Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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https://bestmarketherald.com/global-rare-earth-metals-market-to-expand-at-13-0-cagr-2012-2018-driven-by-surging-demand-from-chinaglobal-rare-earth-metals-to-reach-us8-1-bn-by-2018-cerium-oxide-to-emerge-as-key-contributor/
Even more encouraging news to amplify the possibility of increased income for ACG from the by-products of the spoil and tailings ... rare earth minerals (if found, but highly likely) would be the icing on the cake.
Anthracite fast becoming the "Jewel In The Crown" ... lots of interest, thanks to more and more reports in the media.
Here is another article published yesterday:
https://bestmarketherald.com/hard-coal-market-segmentation-and-competitors-analysis-report-up-to-2025/
Again no mention of our new name, ACG publicity officer (if there is one, if not I put myself forward) should get busy and make it known we are now Atlantic Carbon Group.
Anthracite Market is Growing Incredibly of +10% CAGR to 2026 ...
https://aglobalmarketresearch.com/anthracite-market-is-growing-incredibly-of-10-cagr-to-2026-anthracite-coal-siberian-anthracite-blaskchak-coal-corporation-robindale-energy-associated-companies-atlantic-coal-plc-xcoal-pagnot-2/
Published on 14th May 2019 ... pity they did not update the company name from Atlantic Coal to Atlantic Carbon Group.
The more the benefits of Anthracite are made known the better for us ... onwards and upwards.
Come on ACG get the website tidied up,directors updated ,new ceo info?......or isn’t it worth bothering if we are being sold!......
its good news all around when now looking for rare minerals and carbon use in different industries. i understand they committed far less this year to fix prices on the basis of increases into 2019 which are happening. every dollar hits the bottom line after fixed costs, remember they chose to sell less to the competition in order to keep and sell themselves when appropriate.
Can't Trump put his hand into his money pot and buy ATC for the American people??
https://fred.stlouisfed.org/series/PCU2121132121133
Another good set of figures for April 2019, the producer price index for Anthracite rose to 367.1 up from 358.6 for March 2019, a new yearly high. The all-time high was 378.7 in February 2012, after which it dropped to 312.2 in September 2016, but has risen steadily since (thanks to Trump's initiatives).
So demand is still powering the price upwards, the import embargoes on cheap anthracite and rising tariffs are definitely paying off when you consider domestic use will have dropped after the winter.
This further enhances the value of ACG as the largest producer of high-quality grade anthracite in the USA, good news for us!!
https://www.philly.com/news/trump-rally-pennsylvania-montoursville-20190513.html
This could be a terrific opportunity for Seth and the Gang to make themselves known to Trump when he visits the marginal State next Monday ... it is a critical State in his campaign for Presidential re-election as a Republican, Joe Biden (former Vice President) of the Democrats has also been rallying support ... Trump can show, first hand, how his policies of tariffs reducing cheap imports and promoting US manufactured products have led to rising employment opportunities (especially in Penn. where a lot of ex-miners are unemployed, like in the UK). New industries are being encouraged to the area to take advantage of the new technology using carbon-related materials.
With plenty of press and media coverage, Atlantic Carbon Group and the other Anthracite miners, can make their promising future plans known to the Nation and encourage US Govt. grants for expansion .... in return for Republican votes of course.
Joe Biden and the Democrats will no doubt make their promises, but Trump has the whip hand at present.
A good chance for Seth Ira Schwarz to get off on the right foot and make himself known to Mr President.
Yea and it’s gonna happen well before campaigning US elections imho.....just incase trump gets the boot.....looking highly unlikely at this point in time
Whilst politically I disagree with trump the new tariffs will help more and more, literally turning this into a gold mine. What’s the latest price for anthracite, steel booming, trying to move into connections with carbon alone and a board plus ceo with a solid reputation.
This will be back, original board want some cash, short term contract to get listed and high value with shares on offer
Just got to wait it out
*typo ...
Stephen Best resigned as a director on 29th April 2019 (appointed 19th November 2007).
