Anglo Pacific Share Discussion Threads

[haydock] 17/5/2012 09:18

Questor in the Telegraph, reaffirms tip for APF. Wednesday.

[pip_uk] 16/5/2012 10:26

Got to be worth a punt at this price so I have had one.
Coal....Fuel of the future when the oil runs out.
We can wish...

[togglebrush] 16/5/2012 10:00

Telegraph share tip
'

'
Questor share tip: Anglo Pacific offers rich royalty seam for investors

'Yesterday's numbers from mining royalty group Anglo-Pacific were disappointing. However, the fall in income appears to be just a blip.
etc

[togglebrush] 15/5/2012 13:52

FWIW
From RNS

During the period, royalty flows from Kestrel in Australia were lower compared to the same period last year: this was due to bad weather and a protracted longwall changeover impacting the level of coal produced. As seen previously, with longwall changeovers, we are confident that the shortfall in output from the period will be made up at a later stage.

From Wikipedia, the free encyclopedia

Longwall mining is a form of underground coal mining where a long wall of coal is mined in a single slice (typically 0.6–1.0 m thick). The longwall panel (the block of coal that is being mined) is typically 3–4 km long and 250–400 m wide.

[amitkoth] 15/5/2012 10:00

Notes from the conf call:

A bit disturbing to me - re Kestrel.

[togglebrush] 15/5/2012 08:59

IMS explains the recent share price dive

[haydock] 15/5/2012 08:24

Very reliant on the Aus coal royalty still: work in progress.

[northernlass] 06/5/2012 04:08

20% Mount Ida Acquired

Anglo Pacific Group PLC: Mount Ida Magnetite Royalty Acquisition

LONDON, UNITED KINGDOM--(Marketwire - May 2, 2012) - Anglo Pacific Group PLC (the "Company") (LSE:APF)(TSX:APY) announces that it has acquired 20% of the Mount Ida 1.5% Gross Revenue Iron Ore Royalty ("GRR") from Red Rock Resources PLC ("Red Rock").

The Company had entered into a proposal with Red Rock (as detailed in the announcement on 6 February 2012) and subsequent to this a wholly-owned subsidiary of the Company has signed a Royalty Sale Agreement with Red Rock. The Royalty Sale Agreement provides for a total of US$14 million being paid in three instalments as follows:

Tranche 1: US$6 million on completion and agreement of the terms of the transaction, for a 0.3% GRR

Tranche 2: US$4 million payment for a further 0.225% GRR following the results of a positive definitive feasibility study ("DFS"), a formal decision to mine and 20% of the pre-production capital costs outlined in the DFS being provided for

Tranche 3: US$4 million for a further 0.225% GRR following the commencement of commercial production, taking the total to a 0.75% GRR

Tranche 1 has now completed with the payment of US$6 million being settled by the payment of US$3,899,99.81 (less some applicable costs) and the issue and allotment of 416,161 ordinary shares in the capital of the Company to Red Rock. The new shares rank pari passu in every respect with the existing issued ordinary shares of the Company. Applications will be made to the UK Listing Authority, the London Stock Exchange and the Toronto Stock Exchange for the new shares to be admitted to the Official List.

Subject to these applications being successful, the Company advises that its issued share capital will comprise of 109,605,376 ordinary shares of 2p each. The voting rights of all of these shares are identical with each share carrying the right to one vote. The Company holds no shares in treasury. Therefore, the Company's total number of voting rights will be 109,605,376. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.



Also,

Here's a couple of links about SCLP, one of the hottest stocks at the moment:

[mattybuoy] 28/4/2012 22:37

I would suggest researching shale gas in some detail. It's not a panacea, nothing like it. Really it's just another expensive energy source, which at some point will revert back to being priced in oil equivalent terms i.e. much more expensive than now.

APF is mostly about met coal anyway.

[haydock] 26/4/2012 10:32

Her, has today come forward with yet more superb figs from Patricia.
The ball was in Nystars court, but will Her be around long enough for a Royalty, on a fantastic poly metal project.

APF must be watching & waiting for Nystar to move?
They know this project so very well.

[nielsc] 26/4/2012 10:21

Piedro,

Yes my thoughts too.
Snap.

Cheers,
Niels

[nielsc] 26/4/2012 10:20

Can shale gas be used in conventional steel making?

I doubt coal power stations are going to disappear overnight.

The shale gas era may come, but it isn't going to ramp up within 12/18 months.

I think you are perhaps dramatising this valid point.

