Efter at Nippon gjorde mig opmærksom på NAUR, har jeg copy/pastet lidt om aktien og finder den yderst interessant på længere sigt. Især pga. stigende udsigter for stålpriserne
Tata Steel raises its long-term iron ore price to USD 130-140/tons
• Tata is forecasting long-term iron ore prices in the range of USD130-140/tons. According to a news article, Tata Steel expects tight supply of iron ore to last until 2016-2018, as there are limited of new capacity scheduled for the period. Tata Steel is the world's seventh-largest steel producer, with production capacity above 28mtpy and hence high iron ore demands.
• Upside in iron ore price. Based on our long-term iron ore price of USD 110/ton (FOB Narvik) and cash cost of USD 60/ton, our NAV yields NOK 30 per share for NAUR. However, if increase our iron ore price assumption to USD 130/ton, which is the low end of Tata Steel's forecast, our NAV yields NOK 45 per share. Based on USD 140/ton, our NAV yields NOK 55 per share and finally market-to-market valuation, which shows the upside potential to our NAV (with iron ore spot price of USD 180/ton), yields NOK 90 per share.
• Newsflow ahead. Going forward we expect strong newsflow from Northland. The resource updates for the Hannukainen and Pellivuoma pit are expected released in Q2. More importantly is the feasibility study for Kaunisvaara logistics, which is expected in mid-April and should provide updated capex and cash cost estimate for transportation. This should de-risk the project further.
• Arctic Buy, target NOK 30. We find the comments from Tata Steel very positive for Northland, as it highlight the upside found in our very conservative iron ore price assumption. Northland is currently in the construction phase and production is less than two years away. The company's mining assets are located in Northern Sweden and Finland, hence Northland should benefit from stable political environment and strong governmental support onwards. We reiterate our BUY recommendation, with target NOK 30 per share.
Lidt om potentialet:
http://www.hegnar.no/analyser/article583028.ece
Tata Steel raises its long-term iron ore price to USD 130-140/tons
• Tata is forecasting long-term iron ore prices in the range of USD130-140/tons. According to a news article, Tata Steel expects tight supply of iron ore to last until 2016-2018, as there are limited of new capacity scheduled for the period. Tata Steel is the world's seventh-largest steel producer, with production capacity above 28mtpy and hence high iron ore demands.
• Upside in iron ore price. Based on our long-term iron ore price of USD 110/ton (FOB Narvik) and cash cost of USD 60/ton, our NAV yields NOK 30 per share for NAUR. However, if increase our iron ore price assumption to USD 130/ton, which is the low end of Tata Steel's forecast, our NAV yields NOK 45 per share. Based on USD 140/ton, our NAV yields NOK 55 per share and finally market-to-market valuation, which shows the upside potential to our NAV (with iron ore spot price of USD 180/ton), yields NOK 90 per share.
• Newsflow ahead. Going forward we expect strong newsflow from Northland. The resource updates for the Hannukainen and Pellivuoma pit are expected released in Q2. More importantly is the feasibility study for Kaunisvaara logistics, which is expected in mid-April and should provide updated capex and cash cost estimate for transportation. This should de-risk the project further.
• Arctic Buy, target NOK 30. We find the comments from Tata Steel very positive for Northland, as it highlight the upside found in our very conservative iron ore price assumption. Northland is currently in the construction phase and production is less than two years away. The company's mining assets are located in Northern Sweden and Finland, hence Northland should benefit from stable political environment and strong governmental support onwards. We reiterate our BUY recommendation, with target NOK 30 per share.
Lidt om potentialet:
http://www.hegnar.no/analyser/article583028.ece
25/3 2011 15:40 Nippon1976 5
40594 Hej Mads
Her lige et chart som lovet. Jeg har lige lagt et par modstand/støtte streger på, samt en lidt trendkanaler.
På dagschart er vi stadig i optrend og om det er den røde eller den lilla kanal der er valid, kan være svært at spå om. Indtil videre forholder jeg mig til begge.
Naur har givet første købssignal ved brud af trekant.
Næste købssignal vil være brud på sma50, herefter vil den også lave et bow tie.
Den har også givet købssignal på på Macd og RSI, men et bulish cross på macd´en og et brud ud af den nedadgående trendkanal på RSI.
Weekly chart er mere neutralt. Vi har hoppet op i trendkanalen igen.
Vi har et svagt købssignal på RSI men MACD´en er stadig bearish og har ikke givet købssignal.
I forhold til, at hvis man handler langstigtet, så ville jeg nøjes med at forholde mig til weekly charts og afvente købssignal der eller som minumum ikke købe for mere end et tredjedel af det beløb man har tænkt sig at købe for.
Det der teknisk er spændende i denne aktie og en af grundende til at jeg følger den meget tæt, er den pænt store ascending triangle, der er under opsejling.
