ATH Resources Share Discussion Threads

[chrisdgb] 30/6/2010 07:14

Down...?????

I just don't get it....

should be heading close to 80p..

[labatie] 30/6/2010 06:58

I just hope they haven't run up ahead of results only to get hammered again after what we hope is a one-off loss. It is to me typical of this company that they didn't take the opportunity at the update to state that there would be a loss for the half year. What on earth do they lose?

In their PR they are jaw-droppingly DIM. I'm just amazed that this lot never seem to learn about timely and sensible communication.

For all that, IMHO the way ahead looks much clearer now production is back up and the PPs are all dealt with.

A good high yielding long term buy at these prices, I reckon.

Is anyone on here knowledgeable re reclamation/regeneration? If so it would be interesting to hear what you think re ATH Regen.

[gnnmartin] 28/6/2010 17:13

SRG (Scottish Resources Group) is hoping to list. They are the country's second largest coal producer, and the largest open cast coal miner. This should make ATH easier to value, and hopefully support the ATH share price.
Nigel Martin

[chrisdgb] 28/6/2010 14:29

let us hope the results on Wednesday put a nice floor under this one..

[undervaluedassets] 28/6/2010 11:02

I think has been tarred with same brush as UKC

But is everything that they are not.

And has improving rather than deteriorating balance sheet.

From all that I can see is insanely cheap.

new coal assets being cherry on the top.

don't grumble about the share price. it is massive buying opportunity.

[loafofbread] 28/6/2010 10:41

+1p, quite unbelievable!

However, looking at Scott Wilson SWG this morning gives you some idea how out of touch some valuations are.

[chrisdgb] 28/6/2010 10:23

thanks for the posts, this is amzing news in terms of the reserves....!!!!

cannot understand why we are not up massively..??

[spaceparallax] 28/6/2010 07:53

great news

[loafofbread] 27/6/2010 08:42

Netherton was in front of the planning commitee 2 months ago with an expectation of being passed. Thanks to the input of a few on that commitee (pita types that have been given to much power by our rubbish planning system) it was kicked to the long grass because of road access issues. The planners who had worked on it for 6 months gave their approval. Such is life.

I think that result has caused the recent weakness.

ATH have had to amend those issues and it went before commitee on Friday morning where it was approved. Once ATH has done the legal lose ends it becomes official aka the other planning RNS for Dun........


I would think the results were pushed back due to the above delay.
5 Million tonnes is £250M at last years prices and underpins this company for the next 6 years. Regardless of the actual results this gives certainty to the market and is why the analysts have been invited (imho)

I hope for a good week (even though I have been wrong so far) All of the above is in the public domain/websites etc but does take a bit of finding. A polite phone manner also helps.

[labatie] 25/6/2010 16:07

loaf

Well researched. Thanks. Let's hope the results clear the clouds a bit over this one

So long as there's not a PS "Oh and by the way..." comment.

Re yr previous post, I'm still trying to work out yr point b). Does it still refer to ATH?

[loafofbread] 25/6/2010 12:21

Hate to give the game away and let the PI have a chance for once to make some money but approval just been given for the Netherton application.

That's another 4.1M tonnes in the bag (subject to the usual sec 75)which guarantees production 6 years out and not an unuseful £200M gross income.

Quite what even the sour grapes from evolution (upgraded us to hold 72p on last weeks consent which is a fifth of the size) will have to say is anyone's guess!

Jolly good idea to invite all the analysts next wednesday and explain why with these two planning consents under our belts we are just a little bit undervalued.

Any questions?

[spaceparallax] 14/6/2010 09:48

welcome good news.

[dixies] 09/6/2010 15:26

Results put back to 30 June:

[spaceparallax] 09/6/2010 15:05

roll-on next Tues - we need good results to stem this frustrating slippage.

[undervaluedassets] 03/6/2010 11:32

looks like a genuine bargain here.

[cnx] 02/6/2010 22:31

interims on 15 june

lets hope for some progress in australia

[cnx] 02/6/2010 15:27

This from ATH's PR firm

Further to your enquiry regarding progress with the planning application at Duncanziemuir, which is an extension to the Laigh Glenmuir mine, I can advise you on behalf of ATH Resources that the application has not yet been determined. ATH will issue a stock exchange announcement when any planning application is determined, so should you be linked to the news announcement either through their company website or London Stock Exchange page. You will be advised at the earliest opportunity.



Best wishes


Sarah

[cnx] 02/6/2010 13:25

another day gone and nearly bedtime in thailand

still no email

[cnx] 01/6/2010 14:17

found this and phone number at end



[phone],

spoke with young lady who agreed to get mr.lee(?) or leigh(?)
to send me an email answering the question "what was out come of planning meeting?".
its 9.15pm here in thailand and past my bedtime.

others may like to follow up by phone with the same question

[loafofbread] 31/5/2010 18:48

Thanks for bringing that over as I forgot to double post it.

Where's the news from the planning commitee?

[cnx] 26/5/2010 01:47

thanks, labatie

if anyone attends the agm it may be worth expressing our concerns over lack of information and try to get across the need for quarterly information

[spaceparallax] 24/5/2010 13:40

Thanks Lab, that's reassuring despite the share price performance.

[undervaluedassets] 20/5/2010 10:31

insane bargain at these levels