Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
 
Register now or login to post to this thread.
  • Page:
  • 1
  • 2
  • 3

buy (CDN)     

acaldin - 26 Apr 2006 20:20

buy cdn now its at the start of a bull in china!

goal - 20 Dec 2006 19:32 - 23 of 59


Caledon Resources PLC
20 December 2006




Caledon Resources plc
20 December 2006

Caledon Resources plc

Total Voting Rights and Share Capital


In conformity with the Transparency Directive's transitional provision 6,
Caledon Resources plc is required to notify the market of the following:

Caledon Resources plc's issued share capital consists of:

i) 138,986,577 ordinary shares with a nominal value of 0.5 pence each, each
carrying voting rights of one vote for each ordinary share; and

ii) 2,466,273,843 deferred shares with a nominal value of 0.1 pence each,
each carrying no voting rights. Subject to approval of the Court, the
deferred shares will be cancelled.

Caledon Resources plc does not hold any ordinary shares in Treasury.

Therefore, the total number of voting rights in Caledon Resources plc
is 138,986,577.

The above figure of 138,986,577 shares may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in,
Caledon Resources plc under the Financial Service Authority's Disclosure
and Transparency Rules.


Name of contact and telephone number for enquiries:

Jeremy P Gorman
Caledon Resources plc
Company Secretary
020 7935 0027

Caledon Resources plc
18 Upper Brook Street
London W1K 7PU
Registered in England and Wales No. 3993115




This information is provided by RNS
The company

goal - 21 Dec 2006 14:09 - 24 of 59

(CDN) Operational Update

goal - 01 Mar 2007 12:01 - 25 of 59

Cook Colliery Update What Price next year??

goal - 01 Mar 2007 12:02 - 26 of 59

http://

goal - 01 Mar 2007 12:07 - 27 of 59

Cook Colliery Update

goal - 21 Mar 2007 08:09 - 28 of 59

Good news. Caledon Resources says commercial production started at Cook coal mine
AFX


LONDON (AFX) - Caledon Resources PLC said commercial production has started at its Cook coal mine in Queensland, Australia.

Production from the mine is set to start at 50,000 tonnes of coal per month rising to 100,000 by the third quarter.

The AIM-listed company expects an annualised coal production rate of 1.5 mln tonnes being achieved in 2008.

'In less than 12 months, we have successfully negotiated the acquisition of the Cook Mine from Xstrata, completed detailed engineering studies, obtained financing, completed mine re-commissioning and commenced commercial production on budget,' said chairman Robert Alford.



newsdesk@afxnews.com


goal - 29 Mar 2007 09:47 - 29 of 59

http://www.caledonresources.com/Website A picture of the first coal production.

goal - 26 Apr 2007 14:48 - 30 of 59



Chart.aspx?Provider=EODIntra&Code=CDN&Si
CDN chart 50/200 ma, Looking very good for holders.

transco - 26 Apr 2007 19:01 - 31 of 59

Im in - its taken some time!!!!!!!!!!! though

goal - 27 Apr 2007 09:38 - 32 of 59

Up over 4% at the moment, I'll bet you have a smile on your face transco.

goal - 27 Apr 2007 16:58 - 33 of 59

Well, it finished down on the day but Caledon Resources have a bright future, I'm looking forward to next few months. Regards goal.

transco - 27 Apr 2007 17:50 - 34 of 59

Me too I had writen them off - the smile is wide goali!!!
You have some?

goal - 13 Jun 2007 10:37 - 35 of 59



LONDON (Thomson Financial) - Caledon Resources PLC said production at Cook coal mine in Queensland, Australia, is ramping up and it plans to increase coking and thermal coal production to 100,000 tonnes per month from 10,000 tonnes over the year.

The mining company expects an annual coal production rate of 1.5 million tonnes in 2008 at Cook Mine.

Caledon also said the coking coal market has tightened due to rail and port constraints in Australia, combined with increasing demand from India and China, and this is putting upward pressure on prices.

TFN.newsdesk@thomson.com

faj/lam



COPYRIGHT

goldfinger - 04 Jul 2007 10:28 - 36 of 59

Gone back into these today as a play on the World Coking Coal market which is forecast to rise and rise with the likes of China, India, Brazil and others eating up any excess supply.

One should note that CDN is now a pure coal play.

Heres a recent article on the company, well worth a read..

http://www.proactiveinvestors.co.uk/articles/article.php?CDN3

Good to see from last results aswell that it is now a producer and not just an explorer...

25 June 2007


Caledon Resources plc
('Caledon' or the 'Company')

Preliminary results for the year ended 31 December 2006

Caledon Resources plc (AIM: CDN), today announces its preliminary results for
the year ended 31 December 2006.

2006 OPERATIONAL HIGHLIGHTS

Transition from explorer to producer, supported by a robust operating
asset base and strong management team with experienced coal executives and
operators.

On 14 December 2006 the Company acquired the Cook Coal Mine and adjacent
Minyango deposit located in Queensland, Australia. At the Cook mine, SRK
Engineering has estimated that there is at least 40 million tonnes ('mt') of
recoverable coking and thermal coal representing 17mt of reserve and 23mt of
resource. Production commenced in March 2007 and is anticipated to grow over
a period of three years to 1.8mt per annum.

An independent competent person's report on Cook Coal Mine indicates strong
expected life of mine economics: pre-tax Net Present Value of US$256 million
using a 10% discount rate; cash flows of US$30 to US$67 million; 10 year
coking/thermal coal reserve and 20 years of coal resource.

