Altona Energy Share Discussion Threads

[burtond1] 30/8/2018 07:38

This week #ANR announced an agreement with GCAT Energy to use its innovative pyrolysis technology in Australia and China. We caught up with CEO Nick Lyth to discuss how the deal's 'two-pronged approach' is vital to his vision for @AltonaEnergyPlc future..https://total-market-solutions.com/2018/08/30/ceo-talks-tech/

[pembury] 29/8/2018 12:34

Nice post cpap, with drilling fully funded this is where the efforts should be now imo for Altona. Target 100M tonnes+ of thermal coal which is at 8 year highs.

[cpap man] 29/8/2018 10:55

SP Angel . Morning View . Thermal coal prices continue to rise as China power consumption rises



Liberal Elite policies drive up price of thermal coal and energy threatening global growth

Thermal Coal prices have risen 148% to US$117/t from US$47/t FOB Newcastle (Aus) in the last 2 years as coal demand for power generation continued to increase in Asia and the rest of the world.

China’s ongoing crackdown on pollution and focus on closing poor quality coal mines in China has helped to lift thermal coal prices further as utilities increasingly source cleaner quality coal mainly from Australia.

Australia is blessed with thick, continuous coal seams of good quality coal with well capitalised mining companies which are able to offer consistent supply with relatively short shipping times.

China power consumption rose by71% to 5.3TWh in 2017 from 2008 highlighting the strong and continuous growth of its economy. Chinese power generation is up 6.3% YTD yoy
US power generation by comparison generated 4.01Twh just from coal in 2017.

Power consumption growth is often used as an indicator to measure the rate of economic growth in China presenting a dilemma for policymakers on how to keep the economy growing while reducing pollution from burning coal.

Electric Vehicle sales will only exacerbate the problem by raising power consumption massively as sales are forecast to hit 1m EVs this year representing >3% of Chinese vehicle sales for the first five months of the year vs just 1.5% last year.

The average distance driven per vehicle in China in 2009 was 16,900km which at around 10kWh per 100km represents potential power consumption of 1,690Mwh per million EVs being driven.

While real world power consumption and mileage figures may differ China’s demand for electrical power is going to rise significantly on the back of its EV incentive policies.

China as a major oil importer is further incentivised to move to EVs in order to reduce its dependence on the price and availability of fuel oil.

From an economic standpoint it may be better for China to retro-fit clean coal technology to its coal-fired power plants.

[jbennett] 29/8/2018 10:40

Exactly mc7y, no mention of any update with the muted timeframe almost passed - classic Altoma. But hey, let's just move on to the next jam tomorrow project and keep that gravy train rolling along.No wonder peeps are selling...

[mc7y] 28/8/2018 18:40

the market wants progress on the drilling and jv money in the bank

and me too

[pembury] 28/8/2018 15:50

well according to the market that RNS contained nothing

[pembury] 28/8/2018 09:01

agree, news soon my guess as the board have stated. not forgetting the aussie government are fully behind it also!.

[jbennett] 28/8/2018 08:59

Perhaps the sellers were expecting drill news not another licensing agreement. I like the Pyrolysis story and the potential it offers but it's time for something to actually happen at Arkaringa.

[pembury] 28/8/2018 08:44

due to jb so any time now early sept imo
surprised at lack of interest but there you go


could be drill news this week as said august

[cheekyfella] 28/8/2018 08:34

three days left :-)another tidy RNS on Friday the last day of the month would be nice

[jbennett] 28/8/2018 08:33

Thought drilling was starting in August Pembury?...

[pembury] 28/8/2018 08:26

Yes and due to start drilling for thermal coal aug/ sept, fully funded. coal at 7 year highs and demand growing!

[cpap man] 28/8/2018 08:20

Nick Lyth commented:

"The licensing of the pyrolysis technology gives Altona two great opportunities. The first is to unlock value in the 7.8 billion tonnes of coal that we have exploration licenses over. The second is to market the pyrolysis technology to relevant Chinese businesses and, with the help of our Chinese shareholders, assist with China's long-term plastic and rubber waste problem. China has, like most countries, issues with waste plastic and tyres and is pursuing a long-term solution. This Agreement represents a major step forward for Altona in its development of a complementary renewable energy business."

[cheekyfella] 28/8/2018 08:09

yeah - just added 500k myself - I'm pregnant with ANR now :-)

[pembury] 28/8/2018 08:02

40m euro per annum for the Spanish plant was the forecast I think, add to that China and Australia then we are talking huge. Near term revenue is vital.

Directors bought in on the 0.5p placing which was oversubscribed so adding below that.

[cheekyfella] 28/8/2018 07:57

Must admit - I really like this RNS. As you say Pembury, the bigger picture is indeed very compelling. In fact the Pyrolysis aspect of Altona could actually be a bigger game-changer for the share price in the mid-term than the Arckaringa coal deposit.

[pembury] 28/8/2018 07:12

RNS

I think there is a much bigger picture emerging here with this technology and the synergy of assets. 95% of revenue and the forecasts are large for a tiny cap like this!.

[jbennett] 21/8/2018 08:59

So when and of what substance do we think the next RNS will contain?Test drilling has started...pyrolysis deal signed...

[jbennett] 16/8/2018 13:33

They're getting a few now. People are losing patience again due to weak news flow.

[pembury] 14/8/2018 14:47

they don't want us to buy any

[pembury] 14/8/2018 12:59

it was 21p once!

can't buy online at 0.4p lol

directors took shares at 0.5p a few months back, drilling due to start august!

[jbennett] 14/8/2018 11:16

Will this ever reach the giddy heights of 1p again? Even saints don't have this much patience...

[p0pper] 10/8/2018 08:25

Yes, my bad, 3% I just looked at the number of shares as large, ooops

[pembury] 10/8/2018 07:43

why would he have to disclose as he wasn't a director then or over 3%. If he has held for a while then his average like most l/t here will be much higher.

[p0pper] 10/8/2018 07:18

Anyone know when the new NED bought his shares and how much paid for them? can't remember seeing sany RNS's out to state this unless it was under a different name??