Anglo Pacific Share Discussion Threads

[piedro] 25/8/2015 14:18

Awaiting the Interim Results
:-)

[bolador] 25/8/2015 12:47

gavapentin,

Yes, absolutely. This stock has resisted the recent carnage which means either sellers are exhausted or there is someone always ready to pick up the days offerings.As I suggested two weeks ago Narrabi may have been a real bargain with such news as we have had being in support of the possibility. The RSI of the shares has been phenomenal this summer so far.

[gavapentin] 25/8/2015 09:48

Interesting how this has held up.

[buywell3] 22/8/2015 17:18

All about timing

USA DJIA wants to say hello to 16,000 chartwise

If it stays there for a few weeks ie sideways , then it's a b@stard for the chart

Another China cut of say 3% for starters and the DJIA could drop to 14,000

Especially if China adds on another 2% cut to make a total for 2015 of 10%

This is still small potatoes when compared to how much the Yuan has appreciated V $USD over the last decade

Personally I think the Yuan could yet be cut by another 15% chartwise to get it about 50% to where it was 10 years back V the US dollar

So expect enforced $USD strength

Which will hit the USA hard re exports and be bad for commodity prices

Rates in the USA are near zippo

They only have QE5 left in the tool bag ..... another bubble in the making when they start printing yet again

GOLD to over $2,000 in 3 years now my call

[bolador] 13/8/2015 10:06

Cup always half empty for some. If there was any updated guidance available from Kestrel the board would no doubt have passed it on, in any event the coal remains in the ground if not taken this year. Meanwhile Narrabri looks to have been a snip.

[piedro] 13/8/2015 09:29

LOL QP,

DYOR

[christh] 13/8/2015 09:23

Kestrel Mine

Kestrel Mine, located 40km north east of Emerald in central Queensland is an underground operation, supplying world markets with around six million tonnes of coking and thermal coal per annum.

Previously known as Gordonstone Mine, the operation was opened by the Atlantic Richfield Company (ARCO) in 1992. Rio Tinto purchased ARCO's 80 per cent interest in February 1999 and the operation was reopened under the employee-voted name Kestrel Mine, in honour of the small falcon bird that can regularly be seen flying over the area.

The Kestrel Mine Extension was announced in 2007 and construction commenced in 2008. In October 2013, the US$2 billion dollar extension was opened, adding 20 years to the mine’s life. It is one of the most advanced and sophisticated underground coking coal operations ever built in Australia.

Rio Tinto Coal Australia manages the operation on behalf of the joint venture partners, Queensland Coal Pty Limited (80 per cent) and Mitsui Kestrel Coal Investment (20 per cent).
Mining and production

Kestrel Mine is an underground mine which uses the longwall and continuous miner method to mine high quality coking and thermal coal for export. More than 440 employees (as at 31 December 2013) work in shifts to keep the mine operational 24 hours a day, seven days a week.

The coal deposit is part of the Bowen Basin, a significant Permian coal basin stretching 600km long and 250km wide.

In 2013 the mine produced 2.553 million tonnes of coking coal and 463,000 tonnes of thermal coal. After being washed and prepared for sale, the coal is loaded onto trains for transportation 300km to the Port of Gladstone where it is shipped to international customers.

Kestrel Mine had marketable reserves of 112 million tonnes as at 31 December 2013.

[quepassa] 13/8/2015 08:28

What would be interesting also to know is if there is any updated guidance for their biggest royalty, Kestrel.

Last week, when Rio reported, Rio specifically said that another longwall changeover at Kestrel was planned for later this year 2015.

When there was a longwall changeover last year 2014, this is how APF subsequently described the impact of that 2014 longwall changeover in their 21/1/15 RNS.

"During Q4 2014 the Kestrel mine underwent a long wall change out which significantly reduced overall mined tonnage."

It may be interesting for APF to update guidance on Kestrel in view of Rio's planned longwall changeover later this year.




ALL IMO. DYOR.
QP

[paleje] 13/8/2015 07:54

So that explains yesterday's little rally. "Continues to exceed"...directors were buying in the mid 90's a few months back.

