Share Name Share Symbol Market Type Share ISIN Share Description
Prairie Min LSE:PDZ London Ordinary Share AU000000PDZ2 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 29.50p 29.00p 30.00p 29.50p 29.50p 29.50p 2,890 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.2 -5.1 -3.4 - 49.02

Prairie Min Share Discussion Threads

Showing 301 to 324 of 325 messages
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
06/7/2017
07:09
RNS Number : 2495K Prairie Mining Limited 06 July 2017 PRAIRIE MINING LIMITED NEWS RELEASE | 6 July 2017 FINAL TERMS AGREED FOR CD CAPITAL ADDITIONAL FUNDING · Prairie and CD Capital agree final terms for a further investment of US$2.0m in the form of non-redeemable, non-interest bearing Convertible Loan Notes · Funding increased to accelerate the redevelopment of Prairie's Debiensko Hard Coking Coal Project and advance pre-construction engineering works at its Jan Karski Mine · Subject to Shareholder approval, Notes issued by way of a private placement by PDZ Holdings Limited which will be convertible into ordinary shares of Prairie at A$0.46 (28 pence) per share (same price as the recent Institutional Placement) and will be subject to a lock up period during which time CD Capital may not convert the Notes prior to 1 April 2018 · Based on the current share capital, conversion of all of CD Capital's Notes and exercise of CD Capital's options would result in approximately a 30% shareholding in Prairie Prairie Mining Limited ("Prairie" or "Company") is pleased to announce that it has finalised terms for the previously announced additional investment from its cornerstone investor CD Capital Natural Resources Fund III LP ("CD Capital"), subject to shareholder approval. The investment will take the form of a private placement of non-redeemable, non-interest bearing convertible loan notes ("Notes") for an aggregate principal amount of US$2.0 million upsized from the previously announced A$2.0m. The Notes can be exchanged into ordinary shares of the Company at A$0.46 per share representing the price of the share placement to a number of high quality UK institutional investors completed in April 2017 ("Institutional Placement"). The Notes are subject to a nine month lock up period whereby they are convertible after 1 April 2018. The proceeds from CD Capital's investment, combined with the net proceeds from the Institutional Placement, will enable Prairie to further accelerate the development of its Debiensko Hard Coking Coal Project and advance pre-construction engineering works at its Jan Karski Mine. Prairie and CD Capital will continue working together in partnership to de-risk and enhance the significant value of Prairie's world class coking coal assets as they progress rapidly through the next stages of project development. Prairie's CEO Ben Stoikovich commented: "CD Capital's additional investment in Prairie reaffirms the global significance of our Tier One coking coal assets in Poland. We are delighted with the continued support from our cornerstone investor who shares Prairie's vision to become Europe's next strategic coking coal supplier." The issue of the Notes are subject to shareholder approval and the Company expects to lodge a Notice of Meeting in the coming weeks.
someuwin
02/6/2017
09:30
Top Miner Sees ‘Huge Demand’ Boost from China’s New Silk Road by David Stringer ‎01‎ ‎June‎ ‎2017‎ * Projects to add about 150 million tons of steel demand: BHP * Producer says has lifted force majeure on Escondida copper China’s multi-billion dollar Belt and Road Initiative can deliver a major boost for commodities and will add about 150 million tons to global steel demand, according to BHP Billiton Ltd., the world’s largest miner. The “One Belt One Road” initiative promises “huge demand for resources, services and technology,” and is “an opportunity like no other,” Balhuizen said earlier in a speech. BHP gets about 43 percent of full-year revenue from China and a total of at least 68 percent from Asia, according to data compiled by Bloomberg. China’s plan, lauded by President Xi Jinping as a "project of the century," has the potential to generate about 120 million tons of crude steel demand, according to Citigroup Inc. Increased appetite from infrastructure will support steel even as there’s a slowdown in China’s housing sector, Templeton Emerging Markets Group Executive Chairman Mark Mobius said last month in an interview... https://www.bloomberg.com/news/articles/2017-06-01/top-miner-sees-huge-demand-boost-from-china-s-new-silk-road
someuwin
27/5/2017
09:44
Analyst Coverage Target price (Percentage gain from current 33p) Beaufort Securities £1.04 (315%) Cenkos Securities £1.23 (372%) Mirabaud £0.81 (245%) Tamesis Partners £1.10 (333%)
someuwin
26/5/2017
10:38
The Polish government is highly supportive. The Australian government is highly supportive. The Chinese government is highly supportive. "Prairie Mining and China Coal, the second largest coal mining company in China and one of the world's most advanced and prolific shaft sinking and total underground coal mine construction companies, have signed a landmark Strategic Co-operation Agreement to advance the financing and construction of Prairie's Jan Karski Mine in Poland." "Prairie's and CC5C's Strategic Co-operation Agreement demonstrates the increasing economic collaboration between Poland and China following China's proposed "One Belt, One Road" development strategy and highlights Poland's importance as a "One Belt Economy" for accessing key European markets."
