
30th March 2018 (: HAPPY EASTER, and to good fortune and lot's of luck for the return of OKD to us the minority shareholders of New World Resources Plc. And for the Czech Government to do something logical and take-over or buy out the majority shareholding/debt note holding from the troublesome AHG Group. (: 28th March 2018 Wednesday: http://www.ceskatelevize.cz/ct24/ekonomika/2433220-v-dole-paskov-se-uz-rok-netezi-v-podzemi-zustavaji-miliony-tun-uhli-a-desitky . ***Alleged Czech News showing a misleading point of view in my opinion. Remember that the first quarter of Q1 2017 the coking coal MV that Paskov produced settled at all time record highs in euro comparative pricing terms!. Here is Confirmation:
https://www.reuters.com/article/teck-resources-pricing/teck-resources-settles-285-tonne-benchmark-coal-price-for-q1-2017-idUSL1N1E7190 2. https://postimg.cc/image/alvwnz49b/ - 12 Dec 2016 Mid-Vol Coking coal contract for Q1 2017 settled at $285US/269Euro a tonne Read all about OKD coal reserves here: https://postimg.cc/image/ohvv42rtb/ - 31 Dec 2011 OKD/NWR Life of the Mine Plan shows average life around 18 years . Continued mining until 2030. (Includes Paskov) https://postimg.cc/image/6u3uuxh4n/ -OKD 9th Aug 2013 CSA site and Karvina life of the mine plan extended to 2035.
https://www.euro.cz/byznys/bakalova-sachta-oziva-polsky-dul-debiensko-restartuji-australane-1399306#utm_source=euro&utm_medium=selfpromo&utm_campaign=eurorss ***MUST READ Dębieńsko*** 26th March 2018 Monday. Tunnel-man Bakala's dream Dębieńsko project is alive. AHG group I allege sold it illegally but yet to be proven.Quote “Czech businessman adds, with the purchase price of $ 230 a ton being absolutely unrealistic. Similar coal from nearby Silesia mines is sold at $ 190 per tonne”. More quotes from the Dębieńsko project “An advantage for them is a lower transportation cost, which is from Australia's largest export country to Europe for nearly two months and costs $ 38 per tonne. In a February presentation for investors, Prairie Mining chief Ben Stoikovich says coal will deliver in one day and transport costs will not exceed five dollars a total of one ton to $ 47. Most likely USD/Euro dollars I would assume. OKD is currently in a “DECLINE” don't be crazy it's not possible at these high prices!!!. What planet are you living on!!!!!. Ohh closing down the highly profitable Pakov and later the rest of OKD, only in the Czech Republic!!!!.
http://iuhli.cz/rozhovor-s-palickou/ 19th March 2018. Yasne, I agree with you OKD Mining Trade Union Association Rostislav Palicka Lets recap late 2016 around Paskov and OKD. Czech Republic Governments plans for OKD Paskov,
https://postimg.cc/image/ibpqlx7zf/ I do feel very strongly that these plans where not in the Czech Peoples interest that the nameless faces represent .And this is my own alleged opinion. But this is a news excellent news article that was published in late August 2016 by coalage, that's owned by Mining Media International.
http://www.coalage.com/features/5355-eastern-european-coal-report.html#.WrULe4huaUk *30th August 2016 CZECH NAMELESS SYCOPHANTS NEED TO BE INVESTIGATED AND TO BE MADE TO TAKE RESPONSIBILITY FOR THEIR ACTIONS AGAINST PASKOV AND FOR GIVING THE ORDERS OF IT'S DESTRUCTION. AND ALSO FOR THE DAMAGE TO OKD. AND FOR THE THIEVERY OF OKD FROM US THE MINORITY SHAREHOLDERS!. THAT MUST BE STOPPED!. AFTER ALL WHO WILL EVER INVEST IN THE CZECH REPUBLIC AFTER FINDING OUT HOW THE MINORITY SHAREHOLDERS OF NWR/OKD ARE BEING TREATED AND HAVE HAD THERE ASSETS OKD ALLEGEDLY STOLEN. Well once again. A recap short summary from 17th September 2016. Aussie's letter email to Lee Louda the Number ONE Big alleged incompetent Boss at NWR OKD.
