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London South East Natural Resources Briefing webcast: #Emmerson #Alba #Condor Gold #Gold analysis
Angus Energy in talks to buy 'transformational' gas asset in North England


Member Info for PageofCups


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Member Since: Sun, 16th Sep 2018

Number of Share Chat Posts (all time): 243
Number of Share Chat Posts (last 30 days): 52

Last Posted: Wed 18:52


Post Distribution over the last 30 days




Wed 18:52

Yakee, Everybody should constantly re-evaluate their investments. The best way to do this, imo, is to ask yourself, if you were not already invested in BPC would you invest in BPC now. If not, then they should sell. No one likes to sell at a loss, but if people no longer believe in the company or the management or it's future, then they need to back themselves and sell out, otherwise their credibility is a bit suspect.
Wed 16:39

I think you all need to follow your own advice...otherwise it's just whinging.
Wed 16:33

I would suggest you sell your shares and be done with it.
Wed 16:32

You guys are in the wrong type of investment. If you don't understand why, then put your money in a building society.
Wed 14:14

The interested parties are in negotiations. Which one of them will be the farmout partner(s) is yet to be revealed.
Tue 08:22

Must be going for an offer for the company. Only need another 286m shares.
Fri 14:44

aerial, yes. EDL will hopefully re-qualify for tender once they know how Tanesco want to roll out the power infrastructure, and EDL can put in a new request for qualifying.
Fri 14:32

Get confirmation of the bid from Tanesco and it really would be Boom
Fri 14:28

I'm pretty sure the new investors will make sure they do things right from now on. They hold half of the company now.
Fri 14:24

Someones accumulating. 15m buy yesterday on the bell.
Fri 14:06

They're sticky investors in for the longterm. It's not a bucket shop placing.
Fri 14:03

yh 20% for Jeff
Fri 13:59

I see the directors are taking wage cuts to end of the year. 25% for Rufus, 50% until end of August then 25% for Jeff and 31% for Arun. Good work. Get the coal flowing.
Fri 13:46

You need to understand this has new investors now and they would have done their due diligence and made sure that profits would be feasible before parting with their money.
16 May '19

Yes, the MM's are allowing the stock to float and trade freely. Spread is also tight, so it's good for buying and selling.
16 May '19

Can you not see a mine producing 8k tonnes of coal at $10-20 profit a tonne is actually quite good. It's gone from a company going into administration to a company producing cash. The only risk is will the plant operate at the levels it's been tested at. If the designed tweaks have been done right then it won't be a problem especially as the coal will be coming from the Northern mine.
14 May '19

EDL would get $252m from Synohydro for guaranteed preferred bidder to build the Power Station. Tanesco get committed partners.
14 May '19

EDL have not got financial backing for the Power Station. Synohydro are their JV partner and it says in the RNS "The Directors believe an integrated approach to development of the coal-to-power project in parallel with the roll out of electricity transmission infrastructure in the region is the preferred route forward."
This prob means Synohydro taking over the mine which has a NPV of $252m and guaranteeing the project for EDL to supply the coal. In return Synohydro get the contract to build the power station. Kibo had to come up with $900m of debt finance for Tanesco to grant them qualification and their backing.
14 May '19

will do 10k of coal easy.
14 May '19

70k tonnes a month.


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