someuwin
25/5/2017
10:12
I like the strong emphasis on the support from Polish authorities. Seems they are keen to get on with it
richie32
25/5/2017
10:01
Indeed Keya. These two mines are not just of national inportance but strategically important to Europe too. Everything's going to plan here for PDZ to be a multi-billion company in time.
someuwin
25/5/2017
09:25
One day peeps will wake up to the story here. They'll be paying an awful lot more by then though.
someuwin
25/5/2017
08:43
Beaufort Securities... Prairie Mining (PDZ.L, 33.00p) - Buy Prairie Mining announced this morning that its Deposit Development Plan (DDP) for its Jan Karski coking coal mine has received approval. This is a very significant step forward towards getting the mining licence and starting construction. In Poland a mining licence requires submission of the DDP, an Environmental and Social Impact Assessment, and a spatial development plan (rezoning of land for mining use). Prairie expects both environmental consent and its spatial plan to be approved in 2H17 which presumably will coincide or be shortly followed by a 50 year Mining Concession. Other news is that 45MW of power for the mine has been agreed with the Polish power utility and engineering works have started - Prairie has engaged SAG Group to design and permit the 10km power line required. Our view: We are pleasantly surprised by the DDP development and the progress made on all fronts at Jan Karski. But perhaps most important is the comments of regional governor of Lublin Province, Mr Krzysztof Grabczuk. He said "Not only will the new mine create thousands of new jobs, but also largely contribute to the economic development of the region. It is uncommon for a mining project to be as strongly supported by the local communities as this one is, hence it proves our understanding of the mining industry and recognition of its economic benefits. We are looking forward to seeing another profitable mine in our region, Jan Karski, build and run according to the best international standards." Local support for a mine is critical, especially so in Europe and other developed countries. Jan Karski now appears to be moving quickly towards the mine construction stage and we recommend buying the shares.
someuwin
25/5/2017
07:05
PRAIRIE MINING LIMITED NEWS RELEASE | 25 May 2017 DEPOSIT DEVELOPMENT PLAN APPROVED AS JAN KARSKI RECEIVES STRONG REGIONAL GOVERNMENT SUPPORT HIGHLIGHTS · Deposit Development Plan at Jan Karski approved by Lublin Regional Mining Authority, paving the way forward for a mining concession application · 2017 Jan Karski Mine Development Conference attended by the Australian Ambassador to Poland, the Vice Marshall of the Lublin province and representatives from the Polish Investment and Trade Agency and numerous other distinguished regional officials · Significant government support received at the Conference as regional authorities updated on Jan Karski's considerable progress to date · Conditions of power grid connection have been signed with national power utility PGE Dystrybucja S.A. which will provide the 45MW bulk supply required for full scale mine production · Development activities have commenced with the appointment of a leading contractor to design and supervise the bulk power supply connections for the project, including power lines and substations Prairie Mining Limited ("Prairie" or "Company") is pleased to announce it has achieved a significant permitting milestone following a positive decision to approve the Deposit Development Plan ("DDP") for the Jan Karski Mine ("Jan Karski" or "Project"), which now paves the way forward for the Company to submit a formal mining concession application. The Project received exceptionally strong support from regional authorities and local communities at the 2017 Jan Karski Mine Development Conference recently held in Lublin. The Conference received wide coverage in both local and national media, including major newspapers and television, and was attended by senior Polish and Australian officials including: · Mr Paul Wojeciechowski, Australian Ambassador to Poland · Mr Anthony Weymouth, Senior Trade Commissioner and Commercial Counsellor - Austrade · Mr Krzysztof Grabczuk, Vice Marshal of Lublin Province · Mr Tomasz Sonntag, Director of the Lubelskie Province Governor's Office · Mr Tomasz Szczepaniak, Vice Governor of Chelm Shire/County · Mr Waldemar Białowąs - Vice Governor of Świdnik Shire/County · Mr Łukasz Chrabański - Representative of the Polish Investment and Trade Agency ("PAIH"). Numerous community leaders from municipalities around the Jan Karski location also attended. Mr Paul Wojciechowski, Australian Ambassador to Poland also gave his strong support for Jan Karski and noted that Prairie has strong support from the Australian government: "I am immensely pleased to see at this Conference the continuous support of local communities and regional authorities for Prairie's Jan Karski project. As I hear, Prairie would be ready to commence the construction phase as soon as the mining concession is granted. The success of this investment will be proof for other foreign investors that projects of such scale are feasible in Poland. It also serves as a perfect example of the kind