Coal of Africa Share Discussion Threads

[2bozmo] 11/9/2017 12:31

Everyone very excited about Makhado Lite apparently....

[happyholder123] 09/9/2017 08:33

HNR -
TWO wells successfully drilled with abundant oil and gas in samples extracted!
Fracking and FIRST OIL next month!
Don't miss this train!

[boodgewoodge] 01/9/2017 19:35

Looking back over the last eight months it's unfathomable that we're still languishing at this pitiful share price given the way the good news has been constantly churned out over the same period. Just the sale of mooiplaats with hopefully no strings attached such as a partnership or the equivalent, and a second acquisition to adequately cover running expenses and perhaps place CZA in a cash positive position until Mak Lite starts producing should finally position the company to fulfill DB's QUANTUM LEAP promise for CZA ! How much more of a share dilution could be expected for the second acquisition ? Could mooiplaats really have a suitor in the near future who is ever going to have completed their due diligence and have the financial muscle to pick it up for who knows what purpose! Uitkomst better have some broad shoulders and be able to surprise on the upside , an acquisition of sustantial salt to justify another share dilution and the back of Mooiplaats is really overdue with no further kicking that can further down the road

[2bozmo] 01/9/2017 14:58

No idea why the volume flurry. Promises to be a big month I hope, potential sale of Mooiplaats, development of Makhado Lite, new acquisition. With the rally of 12% in coal prices in August to a 3-year high and the announcement of further cuts in China, I'm excited about our prospects. Also interesting to hear some production numbers out of Uitkomst. Yes, you've heard it before....but maybe....

[boodgewoodge] 30/8/2017 14:56

2bozmo , the volume today pales in comparison to yesterdays flurry of activity , seemed like something was going to be released in the very near term , and then today .... (well nothing really out of character for CZA ) any reason for the spike in volume yesterday ?

[boodgewoodge] 16/8/2017 12:20

2bzomo , thanks for all your effort

[allend47] 16/8/2017 10:05

thanks for info, 2b

[casual47] 16/8/2017 09:52

End of quarter, as in September? Seems a bit soon?

[2bozmo] 16/8/2017 09:37

Spoke with company this morning, they are still hoping for Mooiplaats disposal by end of quarter.From what I understood previously they were also hoping to have determined the next target by around then too. I mentioned universal and whether revisiting, a lot to admire about company but not have cash generating aspect they are looking for.

[boodgewoodge] 16/8/2017 07:45

2bozmo , is there any glimmer of news or action planned by the board to
1. bury the Mooiplaats legacy
2. a second acquisition ( lets just buy Universal and run with that , allowing Makhado to fall into place by itself and in its own time )

[boodgewoodge] 28/7/2017 13:29

seems as that persistantly large seller on the JSE has opted for a long weekend or could it be that their holding has been depleted ?

[channel pirate] 28/7/2017 12:42

Monday next is the 31st July, so it could be published then ?

[boodgewoodge] 28/7/2017 12:25

does anybody have an idea where the quarterly's are ?

[boodgewoodge] 28/7/2017 09:30

we don't have a COO , neither an Investment Relations person , even the quarterly seems to be elusive

[ianio5691] 26/7/2017 10:22

Shareprice clearly of no consequence to the Board, who continue to collect fat salaries regardless.

The issue here is confidence - until the market sees revenue, or evidence of development in black and white, I fear the shareprice will continue to drift in an unending death spiral.

Thoroughly pee'd off with this now!

[boodgewoodge] 26/7/2017 09:33

there just seems to be an unnecessary seller in the market who is hellbent on seeing this share price under pressure , not disposing of significant volumes where there are buyers but non the less keeping a lid on any form of upward momentum .... this for too long now and should be addressed aggressively by management and communicated to us shareholders who have weathered this pitiful valuation for much too long, and now that monumental hurdles have been overcome we should be enjoying the fruit and not be hanging around for some up turn hopefully every time the board meets only to be left waiting for the next quarterly

[2bozmo] 25/7/2017 18:30

Quarterly update this Friday. Hopefully something positive, we need something to get this moving higher!

[boodgewoodge] 19/7/2017 14:01

is this price range really justifiable or seriously what nonsense is this ?

[casual47] 18/7/2017 15:14

Perhaps when the first financial reports are published that show cash generated from production this will see an uplift.

[ianio5691] 18/7/2017 14:47

I think it will take more than fingers and toes to get this dog moving.


We need some decent updates and news on whats happening.

In fact we just need SOMETHING to start happening. Anything....

PR is non existent.

It has been posted on another board that Celeste Reikert, Investor Relations, has left to join Universal Coal.

[allend47] 18/7/2017 14:36

Well , my fingers and toes are crossed .

[boodgewoodge] 18/7/2017 14:07

seems like DB's calls and shareholders prayers have been answered ... day 1 of no selling pressure ! now if the human mind has been as well mapped as claimed in the medical field , couple of days of hesitation to make sure the seller is really gone and this should be followed by deluge of , hopefully , buying

[boodgewoodge] 17/7/2017 19:15

Well there goes the canary, another accolade for the board