Just curious as to why there's not a thread on this one, yet it's seems to have had a good day so far. Perhaps some one can tell me why?

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Atlantic Coal latest report.

http://www.proactiveinvestors.co.uk/companies/news/11046/-atlantic-coal-acquires-maple-carpenter-creek-in-all-share-deal-fox-davies-ups-target-to-25-pence-11046.html

1), Looking for coal underwater isn't smart. . . Dumb choice of Co. Name.
2),Dunno, probably lack of interest here says "bargepoles"
3), see one above
The recent sp rise is due to stupidity - the dilution being massive - and all for little more than Dirs will spend on their wages, pensions and cars....repeat next Jan, if this rotting old barge is still above the water-line.
The application of new gloss doesn't disguise a poor investment promise.
4),Coal is something we should be using less of, so the future is hardly bright....Doh!
All IMHO.

ATC Looks like a decent co. and coal is coming back i have a number of shares as I think it will go up again it's a wait and see stock

According to the chart - these traded at 14 in 2003?

ATC is probably worth at punt at 0.13p the moving averages are starting to turn positive again now and there is probably more upside than downside from here barring any bad news/fall in coal price etc

good call northerly1, super results. ridiculously low p/e on those figs

Directors Buying today? :
Managing director Steve Best said: "This has been an exciting period with the Pott and Bannon site being brought into our Pennsylvania anthracite portfolio and having achieved substantially increased production compared with H1 2012.

P/e 2 on those profits figs. What's more, second half is expected to show growth with production being increased and prices rising in the winter mths as is normally the case. Doubled today, will they do the same tomorrow, price should be around a penny at least so a quick four bagger imo

Coal has gone up £10 per ton in these neck of the woods to the coal suppliers so heaven help the likes of me who has an open coal fire or the other option, don't make one.
May be one to consider buying at the moment. Everybody is talking about how we in England don't have the supplies anymore and that it is all imported and how sad it is.
Multifuel burners are in high demand at the moment apparantly so I have learned over the last 3 weeks so folks won't need to put their central heating on in certain rooms - just hope they know what is safe to burn on them. Think this is on my radar for the morning. They reckon anthracite is the best to burn as it does not burn the liner out -not the traditional coal full of chemicals so who knows Think I will certainly buy some.

Will certainly be on the radars now 3m, tomorrow will be Big, the current results and potential massively undervalue the company. Profit for the 6mths 2.5m, the next half could be bigger, so say 5m but co is still only worth around 10m! Doh, no brainer..

No brainer could still bring in a couple of pounds. A little punt so to speak is better than nothing me thinks. I seriously have been researching and I think coal will come good providing it is of the sought out one in todays trend.

I hope peeps are getting in now at 0.23p?

if profit for the full yr comes much lower at just 4m, we have a p/e of around 2 or 3 so a lot of upside, surprised is hasnt gone to 0.5p today

hope you lot got out at .25p and took your profits.......

Lol, with a p/e 2.5 on a low coal price..on a shr that's just turned .. Yeah think I'll sell

looks like it's turned down.,.

No buyers all sellers

poised to go up (imho)...coiled spring!...

The director has purchased more shares at 0.27p so onwards and upwards.

Thought so, dirt cheap

ATC will visit 2.37p again and hopefully move to new highs!

Massive volume today, rising each time we get better and better news, the chart Lt. ave should has now set good upward trend, on great news so very good buying signals

Chinese JV and coal sale agreement excellent news for ATC shareholders!

bit of dilution .07.........................

NS Number : 4203U

Atlantic Coal PLC

02 December 2013






Atlantic Coal plc / Index: AIM / Epic: ATC / Sector: Mining



Atlantic Coal plc ("Atlantic Coal" or the "Company")



SEDA advance and equity swap agreement, primarily to finance export orders to China



Atlantic Coal, the AIM listed anthracite coal mining company operating in Pennsylvania, USA, announces



That it has made a further draw down on its existing standby equity distribution agreement and has entered into an equity swap arrangement (SEDA). The combined effect of these two actions provides the company with additional funds of £800,000 before charges immediately and a further £650,000, adjusted as described below, in the period to 31 December 2014. A significant proportion of these funds will be used to increase stocks of anthracite at the Stockton mine in order to satisfy bulk orders from China resulting from sale agreements previously announced.



Under the terms of the SEDA with YA Global Master SPV Ltd ("Yorkville") details of which were announced on 25 July 2013, Atlantic Coal has issued a further 689,491,203 new ordinary shares of 0.07 pence each in the Company ("New Shares") to Yorkville for an aggregate consideration of £1,450,000 before charges. Application has been made to admit the New Shares to trading on AIM which is anticipated to take place on or around 6 December 2013.

Something up..

Big freeze is helping the sp....no doubt....

Coal price yep, The China supply deal And more directors buys more likely

Surprised this is not much higher....in fact this should be double what it is today !...

SEDA - see post 27.

Added chart to header.,.

Loads of buys.....very underestimated this company...

Lots of sells today.

Coal is not the flavour of the month....but this is anthracite....the best variety....good little company this....

looks to be going back down the mine rf....... wait for the thud when it hits bottom.,.

Not one of my best picks it seems....should rebound....

Down 15% this am.

Nice rise...coal on the turn ?...

ATC Doing its usual Autumn rally if you check the past few years charts it starts around September and peaks around the New Year but maybe it might hold on to its gains this time around?