Member Info for NatCoalKing

Try not to be too disappointed. It's the core assets that have the real value in them so keep your chin up as there are plenty of those.

God bless you father. Plenty going on, which is good news. Just need the SA Reserve Bank approval and this share will share to move.

I see the report mentions the second tranche of $20m from Deutches Bank has already been released to the company. The suspension is not about that then.

It's all happening at the moment. Links to your post: http://www.asx.com.au/asxpdf/20130501/pdf/42fmh0p4m5slqd.pdf http://www.asx.com.au/asxpdf/20130501/pdf/42fmgz1tvn1pql.pdf

A 38% spread now on LSE. That'll put a stop to those pesky buyers! lol

http://www.asx.com.au/asxpdf/20130430/pdf/42fk5zc6j05vjh.pdf The plot thickens!

Will be interesting to see the GXY release tonight. If GXY need another AUD$20m, say, then perhaps various investors might stump that up between them, including CRHL to a small extent. If they did, it would have been some pretty decent trading as CRHL sold some towards the end of last year at around AUD$0.40 (I winced when they did it as I thought it couldn't go any lower and we were selling at the bottom) and they can buy them back (and hopefully a lot more) for almost half the price that they sold them at!

They are keeping the spread wide to deter buyers but people are still buying. They can't carry on like that for long without upping the bid to encourage some sells. Rinse and repeat and we have a share price that's going places.

If it hits 8p again, I will be a very happy man. Trading halt release for those interested: http://www.asx.com.au/asxpdf/20130426/pdf/42fglyw9f6gj1g.pdf

Don't remind me about the heady days of 8p - I bought my first lot at 6.8p! Now averaged down to 0.5p though so I'm feeling a lot better about things.

I hope that £200 one this morning isn't yours. I was expecting something a little more spectacular :-)

I imagine Village will be. Please press the recommend button if this post has been of any help. :-)

That 1.1m buy was being worked through over a couple of days by the looks of it. I can now dummy sell now that has been unleashed at 0.51p.

That figures - I'm still trying to obtain a dummy sell at HL! Definitely something going on here. Hopefully we'll see the next leg up when they decide to stop playing around.

Yes, looking forward to those. Haven't been able to get a dummy sell through all day!

I don't have the benefit of L2 so I thought I would try some dummy sells today. Unfortunately HL won't execute the order despite having tried various amounts, large and small, to try and get a quote. Perhaps then, they are allowing buys through at 0.50p and by not allowing any sells, it is made to look as though the 0.50p transactions are sells. That sounds rather crafty to me but I wouldn't put it past them!

I agree, it wouldn't look good if there were overlapping directors of CRHL and GXY. CRHL is 52% owned by the Creat Group so the Creat Group can use us as their "shield" to do whatever they want as they have the controlling interest over us.

For those not signed up to Hot Copper: http://www.galaxyresources.com.au/documents/DocGXY279ProductionUpdateatJiangsuPlant.pdf

Good news and nice little tick up at the end of play with no trades! CRHL might leave the $1.6m in the bank for overheads for the next few months, but it might be worth ploughing some of that into increasing our holding in GXY as the returns would be much better over the next few months. I liked this bit of the RNS: "Creat Group has also agreed to a quarantine of interest as at the date of repatriation of funds on those loans repaid with no further accumulation of interest until such time as the company is able to repay the interest component." They really are looking after us. I wonder why?

I may be being a bit cynical here, but I am expecting the share price to remain at these levels until just after 29 April when the Village Main share transaction will have finalised. That way, those being relieved of their shares won't need to be paid more than is necessary for them and they will be made to feel like they have done the right thing with a subdued share price. Hopefully after that exercise is out of the way, it should start moving north as Village Main may need to buy some off the market to top up to their 19.9% figure and things can move forward to include, I expect, further announcements to enhance the share price. After all, I assume Village Main know what they are getting themselves into and can make a healthy business out of all this.