BlackGoldNatural    Last:0.003   -

2020 - POTENTIAL TO EXPORT MORE ORH KIM THIS YEAR

perhaps we see more power tomorrow... still a good day if closes on green

luckychiong99      ( Date: 13-Oct-2021 15:35) Posted: Rotational play to blackgold.  19 all taken up. Is BBS going to launch an attack at 20 in last hour of trading ?  Come on. Let&rsquo s break it

 

Rotational play to blackgold. 
19 all taken up. Is BBS going to launch an attack at 20 in last hour of trading ? 
Come on. Let&rsquo s break it

 

4.8MT nia,.....that' s even more worrying.....slightly less than GEO production, but how they managed to lose money while GEO is making big bucks?

BTW, where u get this 4.8 MT figure? Their revenue only 5.3mil, given the coal price during that period, the number doesnt seem to add up....

luckychiong99      ( Date: 13-Oct-2021 14:37) Posted: It' s 4.8 MT desmondxyz      ( Date: 13-Oct-2021 14:32) Posted: hmmm...based on their half year result, their production is < 1 MT, if they don dig out more black gold and turn it into real gold, they gonna miss the big time....

 

It' s 4.8 MT

desmondxyz      ( Date: 13-Oct-2021 14:32) Posted: hmmm...based on their half year result, their production is < 1 MT, if they don dig out more black gold and turn it into real gold, they gonna miss the big time..... luckychiong99      ( Date: 13-Oct-2021 14:28) Posted: Desmond, results gonna change come next month. They have a lot of coal reserves but they never explore much like Geo and golden. Agreed that it&rsquo s loss making all the while. This coal bull will turn the tide as indicated by latest mgt forecast.  Hence, bbs started collecting. The highest it ever hit 2017 was 20 cent.  I will be over the moon if it can hit 6-8  cen

 

hmmm...based on their half year result, their production is < 1 MT, if they don dig out more black gold and turn it into real gold, they gonna miss the big time.....

luckychiong99      ( Date: 13-Oct-2021 14:28) Posted: Desmond, results gonna change come next month. They have a lot of coal reserves but they never explore much like Geo and golden. Agreed that it&rsquo s loss making all the while. This coal bull will turn the tide as indicated by latest mgt forecast.  Hence, bbs started collecting. The highest it ever hit 2017 was 20 cent.  I will be over the moon if it can hit 6-8  cent desmondxyz      ( Date: 13-Oct-2021 14:15) Posted: the fundamental of this counter is not sound leh, its half year result still making loss while GEO and GOLDEN already making big money....what' s wrong with it?

 

Desmond, results gonna change come next month. They have a lot of coal reserves but they never explore much like Geo and golden. Agreed that it&rsquo s loss making all the while. This coal bull will turn the tide as indicated by latest mgt forecast. 
Hence, bbs started collecting. The highest it ever hit 2017 was 20 cent. 
I will be over the moon if it can hit 6-8  cent

desmondxyz      ( Date: 13-Oct-2021 14:15) Posted: the fundamental of this counter is not sound leh, its half year result still making loss while GEO and GOLDEN already making big money....what' s wrong with it?

 

the fundamental of this counter is not sound leh, its half year result still making loss while GEO and GOLDEN already making big money....what' s wrong with it?

 

a bit quiet in the after lunch session, perhaps BBs still having lunch...

luckychiong99      ( Date: 13-Oct-2021 12:28) Posted: According my observation Blackgold  past 2 weeks volume shown BB is cummulating volume/energy, and this morning volume  is as high as last few days whole day volume . Perhap BB is having enough and it could be break resistant and fly due to current high coal demand . Cheong ah Black Horse go go go !

 

According my observation Blackgold  past 2 weeks volume shown BB is cummulating volume/energy, and this morning volume  is as high as last few days whole day volume .
Perhap BB is having enough and it could be break resistant and fly due to current high coal demand .
Cheong ah Black Horse go go go ! 

 

Hope afternoon bbs can break the thick Wall of 20/21. Looks like they are accumulating at 19 first. Wait for them Get ready

lp2000      ( Date: 13-Oct-2021 09:47) Posted: it needs a bit more power to clear the 20/21 wall...then we may see a quicker rise luckychiong99      ( Date: 13-Oct-2021 09:18) Posted: Blackgold finally got rid of contra players yesterday.  Get set ready Cheong  Going to chase after Geo energy and golden energy. Has been the most laggard of all coal play.  Hope it can breakout its 23 high.  Huat Huat

 

it needs a bit more power to clear the 20/21 wall...then we may see a quicker rise

luckychiong99      ( Date: 13-Oct-2021 09:18) Posted: Blackgold finally got rid of contra players yesterday.  Get set ready Cheong  Going to chase after Geo energy and golden energy. Has been the most laggard of all coal play.  Hope it can breakout its 23 high.  Huat Huat

 

Blackgold finally got rid of contra players yesterday. 
Get set ready Cheong 
Going to chase after Geo energy and golden energy.
Has been the most laggard of all coal play. 
Hope it can breakout its 23 high. 
Huat Huat

 

ORH KIM is moving up slowly power chiong ah...

