Member Info for CoalDoctor

Nothing short of sp manipulation. Every time there is some buying interest the sp is knocked down on smaller volumes with a substantial over hang, daily average share price considerably higher than the miserable closing price for most days of 2018. Not to be reviewed by the bod raises many questions as this is just ridiculous ...valuation of half a billion zar

102262 ( disclosed )on offer on the jse @ 537 ZAR. ......someone is bent on killing this company

There really is no logical, current valuation, going forward, last 18 month hurdle overcoming eon to explain this sp or the constant ongoing downward trend with an increasing visible seller ( JSE ) , equally so the consolidation, the name change, increasing the pay roll , loss of top brass who was snapped up as cfo at our failed take over cga makes even less sense! Mr Brown's promises of " QUANTUM LEAPS IN THE SHARE PRICE " bear testimony to his character of being a man of his word . Only problem Mr Brown you're delivering in the wrong direction !

Where do you view this chart ? Is it possible to post on this forum?

We're about a tenth of that 600 Mil ZAR

A petty cash pick up for the big boys, a great basket of great mix of assets, develop at their own leisure , with no urgency or pressure. .......amazing exxaro is not breaking down the door

Market cap heading to the half a billion zar ....

Not to be over bearing but that selling pressure is still present .What issues are they aware of now!

Thanks. ...just that continuous selling pressure on the jse is bloody irritating

So are we in limbo at the moment or are we producing

Agree fully Bozmo, but the continuous selling pressure does not make any sense resulting in a sp that reflects a company grappling for survival rather than one on the cusp of realizing it's true potential. The sp should be on a steady upward trend in anticipation of that realization with exponential jumps as the sens/rns start coming through . This consolidation and name change has brought absolutely zero benefit just allowing the sp to continue its downward trend without looking like we're heading of the charts , at 20 zar there might have been panic selling or conversely some serious money flowing in, the latter more likely given the progress made. At these levels sideliners could be under the impression that there still is significant downside

Completely ridiculous share price in fact no one would conceive that this is possible given the progress that has been made. Poor management ( absolutely not acceptable to have sub optimal performance by your team at your only source of income impacting your production to such a level and you're still looking into the situation to find a solution !) Not acceptable! Increasing your salary profile by appointments that add zero weight to the value of the company ( what value has the last director added and at what cost ) and now another 3 posts created ! Not acceptable. The bod surely would have had to meet to appoint these directors so why has Vele's fate not been decided and communicated to the market! Not acceptable. The progress on a second cga , funding and off take agreements for makhado the progress of same should be communicated to the market continously and bod should be working tirelessly on keeping us, loyal and quite fed up with a relentless depreciating investment, informed. Post impairment , better weather, competent equipped working team at uitkomst, sale of accumulated stockpiles. ......if the next quarter doesn't deliver then it's time to pull out that sword and fall on it bod''s !

Agreed that's a great positive, but do we just attract hurdle after hurdle with snail pace progress on major issues

And a quarter that should be buried as well. ....can we even afford new directors? Even the contractor, the weather, no buy in coal , might as well have thrown in the kitchen sink as well, has to carry the blame!

Community meeting scheduled for May could be a drag, unlikely to stem the flow of the tide, looks like the war is won! Someone's got to inform the seller on the JSE

For zoutnet to concede that mining is inevitable , can only mean great news to follow

Troubled Gupta Coal Mines Threaten S. Africa With Power Cuts https://www.bloomberg.com/news/articles/2018-04-17/seven-south-african-power-plants-lack-sufficient-coal-supplies

How much more volume to go ! With the land issue hopefully put to rest, NOMR behind us hopefully , Vele's impairment accounted for and the sale of same to be announced in the very near term hopefully . .....someone is going to have to mop up that spilt milk !! or are the ones still loyally and faithfully holding on going to be waiting for the next quarterlys hopefully !

If anything was singed off, would it not have at least filtered its way to the sens / rns channel by now?

Are we at the lowest valuation ever taking into account the consolidation ratio previous low was in the ZAR 20c region for a very short period of time ( around a week or two )........really bloody inconceivable not to mention unbelievable