COOL continental coal

Discussion for Any Company Anywhere. As companies get more popular here they will be given their own full forum...

Moderator: kev yorks

londonz
Posts: 658
Joined: Tue Mar 20, 2012 4:22 pm

COOL continental coal

Post by londonz »

just saw this in BB. anyone aware of this offers?

Continental has now formalised a due diligence and bidding process with its advisors in South Africa, and has received very encouraging indicative non-binding bids including offers ""several times Continental’s current market cap"". of A$16 million.

http://www.proactiveinvestors.co.uk/com ... 47853.html
londonz
Posts: 658
Joined: Tue Mar 20, 2012 4:22 pm

Re: COOL continental coal

Post by londonz »

londonz
Posts: 658
Joined: Tue Mar 20, 2012 4:22 pm

Re: COOL continental coal

Post by londonz »

unloved by many due to connection with PL/Okap

but fundamental is very strong and expecting news on asset sale a couple of times current mc.

Indian is looking to buy.

massive volume today, could be on the breakout tomorrow
londonz
Posts: 658
Joined: Tue Mar 20, 2012 4:22 pm

Re: COOL continental coal

Post by londonz »

posted in iii:

http://www.iii.co.uk/investment/detail/ ... d=10311555

Minimum 15p for at least two reasons:

1- JORC is conservatively valued at 15p at the low coal pricing, but of course when coal price is up, the valuation will also go up

as per advfn:
the point is how much the JORC is worth on the street today. it certainly isn't 4.25p. as we all know the sp is primarily discounted to this level on the back of the existing coal price which is at a comparative low. my calculation of street value would work on the basis of the following JORC 5.4 million x usd80(APX fob)/5 years(90,000 tons per month)= USD86.4M = GBP54M or 14.5p, all in the crystal ball

2- director JB (BoD) bought the majority chunk around 15p - see below. He surely wont accept offer where he is at loss.

Director deals per LSE website:
Trade Date---Action---Notifier ----------------Price--Currency---Amount--
15-Nov-12---Buy------Jason P Brewer---------0.04---AUD------100,000
29-Jun-12---Buy-----Lodewyk("Don")Turvey--9.26--GBX------538,000
14-Oct-11---Buy-----Jason P Brewer-----------0.19--AUD------63,333
22-Sep-11---Buy-----Jason P Brewer----------0.24--AUD------241,667
20-Sep-11---Buy-----Jason P Brewer----------0.25--AUD------50,000



AND, the fact that as confirmed in the quarterly report of COOL and also per press in proactive website, they received several offers, not just one. so thats means, JB can negotiate for the best price, could well be 20p plus!!

here waiting and hoping. news could be anytime now. no rush there as long as the offer is 15p-20p plus!!

-------------------------

http://www.proactiveinvestors.co.uk/com ... 47853.html


------------------------------


sorry, need to add:

largest shareholder is a private equity/family office house (socius capital = 11%). they surely wont accept any cheap offer as they invested large chunk in there at much higher price.

http://www.ge.tt/42WIcsU/v/0?c
londonz
Posts: 658
Joined: Tue Mar 20, 2012 4:22 pm

Re: COOL continental coal - RNS

Post by londonz »

RNS confirmed of offers received. refer to excellent analysis in iii:

http://www.iii.co.uk/investment/detail/ ... d=10313219

RNS - confirmed

RNS out in ASX ("speeding ticket") which confirmed several offers received - now they are negotiating the price and will be announced soon.

BOD have learned their lesson where in the past they were over promised and missed the deadlines. So this time round, they want to play it safe and will announce it within this quarter. I believe it will be anytime soon in Jan, at most Feb. They have already received all bidding and due diligence back in Dec 2012, and now negotiating the price (someone told in LSE BB that BOD in south africa since last week!)

Looking back, asset alone worth more than 15p (see calculation from advfn posted in my earlier msg) and now COOL are already producing and can benefit significantly with any increase of coal price in the future IF we didnt sell (coal price at all time low - slowly recovering now).

