Member Info for diplomat

Quote
"The Ministry of Energy has instructed JSW's management to prepare the analysis on the aquisition of only Debienska leaving Bogdanka with possible investments in the planned Jan Karski mine.
From what i can make out the energy ministry did not like the suggestions put forward by Ozon.
Something will have to give sooner or later as we have wasted far too long with negotiations with JSW and are still nowhere near an agreement.

I may be missing something but don't see anything different to the previous RNS to this one only that we will have to wait a bit longer for results

A RNS in 2016 stated that the Polish government was eager to support investments that enhance the raw materials independence of the country which contributes to its energy security, It was about this time that the Polish mining industry was introduced to roof bolting technology by Prairie and Poland implemented it to improve mine profitability, safety and maximise resource extraction. If they are not happy with foreign investor's having a stake in a state run firm they have two alternatives. 1/ buy us out completely or let us get on with developing the mine. We have shared technology over the last couple of years to up date their mining techniques and the Polish government have done everything they can to frustrate
the development of both mines that we have. In 2015 they had the chance to take over the New World Resource instead of PRAIRIE and were not interested as a lot of the mines in Poland were losing money due to the price of coal and coking coal
at that time. Now it is profitable they are playing hard ball to get them on the cheap and don't want to pay the going price. Without Prairie's know how they would not be as valuable as they are today. Let the CEO of JSW get on with his job and the Polish government get on with theirs otherwise we give them an ultimatum and if not met go to the International courts for compensation.

Looks like they are having another go at getting rid of the CEO of JSW.
Ministry not happy with his involvement over Prairie interest.

Maybe they will come to the same conclusion as us and see them in the courts.

It seems we are not the only one experiencing problems with the Polish Hierarchy.
Balamara had hoped to see a mining licence issued in the 1st quarter of 2019 for its Now Ruda mine.
" We have experienced a significant delay within the process to grant the final permit needed to develop the Nowa Ruda mine"

Been on the new site for about two weeks now. It seems a lot faster than the old one and i like the portfolio section
and some of the newer features. Lets hope it will be a lot more reliable than the old one.

Same person selling into the rise again?

Looks like the seller is getting a bit more adventurous 1,750,000

Looks like the seller is getting a bit more adventurous 1,750,000

I think seller bought in very low and is now taking some profit.
People will have their own ideas as to who it is?
76% of ECR owned by major shareholders according to their web site. So not a lot in free float.
On that basis if we have good news in the coming weeks it could move swiftly
GLA

Agree someone has sold into every rise we have had lately.

Up 14.67% on no trades, think what this might do on one trade !!!!!!

Hope we have some long term investors with this news or half the buys so far will be sells in a couple of hours time.
Just the way the market is these days.

I think there are people disappointed with the reaction to the news this morning. A few bought and sold already

Good post

Trading halt in Australia

Is my maths right in stating we have 1.36% of Hawkstone?

Been patient here for a long time so would be nice to see an end product in the not too distant future

Looks like someone is selling into the rise 6x 500,000 in the last couple of days.
75.42% held by major shareholders so will not need a lot of buying to accelerate the price.