Exploration is well advanced at the Minyango coal project situated
immediately north of the Cook lease. The Company has completed 15 drill
holes, in addition to the 65 previously completed on the project, in a
programme designed to further define coal quality, coal seam continuity and
seam thickness of the deposit. On 14 March 2007 the Company announced the
completion of a resource estimate by SRK Engineering increasing the size of
the Minyango resource by 17% to 240mt (JORC) coking and thermal coal of
which 75mt is indicated and 165mt is inferred.

Eldorado warrants exercised and resulting shares sold generating proceeds
of 2.5 million before tax.

Caledon places 12.5 million unsecured convertible loan notes subject to
approval at an EGM to be held on 5 July 2007.

AND

If we look at the World Coking coal market we find this...

Coking coal market

Global Basic Oxygen Furnace steel production is reliant on coking coal. Coking
coal is used to produce coke, which is a key feedstock in the blast furnace
process required to smelt iron in the process of making steel products.
Approximately 0.6 tonnes of coke is required to make 1 tonne of steel.

According to the World Coal Institute, almost 66% of total global steel
production depends on inputs of coal. 592mt of coking coal and PCI coals are
used annually in global steel production. China accounted for most of the recent
increase in world steel production, with 2005 production increasing by 25%. The
USA, India and the rest of the world rank behind China in terms of world steel
production. Due to the current constraints in coking coal supply, steel
producers are seeking long term coking coal supply, with many choosing to
participate in financing actual coking coal production.

The continued growth of steel production in Asia has seen an increasing number
of Indian and Chinese investments in the Australian resource sector.
Additionally, CVRD of Brazil (the world's largest iron ore exporter) has
acquired coking coal interests in Australia. A comparative table of the major
coking coal exporters below demonstrates the strength of the Australian based
producers.

Leading coking coal exporters

Year Australia Canada USA China
2003 103.1 22.0 20.0 11.5
2004 111.4 21.5 24.5 5.7
2005 119.8 25.1 26.0 5.6

Japan is the largest and Korea the second largest importer of coking coal. Rapid
industrial growth in China has resulted in China actively decreasing coal
exports to feed internal consumption. As a result China is anticipated to become
a net importer of coking coal in 2007. India is also seeking to secure future
supplies of coking coal and Indian companies are actively seeking coking coal
assets in Australia to supply rapid steel production growth.

Approximately 50% of the world's sea-borne coking coal comes from the Bowen
Basin, where the Company's coal assets are situated. Over 30 major mining
operations, owned primarily by major multi-national resource producers such as
BHP-Billiton, Rio Tinto, Xstrata and Anglo, are currently active within the
basins. Over 100mt of coking coal was exported from the Bowen Basin in 2005-06.

AND

Market Price looks stable or even better....

Coking coal price

Contract prices for coking coal are generally negotiated in the first quarter of
each year and are fixed for the April to March 12 month period. Japan is the
largest importing country and the contract duration coincides with their
financial year. Settlements in Japan are also the reference point for
negotiations between coal producers and customers in other countries.

Current outlook

For the contract year beginning in April 2007, coking coal prices fell by
approximately US$20/t (to the mid US$90's) for the premium brands and often more
than that for the lower quality coals. However, as 2007 has progressed, the
market has tightened due to rail and port constraints in Australia (and to a
lesser extent in Canada), combined with increasing demand from India and China.
This is putting upward pressure on prices as customers compete for the limited
volume of coal that is not already committed to customers under annual
contracts. While it is more than six months away from the annual negotiating
season, many analysts are now forecasting a significant recovery in 2008
contract prices.ENDS

I reckon theres plenty of upside in this one (and other coal producers)and as production ramps up I expect to see a re rating of the stock.

- Market Cap 57.5m

- Shares In Issue 154.36m

- Beta 0.94

- Price To Book 1.7

- SP 37.25p

- Covering Analyst Canaccord Adams

- Web Site http://www.caledonresources.com/WebForms/Home.aspx

DYOR.

goldfinger - 04 Jul 2007 10:30 - 37 of 59

Joined you guys in this one. Looks like it as a bright future and plenty of interest at the moment.

Trades today are all positive.

goldfinger - 04 Jul 2007 10:37 - 38 of 59

This is a development being carefully watched by the rest of the industry in Australia. Although the individual components of the system have been well proven over the last 10-15 years, Cook is the first coal mine to use this new combination of continuous mining and continuous haulage devised by Magatar Mining. The mine will thus be a true test case for the technology, and if it does what it says on the tin, and other miners make the decision to invest in the kit, Caledon stand to benefit in more ways than one. Not only will they reap the benefit of their own improved coal production, but as the holders of a royalty arrangement on the Magatar licence for Australia, New Zealand and Indonesia, they will accrue income on any sales of the Magatar linear mining technology made in those areas

goldfinger - 05 Jul 2007 02:27 - 39 of 59

Pretty heavy volume but only a small spike up today.

goldfinger - 05 Jul 2007 03:29 - 40 of 59

sorry wrong thread.

goldfinger - 05 Jul 2007 09:23 - 41 of 59

Positivley out of the blocks this morning.

goldfinger - 06 Jul 2007 01:40 - 42 of 59

Gets a good write up in this Broker note. Check the last few pages.

http://www.minesite.com/fileadmin/content/pdfs/Brokers_Reports_5/juniorminingpaydirt290607.pdf
  • Page:
  • 1
  • 2
  • 3
Register now or login to post to this thread.