Prairie Mining Share Discussion Threads

[adorling] 15/11/2017 20:02

I came on board today with an £8k Investment after listening to the Vox Markets podcast and researching the numbers myself. Significantly undervalued.

[kenwrong] 15/11/2017 18:33

One of the most advanced in the northern hemisphere. Both Jan Karski and Debinski mines have NPV of $3.3bn and initial mine lives of 26 and 24 years. Alan Green on podcasts says the 726 million tons on Jan Karski and 210 million tons on Debinski, with average price per ton of $200. thats a lot of coking coal. At 33p worth just £52m this is looking like small cap bargain of the year. The podcasts are here hxxp://www.branduk.net/pir-multichannel/prairie-mining-pdz/

[sportbilly1976] 19/9/2017 11:45

thanks for the podcast....very interesting to listen to. Funds permitting I may well top up I think at current level before news anticipated end Sept/early Oct

[richie32] 18/9/2017 11:25

Second that thanks to someuwin.

Ben Stoikovich very positive as always

[plentymorefish] 14/9/2017 15:33

thanks someuwin

[someuwin] 14/9/2017 15:17

Vox Markets Podcast‏ @VoxPodcast · 22m22 minutes ago

On the @VOXmarkets podcast, Ben Stoikovich of Prairie Mining #PDZ on their coking coal operations in Poland>

[sportbilly1976] 13/9/2017 21:20

Two more 175k trades shown after the close...almost 3 million now this week

[sportbilly1976] 13/9/2017 13:18

Another significant trade (650k) - one holding transferring across to another?

[sportbilly1976] 12/9/2017 12:55

Matched trades - 200k and 500k at 35p?

[happyholder123] 09/9/2017 10:14

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

[joemillion] 08/9/2017 22:40

Looking like a breakout today?

[keya5000] 08/9/2017 15:24

Nice move lately, volume today impressive.

[sportbilly1976] 08/9/2017 15:16

500k rollover?

It could pop up on some volume alerts now as it's almost the highest in the past 12 months now

[lord gnome] 06/9/2017 12:10

I see that Prairie are presenting at the Shares Mag Investor evening event in Edinburgh on 21st September. Good to see them indulging in a bit of marketing and self-promotion.

[sportbilly1976] 05/9/2017 14:48

The full note is a good read, I've taken an initial position here today

Further newsflow to come may well result in one of the majors taking a closer look at PDZ which could assist with general share price appreciation as news gets released and PDZ appears on a few more investors' radars

[sportbilly1976] 05/9/2017 10:31

From the Align research note:

"Discounting forecast cash flows from the two planned coking coal mines and assigning what we consider to be highly conservative risk factors gives a target price of 118p. We thus initiate coverage of Prairie Mining with a Conviction buy stance."

[richie32] 22/8/2017 10:48

Surprised it is not higher (how many times have I heard that?)

[someuwin] 22/8/2017 09:55

So China Coal will complete the Bankable Feasability Study in September.

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 will be arranging financing and construction of Prairie's Jan Karski Mine.

[someuwin] 22/8/2017 08:46

22 August 2017

PRAIRIE MINING LIMITED

NEWS RELEASE | 22 August 2017

APPROVAL OF SPATIAL DEVELOPMENT PLAN RECEIVED
-- Prairie receives spatial development plan approval for the Jan Karski Mine site

-- Poland's Ministry of Agriculture approves rezoning of 56 hectares of agricultural land for industrial use to allow for construction of a mine site, shafts and associated surface infrastructure

-- Jan Karski is now one of the most advanced new large scale coking coal projects in the Northern Hemisphere

-- Prairie notes the current strong coking coal price environment with spot market prices for hard coking coal remaining at US$200/t; semi-soft coking coal prices at USD105/t and benchmark for high volatile semi-soft coking coal at USD140/t

-- Prairie continues to advance its two World Class coking coal projects in Poland alongside partners and investors including China Coal and CD Capital

Prairie Mining Limited ("Prairie" or "Company") is pleased to announce the formal approval of the spatial development plan (rezoning) for its 100% owned high value ultra-low ash semi-soft coking coal ("SSCC") Jan Karski Mine in the Lublin Province, south east Poland ("Jan Karski" or "Project").

