Europasia Education Share Discussion Threads

[kasman] 02/7/2007 10:35

This should pick up some momentum from here on. I reckon 5p short term target.

[dusseldorf] 02/7/2007 09:36

put in an order for £1k worth to get me interested before setting off this am, I guess its been filled - the 29,791 (can't log into TDW to check at the moment). This looks interesting medium-term.

[kasman] 01/7/2007 11:55

Upcoming China Export Quotas Could Send Molybdenum to Record Price
Posted on Jun 28th, 2007 with stocks: AUAYF.PK, RTP, TCMRF.PK

James Finch submits: Our sources in Asia confirmed an industry trade report pre-announcing China would slash export quotas on molybdenum products by approximately 50 percent. The quotas are expected to take effect next week.

Many had been bracing for a 30-percent reduction in molybdenum exports. Traders are probably reeling now.

Many stainless steel mills go through summer maintenance programs during this period.

After Labor Day, the molybdenum price could rush past the June 2005 record price. This could result in a frenzied market through at least mid spring 2008, as we anticipate traders to fight for depleting molybdenum inventories in the face of continued firm demand.

Next week's China announcement could provide the trigger for a spectacular run.

In a March 2007 interview with Thompson Creek (TCMRF.PK) executive chairman Ian McDonald, his biggest concern was China's capability of dumping a large quantity of molybdenum product into the market and driving the molybdenum price lower.

It now appears that concerns of Chinese dumping are unwarranted.

In previous interviews with Adanac Molybdenum Corp (AUAYF.PK) executive chairman Larry Reaugh, he pointed out that South American and U.S. molybdenum production is unlikely to rise, and more likely to stagnate or decline. Reaugh explained that copper producers have been mining their higher grade material to capitalize upon the firm molybdenum price. Rio Tinto's (RTP) Bingham Canyon in Utah has also suffered falling molybdenum production.

Molybdenum demand has remained strong despite higher pricing.

U.S. Geological Survey molybdenum expert Michael Magyar lamented in an interview we conducted with him in July 2006 that the industry had a long way to go before molybdenum inventories could be rebuilt.

For stainless steel manufacturers and other end users, a sustained molybdenum price spike could evolve into a nightmare before year end and into 2008. But for investors in molybdenum producers, near-term producers, and potentially for exploration companies, this could provide the sort of double-digit returns many investors found in uranium mining and exploration companies during late 2005 into early 2007.

[paravion] 30/6/2007 22:51

This last bit i like.

The Company intends to take advantage of the commodities super-cycle, driven by
the strong growth demand identified by its research. The Company aims to use its
cash and listed paper to acquire molybdenum physical stocks, companies and
businesses initially focusing on China, where it has already identified
potential investments.


This tells me that already the strategy is being implemented, it is in my opinion good that they are not investing in companies mining or attempting to mine Molybdenum but are looking for for physical moly assetts I>E the moly itself or investing in comapanies that process or trade the resource.

Quite frankly i think that this looks to be an extremely good investment, if EPE get it right, they then are the first mover as a Molybdenum middle man.

In the future it might be a case of if your a moly user or want to trade moly then you approach EPE (or sorry forgot the new name).

SHORT TERM PRICE PREDICTION 7-9p.

[paravion] 30/6/2007 22:50

This last bit i like.

The Company intends to take advantage of the commodities super-cycle, driven by
the strong growth demand identified by its research. The Company aims to use its
cash and listed paper to acquire molybdenum physical stocks, companies and
businesses initially focusing on China, where it has already identified
potential investments.


This tells me that already the strategy is being implemented, it is in my opinion good that they are not investing in companies mining or attempting to mine Molybdenum but are looking for for physical moly assetts I>E the moly itself or investing in comapanies that process or trade the resource.

Quite frankly i think that this looks to be an extremely good investment, if EPE get it right, they then are the first mover as a Molybdenum middle man.

In the future it might be a case of if your a moly user or want to trade moly then you approach EPE (or sorry forgot the new name).

SHORT TERM PRICE PREDICTION 7-9p.

[paravion] 30/6/2007 22:37

This is from fridays RNS and makes interesting reading. If EPE and Benson Day can createt a suitable platform as they intend to for investors to benefit from any rise in Molybdenum then this should be a surefire winner. Read the information contained in this statement Re Moly, its uses and future price predictions and demand.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>..BELOW FROM FRIDAYS STATEMENT............


The Company's initial focus will be investing in those companies involved in
molybdenum and also investing in, holding, selling and otherwise transacting in
physical molybdenum.



