Bhr going bust and the action group that was formed was so dodgy....wonder if anything will come out of the beaufort scandel in the US
Anyone know if beaufort securities was bhr's broker...
So what's the latest here? Coking Coal has hit the roof again! Where's our money from the trains, etc.? is it RSM administrators now?
Re: TheTrain Set ?The Action Group?? yeah, who rain is it now ? it should have been loaded many times by now, we have no way of knowing anything theses days.Steelmaking commodity jumps 40% after Australian mining area struck.any info anyone ?
TheTrain Set ?The Action Group?? Did anything happen?Is Rowan in jail?Who's got my train?
so whats the creck ? lots of coal Benchmark Australian export metallurgical coal was exchanging hands at $213.20 on Friday, up 1.7% on the day and doubling over just the past two months according to data provided by Steel Index as it consolidates at higher levels following weeks of panic buying not seen since 2011, when floods in key export region in Queensland saw the price touching $335 a tonne."Mozambique's central Tete province is believed to hold one of the world's largest untapped coal reserves and has been compared with Australia's coal-rich Bowen Basin"World number one iron ore producer Vale announced on Friday it has reworked a deal first signed in December 2014 with Japanese industrial and commodity trading giant Mitsui for a giant Mozambican coal mine and infrastructure project.Reuters reports the deal had not closed due to challenges in securing long-term financing as with price of coking coal languishing in double digits: "We have concluded the reworking of these terms at a moment when the market for coal is beginning to gain some momentum," [Vale CEO Murilo]Ferreira said in a video posted on Vale's website.The price tag for the expansion of the Moatize complex and the building of a rail corridor to the port of Nacala, some 900km east of the mine, could be as high as $4.4 billion, with $2 billion already spent by the Brazilian company.Moatize has been in production since mid-2011 and last year produced 4.5 million tonnes of coal, far below capacity. The expansion project has the potential to increase output at the mine and the railroad to nearly 20 million tonnes per year.Mozambique's central Tete province is believed to hold one of the world's largest untapped coal reserves that has been compared with Australia's coal-rich Bowen Basin.
Re: The Train Set/no voters Action group, as in those who voted no just to get back at the bod! Talks of QC, joke, now asking for us to write to our MP's!
Re: The Train Set I have no idea what happened to any of our assets, but now look how things are turning around.Demand and prices across the ferrous complex including both ore and coking coal have been rising fast, led by the domestic Chinese recovery says Oscar Tarneberg, TSI's Senior Iron Ore Analyst:CRIMINALS IMO
The Train Set Who got 'my' trains and wagons after the bankruptcy? Did the 'action group' ever meet? Has anyone given Rowan's name to the Mafia - or is he a member already?
Any news here yet have they sold assets
Re: BHR Stream Log have you ever called anything right??
Re: nil value Thanks for that osammyboy. Stygian stable cleaning time then
Re: nil value Have now received response from HMRC as follows" Re Beacon Hill Resources I can accept claim that the holding of 500000 shares above named company is of negligible value as of 12 Janmuary 2015Yours sincerelyRonnie OlijanekShare valuer " So that is the end of that. At least I can now have the holding removed from my portfolio and submit capital loss claim in my tax return..
nil value I have written to HMRC to have the shares declared as of negligible value so I can have them removed from my portfolio. There is no return for these
Follow BHGU board on LSE for more comments on BHR