Prairie Mining Share Discussion Threads

[sja123] 08/11/2016 13:17

Coal prices soar to $300 a tonne

[keya5000] 08/11/2016 08:12

Tiny volume to drop it on there.

Flat in Australia overnight.

[someuwin] 07/11/2016 23:16

Yup - looks like all time high vol today.

[keya5000] 07/11/2016 14:01

Looking good.

Record volume for the LSE quite likely today and an all time closing high would also be nice.

[blueball] 07/11/2016 13:13

Small top up for me just now...looking for 50p by xmas.

[someuwin] 07/11/2016 13:12

"Chinese coking coal futures are going nuts, jumping 10% to the highest level on record

Nov 7, 2016, 4:38 PM

Chinese coking coal futures exploded higher on Monday, surging 10%, the maximum daily amount allowed based on market rules, meaning the only thing preventing further gains is that they’re not permitted.

The January 2017 contract on the Dalian Commodities Exchange is currently up 9.83% at 1,514 yuan, just shy of all-time record high of 1,516 yuan which was struck earlier in the session..."

[someuwin] 07/11/2016 13:10

It's important to realise that these projects are not for thermal coal which is used for power generation but is considered dirty and is being phased out in Europe. But instead PDZ will be producing coking coal which is vital for the production of steel and is in high demand.

[keya5000] 07/11/2016 12:58

Oh and £100m would not be treble that would be £120m+.

I see value here, if others do not so be it, buy other shares

[keya5000] 07/11/2016 12:57

An appreciation of the mcap to reflect the assets.

It is a common valuation perspective to look at c30%NPV for an advanced project to be reflected in the market cap.

At £100m it would still be at roughly 10% of the NPV of Lublin, given the JV with CC this gap mcap to NPV will close up.

These things do not happen over night and I am talking about a period of 2-3 months i.e. shortly but I expect that will happen.

The value of Debiensko is also at zero in that calculation.

Hope that helps.

[divmad] 07/11/2016 12:47

What key corporate events are you looking for , for the share price to treble "very shortly"?

[keya5000] 07/11/2016 11:20

Agree this is a £100m+ mcap company very shortly,

[csmwssk12hu] 07/11/2016 08:57

Another good start to the day, still don't think we've even start to get to grips with how big this is

[sigora] 07/11/2016 08:35

keya keep up the great work your research over last couple of weeks has been nothing less then outstanding I for one really appreciate it your hard work, hope we all make huge amounts on here

[blueball] 07/11/2016 08:31

Thanks keya I had a look at this last week but didn't buy.

Thanks for all the info which helps me decide to buy.

[keya5000] 07/11/2016 08:29

Welcome Blueball. Lets hope we are in for a good ride for the next few months.

We have momentum and a nice developing asset base.

[blueball] 07/11/2016 08:26

Nice chart here guys I'm in for a few today.

[keya5000] 07/11/2016 07:22

Up 10% in Australia.

Good start to the week.

[keya5000] 06/11/2016 21:53

Some look at the chart and think the rise is too much to soon, I look at the value and think it's not even started.

However on a technical basis the chart is very well set up, very well indeed.






Barchart Technical Opinion
STRONG BUY
The Barchart Technical Opinion rating is a 100% Buy and ranks in the Top 1% of all short term signal directions.

Longer term, the trend strength is Maximum. Long term indicators fully support a continuation of the trend.

[keya5000] 06/11/2016 21:46

Well that's fair enough, lot of drivers in that rise though.

Before it moved it was valued at cash.

Only moving to value mind which is a lot higher.

Reasons to invest;

1--Contract with the 2nd largest coal mining company in the world (China Coal) to develop Jan Karski. BFS and financing to be completed by CC mid 2017. CC will then build the mine. Project likely $600m.
2--PFS shows EBITDA of $320mpa. That's with coal at 50% less than current price.
3--Jan Karski lowest lifting costs at $25 than almost any other1st world coal mine.
4--Twenty four year mine life c£950m NPV Jan Karski likely higher now with coal price and partner.
5--Debiensko forecast to produce 2mtpa of 2/3 hard coking coal at the premium top price.
6--Massive support of Polish authorities in what is a very safe mine friendly jurisdiction.
7--Location within 250km of 2/3 of all European steel mills.
8--Railheads and infrastructure in place.
9--Cash of £9m should be enough with China Coal to get them past BFS.
10--Full FTSE listing.
11--Mcap £37m. 4% of NPV. Crazy discount for such advanced stage.
12--Perfect for small cap funds looking at FTSE plays.
13--experienced mining team and board.
14--Near term smaller production at Debiensko.
15--Coking coal price flying and hottest raw commodity in 2016.
16 Assets and resource is in place. C400mt of marketable coal

[divmad] 06/11/2016 21:40

I think some folk are put off by the vertical climb in share price in the last 3 weeks.

[keya5000] 06/11/2016 21:09

Medium Term Indicators
40 Day Commodity Channel Index BUY
50 Day Moving Average vs Price BUY
20 – 100 Day MACD Oscillator BUY
50 Day Parabolic Time/Price BUY
50 – Day Average Volume: 73,482 Average: 100% BUY
Long Term Indicators
60 Day Commodity Channel Index BUY
100 Day Moving Average vs Price BUY
50 – 100 Day MACD Oscillator BUY
100 – Day Average Volume: 40,774 Average: 100% BUY

[csmwssk12hu] 06/11/2016 00:35

Nice 8% increase in a day, do that for 6 days on the trot and will be very nice, still too cheap imho