Currently there is no futures market for molybdenum. The Company will provide a
platform for investors to invest in the physical assets to realise potential
future gains against rising prices which we anticipate will result from
increasing demand for molybdenum.



Demand For Molybdenum



Molybdenum is used principally as an alloying agent in steels, cast irons and
high strength low alloy steel to enhance hardenability, strength, toughness and
resistance to wear and corrosion. It is usually added in combination with other
alloying metals such as chromium, columbium, manganese, nickel, tungsten and
niobium to enhance the properties of the alloy. Molybdenum is also used as a
catalyst in petroleum refining and plastics as specialty grease, and is one of
the primary alloying elements in high temperature mechanical components of jet
and turbine engines. In most cases, it is difficult to substitute other elements
for Molybdenum. It is used across a range of industries, including:

* aerospace

* the steel alloys construction sector

* oil and gas exploration

* drill stem tubing

* nuclear reactors

* pipelines

* refineries

* coal Liquefaction plants.


Global forecast of molybdenum consumption by application, 2005 and 2010

2005 2010
Kt % AAGR(%) Kt %

Stainless steel 50 28 6.0 67 30
Full alloy steel 27 15 3.5 32 14
Tool and high speed steel 18 10 3.0 21 9
High strength low alloy (HSLA) steel 17 9 4.5 21 10
Carbon steel 16 9 2.5 18 8
Catalysts 14 8 5.0 18 8
Molybdenum metal and alloys 13 7 3.0 15 7
High performance alloys (HPA) 9 5 4.0 11 5
Cast iron 6 3 2.0 6 3
Lubricants 6 3 3.0 6 3
Pigments/corrosion inhibitors 4 2 3.5 4 2
Other chemical 2 1 3.0 2 1
Total 181 100 4.2 223 100

AAGR - annual average growth rate



Whilst the demand for molybdenum is global, much of the increasing demand is
coming from the booming Asia markets. We predict a significant increase in
demand for molybdenum due to a combination of economic growth in China, the
limited number of current suppliers, producers and roasting capacity, as well as
increased demand for stainless steel, chemicals, catalysts and super-alloys
worldwide.



Current Molybdenum Supply



The primary producers of molybdenum are the United States, Chile, and China.
Canada, Peru and Russia are also significant producing countries. Mine
production of molybdenum increased from about 280 million pounds in 2002 to over
400 million pounds in 2005.



Molybdenum Pricing



Molybdenum is an unhedged metal with no forward markets. The price is primarily
determined by changes in supply and demand which are in turn affected by global
economic conditions. Molybdenum is sold largely on a spot basis by traders and
dealers worldwide. Some business is done on the basis of long term supply
contracts between producers and consumers. Since 2002 prices have peaked and
dropped several times, reaching a high of US$45 per pound in June 2005.
Molybdenum is currently trading around US$30 to US$35 per pound.



Investing Strategy



The Company will enable investors to gain exposure to molybdenum through a
managed diversified portfolio of global molybdenum assets which the Company will
invest into, selected through rigorous analysis and on-going monitoring by its
experienced team members. This will allow for risk diversification and provides
an alternative to a direct investment in a mining company which could be subject
to a number of operating risks, hazards, unexpected maintenance or technical
problems, periodic interruptions due to bad weather conditions and natural
disasters, industrial accidents and various other unexpected variations in
mineralisation, geological or mining conditions resulting in major delays and
increased costs.



The Company intends to take advantage of the commodities super-cycle, driven by
the strong growth demand identified by its research. The Company aims to use its
cash and listed paper to acquire molybdenum physical stocks, companies and
businesses initially focusing on China, where it has already identified
potential investments.



Benson Day

Chief Executive

29 June 2007

[paravion] 30/6/2007 22:37

Abubryn, thanks for not taking offense none was meant. in fact i also looked at dermasalve and was initially tempted.Good luck with GOC Ethel:)Just kidding, you should do well with them. Regards Paravion.

[paravion] 30/6/2007 22:34

This is from fridays RNS and makes interesting reading. If EPE and Benson Day can createt a suitable platform as they intend to for investors to benefit from any rise in Molybdenum then this should be a surefire winner. Read the information contained in this statement Re Moly, its uses and future price predictions and demand.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>..BELOW FROM FRIDAYS STATEMENT............


The Company's initial focus will be investing in those companies involved in
molybdenum and also investing in, holding, selling and otherwise transacting in
physical molybdenum.