1. https://postimg.cc/image/vm5wq3f4d/ 2. https://postimg.cc/image/vyxawd54t/ Now my own personal emails so the whole world can see and decide in their own minds. Who is right and or wrong. I feel that some nameless Czech sycophants in the Czech Republic need to take responsibility for the closure of the highly profitable OKD coal mine called PASKOV. 1. 14th January 2017 ivo celechovsky MY email sent to OKD to TRY stop THE closing down of the highly profitable coal mine PASKOV: https://postimg.cc/image/r5l8gna0b/ 2. https://postimg.cc/image/m6xq263nf/ 3. https://postimg.cc/image/68p0c3maz/ 4. https://postimg.cc/image/80hz70l3f/ 5. https://postimg.cc/image/y8t3wffhn/ 6. https://postimg.cc/image/7az6uqcuz/ 7. https://postimg.cc/image/m4mp3cr4h/ Number1 https://postimg.cc/image/hy1uo34e9/ Number2 Where was the Czech Media before and during the closure sorry I mean destruction of the mine Paskov of OKD.
https://www.okd.cz/en/about-us/where-is-okd-active/the-paskov-mine https://www.denik.cz/galerie/dul-paskov.html?mm=7611369&back=1588408633-48-1&photo=24 FLASH BACK – NOT FAKE CZECH NEWS http://www.londonstockexchange.com/exchange/news/alliance-news/detail/1423752455334691300.html **12 Feb 2015 European Commission has approved public funding by the Czech Republic to facilitate the closure of the Paskov mine operated by the company's OKD subsidiary. Under a deal reached in April 2014, the Czech state is to contribute CZK600 million to cover the social costs of the closure, provided that OKD would keep the mine open until the end of 2017. THE CZECH REPUBLIC RENEGED ON THIS PROMISE TO SAVE PASKOV. ALL OF THE CZECH PEOPLE DESERVE TO KNOW THE TRUTH. AND WHY WAS THIS PROMISE TO SAVE AND GIVE FUNDING TO PASKOV STOPPED AND BY WHO?????. https://www.reuters.com/article/poland-jsw/polands-jsw-optimistic-on-reaching-debt-restructuring-deal-idUSL8N1382SU20151113 14th November 2015 JSW debt restructuring The company said it would lower its coal stockpiles to around 350,000 by the end of this year from 989,000 at the end of September. 1. http://money.cnn.com/2016/04/13/news/companies/peabody-coal-bankruptcy/index.html **13th April 2016 Peabody Energy, the world's largest private-sector coal producer, filed for bankruptcy on Wednesday in a U.S. court, citing "unprecedented" industry pressures and a sharp decline in the price of coal. Peabody reported a loss of $2 billion usd last year. 2.
https://www.politico.eu/article/europe-chokes-on-coal/ 14th April 2016 In the Czech Republic, shareholders in the country’s largest hard coal miner, New World Resources, were locked in negotiations with the government and agreed on Thursday to extend one of the company’s credit facilities from April 13 to April 22. NWR wants support for managing layoffs, retraining workers and other social costs, which it says would help keep it out of bankruptcy. 3.
http://www.londonstockexchange.com/exchange/news/alliance-news/detail/1460629620314210100.html -14th April 2018. 2015 New World resources reported a EUR223.6 million pretax loss, swinging from a EUR25.2 million profit the year before. 4.
http://fortune.com/2016/04/17/poland-coal-energy-problems/ 17th April 2016 Last year Poland’s three biggest mining firms, including Kompania Weglowa, KHW and the listed JSW as well as three state-run power producers, which burn the mines’ coal booked a net loss of almost 10 billion zlotys ($2.6 billion). 5.
