Anglo Pacific Share Discussion Threads

[christh] 23/3/2011 08:38

It looks the sale is going ahead as the directors of Mantra have recommended
acceptance to their shareholders $7.02 AUD

[munin] 21/3/2011 19:20

African Eagle Resources plc
Shareholding update - Anglo Pacific


African Eagle Resources plc ("African Eagle" or "the Company", ticker AIM: AFE;
AltX: AEA) was notified on March 14, 2011 that on March 11, 2011, Anglo Pacific
Group PLC (ticker AIM: APF), increased its shareholding in the Company to
29,075,000 ordinary shares which represents approximately 7.11% of the total
voting rights of the Company.

The above notification was made by Anglo Pacific Group PLC pursuant to the FSA's
Disclosure and Transparency Rules.

Bevan Metcalf
Company Secretary

[rochdae] 21/3/2011 16:36

Well, I grabbed another 9K today. Should at least see these run back up to 350.

[msawyer11] 21/3/2011 16:20

good article

[christh] 21/3/2011 15:19

profit before tax
2009.........................................2010
£25,883 millions..........................£65,849 millions


Profits 2.5 x 2009 profits.

earnings per share
2009.....................2010
19.07p..................51.99p

very impressive results.

400p - due re-rating.

[christh] 21/3/2011 14:57

ANNUAL REPORT has been announced.
AGM is on the 13th April.

[christh] 21/3/2011 10:35

Hay, nice find on Maudore Minerals Ltd (MAO).
The value of the stake is now worth $16,609,320 (just over £12 million)

The asset value of APF is growing by the day.

[haydock] 21/3/2011 10:03

More good news from Canada: bonanza grades of gold.

[haydock] 21/3/2011 10:02

the usual glowing write up: but with sniipets of news we did not know, watch the CDN coal.




Anglo Pacific also owns 100 per cent of two coal projects in north eastern British Columbia – Trefi and Panorama. Trefi has a measured resource of 14.25 million tonnes weak coking coal, indicated resources of 24.85 million tonnes weak coking coal, and inferred resources of 51.50 million tonnes weak coking coal.

A scoping study is being carried out, and the plan is to sell off a majority interest and keep a royalty.


Meanwhile, the Discover project at Panorama has indicated resources of 13.70 million tonnes semi-anthracite to anthracite coal, and inferred resources of 24.10 million tonnes semi-anthracite to anthracite coal, which is considerably more valuable, and the project will be advanced further before a decision is taken on its future.

The history is tasty as well: the Aus coal only ever cost £166,000 !!!

Always understood is was a fluke as well, they bought it for something else & established a coal royalty situation?

[haydock] 21/3/2011 09:59

the usual glowing write up: but with sniipets of news we did not know, watch the CDN coal.




Anglo Pacific also owns 100 per cent of two coal projects in north eastern British Columbia – Trefi and Panorama. Trefi has a measured resource of 14.25 million tonnes weak coking coal, indicated resources of 24.85 million tonnes weak coking coal, and inferred resources of 51.50 million tonnes weak coking coal.

A scoping study is being carried out, and the plan is to sell off a majority interest and keep a royalty.


Meanwhile, the Discover project at Panorama has indicated resources of 13.70 million tonnes semi-anthracite to anthracite coal, and inferred resources of 24.10 million tonnes semi-anthracite to anthracite coal, which is considerably more valuable, and the project will be advanced further before a decision is taken on its future.

The history is tasty as well: the Aus coal only ever cost £166,000 !!!

Always understood is was a fluke as well, they bought it for something else & established a coal royalty situation?

[christh] 21/3/2011 08:11

A BIG BUY VERY EARLY, 85,000 SHARES (£288,000).
Is it a director or an institution?

[christh] 21/3/2011 08:07

You can not write off Nuclear power!
The power generated by the nuclear power stations is cheap, uni-nterrupted, meeting the power hungry countries.
No country can afford to abandon nuclear power.
All the major industrial countries need Nuclear power to generate the gigawat
of power to run the factories and the electricity demand in their metropolies.

