namibia as the Australian investors\' new uranium frontier.

Australian firm Paladin Resources commissioned its US$92 million Langer Heinrich mine in the last weeks of December 2006.

"In particular, the results now available confirm the finding that the highest uranium grades are in trenches located in the most north-western and southern trenches indicating likely extensions, or the presence of higher grade zones outside the sampled area," Reisgys added.

Namibia, which is estimated to hold Africa\'s second largest reserves of uranium, is a uranium-friendly mining country. In October 2005 Mines and Energy Minister Erkki Nghimtina told the National Assembly: "Namibia should consider exploiting its uranium ore reserves in the light of world uranium prices."

Uranium industry analysts estimate global demand for the mineral to will double in the next 25 years, fuelled by China\'s ambitious plan to increase nuclear energy capacity five-fold to 40 gigawatts by 2020, equalling Russia\'s nuclear plans for 2030, and twice as large as India\'s plans.

Analysts say that there are 28 nuclear reactors under construction globally whilst another 62 are being planned. Japan intends to add 11 more by 2010 and China 24 by 2020.

Market watchers say that about 440 nuclear reactors in the world require more than 154 million pounds of uranium from mines and stockpiles per annum.

The demand for the mineral has seen uranium prices doubling last year and are up six-fold in the last five years at US$72 per pound.

Analysts have raised 2008 uranium prices forecast by 78 percent, citing increasing demand and delays in new mine output and increased demand from nuclear reactors being built in China and India.

The Namibian government said that it has issued 15 uranium exploration licences during the past six months.


http://allafrica.com/stories/200701161135.html
 

seit Tagen decken sich schon die Großen Adressen in Kanada ein und haben den Kurs dabei fest im Griff, also würde sagen ist jetzt nur eine Frage der zeit bis der Kurs wieder abhebt ;-)


Auf diese News warten die Forsyanern:

- Erfolgreiche PP (kann jeden Tag erscheinen!)
- Resourcenschätzung
- Update des 43-101 Reports  

über den Tisch gehen.  

 

super-rakete ( uran-betrieben g*) in aller munde ist ,sollten nun endlich
auch die canadier kapieren , dass man das teil kaufen und haben muss ;-)

@oli - schön ,dass wir 2 rechtzeitig rein sind - ich habe aber nur noch 1500  ;-(  

auch wieder am Ball, ja recht hast du und wird auch zeit das die kanadies drüben mal die Handbremse loslassen ;-)  

mal abwarten ;-)  

greetz joker

http://www.forum-aufschalke.de/images/avatars/avatar-19772.gif  

Jemand (eine Starke Hand) hat den Kurs drüben fest im Griff :-))  

.. sich zu Wort melden, denn lange können die denn Kurs auch nicht mehr festhalten, den der Kaufdruck wächst von Tag zu Tag ;-)  

January 18, 2007
By Rudi Filapek-Vandyck, Editor of FNArena.com

A Big Year Ahead For Uranium


Rudi Filapek-Vandyck, editor of FNArena.com
http://www.fnarena.com



Amidst the severe turmoil on global commodity markets in the first three weeks of January one commodity has stood out like a solid oak in the middle of a corn field: uranium.

Admittedly, buying and selling on the open spot market has been rather quiet so far this year. But then again, the spot price for U3O8 (uranium oxide) made a few gigantic leaps in the final quarter of calendar 2006 finishing the year at an unexpected US$72/lb - more than double the US$35/lb recorded at the beginning of 2006.

So far, the spot price has not moved from its record high price level in January.

Even more important is that market insights and price forecasts have made a few quantum leaps over the past few weeks as well. It would appear that the wider investment community has finally taken notice of the paradigm shift that has occurred in the uranium market over the past 36 months or so.

The flooding of Cameco\'s Cigar Lake project in particular seems to have convinced a few more experts that uranium is indeed a latecomer in this Super Cycle with producers and explorers bound to enjoy another year of strong spot price momentum at a time when the outlook for most other commodities seems less clear cut, to say the least.

The latest expert to join the queue of former skeptics who turned unquestionably bullish is Deutsche Bank. The broker reported on Tuesday it had significantly increased its price forecasts for the next three years.

Deutsche Bank notes how the price for uranium has not weakened since it took off in 2003. The broker\'s revised price forecasts suggest investors and market enthusiasts should not have to worry anytime soon with the new estimates predicting steadfastly further climbing prices - at least until mid-2009.

Before the flooding of the Cameco mine, uranium was enjoying strong support from increasing global demand and a supply deficit forecast until at least 2009 (although not everyone was convinced about this fact). Post the flooding the sector, and those following it, simply had to come to terms with the fact that circa 10% of projected new supply will not become available anytime soon.

Cameco, the world\'s largest producer of uranium representing circa 21% of global supply, is expected to update the market on its Cigar Lake project on February 6 and 7. No doubt, this will be the most anticipated event within the sector for a long time.

Deutsche Bank analysts believe the flooding of the Canadian mine has altered the industry for many years to come. "Like other commodities which have witnessed phenomenal price increases, the uranium market will eventually restrain itself as exploration and production increases and newer forms of supply are introduced to the market. Nevertheless, until this situation unfolds, we expect continued strength and greater increases in the spot price", the report states.

