Atlantic Coal Share Discussion Threads

[addict] 09/9/2015 15:45

Widening market reach and greatly improved productivity.All good.

[czar] 09/9/2015 15:36

Meantime the PE is 1x so should be a ten bagger if they keep this up, or more if they improve production.

[tidy 2] 09/9/2015 14:45

Guys here it is.You are best to read the RNS's and draw your own conclusions. Summary as follows : Went from a loss last year to a £4.5M operating profit in the first half of this year. Many factors in their favour now and potentially looking like a very good recovery play. They are mining at exceptional recovery rates of over 50%, low fuel costs, and increasing production levels. Q3 numbers due in a few weeks and potentially could be a big turnaround for ATC's fortunes.

[addict] 09/9/2015 10:06

Well worth in-depth research to show how the further operational improvements have yet to impact the numbers.Agree-H2 will be very impressive indeed.

[tidy 2] 09/9/2015 09:57

Won't be a spike. These guys cleared 4.4m profit in six months and that was hindered. Anthracite sales peak for H2 and they have the highest grade

[bungeetrader] 09/9/2015 09:56

Expect this to continue to climb nice and easy over the next few months. Expect the next set of results (I know they are quite some time away) to be absolutely stonking imho.

[awise355] 09/9/2015 09:51

We could see .2 today on a spike.....

[tidy 2] 09/9/2015 09:34

Wins moved to 0.2

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

More like it. Upwards of 0.3 soon !!! IMO

[tidy 2] 09/9/2015 08:39

Commenting on the results, Atlantic Coal's Managing Director Steve Best said:"I am pleased to report an excellent performance in H1 in what have been challenging global market conditions. Set against this background the Company has performed extremely well, moving into a meaningful profit after a small loss in the comparable period last year and the overall loss for 2014. The performance is particularly noteworthy as the reporting period also includes Q1 when our Stockton Mine again faced severe adverse weather and temperature conditions and Q2 when our wash plant was not operational for 16 days for refurbishment and improvements."The Company's decision to modernise the mining fleet with new haul trucks and excavators, upgrade both the capacity and performance of the wash plant and (immediately post-period end) to commission a new rail loading facility is now bearing fruit as we continue to mine the near solid 30 feet thick Mammoth seam along with the Diamond, Orchard and Primrose seams which are also producing in line with, or ahead, of our internal expectations.We look forward to the usual seasonal increase in anthracite prices in the second half of 2015 and which must also be seen against the background of anthracite prices holding up well compared with prices for thermal bituminous coal. All of this gives me confidence to look forward positively to the second half of the year."

[tidy 2] 09/9/2015 08:39

Buys trickling in. Well done holders.

[awise355] 09/9/2015 08:35

Be nice for a slow steady rise but it always seems to intra-day spike

[tidy 2] 09/9/2015 08:04

This is a buy confirmed

[datait] 09/9/2015 07:15

STRAP IN FOR TAKE-OFF LADAIES AND GENTS.

[meijiman] 08/9/2015 16:30

what about the options/warrants-dilutive?

[bungeetrader] 08/9/2015 16:18

Surprised there is not a lot more comment on the rise today. Looks poised to climb over 0.2 in the next few sessions. Fingers crossed!

[datait] 08/9/2015 14:33

Just bought 1m tidy lets hope its going to be a good one thanks for that.

[addict] 08/9/2015 14:21

Every opertional KPI has turned massively positive.Looks dirt cheap IMO.

[awise355] 08/9/2015 13:55

There she goes playas

[awise355] 08/9/2015 13:17

With America about to bounce we could see a great afternoon...

[awise355] 08/9/2015 13:07

Good volume on buys and sells which is healthy, need to clear out the buyers from around .10p before we can move up strongly again, another 200% day from these levels on news would be most welcome :))

[addict] 08/9/2015 12:04

Momentum seems to be building up here.

[awise355] 07/9/2015 15:59

Surely if the H2 is like H1 this has .3p or above written all over it?