Atlantic Coal Share Discussion Threads

[marmar80] 21/2/2017 10:41

Let us know how did it go pls

[superdonkey] 21/2/2017 10:31

Thanks xow98 i'll investigate.

[xow98] 21/2/2017 10:18

you can try the Capita matched dealing system, but no idea how long that will take to complete

[superdonkey] 21/2/2017 09:51

Thought as much

[superdonkey] 21/2/2017 09:07

Is there anyway of selling my shares as i want to crystallize the loss to offset against a capital tax gain?

[garykc] 15/2/2017 07:43

Another piece of the "shafting us loyal shareholders" by not being subject to the UK's Takeovers and Mergers code. Next step is cancelling the shares shafting us once and for all.

[marmar80] 14/2/2017 10:20

Any news about relisting?

[the vogon] 14/2/2017 10:19

Sounds like a waste of money maintaining an office for that unless it's a broom cupboard with a phone. Much better to use an agency for what little it will do.

[xow98] 14/2/2017 09:44

ACG Board Meetings have, subsequent to 1 November 2016, been held at Stockton Mine, Hazleton, Pennsylvania, USA where Adam Wilson and George Roskos are based, with the other Directors participating in Board Meetings by telephone conference call.

Shareholders will also be aware that ACG's operations are all based in the USA ie Stockton, Jeansville and Hazleton Shaft Mines and associated processing plants. The Company has consequently decided to transfer its business headquarters from Durham, UK to Stockton Mine, USA.

Because of the transfer of the Company Business Headquarters to the USA, the Company will no longer be subject to the City Code on Takeovers and Mergers as administered by the London based Panel on Takeovers and Mergers (the "Takeover Panel").

The Company's Durham, UK office will, however, still be retained to, among
other things, serve UK based shareholders and the Company will continue to be registered in England and Wales

[vatnabrekk] 28/1/2017 17:54

I am quite sure that the company is doing extremely well, but unless and until the shares are listed on the market again, we (ATC shareholders) will see no benefit from this.

All we can do at the moment is just wait and see.

[barnetpeter] 17/1/2017 19:03

3 January 2017

Atlantic Carbon Group Plc
(“ACG” or the “Company”;)
Sales Joint Venture with Atrum Coal NL
The Board of ACG, an anthracite coal mining company operating in
Pennsylvania, USA, announces that it has reached an agreement
with Atrum Coal NL to form an unincorporated Sales Joint Venture
for anthracite from its Pennsylvania mining operations.


Global anthracite supply is falling significantly short of demand, according to Atrum Coal, which is developing the Groundhog anthracite project in British Columbia, resulting in prices significantly higher that those for Queensland hard coking coal.

“The premium in anthracite pricing has remained throughout the coking coal cycle and, as metallurgical coals increase in price due to supply/demand imbalances, anthracite has maintained and, in some cases improved, its relative price position,” Atrum said in a recent ASX release.

Anthracite lumps are currently fetching around US$150 per tonne (CFR Northern Europe), while anthracite fines fetch US$100 per tonne (CFR Northern Europe) compared to around US$95 per tonne for Queensland hard coking coal.

Looking ahead, Atrum sees long-term average prices of US$189 per tonne for lumps and US$128 per tonne for fines.

Supply of high-grade anthracite has fallen to below 20 million tpa, according to Atrum, as a result of Vietnam withdrawing from the export market and difficulties surrounding Ukrainian supply. Atrum expects demand of over 70 million t, however, by 2020.

[barnetpeter] 17/1/2017 18:57

I think the reality is likely that ATC is booming, that prices and profits are soaring and of course the weakness of the pound adds to all this.

My guess is that ATC would be at an all time high if listed.....but its not.

[xow98] 17/1/2017 15:16

Barney Corrigan - early December

Meanwhile it still remains our aim to relist the Company either directly or via a takeover or merger with another listed company. Discussions on this front continue with various parties and we would hope to be in a position to report on this in the new year.

[garykc] 17/1/2017 10:07

They have been dead to us PI's for years!!!!

[king kong dong] 17/1/2017 08:15

So what are saying here....ATC is dead in the water (looking that way) OR there is possibly life in the old dog yet and we might still be able to get something out of this mess?

[barnetpeter] 12/1/2017 14:40

Antrum raised $13.5 million in new money in Dec...over subsribed.

[garykc] 10/1/2017 21:24

Twitter post about a choo choo train leaving for Neverland

[big7ime] 06/1/2017 13:16

If the BOD read this thread, you need to prove this isn't a scam pretty quickly, otherwise we will be after you

[marmar80] 04/1/2017 12:47

ATC become a scam in the last year of trading. BoD and their actions should be investigated. That's all.

[p@] 04/1/2017 11:38

It's probably because those at the top of ATC can't be bothered/incapable to set up a sales network while they are getting easy money from extorting it from shareholders.