[buywell3] 13/8/2015 07:47

Holders here must take into account that China is a bust

Devaluation has only just begun



10% by the year end looks likely

Another 10% next year

China will buy COAL and IRON ORE .... BUT the price will be less than now

[cwa1] 13/8/2015 07:39

Fairly upbeat:-

August 13, 2015

Anglo Pacific Group PLC

Narrabri production guidance FY2016

Anglo Pacific Group PLC ("Anglo Pacific", or the "Company") (LSE: APF, TSX: APY), the London and Toronto listed royalty company, is pleased to provide an update on its Narrabri royalty following the release of Whitehaven Coal Limited's ("Whitehaven") (ASX: WHC) Full Year to 30 June 2015 Results.

Whitehaven has announced its guidance for Run of Mine ("ROM") coal production for the next fiscal year at the Narrabri North mine to be 6.6 Mt to 6.8 Mt.

Julian Treger, Chief Executive Officer of Anglo Pacific, commented:

"We are encouraged by Whitehaven's production guidance for FY2016 which is a testament to Whitehaven's management, who have delivered one of the most productive and lowest cost underground longwall coal mines in Australia. The expected coal production for next year is above the 6.5 Mt of ROM coal production that Anglo Pacific had assumed at the time of the royalty acquisition. This royalty continues to exceed our expectations."

[bolador] 12/8/2015 16:25

Interesting counter trend rally today.This is extraordinary in view of the commodity markets. APF 88.5p, vol 219k

[rcturner2] 12/8/2015 08:50

Commodity performance is closely correlated with emerging markets. I think this is a very dangerous time for both, as the dollar is strengthening and places like China are clearly in trouble. A perfect storm of over supply and falling demand.

[christh] 12/8/2015 06:54

Coal exports breaking records at Newcastle

12 August, 2015 Ben Hagemann

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Coal exports breaking records at Newcastle
Latest News

Coal exports breaking records at Newcastle
Support for NSW coal at Parliament House
Port Waratah Coal Services (PCWS) has had a record day for coal loading, with 495,000 tonnes loaded onto ships at Newcastle on Monday.

PCWS boss Hennie du Plooy spoke at NSW Parliament House last night, telling Liberal Party coal supporters that the industry is running strong.

"Despite challenges that the industry is going through, the coal chain in the Hunter Valley as a whole is running at a record rate for the month to date, well in excess of 180 million tonnes," he said.

"While it's challenging, it's not all doom and gloom."

Du Plooy said coal was the second largest source of Australian exports, after the iron ore industry, and that Australia was the second largest exporter of coal in the world.

“According to NSW Minerals Council economic survey for the 2013/14 year we employ nearly 22,000 people directly, and 140,000 people indirectly, and contributes $13.6 billion to the NSW economy.”

At the Newcastle Business Club lunch on Tuesday du Plooy said Newcastle was likely to export about as much coal in 2015 as it did last year, while volumes from Indonesia had fallen by “about 20 per cent year on year”.

Port of Newcastle executive manager of trade and business development Peter Francis said Newcastle had about 4500 ship movements in 2014, and modelling showed the existing channels could handle 10,000 movements a year, implying there was a potential for doubling of trade at the port.

Of these movements, 1717 coal ships visited the Port of Newcastle in 2014.

The coal export industry has also been booming in Queensland, with coal exports for the end of May reaching 200 million tonnes, while exports were expected to reach 220 million tonnes for the end of 2014-15.

[bolador] 11/8/2015 09:12

Curiously APF remain at 84p and xd 4p too. This is odd in the light of the bearish press on commodities and coal in particular.Those who huff and puff don't seem to be able to blow the house down. As to nuclear, good luck with that especially as bad luck is, well, not good at all.

[quepassa] 11/8/2015 07:18

Four years on from the Fukushima disaster, Japan restarts nuclear reactors.

As reported on the BBC:-

"Since shutting down all nuclear plants, Japan has been relying on imported fossil fuels for its energy, at huge expense. The government has said nuclear power must resume to cut both import bills and growing CO2 emissions."

A total of 25 nuclear plants have applied for permission to restart.

Full article




ALL IMO> DYOR.
QP

[neilyb675] 10/8/2015 19:35

"Coal is in high demand globally and will not subside."