All they will do is be more stringent with safety and cautious with possible natural disasters.

APF is in excelent situation as it is a versatile commodities company.
It has invested in more or less every nining stock that is in demand such as gold,platinum,nickel,iron,uranium etc.
Mostly coal, from 2 mines, which is in great demand for processing iron ore in the Chinese processing plants.

All I know the directors have been buying shares with their own money at 349p and also all subscribed to the script divi at 337.5p.

Agm is on 13 April.
x-Divi is beginning of May (as always script divi will be offered).

It has come down from 370p now is offered at a heavy discount.

[quepassa] 18/3/2011 16:32

Their main royalty mine in Australia, Kestrel Mine has significant Thermal Coal reserves.

Projects in Canada equally have significant Thermal reserves.

All IMO. DYOR.

QP

[gurp] 18/3/2011 15:31

.........but isn't APF mainly coking coal (steel) rather than thermal (power)?

[quepassa] 18/3/2011 09:22

Having just written this post, I see that The FT carries an important article on page 34 headed,

"Disaster set to reignite demand for King Coal"

citing many of the factors in my synopsis above. The article ends:-

..Beyond the next few months, the potential for a shift away from nuclear power to coal is the buzz among mining executives and traders. " Over the longer-term we see it as very bullish for coal as the 'anti-nuke' groups gain greater voice now woldwide, particularly in Europe", a top coal trader says, voicing a widely held view.

As such, some see current events as another sign that the commodity, already reinvigorated by strong demand from developing countries such as China and India, is again King Coal that once dominated raw materials markets."

See FT for full article

All IMO. DYOR.

QP

[quepassa] 18/3/2011 08:24

Germany has taken a massive 5 gigawatt of nuclear plant generating capacity off-stream for testing. Some commentators question whether the nuclear plants in question will be put back into use.

The demand for coal will rise significantly. As will prices of coal as more and more countries review nuclear power plant safety and government policy following the Fukushima disaster.

ALL IMO. DYOR.

QP

[scottishfield] 17/3/2011 12:47

seriously thinking of adding here now, with the portfolio they have, great solid share.

[haydock] 17/3/2011 09:43

There's trouble at t'mill :



Mantra deal was a possible £20m in the pocket for APF.

[christh] 16/3/2011 09:36

LONDON | Wed Mar 16, 2011 8:52am GMT

European shares bounced back on Wednesday, after a sharp sell-off in the previous session in response to the Japanese nuclear crisis, as investors snapped up bargains and jumped back into the mining sector.

"Stocks will probably bounce following the rally in the Nikkei providing the news out of Japan does not get any worse," a, senior equities trader at ETX Capital in London, said. "After the sell-off, stocks are looking quite cheap."

Miners featured among the best performers following sharp falls in the previous session, buoyed by commodity price gains and as traders said they would benefit from rebuilding in Japan.

[haydock] 16/3/2011 08:46

The strategy guru who runs a portfolio in i/c
announced last week in large letters:

I do not like commodities, but I might be tempted to buy APF.

Maybe the i/c can manage a decent write up at long last on APF !!

Note the MRU m&a in Aus has gone to the federal regulators & will not happen for a while yet, if at all.

We have @ £20m cash hanging on the conclusion.

[christh] 16/3/2011 08:36

Anglo Pacific Group APF has announced that John Theobald, Chief Executive Officer, bought on February 23, 2011 1,425 shares at a price of 349.02p per share. Following the transaction his revised beneficial interest in company is now 206,344 shares representing approximately 0.19% of the issued ordinary share capital.

Anglo Pacific Group APF have announced that Matthew Tack, Finance Director, bought 4,000 shares in Company at a price of 324.7p per share. Following this notification his revised beneficial interest in the Company is now 285,931 shares representing approximately 0.26% of the issued ordinary share capital.

[christh] 16/3/2011 08:07

The directore bought at 349p

The script divi was at 337.5p

price now 321p???????????


Expect more deals to be announced.

This is worth more than 400p with all the recent investments and the value of their investments!

A bargain to be had specially when is still not X-divi!