So, for COOL to accept any offer, it will be at much higher than 15p (director-JB bought large chunk at 15p). Maybe thats why they are still negotiating and the fact that we received several offers (Indian coal player, major global trading could be Glencore? and private equity!!) which means COOL is in the position to demand much higher price!!

here my target 29p as per broker target of 29p!



RNS in ASX
read in details - lots more info there

http://www.asx.com.au/asxpdf/20130110/p ... zz8yd9.pdf
"Due diligence and bidding process completed with indian based coal and power utility companies, major global commodity trading and private equity groups with offers received for the company's interest in its South African business and for acquisition and/or joint venture of specific operating and development projects. Negotiation in respect to these offers are continuing and an update is planned to be made in the current quarter"


-----------------

http://www.proactiveinvestors.co.uk/com ... 47853.html

These discussions are well advanced and indicate that the company’s assets are currently trading at a significant discount to market value.

Continental has now formalised a due diligence and bidding process with its advisors in South Africa, and has received very encouraging indicative non-binding bids including offers several times Continental’s current market cap. of A$16 million.




-----------------

Broker target
i know investec has target price of 10p, but GMP securities still have their target price of 29p
http://www.conticoal.com/_content/documents/566.pdf
so, the average of those two = 20p!!
way too cheap at this level


-----------------

large shareholdings
Socius, being the largest shareholder at 11%.
they call themselves family office/private equity so, wont be selling this at loss, and more likely at double digit.

see below.
http://www.ge.tt/42WIcsU/v/0?c

--------------------

above my opinion only lol
londonz
Posts: 658
Joined: Tue Mar 20, 2012 4:22 pm

Re: COOL continental coal

Post by londonz »

http://www.iii.co.uk/articles/68442/con ... further-go

Potential offer?

Firstly, the RNS confirmed that Continental Coal had received offers for its South African business and for the "acquisition and/or joint venture of specific operating and development projects". It added: "Negotiations in respect to these offers are continuing and an update is planned to be made in the current quarter."

Secondly, for those arguing that the offer has already been priced in, remember shares reached a peak of 18p in March 2012. An offer in the region of 15p, or even 10p, would not go unnoticed, given that the share price is currently at 5.5p.
londonz
Posts: 658
Joined: Tue Mar 20, 2012 4:22 pm

Re: COOL continental coal

Post by londonz »

regarding cool, the deal could be finalised anytime but doesnt have to be in Jan. recent RNS saying it will be finalised within this quarter.

so, could well be feb/march we are looking at since there is always delay in dealing with OKAP
londonz
Posts: 658
Joined: Tue Mar 20, 2012 4:22 pm

Re: COOL continental coal

Post by londonz »

COOL extended the expiry date of listed option which going to expire tomorrow at 50cent (33p)

the good news is, on 4th Feb COOL reduces the strike price from 50cent to 37.5cent (23p) if to be executed by the original expiry date . I only believe the reason why this is reduced to 23p because COOL believe COOL sp could well be higher than 23p. perhaps as they already know the impact of the asset/mine sale to the sp (ie, will be higher than 23p).

nevertheless, since the sale discussion is still ongoing, hopefully once its confirmed this month (as per conversation in advfn) we will see pass through 20p.

http://www.asx.com.au/asxpdf/20130204/p ... rgdpnj.pdf
londonz
Posts: 658
Joined: Tue Mar 20, 2012 4:22 pm

Re: COOL continental coal

Post by londonz »

correction on strike option price. they didnt reduce the strike price (was my mistake in reading it). nevertheless, the fact that they extended it gives strong indication that it will be achieved and very positive.
londonz
Posts: 658
Joined: Tue Mar 20, 2012 4:22 pm

Re: COOL continental coal

Post by londonz »

Continental Coal keeps sliding: down 6.2% in 3 days (Company Newsbites)
Tuesday, February 12, 2013 05:01:00 AM (GMT)


AUSTRALIAN COMPANY NEWS BITES

STOCK REPORT

Continental Coal Limited (ASX:CCC), extended its slide Tuesday, shedding an additional 0.10c (or 1.6%) to close at 6.0c. The shares have slumped 0.40c (or 6.2%) over the past three trading days. Compared with the All Ordinaries Index, which rose 2.9 points (or 0.1%) on the day, this was a relative price change of -1.7%.

