Australischer Kohle Explorer von Damien Reynolds startet Bohrprogramm, CAN + 42% - 500 Beiträge pro Seite

[Corelianer]

Waratah Coal starts drilling at South Alpha

2007-03-13 10:54 ET - News Release

Mr. Peter Lynch reports

WARATAH COAL COMMENCES DRILLING AT THE SOUTH ALPHA PROJECT

Waratah Coal Inc. has begun a drilling program at its South Alpha project in the Galilee coal basin in Queensland, Australia. The drilling program will test the continuity of significant coal resources on adjacent property, with sufficiently close spacing to be able to estimate inferred coal resources by July, 2007. The South Alpha project benefits from the following:

- large resource potential in a previously unexplored area;

- potentially high-quality thermal coal products;

- close proximity to infrastructure; and

- capacity to achieve results quickly and efficiently (from SRK Consulting's August, 2006, technical report on the Alpha project).

The adjacent property hosts a reported JORC-compliant measured and indicated resource of 2.1 billion tonnes of thermal coal over a 37-kilometre strike length. Waratah's 100-per-cent-owned South Alpha licence and licence applications cover 1,048 square kilometres, extending over 185 kilometres along strike to the north and south adjacent to the historical resource as well as adjacent and downdip, to the west. Coal intersections over the four seams on the adjacent drill line on the tenement to the north averaged a total thickness of 34 metres with the thickest seam 15 metres.

Drilling activities commenced on Friday, March 9. Drill lines are being prepared with the first line ready to drill. Maps indicating Waratah's drilling program and its proximity to the Hancock resources can be viewed at the company website or by contacting the company.

This initial program of drilling has been designed in conjunction with SRK Consulting with the aim of rapidly identifying resources within the four known target seams. The first stage of the program consists of 50 holes, both open hole and partially cored spread over a target resource area covering 110 square kilometres. The first drill rig will be joined by a second rig in late April, 2007, with the aim of completing the program by the end of June, 2007.

The Galilee basin is a known geological basin containing Permian-age high-quality thermal coals which when washed produce a highly marketable export quality product. The main thrust of the Waratah Coal exploration program is to prove the continuity of the known four seams which account for the 2.1-billion-tonne resource on the licence immediately to the north of Waratah's EPC 1040 South Alpha licence. This area was extensively explored in the 1970s by companies including Bridge Oil, Total, Cameco and the Shell Company. The leases have remained dormant since that time with Waratah securing a significant licence position extending over 185 kilometres north-south along the strike of the coal seams, starting from the railway line along the southern boundary of EPC 1040.

EPC 1040 is one of six EPCs and EPC applications held by Waratah in the Galilee basin. Waratah is targeting the potential for a large-scale export thermal coal project, should large tonnages of economically minable coal be identified.

[Corelianer]

Jungfräulicher Chart in Frankfurt, kann sich auf jedenfall sehen lassen.

Die Insiderinformationen von Kanada, lassen darauf schliessen, dass in näherer Zukunft höhere Kurse erwartet werden.

Longview Capitals hällt 4,9 Mio Aktien des Unternehmens.

[Leiness]

Antwort auf Beitrag Nr.: 28.555.183 von Corelianer am 29.03.07 09:20:13

Sag ja: Longview Capital wird/ist die CMGI des Rohstoffexplorationssektors!

Vorläufiges Kursziel 2,50€!

[Corelianer]

Antwort auf Beitrag Nr.: 28.555.497 von Leiness am 29.03.07 09:35:28

Jap, nur hat LV auch ein paar Krücken im Portfolio. Desswegen: Wiso nicht das Depot mit den Longview Perlen Nachbilden?

[Maigret]

Antwort auf Beitrag Nr.: 28.555.183 von Corelianer am 29.03.07 09:20:13

So richtig "in the know" scheinst du aber nicht zu sein. Die Meldung im ersten Posting ist 2 Wochen alt.

Gestern wurde verkündet dass weitere Explorations-Lizenzen unter Dach und Fach sind, deshalb der schöne Anstieg.

[Corelianer]

Antwort auf Beitrag Nr.: 28.556.582 von Maigret am 29.03.07 10:40:09

stimmt

[Frickhasserin]

[Corelianer]

Antwort auf Beitrag Nr.: 28.558.373 von Frickhasserin am 29.03.07 12:04:36

wiso krieg der die Shares so billig für 1.28?
ich hatte ne Order drin zu 1.3, die einfach nie ausgeführt wurde, pöhhh

[Corelianer]

Antwort auf Beitrag Nr.: 28.556.582 von Maigret am 29.03.07 10:40:09

Aktuelle Meldung:

WARATAH COAL ANNOUNCES GRANTING OF ANOTHER COAL EXPLORATION LICENCE IN
THE GALILEE BASIN
March 28, 2007 TSX Venture Exchange
Trading Symbol: WCI
Waratah Coal Inc. is pleased to announce the granting of an additional Exploration Permit for Coal EPC
1039, called Pocky Creek in the Galilee Basin, Queensland Australia. EPC 1039 covering 42km2, is the
second license of a total of six applications forming the basis of a major regional development strategy
centred on the thermal coal resources of the Galilee Basin. Waratah Coal has already started drilling on its
first granted license South Alpha EPC 1040. This new tenement is part of a parcel of four applications
covering the area located immediately north of a known JORC-compliant measured and indicated resource
of 2.1 billion tonnes. The granting of EPC 1039 means Waratah is in position to drill-test the extensions of
the four target coal seams along strike to the north.
Drilling commenced on Waratah Coal’s EPC 1040 South Alpha licence, which adjoins the southern
boundary of the known resource, on Friday the 9th of March. To date, a total of 10 of the planned 50 holes
have been drilled, on schedule. Geophysical logging of the completed holes is scheduled to commence
shortly which will allow the reporting of specific seam intersections. Please visit www.waratahcoal.com to
view maps of the regional licences and applications, as well as details of the newly-granted licence and the
current drill program.
The Galilee Basin is known to contain Permian-age high quality thermal coals which when washed produce
a highly marketable export quality product. The main thrust of the Waratah Coal exploration program is to
prove the continuity of the known four seams which account for the 2.1 billion tonne resource on the
licence immediately to the north of Waratah’s EPC 1040 South Alpha licence, and south of Waratah’s EPC
1039 Pocky Creek Licence. This area was extensively explored in the seventies by companies including,
Bridge Oil, Total, Cameco and the Shell Company. The leases have remained dormant since that time with
Waratah securing a significant licence position extending over 185 kilometres north-south along the strike
of the coal seams, starting from the railway line along the southern boundary of EPC 1040 South Alpha.
About Waratah Coal
Waratah’s strategy is to build shareholder value, through acquisition, exploration and development of coal
projects in Australia. This strategy has being developed by a synthesis of Waratah’s core skills in coal
project evaluation, structured acquisition, exploration and project development and operations, an area
where Waratah executives have significant experience.
Waratah has 32.0 million shares outstanding, has approximately C$2.7 million in cash and no debt.
On behalf of the Board of Directors,
“Peter Lynch”
President, Chief Executive Officer and Director

[Bachelor2009]

huhu??!?!
hat einer infos zu dem ding hier?!?!?

habe was von news am 8.sept. 2007 gelesen?!?!bisher kam nix

[Goedecke]

Antwort auf Beitrag Nr.: 31.499.907 von Bachelor2009 am 10.09.07 14:09:02

Market Regulation Services - Trading Halt - Waratah Coal Inc. - WCI
VANCOUVER, Sept. 10 /CNW/ - The following issues have been halted by
Market Regulation Services (RS):

Issuer Name: Waratah Coal Inc.
TSX-V Ticker Symbol: WCI
Time of Halt: 9:00 EST
Reason for Halt: Pending News

[Bachelor2009]

Antwort auf Beitrag Nr.: 31.501.506 von Goedecke am 10.09.07 15:23:05

675 Million-Tonne Coal Resource Estimated on Newly-Granted Waratah Permit in Galilee Basin
9/10/2007

BRISBANE, AUSTRALIA AND VANCOUVER, BRITISH COLUMBIA, Sep 10, 2007 (MARKET WIRE via COMTEX News Network) --
Waratah Coal Inc (TSX VENTURE: WCI) today announced it had been granted a new exploration permit in the Galilee Basin in Queensland, Australia, opening the way for the company to begin a major expansion of its drilling program.

The new permit, EPC 1053, covers 300 square kilometres and hosts an inferred resource of 675 million tonnes of thermal coal, as estimated by SRK Consulting in August 2007. This permit is the third tenement granted to Waratah in the Galilee Basin by the Queensland Government, with six applications by Waratah still pending. Referred to as the North Alpha Coal Project, the tenement adjoins the company's existing EPC 1039, known as Pocky Creek, which was granted in March 2007. Waratah now has 1,104 square kilometres granted and 4,827 square kilometres in application in the Galilee Basin.

