Member Info for cottoner

Prairie Mining aims to bring cheap coking coal to European steel producers https://www.youtube.com/watch?v=l3w8cqD8DJ0

Today's Contract RNS The Contract will run for 12 months, with an option to extend the Contract for a further 12 months at the end of the Contract period.

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FROM RNS of 30th Nov The Second Warrant is over a further 250,000,000 shares and is exercisable at a price of 0.65p per share in the event that all 5 exploration licences adjacent to the Nkamouna and Mada Cobalt-Nickel Project have been granted. These Warrants may be exercised at any time once all 5 of the Cameroon Licences have been granted until the third anniversary of the date on which the 5th Cameroon Licence has been granted.

From latest TU: 'Further progress is anticipated in 2018-19 as debt continues to be repaid from the strong operational cash-flow generated by the major changes which are now taking effect.' Doesn't sound like they have a cash flow issue- on the contrary.

Small cap stocks to watch in 2018 hTTp://www.branduk.net/ PDZ from 3mins in. Next on his ‘ones to watch’ is Prairie Mining Ltd (ASX:PDZ). ”They’ve got two key coking coal projects – the flagship of which has been referred to by many in the industry as the most advanced coking coal project in the northern hemisphere, which is quite an accolade when you consider the other mines that are around”. ”Coking coal is a critical mineral … it’s vital for the production of steel and as we know the infrastructure throughout Europe and the UK will require a lot of steel in future – plus we have the burgeoning electric vehicle industry too”.

System error caused dup posts.

For info: You bought @ 2.29 which is below the mid-price (2.3) at the time of the transaction, thus it was shown as a sell. Any trades at a price above mid-price are shown as buys , any trades below mid-price are shown as sells.

For info: You bought @ 2.29 which is below the mid-price (2.3) at the time of the transaction, thus it was shown as a sell. Any trades at a price above mid-price are shown as buys , any trades below mid-price are shown as sells.

For info: You bought @ 2.29 which is below the mid-price (2.3) at the time of the transaction, thus it was shown as a sell. Any trades at a price above mid-price are shown as buys , any trades below mid-price are shown as sells.

URU released their results today and included comments wrt their investment in MRS. Basically similar to MRS's comments in their recently released results. Fom URU's RNS. During the period, the Company increased its interest in Management Resource Solutions Plc to 17,550,000 shares of ("MRS") by investing a further £500,000 in cash at 5p per MRS share. The Company's shareholding currently represents 9.7% of MRS's current issued share capital. The Company's investment in MRS has a very positive outlook. MRS has two subsidiaries: Bachmann Plant Hire Pty Ltd ("BPH") and MRS Subzero Pty Ltd (trading as MRS Services Group, "MRSSG"). The markets which BPH and MRSSG service are the strongest they have been in years. BPH is currently working at fully capacity and has a strong pipeline of work to complete. MRSSG is experiencing strong demand, with revenues now exceeding $4.0m per month. The Hunter Valley thermal coal price has been strong and stable providing confidence for the coal mines to commit to repairs and maintenance and Yancoal has recently completed the acquisition of the Rio Tinto assets in the Hunter Valley. Both BPH and MRSSG were run as separate operations with little interaction or utilization of shared services and group purchasing during the financial years 2015‐16 ('FY16') and 2016‐17 ('FY17'). During late FY17 and 2017‐18 ('FY18') the company prioritized significant cost cutting and restructuring, and has restructured the senior management. The cost cutting and restructuring programme is now substantially complete. As reported by MRS for FY18, first half expectations are for Profit after Tax and earnings per share to exceed $2.2m and 0.8p respectively, whilst for the full year earnings per share of not less than 2.0p are in prospect. Further progress is anticipated in 2018‐19 as debt continues to be repaid from the strong operational cashflow generated by the major changes, which are now taking effect. We are pleased in our investment in MRS and look forward to its future growth in value for our shareholders.

