Caledon Resources Share Discussion Threads

[mustbefunny] 07/4/2011 11:36

Let me be the first one to mention that tomorrow is the eighth. Or perhaps they are waiting for the eighth eighth since the bid was announced?

[spights] 07/4/2011 08:29

1.480 AUD = 0.950061 GBP
Good Morning all.

[spights] 06/4/2011 13:24

vosene thankyou.

[vosene] 06/4/2011 13:21

From Dr Knowledge on the CZA thread:

"Spoke with one of the guys at CDN only last week and was told that since GRAM have stalled they've had dozens of "tentative enquiries", yet no formal approach, thus no RNS."

[spights] 06/4/2011 09:15

Tradewise post on 111

[spights] 06/4/2011 06:37

1.500 AUD = 0.950749 GBP
No trades.
Good Morning all.

[spights] 05/4/2011 07:03

1.500 AUD = 0.961278 GBP
Australian Dollar British Pound
1 AUD = 0.640852 GBP 1 GBP = 1.56042 AUD
New Conversion
Good Morning all.

[spights] 04/4/2011 06:25

1.500 AUD = 0.964106 GBP
Good Morning all.

[the heed] 01/4/2011 15:21

Financial Times - Financial markets news

Xstrata agrees record thermal coal contract
The price of thermal coal under annual contracts has been settled at an all-time high of $130 a tonne, up more than a third from a year ago, after strong demand in Asia and supply disruptions in Australia

[spights] 01/4/2011 06:41

1.500 AUD = 0.966897 GBP
Good Morning all.

[spights] 31/3/2011 20:27

Its a month over the date.

[spights] 31/3/2011 20:25

Phillis just one word shambles.

[spights] 31/3/2011 06:36

1.45 AUD = 0.930429 GBP
Good Morning all.

[spights] 30/3/2011 20:02

30 March 2011

30 March 2011

Caledon Resources Plc

("Caledon" or "the Company")

Annual Report and Financial Statements

Caledon Resources Plc (AIM:CDN, ASX:CCD) announces that the Company's Annual Report and Financial Statements for the year ended 31 December 2010 (the "Annual Report") will be placed shortly on the Company's website at www.caledon.com.

The Annual Report will be mailed to all shareholders on the UK register and to those shareholders on the Australian Register who have elected to receive hard copy by 15 April. Copies will be available free of charge from the Company's Registered Office at Lacon House, 84 Theobald's Road, London WC1X 8RW for a period of at least one month.

Enquiries:

Jeremy Gorman, Company Secretary

Tel: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

[dr knowledge] 30/3/2011 15:55

roomb - many thanks! I've already read the JORC (written in a language I've yet to encounter!) but am still puzzled as to the differential and % margin! Once I find for sure will post! ;-)

[roomb] 30/3/2011 15:45

Dr Knowledge:here's an answer I've found.
"Marketable Coal Reserves are the tonnages of coal, at specified moisture and quality,
available for sale after beneficiation of Coal Reserves. Marketable Coal Reserves may
be reported in conjunction with, but not instead of, reports of Coal Reserves. The basis of
the predicted yield to achieve Marketable Coal Reserves should be stated. If the coal is
to be marketed without any beneficiation Marketable Coal Reserves may be the same as
the Coal Reserves."

[dr knowledge] 30/3/2011 09:38

Can any true coalers answer a question that has perplexed me for some time! Taking COOk as an example, CDN quote coal reserves of 460mt yet "marketable reserves" of only 47mt (10%). What exactly do they mean by this?? Is the latter the actual figure of the stuff they've taken out of the ground, or what???? Had a look at the JORC reporting standards but still unsure! ;-)

[spights] 30/3/2011 06:56

1.465 AUD = 0.945194 GBP
No trades.
Good Morning all.

[spights] 29/3/2011 07:14

Director/PDMR Shareholding
Share this article
TIDMPOL

RNS Number : 7818D

Polo Resources Limited

29 March 2011

29 March 2011

Polo Resources Limited

("Polo Resources", "Polo" or "the Company")

Director's Share Dealings

Polo Resources Limited (AIM and TSX: POL) was notified on 28 March 2011 that following a purchase on the same day of 5,108,239 Ordinary Shares of the Company at a price of 5.22 pence per share, Neil Herbert, Executive Co-Chairman and Managing Director of the Company, is interested in a total of 78,241,193 Ordinary Shares, representing approximately 3.31 per cent. of the issued share capital of the Company.

- Ends-

Contacts:

[spights] 29/3/2011 07:09

1.465 AUD = 0.938537 GBP
No Trades.
Good Morning all.

[spights] 28/3/2011 08:04

DJ Polo Resources FY Net Profit Rises Sharply Following Disposal

LONDON (Dow Jones)--Mining investment company Polo Resources (POL.LN) said Monday that full-year net profit rose more than eight-fold following the disposal of its interest in Extract Resources Ltd.'s (EXT.AU) stock.

The board used the proceeds of the disposal to fund a special dividend to shareholders of 3 pence per share for a total of $114.23 million. During the period, $5.46 million was devoted to the share buy-back program and a total of 97.8 million shares were cancelled from the company's share capital, it said.

Full-year net profit was $63.5 million, compared with $6.8 million in 2009.

At March 25, the company's cash balance was $29.90 million compared with $10 million at the end of 2009.

Executive Co-Chairman and Managing Director Neil Herbert said: "We are in the enviable position of regularly identifying interesting projects to invest in, both listed and private, and having the funds to invest in the projects that we believe have the most potential."

Shares closed Friday at 4.95 pence.