RELATIVE VALUATION INDICATORS [RVI] FUNDAMENTALS

Bullish Signals:

Valuation

- Price/Sales of 0.3 versus sector average of 1.5 and market average of 1.4.

- The Price to Book of 0.5 is lower than the average of 2.5 for the Materials sector and 2.6 for the Total Australian Market. We estimate the shares are trading at a current year Price to Book of 0.3 and a forward year Price to Book of 0.2.

- The company is cash rich with Cash to Market Capitalisation at 51.4%

- Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.1. Compared with the rest of the market the stock is undervalued and ranks in the top 2% of stock by value of Q Ratio.
londonz
Posts: 658
Joined: Tue Mar 20, 2012 4:22 pm

Re: COOL continental coal

Post by londonz »

excellent post in iii:

excellent RNS per here:
http://www.iii.co.uk/investment/detail/ ... id=8707192

- several offers from a couple of bidders to buy either all or part of COOL south african coal business - the indicative bids were several times (i would say at least 3 times) COOL market cap.
- bidding for non-core coal mines in south africa (to acquire 100% of the COOL's interests
in Vaalbank, Project X, Wesselton II, Leiden and Mooifontein Coal Projects)
- several offers to be JV partner with COOL on Botswana mines which has 2.2 billion JORC


sp may drift a bit but reading again these RNSs give you comfort that deals will be announced soon especially where coal price is higher this year than last year and penumbra coal mine already started producing (hence increases the value which bidder will need to pay!).

also, not easy to finalise bids where several buyers are interested to buy, not just one buyer! and the fact that its already overdue and i also got email (you can email direct to BOD) confirming that bidding to be finalised very soon is very encouraging.

and not just 1 RNS we are waiting for, but could be all these potential offers:
- selling of our core mine (we have several core mines - see presentation in website)
- selling of non-core mine
- JV for botswana

so, total screaming BUY!!!!

-----------------------------------------------------------
Extract from RNS:

Acquisition and Direct Investment in the Company's South African Coal Assets

The Company has received several approaches from Indian based coal and power
utility companies, as well as major global commodity trading and private equity
groups, looking to acquire all or part of the Company's South African thermal
coal mining business.

The Company advises that indicative non-binding bids several times the Company's
current market capitalisation have been received for an outright acquisition of
the Company's South African thermal coal mining business.

"The indicative non-binding offers received from these parties and the values
that they have attributed to our South African thermal coal mining business
suggests that our assets are currently trading at a significant discount to
market value," he added.

***********************************
Sale of Non-Core Assets

The Company has further received non-binding expressions of interests to
acquire a number of the Company's exploration projects within its thermal coal
mining portfolio in South Africa that are designated as non-core.

To date this has included proposals to acquire 100% of the Company's interests
in the Vaalbank, Project X, Wesselton II, Leiden and Mooifontein Coal Projects
in South Africa.

In addition, and following the results of the Company's Phase 1 drilling
program and 2.2 billion tonne JORC compliant inferred resource delineated on
its Serowe and Kweneng Projects in Botswana, the Company has received interest
from a number of groups seeking to acquire and/or earn a joint venture interest
into these assets in Botswana.
londonz
Posts: 658
Joined: Tue Mar 20, 2012 4:22 pm

Re: COOL continental coal

Post by londonz »

per iii

-----------

i am surprised nobody mentioned about COOL RNS last thursday on confirmation that VMR is buying 19% stake of COOL by issuing share at premium of around 5.5p, which has been approved at agm.

