kann kanad. coal- Prod. RDA von überfluteter Konkurrenz in Queensland profitieren ???? ( Seite 6)

PRESS RELEASES 11/29/2011 7:04:19 PM | Marketwire News
Royal Coal Announces Financial and Operating Q3 2011 Results

Antwort auf Beitrag Nr.: 42.419.517 von allida am 30.11.11 14:51:14

zahlen zeigen auf, daß die wende mit neuem team offenbar erreicht worden
ist - zu sehen an den erfreul. daten für 10.2011 !!!!

in diesem sinne sehen wir auch div. CAN - beiträge, wie folg. ausm
SH- board..........


Good to see forward progress in October -- and I like these aspects as scale is what we need
Future Opportunities
In October 2011, the Company entered into discussions with various parties to acquire and operate several permitted coal deposits in Kentucky. These discussions are expected to be concluded in the next few weeks.
Sid Mining Project
The Company continues to pursue a contract mining option to develop the project. These discussions are expected to be concluded over the coming weeks, with production commencing shortly thereafter.

Antwort auf Beitrag Nr.: 42.421.023 von hbg55 am 30.11.11 18:03:57nachfolg. der entscheidende auszug der jüngsten PR........


..... Update on Results Subsequent to September 30, 2011

The third quarter represented a significant change in the operations at the Big Branch Mine. A new operating team assumed control and a new mine plan was introduced.

The objective was to increase production, lower unit operating costs and achieve a more efficient and profitable operation. By the end of the third quarter of 2011, the new mine plan was in effect and production and unit costs for October 2011 demonstrate a significant improvement over historical operations.

The Company sold 40,949 tons during the month of October 2011 for gross revenue of $3.0 million or $73 per ton.


....da darf man gespannt sein auf die zahlen für 11.2011 !!!!

PRESS RELEASES 12/28/2011 11:56:42 AM | Marketwire News
Royal Coal Announces Expanded Operations
December 28, 2011 - 11:56:42 AM TORONTO, ONTARIO--(Marketwire - Dec. 28, 2011) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Royal Coal Corp. ("Royal Coal") (TSX VENTURE:RDA)(FRANKFURT:RLC), a US Central Appalachian producer of high BTU, low sulphur thermal coal, is pleased to announce that it has reached an agreement with Novadx Ventures Corp. ("Novadx") - (TSX VENTURE:NDX) and the Ikerd Group of Companies ("Ikerd") pursuant to which Royal Coal will mine and sell the coal at certain leases (the "Leases") held by Novadx and Ikerd in Kentucky, USA on a contract basis, including the Flatwoods mine. In exchange, and subject to regulatory approval, Novadx will be issued 15 million common shares (the "Novadx Shares") of Royal Coal. In addition, Novadx will receive an ongoing cash payment of US$2.50 per ton of coal mined by Royal Coal on the Leases up to an aggregate amount of US$2.5 million (the "Cash Payment"). Once issued, the Novadx Shares will be subject to a 4 month hold period. Subject to regulatory approval, an additional 5 million common shares will by issuable by Royal Coal to Novadx if the average closing price of Royal Coal's common shares is not greater than $0.10 per share over a 30 day period commencing 150 days after the Novadx Shares are issued. Under the terms of the agreement with Ikerd, Ikerd and certain of its creditors will be paid an aggregate royalty of US$2.75 per ton of coal mined by Royal Coal on the Leases.

Commented Novadx CEO Neil MacDonald, "We are very pleased to have reached agreement with all parties to enable Royal Coal to continue mining the remaining coal at the Ikerd properties. Royal Coal is the ideal operator for these properties given their existing infrastructure and proximity to the properties. We are happy to now share in this opportunity through an equity stake in Royal Coal."

"Production from these properties compliment our existing operations including the wholly-owned Charlene Load-Out Facility," commented Tom Griffis, Chairman of Royal Coal.