______________________________________________________________

.......I STOPPED READING AT THIS POINT. I AM INVESTED AND VERY HAPPILY SO.

[christh] 10/8/2015 18:55

The report is not current.
Coal is in high demand globally and will not subside.
RIO TINTO is selling its coal mines in NSW and you have X2 and Glencore trying to buy them.
So what this means?
Unless someone is short sighted and does not see clearly the future for coal,
the global demand for coal, the economics behind energy.
Why mega mining companies like RIO TINTO is developing coal mines in Africa,Asia,North America etc.
Maybe the price is low at present will affect revenues in mining stocks involved
with the production of coal but it will not remain at these levels.
Coal will burn to generate power for the next 200-300 hundred years until the
world moves to alternative power sources if the economics permit and the demand
for power falls.
Remember that coal as you know it has changed as technology now can control emissions and remove the stigma of pollution.

It uses the same technology as the car use a catalytic converter.

Remember oil is cheap and is used as a fuel because Saudi Arabia has increased
production to bankrupt high cost producing companies.
But Iran is start selling now as the sanctions against have been dropped.
What will they do?They may decrease production and push the price up because Iran
is a threat to them economically and politically.
Also Russia, a major oil producer, has been punished because of the Ukraine situation but this will change too.
So coal is indirectly affected by global economic and political situations
but again that can be changed.
China's growth is not going to deliver 7% as they have said.But will the Chinese government remain idle and let their economy collapse or change back to its track
in dominating the World economy?
Do the Chinese leaders worry about their seats?
How will they react to secure their jobs?

So this is something to think about rather than give credibility on some reports which do not mean nothing.
The reality is more coal mines are been opening and more coal been shipped out.
APF has a secure and growing future!

[neilyb675] 10/8/2015 13:36

Divi reinvested at 83p, very happy with that.

[christh] 09/8/2015 20:40

Both reports are not current. One of them is June and the other February.
Coal is in high demand globally and will not subside.
RIO TINTO is selling its coal mines in NSW and you have X2 and Glencore trying to buy them.
So what this means?
Unless someone is short sighted and does not see clearly the future for coal,
the global demand for coal, the economics behind energy.
Why mega mining companies like RIO TINTO is developing coal mines in Africa,Asia,North America etc.
Maybe the price is low at present will affect revenues in mining stocks involved
with the production of coal but it will not remain at these levels.
Coal will burn to generate power for the next 200-300 hundred years until the
world moves to alternative power sources if the economics permit and the demand
for power falls.
Remember that coal as you know it has changed as technology now can control emissions and remove the stigma of pollution.

It uses the same technology as the car use a catalytic converter.

Remember oil is cheap and is used as a fuel because Saudi Arabia has increased
production to bankrupt high cost producing companies.
But Iran is start selling now as the sanctions against have been dropped.
What will they do?They may decrease production and push the price up because Iran
is a threat to them economically and politically.
Also Russia, a major oil producer, has been punished because of the Ukraine situation but this will change too.
So coal is indirectly affected by global economic and political situations
but again that can be changed.
China's growth is not going to deliver 7% as they have said.But will the Chinese government remain idle and let their economy collapse or change back to its track
in dominating the World economy?
Do the Chinese leaders worry about their seats?
How will they react to secure their jobs?

So this is something to think about rather than give credibility on some reports which do not mean nothing.
The reality is more coal mines are been opening and more coal been shipped out.
APF has a secure and growing future!

[buywell3] 08/8/2015 13:47

For those of you that have bought this on the back of Chinese demand for COAL


Note the chart ''China demand for Coal growth''





China is no longer an argument or reason for buying this




So what is ?

[buywell3] 08/8/2015 13:39

Good for you

Re the link in my last post

What has been said is being born out by Chinese actions



the size of the problem

'' 90 percent of the 161 cities whose air quality was monitored in 2014 failed to meet official standards, according to a report by China’s National Bureau of Statistics earlier this month. ''



Worth a read

[neilyb675] 08/8/2015 13:14

I open Smarties daily

[buywell3] 08/8/2015 13:03

Yes China are opening COAL fired power stations like you open smarties

But , is all as it seems

[neilyb675] 08/8/2015 12:42

Absolutely love coal, yes I do.