share to be issued /equity investment will be in april

at the moment COOL drifting on low volume due to last placing for bank loan converted to share (which has been slowly drying up - so soon no more cheap seller)

referring what happen last time to RXP on equity investment/placing at premium and sp shot up around 100% on more.

this will move up very fast on small buys and very soon as seller will dry up pretty soon.
londonz
Posts: 658
Joined: Tue Mar 20, 2012 4:22 pm

Re: COOL continental coal - premium placing 5.4p

Post by londonz »

copied from bb

COOL - placing at PREMIUM = 5.4p!!

something to watch next week. price has been bring down to 3p as per RNS, ie VMR buying minority holder at around 3p price.

the transfer of the parcel will be done on 29th April, after which break will be released.

also expected by end of April VMR/early May to receive approval from south african bank to confirm that they can go ahead with premium placing for 16% stake at 5.4p!!

VMR will also purchase further shares in open market to bring their stake to 19.9%

AND investors totally ignore the fact that De Wittekrans project alone will generate 145m per year. YET COOL market cap only 14m!!

--------------- per RNS
De Wittekrans Coal Project to
be a major mining operation producing 3.6Mtpa of ROM coal over a 33 year mine
life with annual sales of up to 2.4Mtpa of a thermal coal product, ideally
suited for the Asian export market and South African domestic market and
forecast annual sales revenue of up to US$145m.
londonz
Posts: 658
Joined: Tue Mar 20, 2012 4:22 pm

Re: COOL continental coal

Post by londonz »

updated shareholder holdings:
http://ge.tt/3VaCXVf/v/0

the latest broker report (Mar 2013)
broker target price = as high as AUD 0.34 (ie 23p!!)
http://www.conticoal.com/_content/documents/676.pdf

copied from ADVFN:

comparing COOL vs CZA, i believe COOL is much more undervalued.
COOL now waiting for RNS on approval of equity investment at 5.5p to trigger the rerating here, which once it moves, it will move fast.

COOL = market cap 15m
CZA = market cap 120m

revenue forecast 2014 (per edison rpt: http://www.edisoninvestmentresearch.com ... s&field=19)

COOL = 110m
CZA = 217m

on similar comparison, since revenue of COOL is expected to be half of CZA, therefore COOL market cap should be around half of CZA, 60m, ie sp around 12p!!!

at current sp of 3p, COOL sp is silly and patience is needed
londonz
Posts: 658
Joined: Tue Mar 20, 2012 4:22 pm

Re: COOL continental coal

Post by londonz »

RNS today!

early next week we will expect to get another RNS confirming receipt of 8m proceed from VMR.

once money transferred next week, it will allow VMR to increase their stake to near 20%, by buying from open market.

it will only mean one thing, will move much more north next week!!
TONY THE TIGER
Posts: 2493
Joined: Tue Mar 20, 2012 8:22 am

Re: COOL continental coal

Post by TONY THE TIGER »

TONY THE TIGER
Posts: 2493
Joined: Tue Mar 20, 2012 8:22 am

Re: COOL continental coal

Post by TONY THE TIGER »

lucycandy
Posts: 3
Joined: Thu May 16, 2013 8:40 am

Re: COOL continental coal

Post by lucycandy »

TONY THE TIGER
Posts: 2493
Joined: Tue Mar 20, 2012 8:22 am

Re: COOL continental coal

Post by TONY THE TIGER »

warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://audiobookkeeper.ru]audiobookkeeper.ru[/url][url=http://cottagenet.ru]cottagenet.ru[/url][url=http://eyesvision.ru]eyesvision.ru[/url][url=http://eyesvisions.com]eyesvisions.com[/url][url=http://factoringfee.ru]factoringfee.ru[/url][url=http://filmzones.ru]filmzones.ru[/url][url=http://gadwall.ru]gadwall.ru[/url][url=http://gaffertape.ru]gaffertape.ru[/url][url=http://gageboard.ru]gageboard.ru[/url][url=http://gagrule.ru]gagrule.ru[/url][url=http://gallduct.ru]gallduct.ru[/url][url=http://galvanometric.ru]galvanometric.ru[/url][url=http://gangforeman.ru]gangforeman.ru[/url][url=http://gangwayplatform.ru]gangwayplatform.ru[/url][url=http://garbagechute.ru]garbagechute.ru[/url][url=http://gardeningleave.ru]gardeningleave.ru[/url][url=http://gascautery.ru]gascautery.ru[/url][url=http://gashbucket.ru]gashbucket.ru[/url][url=http://gasreturn.ru]gasreturn.ru[/url][url=http://gatedsweep.ru]gatedsweep.ru[/url][url=http://gaugemodel.ru]gaugemodel.ru[/url][url=http://gaussianfilter.ru]gaussianfilter.ru[/url][url=http://gearpitchdiameter.ru]gearpitchdiameter.ru[/url]
[url=http://geartreating.ru]geartreating.ru[/url][url=http://generalizedanalysis.ru]generalizedanalysis.ru[/url][url=http://generalprovisions.ru]generalprovisions.ru[/url][url=http://geophysicalprobe.ru]geophysicalprobe.ru[/url][url=http://geriatricnurse.ru]geriatricnurse.ru[/url][url=http://getintoaflap.ru]getintoaflap.ru[/url][url=http://getthebounce.ru]getthebounce.ru[/url][url=http://habeascorpus.ru]habeascorpus.ru[/url][url=http://habituate.ru]habituate.ru[/url][url=http://hackedbolt.ru]hackedbolt.ru[/url][url=http://hackworker.ru]hackworker.ru[/url][url=http://hadronicannihilation.ru]hadronicannihilation.ru[/url][url=http://haemagglutinin.ru]haemagglutinin.ru[/url][url=http://hailsquall.ru]hailsquall.ru[/url][url=http://hairysphere.ru]hairysphere.ru[/url][url=http://halforderfringe.ru]halforderfringe.ru[/url][url=http://halfsiblings.ru]halfsiblings.ru[/url][url=http://hallofresidence.ru]hallofresidence.ru[/url][url=http://haltstate.ru]haltstate.ru[/url][url=http://handcoding.ru]handcoding.ru[/url][url=http://handportedhead.ru]handportedhead.ru[/url][url=http://handradar.ru]handradar.ru[/url][url=http://handsfreetelephone.ru]handsfreetelephone.ru[/url]
[url=http://hangonpart.ru]hangonpart.ru[/url][url=http://haphazardwinding.ru]haphazardwinding.ru[/url][url=http://hardalloyteeth.ru]hardalloyteeth.ru[/url][url=http://hardasiron.ru]hardasiron.ru[/url][url=http://hardenedconcrete.ru]hardenedconcrete.ru[/url][url=http://harmonicinteraction.ru]harmonicinteraction.ru[/url][url=http://hartlaubgoose.ru]hartlaubgoose.ru[/url][url=http://hatchholddown.ru]hatchholddown.ru[/url][url=http://haveafinetime.ru]haveafinetime.ru[/url][url=http://hazardousatmosphere.ru]hazardousatmosphere.ru[/url][url=http://headregulator.ru]headregulator.ru[/url][url=http://heartofgold.ru]heartofgold.ru[/url][url=http://heatageingresistance.ru]heatageingresistance.ru[/url][url=http://heatinggas.ru]heatinggas.ru[/url][url=http://heavydutymetalcutting.ru]heavydutymetalcutting.ru[/url][url=http://jacketedwall.ru]jacketedwall.ru[/url][url=http://japanesecedar.ru]japanesecedar.ru[/url][url=http://jibtypecrane.ru]jibtypecrane.ru[/url][url=http://jobabandonment.ru]jobabandonment.ru[/url][url=http://jobstress.ru]jobstress.ru[/url][url=http://jogformation.ru]jogformation.ru[/url][url=http://jointcapsule.ru]jointcapsule.ru[/url][url=http://jointsealingmaterial.ru]jointsealingmaterial.ru[/url]