of high-quality foreign investment Deputy Prime Minister Morawiecki called for in his economic development plan for Poland. I am looking forward to Jan Karski being built, providing thousands of new jobs in the region and contributing to social and economic development of the Lublin Voivodeship. This project will continue to enjoy strong support of the Australian government, as it is one of the most important Australian investments in Poland." Regional politicians confirmed their support for Jan Karski, which will be located in Siedliszcze municipality in the Chelm Shire, and its potential to create a large number of jobs and bring significant economic benefits to the regional and national economy. In his speech, the Vice Marshal (regional Governor) of the Lublin Province, Mr Krzysztof Grabczuk, said: "The local government of Lublin Voivodeship has been supportive and will be supportive of Prairie's investment in the future. We realise how important Jan Karski is for our region. Not only will the new mine create thousands of new jobs, but also largely contribute to the economic development of the region. It is uncommon for a mining project to be as strongly supported by the local communities as this one is, hence it proves our understanding of the mining industry and recognition of its economic benefits. We are looking forward to seeing another profitable mine in our region, Jan Karski, build and run according to the best international standards." Permitting Milestone - Deposit Development Plan Prairie has achieved a significant permitting milestone following a positive decision to approve the Jan Karski DDP, which now paves the way forward for the Company to submit a formal mining concession application. The DDP is a mine technical-economic study which is prepared according to Polish government standards. The DDP has now been officially approved by the Lublin Regional Mining Office and will form part of the Company's mining concession application. Under Polish law a mining concession application comprises the submission of a DDP, an Environmental Social Impact Assessment and approval of a spatial development plan (rezoning of land for mining use). Prairie is expecting Environmental Consent and an approved spatial development plan during the second half of 2017. A granted mining concession will be valid for up to 50 years. Power Supply Prairie has now initiated works aimed at obtaining power grid connection for Jan Karski having obtained the appropriate network connection conditions from PGE Dystrybucja S.A. ("PGED"), a subsidiary of one of Poland's major state-owned power utility PGE Group, the largest power producer and supplier in Poland. Under the agreement, PGED has confirmed the conditions of connection to provide 45MW bulk power supply required for full scale mine production. Power supply will be made available in two phases; firstly, 20MW for the mine construction and shaft sinking phase, and then full mine power supply of 45MW for steady state production. The respective high voltage network power lines are in close proximity to the project and a strategic plan to expand the high-voltage power network across the region has already been adopted by relevant state authorities. To initiate the power line connections, Prairie has appointed SAG Elbud Gdansk S.A. ("SAG"), to design and complete all the permitting and engineering preparation for the connection and construction of a 10 km long 110kV power line from a nearby power substation to the Jan Karski Mine site. SAG is a Polish subsidiary of the SAG Group, one of Europe's leading service and system supplier for electrical power, gas and water networks, as well as installations for generating, providing and applying electricity. The SAG Group currently has over 8,000 employees across Europe in offices in Germany, France, Poland, Czech Republic, Slovakia, Hungary and the Netherlands. Prairie's CEO Ben Stoikovich commented: "I am delighted with the strong regional government and community support we continue to enjoy from the Lublin region. We have designed Jan Karski to be a modern world class mine that will create jobs and stimulate further economic development in the region. Jan Karski is one of the most significant Australian investments in Central Europe and we enjoy strong support from the Australian government. Prairie will continue to transfer valuable international know-how and implement globally proven mining technologies that will unlock the full potential of the Lublin Coal Basin. The approval of the Deposit Development Plan is an important step in the permitting process for Jan Karski and we now expect to be in a position to apply for a Mining Concession during the second half of the year. The power connection agreement with major Polish power utility PGE, and the appointment of SAG to commence power supply engineering works signals the initiation of development activities at Jan Karski. Following the cooperation agreement with China Coal and the latest CD Capital investment, combined with cash on hand and the net proceeds from the recently completed institutional placement, Prairie is in an excellent financial position to further accelerate development activities at Jan Karski and Debiensko."