Grunden til at jeg ikke har købt endnu, er at jeg forventer, at det norske index (OSEBX) ikke bryder modstand 445-447 denne gang og dermed falder tilbage til endten 435 eller 425. Vi har i dag testet modstandsområdet og er blevet afvist, derfor ligger jeg inde med en shortsportion.
Her lige et chart som lovet. Jeg har lige lagt et par modstand/støtte streger på, samt en lidt trendkanaler.
På dagschart er vi stadig i optrend og om det er den røde eller den lilla kanal der er valid, kan være svært at spå om. Indtil videre forholder jeg mig til begge.
Naur har givet første købssignal ved brud af trekant.
Næste købssignal vil være brud på sma50, herefter vil den også lave et bow tie.
Den har også givet købssignal på på Macd og RSI, men et bulish cross på macd´en og et brud ud af den nedadgående trendkanal på RSI.
Weekly chart er mere neutralt. Vi har hoppet op i trendkanalen igen.
Vi har et svagt købssignal på RSI men MACD´en er stadig bearish og har ikke givet købssignal.
I forhold til, at hvis man handler langstigtet, så ville jeg nøjes med at forholde mig til weekly charts og afvente købssignal der eller som minumum ikke købe for mere end et tredjedel af det beløb man har tænkt sig at købe for.
Det der teknisk er spændende i denne aktie og en af grundende til at jeg følger den meget tæt, er den pænt store ascending triangle, der er under opsejling.
Grunden til at jeg ikke har købt endnu, er at jeg forventer, at det norske index (OSEBX) ikke bryder modstand 445-447 denne gang og dermed falder tilbage til endten 435 eller 425. Vi har i dag testet modstandsområdet og er blevet afvist, derfor ligger jeg inde med en shortsportion.
28/3 2011 10:43 MadsK 040649 The Swedish Transport Administration and Northland Resources AB Sign a Letter of Intent and an Agreement
Luxembourg, March 28, 2011: The Swedish Traffic Administration and Northland
Resources AB (wholly-owned subsidiary of Northland Resources S.A. - TSX: NAU,
OSE: NAUR, Frankfurt: NPK) signed on Saturday, March 26(th), a Letter Of Intent
on co financing and an Agreement on cooperation regarding transport solutions,
e.g. how the iron ore concentrate will be transported between Kaunisvaara and
Narvik.
The Letter Of Intent details the party's objectives regarding:
* financing of initial studies
* financing of upcoming projects
The initial study will clarify actions needed in order to solve transport needs
both in the short and long term. The short term solution includes the
application for dispensation which Northland Resources submitted to The Swedish
Transport Administration. The application is related to transportation on roads
carrying heavier loads and driving longer vehicles.
The parties at same time signed an agreement regarding a survey on buoyancy and
technical solution for the roads between Kaunisvaara and Svappavaara. This
survey is expected to determine:
- technical solutions on how vehicle design (e.g. axel load, number of axels,
length of vehicle etc.) will affect the strain on the road and therefore also
the possibilities for and the extent of dispensation compared to the request
from Northland.
- the roads status and how they will stand the expected increase of traffic and
higher axel loads.
The signing was done by Arnold Vonkavaara, CEO Swedish Transport Administration
Northern Region, and Karl-Axel Waplan, Chairman Northland Resources AB, at a
seminar in Pajala on March 25, 2011.
Northland Resources AB is a development-stage mining company with a portfolio of
iron ore projects in northern Sweden and Finland. The Company's Kaunisvaara
Project is expected to develop magnetite iron ore deposits, feeding a single,
multi-line processing facility in Sweden. The process is expected to yield a
very high-grade, high-quality magnetite iron concentrate. The Company is also
preparing a Definitive Feasibility Study for the Hannukainen Iron Ore Copper
Gold (IOCG) Project in northern Finland.
The Swedish Traffic Administration is the trade organisation of local and
regional public transport in Sweden. It also has associated members who are
suppliers and consultants to the industry. It provides support and service to
its members by being a powerful voice for public transport, spreading know-how
on and increasing the insight into its advantages among decision-makers,
nationally and internationally. It works on developing forms of co-operation
within the industry and operational development based on the needs of the
passengers.
For further information:
Arnold Vonkavaara, CEO, Swedish Transport Administration Northern Region.
Phone: +46 920 24 97 01
Karl-Axel Waplan, Chairman, Northland Resources AB.
Mobile: +46 70 510 42 39
Luxembourg, March 28, 2011: The Swedish Traffic Administration and Northland
Resources AB (wholly-owned subsidiary of Northland Resources S.A. - TSX: NAU,
OSE: NAUR, Frankfurt: NPK) signed on Saturday, March 26(th), a Letter Of Intent
on co financing and an Agreement on cooperation regarding transport solutions,
e.g. how the iron ore concentrate will be transported between Kaunisvaara and
Narvik.
The Letter Of Intent details the party's objectives regarding:
* financing of initial studies
* financing of upcoming projects
The initial study will clarify actions needed in order to solve transport needs
both in the short and long term. The short term solution includes the
application for dispensation which Northland Resources submitted to The Swedish
Transport Administration. The application is related to transportation on roads
carrying heavier loads and driving longer vehicles.