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/NWR/12799136.html -29th April 2016 New World resources stock market release. Czech Government did not answer or want to help. Please tell us the truth!. 6.
https://www.reuters.com/article/czech-new-world-res/update-2-coal-miner-nwr-faces-insolvency-or-buyout-at-lower-price-minister-idUSL5N17Z2LF ***OKD*** 3rd May 2016. NWR has already said the coal mining group will run out of money by the middle of May and will need to file for insolvency before that unless the government and creditors agree a deal soon. AHG, have offered to sell the coal miner to the Czech state for around 120 million euro , cleared of most debt. https://postimg.cc/image/9emfauc8l/ More OKD management INCOMPETENCE!!! https://www.jsw.pl/en/investors-relations/financial-data/basic-financial-data/data-for-2017-years/ OKD FAKE NEWS TELLS US ABOUT OKD Liabilities. And lee Louda tells us OKD was bankrupt in 2014. Then so was the majority of coal mines in the World!. FACT or NOT!. 7. http://www.coalage.com/features/5355-eastern-european-coal-report.html#.WrULe4huaUk -30th August 2016- Unlike Ukraine and Poland, the Czech government hasn’t shown much of an intention to save the coal mining jobs. The Czech Minister of Industry Jan Mladek, speaking about the OKD situation, has stated that it is clear that coal mining in Ostrava (the main coal producing region) will end. The only question he said is: “When it will take place? It could be 2020, 2022 or 2024.” He explained that the government should now make a gradual shift away from coal over this period. 8. https://www.jsw.pl/en/investors-relations/presentations-and-webcasts/presentations-and-factsheets/presentations-2016/ -30th August 2016- Key premises underpinning the Optimization Plan for the JSW Group in 2016-2025 9. https://financialobserver.eu/poland/the-lack-of-a-strategy-for-the-polish-mining-industry-will-hurt-the-mines/ - 1st September 2016 *https://postimg.org/image/8gy4w7crv/ 9. https://uk.reuters.com/article/jsw-poland-coal/shareholders-in-polish-coal-producer-jsw-agree-to-wind-down-troubled-mine-idUKL8N1DW3O8 -2nd December 2016 JSW, which clinched a deal with its bondholders in August, have surged by 677 percent since the start of this year, on the back of a rebound in coking coal prices 10. https://www.businessinsider.com.au/us-coal-bankruptcy-trump-2016-12?r=US&IR=T -DEC 10, 2016 Americian Arch Coal, the country’s second biggest producer, filed for bankruptcy in January 2016, and Alpha Natural Resources, the fourth biggest, sought chapter 11 protection in August 2015 (it emerged from bankruptcy in July 2016). 11. https://www.platts.com/latest-news/metals/warsaw/polish-coking-coal-miner-jsw-sees-2017-price-26647129 25 Jan 2017 JSW located in Silesia a few kilometres over the boarder from OKD coal mines. Note:* JSW's Q4 price followed benchmark!!!. terrible job Czech Media. See the results of Paskov destruction. INCOMPETENCE!.
