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Think we all agree; we can’t see any point or anything 250k is 8p v 19p.
Punto pinto!!
Cannot see anything happening until after the election (13 October 2019).
The coop agreement ends soon? Renew, lapse or announcement?
Shackles off this month wonder where we go from here
I notice PDZ in Aus up 18% on Hot Copper.
That now brings it up to 14.5p compared to our price
Maybe a bit of movement as we get to the end of September
Prairie has assets of 300m tonnes of coking coal. Gregory Crinum mine in Aus sold for $100m USD recently with 159m tonnes of reserves. An extrapolation would value Prairie at approx £153m or 72p a share.
Ignore posts below lol, the article is news from 21 Aug '2018' !! DOH!
i'll go back to sleep, GLA, DYOR, all the best. d
extract .....
'Some of Polish companies are already present in Australia, they have contacts with business and scientific partners of this country. Australian entrepreneurs appeared in Poland, especially interested in our hard coal resources. By the end of August this year, Jastrzebska Spólka Weglowa may conclude analyzes regarding potential cooperation on Prairie Mining coal projects in Poland.'
Hi - Don't normally post on share forums but found this article on the web from yesterday's Polish news 'Biznez Alert' which may be of interest, Prairie are mentioned. GLA.
/https://biznesalert.com/poland-duda-coal-lng-australia/
JSW Coking coal group JSW is working on a plan of potential taking over peer Prairie mining's licences and assets "in a way aimed at protecting interest of the State Treasury and of the company" deputy Energy Minister Adam Gaweda told reporters.
If true you would have thought there would have been a bit more interest shown here than at present.
Well, not much of an update!
We need to know if PDZ can apply for another injunction if the gov try and involve third parties obtaining the assets.
Not holding my breath though
Details of the case merged in the same week ICSID instructed the government of Pakistan to pay more than 8 Billion dollars in compensation to a formerly Australian owned company that was denied a licence nine years ago
In 2002 Perth based Gippsland Ltd were travelling to the resort town of Abu Dabbab about 700 Kilometres south east of Cairo to inspect a billion dollar rare earth mine. The plan was to mine tantalum a mineral used in electrical circuit capacitors. With an Egyptian government agency as potential joint venture partner they had every reason to feel optimistic. Not so now seventeen years later the company is suing the Egyptian government for potentially hundreds of million dollars after the military regime blocked plans for what would have been the largest tantalum mine in the world. The case will be heard at the ICSID a world bank body based in Washington that hears cases brought by companies against sovereign governments.
I wonder!!!
The Supervisory Board of Jastrzebska Spólka Weglowa (JSW) appointed, on 1 August 2019, Wlodzimierz Herezniak to the position of the company's president. The first and most urgent task of the new president will be to calm the hot moods among the crew.
The previous president of JSW, Daniel Ozon, was very much in favor of trade union organizations that even protested in front of the headquarters of the Ministry of Energy in Warsaw. An important issue that Wlodzimierz Tuzniak needs to address is the negotiations on cooperation between JSW and Prairie Mining on the projects of the Debiensko and Jan Karski mines.
The most difficult challenge for the new president will be facing the economic slowdown and falling prices of coal and coke.
https://www.wnp.pl/gornictwo/trzy-najwazniejsze-zadania-dla-nowego-prezesa-jsw,349424_1_0_0.html
If he was president of Prairie he would certainly be a useful asset in an arbitration dispute.
Show the Polish government up for what they are.
Nor I - could be he knows all about the skeletons in the gov and blackmail the buggers.
The coop goes on until Sept I think which may mean nout till formally termnated.
Then hopefully, the day after, notice of arbitration served - take the lead
Extracts from post in Australia thinks Daniel Ozone will be president of Prairie soon.
Cannot see what that would achieve if true.
But what do i know
How about letting shareholders know what steps are now being taken over the future of the mines?
That’s what I said! A bb that agrees 100 pc. That’s rare
Trouble is they do not have the money to buy us out and don't want us as competitor's if we go ahead with the mines.
Arbitration the only way forward IMO.
was hoping for some update saying cooperation with JSW now over and preparing arbitration proceedings - put the buggers on the back foot.
However, we are outsiders so not aware of the masterplan!
Poland is suppose to be the second best place in the world to do business says a new report.
I know one company that would not agree with that!!
All heating up , gov giving more evidence of their ulterior motive. May take longer but it’s coming along nicely.