The expected notices of the Board changes were made yesterday, 13th May 2019, at Companies House, for Atlantic Carbon Group plc (formerly Atlantic Coal plc).
Seth Ira Schwarz appointed as a director 15th April 2019
Adam Richard Wilson, as a director (CEO), resigned 15th April 2019 (appointed 15th September 2008)
In a previous notice, filed 3rd May 2019, a previous managing director and chairman, Stephen Best resigned as a director on 29th April 2009 (appointed 19th November 2007).
It appears Stephen Best resigned as a director 2 weeks after Seth Schwarz was appointed, maybe to familiarise Schwarz with the company and bed him in ... or was there some friction between them and Best subsequently resigned? Did they clash over the new direction Schwarz wants to take the company?
If there were any changes of shareholdings following the appointment and resignations, we can expect a Confirmation Statement (CS01) to follow.
It will be interesting to see the terms of Seth's appointment, has he been offered an options package to reward him for the future progress of ACG?
The major shareholder and director, George Roskos III, was stated as wanting to retire in the near future (he is now 67) and wanted the company, that merged with his baby Hazleton Shaft Corp. in June 2016, to be on a sound footing with the implementation of the upgraded wash plant, rail/loading facilities and use of ACG's modern open cast mining machinery & plant as the reason for the merger. He also owns tracts of land surrounding the current mines that have considerable value for future expansion. Remember this all happened after ATC delisted in late December 2015.
I agree I think that’s exactly why he is there and for his large salary he will be expected to get the investment and listing ASAP
Sorry one last thing,I think Schwarz has been brought in on a short tenure to get this pushed through....why?......because Schwarz is a very busy man with multiple interests in the field,he’s readily available for consultation from numerous councils including government.....and lastly he will be expensive!.....but his expertise could be the difference of many millions market cap
Ds directors had a chance to steal 10% of a £70mil company for not doing a lot.....when we release the new numbers backed by our eminent new ceo Seth Schwartz that £70mil will be a distant memory imho.......there something afoot here and Schwarz has been brought in to maximise value for the big holders?.....we are just riding along beside em
No problem cat.....if nobody has any expectations then they won’t be disappointed......I personally have great expectations for ACG from the moment we left that rigged investor casino called Aim......where we are now is what I would class the safe zone prior to joining another casino.....but you gotta be in the game to get investment and liquidate some shares.....interesting times coming up imho
"Hope springs eternal in the human breast". I've written these off, but there is a chance....just a chance, maybe.
I was trying to make the point that big, national names managed to screw their shareholders big time. I expect the same to happen here.
Agree, this isn’t written off just delayed. The money, value anthracite is still there and hasn’t changed they have to alter their way to market
This may also be encouraged as the USA moves to be more self sufficient and taking less from others, electric cars and batteries are huge.
Naa....we ain’t kissing goodbye to the US biggest anthracite producer.....£70mil market cap was pencilled in,I’m expecting more after the next results.....takeover or a stateside listing will do me......tick tock sheriff
I had kissed any return from my small investment here goodbye some time ago and then got excited that we might not have seen the end of it but might actually be in for a bit of a lift. However, in common with three or four other failures of mine, like FlyB and Interserve, I guess just kiss it goodbye and quit hoping.
With Government Grants in the offing for processing the spoil and tailings from the open-cast mining of anthracite in Pennsylvania, I can see the ACG directors eager to get a bit of the action and further add to potential income from rare earth minerals, provided they are in commercial quantities.
As Adam Wilson was always keen to point out, anthracite with its high proportion of carbon (91% to 95%) is not far off being a diamond (99%) and the unique terrain of Pennsylvania with its coal deposits accumulated under tremendous pressure leads to deposits of secondary materials that have high value if in quantity.
Another positive message along with Trump enforcing his tariffs to benefit USA steel production can only be good news for us patient shareholders from Atlantic Coal days.
I think they can hold back results some time before needing to be released. Last year we had them however maybe there is some sort of plan to get investments?
Really positive potential which is always nice to see