https://www.kurzy.cz/nazory/default.asp?A=N&PR=1244061&T=10664 ***23rd March 2017 letter from NWR assigned Liquidator Duff & Phelps BV letter sent to OKD. Duff & Phelps are experts and they believe OKD is solvent and can not be bankrupt too!. 13. https://www.reuters.com/article/us-jsw-poland/polish-miner-jsw-considers-bond-issues-to-finance-rise-in-coking-coal-output-idUSKBN1CN1VV -19th October 2017 JSW, the EU’s biggest producer of coal for steel-making, could issue bonds in the United States and on the domestic market at the start of 2018 as it plans to increase investment and output I remember it well, The Czech Republic's media in my alleged opinion was in a large majority of cases. Reporting OKD is bankrupt and in decline due to low coal prices. But the facts clearly show, Paskov and the the whole OKD coal mines became highly profitable from the 1st of October 2016. Due to the massive lucky rise in global coal pricing. http://www.platts.com/latest-news/metals/london/peabody-deal-at-200mt-said-to-break-q4-coking-21741895 - -10 Oct 2016 Q3 3rd Quarter 2016 benchmark deal Peabody coal settled mid-vol Coking coal contract at $200/Mt FOB up from the previous Q2 pricing of $92.50 https://postimg.cc/image/hqsn82etj/ - 24 Oct 2016 Large Thermal coal contract for 6300Kcal thermal coal settled at $94.75/ 87Euro for the period of one year starting October 1, 2016 through to September 30, 2017. SHAME ON YOU THE CZECH MEDIA! 21st March 2018 Wednesday- More Czech Fake news. OKD owners the shareholders of New World resources Pc, must go to the Highest Supreme Court in Moravia Brno to appeal !. That's the next stage. Journalists should and must investigate the truth about OKD like the destruction of Paskov. And who at the top gave those orders of destruction!. Please correct me if I am wrong, the Constitutional Court is for only peoples rights and not companies. SIR PRESIDENT ZEMAN IS RIGHT ABOUT YOU. NEVER-ENDING INCOMPETENCE. PASKOV 3000 EMPLOYEES LOST!. THE MUCH NEEDED AND THE CZECH REPUBLICS OWN HIGHEST GRADE OF COKING COAL SUPPLY AT PASKOV. LOST DESTROYED NEXT WILL BE THE DESTRUCTION OF THE REST OF OKD! The newly established company OKD Nástupnická, where 100 percent of the original shareholding of OKD will only receive a pitiful CZK 80 million by the state-owned enterprise Prisko. In the original OKD, only claims on former owners will remain. And the Czech state gets a multi billion dollar company listed on 3 different stock markets for a little over 3 million euro!. THIEVERY ON A GLOBAL SCALE!!!. PEOPLE FROM ALL OVER THE WHOLE WORLD WILL DECIDE AFTER SEEING THIS HAPPEN TO OKD. THE THIEVERY OF OKD MUST BE STOPPED!!!. JUSTICE MUST BE BROUGHT UPON ZDENEK BAKALA!!. AND THE RETURN OF OKD TO US THE MINORITY SHARHOLDERS AND OR COMPENSATION CZECH REPUBLIC'S ANSWER does seem to be to allow, Zdeněk Bakala to live in his Switzerland Mansion on lake Geneva like a King, smoking his lavish cigars smirking and laughing at our misfortune . With billions of euro dollars that he plundered from the Czech Republic and companies like New World Resources and OKD. We alleged the logical answer that Bakala must be protected by some very high up sycophants in Czech Politics?. Why are so their so many nameless Czech Politicians that seem to only have interest in allegedly stealing back OKD when they sold it at market prices many years ago in 2004 and the 1990s?. Most Czech Politicians who can make and change laws do seem to be ignorant in my opinion to what Bakala has done and unwilling to take any actions especially criminal actions against him. EVERYTHING in all matters and regards about OKD must be published in public online. That is the truth the Czech people want to see and it's there fundamental rights . VOTE NOW!. Click the link,
http://www.easypolls.net/poll.html?p=5a949d5be4b04e95a4b00434 - Do you feel that OKD coal mines where sold at market prices in the Czech Government minority shareholding sale in 2004. And also in the majority shareholding sell down in the 1990s. Everything I have written here is alleged and my opinion alone. Please do your own research. 4. And please it's very important to also read the all the other Parts of “Investing in the Czech Republic and the return to Communism” and about OKD and the Incompetence Look below this discussion and John Smith. And click on previous to view. ++++++++++++++++++++++++++++