The parties at same time signed an agreement regarding a survey on buoyancy and
technical solution for the roads between Kaunisvaara and Svappavaara. This
survey is expected to determine:
- technical solutions on how vehicle design (e.g. axel load, number of axels,
length of vehicle etc.) will affect the strain on the road and therefore also
the possibilities for and the extent of dispensation compared to the request
from Northland.
- the roads status and how they will stand the expected increase of traffic and
higher axel loads.
The signing was done by Arnold Vonkavaara, CEO Swedish Transport Administration
Northern Region, and Karl-Axel Waplan, Chairman Northland Resources AB, at a
seminar in Pajala on March 25, 2011.
Northland Resources AB is a development-stage mining company with a portfolio of
iron ore projects in northern Sweden and Finland. The Company's Kaunisvaara
Project is expected to develop magnetite iron ore deposits, feeding a single,
multi-line processing facility in Sweden. The process is expected to yield a
very high-grade, high-quality magnetite iron concentrate. The Company is also
preparing a Definitive Feasibility Study for the Hannukainen Iron Ore Copper
Gold (IOCG) Project in northern Finland.
The Swedish Traffic Administration is the trade organisation of local and
regional public transport in Sweden. It also has associated members who are
suppliers and consultants to the industry. It provides support and service to
its members by being a powerful voice for public transport, spreading know-how
on and increasing the insight into its advantages among decision-makers,
nationally and internationally. It works on developing forms of co-operation
within the industry and operational development based on the needs of the
passengers.
For further information:
Arnold Vonkavaara, CEO, Swedish Transport Administration Northern Region.
Phone: +46 920 24 97 01
Karl-Axel Waplan, Chairman, Northland Resources AB.
Mobile: +46 70 510 42 39
30/3 2011 15:41 Nippon1976 040764 Så er der givet købssignal igen og jeg har købt en enkelt portion.
Naur har brød den anden dag sma50 og idag har den så lavet et bow tie.
RSI er høj, hvilket betyder at den kort kortvarig kan falden tilbage, hvilket betyder at jeg køber en portion igen.
Target på kort sigt er ca. 20, brud her på, betyder at jeg går all in og køber en ordenlig portion.
SL er ema20
Naur har brød den anden dag sma50 og idag har den så lavet et bow tie.
RSI er høj, hvilket betyder at den kort kortvarig kan falden tilbage, hvilket betyder at jeg køber en portion igen.
Target på kort sigt er ca. 20, brud her på, betyder at jeg går all in og køber en ordenlig portion.
SL er ema20
30/3 2011 16:59 gnobby 040771 Nippon1976 kig en gang på Avocet Mining, der er noteret i Norge. Her tekniken meget fin. Den skal først passere de 23 NOK før der er fri helt fri bane.
31/3 2011 14:12 Nippon1976 040805 Hej Gnobby
hold da kæft..... Nej nu banner jeg
Det er godt nok sjældent at man ser en aktie, der er så let at trade..... Den kommer straks på min osb-liste.
Avocet mining bevæger sige et nogle tradingranges, så måden jeg ville eller vil handle den på, er på retest af udbruds linje. Er der bearish divergens når den når loftet, så sælger man, så RSI m.fl. et højere top, så holder man.
Sidste uge gav den et købssignal i form af en bullish engulfing på weekly chart. Hvad man vil ind nu kan man bruge sma20 som stop loss.
Jeg venter dog til et brud på 23 eller en retest af området 19,2-19,5.
hold da kæft..... Nej nu banner jeg
Det er godt nok sjældent at man ser en aktie, der er så let at trade..... Den kommer straks på min osb-liste.
Avocet mining bevæger sige et nogle tradingranges, så måden jeg ville eller vil handle den på, er på retest af udbruds linje. Er der bearish divergens når den når loftet, så sælger man, så RSI m.fl. et højere top, så holder man.
Sidste uge gav den et købssignal i form af en bullish engulfing på weekly chart. Hvad man vil ind nu kan man bruge sma20 som stop loss.
Jeg venter dog til et brud på 23 eller en retest af området 19,2-19,5.
31/3 2011 19:44 gnobby 040814 Hej Nippon1976,
Enig, den er til at analyseres sig ud af
Den lukkede godt ift dagens kursinterval og det ser ganske fint ud. Lad os håbe at et brud på ATH er at finde på den helt korte bane. Jeg synes også at et SL på sma er passende.
Kan ikke lige huske om jeg har nævnt den tidligere, men Beowulf Mining er også værd at følge?!
Enig, den er til at analyseres sig ud af
Den lukkede godt ift dagens kursinterval og det ser ganske fint ud. Lad os håbe at et brud på ATH er at finde på den helt korte bane. Jeg synes også at et SL på sma er passende. Kan ikke lige huske om jeg har nævnt den tidligere, men Beowulf Mining er også værd at følge?!
