Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Looks like your Celeste jumped ship
Looks like a retest of our all time low is on the cards.... What a joke of a share this has become!
Someone has banged their head ! And why remove posts?
As the SEZ will not focus on mining, this begged the question as to where the developers planned to get their coal from. It also raised the question as to how Coal of Africa Limited (CoAL) would fit into the whole picture, especially with CoAL’s renewed efforts to get their Makhado and Vele collieries up and running, although they also do not have a water license yet. “You must remember that we are competing with them for a water license,” Fenn said. Having said this, Fenn was at pains to point out that CoAL can be a major beneficiary to the SEZ as they [LEDA] have been in communication with CoAL in this regard. https://www.zoutnet.co.za/articles/news/42292/2017-05-27/proposed-sez-years-away-from-becoming-reality
I totally agree mate, this is turning a corner.
So this asset we've paid approx 60m quid for probably has upside of £150-200m from previous discussions with company. I think we'll get taken out. Get the surface right and someone will take us out on the cheap. No brainer.
Excellent news! That and the coal prices ;)
ANNOUNCEMENT 05 JULY 2017 SETTLEMENT OF RIO TINTO REPAYMENT Coal of Africa Limited (?CoAL?) and its subsidiary company, MbeuYashu Proprietary Limited (?MbeuYashu?) are pleased to announce that CoAL has fulfilled all its obligations to Rio Tinto Minerals Development Limited (Rio Tinto) in June 2017 in relation to the agreements under which MbeuYashu acquired interest in Chapudi Coal Proprietary Limited and Kwezi Mining Exploration Proprietary Limited. David Brown, Chief Executive Officer of CoAL commented, ?The final repayment and completion of the Rio Tinto Chapudi transaction is a milestone for the company, as it resolves the outstanding legacy issues which have plagued the company for the past 5 years. We continue to focus on progressing our flagship Makhado Project which will deliver significant value for all our stakeholders.?
Coal prices................... ;) http://oilprice.com/Energy/Coal/Unexpected-Move-From-China-Boosts-Coal-Prices.html http://energy.economictimes.indiatimes.com/news/coal/australian-spot-coal-prices-hit-highest-since-april-amid-mine-outages-strong-demand/59438599
HOLDING not FOLDING WayoftheNorth Kiwi ddks Me In at the soup, out at the nuts! ...or Im nuts
HOLDING not FOLDING WayoftheNorth Kiwi Me :-)
Make that Shares not held in public hands 79% after today's RNS
Why is it so quiet here, everyone have these tucked in the bottom drawer? ;)
I think this will re rate soon and people will get caught out as they did with BZM and a few others with not much free float
Prior to recent acquisition Peel Hunt had a broker target of 5p hxxps://www.brokerforecasts.com/companies/CZA Interesting to note the previous targets as much as 208p (Obviously prior to copius amounts of dilution) and the unusual coverage from the major investment banks that don't usually cover AIM/Small Caps such as Morgan Stanley, BOAML and JP Mprgan etc. Hopefully the recent acquisition is the turning of a whole new leaf here.
76.91% ;)
Shareholder Units held % of Issued Capital 1 M&G INVESTMENT MANAGEMENT LTD. 472,501,831 18.48% 2 HAOHUA ENERGY INTERNATIONAL (HONG KONG) RESOURCE CO., LTD 462,417,579 18.09% 3 YISHUN BRIGHTRISE INVESTMENT PTE LIMITED 428,269,242 16.75% 4 SUMMER TREES PTE LIMITED 257,884,615 10.09% 5 TMM HOLDINGS (PTY) LTD. 215,000,000 8.41% 6 INVESTEC LIMITED 130,189,330 5.09%
media here regarding the acquisition. http://www.enca.com/money/coal-completes-acquisition-of-uitkomst-colliery-from-pan-african-resources
RNS, Tightest spread ever
Officially a producer again tomorrow. Giddy up
Hopefully farmers will accept our final offer - will save having to go via the Courts and speed up getting surface rights.
and tiny movements ;)
That didn't last long, 3.05 now
3p on the ask
Bargain basement for not much longer ;)