OKD MINORITY SHAREHOLDERS, are mostly Czech citizens and we are the unloved human beings. We want our company OKD returned to us!. To us Minority shareholder of New World resources. Thievery its very common in all regards to OKD!. https://postimg.cc/image/6769h6q63/ - This is my own money that was paid to save OKD NWR on the 23rd/ 24th September 2014!. 18497 Euro and was never intended to be a donation to Lee Louda and then transferred to Prisko, and the Czech Government or any owned department or company. Shame on you!!. I am personally beyond disgusted and insulted about the thievery of my money and assets. I have many more letters I could and may release in regards to OKD and New World Resources. It's no problem I have hundreds of emails/letters I could release to the whole world!!. ++___________________________________ Latest coal pricing. https://www.platts.com/latest-news/metals/london/analysis-coking-coal-pricing-holds-up-in-europe-26910046 -15th march 2018 Sources said an Oaky Creek premium mid-vol HCC contract had been settled for the second quarter at $240/mt FOB for a European customer or customers. In addition, several BHP Billiton coals, expected to be shipped together to Europe, were also reported traded on a spot basis at $239/mt for April loading. For Q1 2018, the quarterly premium HCC price based on spot indexes was $237/mt FOB https://www.metalbulletin.com/Article/3792205/Latest-news/COKING-COAL-QUARTERLY-Japanese-mills-set-to-pay-more-amid-supply-concerns.html - 7th March 2018 Metal Bulletin’s fob Australia Premium Hard Coking Coal Index averaged $236.07 per tonne over the December-February period, up 23% compared with $191.93 per tonne during the September-November stretch. coking coal index stood at $235.84 per tonne on Tuesday March 6, compared with $216.94 per tonne on February 1. https://www.platts.com/latest-news/coal/singapore/mid-term-coal-prices-to-remain-strong-on-china-21427574 - -27th February 2018 The price had fallen to as low as $48.50/mt FOB in January 2016, Platts data showed. https://www.platts.com/latest-news/metals/singapore/impact-of-aurizon-rail-cut-on-australias-coking-26897526 23rd February 2018 Spot prices for Platts premium low vol coking coal quadrupled year over year in 2016 and, during cyclone Debbie, Platts premium coal prices saw their largest daily increase of US$58.50 (or 32%), to US$241/t FOB Australia. -_____-------------------------------------------0------------
News may include fake Czech news so warning you now!. http://www.lse.co.uk/AllNews.asp?code=r4u1kfb6&headline=Prairie_Mining_In_Talks_With_Polish_Miner_Over_Potential_Cooperation **29th March 2018. Polish coal miner Jastrzebska Spotka Weglowa SA (JSW) was always after buying the Debiensko hard coking coal project in Silesia Poland when it belonged to NWR. JSW also will assess other various risks and opportunities, including JSW's existing infrastructure at the neighbouring Knurow-Szczyglowice mine. AHG Group in my opinion did this illegal sale and the Regulators must deal with the case and severely punish the AHG Group. 1. http://www.ceskatelevize.cz/ct24/ekonomika/2430484-okd-chce-prijmout-pres-tri-sta-lidi-horniky-laka-na-60tisicovy-naborovy-priplatek -25th March 2018 Sunday. Paskov is still a valuable MV coking coal mine especially to steel producer or mill. 1. https://feedit.cz/2018/03/23/sef-komise-k-okd-cernohorsky-stat-ma-stale-sanci-odstoupit-od-privatizacni-smlouvy/ -March 23, 2018 Czech Government only sold a minority in 2004 fact. So majority of OKD would not change. Maybe some nameless Czech people are Incompetence in all matters regarding OKD. Secondly it's a fact coking coal went up-to 120% in late 2004!. Thermal coal also massive gains. https://www.denik.cz/galerie/dul-paskov.html?mm=7611369&back=1588408633-48-1&photo=11 *PASKOV medium Volitile (MV) coking coal, the best quality in the whole Czech Republic. Closed down by nameless alleged incompetent faces. Was highly profitable when closed down. There must be criminal complaints against those who ordered this closure of PASKOV!. 1.
http://iuhli.cz/prisko-jeste-okd-nevlastni/ -22nd March 2018 Thursday. OKD thievery to state-run Prisko for 80 million crowns bought the failed Ostrava-Karviná mines, a look into the Commercial Register shows that the transaction has not yet been completed.
https://www.irozhlas.cz/zpravy-domov/milos-zeman-kancelar-prezidenta-republiky-vratislav-mynar-martin-nejedly_1803221805_hm -22nd March 2018 Thursday. Just show China the case of shareholder rights in the our company OKD. China will learn fast, but some incompetent will never learn.