Royal Coal will also assume all ongoing mining equipment lease obligations necessary to continue operations and has agreed to make further payments to Novadx of approximately US$500,000 (the "Equipment Equity Payment") representing the equity value of the mining equipment on the expiry of the remaining terms of various equipment leases in 2012 and transfer of title to the underlying equipment to Royal Coal.

Certain lawsuits filed by Novadx against Ikerd, as announced on September 27, 2011, will be held in abeyance until all payments under the various agreements have been received by Novadx. In order to effect the settlement the Ikerd companies have agreed to transfer to Novadx remaining outstanding and collectable receivables in the amount of $649,000, Ikerd's residual interest in certain designated mining equipment, as well as all remaining coal inventory, property leases, permits and equipment associated with Ikerd's coal terminal operations located in Somerset, Kentucky and coal lease interests at Ikerd's Flatwoods, Elk Creek, Buncomb and Brushy mines. These coal lease interests together with certain other coal leases acquired directly by Novadx near the Flatwoods mine will be transferred by Novadx to Royal Coal once the above payments are made by Ikerd to Novadx and the full Cash Payment and the Equipment Equity Payment is made, and subject to applicable third party consents.

Royal Coal commenced initial contract mining operations at Flatwoods mine in November and at Elk Creek in December. Royal Coal's production target from the combined properties is 40-45,000 tons per month by February 2012.

Antwort auf Beitrag Nr.: 41.364.112 von ThorVestor am 13.04.11 21:38:24
welcome ALLLLL in 2012 - dieses jahr verspricht ne bessere perf. liefern
zu wollen............mit schönem vol. kommt heute auch der kurs ins laufen....


Recent Trades - Last 10 of 65
Time ET Ex Price Change Volume Buyer Seller Markers


14:07:11 V 0.065 0.01 4,000 7 TD Sec 67 Northern K
14:07:11 V 0.065 0.01 1,000 7 TD Sec 85 Scotia K
14:02:54 V 0.065 0.01 500 57 Interactive 59 PI E
14:01:17 V 0.065 0.01 2,000 9 BMO Nesbitt 85 Scotia K
14:01:17 V 0.065 0.01 3,000 9 BMO Nesbitt 85 Scotia K
14:01:17 V 0.065 0.01 5,000 9 BMO Nesbitt 85 Scotia K
14:01:00 V 0.065 0.01 3,000 1 Anonymous 85 Scotia K
14:01:00 V 0.065 0.01 11,000 2 RBC 85 Scotia K
13:57:57 V 0.065 0.01 500 59 PI 7 TD Sec E
13:57:57 V 0.065 0.01 750 59 PI 7 TD Sec E

Antwort auf Beitrag Nr.: 42.556.582 von hbg55 am 05.01.12 20:37:43nunja, nach einem jahr der umstrukturierung in 2011, könnten 2012 die
ersten früchte fällig werden........nicht zuletzt auch dadurch, daß man
die prod. erheblich steigern will..........


Royal Coal Announces Expanded Operations

TORONTO, ONTARIO--(Marketwire - Dec. 28, 2011) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Royal Coal Corp. ("Royal Coal") (TSX VENTURE:RDA)(FRANKFURT:RLC), a US Central Appalachian producer of high BTU, low sulphur thermal coal, is pleased to announce that it has reached an agreement with Novadx Ventures Corp. ("Novadx") - (TSX VENTURE:NDX) and the Ikerd Group of Companies ("Ikerd") pursuant to which Royal Coal will mine and sell the coal at certain leases (the "Leases") held by Novadx and Ikerd in Kentucky, USA on a contract basis, including the Flatwoods mine.

In exchange, and subject to regulatory approval, Novadx will be issued 15 million common shares (the "Novadx Shares") of Royal Coal. In addition, Novadx will receive an ongoing cash payment of US$2.50 per ton of coal mined by Royal Coal on the Leases up to an aggregate amount of US$2.5 million (the "Cash Payment"). Once issued, the Novadx Shares will be subject to a 4 month hold period. Subject to regulatory approval, an additional 5 million common shares will by issuable by Royal Coal to Novadx if the average closing price of Royal Coal's common shares is not greater than $0.10 per share over a 30 day period commencing 150 days after the Novadx Shares are issued. Under the terms of the agreement with Ikerd, Ikerd and certain of its creditors will be paid an aggregate royalty of US$2.75 per ton of coal mined by Royal Coal on the Leases.

