Prairie Mining Share Discussion Threads

[cottoner] 11/1/2018 08:30

Recent interview 9/1/18.

Worth a listen.

Prairie Mining aims to bring cheap coking coal to European steel producers

[maverick247] 10/1/2018 19:34

Boom!https://m.economictimes.com/industry/indl-goods/svs/metals-mining/cil-looking-to-buy-stakes-in-overseas-coking-coal-mines/amp_articleshow/62179510.cms

[maverick247] 08/1/2018 13:15

Yep the penny will drop soon - Europe currently import 80% of their coking coal !

[someuwin] 08/1/2018 13:13

This WILL be huge.

They have TWO world class coking coal (vital for steel production) projects.

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."

[richie32] 08/1/2018 12:30

In demand. Coking coal looks a good bet these days. GLA

[maverick247] 04/1/2018 22:33

Think this willgo on a run soon mcap a mere 2% of combined project npv's

[fillipe] 04/1/2018 15:36

Getting some recognition now, but still a long way to rise.

f

[cottoner] 30/12/2017 23:49

Small cap stocks to watch in 2018




PDZ from 3mins in.


Next on his ‘ones to watch’ is Prairie Mining Ltd (ASX:PDZ).

”They’ve got two key coking coal projects – the flagship of which has been referred to by many in the industry as the most advanced coking coal project in the northern hemisphere, which is quite an accolade when you consider the other mines that are around”.

”Coking coal is a critical mineral … it’s vital for the production of steel and as we know the infrastructure throughout Europe and the UK will require a lot of steel in future – plus we have the burgeoning electric vehicle industry too”.

[cottoner] 20/12/2017 19:34

Coking coal in demand.

CIL looking to buy stakes in overseas coking coal mines

The government today said state-owned Coal IndiaBSE 0.75 % is hunting potential avenues for buying stakes in coking coal blocks overseas.

In a written reply to Lok Sabha, Coal Minister Piyush Goyal said, "CIL (Coal India) is pursuing available opportunities for buying equity stakes in coking coal mines abroad."

He said though the CIL Board had last year advised the company to explore the opportunities of acquiring coal assets overseas, very few prospective blocks in foreign nations have come up for sale.

[guyswonga74] 20/12/2017 07:31

Should be at 50p minimum not a paltry 33.5p to buy as it is now

[adorling] 20/12/2017 06:38

Guyswonga - are you able to post the research note?

[guyswonga74] 20/12/2017 06:17

Bough 6 grans worth yesterday morning at 32p. It was NT to buy. Had been trying for 20 mins to get in, great research note yesterday and significantly undervalued

[lord gnome] 19/12/2017 20:30

I have a holding in APF and picked up this interesting snippet posted by Stevie Blunder on the APF thread.



Steelmaking coal (premium hard-coking coal FOB Australia) was pegged at $243.90 a tonne up 1.4% compared to Friday, a near eight-month high. Coking coal has surged 37% in value since the beginning of November and is averaging $185.70 in 2017, a more than $40 gain compared to the average price last year.

[lord gnome] 19/12/2017 20:29

I have a holding in APF and picked up this interesting snippet posted by Stevie Blunder on the APF thread.



Steelmaking coal (premium hard-coking coal FOB Australia) was pegged at $243.90 a tonne up 1.4% compared to Friday, a near eight-month high. Coking coal has surged 37% in value since the beginning of November and is averaging $185.70 in 2017, a more than $40 gain compared to the average price last year.

[lord gnome] 19/12/2017 17:02

A flurry of buying today. Almost a pity as I have been adding to my position at these lovely low levels. I wouldn't mind a few more and I don't want to pay too much.

[kenwrong] 19/12/2017 14:33

This is on the Brand and Beaufort website,

Prairie Mining recently published an update describing the coking coal macro in Europe and Poland. The release focused on the European Commission’s 2017 critical materials list, the global lack of new coking coal projects, and the Polish government’s support for new modern coal mines. We also note how the new Polish Prime Minister is pushing the Polish-Chinese business agenda, which will benefit Prairie Mining.

Mateusz Morawiecki recently became Prime Minister and he strongly supports Chinese investment into Poland. Amongst other things, he has recently said “to encourage Chinese companies to invest more capital in our country” and “Poland wants to actively participate in the One Belt, One Road project”.

This agenda fits perfectly with Prairie’s strategy of having China Coal construct Jan Karski using low-cost Chinese debt. And we believe support from the new Polish Prime Minister will ensure Jan Karski reaches the point of being fully permitted and funded. As with all major industrial projects, top level government support is essential.

Prairie Mining shares have underperformed our expectations in 2H17 (the shares increased 50% in 1H17). The lack of buying could be due to negative general media surrounding coal. However, Prairie is a coking coal not thermal coal company and has strong political and European macro support . We anticipate 2018 being a good year for Prairie shares and reiterate our BUY recommendation and 90p price target.

[plentymorefish] 19/12/2017 14:01

Looking a bit perky today!

[maverick247] 19/12/2017 12:26

Its time for this to move i think ! Ive been sitting v patiently waiting for the herd!

[joemillion] 19/12/2017 12:19

Nice chunky 170k share purchase this morning so someone is confident.

[paleje] 04/12/2017 09:57

These guys gave a presentation Friday at a Sharetalk event, I was there, not for them but interesting nonetheless. Sapan Ghai gave the talk, very positive as you'd expect but they need to raise a lot of money and reliant on deal with China Coal coming to fruition in the new year, I got the gist. They screened some analyst targets one of which was a 'conviction buy' with a target more than 3x the current share price

Anyone know if the directors have much skin in the game, I can't find detail on their website, TIA anyone.

[kenwrong] 24/11/2017 08:58

This is by Darran Malone on Brand UK and Vox Markets, Investor confidence in Poland’s coal mining industry is on the up again due to strong international prices for coking coal and strong steel demand. Prairie Mining (PDZ) is developing two mines – the Debiensko and Jan Karski . . .Prairie also has a huge logistic advantage compared to imported coking coal from the US and Australia hxxp://www.branduk.net/strong-outlook-for-polands-new-coking-coal-mines-inside-coal-by-ihs-energy/

[adorling] 22/11/2017 15:45

Hi Mav, just the same strategy as ARS, HZM and TLOU. Start scaling in low and build as the story gets better. Some great "quality" plays on AIM in the mining, gas and coal sector. Did not even know that coking coal was on the EU critical supply list and with steel alone set to grow by 8% per annum those furnace need firing up!

[maverick247] 17/11/2017 13:58

This is completely under radar ive been building here ready for volume !

[maverick247] 16/11/2017 09:45

Haha v funny to see you here adorling ive just bought in myself! Thats ARS HZM and now PDZ between us!