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.

Beacon Hill Resources (BHR)     

TheVoid - 24 Sep 2010 04:01

Chart.aspx?Provider=EODIntra&Code=BHR&SiChart.aspx?Provider=Intra&Code=BHR&Size=

Beacon Hill Resources is very popular at the moment on other BBs yet here there seems to be nothing - so I thought I'd put together the stuff I've gather from the Internets and see if anyone here is investing in BHR - I'm not but I might at some time in the future when the fuss has died down

Beacon Hill Resources

2517GEORGE - 02 Jun 2011 13:41 - 59 of 110

7.5m bought 0 sold and sp static.
2517

grannyboy - 02 Jun 2011 14:14 - 60 of 110

2517, same as yesterday, a lot more buys then sells, MMs are holding this down..

mnamreh - 25 Jul 2011 10:15 - 61 of 110

.

grannyboy - 15 Aug 2011 10:33 - 62 of 110

Looking for a steady re-trace back towards 12.50p-13p, well undervalued at the moment..OMO.

mnamreh - 19 Oct 2011 09:45 - 63 of 110

.

magicjoe - 22 Nov 2012 22:57 - 64 of 110

From British Bulls tonight ......

BUY CONFIRMED

BHR 3.5000 +0.5000 +16.67%

Candlestick Analysis
Today’s Candlestick Patterns:

LONG WHITE CANDLESTICK

Type: Reversal/Continuation
Relevance: Bullish

The recent bullish formation leading to the BUY-IF signal is confirmed today. The market is ready for a new bullish move. It opened today
with a gap-up and the day’s activity resulted in a close higher than the open. This is one of our valid confirmation criteria.


13FIG.gifChart.aspx?Provider=EODIntra&Code=BHR&Si

magicjoe - 23 Nov 2012 08:57 - 65 of 110

continuing with yesterday's rise on good volume also over 4m in less than 1 hour

--------------------
Mozambique: new railroad for coal / 22 November 2012

Mozambique launches US$2 billion international tender for railroad project

The Mozambican government plans to launch an international public tender for a rail and port project worth US$2 billion, the chairman of state port and rail company CFM said Wednesday in Maputo.

“The public tender will be launched by the end of the year, it will be worth US$2 billion and is intended to solve the logistical problems related to increasing coal exports,” said Rosário Mualeia on the sidelines of the Coaltrans conference, cited by financial news agency Reuters.

The public tender is to build a 525 kilometre railroad from Tete province to Macuse, in Zambézia province, and a port with capacity to handle 20 million tons of coal per year.

Mualeia also noted that work to rebuild the Sena railroad, which is the only rail link between Tete and the coast, will be finished by the end of the year, after which it will have capacity to carry 6.5 million tons per year.

The chairman of Portos e Caminhos de Ferro de Moçambique (CFM) noted that several rail and port projects due to be carried out would have an overall cost of US$12 billion and be completed within five years. These new projects are expected to increase the country’s export capacity to 120 million tons of coal per year.

Mualeia also said that in 2013 an independent operator would be set up to manage all the railroads, although prices and policy for accessing the network would be established by a state regulator.

magicjoe - 23 Nov 2012 10:02 - 66 of 110

Steady share price rise and volume now 8M

Chart.aspx?Provider=Intra&Code=BHR&Size=

magicjoe - 23 Nov 2012 14:58 - 67 of 110

Breaking the 4p after some steady attempt for a couple hours

it looks like it will be breaking also yesterday's large volume

magicjoe - 26 Nov 2012 10:05 - 68 of 110

4.20 / 4.25p +0.20p

From the TIMES - Sunday 25th November 2012

BHR - Beacon Hill Resources continued to rally sharply as the market belatedly cottoned on that Renaissance Capital, the Russian investment bank, was not about to dump its near 34% stake. The miner of coal in Mozambique jumped another 14.3% to 4p. Sentiment towards Beacon Hill, like other coalminers, has been lent a further fillip by hungry Chinese demand for the fuel.

