Atlantic Coal Share Discussion Threads

[letmepass] 27/8/2015 09:22

Sorry to contradict but looks like good consolidation at these levels. ..expect a rise, a large rise later on..

[marmar80] 27/8/2015 09:22

The good thing about Atlantic Coal is that they were investing in the rails within the last years to bring the costs down. They have also signed a contract with China to secure fixed export. Now it pays off.

[chrisgail] 27/8/2015 09:19

So am I, but you know as well as I do you won't be doing so!

[guns1inger] 27/8/2015 09:17

People taking profit

[guns1inger] 27/8/2015 09:15

Hoping to buy at 0.12p in the next hour

[tidy 2] 27/8/2015 09:11

Well done here that is some profit. This set of results for the six months to the 30 June 2015 with an operational profit of $4.2 million represents a remarkable turnaround for the Company and demonstrates the results of the Company's decision to modernise Stockton to exploit the high quality anthracite reserves, in particular those arising from the 30 feet thick Mammoth seam. We have not only reduced our operating costs and increased our production capability with new haul trucks and excavators, a refurbished and increased capacity wash plant and the advance of our mining operations into the near solid Mammoth seam, but we have also developed sales of Run of Mine coal to other anthracite processors thereby increasing both sales volumes and revenue.You should have over 10m profits by year end.

[granitetim] 27/8/2015 09:06

A placing perhaps. at what price though ;)

[granitetim] 27/8/2015 09:04

It reached circa this share price when it was loss making so let's see now ;)

[sleveen] 27/8/2015 09:03

Nice to see an AIM stock actually doing well commercially.

However thee current liabilities are $4m larger than current assets, hence a placing may be likely.

GLA

[marmar80] 27/8/2015 08:58

two days ago you could buy at 0.8 or 0.7...

[chrisgail] 27/8/2015 08:54

marmar80 at last some of my holdings are in profit, but some way to go before true profit, but at least we can see that happening. I'm a little surprised the Company did not issue clearer positive guidance in previous updates, but that is now history.

[big7ime] 27/8/2015 08:52

4m profit in the quiet half of the yr, huge cash cow seam uncovered
Mkt cap 9m you do the math!
ATC
My 20bagger tip of the yr coming good at last

[marmar80] 27/8/2015 08:50

Chris, as a LTH I have to say I should have averaged down... now still waiting game until breakout

[tidy 2] 27/8/2015 08:50

Topped up wres thankyou atc. Gla

[amrishbhim] 27/8/2015 08:44

1p target to today's RNS

[chrisgail] 27/8/2015 08:41

Always said the correct valuation was 0.4 - 0.5p we may see that fairly soon. Well done to long term holders.

[nash81] 27/8/2015 08:36

after profit, dont forget to come back to WRES - see RNS yesterday

[robhammers] 27/8/2015 08:35

huge borrowings for such small company

[65jack] 27/8/2015 08:28

Baron day trading also bought in here

He has a massive following

Baron Day Trading ‏@barondaytrading 23m23 minutes ago
#ATC: Atlantic Coal - who read that RNS? Sure many did but didn't shout it out ;0 Very nice vs expectations & MC …
1 retweet 3 favorites
Reply Retweet 1 Favorite 3

[ttny2004] 27/8/2015 08:28

Think will end over 20p. Can see steady rise to back over 30s as story spreads

[65jack] 27/8/2015 08:28

WOW thats stonking figures. got to be a 4 bagger from here.

cannot buy online