Member Info for guzzler1962

As long as its not a Canadian and a Welshman there's no need to panic.

I've had it clarified twice by the company that the seller or sellers are not the major shareholders. Who else has a holding big enough to be constantly offloading?

$33M.

Stalin, the Chinese were behind the company when they were attempting UCG. Anr failed to get its licence and the fear was they had walked away. The MOU shows they are behind us, with the original funds, $33, which we don't now need due to change of direction. The SP rose in anticipation of some of that cash going in the bank. When it didn't, peeps sold. The fundamentals are now stronger, even though the SP is lower. AIMO.

Rns out. Half yearly report.

Luckily I can spot them, but if in doubt, give them a miss! I could always introduce you to Ms Minogue aunt if you prefer?

He's there between 10th April and 21st April. Maybe a stopover in HK on the way back? Or Bangkok (I would)?! So realistically an update by Month end with snippets in between?

Cheers dman. I've done well here before buying at 3.5p. Bailed a bit early but happy with this reentry. Once seller confirmed out should head back towards double figures.

Got some at 7.25. Hope I'm not spiked.

Just had a 0.7p quote for a grands worth. Now NT for any amount :(

Indeed reggie, the government are fully aware of the demand and want to exploit it. And Nick said he met with them in January I believe?

Canavan says the government must �bolster the community support for the resources sector� including through an �ongoing campaign� to inform people of its benefits. Canavan accuses environmental lobbyists of opposing coal exports for �dubious and self-serving reasons� and Labor of �talking down a great and beautiful Australian industry� by questioning the economics of new coalmines. �They are acting against Australia�s interests by failing to support our second biggest export, and they are also flat-out incorrect.� Canavan cites increasing demand for thermal coal, which he says will be 480 million tonnes of coal equivalent higher by 2040 than today in the Asian region.

Canavan says the government must �bolster the community support for the resources sector� including through an �ongoing campaign� to inform people of its benefits. Canavan accuses environmental lobbyists of opposing coal exports for �dubious and self-serving reasons� and Labor of �talking down a great and beautiful Australian industry� by questioning the economics of new coalmines. �They are acting against Australia�s interests by failing to support our second biggest export, and they are also flat-out incorrect.� Canavan cites increasing demand for thermal coal, which he says will be 480 million tonnes of coal equivalent higher by 2040 than today in the Asian region.

The taskforce will have six months before Canavan will develop a national resources statement, a blueprint for the sector to be released in the latter half of this year. Canavan spells out a number of challenges for the resources sector including the need to �improve the timeliness of approvals for major projects�. He warns Australia�s environmental laws are �being abused by well-funded groups with a wider agenda than the protection of the environment�. �The high-profile Adani Carmichael mine has been subject to 13 separate court cases,� he says. �Twelve of them have been resolved with one matter left outstanding.

Matt Canavan has announced a resources taskforce to help the government increase exploration, improve the �social licence� for mining and increase coal exports to Asia. The resources and minister for northern Australia will unveil the Resources 2030 taskforce at the National Press Club on Wednesday and warn that environmental groups are abusing laws to delay major projects. In the speech, seen by Guardian Australia, Canavan says the taskforce�s job is to �focus on policies that can attract investment, contribute to regional economic progress, build community support, cut red tape, find new minerals and ensure that Australia gets best use of its mineral resources before they are exported�.

https://www.theguardian.com/australia-news/2018/mar/28/matt...

Rio Tinto Announces Sale Of Entire Interest In Kestrel Coal Mine, Australia 3/27/2018 9:37 AM ET Rio Tinto PLC (RTPPF.PK,RIO.L,RIO,RTNTF.PK) announced it has entered into a binding agreement with a consortium comprising private equity manager EMR Capital and PT Adaro Energy Tbk for the sale of its entire 80 percent interest in the Kestrel underground coal mine in Queensland, Australia, for $2.25 billion. It will bring the total amount achieved from the recent divestments of Rio Tinto's Queensland coal assets to $4.15 billion, with the funds to be used for general corporate purposes.

At the FT Commodities Global Summit last week, Glencore�s chief executive Ivan Glasenberg said he believed coal still �had a life� because of demand from emerging markets. �The developing world � India, China, Malaysia, Vietnam, Indonesia � are going to burn more coal . . . it is the cheapest form of energy production in the world. Poorer and impoverished nations have no alternative,� he said.

I'm very mindful of that Reggie, must be difficult. I bet most have been there. I paid 7p for mosman, 1.6p for prem. Over 3p for uru and lost £21K on nyo. Let's hope this new direction by ANR will buck the trend. Good luck.

It's a shame it's come to that over there. I think you've getting a good entry here, I know peeps who are in much higher. I've paid below 0.3 and highest at 0.65. It's been a bit of a ride this year but hopefully it's on the turn. Good luck.