SRK Consulting, independent technical advisors to Waratah, have analysed data from historical drill holes and estimated 675 million tonnes of thermal coal in the inferred resource category on the northern part of North Alpha:

--------------------------------------------------------------- Inferred Resources, August 2007 ------------------------------------------------------Seam Seam Thickness Tonnage Coal Area (m) (Mt) (Square Kilometres)---------------------------------------------------------------AB 10.10 65 4.7---------------------------------------------------------------C 8.70 430 35.5---------------------------------------------------------------D1 0.91 5 2.4---------------------------------------------------------------D2 2.35 145 43.9---------------------------------------------------------------E1 0.78 15 15.6---------------------------------------------------------------E2 0.86 10 9.9---------------------------------------------------------------E3 1.53 5 1.1---------------------------------------------------------------Total 675---------------------------------------------------------------
To see Figure 1, "Location of Waratah Coal's Galilee Basin Exploration Permits Coal (EPCs)" and Figure 2, "Map showing Waratah Coal's most recently granted North Alpha EPC 1053 and the 675Mt inferred resource", visit the News and Events section of www.waratahcoal.com

The five principal coal seams in the Alpha area are sub-bituminous high volatile perhydrous coals suitable for use as steaming coal and potentially liquefaction, gasification and other petrochemical applications. Historical open-hole or partially cored drill holes were drilled by a Shell Development Australia Pty Ltd and Western Mining Corporation Limited joint venture between 1974 and 1976, with one fully-cored hole drilled by Queensland Department of Mines in 1972. All boreholes within EPC 1053 were logged using down-hole geophysical sondes including gamma ray, density, calliper and neutron. These logs accurately determined the seam correlation and seam thickness in all boreholes. SSL Laboratories in Sydney analysed the core samples for Raw Proximate Analysis, Specific Gravity, Total Sulphur and Calorific Value, as well as Washability Analysis, Ultimate Analysis, Ash Fusion Temperatures, Hardgrove Grindability Index, Ash Analysis, and Arsenic, Chlorine & Phosphorous levels.

The Resource model and estimations were developed using the MINEX geological and mine planning software system, a worldwide industry proven system used primarily for coal mining operations. The modelling algorithm used for generating the geological model is the MINEX Growth Technique, a proprietary 2D gridding algorithm which calculates the most-fitting surfaces for coal deposits, taking into account regional trends together with the ability to honour borehole data given the appropriate gridding parameters. The grid mesh size used for modelling the geology at the North Alpha Coal Project is 100 metres.

Geologically, the Galilee Basin covers an area of 247,000 square kilometres in central Queensland, Australia and is entirely intracratonic, filled with Late Carboniferous to Middle Triassic sediments. These rocks are dominantly fluvial in origin with minor glacial material developed at the base of the succession. The Galilee Basin contains extensive coal deposits, largely at depth except for the eastern margin, where the Waratah Coal North Alpha project lies. The basin is almost entirely unconformably overlain by the Jurassic - Cretaceous Eromanga Basin, with the eastern margin of the basin being the only exposed component of the Permo - Triassic sequence.

SRK advises that EPC 1053 has the potential to produce large tonnages of good quality coal at open cut-able depths as well as being suitable for underground longwall mining. SRK recommends that the current information for EPC 1053 should be supplemented by a further exploratory drilling program. The drilling program should be designed to initially define the full extent of the coal resources within the EPC.

Waratah President and Chief Executive Officer Peter Lynch said the new permit would allow the company to formally begin drilling on the northern side of its Galilee Basin interests. "This is an important development for Waratah and marks the beginning of a dramatic increase in drilling activity at our tenements in the Galilee Basin," Mr Lynch said. "Work to date indicates our properties contain a potentially large resource of marketable, export-quality thermal coal."

Exploration of ground in between Waratah's North Alpha and South Alpha projects in the 1970s by companies including Bridge Oil, and the Australian-based subsidiaries of Total, Cogema and Charbonnage de France identified a measured and indicated coal resource of 2.1 billion tonnes, owned by Hancock Prospecting Pty Ltd. The coal seams that make up this resource extend both north and south onto Waratah's EPCs 1053 and 1040. This resource is as reported in the Queenland Coal Resource Inventory, Queensland Coals 14th Edition 2003, Queensland Government, Department of Natural Resources and Mines.

Drilling will begin shortly at North Alpha EPC 1053 and will focus on expanding the size of the North Alpha resource by infilling of the area to the south (see figure 2 - available on the Waratah website).

Waratah has been drilling its 100% owned South Alpha EPC 1040 to the south since March, 2007. To date 39 open chip holes and nine partially cored holes have been drilled by three drill rigs covering an area over 100 square kilometres. The data acquired so far is currently being assessed by SRK. An initial resource estimate for South Alpha EPC 1040 is expected shortly.

Mr Lynch said that, in conjunction with the drilling program, Waratah would begin examining a range of options for infrastructure to transport the coal. The first priority is to demonstrate the project is of sufficient size to underwrite the necessary rail and port infrastructure, he said.

The Qualified Person for this resource estimate is Mr. Patrick Hanna, Fellow of the AusIMM and Principal Coal Geology Consultant with SRK Consulting, who conducted a site visit on EPC 1053 in July 2006.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts: Waratah Coal Inc Peter Lynch President and CEO [phone] E-mail: [e-mail] Henry Wright [phone] E-mail: [e-mail]

SOURCE: Waratah Coal Inc.

[e-mail] mailto:[e-mail]

Copyright 2007 Market Wire, All rights reserved.

[Bachelor2009]

Antwort auf Beitrag Nr.: 31.501.910 von Bachelor2009 am 10.09.07 15:37:47

Market Regulation Services - Trade Resumption - Waratah Coal Inc. - WCI
VANCOUVER, Sept. 10 /CNW/ - Trading resumes in:

Issuer Name: Waratah Coal Inc.
TSX-V Ticker Symbol: WCI
Resumption Time: 10:15 EST

[Popeye82]

Lesezeichen.

[ichwillsjetztwissen]

Noch jemand investiert hier?
Der Handel in Frankfurt ist ja wahnsinnig aufregend.
Man bekommt da auch keine Stücke. Jedesmal, wenn ich aus dem Ask kaufen will, wird hochgetaxt.
Order in CAN kostet mich immer so um die 60€

[ichwillsjetztwissen]

Interessanter Artikel zum Galilee Projekt:
www.longwalls.com/storyview.asp?storyid=117960

[bmh]

Antwort auf Beitrag Nr.: 31.965.922 von ichwillsjetztwissen am 13.10.07 10:34:54

bisher bei mir nur auf watch-Liste, aber interessant, jedoch noch zu hoch. Denke aber, eine interessante Sache, das ... vielleicht ab Dez drin, mal schauen.

[spider39]

http://www.canadianinsider.com/coReport/allTransactions.php?…

die insiderkäufe von DR am 25.10

[Kaitaki]

Antwort auf Beitrag Nr.: 31.501.506 von Goedecke am 10.09.07 15:23:05

Waratah Coal Inc.

TSX VENTURE: WCI
Jan 23, 2008 09:00 ET
Waratah is Pleased to Announce an Increase EPC 1040 South Alpha Inferred Resource to 2.145 Billion Tonnes of Coal
Waratah's Total Inferred Resources Now 2.820 Billion Tonnes in Galilee Basin

BRISBANE, AUSTRALIA--(Marketwire - Jan. 23, 2008) - Waratah Coal Inc (TSX VENTURE:WCI) today announced the upgrading of its estimate from 1.470 billion tonnes to 2.145 billion tonnes of inferred coal resource at Waratah's South Alpha project Galilee Basin, Queensland, Australia.

This revised estimate comes with the inclusion of recently completed boreholes, the return of additional bore core analysis and the granting of EPC 1079 which flanks EPC 1040 down dip to the west. In addition, several "infill" boreholes have been drilled to improve structural confidence of the resource. These boreholes have allowed extrapolation of the resource and will, with further infill, assist in the upgrading of the JORC resource status.

This inferred resource lies 60 kilometres south of the 675 million tonne inferred coal resource at Waratah's North Alpha EPC 1053 project, announced September 10, 2007. The combined inferred resource from both the North Alpha project and today's newly-expanded South Alpha project totals 2.820 billion tonnes. Waratah is continuing to explore both the EPC 1053 and adjacent EPC 1039 tenements and to date results are promising.




Highlights include:
- Highly continuous, shallow dipping coal seams
- High-quality, low-sulphur thermal coal
- 60 kilometres along strike from Waratah's 675 mt North Alpha resource
- Drilling continues to track the seam strike to the south in the South
Alpha lease and west into the newly granted EPC 1079.


SRK Consulting, independent technical advisors to Waratah, have reviewed
data from 47 open and partially-cored boreholes and subsequent resource
modelling to validate the following inferred resource category on the
northern portion of the South Alpha permits 1040 and 1079.


Table 1: Inferred resources, South Alpha


---------------------------------------------------------
Inferred Resources South Alpha
January 2008
---------------------------------------------------------
Seam Seam Thickness Tonnage Coal Area
(m) (Mt) (km2)
---------------------------------------------------------
B 6.42 999 89.9
---------------------------------------------------------
C 1.84 313 111.3
---------------------------------------------------------
DT 2.09 384 123.5
---------------------------------------------------------
DB1 0.60 115 126.0
---------------------------------------------------------
DB2 1.76 334 126.5
---------------------------------------------------------
Total 2,145
---------------------------------------------------------





Drilling continues with two rigs moving south and west on 2 kilometre spacing and a further drill rig infilling. The resource will be periodically updated as further results come to hand. As previously stated by SRK:

"These resources are expected to extend to the south of the drilling area as indicated by the strike and dip of the strata. The northern boundary of EPC 1040 is located at the southern boundary of existing defined JORC Code compliant resources at Alpha and Kevin's Corner of 2.05 billion tonnes of coal. This boundary is artificial and constrained by a property boundary fence line. The prospect generally has the potential to produce high tonnages of good quality coals at shallow overburden depths, and is located near roads, rail and basic infrastructure. The structurally benign geological environment may make the seams amenable to underground longwall mining."

Coal quality tests confirm that the seams average 0.5% sulphur, with an average calorific value of 26 MJ/kg or 11,202 Btu/lb on a washed or beneficiated basis. For comparison, the Barlow Jonker Index of spot prices is currently US$90.15 per tonne FOB as of January 17, 2008 and is based on export thermal coal at the Newcastle, Australia coal terminal with a calorific value of 28 MJ/kg and a sulphur content of 0.8%.