Cheers,
Niels

[atflores] 26/4/2012 09:59

Shale gas might be enough to end the new era of coal sooner than I had expected. I am not aware of any investments by the APF in this area, and thus I think that until or unless they make some, there will be a marked decline in their share value within 12 to 18 months.

[piedro] 19/4/2012 15:16

???? >>>
...



FWIW,
P.

[haydock] 18/4/2012 11:28

Mining welcomes Canada's planned 'one project, one-review' permitting process

The Harper Government's plan to streamline major project review at the federal level, while leaving smaller project permitting to provincial regulators is garnering support from Canadian mining and energy.
Author: Dorothy Kosich
Posted: Wednesday , 18 Apr 2012



RENO (MINEWEB) -

Two major Canadian mining associations gave their blessings to Canadian Natural Resources Minister Joe Oliver's announcement of the federal commitment to streamline the permitting process for major mining and other major natural resource projects.

"Today's announcement is a welcome signal from the federal government that it is committed to move toward a one-project, one-review process that should create more certainty for companies, investors, stakeholders and Aboriginal communities," said Gavin Diron, CEO of the Association for Mineral Exploration British Columbia.

The Mining Association of Canada CEO Pierre Gratton said, "We support the government's plans to provide a more coherent and coordinated approach to environmental assessments for major mining projects. With $140 billion in potential new mining investment over the next five years, the efficiency and clarity that will result from these reforms will allow Canada to better compete internationally for investment and take advantage of growing emerging market demand for commodities."

The government of Canadian Prime Minister Stephen Harper wants to move toward a "one project, one review" system for reviews of major projects by recognizing provincial processes as substitutes or equivalents to federal ones as long as they meet the requirements under the Canadian Environmental Assessment Act."

In a speech Tuesday, Minister Oliver said, "Specifically, we intend to focus federal assessment efforts on major projects that can have significant environmental effects, such as energy and mining projects, rather than spending valuable resources on reviews of maple syrup operations, buildings to wash blueberries, and internal renovations to existing government buildings."

"With scarce resources, it is counter-productive to have the federal and provincial governments completing separate reviews of the same project. As part of our efforts to move to 'one project, one review' we will be in a position to recognize provincial reviews as long as they meet the requirements of the Canadian Environmental Assessment Act," he stressed.

The plan for Responsible Resource Development has four main pillars: more predictable and timely reviews; less duplication in reviewing projects; strong environmental protection, and enhanced consultations with Aboriginal peoples.

The proposal would set timelines for key regulatory permitting processes, as well as timelines for hearings and assessment including 24 months for panel reviews and 12 months for standard environmental assessments. It would also consolidate the number of organizations responsible for reviews from more than 40 to three: The Canadian Environmental Assessment Agency, the National Energy Board and the Canadian Nuclear Safety Commission.

For the first time, administrative monetary penalties would be imposed for violations of the Canadian Environmental Assessment Act, the Nuclear Safety and Control Act, and the National Energy Board Act. The proposed penalties could range from Cdn$25,000 to a maximum of C$100,000.

The Harper government has committed $13.6 million over two years to support consultations with Aboriginal peoples, as well as another $54 million over two years to the Major Project Initiative. In March alone, three new mining proposals were added to the list of projects that the Major Project Management Office will help guide through federal regulatory approval processes.

Meanwhile, small mining projects or smaller components of mining projects may find their environmental regulation switched to the province under the proposal.

The Canadian government estimates that more than 500 resource projects worth more than C$500 billion could come on stream over the next 10 years.

As might be anticipated, environmental groups and oppositions parties say the proposals will dismantle the checks and balances that protect the environment.

"You're going to have less time, less resources from the federal government to actually look at and understand these projects and less opportunity for the public to point out errors and omissions in submissions by proponents," Sierra Club Canada Executive , John Bennett, told CBC News.

"What's really happening here is that the federal government is abdicating its responsibility and trying to get out of the protecting-the-environment business," he declared.

Green Party Leader Elizabeth May told CBC News, "This kind of savaging of the environmental assessment process is more about speeding up the development even more than the industry needs."

However, MAC's Gratton suggested, "Greater efficiency and coordination in the review process will not come at a cost to the environment. The regulatory changes are targeted specifically to introducing predictable and realistic timelines for reviews, as well as eliminating duplication between provincial and federal governments in the review and consulting processes."




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[undervaluedassets] 16/4/2012 12:24

Have had these in the past and want to get back in

The vertiginous decline is scary though

How is the portfolio of smaller mining stocks doing currently?