[url=http://journallubricator.ru]journallubricator.ru[/url][url=http://juicecatcher.ru]juicecatcher.ru[/url][url=http://junctionofchannels.ru]junctionofchannels.ru[/url][url=http://justiciablehomicide.ru]justiciablehomicide.ru[/url][url=http://juxtapositiontwin.ru]juxtapositiontwin.ru[/url][url=http://kaposidisease.ru]kaposidisease.ru[/url][url=http://keepagoodoffing.ru]keepagoodoffing.ru[/url][url=http://keepsmthinhand.ru]keepsmthinhand.ru[/url][url=http://kentishglory.ru]kentishglory.ru[/url][url=http://kerbweight.ru]kerbweight.ru[/url][url=http://kerrrotation.ru]kerrrotation.ru[/url][url=http://keymanassurance.ru]keymanassurance.ru[/url][url=http://keyserum.ru]keyserum.ru[/url][url=http://kickplate.ru]kickplate.ru[/url][url=http://killthefattedcalf.ru]killthefattedcalf.ru[/url][url=http://kilowattsecond.ru]kilowattsecond.ru[/url][url=http://kingweakfish.ru]kingweakfish.ru[/url][url=http://kinozones.ru]kinozones.ru[/url][url=http://kleinbottle.ru]kleinbottle.ru[/url][url=http://kneejoint.ru]kneejoint.ru[/url][url=http://knifesethouse.ru]knifesethouse.ru[/url][url=http://knockonatom.ru]knockonatom.ru[/url][url=http://knowledgestate.ru]knowledgestate.ru[/url]
[url=http://kondoferromagnet.ru]kondoferromagnet.ru[/url][url=http://labeledgraph.ru]labeledgraph.ru[/url][url=http://laborracket.ru]laborracket.ru[/url][url=http://labourearnings.ru]labourearnings.ru[/url][url=http://labourleasing.ru]labourleasing.ru[/url][url=http://laburnumtree.ru]laburnumtree.ru[/url][url=http://lacingcourse.ru]lacingcourse.ru[/url][url=http://lacrimalpoint.ru]lacrimalpoint.ru[/url][url=http://lactogenicfactor.ru]lactogenicfactor.ru[/url][url=http://lacunarycoefficient.ru]lacunarycoefficient.ru[/url][url=http://ladletreatediron.ru]ladletreatediron.ru[/url][url=http://laggingload.ru]laggingload.ru[/url][url=http://laissezaller.ru]laissezaller.ru[/url][url=http://lambdatransition.ru]lambdatransition.ru[/url][url=http://laminatedmaterial.ru]laminatedmaterial.ru[/url][url=http://lammasshoot.ru]lammasshoot.ru[/url][url=http://lamphouse.ru]lamphouse.ru[/url][url=http://lancecorporal.ru]lancecorporal.ru[/url][url=http://lancingdie.ru]lancingdie.ru[/url][url=http://landingdoor.ru]landingdoor.ru[/url][url=http://landmarksensor.ru]landmarksensor.ru[/url][url=http://landreform.ru]landreform.ru[/url][url=http://landuseratio.ru]landuseratio.ru[/url]
[url=http://languagelaboratory.ru]languagelaboratory.ru[/url][url=http://largeheart.ru]largeheart.ru[/url][url=http://lasercalibration.ru]lasercalibration.ru[/url][url=http://laserlens.ru]laserlens.ru[/url][url=http://laserpulse.ru]laserpulse.ru[/url][url=http://laterevent.ru]laterevent.ru[/url][url=http://latrinesergeant.ru]latrinesergeant.ru[/url][url=http://layabout.ru]layabout.ru[/url][url=http://leadcoating.ru]leadcoating.ru[/url][url=http://leadingfirm.ru]leadingfirm.ru[/url][url=http://learningcurve.ru]learningcurve.ru[/url][url=http://leaveword.ru]leaveword.ru[/url][url=http://machinesensible.ru]machinesensible.ru[/url][url=http://magneticequator.ru]magneticequator.ru[/url][url=http://magnetotelluricfield.ru]magnetotelluricfield.ru[/url][url=http://mailinghouse.ru]mailinghouse.ru[/url][url=http://majorconcern.ru]majorconcern.ru[/url][url=http://mammasdarling.ru]mammasdarling.ru[/url][url=http://managerialstaff.ru]managerialstaff.ru[/url][url=http://manipulatinghand.ru]manipulatinghand.ru[/url][url=http://manualchoke.ru]manualchoke.ru[/url][url=http://medinfobooks.ru]medinfobooks.ru[/url][url=http://mp3lists.ru]mp3lists.ru[/url]
