Colonial Coal $CAD #TSXV
Everything being scooped up to $3 a share, trading in a tight range for the last 3 weeks+
Last day of August trading before the long weekend. Is September the month? What an amazing birthday present that would be....
I wish all a great long weekend!
Please have fun but get home safe and sound.
Colonial has 695mt #metcoal and the company is for sale. There is also open areas and the amount of coal is probably much higher.
At $2US/t we are looking at almost $10CA a share. When will that first bid happen?
#stocks #trading #Citibank #mining #steel #wallstreetbets #coaltwitter #Canada
*I own shares #diamondhands
After 4 years as an investor in Colonial Coal $CAD.V I’m starting to recognize David as a close relation of mine (important side note that he’s living on the other side of planet earth). After all I’ve talked to him rather frequently in that period and especially in the past ~2 years the cadence of our talks have picked up.
Yesterday, we talked for close to an hour discussing mostly fundamental elements related to the dependency between Anglo American’s B.C. portfolio and Colonial’s two assets, Huguenot & Flatbed.
Looking at the map, Huguenot (400Mt) sits just in the middle of Belcourt and Saxon that combined holds ~300Mt.
David very highly alluded in the recent interview with @TheTraderLuke that the suitors behind the ~+20 NDAs signed have increasingly been active in Colonial’s VDR since Anglo’s going public with their intention to divest their met coal division.
With the indicated total price tag of ~7bn, one could probably assume a price tag in the range of 3-5bn for the Canadian portfolio that should be the most attractive relative to the Australian due to the royalties and the environmental liabilities of the producing assets in AU.
If you are combining the Huguenot and Belcourt properties into a merged mine, you are looking at ~8Mt/annum. And that’s even without taking Saxon into consideration.
Remember, that David and John were the ones selling Belcourt and Saxon to Anglo back in 2012. They are the ones having done the feasibility studies on these assets. Know the infrastructure requirements. Know the blue sky potential of any additional drilling. Know what it takes to build a coherent and efficient mine plan.
While it’s probably only Glencore that wouldn’t require the insights, capabilities and experience of the two fine gentlemen, especially the Chinese sitting on Wapiti and Murray River - also part of a potential larger puzzle - would definitely benefit from creating a monster of a mine in B.C.
As I’m continuing to expand my knowledge about Peace River, the assets across multiple owners and David & John’s deeply embedded history in this district I’m getting even more excited for what’s coming.
If I was sitting on the other side of the table looking at acquiring $CAD.V and getting told the war stories from David and the dependencies by John, I wouldn’t hesitate long to put a lot of money on the table to secure my long-term supply.
That’s not the same as pulling the trigger first. But I know we will get well paid for our patience here.
Just repeating what I’ve said so many times before:
Bear: $4.8/sh ($1/t)
Base: $7.2/sh ($1.5/t)
Bull: $14.4/sh ($3/t)
But Philip, why hasn’t it happened yet then? Well, in the past we haven’t had one of the most recognized investment bank teams on the tape in Citi Bank across multiple branches led by the M&A lead in the bank.
Sit tight.
🫡
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@CEOAdam Don't forget to try to make sure that your foreign shareholders will be able to vote too.
There are millions of them not being able to vote the last time.
Genauso wie die @fdp gegen das Settlement Discipline Regime (SDR) der #CSDR argumentiert hat und mit daran beteiligt war, dass nun für Settlement Failures (nicht gelieferte Aktien) keine Zwangseinkäufe (mandatory buy-ins) stattfinden.
Allein bei der Clearstream belief sich der Wert für die nicht gelieferten Aktien (#FTDs) nur für das Jahr 2022 auf 608 Billionen Euro.
Eine Durchsetzung der ursprünglich geplanten CSDR hätte tatsächlich einen Nutzen für alle Anleger gebracht. Aber offenbar waren die Interessen und der Einfluss aus der Finanzbranche stärker, als die Interessen der Anleger.
Daher ist es verständlich, dass Sie nun auch PFOF Befürworter waren. Der Privatinvestor wird zur Nummer und soll sich darauf verlassen, dass er im Durchschnitt die "bestmögliche Ausführung" seiner Order erhalten hat. Geködert von "Geiz ist geil" Mentalität trifft seine Auftrag im Regelfall auf internalisierte Orders von mindestens zwielichtigen außerbörslichen Handelsplätzen an denen eine ordentliche Preisfindung fraglich ist.
Und bei ca. jedem 10ten Aktienkauf werden die Aktien im Anschluss nicht einmal zeitgerecht geliefert.
Bei bestimmten Aktien liegt die Dunkelziffer viel höher, aufgrund mangelnder #Transparenz erfährt der Investor hiervon jedoch nichts.
Dieser soll schön den Ball flach halten und sich lieber über die günstige Gebühr für die Order freuen.
Wahlrecht bei Hauptversammlungen bspw. beim Kauf von US Aktien?
Bei 95% der deutschen Broker: Fehlanzeige.
Denn was sind schon die essenziellen Rechte eines Aktionärs wert? Für die #FDP anscheinend ca. 0-1 Euro.
Chapeau.....
Who says we can’t protect biological diversity? Each year, the loss of 10 million hectares of forests gravely impacts biodiversity and ecosystems, exacerbating the effects of climate change. Let’s take a stand for our planet! #BioDiversity 🐾 🌎 https://t.co/pEhzzg1lIs
Gericht spricht von 3,8 Mio #AMC Aktionären, bedeutet 135 Aktien müsste jeder halten für den kompletten Float!
Lets find out!
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@CEOAdam Most (I think over 90%) of German brokers don’t allow us to vote for AMC. @CEOAdam They have there own Clearstream (CSD) and the shares are not held in USA.
DD‼️
Central Securities Depositories Regulation (CSDR)
An enormously important topic for US ALL‼️
Regarding this, a video (in German) by Dominik von Steuben (@BaronvonSteube6), with Bella (@crema_bella), who filed the EU petition to implement the last part of EU Rule 909/2014,
@BaFin_Bund #AMC#APE#GME
Macht die Augen auf...es gibt weltweit Millionen Kleinanleger die seit Jahren betrogen werden.
Wie kann es sein das Privatleute diesen Kampf führen müssen?
Macht euren Job!!!