Currently there is no futures market for molybdenum. The Company will provide a
platform for investors to invest in the physical assets to realise potential
future gains against rising prices which we anticipate will result from
increasing demand for molybdenum.



Demand For Molybdenum



Molybdenum is used principally as an alloying agent in steels, cast irons and
high strength low alloy steel to enhance hardenability, strength, toughness and
resistance to wear and corrosion. It is usually added in combination with other
alloying metals such as chromium, columbium, manganese, nickel, tungsten and
niobium to enhance the properties of the alloy. Molybdenum is also used as a
catalyst in petroleum refining and plastics as specialty grease, and is one of
the primary alloying elements in high temperature mechanical components of jet
and turbine engines. In most cases, it is difficult to substitute other elements
for Molybdenum. It is used across a range of industries, including:

* aerospace

* the steel alloys construction sector

* oil and gas exploration

* drill stem tubing

* nuclear reactors

* pipelines

* refineries

* coal Liquefaction plants.


Global forecast of molybdenum consumption by application, 2005 and 2010

2005 2010
Kt % AAGR(%) Kt %

Stainless steel 50 28 6.0 67 30
Full alloy steel 27 15 3.5 32 14
Tool and high speed steel 18 10 3.0 21 9
High strength low alloy (HSLA) steel 17 9 4.5 21 10
Carbon steel 16 9 2.5 18 8
Catalysts 14 8 5.0 18 8
Molybdenum metal and alloys 13 7 3.0 15 7
High performance alloys (HPA) 9 5 4.0 11 5
Cast iron 6 3 2.0 6 3
Lubricants 6 3 3.0 6 3
Pigments/corrosion inhibitors 4 2 3.5 4 2
Other chemical 2 1 3.0 2 1
Total 181 100 4.2 223 100

AAGR - annual average growth rate



Whilst the demand for molybdenum is global, much of the increasing demand is
coming from the booming Asia markets. We predict a significant increase in
demand for molybdenum due to a combination of economic growth in China, the
limited number of current suppliers, producers and roasting capacity, as well as
increased demand for stainless steel, chemicals, catalysts and super-alloys
worldwide.



Current Molybdenum Supply



The primary producers of molybdenum are the United States, Chile, and China.
Canada, Peru and Russia are also significant producing countries. Mine
production of molybdenum increased from about 280 million pounds in 2002 to over
400 million pounds in 2005.



Molybdenum Pricing



Molybdenum is an unhedged metal with no forward markets. The price is primarily
determined by changes in supply and demand which are in turn affected by global
economic conditions. Molybdenum is sold largely on a spot basis by traders and
dealers worldwide. Some business is done on the basis of long term supply
contracts between producers and consumers. Since 2002 prices have peaked and
dropped several times, reaching a high of US$45 per pound in June 2005.
Molybdenum is currently trading around US$30 to US$35 per pound.



Investing Strategy



The Company will enable investors to gain exposure to molybdenum through a
managed diversified portfolio of global molybdenum assets which the Company will
invest into, selected through rigorous analysis and on-going monitoring by its
experienced team members. This will allow for risk diversification and provides
an alternative to a direct investment in a mining company which could be subject
to a number of operating risks, hazards, unexpected maintenance or technical
problems, periodic interruptions due to bad weather conditions and natural
disasters, industrial accidents and various other unexpected variations in
mineralisation, geological or mining conditions resulting in major delays and
increased costs.



The Company intends to take advantage of the commodities super-cycle, driven by
the strong growth demand identified by its research. The Company aims to use its
cash and listed paper to acquire molybdenum physical stocks, companies and
businesses initially focusing on China, where it has already identified
potential investments.



Benson Day

Chief Executive

29 June 2007

[abubryn] 30/6/2007 21:35

Par Avion.
Nice to have a sensible discussion instead of the so often blaggarding that greets any contrary post.
Good luck to all holders ,we all pick our own choices to try and make money, and there are more ways of killing a pig than with the proverbial hot chip .
I know I am one of the worst Cynics on the boards ,but that comes from being shafted that many times in my life, I have even thought of changing my name to Ethel .[no disrespect to any ladies of that name ].
Incidently my not into epe money is now in goc ,time will tell if that punt was correct .

[tippingpoint] 30/6/2007 15:14

Can they take advantage of the £5mn tax losses, because if they can they are worth another £1mn on the cap.

[hopestaruk] 30/6/2007 15:07

Benson Day therefore has to ensure that the share price is well above 5p in 12 mths. He could wait longer but in 12 mths i would expect he would want to be showing some profit/salary for his efforts.

