UK Coal Share Discussion Threads

[crosswire] 16/5/2012 18:23

spob 5 Jul'06 - 15:59

Can you please put a decent 2 year share price graph on the heading?

Ta
cw

[999rp] 15/5/2012 10:36

felia if only,
it will go up but will have to wait a long time..

[falia] 15/5/2012 09:22

3RD ON LEADER BOARD TODAY

[falia] 15/5/2012 08:59

BACK UPTO 25-30P THIS WEEK

[apdi71] 14/5/2012 19:28

Warbaby, if the PTB gave a flying monkey's what the great unwashed think, we would not be being governed by laws created in secret by unelected EU Commissioners, would have a selective immigration policy, would have grammar schools etc etc. Anyway.

The Germans are realising the potential shortcomings of dispensing with coal fired power stations - they have 'binding legal obligations' to do:


I doubt that even if the lights go out the public would be able to sway the direction of governance, 'legally binding international obligations' and all. It wont touch Cameron's class.

[warbaby43] 14/5/2012 16:06

An EU wide opinion survey in 2011 indicated that only Poles were more favourably inclined towards coal than us, with 54% of Brits expressing a positive view of coal as an energy source. Indeed, perhaps the only amusing part of the recent Results RNS was to see Jonson Cox fulminating against UK Government energy policy while at the same time not being prepared to spend a brass farthing on taking coal's very convincing case to the British voting public to apply pressure to our London LibDem government.

[apdi71] 11/5/2012 13:38

Over the pond, the corporatist eco left write coal out of the picture for power generation too:

[chesty1] 05/5/2012 20:30

Well I did pick some up here before close of play Friday....

Not many selling out considerign the recovery this one has had...

IMHO these are a longer term play but one I can wait for.

Be lucky to all

[chesty1] 03/5/2012 15:35

hhhhhmmmmm

I want my money back....

Watching closely but no sign of strength....

[warbaby43] 03/5/2012 12:37

P8 of the 2011 Results: "If 32s is not capable of being safely recovered and mined, it is possible that Daw Mill may have a face gap of up to three months during the first half of 2013, although mitigating plans are being put in place as a precaution." It is quite possible therefore, that these redundancies are part of the "mitigating plans" to diminish the financial impact on UKC of yet another lengthy D Mill face gap.

The other part of the D Mill context is that they were already mining 10km from the shaft bottom in 2010 and that development of an auxiliary shaft was always going to be needed round about now if D Mill was to be economically mined in the longer term. Given that the cost of such development would be likely to be of the order of £100m and given the combined record of the geology and workforce there over recent years, hands up all those in favour of chucking another £100m down Daw Mill even in the most unlikely event of a company in UKC's still parlous condition being able to raise such a sum.

It would seem quite possible, therefore, that this shrinking of the workforce signals the abandonment of development of the mine beyond 2013.

[castleford tiger] 03/5/2012 08:08

200 jobs to go at DAW MILL

[chesty1] 03/5/2012 07:59

In @23.5p & out @22p...

Miss timed it this time....

Be lucky to all & hope it returns north & flies again.

[strutt12] 01/5/2012 17:38

The Board believes that there is potential value to be realised from our substantial brownfield property portfolio through the development process. It is proposed that the property company would take over the bank debt of the Group and an agreed liability as part of a compromise of the pension scheme. Our proposal is that equity funding, which will be ring fenced to the property business, will need to be raised for the period of time required to pay down bank debt whilst the development process releases this value.

[crosswire] 01/5/2012 12:08

If the restructuring plan is successfully implemented in the interest of securing a more stable platform for the Company, shareholders may face dilution of their holdings.

The Company has entered into a collaborative and constructive process with its principal banking partner, Lloyds Banking Group, and is exploring the options available to address the funding requirements of the Group in light of the possible structural changes. The Company is confident that renewed facilities to 31 December 2013 will be agreed with Lloyds Banking Group, who remain supportive of the current process.

[angus17] 01/5/2012 11:03

CHESTY1 YOU ARE PROBABLY RIGHT BUT DON'T GET STUCK WITH STOCK WHEN THE RIGHTS ISSUE PRICE GETS RELEASED

THE CURRENT RISE IS SPECULATIVE, GET OUT ONCE YOU HAVE MADE A BIT BUT DON'T GET GREEDY!

[chesty1] 01/5/2012 10:38

I think this is going higher.....

And for that reason....count me in @ 23.5p.

Be lucky to all

[angus17] 01/5/2012 08:31

great opp. short term but watch out for the rights issue price coming this way soon.

[crosswire] 01/5/2012 08:06

Share price forecast

The one analyst offering a 12 month price target expects UK COAL PLC share price to rise to 61.00 in the next year from the last price of 20.00.



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isable and tax free!

[sparkstrader] 30/4/2012 16:51

Was tempted and was brave, just following the fundamentals and charts for entry and exit.

[tomboyb] 30/4/2012 09:41

boom! - unexpected - and ISAable -

[mmickyboy] 30/4/2012 09:10

pleased i bailed out @ £5.50 bought back in @ 30p