MRS Services Group's Civil and Earthworks Division are currently seeking experienced Multi Skilled Operators to join our rapidly growing team. https://www.seek.com.au/skid-steer-jobs

CIL looking to buy stakes in overseas coking coal mines The government today said state-owned Coal IndiaBSE 0.75 % is hunting potential avenues for buying stakes in coking coal blocks overseas. In a written reply to Lok Sabha, Coal Minister Piyush Goyal said, "CIL (Coal India) is pursuing available opportunities for buying equity stakes in coking coal mines abroad." He said though the CIL Board had last year advised the company to explore the opportunities of acquiring coal assets overseas, very few prospective blocks in foreign nations have come up for sale. https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/cil-looking-to-buy-stakes-in-overseas-coking-coal-mines/articleshow/62179510.cms

PDZ today issued an RNS wrt to the EU naming Coking Coal being a critical raw material. The table within the RNS identified Cobalt as also being a critical raw material . https://www.investegate.co.uk/prairie-mining-ltd--pdz-/rns/eu-confirms-coking-coal-as-a-critical-raw-material/201712130700031566Z/

From RNS on 30th Nov - Acquisition of Interest in Cobalt Opportunity Strong market dynamics for cobalt o Cobalt price up 120% to $62,499 per metric tonne over last 12 months o Increasing demand for uses in Electric Vehicle ('EV') and limited new supply coming on-stream outside the DRC, which currently produces 53% of global supply Even since then the Cobalt price has risen sharply. Currently http://www.mining.com/cobalt-27-spree-sends-cobalt-price-fresh-9-year-high/ extract 'Cobalt prices have gone ballistic in 2017 with the metal quoted on the LME vaulting past $75,000 a tonne, a 127% surge year to date. Just over the last three weeks the price is up by more than 20%.'

Harvey�s prospects rise for hopeful Independent Independent Oil and Gas is hoping to drill its Harvey prospect in the North Sea more quickly after an upbeat assessment of its prospects. A new economic evaluation of the licence area suggests somewhere between 45 billion and 286 billion cubic feet of gas could be contained there. Twenty-one per cent of the reservoir is estimated not to be on the licence held by the Aim-listed company, though it is making moves to secure that area. The research, by ERC Equipoise, values the existing licence at �79 million. The post-tax net present value for the overall structure is forecast to be in the region of �159 million. Independent has said previously that it will drill a well on Harvey if the Oil and Gas Authority approves a licence extension. Yesterday�s report estimates the costs of that well to be �8.5 million. The figures provided by the researchers assume that a well is drilled in the first half of next year, that a final investment decision on the field is made in 2019 and that the first gas is extracted early in 2021. Independent owns 100 per cent of the Harvey licence. The company is re-commissioning the Thames pipeline to transport gas back to the UK mainland. Mark Routh, Independent�s chief executive, believes that Harvey could become the company�s largest single gas asset. He said: �The value is strengthened by the synergies with our southern North Sea gas development hubs, notably shared use of a Thames Pipeline gas export route.� Malcolm Graham-Wood, of Hydrocarbon Capital, said that if financing could be secured, �a highly profitable development should soon be under way . . . With UK demand for gas very strong and costs still under some pressure, [Independent] would be well advised to kick on as soon as is practicable. The upside looks substantial.� https://www.thetimes.co.uk/article/harveys-prospects-rise-for-hopeful-independent-bp8t9w0tn

'there' will be no perceived delay. mistype!

To be precise :-) The RNS on OCT 12th stated: In addition, we shortly expect to receive a further CPR on the Harvey structure which provides very material upside to our portfolio." The Company presentation stated : CPR due October 2017 IMO it is always a mistake to specify specific dates unless they are 100% sure of them being met. Missing such a timeline by a few days may be insignificant in the big scheme of things , but it appears to be a delay and does not shed a 'good light' on management. Hopefully the announcement will be made in October and their will be no perceived delay.

Current MCAP - �4,2m From the recent half-year results. Housing pipeline continues to build, although delivery still held up by Government o Completion of two extra care housing schemes, in Harwich and Walton-on-the-Naze o Pipeline of 23 appointed schemes with �197.9m of revenue anticipated to be recognised o Almost two year delay to extra care housing pipeline as Government benefit policy on elderly and vulnerable people continues to be reassessed. The Company however now believes this may shortly be unlocked

Any day ========= The latest IOG presentation which was updated earlier this month includes : Harvey Appraisal - Material Upside - 100% owned Current activity: CPR due October 2017