Coal of Africa Share Discussion Threads

[ianio5691] 17/7/2017 13:29

A bit of movement at last....!!!
Not in the right direction...!!!
FFS...!!!
But a bit of movement!

[boodgewoodge] 14/7/2017 13:08

that canary is just about barely holding on ...... any ideas of the volume this soon to be ex holder needs to dispose of

[boodgewoodge] 13/7/2017 11:31

2bozmo , DB 's phone calls seem to be going unanswered , there is a mine full of sellers on the JSE and what looks like a lone canary trying to mop up what it can ! the board has to get this company going , a market cap of 1.2 b ZAR .... ? and falling !!

[boodgewoodge] 12/7/2017 12:30

absolutely quiet with reference to Uitkomst , are we producing and who was the acceptable supply of coal agreement signed with and the details of the same wrt volume and time lines

[boodgewoodge] 06/7/2017 14:41

the next good news should be the successful disposal of Mooiplaats by inference based on the way things have gone for the last 6 months or so , and if that does not lift the share price then common sense will dictate that an investor with even half a brain should jump ship !

[2bozmo] 05/7/2017 17:20

Opinion only. Sorry to disappoint!

[boodgewoodge] 05/7/2017 16:45

an opinion or have the talks began ?

[2bozmo] 05/7/2017 15:54

Someone will take us out before we produce anything at Makhado.

[casual47] 05/7/2017 14:35

Quite hard to know what to value CZA at.

The massive dilution has curbed a lot of the upside. I doubt we will see 20p any time soon. I think I'll just pip into profit at 6p so I'd be happy with that for starters.

[boodgewoodge] 05/7/2017 14:21

but none at a discounted price of this nature !

[casual47] 05/7/2017 13:55

Also, coal isn't exactly top of most PIs minds.

There are more exciting mining companies digging for resources that are used in the next big thing re. Energy

[ianio5691] 05/7/2017 13:19

In order to clear whoever the seller is, we need volume and demand.
To get volume we need to generate interest and excitement..... Something sadly lacking for years, and something Mr Brown seems woefully incapable of creating.

Uitkmost hardly seems to have set the market on fire does it!
Water licences dragged out forever..
No deal on Mooiplats...
Makhado moving at a snails pace
Vele moving at a snails pace

Yawn...boring!

FFS lets get this show on the road !

[boodgewoodge] 05/7/2017 10:33

better hope not because at their rate of disposal given their shareholding volume equates to the share price being at these very depressed levels even beyond forever

[willoicc] 05/7/2017 09:49

One of these perhaps?

[channel pirate] 05/7/2017 08:25

Don't tell me that the Rio Tinto legacy agreement has not been a big drag on the share price, therefore I was expecting the market to mark the share price up a bit more than they have done at the moment. Maybe the mm's are hoping to get rid of a few "loose rocks" at a cheap price before they "adjust" the share price !!

[boodgewoodge] 05/7/2017 08:17

2bozmo if they could dispose of RIO surely the board can dispose of that constantly irritating seller who seems to just be there all the time !

[1kiwi] 03/7/2017 20:39

At least the spread is decent, most of the time its as much as 35%

[casual47] 03/7/2017 14:26

Whoever and why-ever the seller is selling, the fact they can't find an II to do an orderly off-market transaction with is telling in itself.

[boodgewoodge] 03/7/2017 14:22

any idea of the volume that needs to be disposed of

[2bozmo] 03/7/2017 14:09

Yes, at the meeting they said they knew who it was. And DB knew them from his previous job, he was going to give him a call and say not the time to be selling!

[boodgewoodge] 03/7/2017 13:31

any hint of any recovery in the share price is snuffed out even before it starts on the JSE , this can only be one of the the major shareholders getting rid of whats deemed as dead stock , this can take a lengthy period of time or it can be dumped . 2bozmo , the board can definitely find out the source of the selling pressure , what is their opinion on this ?

[1kiwi] 02/7/2017 20:21

The 500k buyer is still lurking in addition to that mm that keeps hoovering up at 2.8, at least we are a producer again.

[boodgewoodge] 02/7/2017 19:55

The JSE has a seller who is constantly disposing of any decent volume even as there might be some upward interest thereby keeping the price CONSTANTLY in a downward channel ...... there's just like a big bad block in the way and as for our IGA which even at optimal performance doesn't come anywhere close to allowing us to survive independent of further assistance resulting in further share dilution and don't even open the chapter of " Mooiplaats Imminent Sale " and " Mooiplaats Many Suitors "!

[1kiwi] 02/7/2017 12:47

Why is it so quiet here, everyone have these tucked in the bottom drawer?

;)

[1kiwi] 02/7/2017 12:37

Prior to recent acquisition Peel Hunt had a broker target of 5p

hxxps://www.brokerforecasts.com/companies/CZA

Interesting to note the previous targets as much as 208p (Obviously prior to copius amounts of dilution) and the unusual coverage from the major investment banks that don't usually cover AIM/Small Caps such as Morgan Stanley, BOAML and JP Mprgan etc. Hopefully the recent acquisition is the turning of a whole new leaf here.