 

Geo Energy has been running non-stop for so many days without stopping and constantly challenging new high . 
It' s time for the dark horse to run 
BLACKGOLD GO GO GO ! Count down for your showtime soon ! 

 

COALCommodity 243.00+1.50+0.62%

luckychiong99      ( Date: 13-Oct-2021 07:47) Posted: China floods: Coal price hits fresh high as mines shut October 12, 2021 The price of coal used in China's power plants has surged to a new record high as another of the country's key mining regions is hit by flooding. Heavy rains hit Shanxi in recent days, the country's biggest coal producing province, after record floods struck the mining region of Henan in July. Thermal coal on the Zhengzhou Commodity Exchange rose by over 10% on Tuesday. The floods further complicate China's efforts to increase fuel supplies to ease its deepening energy crisis. Shanxi Province, which produced around a third of China's coal supplies this year, was forced to temporarily shut dozens of mines due to flooding. Although some sites are now slowly resuming operations. At least 15 people have died during the severe flooding that has affected more than 1.76 million people in the province, local officials said on Tuesday. Torrential rain last week led to houses collapsing and triggered landslides across more than 70 districts and cities in the northern province. Even before the flooding, China was already facing an energy shortage which has caused power cuts in large parts of the country. In recent weeks, energy firms have been forced to limit electricity supplies to millions of homes and business. On Friday, Beijing reportedly ordered China's coal mines to boost output. The move was the latest attempt by authorities to increase coal supplies after prices hit record highs and electricity shortages forced energy firms to ration power. Since last month, a series of power cuts has forced factories to cut back production or stop operations completely Manufacturing hubs in the northeast of China have been hit particularly hard. The latest rise in the price of thermal coal prices comes on top of a 12% jump on Monday. Energy prices have been rising across the world as the global economy starts to emerge from the pandemic. On Monday, the cost of Brent crude hit its highest since level October 2018, while US-traded oil touched a fresh seven-year-high.

 

China floods: Coal price hits fresh high as mines shut October 12, 2021 The price of coal used in China's power plants has surged to a new record high as another of the country's key mining regions is hit by flooding. Heavy rains hit Shanxi in recent days, the country's biggest coal producing province, after record floods struck the mining region of Henan in July. Thermal coal on the Zhengzhou Commodity Exchange rose by over 10% on Tuesday. The floods further complicate China's efforts to increase fuel supplies to ease its deepening energy crisis. Shanxi Province, which produced around a third of China's coal supplies this year, was forced to temporarily shut dozens of mines due to flooding. Although some sites are now slowly resuming operations. At least 15 people have died during the severe flooding that has affected more than 1.76 million people in the province, local officials said on Tuesday. Torrential rain last week led to houses collapsing and triggered landslides across more than 70 districts and cities in the northern province. Even before the flooding, China was already facing an energy shortage which has caused power cuts in large parts of the country. In recent weeks, energy firms have been forced to limit electricity supplies to millions of homes and business. On Friday, Beijing reportedly ordered China's coal mines to boost output. The move was the latest attempt by authorities to increase coal supplies after prices hit record highs and electricity shortages forced energy firms to ration power. Since last month, a series of power cuts has forced factories to cut back production or stop operations completely Manufacturing hubs in the northeast of China have been hit particularly hard. The latest rise in the price of thermal coal prices comes on top of a 12% jump on Monday. Energy prices have been rising across the world as the global economy starts to emerge from the pandemic. On Monday, the cost of Brent crude hit its highest since level October 2018, while US-traded oil touched a fresh seven-year-high.