Commented Novadx CEO Neil MacDonald, "We are very pleased to have reached agreement with all parties to enable Royal Coal to continue mining the remaining coal at the Ikerd properties. Royal Coal is the ideal operator for these properties given their existing infrastructure and proximity to the properties. We are happy to now share in this opportunity through an equity stake in Royal Coal."

"Production from these properties compliment our existing operations including the wholly-owned Charlene Load-Out Facility," commented Tom Griffis, Chairman of Royal Coal.


Royal Coal will also assume all ongoing mining equipment lease obligations necessary to continue operations and has agreed to make further payments to Novadx of approximately US$500,000 (the "Equipment Equity Payment") representing the equity value of the mining equipment on the expiry of the remaining terms of various equipment leases in 2012 and transfer of title to the underlying equipment to Royal Coal.

Certain lawsuits filed by Novadx against Ikerd, as announced on September 27, 2011, will be held in abeyance until all payments under the various agreements have been received by Novadx. In order to effect the settlement the Ikerd companies have agreed to transfer to Novadx remaining outstanding and collectable receivables in the amount of $649,000, Ikerd's residual interest in certain designated mining equipment, as well as all remaining coal inventory, property leases, permits and equipment associated with Ikerd's coal terminal operations located in Somerset, Kentucky and coal lease interests at Ikerd's Flatwoods, Elk Creek, Buncomb and Brushy mines. These coal lease interests together with certain other coal leases acquired directly by Novadx near the Flatwoods mine will be transferred by Novadx to Royal Coal once the above payments are made by Ikerd to Novadx and the full Cash Payment and the Equipment Equity Payment is made, and subject to applicable third party consents.

Royal Coal commenced initial contract mining operations at Flatwoods mine in November and at Elk Creek in December. Royal Coal's production target from the combined properties is 40-45,000 tons per month by February 2012.

About Royal Coal

Royal Coal is a coal exploration and production company, headquartered in Toronto, Ontario, Canada with a regional office in Hazard, Kentucky, U.S.A. whose primary business focus is developing producing surface coal mining operations in the Central Appalachian coal producing region of the United States, which includes parts of West Virginia, Virginia, Kentucky, Ohio, and Tennessee.

http://www.winnipegfreepress.com/business/royal-coal-needs-r…

TORONTO - Royal Coal Corp. (TSXV:RDA), a company which trades on the junior Canadian market and produces coal in the U.S. central Appalachian region, has withdrawn a planned financing and warns it may not survive unless it can restructure its debt and get new investment.

Shares were halted on the TSX Venture Exchange pending the news.

In a release late Wednesday, Royal Coal said it had withdrawn a planned financing of shares and warrants announced in mid-January "because it was not able to complete the offering under current market conditions."

The coal producer said it doesn't have enough money to meet its operating needs and debt servicing obligations and needs to restructure its debt to continue operating.

"In addition, price realizations from coal sales have been adversely affected by recent weak thermal coal prices," Royal Coal said.

"While the company is actively pursuing other sources of funds that may be available to fund such needs, additional financing may not be available to it or, even, if available, the terms of such financing might not be favourable to the company and might involve substantial dilution to existing shareholders.

"If the company fails to raise additional funds and restructure its existing debt it is doubtful that it will be able to continue as a going concern.

Royal Coal said it is delaying spending and changing its mine plan in the hopes of getting more production from its Big Branch Mine in eastern Kentucky.

Royal Coal is based in Toronto but is developing coal properties in West Virginia, Virginia, Kentucky, Ohio, and Tennessee.

Antwort auf Beitrag Nr.: 42.792.941 von jerobeam am 23.02.12 05:49:23Wieder so eine Sauerei, was hatten die nicht Alles geplant und versprochen, hier hatte ich Glueck und bin misstrauisch gewesen...