Diskussion zu Silver Elephant Mining Corp, ehemals Prophecy Development Corp. (Seite 2882)

[schokie]

und weiter gehts runter sehr schön bin schon 40% im minus herrlich sowas

[mawasch]

Antwort auf Beitrag Nr.: 43.054.272 von likeshares am 18.04.12 12:18:56

das sehe ich anders, die fundamentalen dinge oder fakten werden hier genauso wie spekulationen niedergeschrieben. also was ist daran falsch sich seine infos hier herauszulesen? in so einem thread gibt es ja nicht nur pro pcy sondern auch contra....was die sache interessant macht. meine bescheidene meinung

[axba]

Antwort auf Beitrag Nr.: 43.053.992 von hagadi am 18.04.12 11:33:50

Habe gerade zwei Solarpleiten hinter mir.
Mein Depot ist dunkelrot!

[likeshares]

Antwort auf Beitrag Nr.: 43.053.992 von hagadi am 18.04.12 11:33:50

Danke hagadi, für deine aufklärenden Worte!

Es gibt scheinbar wirklich Leute die keinen Schimmer über die fundamentale Entwicklung von PCY haben, sonst würden nicht solche Fragen kommen? Das verwundert dann doch etwas? Das wirft für mich die Frage auf, was an den verschieden positionierten Leuten die hier im thread posten, gerade für diese Clientel, die sich ihre Infos ausschließlich aus dem thread holen, möglicherweise die unbedarfteste ist! Wie wollen Sie zwischen Gut und Böse unterscheiden...?

[hagadi]

Antwort auf Beitrag Nr.: 43.053.493 von axba am 18.04.12 10:02:33

Lass dich nicht veräppeln....die Aussage bedeutet, daß man Milliarden Tonnen Kohle quasi für umsonst besitzt....die Aktie also riesig unterbewertet ist, denn der Wert der Beteiligung an Platinum deckt bereits das komplette KKW-Projekt ab, so daß es die Kohle eine kostenlose Zugabe bedeutet...

ach so, ja...was tun? Natürlich so lange es geht möglichst billig weiter PCY kaufen, aufstocken, horten....

[axba]

Antwort auf Beitrag Nr.: 43.051.685 von likeshares am 17.04.12 20:39:38

Und nun was tun?

[likeshares]

Antwort auf Beitrag Nr.: 43.048.550 von oesi0815 am 17.04.12 12:18:41

So wie ich diesen Link verstanden habe, ist es nicht so sehr die Frage ob China gas fracking nutzen wird, auch nicht ob sie damit KKW's ersetzen.
http://oilprice.com/Energy/Natural-Gas/China-Embraces-Fracki…
Zitat aus ogigem Link:
*****
China’s immense shale gas reserves, which the U.S. Energy Information Administration estimates at 1.275 quadrillion cubic feet of “technically recoverable” shale gas.
*****

Wieviele Kubikmeter das sind oder wieviel Joule darin stecken weiß ich noch nicht, aber es klingt nach sehr, sehr viel. Diese Energiequelle wird sich China auf jeden Fall erschließen. Nur wird es sicher nicht in wenigen Jahren geschehen. Es wird einige Jahre dauern, bis die Förderung und Nutzung des Gases kostengünstig erreicht ist. Und wenn es dann soweit ist wird das fracking Gas kaum die Kohle verdrängen, dazu stehen zu viele Grundlast Thermalkohle Kraftwerke in China.
AME Report:
http://www.hkexnews.hk/listedco/listconews/sehk/2010/0927/01…

Wenn es um die Konkurenz zur Mongolei geht und um billige Thermalkohle, dann muß man nach Rußland blicken. Rußland hat in Sibieren ein Kohlelager mit Thermalkohle, aber auch höherwertiger Kohle im Umfang von 60Bt exploriert. Aktuell ist man dabei eine Eisenbahnlinie zur Anbindung an die Transsib zu planen, die man möglichst schnell umsetzen will, damit man die Kohle dann über die Pazifikhäfen verschiffen kann. Ich glaube da war von mehreren Russischen Energiekonzernen die Rede, wie SUEK oder Eurosib Energo usw. Den Link mit der news habe ich verloren, es muß in der Nähe von Krasnoyrsk sein, nicht weit von UO?
russo wird es wissen?

http://www.rosugol.ru/eng/maps.php

Wie auch immer, Greg Hall sagt, die ganze PCY Kohle ist nichts wert...