[fieldhouse] 16/4/2012 12:22

Funds going for safe haven cyclicals.
China slowdown creates worry about commodity prices.
Fuel cost affecting profit margins.
OK ,here we are royalty based and not appreciated
AMHO.
cheers
fieldhouse

[undervaluedassets] 16/4/2012 11:00

what is up with these then?

[haydock] 13/4/2012 11:08

Minesite:

In exploration news, Maudore Minerals announced more excellent results from its Comtois property in Quebec. The highlight was an intercept of 354.5 grams per tonne gold over one metre, which was discovered in the main Osbell Resource Area. Additionally, drilling in the Eastern Extension returned numerous intercepts clustered near the far end of the extension. This potential trend spreads along a 2.5 kilometre strike length from the current eastern end of the Osbell Resource. Highlights from drilling in this area include 12.9 grams per tonne gold over 0.5 metres at depth and 12 grams per tonne gold over 0.5 metres near surface.



"As our drilling efforts continue to turn up high grade holes", said Ron Shorr, chief executive of Maudore, "the most exciting news is initial results from our Greer exploration. We now have sixteen intercepts in Greer on the Eastern Extension, including two new ones over twelve grams and two more over seven grams. All of the new intercepts are at less than 200 metres depth - thus there is near surface gold potential." Maudore's share price crept up marginally, and was trading at C$4.23 midweek on the Venture Exchange.


Theres more.......

[sigala] 08/4/2012 14:50

For anyone interested, I have just started a new thread where I plan to look at ValueGrowth stocks.

Already being a holder of APF, at some point I will look at APF on the thread.

If anyone wants to check the thread out its at:



Or search for it under the EPIC: VLG

Its a new thread so I welcome any discussion or stock suggestions.

Please note, the new thread certainly won't be a rival for this excellent bb - it is more of a general thread where I plan to look at many co's from the perspective of valuegrowth investing, APF will just be one of many and I won't be going into anything like the detail that the excellent posters here give us.

Sorry if this is a bit O/T.

GLA,

Sigala

[haydock] 04/4/2012 14:09

British Columbia to spend C$25bn improving Asian trading opportunities

BC's Premier announced Monday the launch of the Pacific Gateway Transportation Strategy which aims to expand Canadian mining exports to Asia
Author: Dorothy Kosich
Posted: Tuesday , 03 Apr 2012



RENO (MINEWEB) -

British Columbia Premier Christy Clark Monday launched the new Pacific Gateway Transportation Strategy 2012-2020 to expand international trade in coal, potash, minerals, forest products, grain, container traffic and growth in air travel.

The strategy targets Cdn$25 billion in new public and private sector investment needed to meet demand, in addition to $22 billion already committed since 2005.

"We have a once-in-a-generation opportunity to take advantage of the fastest growing economy in history," Clark said. "Asia is right at our doorstep-our ports are closer than anywhere else in North America. Our government is making sure we can get our goods to market as efficiently and quickly as possible and this strategy is a huge part of that plan."

For instance, Teck has invested more than $1 billion and hired an additional 1.000 people in British Columbia to expand its steelmaking coal, copper and zinc operations. "We're investing to meet growing demand, particularly in Asia, for the products we produce," said Teck CEO Don Lindsay. "Working with the B.C. government and the other Pacific Gateway partners, we're creating opportunities for equipment operators, trades people and professionals across the province."

Neptune Terminals' strategic investments have resulted in record terminal exports of potash and steelmaking coal, a 20% job increase at terminals, "and additions to come as we complete our expansions," said Neptune Bulk Terminals (Canada) President, James Belsheim.

The strategy will increase major road and rail capacity, rural resource transportation capacity, bulk and container terminal capacity at B.C. ports and air passenger and cargo capacity to meet projected growth through 2020.

So far, about $12 billion worth of projects have been completed. $10 billion in projects are now underway including expansion of the Trans-Canada Highway to four lanes from Kamloops to the Alberta border and Kicking Horse Pass. The highway is a main route for movement of east-west goods to B.C. ports.

Going forward, $25 billion in additional investment is planned. CN and Canadian Pacific plan to invest $2.8 billion to increase capacity on rail mainlines.

Private sector investment of between $300 million and $1.1 billion will expand coal terminal capacity in Vancouver and Prince Rupert, while up to $60 million has been committed to expand metal and mineral terminal capacity in Northwest B.C. and Vancouver.

Private sector investments of up to $700 million will be used to develop additional potash terminal capacity.

"We are building on our world-class transportation network to support the growth of exports that create new jobs and opportunities in B.C.," said Transportation and Infrastructure Minister Blair Lekstrom. "Our vision is to make B.C. the preferred choice for Asian-Pacific Trade and secure a great economic future for British Columbians."


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