1. http://www.blesk.cz/clanek/zpravy-politika/532090/smutny-konec-sobotky-babis-se-jen-usmal-kalousek-dekuje-okamura-vytahl-okd.html -22nd March 2018 Thursday Bohuslav Sobotka former Prime minster resigned. Pavol Krupa did mention he would not help. And Mr Sobotka was Prime Minster at the time of OKD publicly named decline. Sorry did Sobotka order the decline sorry I mean destruction of the highly profitable Paskov MV coking coal mine and cause the 3000 workers to loose their jobs. And was it his orders to issue the plan to close down all highly profitable OKD coking coal mines??. https://ostrava.idnes.cz/citibank-prohrala-dalsi-ustavni-stiznost-kvuli-okd-fhq-/ostrava-zpravy.aspx?c=A180321_390762_ostrava-zpravy_dar#utm_source=rss&utm_medium=feed&utm_campaign=ostrava&utm_content=main -21st March 2018 Wednesday- Please correct me if I am wrong, the Constitutional Court is for only peoples rights and not companies. 1. https://www.platts.com/latest-news/coal/warsaw/polish-jsws-2017-coking-coal-output-falls-78-26908627 *** Read***JSW benefited from higher sales prices, with its average coking coal price rising 63.7% year on year to Zloty 656.63/mt ($193/mt) up from Zloty 401.12/mt. The company's average thermal coal price increased 10.2% to Zloty 206.71/mt. 2. http://www.miningweekly.com/article/polish-jsw-beats-forecasts-with-2017-profit-but-suspends-dividend-2018-03-13 3. https://af.reuters.com/article/commoditiesNews/idAFL8N1QU529 13th March 2018 Tuesday (JSW 602,742,000.00 Euro net profit) . JSW, the European Union's biggest coking coal producer, said on Monday its 2017 net profit jumped to 2.54-billion zlotys ($745.31-million usd) (602,742,000.00 Euro net profit) from 6.7-million zlotys a year earlier, driven by a 65% rise in the average coking coal price. 4. OKD neighbour JSW is located a few kilometres away. And also went into bankruptcy in 2016 with massive debts much bigger than OKD/NWR. But Polish believe in helping and saving coal mines and restructured and had the company returned to the stock-markets. But when it comes to all coal matters Polish are not so “STUPID”. Sorry did I just say that without thinking. Ohh but I do feel the Czech Republic's answer is to decline OKD coal production and then later close down OKD coal mines. Czech Republic does not want shareholders to own anything of OKD's highly profitable coking coal mines in Silesia . But the Polish neighbours at JSW want and do expand and increase production and to maximise profits at these lucky coal mines that are located only a few mere kilometres away from OKD mines almost straight over the boarder. In my opinion what we the minority shareholders of New World Resources/OKD are having done to our company OKD is thievery, criminal, Stupid, wrong, and beyond incompetence!. Only in the Czech Republic!. 5. I think my assumption of around a 400,000,000+ euro net profit for OKD from 1st October 2016 until now March 2018 looks very likely, plausible. 1. https://postimg.cc/image/ld59qb7jp/ 2. https://www.jsw.pl/en/contact/map-directions/ 3. http://www.okd.cz/cs/tezime-uhli/jak-se-tezi-v-okd 4. http://www.okd.cz/cs/o-nas/kde-pusobi-okd/dul-frenstat 5. http://wikimapia.org/#lang=en&lat=49.829600&lon=18.444600&z=15&m=b https://af.reuters.com/article/commoditiesNews/idAFL8N1OK12R - 20th Dec 2017. JSW, the European Union’s biggest coking coal producer, plans to invest 18.9 billion zlotys ($5.33 billion) by 2030 to increase its coal output capability, https://cs.wikipedia.org/wiki/M%C3%A9dia_v_%C4%8Cesku -Czech Media