Rooster - I don't think you can sell at the moment even if you want to, because I don't think there are any buyers, and Capita won't tell us. But that might change later this year if ATC manage to move ahead with their reverse takeover. Of course, we have no idea how that is progressing, or even if it is still progressing.
Does anyone have any idea of the share price recently? I think my ATC shares are probably near worthless, especially with the mine on short time working, so I may as well hold until the BOD want to know about us again.
con.. All of the producers in the region have been hit by the weaker home heating market caused by the unusually warm winter. A number of smaller producers tried to combat this by aggressively lowering their prices to gain ground in the industrial markets. Our tactic has been to hold our ground as much as possible, focusing on saving money by reducing costs with the pit working 4 days rather than 5 and the wash plant shifts reduced as indicated above. We now have a good stockpile of both ROM… Read More
Q1 2015 Q1 2016 Run of Mine Production 136,981 45,954 Clean Coal Production 45,669 32,235 Total Coal Sales 44,356 64,348 Clean Coal Sales 34,916 38,288 Run of Mine Stockpile 59,939 107,559 Clean Coal Stockpile 18,185 25,217
Coal Sales for Q1 2016 were 64,348 tons compared to 34,960 tons for Q1 2015. This increase is mostly due to the sale of ROM coal which only commenced at the end of March 2015 (only 44 tons ROM coal sold in Q1 2015).… Read More
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