Altona Energy Share Discussion Threads

[seismick] 14/11/2014 10:00

If they are losing £2.4m operationally every year and with revenue so far off then the dilution will be endless for the next 4-5 years.

[21trader] 14/11/2014 10:00

PeruOil

True. I thought there was a lot of excellent news mixed in with a lot of not so good news so overall slightly good in the 60-40 range and the price reaction is
about right.

[plasticdazza] 14/11/2014 09:50

I have jumped, I've been here a while and once I have put all the jigsaw together from the JV to the results, dilution ect ect....time for me to move on. Good luck longs and I truly wish you all the best going forwards.

[2admiral] 14/11/2014 09:45

The reason why JV news put out on results day mate!.
The financials are terrible and there is no hiding that.

[peruoil] 14/11/2014 09:34

Surprised no one has reacted to the financial results where losses have nearly doubled to £2.36m!. What have they been doing to lose so much money year on year when nothing has happened?. Look at the admin costs!!!.

[loverat] 14/11/2014 09:33

Well, I guess considering these are bulletin boards for discussion of shares primarily by holders, you would tend to get more positive comments. Is spending large periods of time commenting on shares you don't hold a hobby of yours?

What I like best is they sit there just stating the obvious. Very little insightful analysis.

[p0pper] 14/11/2014 09:31

that's the nature of all aim companies, need money to stay afloat, not really unexpected and at the end of the day we are still here and now in a far better position than yesterday.

[seismick] 14/11/2014 09:28

More new rampers than derampers mate, further 200m share issue not great at record low price.

[loverat] 14/11/2014 09:23

Wow - no posters here for yonks and then a load of derampers appear. LOL

[p0pper] 14/11/2014 09:23

NewKid, nothing from you???

[2admiral] 14/11/2014 09:20

pmsl LM, you have history across the boards with ott ramping and you will be gone and onto your next rampathon after today. Notice you don't post here ever either until news comes out its pump pump pump.

[liquid millionaire] 14/11/2014 09:17

Yup excellent news for ANR shareholders although the non ANR shareholders or if you prefer to call them by their real names DE-RAMPERS would by all accounts tend to disagree but then who really gives a sh*t what they think?!?!?

[seismick] 14/11/2014 09:17

Major problem being no revenue stream for another 5-6 years, same old massive salaries and heavy dilution.

[zulu88] 14/11/2014 09:14

Excellent news for ANR shareholders.

Funding is now in place for the next two years and we can crack on and complete the BFS.

I also like the switch of emphasis to Coal to Methanol which, imv, has long term high margin profit potential.

[seismick] 14/11/2014 09:12

Will ANR have to pay the CL Tax liability in results?

[2admiral] 14/11/2014 09:06

If the news is so good then why is the placing price the lowest ever at 1p?

[cube boss] 14/11/2014 09:05

p0pper: should motor this afternoon.. 1.7p close.;0))

[p0pper] 14/11/2014 09:02

I must say I thought this would motor on this news

[azalea] 14/11/2014 09:01

The focus of Coal-Methanol, coal-chemical and synthetic gas production, is absolutely the way to go.

[cheekyfella] 14/11/2014 09:01

fine with me seismick - at least we are on the road to production
enjoy the moment, don't be a curmudgeon

[cube boss] 14/11/2014 09:00

Why will there be any more dilution? Clown:0)))

[seismick] 14/11/2014 08:47

No production and no revenue before 2020 imho and more dilution as always to come.

[cube boss] 14/11/2014 08:45

Can't see them selling at 10p, they have not sold the others they hold! why not sell at £1 ;0)))

[2admiral] 14/11/2014 08:42

When the 1p shares hitting the market?.

[joeblogg2] 14/11/2014 08:40

The placing is as follows:
The funding will be split as follows: subject to certain conditions Wintask will subscribe for 20,000,000 Placing Shares in two equal tranches and Sino-Aus will subscribe for 180,000,000 Placing Shares in two equal tranches. Altona will therefore seek shareholder approval at the forthcoming General Meeting, immediate following the AGM, for the issue of up to 200,000,000 Placing Shares.

I don't see us pi's will be getting any of those and they certainly won't be selling at these prices.