-By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; [e-mail]

(END) Dow Jones Newswires

March 28, 2011 02:33 ET (06:33 GMT)

[spights] 28/3/2011 07:33

TIDMCDN

RNS Number : 6545D

Caledon Resources PLC

28 March 2011

28 March 2011

Caledon Resources plc

("Caledon" or the "Company")

Cook Mine Resource and Reserve Update

-- 13% increase to the Coal Resource estimate (from 406 million tonnes to 460 million tonnes)

-- 115% increase in the Marketable Coal Reserve estimate (from 22.2 million tonnes to 47.7 million tonnes)

Australian coal producer and explorer Caledon Resources plc (AIM: CDN, ASX: CCD) is pleased to announce a 13% increase to the Coal Resource estimate (from 406 million tonnes to 460 million tonnes) and a 115% increase in the Marketable Coal Reserve estimate (from 22.2 million tonnes to 47.7 million tonnes) for the Cook coking and thermal coal mine in Queensland. Both estimates are reported in accordance with the 2004 version of the JORC Code and for clarification the Resource total is inclusive of the Reserve.


Cook Coal Resources(1) - Million Tonnes
Coal Thickness >1.5 Coal Thickness 1-1.5
m m Combined
-------------------------------- -------------------------------- ---------
Measured Indicated Inferred Measured Indicated Inferred TOTAL
---------- --------- --------- ---------- --------- ---------
86 89 225 4 16 40 460
---------- --------- ---------


Cook Marketable Reserves(2) - Million Tonnes
Coking Coal Thermal Coal Combined
-------------------------- -------------------------- ---------
Proved Probable Total Proved Probable Total TOTAL
8.4 28.4 36.8 1.4 9.4 10.9 47.7
------ --------- ---------

1

The information in this announcement relating to the Cook Coal Resource estimate is based on information compiled by Mr Yoga Suryanegara who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Suryanegara was a full-time resource geologist employed by Caledon at the time of the resource estimation. Mr Suryanegara has more than 13 years' experience as a coal geologist in the resources industry involving exploration and evaluation assignments at operating coal mines and coal exploration areas in a number of coal basins throughout the world. With this level of experience, which is relevant to the style of mineralisation and the type of deposit under consideration and to the activity which he is undertaking, he is adequately qualified as a Competent Person as defined in the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves - The JORC Code, 2004 Edition (Effective December 2004) and consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. The information compiled by Mr Suryanegara has also been independently reviewed.

2

The information in this announcement relating to the Cook Coal Reserves estimate has been compiled by Mr John Grieves, a full time employee of Caledon Coal Pty Ltd. Mr Grieves is a qualified Mining Engineer and Member of the Australian Institute of Mining and Metallurgy. Mr Grieves has nine years of practical experience in the assessment of reserves in underground coal mining.

Mr Grieves has suitable qualifications and sufficient specific experience in the estimation of Australian coal reserves to qualify as a Competent Person as defined in the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves - The JORC Code, 2004 Edition (Effective December 2004) and consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

For further information, please contact:

United Kingdom

Caledon Resources plc

Jeremy Gorman [phone]

RBC Capital Markets (NOMAD & Broker)

Martin Eales [phone]

Tavistock Communications (PR Adviser) Jos Simson/Emily Fenton [phone]/+ 44(0) 7899 870 450

Australia

Caledon Resources plc

Mark Trevan [phone]

About Caledon Resources plc

Caledon Resources plc is a dual listed public Company listed on the Alternative Investment Market of The London Stock Exchange and The Australian Securities Exchange (trading symbol: AIM:CDN & ASX: CCD). On 8 November 2010 the Company announced that it had reached an in principle agreement with Guangdong Rising Assets Management Co., Ltd (GRAM) on the terms of a possible acquisition of Caledon by Guangdong Rising (Australia) Pty Ltd, a wholly owned subsidiary of GRAM.

Caledon is a coking coal producer and explorer in the Bowen Basin of Queensland, Australia. It acquired the mothballed Cook Mine in late 2006 and has since recommissioned the operation and introduced an innovative new underground mining methodology. The Company also purchased the nearby Minyango exploration concessions in 2006 and has completed a prefeasibility study on a potential underground coking and thermal coal mine.

Rule 2.10

The following information is given in accordance with Rule 2.10 of the City Code.

Caledon has in issue a total of 278,633,849 Caledon Shares, the ISIN for which is GB00B1GJZT14, and Caledon CHESS Depository Interests ("CDIs"), the ISIN for which is AU000000CCD9. Each CDI represents the full beneficial interest in one underlying Caledon Share. The Caledon Shares are admitted to trading on AIM and the CDIs of Caledon are listed on the Australian Stock Exchange.

Caledon also has in issue GBP4.2 million 8.5 per cent unsecured convertible loan notes due 2013, the ISIN for which is GB00B61JLC69 and which are traded on the Channel Islands Stock Exchange.

Disclosure requirements of the City Code

Under Rule 8.3(a) of the City Code, any person who is interested in one per cent. or more of any class of relevant securities of an offeree company or of any paper offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the Offer Period and, if later, following the announcement in which any paper offeror is first identified.

An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any paper offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 p.m. (London time) on the 10(th) business day following the commencement of the Offer Period and, if appropriate, by no later than 3.30 p.m. (London time) on the 10(th) business day following the announcement in which any paper offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a paper offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the City Code, any person who is, or becomes, interested in one per cent. or more of any class of relevant securities of the offeree company or of any paper offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any paper offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any paper offeror, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 p.m. (London time) on the business day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a paper offeror, they will be deemed to be a single person for the purpose of Rule 8.3.

Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).

Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the Offer Period commenced and when any offeror was first identified.

If you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure, you should contact the Panel's Market Surveillance Unit on [phone].

This information is provided by RNS

The company news service from the London Stock Exchange