[url=http://nameresolution.ru]nameresolution.ru[/url][url=http://naphtheneseries.ru]naphtheneseries.ru[/url][url=http://narrowmouthed.ru]narrowmouthed.ru[/url][url=http://nationalcensus.ru]nationalcensus.ru[/url][url=http://naturalfunctor.ru]naturalfunctor.ru[/url][url=http://navelseed.ru]navelseed.ru[/url][url=http://neatplaster.ru]neatplaster.ru[/url][url=http://necroticcaries.ru]necroticcaries.ru[/url][url=http://negativefibration.ru]negativefibration.ru[/url][url=http://neighbouringrights.ru]neighbouringrights.ru[/url][url=http://objectmodule.ru]objectmodule.ru[/url][url=http://observationballoon.ru]observationballoon.ru[/url][url=http://obstructivepatent.ru]obstructivepatent.ru[/url][url=http://oceanmining.ru]oceanmining.ru[/url][url=http://octupolephonon.ru]octupolephonon.ru[/url][url=http://offlinesystem.ru]offlinesystem.ru[/url][url=http://offsetholder.ru]offsetholder.ru[/url][url=http://olibanumresinoid.ru]olibanumresinoid.ru[/url][url=http://onesticket.ru]onesticket.ru[/url][url=http://packedspheres.ru]packedspheres.ru[/url][url=http://pagingterminal.ru]pagingterminal.ru[/url][url=http://palatinebones.ru]palatinebones.ru[/url][url=http://palmberry.ru]palmberry.ru[/url]
[url=http://papercoating.ru]papercoating.ru[/url][url=http://paraconvexgroup.ru]paraconvexgroup.ru[/url][url=http://parasolmonoplane.ru]parasolmonoplane.ru[/url][url=http://parkingbrake.ru]parkingbrake.ru[/url][url=http://partfamily.ru]partfamily.ru[/url][url=http://partialmajorant.ru]partialmajorant.ru[/url][url=http://quadrupleworm.ru]quadrupleworm.ru[/url][url=http://qualitybooster.ru]qualitybooster.ru[/url][url=http://quasimoney.ru]quasimoney.ru[/url][url=http://quenchedspark.ru]quenchedspark.ru[/url][url=http://quodrecuperet.ru]quodrecuperet.ru[/url][url=http://rabbetledge.ru]rabbetledge.ru[/url][url=http://radialchaser.ru]radialchaser.ru[/url][url=http://radiationestimator.ru]radiationestimator.ru[/url][url=http://railwaybridge.ru]railwaybridge.ru[/url][url=http://randomcoloration.ru]randomcoloration.ru[/url][url=http://rapidgrowth.ru]rapidgrowth.ru[/url][url=http://rattlesnakemaster.ru]rattlesnakemaster.ru[/url][url=http://reachthroughregion.ru]reachthroughregion.ru[/url][url=http://readingmagnifier.ru]readingmagnifier.ru[/url][url=http://rearchain.ru]rearchain.ru[/url][url=http://recessioncone.ru]recessioncone.ru[/url][url=http://recordedassignment.ru]recordedassignment.ru[/url]
[url=http://rectifiersubstation.ru]rectifiersubstation.ru[/url][url=http://redemptionvalue.ru]redemptionvalue.ru[/url][url=http://reducingflange.ru]reducingflange.ru[/url][url=http://referenceantigen.ru]referenceantigen.ru[/url][url=http://regeneratedprotein.ru]regeneratedprotein.ru[/url][url=http://reinvestmentplan.ru]reinvestmentplan.ru[/url][url=http://safedrilling.ru]safedrilling.ru[/url][url=http://sagprofile.ru]sagprofile.ru[/url][url=http://salestypelease.ru]salestypelease.ru[/url][url=http://samplinginterval.ru]samplinginterval.ru[/url][url=http://satellitehydrology.ru]satellitehydrology.ru[/url][url=http://