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Altona Energy Share Discussion Threads
Showing 20001 to 20023 of 20025 messages
|the bod will look totally incompetent and investors will be fuming if it doesn't come off with this new ucg plan, another year wasted when they should have stuck to plan A as you say p0pper!. Not acceptable for this resource to be standing still and I can't see the Australian government given them more years of non delivery.
we will know soon imo|
|Serious question to anyone, does anyone see this coming off, we have had a brilliant idea from day 1 changed again and again and for what? had we of stuck to plan A we would have been well into production by now and at a cost of $3bn I know thats not small fry but the production/return figures were enormous then, although I am still here I, like New Kid were hoping to of had our retirement fund out of this.|
|your not wrong p0pper! next news should be key|
|Pembury. sadly, we have been saying that now for about 10 years|
|fingers crossed, 7.8bn tonnes sitting there ready to go|
|Our time is about to come pembury!!!!|
|moving now, news soon? be nice to see that proven multi billion resource put to use!
grizzybear is trashing the stock all over the boards|
SA is short of ready to use energy, but they have (I think anyway) one of the largest deposits of ready to use energy on the Planet in Ackaringa - surely there's a chance SA Govt might nationalise the damn thing if there's no progress this time round?
Hi guys been a long time since I last posted. bashers2 altona energy don't own this huge and massive resource never have and by the look of things never will. The south Australia government have always owned the the resource. look at the statements/results from ANR all they own is exploration licenses and some drilling data from bp Australia. Thats it! Altona energy have NO ASSETS! The only worth of the company is cash in the bank,exploration licenses and past drilling results from bp Australia.just look at altona fundamentals......
Assets £(M) 2016 2015 2014 2013 2012
Reporting date 30 Jun 2016 30 Jun 2015 30 Jun 2014 30 Jun 2013 30 Jun 2012
Tangible assets 0 0 0 0 0
Intangible asssets and goodwill 11 10 11 12 12
Investments and other non-current assets 0 0 0 0 0
Total non-current assets 11 10 11 12 13
Inventory / Work in progress 0 0 0 0 0
Trade and other receivables 0 0 0 0 0
Cash and Equivalents 0 1 2 1 1
Other current assets and asset held for resale 0 0 0 0 0
Total of all ASSETS 12 10 13 13 14
YOU OWN NOTHING! THE SOUTH AUSTRALIA GOVERNMENT OWNS THE RESOURCE! THIS IS COMMON IN SOUTH AUSTRALIA. Sorry guys this is worthless pile of c@ap.....|
|day 2 of the buying ban continues|
|1.86m Buy at .59p, above offer jammed up!|
|pembury - I think ANR's MM has retired and them haven't replaced him.|
|Your guess is as good as mine pembury. If I think back to the days when I first invested here I was looking to be a millionaire by now with a hefty divi to boot. Just goes to show there is no such thing as sure thing.|
|Are they closed for business?, nothing online to buy
|Hi p0pper. This is my point. We need to look at the the alternative here and go back to strip mining. We already have the license or approval for that unless it has lapsed.|
|Sapex could re apply and then hold ANR to ransom if we cannot get our own.|
|Altona's PEL is dependent on Sapex walking away or the SA Gov pulling the plug on them. We are in their hands unless we go back to strip mining IMO.|
|If I was S. Aus government I'd be saying - yes application approved - but please get on with it! I've been holder 12 or more years and the ways it's been handled by successive owners and JV's etc is nothing short of scandalous.SA is short of ready to use energy, but they have (I think anyway) one of the largest deposits of ready to use energy on the Planet in Ackaringa - surely there's a chance SA Govt might nationalise the damn thing if there's no progress this time round?The one good thing about ANR as a stock is that it can really move on any good news.|
|Strange day. No trading of this stock....a lot of coal here for a 5M company.|
|Having looked over the report it does look like Sapex Energy Limited,are holding the cards at the moment.
This paragraph says it all.
The JV Company is now waiting to be awarded its own licence, PELA 666, which covers the same area of land (9,259 km(2) ) as PELA 604. The South Australian Government has confirmed that the JV Company's application would be the next to be assessed, should the new owner of PELA 604 not proceed with their application.
Not sure if the application has a time limit.
If Sapex do proceed with their application then not sure where we will be going forward. It's been along time now but am I right in saying we already have approval for an opencast project. It has always been my view that this would be the best way to go.|
|That is one massive coal resource!. Looks like the JV is going to kick in but all depends on the PEL issue which is next on the government list, can't be far off.
Looks like plenty of demand but inadequate power supply in the region.|
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|chipperfrd27 Mar '17 - 09:33 - 2814 of 2817 1 0
Perhaps there is a degree of 'end-of-tax-year' portfolio adjusting going on. It is fairly normal on the LSE at this time of the year. If so, it will all end soon.
|With all the news in S.A. about power outages it makes you wonder why the bloody hell they don't go back to plan A This should of all been up and running by now at a cost of only $3bn which in reality is peanuts compared to what the projected original figures were.|