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ANR Altona Rare Earths Plc

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Altona Rare Earths Investors - ANR

Altona Rare Earths Investors - ANR

Share Name Share Symbol Market Stock Type
Altona Rare Earths Plc ANR Aquis Stock Exchange Ordinary Share
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Posted at 06/6/2019 11:36 by 1fulham
Latest RNS : June 6th.
I recommend you read today's RNS which you can access on NEX Exchange : Altona energy plc.
Given Altona's past, it is understandable that investors, existing and potential, have lost sight and interest in this stock. Time to think again. Read the RNS carefully and you will see we're on the cusp of an exciting opportunity in this MOU with our Chinese partners on the Vanadium mine. I've met Zhang and most of the management team. They're determined, experienced, well connected and trustworthy. There remains a few hurdles to overcome in the next few months but, from where we were six months ago, we've made huge progress. Great value at this level.
Posted at 18/3/2019 16:23 by the_price_is_right
Energy analysts forecast 'the end of coal' in Asia as Japanese investors back renewableshttps://www.theguardian.com/environment/2019/mar/18/energy-analysts-forecast-the-end-of-coal-in-asia-as-japanese-investors-back-renewables?CMP=Share_AndroidApp_Messages
Posted at 21/2/2019 18:52 by the_price_is_right
https://mobile.abc.net.au/news/2019-02-20/glencore-moves-to-cap-global-coal-output-post-investor-pressure/10831154?pfmredir=sm
Posted at 25/1/2019 12:19 by amrishbhim
I'm just amazed on how investors are trading these knowing that it might get suspended in few day.
Posted at 28/11/2018 00:56 by yasx
I did warn many of the readers here and on LSE - but, along with some of the cheerleaders, they sought to suppress my comments. Thankfully all got what they deserved - a thumping loss.

I did tell them the talk of 30 million from Chinese investors was all pie in the sky given the Co had just given away a third of the Co at the time for around 200k. If you could not see this was overvalued and all hype then you deserve nil sympathy.
Posted at 14/11/2018 05:43 by ianguerin
I wish Nick Lyth had sorted out Taihua, & hope this doesn't go the same way for investors
Posted at 09/10/2018 12:21 by pembury
On twitter ANR in US talking to investors, you would expect this to be re pyrolysis plants
Posted at 02/10/2018 10:39 by yasx
yasX 10 Nov '17 - 21:23 - 18612 of 18889 Edit

Well, if the Board deemed it fair to value to sell 30% of the Co. for £200k a couple of weeks ago then what makes investors think it is suddenly reasonable to consider it is now weeks later undervalued at approx £10 million? Do you not see how absurd the current m/c is?
Posted at 02/10/2018 10:35 by yasx
Well, I did around a year ago point out the obvious to readers both here and on LSE, but, they bombarded with a cannonade of profanities. I resist engaging in schadenfreude, but, on this occasion, glad they got what they deserved.

The simple question ot have considered at that point (as I suggested to them) was as follows:

If a chinese outfit is willing to pay tens of millions for a stake in an asset owned by ANR, why around the same time as contributors were indicating this, did ANR give away around a third of the Co for 200k to two investors?

The answer was a simple one - there was never any real prospect of receiving the aforementioned magnitude of funds from any chinese investor.

Hope the novice mugs do absorb a lesson from this.
Posted at 24/4/2018 07:50 by cpap man
24 April 2018



Altona Energy Plc



("Altona" or "the Company")



Update on meetings in Australia



Altona (AIM:ANR) is pleased to provide an update on recent meetings held this month in Australia. Representatives from Sino-Aus Energy Group Limited ("Sino-Aus") and Wintask Group Limited ("Wintask"), Altona's two major Asian investors travelled to Adelaide to meet with Altona's CEO, Nick Lyth and Brenton Newell, Altona's geologist.



Mr Newell presented an outline exploratory drilling proposal and Altona is pleased to be able to report that all parties agreed to proceed with the exploratory drilling phase subject to receipt of the necessary drilling permit and land access consent. The Company anticipates expanding this initial phase to ensure that all areas which potentially contain economically extractable coal will be drilled. Much of the southern part of the Westfield tenement has never been adequately explored.



The Company expects to be in a position to update the market soon regarding the timing and extent of the drilling programme. Sufficient funds to complete the exploratory phase have been transferred to Altona's Australian bank account.



Nick Lyth, CEO, commented as follows:



"I am very pleased that both Sino-Aus and Wintask, having discussed the exploration phase drilling programme with Mr Newell, have agreed with Altona that the Company should proceed as quickly as possible.



"Whilst in Australia I also met with a number of non-coal exploration companies and it has become apparent that the resource sector generally and M&A activity in particular is starting to pick-up. Projects are seeking finance and this may present Altona with opportunities in the future."

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