Altona Energy Share Discussion Threads

[2admiral] 14/11/2014 08:17

If they are only left with 25% then that is much worse than the CNOOC deal!!

[fozdad] 14/11/2014 08:16

Seismick, 45% of a massive figure is rather better than 100& of naff all, which is what we would have had without the deal

[liquid millionaire] 14/11/2014 08:16

of $$$$ BILLIONS $$$$

[pembury] 14/11/2014 08:15

So ANR left with just 25%?

[liquid millionaire] 14/11/2014 08:12

By the way pembury i am talking about an additional placing to the normal suspects!

[fozdad] 14/11/2014 08:11

The news we've been waiting for and a full schedule of when the cash will be committed, looks like the BFS is finally going to happen.

It was always planned that the JV partners would be investing in ANR, so the placing is no surprise at all and we need cash to se us through to the BFS.

Very happy

[seismick] 14/11/2014 08:10

Take out diluton and SA + Wontask share then Altona will be left with a small interest!. Not as good as you would think.

[jungmana] 14/11/2014 08:09

Good news for holders. The 1p placing is even further good news imo ( provides more funds) as the jv news far out weights it.You guys deserve 2p share price imo.

[liquid millionaire] 14/11/2014 08:08

Well as some one who does a lot of placings pembury including ANR in the past the answer is no placing at ANR well most certainly not at these silly low low prices!

[p0pper] 14/11/2014 08:07

pem, don't matter now JV done, this should now fly as it did when CNOOC announced a done deal.

Not quite sure why people would want to sell today.

[cube boss] 14/11/2014 08:07

should Cruise through 2p today and only in second gear! wait until we get into cruise control...LOL ;0)))

[pembury] 14/11/2014 08:05

placing to come at 1p!

[lufcscott] 14/11/2014 08:03

A very long wait

[someuwin] 14/11/2014 08:02

Its been a long wait.

[liquid millionaire] 14/11/2014 08:00

Looks that way!

[cube boss] 14/11/2014 08:00

About to lift off

[plasticdazza] 14/11/2014 07:56

A better deal for shareholders than I thought we would get....

[liquid millionaire] 14/11/2014 07:55

For those that don't know ANR's Arckaringa project is seriously worth $$$$ BILLIONS $$$$ and $$$$ BILLIONS $$$$

Not MAJOR but MASSIVE!!!!

[azalea] 14/11/2014 07:54

This is good news and should provide significant momentum to the share price going forward.

[lufcscott] 14/11/2014 07:54

Faith and time is all we needed

[substp] 14/11/2014 07:54

So with their 43.3% in Altona they will own @ 74.5% of the Arckaringa Project?...... The BFS phase........

[p0pper] 14/11/2014 07:53

I think all us real lth's are in shock, lol

[lufcscott] 14/11/2014 07:53

Great news GLA woooooooshkaaaa

[liquid millionaire] 14/11/2014 07:52

Michael Zheng, Altona Energy's Executive Chairman, commented:

"We are delighted to have reached this milestone agreement with Sino-Aus and Wintask, which are both fully committed to the project. The new JV entity has been created to complete the BFS at Arckaringa, and ultimately to bring this world-class project to fruition. I would like to thank our shareholders for their patience and loyalty and we offer our promise that our entire focus will be on driving forward the drilling programme and BFS and further development of Arckaringa project, which will lay a solid foundation for future production."

For further information, please visit www.altonaenergy.com

[risk1] 14/11/2014 07:51

Holy cow what is up with everybody this is a great rns and not a private punter in sight