Member Info for Heimdal

Hong Kong equity investors may as well give up and kiss the HSI goodbye:

https://www.scmp.com/week-asia/opinion/article/3143981/hong-kong-equity-investors-may-well-give-and-kiss-hsi goodbye

The Hang Seng Index has now retraced 26% since the FEB 16 high of 31,200.

Index is down 0.21% over the last year, that is in stark contrast to other markets such as:

Nikkei +18%
ASX +22%
CAC + 35%
DOW +26%
FTSE +17%

Hang Seng down 9% during the last month.

https://www.bloomberg.com/markets/stocks

Really really dismal performance and not easy for ERPG to make any meaningful progress with current investor sentiment .
Just wonder how this will play out over the next year or so. Critical for Beijing to step in and steady the ship asap.

Heimdal

At least we had a good start lol. Market was almost flat this morning, then tanked (again). HKSE on par with the exchanges in Egypt and Turkey this year.. down about 10% this year, not performing well at all :-(

Well well well, HK punters luv a divi ;-)

Heimdal

Strong close bouncing off the SMA (50) line. Bring on the dividend!

BUY depth building significantly after lunch Bignose with 2,200,000 in the BID Queue from 16 - 16.9c
and 17c just wiped. Will we see a run this a'noon? Heimdal

Deep Longevity in the news again.

https://www.einnews.com/pr_news/547504208/deep-longevity-releases-an-ai-based-predictor-of-covid-time-to-death

Will be interesting to see where theisDLI work on "AI-based predictor of COVID time-to-death" is heading in these troubled times.

Heimdal

VXR currently trading at 87c with high volume going through, looking very solid Bignose. Some speculation wrt a possible deal at the Diggers and Dealers mining forum - who knows? We might hit AU$1 sooner than we think -> with our holding then valued at AU$29,000,000 or HK$167,000,000!

Very interesting calculations Bignose: 5mill prescriptions. at 100USD/can = 500 mill usd. Brand recognition will probably increase significantly once we hit the US market. Potential for a 10-20 bagger over the next 2-3 years. Charlie should have stayed the course.

Thanks Bignose, as we all know Fortacin is a world class product and there is a fairdinkum need out there so overcoming the product supply issues is a major step forward. Heimdal

VXR re-branded as DEVELOP during a powerful presentation by Bill Beament at Diggers and Dealers Mining Forum today, with a new website already up and running: https://develop.com.au . Watching the D&D live feed BB came across like some sort of Elon Musk of the mining sector with his grand vision, runs on the board and unconventional with the shirt hanging out.

DEVELOP now expanding into project funding, mine planning and development. This approach should provide lots of blue sky.

Re-branding preso ( https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02402749-6A1044138?access_token=83ff96335c2d45a094df02a206a39ff4 ) provided just as ASX was closing so it will be interesting to see how the market reacts tomorrow / later this week.

Heimdal

VXR trading @ 84.5c this morning! Our holding is currently valued at c. HK$ 140,400,000 = 39% of the MCap of ERPG

VXR just commenced a significant $10m drilling campaign at Sulphur Springs, WA, to further de-risk the copper project, expand the resource base, and speed up final funding. Corporate update (including re-branding) to follow next week.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02400379-6A1042940?access_token=83ff96335c2d45a094df02a206a39ff4 .

Should go down well with Aussie punters.

Heimdal

http://www.aastocks.com/tc/stocks/news/aafn-news/NOW.1115892/2

News out in China: http://finance.eastmoney.com/a/202107282019393516.html

Strongly agree Italian.

Very encouraging indeed Bignose :-)

Thanks Italian, a very interesting development indeed. Smart move to use the 5,000 COVID-positive patients
from 11 different hospitals in New York. Seems like the DLI team is on fire and hopefully they will hit jackpot sooner or later.
I like the current set up with 1) the developing VXR Cu story, 2) DLI and 3) Fortacin - no longer a boring one pony show. Heimdal

I think the average VXR purchase price (back in the day) was about AU$1.35/share, as such Jamie might look at a block trade exit at that level which should give us AU$39,000,000 or HK$223,300,000. With Cu production in WA edging ever closer coupled with a full blown Cu rally might catapult us to that goal sooner than we think. It could also be a cut and run at say AU$1/share, who knows. Once we offload our sizable VXR holding the market will take notice.

Hang Seng in complete melt down mode. Down another 1,000 points at the moment, with the Hang Seng Index down 8% in just two days. Unbelievable!

VXR up 8.7% today on the highest volume in weeks. Our holding is now valued at HK$122,700,000 or 34.1% of the ERPG MCap.
If Jamie converted our 1,694,913 new VXR options @ AU$0.135 our holding would be HK$130,300,000 or 36.2% of the MCap.
Heimdal