magicjoe - 02 Jan 2013 10:15 - 69 of 110

RUMOURS OR TRUTH ?

from a poster on LSE,

maxwells1
Posts: 6
Research
Opinion: Strong Buy
Price: 3.05
Bid in the wings!
Today 09:26
Wed, 2 Jan 2013 at 9:209:20Message starred FROM R BEST TO You re BHR Hide Details FromR BEST Tomattwest_1972@yahoo.com Re Beacon Hill Resources

The chatter amongst the stripes in the city is GOOD!
BHR has a bid waiting at 12p as soon as the Rail allocation is granted with the next 2 weeks!
BUY

2517GEORGE - 01 Feb 2013 10:05 - 70 of 110

SP up on rolling stock lease signed.
2517

2517GEORGE - 11 Feb 2013 08:42 - 71 of 110

Excellent news.
2517

Claretdabbler - 12 Feb 2013 10:09 - 72 of 110

The new MD Rowan Karstel seems to have really got this lot moving. If you have not read the Strategic Update put out on 3/12/12 after one month in office I suggest you do.

menorca1 - 21 Mar 2013 16:28 - 73 of 110

There was a placing @ 3p last week, today the same amount of the Placing has been on the market a couple times

The share price is bouncing from the 3p also bottom recently

menorca1 - 22 Mar 2013 09:25 - 74 of 110

A follow through today at 3.33p, volatile earlier as is on the order book ( AT)

ontheturn - 08 Jul 2013 11:41 - 75 of 110

Something is happening today, some large trades are moving the share
certainly there are on the turn

ontheturn - 23 Aug 2013 10:53 - 76 of 110

On the turn for a couple days now, there was large volume 3 weks ago, when share price was at its lows

The chart shows a typical bullish sign of an Inverted " HEAD & SHOULDERS "

mitzy - 23 Aug 2013 11:36 - 77 of 110

Chart.aspx?Provider=EODIntra&Code=BHR&Si

Great chart.

ontheturn - 29 Aug 2013 11:14 - 78 of 110

Interim Results

H1 2013 Highlights

+300% increase in coal wash plant capacity to 1.8 Mtpa completed at flagship Minas Moatize Coking Coal Project in Tete, Mozambique ("Minas Moatize")
o First low volatile premium hard coking coal and export quality thermal coal product produced
o Plant commissioning phase is progressing well with potential challenges identified and being rectified

+31% increase in JORC Resource at Minas Moatize - upgraded to 86.8 Mt (Measured and Indicated of 76.3 Mt) from 66.4 Mt Measured and Indicated
-- Strategic end-to-end logistics solution to transport coking coal produced at Minas Moatize to export markets via the port of Beira:

o Rail: Receipt of 7.7% capacity allocation on the Sena Line initially equivalent to 0.5Mtpa and anticipated to rise to 1.5 Mtpa following Sena Line capacity expansion
o Rail infrastructure development is progressing well with the first Minas Moatize trains expected to depart for the Port of Beira in Q4 2013
o Rolling Stock: U$21 million Lease agreement with Thelo Rolling Stock Leasing Proprietary Limited ("Thelo") for the provision of 5 locomotives and 90 wagons for the Sena Rail Line
o Leasing conditions precedent finalised with the first rolling stock expected to arrive at Minas Moatize in Q4 2013

Mining Contract signed between the Company and the Government of Mozambique to enhance the stability of the fiscal and regulatory environment for a period of 25 years
-- Approximately US$21 million (approximately GBP14.1 million) raised through a placing to strengthen the Company's balance sheet, upgrade rail infrastructure including rail sidings, to commence the Phase 2B and 2C wash plant upgrades and for rail rolling stock related and general working capital purposes
-- Funding discussions progressing with both conventional pre-export senior debt providers and a number of equipment providers to vendor finance the capex for Phase 2B and Phase 2C expansion on a Build, Own, Transfer ("BOT") basis
Rowan Karstel, Chief Executive Officer of Beacon Hill commented, "The first six months of 2013 was an absolute turnaround for Beacon Hill. The Company achieved a number of key milestones which will ensure our Minas Moatize Coking Coal Project will become a tier 1 asset with SENA rail access to the Port of Beira, Mozambique. We continue to advance Minas Moatize as evidenced by inaugural production of coking and thermal coal following the completion of the first phase of our wash plant upgrade.

