Anglo Pacific Share Discussion Threads

[bhoddhisattva] 12/11/2015 10:55

It's a simple question and I am sorry but I do not think I've seen a clear answer nor am I playing the man, not the ball to mix metaphors with your mirror comment.

I am disappointed, bitterly, with the share price and should have sold ... so I am all too aware of the company's and my failings ... but it IS a fair question to ask when a message is repeatedly reinforced by someone who claims NOT to be involved or have an interest.

At that point my antennae twitch and I wonder why ... my motivation is clear: I am pondering long and hard selling my (currently) underwater holding ... and reading around the topic may help ... so there's my motivation and interest clearly stated.

Yours QP are what? Altruism?

[bolador] 12/11/2015 08:30

All bolador's ten points are neither right or wrong. Read the post ! The points are questions not statements. Wake up QP, mirror indeed.

[quepassa] 11/11/2015 17:41

Reality is a mirror walking down the street.

Some people are too scared to look in the mirror so they focus on who is holding the mirror up rather than face up to reality.

In addition to President Obama and The Pope calling for action on climate change, Her Majestry Queen Elizabeth II similarly highlighted this issue in her speech during the recent State Banquet hosted at Buckingham Palace in honour of visiting President Xi Jinping.

If certain parties don't believe that climate change is being taken seriously, they need to take another long ,hard, cold look in the mirror. Combating CO2 emissions from thermal coal is going to become more and more serious with deleterious long-term effects on demand for coal.

Additionally, the poor state of the steel markets continues sadly to take further victims as more steel-making companies are forced to close as prices plummet.

Re bolador's ten points. Two are right. Eight are wrong.

ALL IMO. DYOR.
QP

[bolador] 11/11/2015 16:19

re 770/6
Could it be that,
1. QP likes Paris ?
2. QP likes propaganda ?
3. QP likes IPCC ?
4. QP likes the sound of his keyboard ?
5. QP likes climate change stories ?
6. QP likes shorting stock ?
7. QP likes Anglia University ?
8. Qp likes Al Gore ?
9. QP likes ice sheets ?
10.QP does not like coal ?

[rcturner2] 10/11/2015 21:07

Christ, how many times do we have to have this same question over and over again. Go back through the thread, the answer is here for anyone to read.

[bhoddhisattva] 10/11/2015 20:28

QP why are you here?

For someone who claims to have no interest and thinks APF and coal are bad bets you do post an awful lot - both frequency and volume - so why are you here really?

[quepassa] 10/11/2015 06:30

Some articles in the FT today about/concerning coal.

In my opinion, the outlook for coal is worse than dire.

1. Page 30 article

" Coal producers queue up for Chapter 11 as energy sector tumbles"

2. Page 7 article - Climate Change

" Rich nations look to cut billions from coal subsidies"

3. Page 2 - Global Warming

" Met Office warns of 'unchartered territory' as temperature rises"


All before the Paris Climate Change conference beginning in less than three weeks.


ALL IMO> DYOR.
QP

[edmondj] 09/11/2015 07:01

China burns much more coal than expected:

hxxp://mobile.nytimes.com/2015/11/04/world/asia/china-burns-much-more-coal-than-reported-complicating-climate-talks.html?_r=0&referer=

[bolador] 06/11/2015 08:49

Piedro,
re latest company announcement,

"well in advance of the Company's carrying value of AUD$4m"

"Salamanca Project, with a stated net present value of US$871.3m"

Is it possible to link these two figures and come up with a roughly revised number for the carry value of the 1% royalty ?

The above is probably a daft question but I am trying to see what the project's net present value might mean for APF.I suppose it's all in the share price but the market does not often get it right a first. Thanks.

[cwa1] 05/11/2015 07:50

Salamanca Project Pre-Feasibility Study Announcement

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 interests in Berkeley Energy Limited ("Berkeley") following the release of Berkeley's Salamanca Project Pre-Feasibility Study ("PFS") yesterday.

Anglo Pacific acquired a 1% Net Smelter Royalty over all production from Berkeley's Spanish and Portuguese assets for AUD$4m in December 2009. The Company also has a 16.75% disclosed equity interest in Berkeley.

Anglo Pacific is encouraged by Berkeley's decision to accelerate the development of the Salamanca Project, with site works now expected to commence in mid-2016, much earlier than Anglo Pacific had previously anticipated. This, combined with the longer mine life, increased grade and higher uranium production profile should considerably increase the value of the Company's Salamanca royalty, well in advance of the Company's current carrying value of AUD$4m.

