Member Info for reggie72

yep still significantly below the oversubscribed placing. If the board are paying 0.5p then I am buying here.

buyer is back! I have filled my boots too here

very good overview of the assets. Wick alone pr 250m barrels of oil P50 potential.

crafty market is putting all buys through on the nex exchange!

1m buy 0.55p. no idea why this isn't further up nr 1p?

plus oversubscribed placing at 0.5p in which the board took part. No further dilution needed on this now.

yep ridiculous. fully funded for drilling through bfs. coal at 9 year highs and demand growing for domestic, international and emerging markets. anr target premium thermal coal currently north of $100 per tonne, geologist identified 100m tonnes plus in this area. Chinese partners willing to invest $33m in this project but that is now not need but could go into other projects as the CEO alluded to in RNS. mkt cap 5m.

drill permit award next and not far off is my guess

cant wait for the Wick drill, then there is Colter and XX1 all this year and funded!

harsh drop - Wick is a big deal project and big rig needed!

there you go 2m buy 0.385p

buys are at 0.38-0.4p

decent volume last few days. be better to see this north of the oversubscribed 0.5p placing and back to 0.75p where it has fallen from in recent weeks.

Done the placing and now fully funded!

yep who knows but with $20-30m available we could always get a bonanza acquisitions rns.

read the rns! it seems to me they are looking at buying more assets. obviously we know the Chinese can afford to put $m's in if needed. and NL makes reference to it.

yeah nobody is looking at the bigger picture on Arckaringa alone let alone the financial backing of the Chinese partners, you could do some serious acquisition work with $33m! great time to invest in assets.

0.5p on the offer. just where the placing was

NL said he has big plans for ANR at the Q&A always wondered what that could mean outside of Arckaringa. $33m cash could go elsewhere that the Chinese were/are willing to invest..

news on the horizon?