To view Figure 1, the chart showing the Australian Thermal Coal Spot Price Ex-Newcastle, please visit the following link http://www.ccnmatthews.com/docs/figure_1.jpg.

Mr. Peter Lynch, CEO of Waratah Coal noted "We now have identified a combined inferred resource of 2.820 billion tonnes in the Galilee Basin, with the coal seams open along strike and down dip. With the granting of EPC 1079, Waratah can now extend its drilling down dip to the west. Three drills are currently operating in the southern tenements and two in the northern tenements continuing to expand and improve Waratah's resources.

Whilst the resource upgrade is pleasing, drilling has been hampered by the early onset of long overdue Queensland wet season. This is a far change of fortune for landholders in the area who have suffered from over fifteen years of drought and whilst Waratah's exploration has been mildly affected we are overjoyed for the landholders with whom we work closely in the field."

Waratah continues to study various mining and infrastructure options necessary to efficiently exploit these deposits and others in the Basin.

Waratah Coal has to date been granted five Exploration Permits - Coal over 2,155 km2 in the Galilee Basin with a further 2,732 km2 in application. Waratah's North Alpha and South Alpha permits are adjacent to Hancock Prospecting Pty Ltd's MDLA 333 and EPC 570/MDLA 285 permits, which is reported to host a measured and indicated coal resources of 2.1 billion tonnes as reported in the Queensland Coal Resource Inventory, Queensland Coals 14th Edition 2003, Queensland Government, Department of Natural Resources and Mines.

To view Figure 2, the location of 2.145 Bt Inferred Coal Resources on Waratah Coal's EPC 1040 and 1079 Galilee Basin, please visit the following link http://www.ccnmatthews.com/docs/figure_2.jpg.

To view Figure 3, the cross section through the third line of drilling at Waratah Coal's EPC 1040, please visit the following link http://www.ccnmatthews.com/docs/fig_3.pdf.

Waratah commissioned a full range of coal quality analyses on the cored sections on a ply-by-ply basis. The results were then composited into full seam sections and washability analyses were conducted at cumulative Float/Sink 1.50 (F1.50) fraction on the South Alpha coal. Results for the washed product are shown in Table 2.




Table 2: Washed coal results


---------------------------------------------------------------------
WASHED COAL (F1.50)
---------------------------------------------------------------------
SEAM Yield Air Dried Ash % Volatile Fixed Total Calorific
Moisture Matter Carbon Sulfur% Value
---------------------------------------------------------------------
(%) ad(%) ad(%) ad(%) ad(%) ad(%) ad(MJ/kg)
---------------------------------------------------------------------
B(i) 56.4 8.1 18.4 30.3 43.2 0.37 23.81
---------------------------------------------------------------------
C 69.3 7.6 10.9 35.3 46.3 0.80 26.63
---------------------------------------------------------------------
DT 60.4 7.4 11.1 33.2 48.4 0.57 26.31
---------------------------------------------------------------------
DB1 85.5 6.5 10.4 34.2 49.1 0.46 27.27
---------------------------------------------------------------------
DB2 86.7 7.6 7.4 34.4 50.7 0.49 27.81
---------------------------------------------------------------------
(i) Only early F1.6 washability data available. No F1.50 washability data
at this date





The announced resource is now based around a total of 47 partially cored and chip holes for structural confidence. The boreholes were drilled by two truck-mounted Mayhew 1000 drilling rigs. Each borehole was wireline logged by Geoscience Associates (Australia) Pty Ltd geophysical logging equipment. Bed resolution density, short spaced and long spaced density, gamma and calliper logs were run in all boreholes. These logs were used to clearly identify the seam correlations and core recovery. All cored sections were logged by the site geologist for detail lithological descriptions. Core losses were re-constructed from the wireline logs. After reconciliation with the wireline logs, seams were split into plies for laboratory analysis. Coal core samples were sealed in plastic bags and despatched to ACIRL Pty Ltd laboratories in Emerald, Australia for analysis. The samples were prepared in laboratory conditions in accordance with Australian standards.

The data used in this report was supplied by Waratah Coal's Exploration Manager, David Campbell. The data was adjusted to the downhole geophysical logs and these intervals were further validated by Waratahs Senior Coal Geologist, Andrew McLaughlin.

The information was then processed in Minescape, a proprietary 2-Dimensional modelling system which calculates the best fitting surfaces for coal deposits, taking into account the regional trends together with the ability to honour the borehole data given the appropriate modelling parameters.

Coal tonnage calculations have also been upgraded to reflect actual seam densities from the suite of 15 cored borehole raw coal analyses obtained from ACIRL. Prior to all this recent core analysis a conservative RD of 1.40 had been applied. Washed product analysis (Float 1.50) have not changed from previous announcements and yields now reflect the true seam densities.

SRK provided a third party peer review of these results. Their validation process included cross checking the downhole geophysical logs with the data presented. The new model developed was then scrutinised using seam thickness, structure contours and cross sections to ensure validity and endorsed by SRK.

To see maps and sections, visit the News and Events section of www.waratahcoal.com, or contact the company.

Geological Overview

The seams in the Alpha area are sub-bituminous high volatile perhydrous coals suitable for use as thermal coal and potentially liquefaction, gasification and other petrochemical applications. There are five principal coal seams developed at the South Alpha Project which have defined continuity and significant resources.

The seams dip gently (0.5 to 1.0 %) to the west, and appear to be structurally continuous with little, if any, faulting. The seams are within the Galilee Basin, which covers an area of 247,000 km2 in Central Queensland. This basin is entirely intracratonic and is filled with Late Carboniferous to Middle Triassic sediments. These rocks are dominantly fluvial in origin with minor glacial material developed at the base of the succession.

The Galilee Basin contains extensive coal deposits, although these are largely very deep except for the eastern margin, where the Waratah Coal South Alpha project lies. The basin is almost entirely unconformably overlain by the Jurassic - Cretaceous Eromanga Basin. The eastern margin of the basin is the only exposed component of the Permo - Triassic sequence.

Within EPC 1040, Quaternary alluvials and Tertiary sands, clays and laterites unconformably overlay the distinctive grey-greenish Triassic mudstones and claystones of the Rewan Formation (Fm). The Rewan Fm, in turn, unconformably overlays the Late Permian shales, siltstones, sandstones and coal seams of the Bandanna Fm. The Quaternary sediments comprise of unconsolidated alluvial sands ranging in thickness from 0 m to 30m. The Tertiary comprise of unconsolidated to semi-consolidated sediments ranging in thickness from 30m to 125m. Within EPC 1040, the Quaternary and Tertiary combine to form a thick cover of overburden ranging from 95 m to 125 m over the Bandanna Fm. The Rewan Fm, consisting of Triassic competent claystones and siltstones, is situated unconformably between the overlying Tertiary and the underlying Late Permian Bandanna Fm. The Bandanna Fm and the Colinlea Sandstone comprises of lithic sandstone, siltstone, claystone, carbonaceous mudstone and five coal seams. The upper two (seams A and B) occur in the Bandanna Formation and the lower three (seams C, D & E) in the Colinlea Sandstone.

The Qualified Person for this resource estimate is Mr. Patrick Hanna, Fellow of the AusIMM and Principal Coal Geology Consultant with SRK Consulting, who conducted a peer appraisal on EPC1040/1079 on January 18, 2008. The resource estimates were compiled using data supplied by Mr David Campbell, Fellow of the AusIMM and Vice President Waratah Coal and modelling by Mr Andrew McLaughlin, Member of the AusIMM, and Senior Coal Geologist Waratah Coal.

Investors and shareholders are encouraged to review the information relating to the company's projects on its website www.waratahcoal.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

[cando2007]

Hier riecht nach Asche!!!

[cando2007]

Hätte man diese Aktie in China platziert, bei der Schneekatastrophe würde sich verzehnfachen!

[wasn]

[wasn]

Mar 14, 2008 18:08 ET
Waratah Coal Inc. Announces Increase to Brokered Private Placement

BRISBANE, AUSTRALIA and VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 14, 2008) - Waratah Coal Inc. ("Waratah" or the "Company") (TSX VENTURE:WCI) announces that it has increased the size of the private placement previously announced in the press release of the company dated March 13, 2008 to offer for sale an additional 4,761,905 units of the Company ("Units") bringing the total number of Units to be offered for sale to 12,698,413 (the "Offering"). The Units will be offered for sale at a price of CAD$3.15 per Unit for aggregate gross proceeds of CAD$40,000,000.95. Each Unit consists of one common share of the Company (a "Share") and on-half of one purchase warrant ("Warrant"). Each whole warrant will entitle the holder to purchase one Share at an exercise price of $4.50 for a period of 24 months from the date of closing the Offering. All terms and conditions previously announced in the press release of the Company dated March 13, 2008 remain the same.

About Waratah

Waratah's strategy is to build shareholder value, through acquisition, exploration and development of coal projects in Australia. This strategy is being developed by a synthesis of Waratah's core skills in project evaluation, structured acquisition, exploration and project development and operations, an area where Waratah executives have significant experience. Seven coal projects have already been acquired, with more in application, and drilling programs well underway at Waratah's South Alpha project and Nymboida project. Recent drilling confirmed the presence of premium quality coking coal at the Nymboida Project and extensive coal seams in the Galilee Basin.

Waratah has approximately 40 million shares outstanding, has approximately CAD$5.5 million in cash and no debt.

On behalf of the Board of Directors,

Peter Lynch, President, Chief Executive Officer and Director

This press release does not constitute an offer to sell or a solicitation to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended ("the U.S. Securities Act") or any state securities law and may not be offered or sold in the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Cautionary language:

Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Waratah Coal's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Waratah Coal. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Waratah Coal's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Waratah Coal's filings with the Canadian securities authorities. Accordingly, holders of Waratah Coal shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Waratah Coal disclaims any responsibility to update these forward-looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact
Waratah Coal Inc.
Peter Lynch
[phone]
Email: [e-mail]

or

Waratah Coal Inc.
Spiro Kletas
[phone]
Email: [e-mail]

[Public_Relations]

WARATAH COAL verfügt damit jetzt über die größte undeveloped Coal Resource Australiens!

