Glückauf

 

 

 

 

 

 

 

 

 

 

mindestens so problematisch wie Kohle.

http://www.coalguru.com/north_america/...as_as_doubtful_as_coal/12232  

- Geringe Nachfrage China

- Geringe Nachfrage Stahlindustrie

- Fracking -> Günstige Gaspreis

- Erschwerte Auflagen USA für Kohle

- Spekulation

- Polypol mit zu vielen Anbietern.

 

http://www.sbwire.com/press-releases/...ources-inc-nyseanr-294853.htm

Coal-mining company Patriot Coal Corp. is seeking to broaden an ongoing investigation into the spinoffs it says allowed its predecessors to dump hundreds of millions of dollars in legacy liabilities on its shoulders. In court papers filed Tuesday, Patriot asked a bankruptcy judge to let it expand a pending probe against former parent Peabody Energy Corp. (BTU) to include Arch Coal Inc. (ACI) and private-equity firm ArcLight Capital Partners LLC. Patriot said understanding Arch and ArcLight's creation of Magnum Coal, the mining unit that merged with Patriot in 2008, as well as the companies' role in selecting which assets and liabilities followed Magnum to Patriot, is "essential" to its ongoing investigation. Such an investigation, Patriot added, will determine whether the company can pursue litigation related to the merger as well as its spinoff from Peabody in 2007. Patriot has blamed its high legacy liabilities as a contributing factor to its bankruptcy, which it filed last year. For much of this year, the company and its unsecured creditors have been investigating whether the company's spinoff from Peabody was a fraudulent deal that can be challenged in litigation. If successful, they have said such a claim "could result in sizable recoveries for Patriot and its creditors." Peabody has vowed to defend itself against any spinoff-related claims, which it says would lack merit. Among the topics Patriot hopes to broach in its probe of Arch: the assets and debts it contributed to Magnum upon Magnum's 2005 creation as well as Arch's assessment of Magnum's prospects. Reached Wednesday, Arch spokeswoman Kim Link said the company had "no involvement whatsoever" in ArcLight's decision to sell Magnum to Patriot or Patriot's decision to purchase Magnum. As for ArcLight, Patriot wants to learn more about its role as Magnum's majority shareholder at the time of Patriot's 2008 purchase of Magnum. An ArcLight representative couldn't immediately be reached for comment Wednesday. The U.S. Bankruptcy Court in St. Louis will hold a Sept. 24 hearing to consider Patriot's request to probe Arch and ArcLight. Next week, the court will consider Patriot's request to force Peabody to comply with its investigation. Patriot has accused the Peabody of not cooperating with the probe in a possible bid to run out the clock on any legal claims Patriot may have, though Peabody says it has been "working diligently" to respond to the discovery requests and will continue to do so. The discovery battle escalated Tuesday, when Patriot filed a lawsuit in bankruptcy court to block Peabody from dragging it into a legal battle with the miners' union. The United Mine Workers of America union sued Peabody and Arch in federal district court last fall, seeking to hold them accountable for the benefits they promised to retirees but which were later transferred to Patriot. Both Peabody and Arch have asked the court to dismiss the lawsuit. According to Patriot, Peabody slapped it with a subpoena demanding documents that Patriot says would cost it "multiple millions of dollars and thousands of hours of work" to gather. Such an effort would district Patriot from a crucial time in its restructuring, Patriot said, prompting its request for the court to shield it from Peabody's request. Peabody spokesman Vic Svec said union's lawsuit lacks merit because the health-care obligations at issue belong to Patriot, not Peabody. He defended Peabody's subpoena against Patriot as a means "to ensure that there is a comprehensive discovery process in support of court proceedings.  

http://www.coalguru.com/china/...e_coal_industry_is_bust_platts/12563  

dass dieser Wert nicht ewig bei einem Viertel des Buchwertes gehandelt wird, scheint jetzt auch den Shortys klar zu werden. Wird für Diejenigen bald zu riskant. Die Märkte murmeln, die Gerüchteküche brodelt!  

weißt Du, ob dieser Deal schon über die Bühne gegangen ist?


Baosteel plant Einstieg bei Russlands Mechel


(shareribs.com) Moskau 10.04.13 - Wie die russische Zeitung Wedomosti berichtet, plant der chinesische Stahlproduzent Baosteel den Einstieg bei der Minensparte des russischen Stahl- und Kohleproduzenten Mechel.