So far Cameco management has only conceded that the flooding at Cigar Lake might delay production by circa twelve months. Deutsche Bank believes the market has priced in a delay by two years.

Regardless of whether this is true or false, the broker believes it will take years to bring supply and demand in balance - even when scenarios such as the potential release of secondary material by either Russia or the US government are taken into account.

An ongoing tight uranium market is projected to catapult the U3O8 spot price to above US$100/lb by the third quarter of calendar 2007. As Deutsche Bank has put an average spot price of US$100/lb for the whole year in its projections, a logical conclusion is that the price will spike much higher than the magical US$100/lb in the second half of this year.

The average price forecast for calendar 2008 now stands at US$105/lb, while 2009 should see a gradual retreat as the year unfolds leading to a projected average price of US$90/lb.

How much value should we adhere to these projections?

Our colleagues at Stockinterview.com amassed a few more price revisions by some experts in the market. At Merrill Lynch analysts Vicky Binns and Daniel Hynes have penciled in average prices of US$75/lb for this year and US$80/lb for 2008. Adam Schatzker at RBC Capital, however, agrees with Deutsche Bank and predicts a US$100/lb spot price average for calendar 2007.

Patricia Mohr, Vice President of Economics at Scotiabank, sees uranium averaging US$80 throughout the current calendar year, but reaching US$90/lb in the final quarter. Bart Jaworski at Raymond James has put the 2007 price average at US$90, while forecasting US$100/lb for both 2008 and 2009.

When US based analysts at JP Morgan caught up with the new reality in November last year they did what Deutsche Bank (and most experts) has refused to do so far: they raised their long term price estimate to US$70/lb.

JP Morgan forecasts a 2007 price average of US$90/lb, with estimates for the subsequent three years set at US$80/lb.

In Australia, politics will play a major role throughout the year. In April the Labor party\'s national meeting is on the agenda. FNArena has received confirmation from inside the party that the new leaders expect the party to abandon its stringent no-extra uranium mining policy.

In December analysts at ABN Amro stated they believed a change in policy would lead to a re-rating of the Australian uranium explorers and potentially trigger further consolidation in the sector. It seems but logical that investors will treat an official change in view by Australia\'s leading opposition party -and current ruler in every state of the Federation- as a first step towards a more uranium mining friendly environment in Australia.

Later in the year the Federal government will announce new elections.

- Rudi Filapek-Vandyck  

Forsys buys Weatherly non-core Namibian mining assets

By: Rodrick Mukumbira
Posted: \'17-JAN-07 12:00\' GMT © Mineweb 1997-2006

WINDHOEK (Mineweb.com) --TSX-listed exploration and development company Forsys Metals Corp has parted with 2 million shares and US$1 million for two of AIM-quoted British company Weatherly International plc’s non-core mining assets in Namibia.

The assets include the Khorixas mining lease and the entitlement to the 15 percent stake in the Ondundu joint venture, both held by Weatherly\'s Namibian copper mining and smelter subsidiary, Ongopolo Mining and Processing Limited.

Given Tuesday’s share price of Forsys, the total value of the transaction is in excess of US$10 million, Weatherly said in a statement.

Weatherly acquired Ongopolo last year after purchasing a majority shareholding by paying US$9 million in cash to a number of lenders and issuing 47 million shares to the same lenders to convert all the outstanding debt into shares.

In addition, the option to acquire the remaining 10 percent of the Valencia Prospect Licence also held by Ongopolo has been exercised and this is now 100 percent owned by Forsys. The licence covers a known uranium deposit which Forsys is seeking to develop, situated 35 kilometres along geological strike to Rio Tinto Group’s Rössing Uranium Mine and 40 kilometres north of Paladin Resources’ Langer Heinrich Uranium Project.

Forsys reported earlier this month that it is seeking to raise US$38 million to fund the initial development of the Valencia project as well as to procure long lead time mining equipment.

The Valencia project would be the second new uranium mine being developed in Namibia after AIM-quoted UraMin’s Trekkopje project.

“We are delighted to have been able to further cement our relationship with Forsys and to acquire a valuable stake in that company. This transaction has further served to consolidate Weatherly as a major player in the African mining industry with its widening range of copper, zinc and uranium assets,” said Rod Webster, CEO of Weatherly.

Separately, Ongopolo and one of the Forsys group companies have also entered into a joint venture for the exploration and development of the Elbe copper prospecting licence in Namibia.


http://www.mineweb.net/whats_new/591428.htm


 

sobald sich die Forsys selbst zu Wort meldet und eine von den Erwarteten Nachrichten verkündet dann müßte es wieder keinen Halten mehr geben ;-)

- Erfolgreiche PP (kann jeden Tag erscheinen!)
- Resourcenschätzung
- Update des 43-101 Reports    

Toll, wie Du das immer hier up to date hälst  

 

 

 

 

ich weiß mit bescheidenen Umsätzen  

.. auch mitmachen, wenn ja sehen wir ganz schnell Kurse über 3,80 ;-)  

im fast nur Einkaufen