oilyrag
- 14 Jan 2008 18:16
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.
smiler o
- 21 Jan 2008 10:57
- 16 of 183
smiler o
- 24 Jan 2008 09:32
- 17 of 183
Pimpernel
- 14 Feb 2008 16:43
- 18 of 183
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.
Pimpernel
- 15 Feb 2008 08:27
- 19 of 183
Yes, moving up nicely now. Glad I got into this one yesterday morning.
oilyrag
- 15 Feb 2008 08:34
- 20 of 183
How far, how quickly?
Pimpernel
- 15 Feb 2008 08:40
- 21 of 183
Not sure oily but yesterday's news was excellent. This, for my money, is the most interesting stock I've come upon in years.
Pimpernel
- 15 Feb 2008 16:49
- 22 of 183
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.
Pimpernel
- 20 Feb 2008 09:04
- 23 of 183
Rising nicely again today making a near 40% increase in the sp since last Thursday. I have high hopes for this stock.
oilyrag
- 20 Feb 2008 10:01
- 24 of 183
Do I top slice for a free ride or do I hold?
oilyrag
- 20 Feb 2008 10:21
- 25 of 183
Should have done, Oh well there's always another day.
Toya
- 04 Mar 2008 07:26
- 26 of 183
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.
oilyrag
- 04 Mar 2008 07:29
- 27 of 183
Hi Toya. Yesterday all trades went through brokers, today could have some positive gains, with plenty of opportunities to top up along the way.
Toya
- 04 Mar 2008 07:30
- 28 of 183
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.
oilyrag
- 04 Mar 2008 07:35
- 29 of 183
This year, they should both be well worth attending back to back. Followed by lunch and a bit of shopping.
Toya
- 04 Mar 2008 07:36
- 30 of 183
Good idea Oily!
I shall be buying some ANR shares soon but probably the price will be going up today so may wait.
oilyrag
- 24 Apr 2008 08:31
- 31 of 183
Toya, are you in yet. Wrangling between Homeland, a major investor and Altona over the chinese. Some are suggesting a posible bidding war. Either way ANR is going up at the mo.
Toya
- 24 Apr 2008 08:37
- 32 of 183
Morning Oily - I haven't got in, and am tending to shy away from the smaller companies recently, but thanks for reminding me. I'm moving more towards trading in CFDs and indices
lizard
- 27 Jun 2009 09:04
- 33 of 183
Mkt report mention Altona at bottom of page
http://www.dailymail.co.uk/money/article-1195838/MARKET-REPORT-Debt-concerns-batter-Vendanat.html
Very positive step for ANR with a major deal with the Chinese CNOOC.
700m barrels of oil equivalent is some asset, no surprise the big boys want in.
investinggarden1
- 04 Aug 2009 09:41
- 34 of 183
Master RSI
- 17 Aug 2009 17:11
- 35 of 183
Moving higher on the bid 4.05p, with only 1 MM at offer 4.10p
The chart looks positive on the back of such a volume and Indicators rising from oversold