"While the spot price of coking coal is lower than in previous years, low cost producers such as Beacon Hill remain well positioned to build value, particularly when considering the high quality specifications of our product and the on-going progress made in executing our cost efficient logistics solution. This differentiates us from many of our peers and with the associated rail infrastructure developing well, we look forward to completing the commissioning of the wash plant and moving into full production over the coming months."

CHAIRMANS REPORT
Overview
I am pleased to report the first half of 2013 has been one of the best periods for the development of Minas Moatize Coking Coal project since its acquisition by the Company in 2010. The new management team made an immediate impact and achieved a number of strategic milestones. The Company has progressed in every aspect of our business: recruitment of an experienced coal executive team continued with key appointments including Chief Operating Officer, Coal Marketing Director and Rail Manager, the Phase 2 wash plant commissioning increased our processing capacity threefold to 1.8 Mtpa, we achieved landmark Sena rail allocation, we broke ground at on- and off- load rail sidings, achieved a +31% JORC resource upgrade, secured US$21 million of new rolling stock and signing the Mining Contract with Government of Mozambique, to list just some of the notable achievements during H1 2013.

The frustration for the Board and shareholders is that despite this transformational first half and a US$21 million equity placement during April 2013, the Company's absolute share price performance continued to underperform in comparison to our expectations. The main reason can be attributed to the state of global coal markets where the spot hard coking coal price fell to five year lows during the first half of the year at approximately US$135/ton FOB Australia. With a modest recovery recorded since then and taking into account the long run marginal cost of production in Australia (the world's largest exporter) is approximately US$160/ton, we have hopefully reached the bottom with a number of higher cost producers incurring operating losses.

Corporate & Financial
In April 2013, against a difficult market backdrop for coal and commodities generally, the Company was successful in raising a further US$21 million and expanded its shareholder base. This was a vote of confidence in our new strategy, our new management, and quality of our coking coal asset.

The balance sheet remains strong with net assets of US$68 million and cash and contractor prepayments at the period end of US$13.6 million (including US$6 million of contractor prepayments). The Board is confident that during H2 2013 it will secure the necessary funding for the Phase 2B/2C wash plant expansion to 2.8Mtpa via a Build, Operate, Transfer ("BOT") contract with one of its preferred contractors.

Outlook
The Board expects difficult coal market conditions experienced during H1 2013 to persist for the remainder of the year. Nonetheless, we have a clear and focused plan to establish profitability by increasing our scale and operational efficiency.

The Company is in the fortunate position that upon completion of Phase 2B upgrade to 2.8 Mtpa, Minas Moatize will transition from a Tier II to a Tier I cash cost producer, capable of generating profits even at the current depressed prices. In addition, the Minas Moatize coking coal project scores well in every objective criteria for a globally significant coking coal asset namely (i) significant JORC resource (ii) tier I cash cost (iii) availability of rail infrastructure (iv) quality hard coking coal (v) presence in the emerging Mozambique coking coal basin (vi) it has entered the production phase. For this reason the Board is of the opinion the current value of the Company is substantially undervalued and shareholders will be eventually rewarded with a re-rating as our profile and presence in the seaborne coking coal market grows.

As a junior resource company, high quality growth is critical to shareholder returns and Management has been mandated to review a number of new initiatives including an extension of our resource into adjacent properties as well as vertical integration into higher value coking coal activities. The Board expects to update shareholders further during Q4 2013 on those initiatives and transactions under review.

I would like to close by commending our new management during a successful first half year and look forward to sustaining this level of performance as we move in to full scale production. In addition, I would like to thank our shareholders and local stakeholders for their continued support and I look forward to providing further news on our development into a profitable Mozambican coking coal producer in due course.
Register now or login to post to this thread.