Atlantic Coal Share Discussion Threads

[inayatk] 07/9/2015 15:56

Nice blue day Good volume also ... decent buys

[tidy 2] 03/9/2015 12:35

Nice to see a bit of civility Mike. Well done.

[awise355] 02/9/2015 23:00

Eezymunny, go to proactive investors and look at the video interview around July, clearly states it will last till the end of the mine life cycle, 2.2M tonnes

[mike111d] 02/9/2015 17:59

I see that .12p came to pass today then as predicted, good luck if you still hold.

[eezymunny] 02/9/2015 14:51

awise355

You said "so this new high yield coal seam should last the entire cycle of the mine, around 11 years"

Where did you get that from? Or did you just make it up?

Pretty please...

[granitetim] 02/9/2015 09:54

I'm guessing it's time to dip your toe in at these levels.

[awise355] 01/9/2015 09:46

Good buyingI think this should settle between .15-.20 I the next few days, it sounds like the future is very positive with the new coal not yet mined and cost savings and efficienciesThat's 3 positives, all operational!

[tidy 2] 01/9/2015 09:32

Letting it go?

[tidy 2] 31/8/2015 13:40

Atlantic Coal boosts sales and profits from American mineShare Atlantic Coal moves strongly into profits after the impact of the refurbishment of the Stockton mine begins to show throughhttp://www.proactiveinvestors.co.uk/companies/news/110325/atlantic-coal-boosts-sales-and-profits-from-american-mines

[awise355] 31/8/2015 10:37

So this new high yield coal seam should last the entire cycle of the mine, around 11 years....looks like a little gold mine at last, just had to get to the bottom of the U shape seam to get the best unmined coal.I was concerned at buying in on the spike last week at just under 0.17 but I think we could be well on for .30 or more by the year end.

[tidy 2] 28/8/2015 18:26

Mike lol. How do you make a few morsels what is your technique?

[mike111d] 28/8/2015 18:17

Again Tidy where is the stock coming from and why did it close down if it is so much in demand - the old adage of if it looks too good to be true......?

Don't worry though as it would seem that you are not the only one to have made what I would consider to be an error in judgement by investing here:


Amazon_Woman - 27 Aug 2015 - 11:26:21 - 531393 of 531773
Whichever way I do the numbers Atc should be 1 p so I've bought a few

The CR thread can be quite illuminating and sometimes just downright entertaining.

[tidy 2] 28/8/2015 18:15

Hats £18.2k btw. Was it you Mike :))

[mike111d] 28/8/2015 17:34

Another direct question avoided I see.

[mhin2] 28/8/2015 17:32

Inflated profit, but profit on the up, costs significantly reduced...cash generative

[nick rubens] 28/8/2015 16:07

What was the exceptional and how much that inflated the first half profit? cheers NR

[mhin2] 28/8/2015 15:56

andyhud- lse...agree completely "The problem with ATC is what they do next.... the results were outstanding... pushing up production has led to sales which to my mind is exactly what the BOD had to do... now the next part... will they get ahead of themselves and spend beyond their means leading to a poor finals or will they consolidate this time? ATC has always been very good at generating cash... and if you think about it, in the last 2 years posted a profit on their half year results, the first time this happened was billed "maiden profit" and everyone went nuts, now its a regular thing. Which other AIM based company are in production, are posting profits? most are explorers waiting to go into production. ATC need to look at the current challenging climate and consistently post profits, keep production high and then sentiment in this company will certainly change. IMO, the low share price of sub-0.1p is driven by LTHs throwing in the towel and not necessarily on facts alone."

[inayatk] 28/8/2015 15:50

Gone quiet here - Kids popped out for some ice cream? ;-)

[tidy 2] 28/8/2015 14:36

Look forward Mike don't stay in the gutter.

[mike111d] 28/8/2015 13:56

Tidy, perhaps you would want to better understand the history and its implications going forwards, that said each to their own.

[photon] 28/8/2015 13:48

With regard to the exceptionals, EezyMunny, I'm not sure they are forming the majority of profit, although they are a large component. Looks to me like there is around £1.2m net non-exceptional profit in those figures and some decent cash generation to cope with the financing. Valuation all depends on whether one shares the optimism of the management, which does appear to be tempered sensibly by awareness of the pricing environment. If one does share it, then continued improved performance looks like it could justify a near term valuation of up to £25m. If one doesn't, then one takes the view that they will struggle with the financing and value will erode. So of course, those who back the management view stay in and those who don't want to take the risk get out.regards,infrequent poster photon