 

Hopfully can see sparking fireworks buying soon... 🚀 🚀 🚀

 

The takeover is at 0.08 per share while the placement is at 0.06 per share

luckychiong99      ( Date: 12-Oct-2021 18:42) Posted: and the unaudited management accounts of the Target Group for the financial year ended 31 December 2020. The proforma financial effects of the Proposed Acquisition are for illustrative purposes only and do not necessarily reflect the actual results and financial position of the Group following the Completion. The proforma financial effects of the Proposed Acquisition have been prepared based on, inter alia, the following key bases and assumptions: (a) The financial effects on the Group?s earnings and earnings per Share are computed assuming that the Proposed Acquisition was completed on 1 January 2020. The financial effects on the Group?s NTA and gearing are computed assuming that the Proposed Acquisition was completed on 31 December 2020 (b) The fair value adjustments on the net assets of the Group and positive or negative goodwill arising from the Proposed Acquisition, if any, have not been considered and will be determined on Completion when the Vendors have effectively gained control of the Company. As the final goodwill will have to be determined at Completion, the actual goodwill could be materially different from the assumption used above. Any goodwill arising thereon from the Proposed Acquisition will be accounted for in accordance with the accounting policies of the Company (c) The Consideration Shares were issued at an issue price of S$0.08 per Share (d) The Placement Shares were issued at an issue price of S$0.06 per Share which is only an indicative figure. The Company is in discussion with potential placees and there is no certainty that the Company can secure any placement at this price (e) The Company settles the Shareholders? Loan fully by cash (f) The carrying value of the assets and liabilities of the Company approximates their fair value (g) The allotment and issuance of the Placement Shares, the Consideration Shares and the Introducer Shares are assumed to have been carried out during FY2020 and (h) The analysis does not take into account the Share Consolidation or the Compliance Placement. 7.2 Share capital No. of Shares Issued and paid-up share capital (US$?000) As at 31 December 2020 1,017,077,103 56,453 Add: Conversion shares from series A bonds 133,333,333 1,504 Add: Conversion shares from series B bonds 533,333,332 6,015 luckychiong99      ( Date: 12-Oct-2021 18:20) Posted: Bro , I need show u proof is 0.06 lah . Do u know how to do attachment file upload here ? I can't find any upload button via mobile version lol

 

and the unaudited management accounts of the Target Group for the financial year ended 31 December 2020. The proforma financial effects of the Proposed Acquisition are for illustrative purposes only and do not necessarily reflect the actual results and financial position of the Group following the Completion. The proforma financial effects of the Proposed Acquisition have been prepared based on, inter alia, the following key bases and assumptions: (a) The financial effects on the Group?s earnings and earnings per Share are computed assuming that the Proposed Acquisition was completed on 1 January 2020. The financial effects on the Group?s NTA and gearing are computed assuming that the Proposed Acquisition was completed on 31 December 2020 (b) The fair value adjustments on the net assets of the Group and positive or negative goodwill arising from the Proposed Acquisition, if any, have not been considered and will be determined on Completion when the Vendors have effectively gained control of the Company. As the final goodwill will have to be determined at Completion, the actual goodwill could be materially different from the assumption used above. Any goodwill arising thereon from the Proposed Acquisition will be accounted for in accordance with the accounting policies of the Company (c) The Consideration Shares were issued at an issue price of S$0.08 per Share (d) The Placement Shares were issued at an issue price of S$0.06 per Share which is only an indicative figure. The Company is in discussion with potential placees and there is no certainty that the Company can secure any placement at this price (e) The Company settles the Shareholders? Loan fully by cash (f) The carrying value of the assets and liabilities of the Company approximates their fair value (g) The allotment and issuance of the Placement Shares, the Consideration Shares and the Introducer Shares are assumed to have been carried out during FY2020 and (h) The analysis does not take into account the Share Consolidation or the Compliance Placement. 7.2 Share capital No. of Shares Issued and paid-up share capital (US$?000) As at 31 December 2020 1,017,077,103 56,453 Add: Conversion shares from series A bonds 133,333,333 1,504 Add: Conversion shares from series B bonds 533,333,332 6,015

luckychiong99      ( Date: 12-Oct-2021 18:20) Posted: Bro , I need show u proof is 0.06 lah . Do u know how to do attachment file upload here ? I can't find any upload button via mobile version lol investment      ( Date: 12-Oct-2021 17:48) Posted: Last offer is it 0.006 or 0.06.A lot different.

 

Bro , I need show u proof is 0.06 lah . Do u know how to do attachment file upload here ? I can't find any upload button via mobile version lol

investment      ( Date: 12-Oct-2021 17:48) Posted: Last offer is it 0.006 or 0.06.A lot different. luckychiong99      ( Date: 12-Oct-2021 17:32) Posted: Last offer is 0.06 which failed just in August. Maybe this time we will have more. 3 fold from current price and yet takeover still fail. Mmmm.. wondering what price then ?