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.

This ones caught my attention.

Started buying today, as my good friend would say, it is a pure punt, not because i think it won't bring big rewards, it's just that i find it hard to value the business. NAV is supposedly 26p and broker targets range from 44p upto 100p. What really takes my fancy is that deal they signed with China's largest state run oil co, now that is not to be sniffed at and for that reason, "I'M IN".

my confidence in your buying skills just dropped kate.

balerboy, i think you'll be pleasantly surprised here in the next few weeks (that's if you hold). Bought a few more this morning and looks like a few have followed me. Could be massive this one (so i'm informed).

I am in at 4.9p so waiting with anticipation...lol

i bought too at same price but in jan 2008!!

saw this go to 1p before going back to 5.5p last week or so.....what a rollercoaster.

anyway i bought these for long term and am hoping of a ten bagger! ah dreams

You didn't take a gamble on an averaging down buy at 1p then.

didnt have enough funds as did that on my larger investmnts which have done really well

looks like Monday could be a big day, the share went from red to blue and finished around 16% up. As we all know with this one, any good news seems to be leaked before the announcement is amde official. The person who got me involved in this one mentioned the possibility of a co called SASOL getting involved as they were looking for a presence in Australia. I've linked their website below and it just shows how big ANR could become, may just be onto a huge company in the making with ANR.

http://www.sasol.com/sasol_internet/frontend/navigation.jsp?navid=1&rootid=1&pnav=sasol&cnav=sasol

You're right - something has woken this up. Large volume and and right at the end of a week too, which seems good.
I'm looking for it to break through the 5.5p level, which looks significant on the chart.

Bring on 2013 and production

Have you lot gone nuts ? : 5 different threads....bonkers !.

then why are u posting pointless comments on them rf!

marni have a day off will you please....there are five threads...can't we pick just one of them to follow...it could be an interesting stock and thread to read but not with bloggs all over the place.

I'm sure it will be an interesting stock this one so yes we'll stick to this thread as it's the most written to of the ANR threads.

MMs have move down the offer earlier but since there is a lot of buying at - plus market - at 3.96p, below middle price, yesterday was around middle price.

btw - THOSE TRADES ARE DONE THROUGH -- Plus Market -

link -- plus markets trades

I selected the share to go up earlier from the "UPS" thread ............

Master RSI - 6 Oct'09 - 12:18 - 110 of 119 edit
ANR 4p (3.90 / 4.10p)

Reason : The selling presure has stop since yesterday and now able to buy at 3.96p below middle price. Had the retracement and now at support is right for a bounce. Has a 100% interest in three exploration licences of coal, capable of conversion into clean liquid fuels, low cost power and high value industrial feedstocks

Intraday
2 month Bollinger Bands,RSI, S Stochastic and 50 days MA

3 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 2 days

select it again as they aren't listening, loads of potential but in the doldrums a ce moment.

A good 250K buy well over NMS and reported 1 hour later after market close.......

Last 5 Trades at Market plus

Trade Date - Time - Price -Volume
06/10/2009 16:07:24 3.96 250,000
06/10/2009 13:38:55 3.96 16,000
06/10/2009 13:22:12 3.96 40,000
06/10/2009 13:19:23 3.96 102,706
06/10/2009 13:15:23 3.96 125,000

kate bates

maybe you should read it again, maybe a bit better buy a couple millions.

It has not move down since, and one can buy it at best price so far on this retracement.

This company takes a lot of time to turn around at the bottom, I had the experience before, but when it move UP it does it fast, so the timing is very important

Wait for tomorrow and most likely paying price is close to offer, and by then, I will take the piss out of " Caty Bites"