[hagadi]

Greg Hall in heutiger Diskussion zum Chandgana Projekt - und durch Beteiligung an Platinum finanziert sich das Projekt allein (siehe fette Textmarkierung) und das, obwohl das ganze Projekt keinerlei Bewertung erhält bei dem momentanen Kurs.....

http://www.midasletter.com/index.php/prophecy-coal-founder-a…

Prophecy Coal Corp. (TSX:PCY) (OTCQX:PRPCF) (FRANKFURT: 1P2) co-founder and director Greg Hall discusses the company’s progess at the Chandgana mine-mouth power plant development in Mongolia with James West on Midas Letter Money. The 600 megawatt coal-fired electrical generation plant is now permitted and the Power Purchase Agreement is all that remains to be determined.

Mongolia is one of Asia’s fastest growing regions, and its electrical power generation systems are antiquated and in varying stages of disrepair, making Chandgana a very important project both for Prophecy Coal and for the people of Mongolia.

TRANSCRIPT:

James West: Hi, I’m James West. This is Midas Letter Money. And my guest this afternoon is developing a Mine-Mouth Power Plant in Mongolia. Greg Hall is the Director and Co-founder of Prophecy Coal Corporation, trades under the symbol PCY on the Toronto Stock Exchange. Greg, thanks for joining us today.

Greg Hall: A pleasure to be here.

James West: Now, Greg you’ve finished your preliminary economic assessment of the power plant. You have 1.4 billion tons of coal at the mouth of the power plant essentially. You’re going to be generating 600 megawatts when all four units are online and I looked at the market cap of this company, which is about $90 million today?

Greg Hall: That’s correct!

James West: And that strikes me as awfully undervalued considering what the company is about to do. So, now tell me why do you think that the company is trading at this level when it’s about to start generating and tell us what it is about to start generating in terms of cash low.

Greg Hall: Sure and thanks very much. So, Prophecy Coal is really developing the first, as you said Mine-Mouth, a thermal coal power plant in Mongolia in roughly 15 years. Really, since the Soviets withdrew from the country and they became a democracy. There is a desperate shortage of power in the country. There is about a 744 megawatt deficit over the next three years.

James West: Just in Mongolia?

Greg Hall: Just in Mongolia. We’re talking domestic power supply not supplying power to the Ivanhoe Project or the Togo — no, we’re only talking about the domestic market. So if you had on the other super giant projects that are coming on stream, they’ve announced already their buying power from China at least over the next five years, until they can build their own power plant to service their own town, freelance building basically a village of about I think roughly 20,000 people plus the mine, and they’ll need a power plant for that.

James West: Wow!

Greg Hall: And we can’t service that. We’re just dealing with the deficit in the country, but you asked why is it so undervalued? I think it’s simply that people perceived Mongolia as exotic and far away and a really, really third world developing country. They don’t realize when you look at just the Ivanhoe Project alone, that’s 10 billion in new investment going in over the previous and the next couple of years. The country has about $6 billion GDP and once that project comes online, it’s going to increase that GDP by about a third.

James West: Okay, so you’re just telling me that there’s a perception of risk there that is probably unjustified.

Greg Hall: We believe so. It’s really a very modern developing democracy, but it’s perceived otherwise.

James West: Yeah, okay. So I look at the preliminary economic study and I see an internal rate of return based on a sliding scale what you actually sell the power for upwards of the average looks like it’s going to be about 40% or better?