[Public_Relations]

KOHLE BOOMT - JETZT KAUFEN!

nur meine Meinung

[Public_Relations]

Der Kohlepreis rast von Rekordstand zu Rekordstand, dementsprechend sehen die Charts sämtlicher Kohleaktien aus. Eigentlich sind es schon gar keine Chartbilder mehr, sondern senkrechte Pfeile nach oben!

Waratah Coal ist mein Favorit, weil sie über eine größere Resource verfügen, als die meisten anderen Corporates zusammen!

[Public_Relations]

Sehr hohes Volumen heute an der TSX

Bei gleich drei drill rigs im Einsatz, die nächste Resourcenerhöhung um ein paar Milliarden Tonnen?

[wasn]

Antwort auf Beitrag Nr.: 33.901.293 von Public_Relations am 16.04.08 18:50:14

schau dir mal red hill an, vll. für dich ebenfalls interessant

http://www.wallstreet-online.de/diskussion/1140120-1-10/red-…

[Public_Relations]

Antwort auf Beitrag Nr.: 33.901.327 von wasn am 16.04.08 18:54:01

Danke! Schau ich mir an.

Ich bin seit einiger Zeit schwer an Kohle interessiert! Das hast du gut erkannt. Man muss auch fasziniert sein, bei den Charts und Preisen und Aussichten.

Hab noch Coal of Africa im Fokus.

Waratah hat aber eine wahrhaft GIGANTISCHE Ressource und das geht gerade erst richtig los. Für vier weitere Projekte gibt es noch gar keine Ressourcenschätzung.

Schönen Abend wünsch ich.

Public.

[Public_Relations]

Auswertung per BM.

[Public_Relations]

Starke Zugewinne an der TSX, die großen Blöcke wurden abgeräumt und gekauft! Jetzt schon 2,90 CAD

[Public_Relations]

Starkes Finish! Zurecht!

Mit jedem Dollar, den Öl teurer wird, rückt Kohle wieder in den Vordergrund!

Fast alle Kohlewerte sind heute wieder dunkelgrün

Waratah ist DER Wert überhaupt unter den Kohle-Aktien.

Aber bitte einfach selber informieren

[Public_Relations]

Und auch heute

natürlich wieder grün

[Public_Relations]

Die 3 CAD Marke ist eine harte Nuss

Bisher gab es noch keinen enzigen Monat ohne (meist sogar zahlreiche News) bei Waratah, da es in diesem Monat noch keine gab, würde ich doch mit ziemlicher Sicherheit meinen die 3 CAD sind noch diesen Monat Geschichte!

[hobiewaters]

Hallo,
interessanter Kohlewert. Habe gerade einen Bericht über Aktien-Review zu Waratah bekommen mit strenger Kaufempfehlung aufgrund erheblicher Unterbewertung in Bezug auf die vorh. Resourcen.

Frage: Gibt es eigentlich eine Zeitschiene für die Exploration der Properties von Waratah? In den Präsentationen auf der HP habe ich nichts dazu gefunden...

hobiewaters

[heinrich1900]

Hi,

unter sedar.com ist der (NI 43-101) Report für das Galilee Basin zu finden, daher der Kursanstieg. Hier ein kleiner Auszug, werden wohl demnächst in Toronto gelistet, dann bekommt die Aktie die Aufmerksamkeit, die sie verdient.


Waratah Coal Pty Ltd (Waratah Coal) has been granted tenements to the South Alpha Coal Project, EPC
1040 and EPC 1079 (the subjects of this report), located in the Galilee Basin of Queensland, Australia. The
tenements have the potential to produce thermal coal product based on information from recent drilling data
which covers the northern part of the Project area. Based on the drilling data, an Inferred Coal Resource of
2,145 Million tonnes (Mt) has been delineated in accordance with the JORC Code (2004). These resources
are expected to extend to the south of the drilling area as indicated by the strike and dip of the strata.
The northern boundary of EPC 1040 is located at the southern boundary of existing defined JORC Code
compliant resources at Alpha and Kevin’s Corner of 2.05 Billion tonnes of coal. This boundary is artificial
and constrained by a property boundary fence line. EPC 1079 flanks EPC 1040, Alpha and Kevins Corner to
the west and is down dip of the known resource.
The prospect generally has the potential to produce high tonnages of good quality coals at shallow
overburden depths, and is located near roads, rail and basic infrastructure. The structurally benign geological
environment may make the seams amenable to underground longwall mining.
With a proven management team and low sovereign risk, Waratah Coal has the capacity to quickly add value
and develop the South Alpha Coal Project with minimal expenses.
SRK believes the EPC 1040 and EPC 1079 tenements controlled by Waratah Coal have the following
attributes:
• Large Resource potential in a greenfield area
• Good quality of coal products
• Close proximity to infrastructure
• Capacity to achieve results quickly and efficiently.
2 Introduction
SRK Consulting (Australasia) Pty Ltd trading as SRK Consulting (SRK) has prepared an independent
evaluation of the coal tenements known as South Alpha Coal Project controlled by Waratah Coal.
The purpose of the evaluation is to provide an objective assessment of the coal tenements in accordance with
the Canadian National Instrument 43-101 for public reporting. SRK understands that Waratah Coal
proposes to include the SRK report in a prospectus pursuant to a proposed listing on the Toronto Stock
Exchange.Waratah Coal’s exploration tenements EPC 1040 (South Alpha Coal Project), EPC 1039, EPC 1053, EPC
1079 and EPC 1080 are located in Queensland, Australia (Figure 2-1 and Figure 2-2).
Data for Queensland Exploration Permits for Coal (EPC) have been sourced from the open files on the
Queensland Government Department of Natural Resources, Mines and Water on-line service, QDEX, for
digital exploration reports.

[heinrich1900]

WARATAH COAL INC. UPGRADED TO
TIER 1 STATUS
June 23, 2008 TSX Venture Exchange
Symbol: WCI
Brisbane, Australia and Vancouver, British Columbia, Canada - Waratah Coal Inc. ("Waratah" or the
"Company") is pleased to announce the Company has been advised by the TSX Venture Exchange
(the “Exchange”) that its listing classification has been upgraded from Tier 2 to Tier 1.
Tier 1 is the Exchange’s premier tier and is reserved for the Exchange’s most advanced issuers with
the most significant financial resources. Tier 1 issuers benefit from decreased filing requirements
and improved service standards.
Mr. Peter Lynch, President and Chief Executive Officer of Waratah said “We are extremely pleased
to be part of this select group of companies. The Company continues to progress in all areas of its
business as is evidenced by this change in Tier status. In an effort to maintain continued growth we
are reviewing opportunities for listing on a senior exchange. The Company is also continuing the
application process for a dual listing on the Australian Stock Exchange as we previously
announced.”
Waratah’s trading symbol remains WCI.
About Waratah
Waratah's strategy is to build shareholder value, through acquisition, exploration and development
of coal projects in Australia. This strategy is being developed by a synthesis of Waratah's core skills
in project evaluation, structured acquisition, exploration and project development and operations, an
area where Waratah executives have significant experience. Seven coal projects have already been
acquired, with more in application, and drilling programs well underway at Waratah's South Alpha
project and Nymboida project. Recent drilling confirmed the presence of premium quality coking
coal at the Nymboida Project and extensive coal seams in the Galilee Basin.
Waratah has approximately 55 million shares outstanding, has approximately CAD$43.0 million in
cash and no debt.

[grasgruener]

Waratah Coal increases South Alpha inferred resources


2008-06-24 09:19 ET - News Release

Mr. Peter Lynch reports

WARATAH ANNOUNCES GALILEE BASIN TOTAL OF INFERRED RESOURCES NOW 4.355 BILLION TONNES

As a result of recent drilling Waratah Coal Inc. has increased its South Alpha (EPC 1040 and EPC 1079) inferred resource to 3.380 billion tonnes.

At Alpha North (EPC 1053 and EPC 1039) Waratah Coal has already identified inferred resources of 0.975 billion tonnes. This brings Waratah's total of inferred resources to 4.355 billion tonnes.


SOUTH ALPHA INFERRED RESOURCES

Seam Inferred resource (million tonnes)

B 1700
CU 110
C 440
DUR 10
D1 465
DB1 230
DB2 410
D2 15
----
Total 3380
====



Additionally a resource target(i) of range 675 million to 840 million tonnes has been identified.



SOUTH ALPHA EXPLORATION TARGET

Seam Exploration target (million tonnes)

B 290 - 330
CU 0 - 5
C 145 - 165
DUR 0 - 5
D1 90 - 120
DB1 60 - 90
DB2 90 - 120
D2 0 - 5
---------
Total 675 - 840
=========

(i) Note: The exploration target
outlined herein is derived from down
hole geophysically logged bores which
readily define correlated coal
intersections. At this stage insufficient
exploration has occurred and as no coal
quality is yet available within the target
areas the exploration targets should
therefore only be used as a guide. It is
uncertain that further exploration will
define a resource.


Despite severe weather restrictions in the first quarter of 2008 Waratah has managed to drill 42 chip and partially cored holes at South Alpha. All holes have been geophysically logged. Coring has lagged due to the conditions but is now on track in the exploration target locations.

Drilling continues in both the South Alpha and North Alpha EPC's with five drill rigs currently in the field. A further four rigs will be deployed in the Galilee basin by third quarter of 2008.

