northernstock
- 19 Apr 2006 12:42
With Fidelity purchasing 33mns shares and J O Hambro holding 30Mns, the future looks bright here.
dave leach
- 16 Jun 2007 10:32
- 4 of 5
thread created here: http://www.moneyam.com/InvestorsRoom/posts.php?tid=11676#lastread
dave leach
- 16 Jun 2007 10:35
- 5 of 5
"meanwhile tiny Churchill mining struck a rich seam as traders piled in on hearing news of a large supply deal to deliver coal to Indonesian power stations. Trading was temporarily halted as the stock went into 'backwardisation' as punters lapped up the stock in anticipation of further deals".
Times-online......Churchill Mining, a speculators favourite in recent months, was the days top performer on a gain of 24p at 52p after it agreed to supply coal to an Indonesian power company.
Churchill Mining was the top small cap performer, leaping 85 pct in value with a 24 pence jump to 52 after the firmer said it has signed a 30-year thermal coal supply heads of agreement with Indonesia's power utility company PT Ridlatama Bangun Mandiri (PT KBM), adding it will deliver coal at an initial rate of about 840,000 tonnes a year.