Greg Hall: Well, it depends. That’s towards the upper range were using in the low 20s –

James West: Okay.

Greg Hall: — which for a project of this duration 30 to 40 years is an outstanding internal rate of return.

James West: So you got a more than a lifetime supply of coal.

Greg Hall: Oh, yes!

James West: You’ve got the power plant permitted and approved and ready to start construction?

Greg Hall: Visibility done.

James West: You’ve got commitments from debt financiers for the 70% portion?

Greg Hall: Yes, at least 70% debt will be a consortium of engineering and construction companies putting up equity, some probably is Chinese State-Owned Enterprises, not the Mongolian government. We have a tariff arrangement with them. We have guidance as 6 cents per kilowatt hour. Right now, they’re buying power from the Russians at 8 cents.

James West: So you concluded the agreement into a price per kilowatt hour problem.

Greg Hall: With guidance that were hoping to conclude sometime in cue, too.

James West: So if this power plant was being built in let’s say Toronto, it would be largely direst and we would think trading at a better evaluation.

Greg Hall: Oh, yes! And also, this is 600 megawatts which the rule of thumb is roughly that would power about 600,000 North American homes.

James West: Okay.

Greg Hall: So it’s a very large project.

James West: Yeah. So when is it going to start generating power?

Greg Hall: We’re looking at mid to late 2016.

James West: Okay, isn’t it without bringing all four units on? And I believe you’re developing 450 megawatt units.

Greg Hall: The first unit comes on mid to late 2016 and a 150 megawatts and then each of the four components over a two year period. So by 2018, fully up and running. And the key will be of course the finalization sometime in the next few months of the Power Purchase Agreement, the tariff with the government and then of course, leading towards completion of the financing by the end of 2012. Constructions later to start April of 2013.

00:05:00

James West: And so you’ve also owned a large share position in Prophecy Platinum as I understand.

Greg Hall: That’s correct! That’s our sister company. It’s also listed on the TSX, at the TSX Venture and basically, the portfolio value of our 22 and half million shares of Prophecy Platinum is roughly $90 million, which again equates approximately or very close to the total value of Prophecy Coal.

James West: So you’re essentially getting the power plant for free? That’s very interesting.

Greg Hall: Exactly! Over a billion tons thermal coal fully primitive for a power plant and it has no evaluation.

James West: If you would like to learn more about Prophecy Coal, visit them online at prophecycoal.com. And if you’d like to hear more about companies like Prophecy Coal at the early part of their value creation curve visit, midasletter.com. I’m James West and this is Midas Letter Money.

[russo-touristo]

Antwort auf Beitrag Nr.: 43.049.256 von oesi0815 am 17.04.12 14:17:23

wie ich sehe, mongolische Regierung ist sehr wählerisch hinsichtlich der Nationalität der Investoren:


"EVENT

Licenses of Southgobi are being suspended in connection with proportional takeover bid by Chalco of the controlling interest of Ivanhoe in SouthGobi.

DETAILS

According to SouthGobi on April 16, 2012 , Mineral Resources Authority of Mongolia ("MRAM") held a press conference today in Ulaanbaatar announcing a request to suspend exploration and mining activity on certain licenses owned by SouthGobi Sands LLC, a wholly-owned division of SouthGobi Resources Ltd. The request for suspension includes the license pertaining to SouthGobi's Ovoot Tolgoi Mine. The Company has not received any official notification and has no reason to believe SouthGobi's licenses are not in good standing. However, the Company cautions at this time that any official notification received may require a suspension of operations until an injunction is granted. Advice to the Company suggests the action has been taken under the broad national security powers of the Government of Mongolia. MRAM stated that the move is in connection to the proposed proportional takeover bid by Aluminum Corporation of China Limited ("CHALCO"), and the agreement by Ivanhoe Mines Ltd. ("Ivanhoe") to tender its controlling interest in SouthGobi to such a takeover. The suspension would be initiated to allow the Government of Mongolia to review the proposed change of ownership. The Company has noted statements made by various Mongolian stakeholders that there has been little information disseminated to them and no prior government consultation regarding the proposed transaction. SouthGobi has notified Ivanhoe and CHALCO, requesting them to discuss their agreement and the proposed transaction involving the Company with the Government of Mongolia. SouthGobi has notified its other key investment stakeholders, including Rio Tinto (as Ivanhoe's 51% controlling shareholder) and the China Investment Corporation (the sovereign wealth fund of China owning 14% of the Company's common stock). The Company will update investors when more information becomes available.