Berkeley also noted that the inclusion of the Zona 7 deposit into the wider Project, which previously only included the Retortillo and Alameda deposits, transforms the economics of the Salamanca Project, with a stated net present value of US$871.3m and an IRR of 93.3% over a mine life of 18 years.

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

"We believe that the Salamanca Project is rapidly becoming one of the world's best undeveloped, near production uranium assets, and we are delighted to be involved in this very exciting story through both our royalty and equity interests which we expect to increase in value as the mine approaches production."

[stevie blunder] 04/11/2015 10:18

RC Turner: Seriously?

In what sense is BKY off topic? APF own 30.5 million shares and a 1% royalty on Salamanca.

They plan production from 2017 at a steady state of 4.3 million lbs/year.

I don't see how Piedro could be more on-topic

[piedro] 04/11/2015 09:37

Berkeley on ...


- thanks to Wiseacre from the BKY bb

[stevie blunder] 04/11/2015 08:54

Berkley now worth 4.6 per APF share.

[quepassa] 04/11/2015 08:46

A sobering article in the 1st November edition of Fortune magazine.

The article is headed " Coal Power is on the Way Out, Divestment or Not" by Brian Dumaine and continues as follows:-


"In the latest salvo in the war against coal, California passed a bill in September requiring state pension funds to sell their coal stocks. Soon after, New York City Mayor Bill de Blasio called for the city's five pension funds to do the same. Consider a dead horse beaten. Market forces have already savaged the US coal industry. Cheap natural gas which emits roughly half the carbon of coal has become a favourite of the utilities in the US. The amount of electricity produced from coal has declined from 50% in 2005 to 36% today. As a result, the Dow Jones US Coal index has fallen 93% during the past five years compared with a 75% rise in the S&P 500. Once again Wall Street has stayed one step ahead of the politicians."


More evidence of growing divestment within the sector which, in my view, will further be accelerated after the Paris Climate Conference.

Where America leads, others eventually follow.

ALL IMO. DYOR.
QP

[piedro] 04/11/2015 08:45

Berkeley Energy in the news

- I can be re-re-repetitive too ...

DYOR.

[quepassa] 04/11/2015 08:43

A sobering article in the 1st November edition of Fortune magazine.

The article is headed " Coal Power is on the Way Out, Divestment or Not" by Brian Dumaine and continues as follows:-


"In the latest salvo in the war against coal, California passed a bill in September requiring state pension funds to sell their coal stocks. Soon after, New York City Mayor Bill de Blasio called for the city's five pension funds to do the same. Consider a dead horse beaten. Market forces have already savaged the US coal industry. Cheap natural gas which emits roughly half the carbon of coal has become a favourite of the utilities in the US. The amount of electricity produced from coal has declined from 50% in 2005 to 36% today. As a result, the Dow Jones US Coal index has fallen 93% during the past five years compared with a 75% rise in the S&P 500. Once again Wall Street has stayed one step ahead of the politicians."


More evidence of growing divestment within the sector which, in my view, will further be accelerated after the Paris Climate Conference.

Where America leads, others eventually follow.

ALL IMO. DYOR.
QP

[piedro] 04/11/2015 08:30

Berkeley Energy in the news ...

[rcturner2] 03/11/2015 08:55

Your price target seems to get lower and lower.

[christh] 02/11/2015 14:02

going up soon 4th quarter higher royalties from Kestrel, Narambria etc.
Going up to maybe 85p~90p.
Increased royalties with a 4p dividend is a very good yield.
Just be patient.....

[quepassa] 29/10/2015 14:11

Strip out the pregnant 4p dividend from the current share price.

Wonder what you get.

x-d date of 26/11/15 comes just before the start of Paris Climate Change Conference which will get a lot of news coverage.

ALL IMO. DYOR.
QP

[bolador] 29/10/2015 13:50

71p not new low, this so exciting and on a screen near you..

[quepassa] 28/10/2015 12:14

A new low.

Showing 68.5p bid on my screen.


ALL IMO. DYOR.
QP

[bolador] 28/10/2015 09:45

Risky bacon etc.There is no doubt that if you play in the game of life sooner or later you will be stopped out, and to think it's a game that you get entered into
by two people without your having any say in where you want to start.Pass the ham please.