Altona Resources Epic ANR is an excellent long term play for any investor, with excellent prospects for growth over the next few years.

Completion of pre feasibility study for coal to liquid (CTL) plant. Q1 2008.
Open cut coal mine bulk sampling at Wintinna to define 700 million tons coal to JORC standards.
MOU with South Australia's largest electricity producer to supply 4 million tons coal per annum for 25 years.
Extension of MOU with BP Australia, to evaluate power generation and CTL development.
7.8 billion tons of sub bitumous coal in situ.
Progress in a bankable feasibility study, to produce 10 million barrels CTL per year, with a 560 MW co-generation power facility, based in the 100% owned licence for the Arckaringa project in South Australia.
The 3 licences held by Altona are in the Permian Arckaringa Basin and are located close to rail and road links.

Project Base Case, 10million tons coal, CTL producing 10 million barrels of zero sulphur diesel fuel, and 560mw power for export pa.

Tree shake i see, better to take notice of the 175000 buy at 5p and the 3 buys yesterday of nearly 2 million shares at 4.5p - well over the ask. Looks like somebody got the nod to get in.

stakebuilding started:

Altona Resources plc ("the Company") has today been notified by Barclays PLC
that, through Barclays Stockbrokers Limited and Gerrard Investment Management
Limited, it is indirectly interested in 15,100,033 ordinary shares in the
Company, representing 5.33 per cent. of the total voting rights of the Company.

http://www.resourceinvestor.com/pebble.asp?relid=38702

Of Interest:




http://213.38.100.13:50803/hs_templates/majholders.php?epic=ANR.L

;)

http://www.emfis.de/asien/asien/nachrichten/beitrag/id/Kohleknappheit_in_China_Regierung_schliesst_Kraftwerke_ID66696.html

Translated !



Coal shortage in China - Government power plants!

Bejing 15.01.2008 (www.emfis.com)

China had now power stations, which for more than 6% of the South China electricity supply are responsible. The reason for this was the shortage of the raw material, coal in the region are not available. In the southern provinces, this is the worst power outage since about 5 years ago. In Guanxi included a power plant with 2.3 gigawatts of energy output, in Guizhou was 4.2 gigawatts of the largest power plant shut down and Yunnan missing by the shutdown of a power plant at least 3.8 gigawatts. From the regions were already some time before aid requests to the central government sent.

China currently generates about 78% of its power with coal, and is therefore for the import of raw material to the world's top concern.

Even if the project goes ahead it will be a few years before supplies reach China CDN is poducing now and the price of coking coal is expected to rise to $150 per ton during 2008.

Of Interest:

http://www.infotechfrance.com/cgi-local/affichage_signets.pl?UNI_ID=8&RUB_ID=53&SIG_ID=4529&actu=1

Of Interest:

http://www.livenews.com.au/Articles/2008/01/24/Wesfarmers_Premier_Coal_and_Blackham_in_JV_

A near 19% rise for this stock today and not one comment on this thread. I can only suppose that it is "below the radar" as far as most people are concerned but I think it's well worth looking at, especially after seeing this afternoon's RNS.

Yes, moving up nicely now. Glad I got into this one yesterday morning.

How far, how quickly?

Not sure oily but yesterday's news was excellent. This, for my money, is the most interesting stock I've come upon in years.

A near 30% rise in the sp over just two trading sessions can't be bad. I just hope we can have some more of the same next week.

Rising nicely again today making a near 40% increase in the sp since last Thursday. I have high hopes for this stock.

Do I top slice for a free ride or do I hold?

Should have done, Oh well there's always another day.

Full details of RNS today:
Completion of Field Technical Programme

Altona seem to manage to do things on time and to schedule, which is always encouraging. Looks to me like a good long-term hold.

Hi Toya. Yesterday all trades went through brokers, today could have some positive gains, with plenty of opportunities to top up along the way.

Hi Oily - I don't hold these as yet, but have been keeping on my watchlist. I remember they held their AGM same day as BRR, and they more or less share UK premises.

This year, they should both be well worth attending back to back. Followed by lunch and a bit of shopping.