According to Mongolian portal time.mn, (http://mining.time.mn/content/10625.shtml ) during press conference regarding suspending temporarily licenses of SouthGobi Sand company Temporary Acting Chairman of MRAM M.Ariunbayar has said regarding suspension

· Currently there is no opportunity to regulate this deal by Law on Minerals. Actually, there was a bill on Controls on Strategic Investment regarding this issue. Regulation can be done by it. The bill has good regulatory mechanism. On the other hand, we have introduced this issue in updated version of Law on Minerals. A clause has been introduced that has a meaning that a permission must be received from state organization or state organization must be informed on issue of selling deposit or transferring deposit in any manner.


· Current law has no clauses reflecting this issue. Actually, all mining and exploration licenses of SouthGobi Sands company have been suspended on account of head company’s 57.6 per cent being sold and transferred. At any case, until conclusion is reached on state level they have been suspended.


· We have a right to suspend. Since we can issue, we can suspend.


· The issue is to be regulated on the level of Parliament and Government. Therefore, after Parliament and Government will have issue clear it will be resolved one way or another.


· Controlling strategic investment exists not only in our country but all over the world


· Suspending license of one company will not affect Mongolian economy.


· We have no similar information like this regarding Chinese or other country’s state owned company negotiating .


IMPACT AND CONCLUSION

· We have expected that Mongolia is likely not to object to Southgobi/Chalco takeover , because, according to Ivanhoe Mines on April 1,2012 “Ivanhoe plans to use the proceeds from the sale of its shares in SouthGobi primarily to fund the continued development of its flagship Oyu Tolgoi copper, gold and silver mine in southern Mongolia, which is on track to meet the mine's targeted start of initial production in Q3'12.”

· Therefore, logically, it is in Mongolia’s interest to not to object to Southgobi/Chalco takeover, since it would benefit advancement of OT

· Although advancement of OT will benefit all Mongolians, most credit would go to Government and the ruling party

· Therefore, logically, we view that suspension could be primarily motivated politically against the Government and the ruling party in the context of the elections approaching quickly and that takeover of Southgobi/Chalco should be considered from now on possibly in the context of politics/elections

· At the same time, Chinese investment has always been sensitive in Mongolia historically, culturally, economically and politically.

· Warranted (but not legislated) caution in this matter by Mongolia is being exploited by populist, resource nationalist politicians taking advantage of sensitivity of Mongolian public and at the same time stirring and playing on popular simplistic nationalist sentiment.

· Southgobi is listed in Toronto and Hong Kong stock exchanges. And it is up to investors to decide whether they will invest into Southgobi. Attempt by Mongolia to regulate activities on these stock exchanges is of concern. Also there is continuing issue of simplistic equalization of deposits and companies that develop them

· Regulatory approvals can be the case in Mongolia as it is the case in many other countries. In case of Mongolia, however, it would be relevant to MSE, there can be controls on percentage of foreign investments. However, these controls can be effective only after they have stipulated and approved as a law

· This development is of concern not only to China but also to foreign investments as a whole

· Suspensions should be seriously debated within Government and should be lifted to regain confidence from foreign investors."

[platinbaron]

Vielleicht hilfts dem Kurs ja:

http://www.ad-hoc-news.de/prophecy-coal-founder-and-director…

Gruß pb