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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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 ?...