Invictus Energy Ltd (IVZ) is an independent upstream oil and gas company. The company is opening rift basins in onshore Africa – the Cabora Bassa Basin – in northern Zimbabwe through an impact exploration program.
A positive surprise is anticipated in today’s quarterly earnings report, and historical reporting has been strong. Currently, the stock is undervalued, making it an opportune time to invest in this stock.
A recent rally in the underlying Uranium price. We are generally bullish the energy sector and see PDN as a short term buy with a ~10% trailing stop
*** GENERAL AVICE ONLY***
Trade Date: 17/10/2023
Recommendation
Entry price: <1.045 Target Price: >1.95
Stop Loss: 0.81 (9% trailing)
Rationale
PPK Group’s subsidiary BNNT has announced it has significantly reduced the price of its high-quality, Australian-made boron nitride nanotubes (BNNT) following a series of production improvements that have dramatically lowered the cost of production for the multi-use super material. BNNT now starts from US$150/gram, compared to the approximately US$400/gram offered by competitors.
With the Hamas-Israel conflict escalating, oil prices are poised to rise due to potential supply disruptions. Karoon Energy, holding a significant interest in Brazil’s Santos Basin, is well-positioned to benefit from these price surges. An entry at <2.57, targeting >3.00, captures this anticipated oil price uptrend. The 9% trailing stop loss offers a protective measure. In this volatile oil market, Karoon presents a timely and strategic investment opportunity.
In light of the recent Hamas-Israel conflict, global markets are bracing for heightened volatility. Historically, during geopolitical tensions, gold has been a sought-after safe-haven asset. Investing in Ramelius Resources Limited, a reputable gold producer, offers a strategic hedge against such uncertainties.
Equity markets have all taken a beating with rise in Bond Yields. Oil dropped 5% overnight so this could help stall the bond rally, which would lead to a relief rally in equities. Use a trailing stop on this trade
Equity markets have all taken a beating with rise in Bond Yields. Oil dropped 5% overnight so this could help stall the bond rally, which would lead to a relief rally in equities. Use a trailing stop on this trade
General market risk-off, global bond yields have reach new multi-year high causing a sell off in risky assets.
A recent rally in the underlying Uranium price. The we have hit the recent highs for Paladin and recommend taking half our position off for a quick scalp.
A recent rally in the underlying coal price and broker upgrades for Stanmore have seen consensus price targets shift to around $4, we hit our target exit price and took profit on the trade.
A recent rally in the underlying Uranium price. We are generally bullish the energy sector and see PDN as a short term buy with a ~10% trailing stop
