Prairie Mining Share Discussion Threads

[plentymorefish] 17/9/2019 11:08

I see it was up another 9% on the ASX overnight. Another 2 months of daily 4-8% rises and I may even get back in profit!...;)

[plentymorefish] 17/9/2019 08:27

16p to sell in volume but can't get a live quote to buy for even a few thousand.....looks like another 'up' day

[plentymorefish] 16/9/2019 14:29

Perhaps the end game is finally coming.....but I won't hold my breath!...;)

[lord gnome] 16/9/2019 14:20

I take this as a positive. Hopefully a deal is cooking. The market will get wind of it a long time before we hear any news.

[plentymorefish] 16/9/2019 14:17

Actual live prices are 15.6 v 16.5

[lord gnome] 16/9/2019 14:16

Couple of small trades now showing. Can't even buy 10k shares on line. No electronic quotes to buy but if you are selling they will take every share you have off your hands.

[plentymorefish] 16/9/2019 14:15

Any ideas why such a mark up on pathetic (reported) volumes of 21,217 shares all day?...

[plentymorefish] 16/9/2019 14:12

And again...

[lord gnome] 16/9/2019 08:53

Marked up on no trades again.

[plentymorefish] 16/9/2019 08:41

14.7 v 15.8 live prices.....good start to the week, long may it continue!

[plentymorefish] 12/9/2019 07:16

Up nicely in Aus too....

[lord gnome] 11/9/2019 15:24

No shares available to buy online. Buying is only 'at best'.

[lord gnome] 11/9/2019 15:17

Last couple of upticks on no trades unless they are going to be declared late. Curious, but this is the month to expect action on a deal with the Polish government.

[plentymorefish] 11/9/2019 14:57

Looking a bit perky today....

[lord gnome] 30/8/2019 10:53

You have the satisfaction of knowing that you moved the share price. ?

[plentymorefish] 30/8/2019 10:47

Had to graft just to pick up 25000!.....

[profit7] 27/8/2019 15:56

Screaming "buy"

What a opportunity of a lifetime, could significantly change lifestyle when the billions comes pdz way

[lord gnome] 24/8/2019 09:51

Thanks to our friends down under on the Hot Copper web site, I picked up this article from the polish website biznesalert.pl The article is dated 22 August. Translation by google.

Baca-Pogorzelska: Black clouds from Australia. Will Poland be threatened with billions of penalties?

Tobiszowski about Prairie Mining projects. They can open the way for Bogdanka and JSW

Disturbing news is coming from London. Prairie Mining lost her patience and is preparing a lawsuit for September after a yellow card at the beginning of the year in the case of arbitration against Poland. She already has a hedge fund and she will be represented by the experienced Lalive law firm - writes Karolina Baca-Pogorzelska from Dziennik Gazeta Prawna.

According to my interlocutors, Australians no longer want to wait idly for settlements, because their talks about taking over the Jan Karski and Dębieńsko projects with Jastrzębska Spółka Węglowa lasted a very long time. In fact, before the local elections, Beata Mazurek herself promised her Chełm Land that a mine would be built here and JSW would open a branch in Chełm (greater tax revenues). In fact, everything was done up to the last button. Of course, I do not know how much JSW would buy it, but I know that without Dębieńska, coal production growth to 18 million tons per year (including 80% coke, steel production base) assumed in its strategy until 2030 is simply impossible without development in Dębieńska, where you can actually enter "already" from the side of the Knurów-Szczygłowice mine, on which JSW spent almost PLN 1.5 billion from Kompania Węglowa.

In February this year I wrote in DGP that Australians have already lost their patience and filed a lawsuit. However, they gave Poland one last chance, cooling off period, which is three months to think over the matter. They passed in May. As Piotr Stępiński, journalist of BiznesAlert.pl rightly noted on Twitter, the transaction was supposed to be completed in May at the Katowice European Economic Congress. Everyone was pleased, even - unofficially - Bogdanka, who after the expiration of some rights to the disputed deposit, immediately granted a concession to them (the court blocked the case). Bogdanka and JSW are controlled by the state, they got along more or less: Bogdanka from Jan Karski will take what is energetic, and JSW will take what is coke. And Prairie would go away glad he got rid of the trouble.

Unfortunately, it was too beautiful. There is really little time left, certainly less than a month. That is why I keep my fingers crossed for the declarations of the deputy energy minister Adam Gawęda responsible for mining, who says that a road map is being created for these projects. Minister, let her create herself. If Australians turn off their famous "no worries", they may demand several billion zlotys from Poland under international arbitration based on BIT (bilateral agreements on mutual investment protection). And we have a little trouble in arbitration due to unfortunate decisions related to windmills?

