Company Profile

Churchill Mining PLC (Churchill or the Company) listed on the Alternative Investment Market (AIM) of the London Stock Exchange in April 2005.

Churchill's business plan is to leverage off the rampant growth currently experienced in China and India and in particular its appetite for raw commodities used as feedstock in its burgeoning steel and energy industries.

The execution of this business plan has been instigated with the acquisition of the Sendawar Coal Project in East Kalimantan, Indonesia as well as continued exploration of the South Woodie Woodie manganese project in Western Australia .

More recently, the company has concluded an Exclusivity Agreement with PT Techno Coal Utama in regard to the highly prospective thermal coal project located in the East Kutai Regency of Kalimantan, Indonesia.

Furthermore Churchill's management continues to assess further opportunities in Australia and southern Asia to acquire quality projects in line with the Company's business plan. Churchill is committed to growing shareholder value by become a leading minerals explorer and future miner at a time of accelerating commodities demand.


Recent Minesite article : http://www.churchillmining.com/pdf/2008/23_01_08.pdf


January 2008 Research note : http://www.churchillmining.com/pdf/2008/reserchnote.pdf

I always read your posts cyril even though i don't post much, been in these a long time over 2 years
Keep posting we may be under the radar at the moment but for how long given the work going on behind the scenes

Churchill are presenting at Proactiveinvestors london Forum on the 17th June!

These are really good evenings, set in a lovely hotel in the heart of Mayfair.

Listen to the presentations, then meet and chat with management informally over wine and canapes.

For FREE registration, click HERE


Nearest tube stations are Green Park (5 minutes walk), and Bond Street (8 minutes walk).

A date for your diary!

Thanks Andy i would think some good news coming, no use presenting if they have nothing new to say

kkeith2000,

Agreed. :-)

Creeping slowly but surely higher, 56p and up 10% over the last week. We're half way through the month referred to in the last RNS,so not to long now and as stated, unlikely to present without something new? With confirmation of 500m.tonne of reserves already expected,perhaps a JV?

A lot of repetative posts covering old ground,so i thought i try using some of the knowns and assunptions to break it up a little with some rough calcs.

Assumming the £8 a share offer was on the table and rejected by the BOD,who wouldn't recommend anything less than £10/share?

Now taking 850,000,000 shares at the time,then i come up with the various values.
Using 0/5%/10% aquired by the bidder at an average of £1.5/share.

At £8 = £6.8billion for 100%
5% 63750,000 + 6460,000,000 = £6523,750,000 total
10% 127500,000 + 6,120,000,000 = £6,247,500,000 total

100% at £10 =£8.5billion

Increase shares on offer to 900,000,000 and assume 20% holding to £2/share average and increase offer to £10.

£360,000,000 + 7200,000,000 = £7580,000,000 total

Increase the holdings to 30% at an average of £2.5/share.

675,000,000 + 6,300,000,000 = £6,975,000,000. total

Another top up for PALA bring their total to 29.36%,stopping just 0.64% short
from a compulsary take over offer?

http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/9315087/Afren-shareholders-revolt-over-pay-for-the-third-year-running.html

Ticking up nicely this am, within a week of the month for reserve confirmation. 2
presentations due shortly, 1stly Minesite on the 16th followed the next day by
the 2nd to Proactiveinvestors.
cyril

Say that the SP went up to 480p without a bid,how many would sell? Quite a few will at least heavily top slice,going by the rumblings of those who missed the last spike,therefore missing the real value that GKP represents?
If i understand correctly,any bid once formal has to be honoured,so jumping at the 1st offer is unwise imho.In fact hanging on to the end will bring the full rewaeds.

cyril,

Yes i am anticipating news before the Minesite presentation on Wednesday morning, and will be suprised if they haven't announced the JORC by then.

Thge Proactive evening has FML as well, and is booking well, so i would advise people that are considering attending booking whilst it's open, as they may close it soon.

Their last event set a new record, and this one will exceed that, and there is a limit on the room.

Is anyone here planning to attend?

Andy did you attend the presentation yesterday and are you planning to attend tonight
Am unable to go to either, a little far to travel for me
I wonder if it will the same the presentation at both

kkeith,

Yes it was!

Here is a recent interview with Paul Mazak, which you should find interesting!

Click HERE

Thanks andy
Nice move up this morning, can't be too long now for some new's

kkeith,

No he said around a month, but then confused things by mentioning "September", but he may have got his wires crossed as he was fired a barrage of questions by an inquisitive audience.

The powerpoint presentation from the evening can be viewed HERE!

Thanks again Andy
The part conveyor system looks impressive but at a cost
I do hope they get funding for that project

Somethings up, over 250,000 traded so far today compare that with just
above 12,000 monday. Is this the official news of resource/reserves we have been expecting?
cyril

Trading volumes are an indicator cyril, lets see what the rest of the week holds

In responce to several e-mails, PM the CEO has confirmed the awaited
independent reserve report(which has been hinted at 500m/tonnes)will be relesed "this week". So if for once he lives up to his word then tomorrow or friday,this should see 10%+ imho, not bad for such a short time scale and will also make it a good long term investment.
aimho
cyril

hmm! .... doesn't look that exciting to me ..... small cap at 47m and non-SETS so sp totally controlled by MMs ..... very small volume 55k and average is only 250k and current spread is 3p - i.e. if 10% move, then little more than b/e

just as importantly, it would seem that these guys don't deliver on time, so all yours!

