Coal of Africa Share Discussion Threads

[boodgewoodge] 11/5/2016 09:59

thanks , where is this date limit for the 13th from ?

[boodgewoodge] 11/5/2016 09:22

I'd better mobilize some funds , WHEN CoAL has an income producing asset and the Makhado due dilligence is successfully completed , with the water license active once again soon hopefully, we might not need Makhado to be producing before we test our old time highs ! ( not lows for a change ) How nice does that sound !!

[2bozmo] 11/5/2016 06:33

Boodge, 13-May.

[boodgewoodge] 11/5/2016 06:10

2bozmo , by which friday do they have to inform the market ?

[channel pirate] 11/5/2016 05:36

2bozmo

Maybe because we don't want to get too excited and over exposed (again) before we have confirmation it HAS happened.

It's not just CZA, it's a lot of the market that is not performing at the moment, and a lot of pi's have a lot of their money tied up in shares sitting on a loss at the moment.

[2bozmo] 10/5/2016 21:26

Far too quiet on here....maybe that's a good thing :-)

[2bozmo] 10/5/2016 11:32

Think you have to buy this before Friday. Company has to inform market on that day whether UC goes ahead on 20 May or extend variation again. I am fairly confident through conversations with them that this time we get the green light.The last UC quarterly update was very encouraging and they were on course for 200k tonnes production in April. No doubt the market will have to taken notice when the deal goes ahead, and re-rate us from explorer to producer. UC will continue to ramp production to 3.5m tonnes per year and with Makhado at 5.5m tonnes makes us a player in coal markets. Potential for Vele, Mooiplaats, and eventually GSP means in my opinion this is a gift here and should re-rate in the very near term

[2bozmo] 04/5/2016 17:39

Lots more to come here - universal deal to be completed by 20 May. Looks like this finally be completed!Distressed seller in London now gone and lots of blue sky ahead. Mr market will take notice of us when we're selling 200k tonnes a month

[babbler] 04/5/2016 14:37

More Buys finally coming in now...

[a2584728] 04/5/2016 14:36

I don't think the team will want betaken before they have achieved significant growth in profits.

[brewsters_millions] 04/5/2016 12:19

Nice rise and congratulations.Any one that is interested The next biggest coal riser will be NCCLNews expected anytime where NCCL partner with SEP (shanghai electric power)Not to be missed.Will rise hard and fast as not many shares in free float and this is the biggest month for holders as the deal completion with SEP can arrive any day.GLA

[noddy31] 04/5/2016 11:18

They have paid significant premiums even when the price was 5p.

I cant see this not being taken out by end of Summer

[noddy31] 04/5/2016 11:02

Lift off!

Now the Chinese can take the rest of CZA for 10p

[babbler] 04/5/2016 11:01

Quiet considering...

[buywell2] 14/4/2016 09:09

buywell2 2 Aug'12 - 08:56 - 4825 of 10338 0 0 edit


Do you guys operate stop losses ?

The OIL industry is in a mess now with lower OIL prices hitting profits , lower to come expected next year.

China is in slowdown mode and CZA is telling investors that COAL prices are falling ... it would appear that 2013 will be worse not better as the EU drags down the world economy with China adding a double whammy

Support line blue now breached

The new low where the lines cross is 18p

However I would not be suprised to see 15p hit


Will CZA start 'stockpiling' ?

What is the point of upping production to up losses ?

''-- Pressure on index linked coal prices continued during the quarter declining from US$103/tonne in March 2012 to US$87/tonne at the end of June 2012. As a consequence the Company's thermal coal mines reported losses during the quarter under review. ''




buywell2 31 Jul'12 - 13:24 - 4789 of 4813 edit


Chartwise if the first blue support goes the share could hit a new low


free stock charts from uk.advfn.com


dyor

[boodgewoodge] 14/4/2016 09:01

with the repeated postponement of the UC deal deadline and now the water license suspension , the prolonged response from the suitors for the Makhado funding , its rather amazing we have not tested the all time lows yet ! we are really in need of some ground breaking news from the management ........ soon

[2bozmo] 25/3/2016 10:12

A couple of late reported trades totalling approx 940k. Expect interest to pick up ahead of UC deal completion

[digger27] 24/3/2016 20:42

Today's chart looks like a heart monitor and then flatlines as per usual.

[boodgewoodge] 19/3/2016 11:09

this company lacks only ONE piece in a puzzle to vault back to previous highs ....... an income generating asset! with Universal in its fold and the Makhado funding finalized , it wont even matter on the price or demand of coal , well not for a considerable while before the euphoria wears out ...... then we can look around at the global picture

[buywell3] 19/3/2016 05:44

I posted here when this was over 30p predicting the fall in price with charts to substantiate numbers

I was correct in all forecasts

Buying this share is a play on COAL price

China which has accounted for most of the worlds demand up to around 2012 has cut back and continues to do so.

The EU and America have cut back COAL usage over the last 10 years and more and continue to do so

COAL prices look to be going nowhere over the next 3 to 4 years with cheap Natural Gas and cheap OIL

China is now the worlds biggest maker/exporter of Solar panels which are subsidised by the Chinese Government and exported around the world at a loss/break even.

Many USA and EU manufacturers of solar panels have gone bust ie China dominates this growth market

COAL is thus not a very good investment as the chart of CZA and other COAL mining/associated companies show

[digger27] 15/3/2016 10:29

I give up trying to fathom out prices here as the graph and published share price never seem to match. Just wake me up when it stabilises at a quid lol.
Ianio - the train will have to be The Flying Scotsman as it uses coal :)

[ianio5691] 15/3/2016 08:49

Spread now 1.7p to 2.1p... best that it has been for a long, long time.

Are the MM's finally trying to encourage some trading...?

Lets hope its finally time to take your seats as the train might be leaving the station.

Re-rate due here.

[2bozmo] 11/3/2016 12:13

Coal prices up again, API4 Q2 now $53.50Also I see we've been included in ASX All Ords Index

[ianio5691] 11/3/2016 09:10

RNS...

All seems to be proceeding as planned....

What will the potential impact on our shareprice be, (hopefully) when this proceeds

GLA