Altona Energy Share Discussion Threads

[unionhall] 16/12/2016 12:40

....possiibly because there is no bargain here ? just a massive gample ?

[jbennett] 16/12/2016 12:33

Interesting too see the lack of bargain hunters at these levels this time.

[pembury] 09/12/2016 12:18

Many questions at the ready?

[pwilk47490] 02/12/2016 22:19

Maybe the South Australian Government may stump up some cash to help/speed the project along long-term?

[pembury] 02/12/2016 11:30

looks promising for license award shortly

[azalea] 02/12/2016 10:43

I would have thought if South Australia was suffering an economic down turn, industrial demand for electricity would have dropped. If the economy picks up, power shortages will get even worse - a positive scenario for ANR.

[melodrama] 02/12/2016 09:48

OK many thanks CF On my watchlist.

[cheekyfella] 02/12/2016 09:46

melodrama -- PEL Application 604 was lodged by Sapex Limited, a 100% subsidiary of Linc Energy Ltd, which is now in administration -- so essentially they will be unable to satisfy the licence requirements leaving the coast clear for Altona to get approval.

The interesting part of the RNS is Mr Zhang's closing statement -- "The South Australian region is currently experiencing an economic downturn and power shortages are a regular occurrence. We therefore continue to believe the Arckaringa Project will be a high priority for the government given its potential to provide a large number of new jobs and a source of long-term energy supply for the state."

It's quite possible the long term holders among us might finally realise some value here -- if you're thinking of buying melodrama, now might be a good time to tuck some away down the back of your sofa -- but you need to be blessed with patience :-)

[melodrama] 02/12/2016 08:29

"The government has advised that our application is the next to be assessed in the event the new owner of PELA 604 has no interest in the licence or is unable to satisfy the licence requirements. We understand the government anticipates being in a position to engage with the new owner of PELA 604 early in the New Year." Not a holder but looking to buy in at some point. Sorry for being a potential thicko here, but I don't understand that Para, who is "The new owner" if it is not us? Surely they mean existing owner?

[dempsey2] 02/12/2016 08:25

Did our comatose patient just blink?

[jbennett] 30/11/2016 16:33

Huge volume today

[jbennett] 16/11/2016 16:57

Its been a long 5 years for me.

[p0pper] 16/11/2016 15:32

jbennett, you wait until you have been here for 9 or 10 years like a couple of us.

[jbennett] 16/11/2016 12:41

Absolutely bored sh!tless with this now.

[fozdad] 19/10/2016 10:31

But not as we know it, not as we know it, not as we know it
It's alive Jim.....

[newkid] 19/10/2016 10:29

Well at least Altona is still alive.

[mc7y] 06/9/2016 10:58

Back to sleep :-(

[newkid] 06/9/2016 09:08

Fundamentally no change apart from new terms. Need that PEL licence before we see anything positive from Altona.

[cheekyfella] 06/9/2016 08:27

Wake up everyone :-)

[pembury] 22/8/2016 14:34

3.325m buy at .54p
hope the deal is coming back!

[pembury] 03/8/2016 07:30

Not muchpoint Popper4. False dawn after false dawn, year after year and the BOD still get their huge salaries. Easy money, rewarding failure time and time again.