[lord gnome] 23/8/2019 22:38

Funny nttg. I must have missed the RNS announcing that holding. There is no mention of PDZ in the link you provide. Is someone ramping again?

[profit7] 23/8/2019 16:44

Bought today,
This is transformational news.
Billions coming pdz way.
Next week should be interesting

[newtothisgame3] 23/8/2019 08:50

BILLIONS COMING OUR WAYToday 08:49
TOP AIM STOCKS
?

@smallcappick
21s22 seconds ago
More
#PDZ BILLIONS COMING OUR WAY I DID SAY BUT GOVERNMENT HAS DONE A U-TURN EXPECTING TAKEOVER NEWS IN DAYS She already has a hedge fund BACKING - HOT OFF THE PRESS

TOP AIM STOCKS
?

@smallcappick
38m38 minutes ago
More
#PDZ JPMORGAN CHASE & CO. DISCLOSES A 5.30 PCT STAKE IN #PRAIRIE #MINING LTD

[newtothisgame3] 21/8/2019 21:16

#PDZ There are voices that JSW is even getting along with Prairie, the case is awaiting the Ministry of Energy's decision.

[newtothisgame3] 21/8/2019 11:08

Buyers moving in and heres why

[lord gnome] 21/8/2019 08:46

By the way, if anyone wants a few, there's loads of stock available in London. Just tried a dummy buy online for 60,000. Immediate quote at 13.69p. Feel free to fill your boots!

[lord gnome] 21/8/2019 08:45

Translation of an article that appeared on Forsal, a Polish mining news website on 19 August. This is a direct contradiction of the Prairie statement in their last update.

Deputy Minister of Energy Adam Gawęda estimates that the potential acquisition of the concession and assets of Prairie Mining by Jastrzębska Spółka Węglowa requires the development of such a "road map" in this respect, which will protect the interests of JSW and the Treasury.
JSW has been conducting talks with the Australian company Prairie Mining for many months about the potential takeover of its mining projects: Dębieńsko in Silesia and Jan Karski in the Lublin region. Deputy Minister Gawęda assured on Monday in Katowice that the new JSW management is continuing these talks. However, as he said, "the concept of legal packaging is needed so that it would be beneficial for JSW and the Treasury."

"Talks are being continued in the area of ​​preparing an overall plan in such a way as to protect the interest of the Treasury and the interest of the company (...). A study must be created that will be a road map for entering these concessions, taking over assets - but in such a way that mainly to protect the interests of the Treasury and JSW, "the deputy minister told reporters.

He reminded that in the case of the Dębieńsko project it is a mining license, and in the case of Jan Karski - an exploration license, which is also important for the model of potential takeover of these licenses by JSW. "These are two different models of acquisition or entry into Prairie Mining assets," said the deputy minister.

In May this year the court lifted the security of the Australian Prairie Mining claim in the form of a ban on the Minister of the Environment from issuing concessions to other investors on the site of the Jan Karski mine planned by Australians, in the vicinity of the Bogdanka mine. Representatives of Prairie Mining announced at the time that they would continue to work for "claiming their rights" in this matter. At the same time, talks are taking place between the Australian company and JSW.

As he said in spring this year. the then president of JSW Daniel Ozon, "a potentially interesting option" for this company would not only be the acquisition of Polish assets of Prairie Mining, but also the acquisition of control over the Australian company by acquiring a majority stake in its shares. In May this year Ozone, who was dismissed from JSW's chairman on June 11, reported that "the intention of both parties is to continue negotiations in the coming months, in particular regarding the potential transaction structure and business conditions of cooperation or transactions." It was also - as the then president of JSW said - about adapting the Dębieńsko and Jan Karski projects to the JSW concept and maximizing potential synergies.

"We have extended talks with Prairie regarding the possibility of taking control of the projects that Prairie has in Poland. Legal and financial advisors are still working here. We are also talking with our supervisory board and supervisory bodies about the structure of this transaction and approvals," he said in May this year. . Ozone. Currently, Jastrzębska Spółka Węglowa is managed by Włodzimierz Hereźniak.

Last year, Prairie Mining sued the Ministry of the Environment for not extending the exclusive right to apply for a mining license at the planned Jan Karski mine. The court then forbade the granting of concessions to another entity until the end of the proceedings. Then, this security of the claim was withdrawn by the court of appeal, which may open to other companies, including neighboring Bogdanka, the opportunity to apply for a license for this deposit.