Baoshan Iron and Steel befindet sich einem Bericht von Wedomosti zufolge in Gesprächen mit Mechel Steel Das chinesische Unternehmen will offenbar für 1,25 Mrd. USD einen Anteil von 25 Prozent an der Minensparte von Mechel übernehmen. Die Sparte könnte mit der Übernahme mit 5,0 Mrd. USD bewertet werden, wie die Zeitung weiter berichtet. Mechel hat in den vergangenen Jahren 9,1 Mrd. USD Schulden angehäuft und sucht nun nach Möglichkeiten, diese abzubauen. Der Verkauf eines Anteils an der Minensparte wurde Mechel bereits angekündigt, Ziel ist es, die Entwicklung des Elga-Vorkommens voranzutreiben.

Lg
TT

 

...diese Meldung zwar damals auch gelesen, dann aber nicht mehr weiter verfolgt. Hab Mtl schon manchmal getradet, dann irgendwann mal die Finger von gelassen, weil mir das Invest wegen der hohen Schuldenlast zu heiß wurde. Bin seit langem all in ANR und ein dementsprechend leidgeprüfter Investor. All in in einem Unternehmen zu sein ist zwar auch total irrsinnig, aber ich schätze Alpha Natural sehr hoch. Wobei man schon sagen muss, ANR ist nicht wirklich Shareholder freundlich. Das Potential ist aber enorm! Hab schon einige Übernahmen in diesem Industriesektor verpasst. Falls sowas hier ab geht bin ich sicher nicht out of line!
Und wirlich, dieses fracking ist ja wirklich der letzte Dreck! Wisst ihr wieviel Gas da in die Atmosphäre gelangt...  

kadmon! Danke trotzdem!

Glaubst Du, dass die Mechel wieder auf die Beine kommt?

Lg
TT  

Fracking: Sehe das Problem weniger darin, dassdas Gas in Umlauf kommt. Problem liegt darin, dass verschiedenste Giftstoffe in den Boden gepumpt wird. Das beeinflusst früher oder später die Trinkwasserqualität wie auch unsere Umwelt.

 

http://www.reuters.com/article/2013/10/16/...gy-idUSL1N0I60RB20131016  

dem Kursanstieg, der am 21.10.2013 begann. Da wissen welche mehr als wir! Kann mir da mal jemand auf die Sprünge helfen?  

gehören 50% von Rice Energy

http://www.sourcewatch.org/index.php?title=Alpha_Natural_Resources  

increased its ownership in Alpha Natural Resources after the joint venture was formed.

http://marcellusdrilling.com/2013/10/...ipo-dan-rice-gets-last-laugh/  

Rice Energy planning IPO: Reuters
Posted on Thursday, 17 October 2013 14:15
Pennsylvania-based natural gas exploration firm Rice Energy is looking to carry out an initial public offering (IPO), Reuters reported.

Sources told the news provider the offering could value the company at between USD 1.50 billion and USD 2.50 billion.

The people with knowledge of the matter said Rice Energy has submitted a confidential registration statement to US regulators and has hired Barclays to manage the offering.

The IPO is due to take place at the start of 2014, the individuals, who declined to be identified, told Reuters.

Neither the company, nor Barclays were able to comment on the reports.

Rice Energy was founded in Cannonsburg in 2005 by Daniel Rice III, who was formerly a manager of Blackrock portfolios.

His son Toby Rice is the current chief executive of the business.

Daniel Rice stepped down from Blackrock last year after questions were raised regarding his personal dealings involving investments in Rice Energy and its joint venture with Alpha Natural Resources.

Following the tie-up between the two companies, Blackrock increased its stake in Alpha from 2.0 per cent to more than 9.0 per cent, as reported by the Wall Street Journal earlier this year.

Rice Energy is a major provider of natural gas exploration and production services in the Pennsylvania region.

According to its website, it is the second largest player in Washington County and one of the top producers in Greene County.

The firm’s current projects include Pennsylvania's Marcellus shale, a formation which covers 15.00 million acres across four states.

It has depths below the surface of between 4,000 and 9,000 feet.

The company’s first Marcellus Shale well was drilled in Washington County in 2004.

Rice Energy is also a portfolio company of private equity firm Natural Gas Partners.

For the financial year 2012, it had estimated operating revenue of USD 2.20 million.

© Zephus Ltd