Coal of Africa Share Discussion Threads

[noddy31] 19/5/2015 11:42

Those sold will be regretting and looking for an entry point.

[jotoha2] 19/5/2015 09:37

Looks like the share price is being brought up to allow insti funds to get on board for a recovery / sale . Where it will settle is pure speculation , I like the look of 20p plus.

[noddy31] 19/5/2015 09:33

Many traders have left, expecting a retrace of 20-30%.

I cant see that happening, with a huge gain yesterday and showing strength today, even with all those cashing in with small profits.

Roll on 10p+

[hectorp] 18/5/2015 15:40

Was in two years back, so now its either they do OK and produce or are taken out at least 10-12p. So it should go to 10-12p forthwith.

[billthebank] 18/5/2015 08:22

Only got another 30 months to wait until cza is actually producing and one day just one day might just might get my money back Nice response though today and last week. Fingers crossed all will be well.

[sos100] 18/5/2015 07:49

£ a share!

the mc already over £100m

[j777j] 18/5/2015 07:36

Isnt this now worth pounds a share?

[a2584728] 18/5/2015 07:13

I suspect you are right however if they do start production before the inevitable the take out price will be higher.

[jotoha2] 18/5/2015 07:11

CZA as a company will never get to production , takeout by the eastern boys is being lined up well before it sets in !!

[a2584728] 18/5/2015 07:04

Great news, now onto production and positive cash flow = profit = share price rise.

[jotoha2] 15/5/2015 17:07

JP Morgan ran the slide rule over this one some time back , and estimates at that time for a takeout , following a clean up of the assets would be in the order of 28p , so a fair bit to go yet.

[noddy31] 15/5/2015 13:23

GET THE FEELING THOSE WHO HELD OUT WERE THE SUFFERING LTH WHO CAME IN AT 20-30p+.

HENCE TO THEM THESE ARE SMALL MOVES TOWARDS REDUCING THEIR LOSSES.

I THINK WE WILL BE HEADING TOWARDS 7-8p BEFORE ANY POTENTIAL PREDATOR RAISES HIS HAND UP FOR A TAKEOUT.

FORCAST T/O PRICE 10-12p

CURRENT UPSIDE 100% MINIMUM

[a2584728] 15/5/2015 12:36

Re rating and about time too.

[ianio5691] 13/5/2015 08:52

Nice tick up this morning.

Good to get confirmation Mr B has now got all the historic liabilities sorted.

Expecting a gentle rise to the 5.5p placement price in time for confirmation of the 3rd and final tranche, and then onwards and upwards on completion of Mooiplats disposal.

It also appears that the overhang has been cleared with the recent large trades.

Expect a holdings announcement soon.

Looking good... :-)

GLA

[ianio5691] 08/5/2015 08:02

Fingers crossed..... :-)

[ianio5691] 06/5/2015 17:33

Am I seeing things....???

96,000,000 of delayed trades from 1st May just notified....

[bobsa] 05/5/2015 21:50

Been a while since I posted on this thread, but this has been in my bottom drawer for a while. Given the share price it hasn't really been worth my time.Just thought i would chime in though tk make sure you guys are aware that the Chinese Hebei are spending several billion constructing a steel plant in Limpopo. It seems pretty clear to me that Makhodo will be supplying this with the Hard coking coal it will require.As such, if CZA got bought out, it will be them doing the buying, given what they have paid to date, they won't risk the supply. What's another few hundred million to them to Makhoda into pri