someuwin
19/5/2017
17:48
Delighted to see that, someuwin. I had been thinking about adding yet more and this might just be the right time.
lord gnome
19/5/2017
12:38
Something's driving it up today!
someuwin
10/5/2017
10:59
Thanks bobbyshilling. If only I'd sold on the spike and bought back now, hindsight hey! back to sleep for me as I agree, patience required for longer term reward!
plentymorefish
10/5/2017
10:55
Yes. The Jan Karski mine still awaits the bankable feasibility study later this year, and there is still work to do at Debiensko, plus funding to be finalised. Although the company are aiming for near term production, time - wise many investors move on until everything is in place, even though a higher share price might have to be paid. However the future of PDZ could be very good indeed if everything comes to fruition; it's a question of patience I think - just my own thoughts.
bobbyshilling
10/5/2017
10:24
Pulled back quite a bit.....any thoughts?
plentymorefish
18/4/2017
07:11
18 April 2017 PRAIRIE MINING LIMITED NEWS RELEASE | 18 April 2017 ADDITIONAL FUNDING FROM CORNERSTONE INVESTOR TO ACCELERATE PRAIRIE'S TIER ONE PREMIUM COAL PROJECTS HIGHLIGHTS -- CD Capital to continue its support of Prairie through a further investment of A$2.0m in the form of non-redeemable, non-interest bearing Convertible Loan Notes -- Investment follows the recent successful placement by Prairie of A$5.2m to high quality UK based institutional investors -- Subject to Shareholder approval, the Notes issued will satisfy CD Capital's investment mandate, and will be exchangeable for ordinary shares of Prairie at A$0.46 (28 pence) per share representing the same price of the recently completed successful placement of ordinary shares to UK institutional investors -- Proceeds from CD Capital's investment in addition to the Institutional Placement will enable Prairie to accelerate the development of its Debiensko Hard Coking Coal Project and advance pre-construction engineering works at its Jan Karski Mine -- Notes will be issued by way of a private placement by PDZ Holdings Pty Ltd - a wholly owned subsidiary of Prairie which indirectly holds the Company's Tier One Coking Coal Projects -- Based on the current share capital, conversion of all of CD Capital's Notes would result in CD Capital maintaining approximately a 23% shareholding in Prairie, and the additional exercise of CD Capital's options would increase CD Capital's holding by a further 7% Prairie Mining Limited ("Prairie" or "Company") is pleased to announce that it has agreed terms for further investment from its cornerstone investor CD Capital Natural Resources Fund III LP ("CD Capital") subject to shareholder approval and completion of final formal documentation. The investment will take the form of a private placement by PDZ Holdings Pty Ltd ("PDZ Holdings") (a wholly-owned subsidiary of Prairie which indirectly holds the Jan Karski Mine ("Jan Karski") and the Debiensko Hard Coking Coal Project ("Debiensko")) of non-redeemable, non-interest bearing convertible loan notes ("Notes") for an aggregate principal amount of A$2.0 million. The Notes can be exchanged into ordinary shares of the Company at A$0.46 per share representing the price of the recent successful placing of ordinary shares to high quality UK institutional investors completed in April 2017 ("Institutional Placement"). The proceeds from CD Capital's investment, combined with the net proceeds from the Institutional Placement, will enable Prairie to further accelerate the development of its Debiensko Hard Coking Coal Project and advance pre-construction engineering works at its Jan Karski Mine. Prairie and CD Capital will continue working together in partnership to de-risk and enhance the significant value of Prairie's world class coking coal assets as they progress rapidly through the next stages of project development. Prairie's CEO Ben Stoikovich commented: "Following on from our recent successful placing to a number of high quality UK based institutional investors, CD Capital's increased investment in Prairie reaffirms the global significance of our Tier One coking coal assets in Poland. We are delighted with the continued support from our cornerstone investor who shares Prairie's vision to become Europe's next strategic coking coal supplier." CD Capital's Founder & CIO Carmel Daniele said: "We are excited about the ongoing material achievements in the development of Prairie's world class coking coal projects. We look forward to continuing to work in partnership with Prairie's experienced management team as Prairie continues to develop Jan Karski and Debiensko into two of the lowest cost coking coal mines in the heart of Europe's steel industry." ABOUT CD CAPITAL CD Capital is an established and UK FCA registered fund manager with a specific focus on the mining sector. The strong experienced team of CD Capital currently manages three private equity investment funds with assets under management of over US$600 million. This investment is the first by the group's newest fund - CD Capital Natural Resources Fund III LP. As evident from the quality of this investment, CD Capital continues to achieve its mandate of partnering with leading mining entrepreneurs and strongly-aligned management teams to build world class mining projects from the highest quality pipeline.