The focus of drilling in South Alpha will be as follows:


Two rigs will be deployed to infill the main resource area sufficiently to allow it to be upgraded to reserve status as part of the current prefeasibility study;
One drill rig will complete coring in the exploration target area in order to raise it to inferred resource status;
A further two rigs will test the current resource extension to the south along strike and to the west down dip.

In North Alpha rigs will be used as follows:


Two rigs will infill the gap between the two known inferred resources;
Two rigs will advance down dip into EPC 1039 and EPC 1080.

Waratah's 100-per-cent-owned Galilee licences and applications now cover more than 15,000 square kilometres, extending over 240 km along strike to the north and south adjacent to the historical resource as well as adjacent and down dip, to the west.

EPC 1040 and EPC 1079 are just two of 20 EPCs and EPC applications held by Waratah Coal in the Galilee basin.

Waratah Coal is currently conducting a prefeasibility study for a very large scale export thermal coal project and this expansion of inferred resources and exploration targets will provide further impetus for this process.

To view the chart showing the Australian thermal coal spot price ex Newcastle, view this announcement on the Waratah Coal website.

Coincidently thermal coal prices continue to firm with the Barlow Jonkers thermal coal index reaching $159.60 (U.S.) last week.

The qualified person for this resource determination is David Campbell, fellow of the AusIMM and vice-president of exploration, Waratah Coal. Geological modelling and initial resource estimation were conducted by Andrew McLaughlin, member of the AusIMM and senior geologist, Waratah Coal.

Geological overview

[Popeye82]

Waratah Coal Nachkaufgelegenheit - Hot Stocks Investor - 14.07.2008
http://aktiencheck.de/analysen/artikel.m?id=1774621&menue=Au…

[Popeye82]

Antwort auf Beitrag Nr.: 33.895.922 von Public_Relations am 16.04.08 10:54:18

das dürfte glaub ich nicht ganz hinhauen -aber fast.

[Popeye82]

Antwort auf Beitrag Nr.: 33.902.476 von Public_Relations am 16.04.08 20:52:58

Jup, sie haben ja ringsherum laufend noch Gebiet hinzugekauft. Wo das Ende sein wird, hab ich keine Ahnung -aber bei den gut 4Mrd. t ganz sicher noch nicht!!

[heinrich1900]

Waratah Coal Plans A$5.3 Billion Queensland Project (Update1)

By Angela Macdonald-Smith

July 15 (Bloomberg) -- Waratah Coal Inc., a Canadian mining company with investments in Australia, plans to invest A$5.3 billion ($5.2 billion) in a coal mine and export port in northeastern Australia to tap rising prices for the fuel.

Waratah's planned mine near Alpha may initially produce 25 million metric tons a year of power-station coal, while the port, between Rockhampton and Mackay in central Queensland, would have a capacity of as much as 100 million tons a year, the Queensland government said today in an e-mailed statement. The project includes a 495-kilometer (308-mile) rail line.

Prices for power-station coal rose to a record earlier this month amid rail and port bottlenecks in Australia and South Africa and rising demand from Asian electricity producers. The port would be the first new coal-export harbor built in Australia for 25 years and would open up the Galilee Basin coal resources for export.

``The Galilee Basin is Australia's biggest undeveloped coal province, with an ultimate resource potential in excess of 20 billion tons,'' Waratah Coal Chief Executive Officer Peter Lynch said in a separate e-mailed statement. ``This is essentially a 50- to 100-year project.''

Coquitlam, British Columbia-based Waratah Coal said it is in talks with potential partners and third-party users of the rail and port systems. The company yesterday appointed ABN Amro Morgans as the sponsoring broker for a planned share listing on the Australian Stock Exchange.

[DaenischeSuedsee]

Hi zusammen, interessantes Unternehmen und Projekt

bin bei der Recherche gerade auf 'n paar Informationen gestoßen die ich der
Allgemeinheit zur Verfügung stellen möchte

Uses of Coking Coal
Coking coal is a very important resource. It begins its useful life as bituminous coal, high quality, high in carbon, and very black. This material is then heated in large, airless ovens, where nearly all of the coal?s impurities are burned off. Left behind is a foam-like, hard material made nearly entirely carbon, which is called coke.

Coke is used as fuel in blast furnaces. When burned, it provides consistent, clean heat at very high temperatures. These furnaces are used to turn iron ore into metal.

Coking coal is also necessary ingredient in the production of steel. Steel requires carbon, and since coke is nearly 100% carbon, it works nicely.

The impurities that are burned off from the coal during the production of coke are used as well. The gases and vapours are collected to produce refined coal tar, which is used in such things as plastics, explosives, and dyes, as well as chemicals such as ammonia which are used in fertilizers.

Metallurgical Coal:
Metallurgical Coal is used in the process of steel making.

Thermal Coal:
Thermal coal is by far the most common, and cheapest coal. It is used in the production of electricity at thermal power stations. The coal is first crushed or pulverised, and then burnt in large boilers. These boilers create steam, which in turn drive the turbines that create electricity. Also, thermal coal is used as a fuel in the manufacture of cement, bricks and tiles. It is used for heating and processing, and as a raw material in the creation of chemical, industrial and household products. Due to its relative inexpense, thermal coal is also used in the process known as pulverised coal injection (PCI) in steel production. In the process, thermal coal is mixed with coking coal at a ration of about 1:5, and then pulverised down to a powder before being injected into the blast furnace during firing. The use of PCI allows steel to be produced much cheaper. The coal is used much more efficiently, and steel mill are provided with the opportunity to use cheaper thermal coal in the place of some of the more expensive coking coal.

http://www.bcminerals.ca/files/bc_mine_information/000136.ph…

[DaenischeSuedsee]

Presse von gestern:

Queensland mulls three proposals from mining Corporations to develop coal resources
(RTTNews)
Updated: 2008-07-16

Premier Anna Bligh of the Australian state of Queensland in a statement on Tuesday announced a trifecta of proposals from major mining companies, which could lead to, among other things, the construction of Australia's first port for coal export at Queensland. The three proposals, titled Galilee Coal Project proposal, Bowen Basin Coal Growth Project proposal, and Wandoan Coal Project proposal, is envisaged to deliver a "quantum leap" for Queensland's coal industry by increasing its coal exporting capacity by 40%.


The first and largest of the three projects under consideration is the A$5.3 billion Galilee Coal proposal by Waratah Coal Inc., a Canadian mining company with investments in Australia. The project incorporates a large-scale mine near Alpha in Central Queensland with a potential to produce 25 million tons of thermal coal for export every year and a new port near Shoalwater Bay between Rockhampton and Mackay having a capacity of up to 100 million tons of coal per year.


The premier noted that a new 500 km rail line is being considered to connect both places helping in opening the region to coal exports. . .

http://www.chinamining.org/News/2008-07-16/1216175597d15276.…

[tupper]

4 Mrd t Thermalkohle!
An jeder Tonne lassen sich ca. 100$ verdienen.
Das wäre dann ja ein Schatz von 400 Mrd $, der dort unter der Erde liegt! 5 Mrd $ für Bahnlinie und Hafen sind da ja nur ein Klacks!

Aber was davon gehört Waratah? Hat man Abbaurechte oder nur Explorationsrechte?
Falls man Besitzrechte hat, sollten die doch auch in den Aktiva der Bilanz auftauchen.

[DaenischeSuedsee]

Lynch mob on the move

PETER Lynch is an admirer but not an imitator of Andrew Forrest. The so-called “Twiggy” of Australian coal is most definitely his own man and has runs on the board – going back to his university days in Sydney – to prove it. Nevertheless his vision for Queensland’s Galilee Basin is every bit as grand and visionary as that which has transformed Western Australia’s Pilbara region.


60 seconds with Peter Lynch

GIVEN your popularity at university, if you weren’t in mining would you be in politics?

http://www.highgrade.net/

[DaenischeSuedsee]

Queensland Rail may spend AUD 3.75 billion to meet demand

Bloomberg reported that Australia's largest coal transporter Queensland Rail may need to double an AUD 3.75 billion spending plan for trains and new railroads to meet surging demand from mining companies.

. . .

Queensland is spending AUD 9 billion on new ports and railroads to double exports within 20 years. Queensland Rail's largest expansion plan is for the Goonyella network, which hauls coal from mines to ports on the state's north coast.

http://www.steelguru.com/news/index/2008/07/29/NTY1MzY%3D/Qu…

[DerBergderruft]

was für ein Minus..... ca. 75 % Tagesminus...

[Don_Lope_de_Aguirre]

Antwort auf Beitrag Nr.: 34.999.147 von DerBergderruft am 05.09.08 16:44:08

Schockierender Tag für Waratah Aktionäre...

Aber es gibt Hoffnung...

Australia Rejects Waratah's A$5.3 Billion Coal Mine (Update2)

By Angela Macdonald-Smith and Jesse Riseborough

Sept. 5 (Bloomberg) -- Australia's Environment Minister Peter Garrett rejected a proposal by Canada's Waratah Coal Inc. to build a A$5.3 billion ($4.3 billion) mine, port and rail project in Shoalwater Bay in Queensland state.

The proposal would have ``unacceptable impacts'' on the Shoalwater and Corio Bay wetlands and was rejected under the Environment Protection and Biodiversity Conservation Act 1999, Garrett said today in an e-mailed statement. The minister asked Waratah to submit a revised proposal.

Waratah wants to start shipments by 2012, and had started talks with partners to help fund the project, which may initially produce 25 million metric tons of power-station coal a year, Chief Executive Officer Peter Lynch said in July. The project would have been Australia's largest coal mine by output with plans to double production to 50 million tons.

``I have rejected this proposal because of the impacts the route of the rail line and the location of the coal port would have on the environment,'' Garrett said in the statement. ``This decision does not prevent an alternative proposal being lodged that does not have unacceptable impacts. I would encourage Waratah Coal to consider alternative sites for the port.''