OUCH,an update which is not we were led to believe.
Taking a long term view it's quite a good one ,with further news next month.But all in all i'm disappointed with the CEO who's over optomistic forecasts leave a bitter taste in ones mouth.


Dear Sirs,



As a regular passenger on the Caerleon Bus Route to Newport, I speak to many people, all of whom are unhappy with the new Bus timetable.



I was discussing the timetable with a driver and that we seem to get 3 buses coming at the same time and this happens on a regular basis throughout the day. He said that suggestions were more than welcome. So I knocked around a few ideas without too much success, I then tried a different approach and hope that you feel it has merit? It would require altering the routes somewhat along with times, but I believe will offer a evenly spaced service throughout Caerleon, whilst still using the same number of buses.

Here is my suggestion.

The No27 bus route altered,

Lodge Rd,turning up Lodge Hill (no Homefarm/Trinity View)before continuing on it's present route,this would become a 20 minute service.

The No. 28 bus,now takes the Riman Way routeof the 28B(cancelled).

To continue after Roman Way and cover the Homefarm/trinity route,continuing on to Newport(via College Glade)this to run every 30 minutes.



The 28B will ceaseto becomebecoming the third 27.

The 29/29B tocontinue as normal.

Having travel on the 27 a time of 5/6 mins is the norm to cover the Homefarm/Trinity View passage.

This would reduce the 27's time by 6mins and increase the 28's by the same.

As a frequent user of the 28B, i feel their is plenty of slack to allow it to make good the extra minutes.

So my efforts at a possible timetable,would be as follows.

From the hour 00

29/29B 00mins


27 00-10 00-30 00-50mins

228 00-15 00-45

Making a running table of

00-00/ 00-10/ 00-15/ 00-30/ 00-45 00-50. Leaving from the Bus Station.

6 Buses to the hour,same as present.


I believe that the benefits of this reworking of the buses would be a timetable that will give drivers a realistic chance of keeping to their schedules, giving passenger a more reliable service and hence improve customer satisfaction, as well as being less stressful for the drivers. The 28B would provide a better service, catering for most Caerleon residents and there would also be more chance for the village passengers to get a seat.



No timetable is perfect, as you know, and I am aware that this would mean one less bus going directly into the University, however, the students could always catch the 28b at Station Road;they are quite comfortable in walking to the university from this stop,or/also the Double Deckers could be employed,therefore increasing the capicity.
The extra time on the bus for those catching a bus at Roman Way,would be compensated by an extra bus per hour.



Finally, there is the issue of the late night scheduling which sees 4 of the last 5 Buses using Lodge Road route, a clear imbalance, which is a safety concern for those of us who live on the College Glade/Ponthir area. We are forced to walk a fair distance in the cold, wet and icy conditions, in the dark, which is dangerous as the street lights are now turned off about 9.30pm, This imbalance leaves passengers open to the elements as well as the safety issue at such hours, and what about those with health conditions that make it difficult if not impossible to walk that far, and hence they don’t go out as they cannot get back due to the lack of buses on their side of the bus route? This problem could be rectified by routing the 11 pm bus via the Star, giving a 3:2 balance on the last 5 buses of the night.



I do hope you consider my suggestions, but I realise that there is a lot more to planning such routes and I am aware the above suggestions are subject to traffic restrictions, but I thought I would give you a foundation to work with.

timely yellow flag i put out yesterday then!

Patience rewarded,took a nice little profit,this is getting close to news.
Over 700,000 traded today so far,unusually high???
cyril

http://www.youtube.com/watch?v=Op6DTpDE3_k

SH-1 and SH-3: Both close to the green blob labelled Shaikan-1B
SH-2: Shaikan-B Location (around 9 km east of SH-1/3)
SH-4: Shaikan-D Location (around 6 km west of SH-1/3)
SH-5: Shaikan-G Location (around 15 km north-east of SH-1/3)
SH-6: Shaikan-C Location (around 18 km east of SH-1/3)

http://www.platts.com/IM.Platts.Content/insightanalysis/podcasts/oilmatters/archive/2011/nov/oilmatters111711.mp3
http://www.w3schools.com/quality/quality_readability.asp


Anyone who really does not like web backgrounds can go to the

TOOLS

menu at the top of the page and click

INTERNET OPTIONS

then near the bottom of the GENERAL tab click

ACCESSIBILTY then check on any 1 OR MORE of the 3 boxes in the FORMATTING
section.

You can experiment with these to find the background that suits you best

You can also change FONTS to suit yourself.

You can then change backgrounds in Desktop (right click) properties, (or personalisation/windows colour/advance appearance settings/window
on desktop menu in Windows 7)


its TOOLS on the internet menu bar not on the ADVFN page

If you dont have it go to top of page and right click. Click Menu Bar option
http://gkpinvestor.proboards.com/index.cgi?action=display&board=tavern&thread=126&page=1#ixzz1q8RB8TnU
http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn%3AGKP.L&it=le&action=detail&id=9602854
http://www.spegcs.org/attachments/studygroups/5/2009_06_PFC%20-%20Expanding%20Knowledge%20Workshop%20Session%202%20-%20SpeakingOilGas.pdf

10000000000 *.25 = 2500000000 * 4.4 = $11,000,000,000
10000000000 * .75 = 7500000000 = .5 = $3,750,000,000
So $14,750,000,000 * .51 = $7,522,500,000 * .648 = £4,874,580,000
£4,874,580,000/9000000000 = £5.416p / share * 1.8 = £9.74
http://seekingalpha.com/article/739961-gulf-keystone-petroleum-what-is-the-14-billion-barrel-shaikan-field-worth