Member Info for diplomat

Looking at the last two sells someone has lost patience?

There is suppose to be a programme today regarding the potential takeover of Prairie mining at 12 o clock today
on www.parkiet.com and www.rp.pl.Later, the conversation will be available on the Parkiet TV channel on You Tube.
Taken from Hot Copper posting by Butzbuster.
Only problem it is in Polish!

It doesn't send out a very good message for companies that may want to invest in Poland.
I cannot see the Polish government wanting to see the bad publicity that a court case would bring. IMO

JSW are Europe' s largest coal producer and the largest supplier of coke 34.
I think the frustration Prairie have with the MOE and the internal politics surrounding the CEO of JSW
and lack of progress made over the past 14 months re co-operation and possible a deal ,has
forced Prairie to make a stand. It cannot be in any ones interest to have the resource sitting in the ground
indefinitely. A lot of Coke 34 is imported from Australia at present and Prairies assets can be produced
a lot cheaper. It would also create a lot of employment in the area.

Someone posted that Prairie are suing for a substantial amount in court for compensation.
As there has been nothing confirmed it may just be another poster wanting to make a quick buck
Lets wait and see iff we get an RNS at some stage. Seems strange that there has been a few buys this morning
Suggest we wait and see.

Late buy of 1,600,000 shares @ 95

CEO has the backing of the unions
That article was dated September and he is still CEO

Someone confident who bought 70,000 @ 30.839

Should have put in JSW

Another article allegedly from Reuters saying that they wish to take over Prairie but in there opinion it was more likely to be October than September. Taken from a posting on Hot Copper

From reports i have read on Australian Board Hot Copper (unconfirmed) there is an internal dispute within JSW as to the future of the CEO.

You would like to think they haven't both wasted each other's time for the past six months!!

Thanks ,interesting article the sort you need to read a few times to understand it.

Have a look at their website. It gives you all the projects they are involved in.

Excellent RNS

Interesting post on Hot copper.

Difficult to buy in quantity

Step in the right direction

I also phoned and the young lady said she would get someone to phone me back and true to her word someone did phone this afternoon. Very polite and a general discussion similar to your phone call. If you feel that the issues can be resolved you stay investing here and if not sell. With AIM companies there always seems to be a skeleton in the cupboard of some sort to dampen your spirits?