Garrett had ``exceeded'' his authority in blocking the project, Waratah Coal's Lynch said in a statement today.

``Waratah Coal would be mounting an immediate challenge to Mr. Garrett's ruling in the Federal Court of Australia,'' the company said.

Shares of Waratah Coal were unchanged yesterday at C$1.84 on the Toronto Stock Exchange. The stock has dropped 44 in the past six months and has a market value of C$104 million ($97 million).

Lynch couldn't immediately be reached for comment in Brisbane.

To contact the reporters on this story: Angela Macdonald-Smith in Sydney at [e-mail]; Jesse Riseborough in Melbourne at [e-mail]
Last Updated: September 5, 2008 05:48 EDT

Bloomberg

[DerBergderruft]

Antwort auf Beitrag Nr.: 34.999.321 von Don_Lope_de_Aguirre am 05.09.08 16:52:51

diese 2 links wären interessant..



http://financialtools.stockgroup.com/snapshot_quotechart.asp…

http://de.advfn.com/p.php?pid=staticchart&s=Tx%5Ewci&p=0&t=1…

[Don_Lope_de_Aguirre]

Antwort auf Beitrag Nr.: 34.999.421 von DerBergderruft am 05.09.08 16:58:03

Ich danke Dir!

[DerBergderruft]

starke Erholung vom Tagestief,,,,,, ca. 45 % Rebound schon..

[flower_meadow]

Wollen mal hoffen, dass sich der Kurs weiter erhohlt. Die Reaktion ist zwar verständlich, aber übertrieben. Die nächste Woche wird spannend. Da haben einige ihr angelegtes Geld vorschnell verschenkt. Kam heute per Newsletter als Breaking News:

05.09.2008 – Australische Regierung lehnt Pläne von Waratah Coal für 'Galilee' ab – Kurs bricht total ein!

Waratah Coal Inc. (Meldung auf Kingstrade.de) gab erst gestern bekannt, die Bohrungen der 1. Stufe auf 'South Alpha' vollendet zu haben. Das groß angelegte Zwischenraum-Bohrprogramm diente dazu, rund 500 Millionen Tonnen der 'gefolgerten' Ressource in die 'gemessene' und 'angezeigte' Kategorie auf dem 'South Alpha'-Projekt (EPC 1040 und EPC 1079) zu bringen. Waratah Coal's 'South Alpha'-Projekt wurde jüngst durch die Regierung von Queensland als bedeutendes Projekt für den Bundestaat deklariert. Waratah beabsichtigt die Erschließung einer riesigen Kohlenmine, eine dem Standard angepasste Bahnstrecke und einen neuen Hafen, in dem 50.000 Tonnen pro Jahr für die Exportmärkte verladen werden können. Allein das 'South Alpha'-Projekt verfügt derzeit über eine 'gefolgerte' Ressource von 3,38 Milliarden Tonnen. Auf 'Alpha North' (EPC 1053 und EPC 1039) hat Waratah Coal bereits eine 'gefolgerte' Ressource von 0,975 Milliarden Tonnen bestimmt. Die von Waratah Coal zu 100% gehaltenen 'Galilee'-Lizenzen bedecken über 15.000 Quadratkilometer und erstrecken sich über 240 Kilometer entlang des Strikes in Richtung Norden und Süden angrenzend zur historischen Lagerstätte, sowie angrenzend und in die Tiefe in Richtung Westen. Insgesamt hält und beantragte Waratah Coal im 'Galilee Basin' 20 EPC's.

Heute Nachmittag hat nun der Bundesminister für Umwelt, Peter Garrett, mit Hinweis auf den 'Environment Protection and Biodiversity Act (EPBC Act)' das Vorhaben von Waratah Coal Inc. zum Bau einer Bahnstrecke und eines Kohlenhafens im militärischen Trainingsgebiet 'Shoalwater Bay' abgelehnt, mit der Begründung, dass das Vorhaben, bzw. der eingereichte Antrag, nicht akzeptabel ist.

Nach erhalt der Bestätigung der Regierung von Queensland für sein Vorhaben, ist das Management von Waratah Coal Inc. nun von der heutigen Entscheidung durch Umweltminister Peter Garrett äußerst enttäuscht, der Wartah's Projekt im 'Galilee Basin' gemäß dem EPBC Act. als nicht akzeptierbar erklärt. Am 15. Juli 2008 erklärte die Regierung von Queensland das Projekt als von staatlicher Bedeutung. Dieses Vorhaben zu den aktuellen Vertragspreisen würde potentiell über 10 Milliarden Au$ (australische Dollar) an Exporterträge und über 900 Mio.Au$ an jährlichen Abgaben für den Staat Queensland erbracht haben.

Waratah ist der Auffassung, dass der Minister für Umwelt seine Autorität im Umgang mit Waratah's Antrag insofern überschritten hat, wie er glaubte, dass die Entscheidung nach rechtlichen Aspekten falsch und nicht vom nationalen Interesse ist. Waratah glaubt nicht, dass der Antrag angemessen überdacht oder seine Auswirkungen angemessen beurteilt wurden. Waratah ist der Auffassung, dass sein Antrag die Möglichkeit zur genauen Untersuchung im Rahmen einer ordnungsgemäß geleiteten und formatierten Umweltverträglichkeitsstudie beinhaltet hätte sowie seine wirtschaftliche Bedeutung angemessen beurteilt.

Das Mangement von Waratah Coal Inc. beabsichtigt nun am Bundesgerichtshofs von Australien eine sofortige Anfechtung der Entscheidung des Ministers.

[Don_Lope_de_Aguirre]

Es war denke ich blauäugig von allen zu meinen, dass der Umweltminister mit der Karriere das Projekt so ohne weiteres durchgehen lässt. Das war heute ein Schock gewiss. Aber ich denk auch, dass die Ressource von Waratah so gewaltig ist und das Projekt eine solche Bedeutung hat (übrigens auch für andere Firmen), dass man einen Kompromiss finden wird! Die Bahnstrecke wird dann wohl nicht schnurgerade, die Züge langsamer fahren und der Hafen verlegt.

Doch diese Ressource wird unlocked!

Die Tür ist kein bischen zu - sie geht nur schwerer auf.

Nur meine Meinung!

Hier nochmal zum nachlesen das Neuste:

FEDERAL Environment Minister Peter Garrett has remained true to his pre-political career as an environmental lobbyist by stopping a proposed $5.3billion coal, rail and port development in central Queensland.

The proposal, from Waratah Coal, was for a new mine at Alpha in western Queensland, a rail line running 500km to the coast, and a port at Shoalwater Bay in land currently used by the military but directly beside the Byfield National Park.

But Mr Garrett has left the way open for the project to go ahead at another location, stressing that the most unacceptable part of the Waratah proposal was the siting of the proposed port and the railway line to get to the port, The Weekend Australian reports.

"This decision does not prevent an alternative proposal being lodged that does not have unacceptable impacts on Ramsar (Convention) and heritage values. I would encourage Waratah Coal to consider alternative sites for the port," he said.

Mr Garrett had a close connection with Shoalwater Bay in his capacity as president of the Australian Conservation Foundation and also as the singer with Midnight Oil.

In 1993 he was the narrator of the documentary Saving Shoalwater Bay in which he called the area "one of the most beautiful parts of Australia".

Shoalwater Bay, which is about 600km north of Brisbane and on the coast near Rockhampton, also featured in several Midnight Oil video clips.

Mr Garrett said he had found the proposal to be "clearly unacceptable" under the Environment Protection and Biodiversity Conservation Act 1999, which is only the third time such a criterion has been used to stop a development.

"I wish to make it abundantly clear that I have rejected this proposal because of the impacts the route of the rail line and the location of the coal port would have on the environment," he said.

"This proposal would have clearly unacceptable impacts on the internationally recognised Shoalwater and Corio Bay Ramsar wetlands and the high wilderness value of Shoalwater, which is acknowledged in its Commonwealth Heritage listing.

"The impacts of the rail line and port facility are simply too great to effectively mitigate, and would destroy the ecological integrity of the area. They are impacts that cannot be reduced with offsets or managed through approval conditions."

Waratah Coal indicated it would challenge the decision in the Federal Court of Australia, arguing that Mr Garrett lacked the authority to ban the project. "Waratah considers its proposal should have been afforded the opportunity of scrutiny under a properly directed and formatted environmental impact study and its economic significance properly assessed," said Waratah Coal chief executive Peter Lynch.

Quelle: news.com.au

Grüße an die Mitstreiter
Aguirre

[Don_Lope_de_Aguirre]

Hier noch ein interessantes Posting zur aktuellen Entwicklung...

Peter Garrett is a long time environmental extremist. (Remember the Midnight Oil concert at the black hole during the 1993 Clayoquot Sound protests?) His biases are obvious.

There was no way this company was going to get a fair hearing from this person. Regardless of the merits of this mine proposal and its potential environmental impacts, anybody who goes before a government official or agency for a decision has a right to expect that they will be treated fairly and without bias.

It's obvious that the Australian government does not have such a process when the minister, and not an reasonably independent bureaucracy is the decision maker. Hopefully, the company can appeal to an administrative tribunal or to the courts so that, even if its proposed project lacks merit, there is a fair opportunity for the company to be heard in front of independent decision-makers. All they've had so far is a sham process.

cbc.ca

[Popeye82]

Antwort auf Beitrag Nr.: 35.003.288 von Don_Lope_de_Aguirre am 05.09.08 21:25:43

So in die Richtung gingen auch meine Gedanken, ob das stimmt -wird man sehen müssen.