Prairie's Chief Executive Officer Ben Stoikovich commented:

"With approval of the spatial development plan we have
taken a major step forward towards applying
for a Mining Concession in order to build the Jan Karski
Mine together with our strategic partner China
Coal, and ultimately unlock significant value for all
stakeholders. We continue to enjoy strong support
from the community, local Municipalities and the Regional
Government.
Jan Karski is now one of the most advanced coking coal
projects of significant scale in the Northern
Hemisphere and its development will provide substantial
economic and social benefits for Eastern Poland.
We now look forward to submitting the ESIA for formal
Environmental Consent and our Mining
Concession application in due course."
-----------------------------------------------------------


SPATIAL PLANNING (REZONING) APPROVAL FOR JAN KARSKI

Following completion of community consultation and submission by Prairie of all applications required to change the local spatial development plan to effect the rezoning of land for mining use, the Gmina (Municipality) of Siedliszcze has officially adopted a new spatial development plan that will allow for the construction of the Jan Karski Mine site in the location of Kulik.

The Resolution of the Town Council of Siedliszcze on "adoption of zoning plan for stage I No. XXIX/250/17" was passed completing yet another significant milestone towards Prairie obtaining a Mining Concession for Jan Karski.

The spatial planning approval process was conducted in parallel with approval by Poland's Ministry of Agriculture for the rezoning of 56 hectares of agricultural land to be designated for industrial (mining) purposes. This 56 hectares is in the Kulik area where the Jan Karski mine shafts and major surface facilities will be located, as per the approved Jan Karski Deposit Development Plan and the ongoing China Coal Bankable Feasibility Study.

This follows the achievement by Prairie of another significant permitting milestone following official approval by the Lublin Regional Mining Authority of the Jan Karski Deposit Development Plan ("DDP") in May 2017 (refer to ASX announcement dated 25 May 2017).

Prairie remains on track to have its full application for a Mining Concession submitted for Jan Karski in the coming months. In Poland, a Mining Concession application comprises the approval of a DDP, a spatial development plan (rezoning of land for mining use), and an Environmental Social Impact Assessment ("ESIA") in the form of an Environmental Consent decision. Jan Karski's DDP and Spatial Development Plan have now been officially approved.

Furthermore, Prairie has substantially completed the ESIA for Jan Karski and is expecting to make a formal submission to regional authorities for Environmental Consent in the coming weeks. Granting of the Environmental Consent will fulfil all of the regulatory prerequisites for the Company to submit a formal Mining Concession application.

STRONG Coking Coal Environment

Prairie notes the current strong coking coal price environment with spot market prices for hard coking coal FOB Australia remaining at around US$200/t. The strength in coking coal prices has been attributed to strong cash margins of Chinese steel mills currently well above US$100/t compared to the previous 5-year average of US$25/t, production cuts by some Chinese miners, and production disruptions in Australia which have recently included South32 calling force majeure at its Illawarra Coal operations and ongoing labour issues at Glencore's Oaky North mine.

Semi-soft Coking Coal

SSCC prices FOB Australia remain at US$105/t and FOB USA benchmark for high volatile SSCC remains at US$140/t.

The ultra-low ash content of Jan Karski's SSCC increases the coals value-in-use to steel and coke makers, making the product highly saleable in both the domestic European and international markets. One of the key outcomes of utilising ultra-low ash coking coal to produce coke is the resulting decreased fuel rate. This has a key environmental benefit for steel makers that results in a reduction in CO2 emissions per tonne of hot metal produced.

As Prairie announced in May 2017, following a benchmarking exercise by independent specialists, the high value ultra-low ash SSCC product from Jan Karski is expected to achieve a 10% premium above the FOB Newcastle benchmark SSCC price. The standardized reference benchmark is Rio Tinto "Hunter Valley" brand SSCC FOB Newcastle.

As China Coal looks to complete a Chinese Bankable Feasibility Study for the Jan Karski Mine in September, Prairie is further developing a coal marketing strategy by ongoing identification and evaluation of potential offtakers for Jan Karski's high value ultra-low ash SSCC product.

To view this announcement in full including all illustrations and figures please refer to www.pdz.com.au.

[plentymorefish] 18/8/2017 08:54

Inching our way back to the 30's....:)

[lord gnome] 09/8/2017 09:05

Looks like you picked the bottom - so to speak. Nice one.

[plentymorefish] 09/8/2017 08:58

nice to see the share price recovering a little perhaps my top up was well timed (for once)!

[lord gnome] 08/8/2017 08:32

Ahh, thank you someuwin. I only read the headlines / bullet points of the RNS. Off out to play golf so I'll give it my full attention on my return.

[someuwin] 08/8/2017 07:50

Read the full RNS, Details are there.

Seems like his comments have no factual basis - but it does explain the recent share price weakness.

All seems ok.