Altona’s latest Annual Report is somewhat opaque

On 27 December 2018, AIM-quoted Altona Energy published its latest Annual report on the financial year ending 30 June 2018. Given that Altona listed on AIM as long ago as 2005, things still seem to be at a relatively preliminary stage. The story looks much as it was: Altona is a very small company, with [...]

By |2019-01-08T07:46:44+00:00January 8th, 2019|Altona Energy|Comments Off on Altona’s latest Annual Report is somewhat opaque

Altona gives an update on its switch from clean tech to conventional coal extraction

We wrote about AIM-listed Altona Energy on 15 August 2016. The first paragraph of our report said that “Altona last appeared in Greenbarrel in February 2014. Since then there have been a lot of changes but little progress.” What was meant by this was that the company, despite on-and-off offers of huge financing from Chinese [...]

By |2018-06-21T09:22:09+00:00June 21st, 2018|Altona Energy|Comments Off on Altona gives an update on its switch from clean tech to conventional coal extraction

Altona abandons its coal gasification project and refocuses on conventional coal extraction

We last wrote about AIM-listed Altona Energy on 15 August 2016. The first para of our report said that “Altona last appeared in Greenbarrel in February 2014. Since then there have been a lot of changes but little progress.” Now a further 16 months on, the company’s audited Final Results Report for the financial year [...]

By |2018-01-17T15:21:12+00:00January 17th, 2018|Altona Energy|Comments Off on Altona abandons its coal gasification project and refocuses on conventional coal extraction

Altona continues to look for a solution

Altona last appeared in Greenbarrel in February 2014. Since then there have been a lot of changes but little progress. Altona hold licenses to explore the large Arckaringa coal deposits that lie below an uninhabited area of South Australia some 600 miles NW of Adelaide. At the time the licences were acquired in 2005 the [...]

By |2017-06-16T11:03:21+00:00August 15th, 2016|Altona Energy|Comments Off on Altona continues to look for a solution
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