Popeye

[Zwischentoene]

Antwort auf Beitrag Nr.: 35.003.508 von Popeye82 am 05.09.08 21:46:00

da ist das letzte Wort noch lange nicht gesprochen. Ich beobachte Waratah schon länger und bin an dieser stelle mal froh, dass ich nur beobachtet habe.
Gestern habe ich aber zugelangt, dieser Abverkauf war einfach grotesk übertrieben. Nach zwei Stunden 50% im Plus - das ist mir noch nie passiert...
Man wir diese Entscheidung anfechten und eventuell schon parallel Alternativen ausarbeiten.
Die Aktie ist klasse, keine Frage.

[Don_Lope_de_Aguirre]

Waratah to fight govt over coal project

Waratah Coal will begin legal action on Monday against the federal government's decision to block a $5.3 billion coal project in central Queensland wetlands.

Conservationists welcomed Federal Environment Minister Peter Garrett's decision to reject Waratah Coal's proposal for a rail line and coal port at Shoalwater Bay, north of Rockhampton.

However, Waratah Coal's chief executive and president Peter Lynch said he believed Mr Garrett's decision was flawed and wrong in law.

"It speaks volumes of the decision when it was released in a press statement at the end of the day at the end of the week," Mr Lynch told AAP.

"We will start the process of challenging the decision in the Federal Court on Monday."

Mr Garrett rejected the proposal under the Federal Environment Protection and Biodiversity Act.

"The decision does not prevent an alternative proposal being lodged that does not have unacceptable impacts on Ramsar (an international treaty to conserve wetlands) and heritage values," Mr Garrett said on Friday.

But Mr Lynch said he was confused by Mr Garrett's comments and it was too early to talk about whether Waratah would consider an alternative proposal.

"I honestly don't know what he means by that," Mr Lynch said.

"Once we see something in writing from Mr Garrett and not just a press release then we may make some more decisions."

The proposed thermal coal mine in the Galilee Basin which was to be linked by a 495 km railway line to a purpose built export facility on the coast was declared a project of state significance by the Queensland Government.

"At current contract prices the proposal would have potentially generated over $10 billion of export revenue and $900 million in royalties per year for the state of Queensland," Mr Lynch said.

Queensland Minister for Infrastructure and Planning Paul Lucas said the Galilee Basin had extraordinary potential for Queensland and Australia's economic development.

"The ball is now in the court of Waratah Coal and other proponents to come up with rail and port proposals that don't involve Shoalwater Bay," Mr Lucas said.

"Minister Garrett has made it clear the decision is in relation to the port at Shoalwater Bay and rail access to it - not the enormous potential for coalmines in the Galilee Basin"

Wilderness Society's Lyndon Schneiders has welcomed the federal government's decision and said Australians have a responsibility to look after the very special area.

"Shoalwater Bay is one of Australia's most unique wilderness areas, with stunning sand dunes, over 1,000 plant species and an undisturbed marine habitat," Mr Schneiders said.

"It's a place for nature and future generations, not a port of convenience for the dirty coal industry."

Mr Lynch said Waratah had considered the environment when planning the project.

"The project should have been afforded the opportunity of scrutiny under a properly directed and formatted environment impact study," he said.

news.theage.com.au

[Mauci]

Antwort auf Beitrag Nr.: 35.006.128 von Zwischentoene am 06.09.08 11:25:59

hallo zusammen,

habe WCI am freitag nur beobachtet, hatte leider nicht wirklich zeit dass ich mich durchlese bzw. durchblicke was hier genau passiert ist...

meint ihr, dass es sich noch auszahlt am mo. einzusteigen?

danke!
gruss

[Zwischentoene]

Antwort auf Beitrag Nr.: 35.016.689 von Mauci am 07.09.08 20:00:31

wenn du keine Zeit hast dich mit der Aktie zu beschäftigen, lass es lieber sein. Nicht deine Entscheidungen auf die Aussagen anderer stützen.

[Mauci]

Antwort auf Beitrag Nr.: 35.020.509 von Zwischentoene am 08.09.08 08:35:34

ich meinte, dass ich bis jetzt keine zeit hatte.
bin derzeit bei einem kanad. kohle player investiert und wollte nur eine kurze info was bei wci am fr. los war.

[Zwischentoene]

Antwort auf Beitrag Nr.: 35.021.056 von Mauci am 08.09.08 09:20:47

Ausrede. es steht auf dieser Seite, das hast du in zwei Minuten raus. Faule Socke!

[Mauci]

Antwort auf Beitrag Nr.: 35.021.099 von Zwischentoene am 08.09.08 09:23:27

ich und faule socke...hahaha LOL
du kennst mich nicht...

aber danke, ich werde mich durchlesen.

[Zwischentoene]

Antwort auf Beitrag Nr.: 35.021.539 von Mauci am 08.09.08 09:56:04

nichts für ungut, ich schließe von mir auf andere...

[Zwischentoene]

ich stelle mal rt-Charts rein, da es heute sicherlich wieder interessant wird:

[Don_Lope_de_Aguirre]

[Don_Lope_de_Aguirre]

Bligh backs Shoalwater Bay coal terminal snub

Premier Anna Bligh says it is now up to Waratah Coal to come up with an acceptable alternative to export coal from a proposed mine near Alpha in central Queensland.

Federal Environment Minister Peter Garrett has rejected the company's plans to build a coal terminal at Shoalwater Bay, linked to the mine by a 500-kilometre rail line.

Ms Bligh has welcomed Mr Garrett's early decision and says the ball is now in Waratah's court.

"I also understand that the Federal Government has indicated to the developer that another site would be considered anew," she said.

"If there are other possible ways that this resource could be brought to port, then the developer needs to look at that and come back to both the state and federal governments for another examination."

Conservationists say they will continue to oppose the $5 billion coal project, even if the developer comes up with an alternative site for a port.

Capricorn Conservation Council spokesman Ian Herbert says there are also problems with the coal mine site near Alpha that would have used the new terminal.

"There's an area, one property is a nature refuge which was funded by the Federal Government to be preserved and not cleared," he said.

"It's a grazing property and it's right in the centre of the coal mine that's proposed and the owners there are absolutely devastated about this."

abc.net.au

[Don_Lope_de_Aguirre]

Die AUFHOLRALLEY geht weiter!

Zwei Tage in Folge und mit sehr hohem Volumen.

SK CAN: 1,49 CAD +12,88 %

[Don_Lope_de_Aguirre]

Auch diese Nachricht zeigt im Hinblick auf den Wert der Projekte von Waratah, dass es sich um eine Multi-Milliarden Ressource bei Waratah handelt!


Waratah Coal Comparable Project Sells for A$1.5 Billion

VANCOUVER, BC, Sep 05, 2008 (MARKET WIRE via COMTEX) -- Longview Capital Partners Incorporated (CA:LV: news, chart, profile) (FRANKFURT: L6V) wished to bring to the market's attention that two coal exploration licences owned by Linc Energy near Waratah Coal's Galilee Basin project have been sold for Aus$1.5 billion. This has enormous implications for Waratah's Galilee Basin project, which hosts a much larger and more defined coal deposit.

The comparable project, Linc Energy's Teresa coal exploration licences, were announced on September 5, 2008 as being purchased by Xinwen Mining Group Ltd. of China. Xinwen currently produces 35 million tonnes of coal per year and hosts coal reserves in China reported in excess of 30 billion tonnes. The Teresa coal licences are reported to host an "exploration target" of 400-500 million tonnes of coal, based on 22 drill holes. This target occurs within the same coal basin that hosts Waratah Coal's reported 4.3 billion tonnes of Inferred Coal Resources, based on over 80 drill holes and compliant with NI 43-101. Waratah also reports an additional "exploration target" at its Galilee Project for 675-840 million tonnes of coal, itself larger than that of the Teresa licences.

On a relative basis, Waratah's Galilee Project contains 8 times the coal, at a higher classification of resource, than that of the Teresa licences. The Teresa coal target occurs at a depth of 95 to 155 metres and Waratah Coal's Galilee deposits outcrop at surface, and dip to depths of less than 200 metres. Longview Capital also notes that Waratah Coal has 56.4 million shares outstanding and had a cash balance of $43.6 million and no debt as of June 30, 2008. Waratah Coal trades on the TSX-V under the symbol WCI and has recently appointed ABN AMRO Morgans as sponsoring broker for a dual Australian Stock Exchange Listing. See Waratah Coal's website at www.waratahcoal.com for further information.

Note that "exploration targets" are compiled under JORC or CIM standards and the potential quality and quantity are conceptual in nature with insufficient exploration to define a Mineral Resource and that it is uncertain if further exploration will result in the determination of a Mineral Resource. Please refer to Linc Energy's press release of July 29, 2008 ( www.lincenergy.com.au) and Waratah Coal's press release of June 24, 2008 ( www.waratahcoal.com).

About Longview Capital Partners
Longview Capital Partners is an investment company creating long-term shareholder value by capitalizing on early stage opportunities in the natural resource sector, and having the resultant earnings growth recognized in its share price. Longview Capital Partners first began trading on September 5, 2005 and graduated to the TSX senior Exchange on September 24, 2007 under the same symbol "LV".
Statements in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute Forward-looking statements. Such statements are based on numerous assumptions and are subject to all the risks and uncertainties inherent in the Company's business, including risks related to mineral exploration and development. Consequently, actual results may vary materially from those described in the forward-looking statements.
Distributed by Filing Services Canada and retransmitted by Marketwire

marketwatch.com

[Don_Lope_de_Aguirre]

Auch Mineralogy Pty Ltd hält Waratah Coal für aussichtsreich und nutzte die Schwäche um ein Aktienpaket zu erwerben.

