Member Info for aceinvestor

The 401 results were out in Jan and we had an update a few weeks ago. The CSR is a technical document that always had to be produced within 2 years ie. end of July. I don't think that will be price sensitive as it won't have any surprises.

The funding requirement have been known for months so why withdraw the resolutions from the agm? Clearly something changed or is it down to the naivety of the board?

http://www.mining.com/thermal-coal-prices-hit-6-year-high/

Another reason to get a move on!

http://www.portafolio.co/negocios/central-termica-la-luna-llega-como-alternativa-confiable-en-la-generacion-de-energia-518798

The La Luna thermal power plant received its environmental license on June 27. The project is located between the municipal capitals of El Paso and Becerril (Cesar) and is characterized by having its own coal complex that supplies the ore from the mine to the generation plant.

Is that an unpaid role or is the bully boy trying get a job for one of his mates?

At least we're holding up, unlike summ!

Thanks. I think he means www.investegate.co.uk unless he wants us to hire Philip Marlowe. But there's nothing there it's just where rns' go.
We know Sloane are doing great things and La Luna is mentioned a lot. But will we ever have anything to with it?

http://www.portafolio.co/economia/infraestructura/dos-extranjeras-operarian-la-linea-la-dorada-chiriguana-517745
Says they're owned by Talis Capital and are developing La Luna!

http://portal.anla.gov.co/sites/default/files/res_0911_18062018_ct_3106.pdf

Document re Sloane's power station. Note it refers to La Luna Mine licence from January!
Page 28 says they will take all the output of La Luna (I think! I'm not a Spanish speaker!)

Val were clever there by making them insiders, so they can't say anything!

Clanger (on twitter) says there's a major deal coming and he ought to know, he's a store manager!

There's no deadline as such. Accts are needed by end of Sept but they'll just get warnings before anything happens. One would hope the deal is still on and we'll hear soon. If it's off I suspect they'll just strike off the company since they must have spent all the money.

At least the company can choose whether to convert. They haven't said how they would calculate the price though.

It was mid-price at 1.03. The bid/offer was 1.01/1.05 at the time so the systems can't tell if it's a buy or sell.

We have one less thing to worry about. David Hibbs was appointed in Jan as COO of La Luna and he's still there on LinkedIn, presumably on a good salary. One wonders what he does. I presume Sloane have financed things so far but much longer?

The last significant info re. La Luna is some sort of environmental report done in January. Anyway, we're all in the dark so let's see what Sunday brings. John May is here: http://www.city-westminster.com/page.php?5

Petro's policies are to get rid of oil and coal exports, and not renew any existing licenses. I can't see anyone, even the mysterious Capital Resources Inc investing $20m in that climate. Hence the reason we've had no news imo. As for the election who knows? There was another candidate who had 24% and he recommends blank votes! One pole shows Petro just 5.5 points behind. Logically the right wing candidate should win but when has logic applied to elections around the world lately?

It doesn't matter what's been done, if the left wing guy wins on Sunday that will be the end of coal investment in Colombia.

There's a run-off election on 17th. One of the candidates is against most coal development, but polls suggest the right wing guy will win. We all know how good polls are! Maybe they're waiting for that now that it's so close - who knows?

Right, I see it. Good stuff.

"Clear Leisure (CLP), a minnow with a technicolour history, is digging into cryptocurrency mining." I wonder why it's mentioned today.