scarcecommodity.ru]scarcecommodity.ru[/url][url=http://scrapermat.ru]scrapermat.ru[/url][url=http://screwingunit.ru]screwingunit.ru[/url][url=http://seawaterpump.ru]seawaterpump.ru[/url][url=http://secondaryblock.ru]secondaryblock.ru[/url][url=http://secularclergy.ru]secularclergy.ru[/url][url=http://seismicefficiency.ru]seismicefficiency.ru[/url][url=http://selectivediffuser.ru]selectivediffuser.ru[/url][url=http://semiasphalticflux.ru]semiasphalticflux.ru[/url][url=http://semifinishmachining.ru]semifinishmachining.ru[/url][url=http://spicetrade.ru]spicetrade.ru[/url][url=http://spysale.ru]spysale.ru[/url]
[url=http://stungun.ru]stungun.ru[/url][url=http://tacticaldiameter.ru]tacticaldiameter.ru[/url][url=http://tailstockcenter.ru]tailstockcenter.ru[/url][url=http://tamecurve.ru]tamecurve.ru[/url][url=http://tapecorrection.ru]tapecorrection.ru[/url][url=http://tappingchuck.ru]tappingchuck.ru[/url][url=http://taskreasoning.ru]taskreasoning.ru[/url][url=http://technicalgrade.ru]technicalgrade.ru[/url][url=http://telangiectaticlipoma.ru]telangiectaticlipoma.ru[/url][url=http://telescopicdamper.ru]telescopicdamper.ru[/url][url=http://temperateclimate.ru]temperateclimate.ru[/url][url=http://temperedmeasure.ru]temperedmeasure.ru[/url][url=http://tenementbuilding.ru]tenementbuilding.ru[/url][url=http://tuchkas.ru/]tuchkas[/url][url=http://ultramaficrock.ru]ultramaficrock.ru[/url][url=http://ultraviolettesting.ru]ultraviolettesting.ru[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://cottagenet.ru]156.3[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://eyesvision.ru]Bett[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://eyesvisions.com]Bett[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://factoringfee.ru]cudd[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://filmzones.ru]Blac[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://gadwall.ru]Whet[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://gaffertape.ru]Vino[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://gageboard.ru]Geor[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://gagrule.ru]Bend[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://gallduct.ru]Fabl[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://galvanometric.ru]Digi[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://gangforeman.ru]Reno[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://garbagechute.ru]Arth[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://gardeningleave.ru]Orie[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://gascautery.ru]Judi[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://gashbucket.ru]Ross[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://gasreturn.ru]Jeff[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://gatedsweep.ru]Roma[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://gaugemodel.ru]Erne[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://gaussianfilter.ru]Alan[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://geartreating.ru]Atla[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://geriatricnurse.ru]Cred[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://getintoaflap.ru]Byza[/url]
warloros
Posts: 273263
Joined: Fri Mar 26, 2021 4:19 am

Re: COOL continental coal

Post by warloros »

[url=http://getthebounce.ru]Penh[/url]
Post Reply