someuwin
13/4/2017
12:03
Doesn't take much to move the price on this one
nickg2
30/3/2017
09:44
Good article on PDZ in today's Shares mag.
someuwin
29/3/2017
15:04
Good move LG.
someuwin
29/3/2017
14:46
Would indeed be good to see institutions buying at 35p - like what I had to do this morning. I've got some extra shares, but missed the best price. Decided to bite the bullet and not wait for next year's ISA.
lord gnome
29/3/2017
13:38
...Yes. As the RNS points out, they were limited in how much stock they could place. So if the instis want more they'll have to stump up in the market - just like we have to.
someuwin
29/3/2017
13:24
someuwin, agree. Good to see it is UK institutions picking these up. May create more awareness here, hope they buy in the market also
keya5000
29/3/2017
13:12
Up over 11% on the Warsaw exchange now. I guess they have a better feel for how big these Polish projects are.
someuwin
29/3/2017
12:14
Can't buy many online
someuwin
29/3/2017
11:46
Yup - great to get UK insti support. Together with the previously anounced Chinese support for their Jan Karski mine. Either one of their two coking coal projects is worth more than the current price imo. "..Prairie Mining and China Coal, the second largest coal mining company in China and one of the world's most advanced and prolific shaft sinking and total underground coal mine construction companies, have signed a landmark Strategic Co-operation Agreement to advance the financing and construction of Prairie's Jan Karski Mine in Poland. Under the terms of the agreement, China Coal and Prairie intend to complete a Bankable Feasibility Study by mid-2017, which will provide the basis for an EPC contract and a construction-funding package for the Jan Karski Mine. HIGHLIGHTS: -- China Coal No.5 Construction Company Ltd. ("CC5C") and Prairie intend to enter into a full "wrap-around" Engineering, Procurement, Construction ("EPC") contract which will see CC5C construct the Jan Karski Mine ("JKM" or "Project") and procure a debt financing package to fund the development of the JKM -- CC5C and Prairie, together with the Chinese Government's authorised mine design institute, intend to complete a Bankable Feasibility Study by mid-2017 which will form the basis for Chinese bank credit approval -- A senior delegation from CC5C recently conducted a site visit to the JKM that included meetings with regional officials and potential Polish sub-contractors and suppliers -- Prairie will work with a range of Polish mining and engineering specialists, alongside CC5C, to ensure all design and construction conforms to Polish regulations and safety standards -- Prairie's and CC5C's Strategic Co-operation Agreement demonstrates the increasing economic collaboration between Poland and China following China's proposed "One Belt, One Road" development strategy and highlights Poland's importance as a "One Belt Economy" for accessing key European markets -- CC5C has been serving the mining industry for 40 years and accounts for 40% of the Chinese market share for coal mine construction, having completed 340 projects in China and overseas including sinking more than 300 major shafts. This agreement fits with CC5C's strategy of increasing its international presence as a major project contractor -- As the leading underground mining contractor in China, CC5C holds unparalleled expertise in disciplines central to development of the JKM including, shaft sinking, drilling, freezing and overall mine development and installation -- CC5C's parent company China Coal, is the second largest coal producer in China with total assets of US$50bn and 110,000 employees across 53 subsidiaries. In 2015, China Coal produced 166Mt of coal across 46 open pit and underground coal mines"
someuwin
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