Mineralogy Pty Ltd acquires 11.5% interest in Waratah Coal Inc.
Waratah Coal Inc
WRTHF | 9/15/2008 10:01:00 AM
BRISBANE, Australia, Sep. 12, 2008 (Canada NewsWire via COMTEX News Network) --

Mineralogy Pty Ltd ("Mineralogy" or the "Company"), a privately-held corporation based in Brisbane, Australia, announced today that the Company acquired 1,578,000 common shares (the Shares) in the capital of Waratah Coal Inc. ("Waratah") representing 2.8% of the issued and outstanding shares of Waratah. The company entered into a contract to buy such shares dated 11th September 2008 which has a date for settlement under the contract of 15th of Septemebr 2008. The company has agreed to pay A$2,419,462.08 (Australian Dollars) for the Shares. After the acquisition of such shares, the Company beneficially owns 6,456,600 common shares representing 11.5% of the issued and outstanding shares of Waratah. The Canadian equivalent for the amount paid is C$2,070,817.59, representing $1.312 per share.

The Company has acquired the common shares for investment purposes and may acquire further common shares or dispose of its holdings of common shares both as investment conditions warrant.

Waratah is listed on the TSX Venture Exchange under the trading symbol "WCI".

SOURCE: Mineralogy Pty Ltd.

or for a copy of the Company's Early Warning Report, please contact: Clive F Palmer, Director, [phone]
Copyright (C) 2008 CNW Group. All rights reserved.

[Don_Lope_de_Aguirre]

Es gibt NEWS!

http://www.waratahcoal.com/documents/20080917_000.pdf

Grüße, Aguirre

[Don_Lope_de_Aguirre]

Lohnt jetzt ein Einstieg in Kohleaktien?

Der rückläufige Kohlepreis hat sich naturgemäß auch negativ auf die Kurse der Kohleaktien ausgewirkt. Der größte Kohleproduzent auf der Welt, Peabody Energy und auch andere Größen der Branche sind im Aktienkurs gefallen. Einige Experten gehen daher von einem günstigen Einstiegskurs in der Kohlebranche aus. Aufgrund von eventuell wieder auftretenden Lieferengpässen könnte der Preis von Kohle wieder steigen und damit den Aktien zu neuem Schwung verhelfen. Nach Berechnungen der Energy Information Administration des US-amerikanischen Departments of Energy könnte der Welt-Kohleverbrauch von 4,4 Milliarden Tonnen Steinkohleeinheiten im Jahr 2005 bis 2030 um fast zwei Drittel auf 7,3 Milliarden Tonnen wachsen.

Autor: Ingrid Heinritzi

[Don_Lope_de_Aguirre]

Setzt man die gigantische Ressource von derzeit 4,3 Mrd. Tonnen Kohle zum derzeitigen Aktienkurs, ist Waratah Coal, unter allen mir bekannten Kohle-Aktien, mit riesigem Abstand die Billigste.

[Don_Lope_de_Aguirre]

In der vorletzten Präsentation (auf der HP abrufbar!) sind die Ergebnisse der seit 2 Monaten dauernden Bohrungen, im Zeitplan, bis zum Ende Q3 genannt!

Der Kurs hat meiner Meinung nach, trotz Suprime und mit Bekanntgabe der Bohrresultate gewaltiges Aufholpotential.

[Don_Lope_de_Aguirre]

Waratah Coal ist IMHO auch vor dem Hintergrund der aktuellen Evaluation der Infrastruktur-Optionen absolut bizarr unterbewertet!

Zum Vergleich war den Chinesen eine Lizens angerenzend an das Waratah Projekt 1,5 Mrd. wert!!!

Es muss erwähnt werden, dass die Ressource von Waratah nicht nur ungleich größer ist, sondern auch in der Exploration weiter fortgeschritten. Auch besitzt Waratah noch über 20 weitere Lizensen.


Waratah Coal Comparable Project Sells for A$1.5 Billion

VANCOUVER, BC, Sep 05, 2008 (MARKET WIRE via COMTEX) -- Longview Capital Partners Incorporated (CA:LV: news, chart, profile) (FRANKFURT: L6V) wished to bring to the market's attention that two coal exploration licences owned by Linc Energy near Waratah Coal's Galilee Basin project have been sold for Aus$1.5 billion. This has enormous implications for Waratah's Galilee Basin project, which hosts a much larger and more defined coal deposit.

The comparable project, Linc Energy's Teresa coal exploration licences, were announced on September 5, 2008 as being purchased by Xinwen Mining Group Ltd. of China. Xinwen currently produces 35 million tonnes of coal per year and hosts coal reserves in China reported in excess of 30 billion tonnes. The Teresa coal licences are reported to host an "exploration target" of 400-500 million tonnes of coal, based on 22 drill holes. This target occurs within the same coal basin that hosts Waratah Coal's reported 4.3 billion tonnes of Inferred Coal Resources, based on over 80 drill holes and compliant with NI 43-101. Waratah also reports an additional "exploration target" at its Galilee Project for 675-840 million tonnes of coal, itself larger than that of the Teresa licences.

On a relative basis, Waratah's Galilee Project contains 8 times the coal, at a higher classification of resource, than that of the Teresa licences. The Teresa coal target occurs at a depth of 95 to 155 metres and Waratah Coal's Galilee deposits outcrop at surface, and dip to depths of less than 200 metres. Longview Capital also notes that Waratah Coal has 56.4 million shares outstanding and had a cash balance of $43.6 million and no debt as of June 30, 2008.

Waratah Coal trades on the TSX-V under the symbol WCI and has recently appointed ABN AMRO Morgans as sponsoring broker for a dual Australian Stock Exchange Listing. See Waratah Coal's website at www.waratahcoal.com for further information.

Note that "exploration targets" are compiled under JORC or CIM standards and the potential quality and quantity are conceptual in nature with insufficient exploration to define a Mineral Resource and that it is uncertain if further exploration will result in the determination of a Mineral Resource. Please refer to Linc Energy's press release of July 29, 2008 ( www.lincenergy.com.au) and Waratah Coal's press release of June 24, 2008 ( www.waratahcoal.com).

[Don_Lope_de_Aguirre]

Kohle gefragter denn je

Die Analysten von Banken und Brokerhäuser haben ihre Prognosen für die Kohlepreise für 2008 und 2009 zum Teil kräftig angehoben.

So sollen sich die Preise für Kraftwerkskohle und Kokskohle rund verdoppeln bis gar verdreifachen. Die höhen Ölpreise haben dafür gesorgt, dass Kraftwerke verstärkt auf Kohlebefeuerung umgestellt werden. Asien und Südamerika brauchen aufgrund ihres Wirtschaftswachstums neue Energiequellen, somit auch mehr Kokskohle. Die RCM (Raiffeisen Capital Management) sieht für Kohle fördernde Unternehmen gute Gewinnchancen. Sogar die Ölstaaten des Mittleren Ostens bauen Kohlekraftwerke.

[Don_Lope_de_Aguirre]

Waratah Coal seeking a dual listing on the ASX.

Waratah Coal (TSX-V: WCI) (Waratah) is pleased to announce that it has today made an application to the Australian Stock Exchange Limited (ASX) for the admission of Waratah to the Official List of the ASX and for Official Quotation of CDIs for the shares issued in Waratah. Upon admission to the ASX, Waratah will become dual listed with its securities listed on both the TSX-V and the ASX.

A further announcement on the progress of the application by Waratah for dual listing on the ASX will be provided once a determination has been made by the ASX on the application.

waratahcoal.com

[Popeye82]

Waratah recommends take no action on Mineralogy bid - Oct 3, 2008
http://waratahcoal.com/documents/3Oct2008_003.pdf

[Zwischentoene]

Antwort auf Beitrag Nr.: 35.439.121 von Popeye82 am 06.10.08 17:32:31

das wird spannend...

[Popeye82]

Waratah announces Exploration Target in the range 205 to 415 Billion tonnes of coal at its Galilee Basin Project. - 04.11.2008
www.waratahcoal.com/documents/2008.11.04WCI_GalileeBasinExpl…

[rotie1]

THE Queensland billionaire Clive Palmer is poised to own one of the largest undeveloped coal projects in his home state after Waratah Coal yesterday agreed to a sweetened $C100 million ($126 million) takeover offer.

Waratah is attempting to develop a $5.3 billion mine and infrastructure project based on its huge thermal coal resources in the Galilee Basin, which it had originally hoped to develop in an independent manner similar to the Pilbara iron ore project constructed by Fortescue Metals.

Waratah's board had rejected an earlier $C1.41 a share offer from Mr Palmer's private company Mineralogy, but yesterday accepted an increased $C1.60 a share bid after it was unable to attract a higher offer from potential white knight suitors.

"We looked at other alternatives, and this is the one we decided was the one we would recommend to shareholders," said Waratah's chief executive, Peter Lynch. "The world has changed dramatically. Access to capital is looking like it is going to be more difficult."

Mineralogy had bought about 20 per cent of Waratah's shares before launching its initially hostile bid, making it more difficult for rival suitors to gain control of the entire company. Through agreements with Waratah's directors, Mineralogy has now gained control of another 17 per cent of the stock.

Mr Palmer told the Herald Waratah would remain within Mineralogy rather than forming part of his planned $5 billion float of mining house Resource Development International, which he expects to list next year.

He said it was too early to say whether Mineralogy would bring in a joint venture partner to help it develop the project, which will involve the construction of a new railway line and a new coal terminal at Abbot Point.

"It is a large coal resource, probably the biggest in Australia," Mr Palmer said.

A Fosters Stockbroking analyst, Michael Evans, described Mineralogy's bid as "well-timed and opportunistic" in light of the global financial crisis. "They are picking up assets that are worth a lot in the long term," he said.

"In the current market no one is interested about the long run. I think the company is worth more, but given the circumstances I understand why the board accepted the bid."

Waratah shares closed 40c higher at $1.70 yesterday.
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