The share price has to be worth a bare minimum of 5p and that is disregarding the information released yesterday that the companys net assett value is already 7.5p per share.

To me it appears a no brainer especially as the demand for Moly is rising along with its value/price.

Ecpecting a blue day on Monday.

[kasman] 30/6/2007 14:44

a few salient points added. (done while pushing the shopping trolley :) )

[paravion] 30/6/2007 14:20

I will leave it to you, its pouring down here and ive got a saturated dog going crazy. Will cut and paste some pertinent bits of yesterdays excellent news to start us of though. Talk later.

[kasman] 30/6/2007 14:11

par. will do. busy shopping at the mo. using my mda at the mo. will do when I get back home this evening.

(if you want, you can post something and I'll cut and paste it in the header)

[paravion] 30/6/2007 14:00

Kasman,Why have you not added an introduction and a little information. Great we have a new thread but can we tell folks that might be interested a little about what is happening with EPE.

[kasman] 30/6/2007 13:52

New Chief Exec Benson Day.

synoptic profile :

The company has divested itself of its educational portfolio of investments and has decided to move into the commodities market and energy sector.

The appointment of new chief exec Benson Day has been pivotal to this change. Benson has a wealth of experience and influential contacts in the Molybdenum market and wishes to add value to epe in that respect.

He and his small team have, to that end, aligned their objectives to shareholders interests by acquiring shares in the company at 5p per share with a lock in period of one year in lieu of a salary.

This is the Dawn of a new commodities company and will soon be re-named Commodities Growth Plc.

A strong buy.

From the finals :

* New Chief Executive appointed
* Change of strategy
* Planned disposals
* Proposed name change to Commodity Growth plc
* Net Assets #1.4m (2005: #1.3m)
* Net assets at market value #4.5m equal to 7.8p per share
* Continued profit growth at Chinese investee companies
* Operating loss #150,000 (2005: #250,000)

[paravion] 30/6/2007 11:51

TIPPINGPOINT, I AGREE WHOLEHEARTEDLY. Monday will be interesting, the market for Moly is increasing daily, the new CEO is on all accounts pretty shrewd and will bring not only his knowledge of the Moly market but also more importantly his contacts within that market.

EPE STRONG BUY>7-9p

[tippingpoint] 30/6/2007 11:48

Paravion

I think this is interesting. Well placed for a price spike

[paravion] 30/6/2007 11:46

Net assets equivalent to 7.5p per share..Nice

ABUBRYN i can understand your cynicism a few posts back, i do not however agree. i believe it shows great strength to be able to accept a mistake then re group and plan a different strategy to move the company forwards.

Why not look at it from a different perspective, the guy they have brought in will add strength and i presume knowledge to the companys assetts.Why is he not independant if he is so good? Not for me to answer, but there are a host of reasons why this is the case and why both parties have decided to join forces.

I respect your posts but note that non of us are total experts, i see you bought DERmasalve a total disaster in my opinion, the skin care market is swamped and nothing differentiates Dermasalve from the rest.. You did the right thing dumping them, however it points out to me that your opinion is not always valid. I believe it is another case of a good but invalid opinion.

EPE A STRONG BUY ALL THE WAY TO 7-9P.

[paravion] 30/6/2007 11:37

Highlights

* Net assets #1.4 million (2005: #1.3 million), equal to 2.4p per share

* Net assets at market value as at year end of #4.5 million, equal to 7.8p
per share

* Interim results of our main investments CEG and DBI show continued
profit growth

* Raised over #1 million via the issue of Convertible Loan Notes

* Appointment of new Chief Executive post year end

[kasman] 30/6/2007 11:08

Growth Company snippet from last night :

[apollo the doberman] 30/6/2007 10:24

excellent deal, the share price should do well next week..moly is the new in word, riseing moly prices worldwide..good news for us shareholders...

expect a good 50% rise from here..

[kasman] 30/6/2007 09:12

They seem to have pulled a rabbit out the hat with this deal(s).
Benson Day seems to be quite a driven character and would appear to have lots of contacts in the molybdenum market, and they seem to be happy to take shares at 5p with a one year lock in as salary. Bodes very well.

I would assume that the first mlybdenum investments would be income generating and then those used as leverage to acquire more speculative moly punts.

Think I'll keep holding these shares for now...


Edit: Short profile of Benson, (How the hell did these losers manage to hook up with this big boy?????)