The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Debt
Yeah he mentioned a number for their date last week, it was a big number
From memory, they are not debt free, union driven workforce.
We have zero debt and sub contract miners paid on production.
Captain - If you google them and navigate to their investor page from the menu they have all their webcasts for watch back at the bottom of the page under events and presentations. Their recent q3 earnings webcast was published a few weeks ago so I'm starting with that.
I'm not doing a deep dive just a bit interested, says they have a production capacity of 7 million metric tons.
GLA
Happy to do my own reasearch aswell, but would be interested to hear your thoughts on Warrior, Medi, and how they compare to BEN. If you're happy to share, that is?
Thanks Euston I will have a look at them
Warrior Met Coal was the comp with a 1.1blnUSD market cap and current share price of 22.6usd. A long way up to go :))
When you get those big spikes it only retraces the next day,better to slowly creep up 5 to 7% a day,it will soon get there
Can you remember the company name? I'm going to have a look at them and see how they do compare. No worries if not I will listen to the interview again later
I think it was 1.3 billion market cap he said
Aim I'd take 3% a day! Just get this grown up to x4 mc next year min. Slow and solid agree Rob.
I can't find the interview form last week again now but was it a 1 billion pound or dollar mc comparison company he mentioned but that company is full of debt.
I nearly fell off my chair, I can't even get my head around having a billion dollar mc one day! Who knows
GLA
Median, I can see where your coming from, personally I cant see a big spike, not like a gold or oil explorer.
We are a profit making company (soon will be) with great margins, we can ride fluctuations in the price of coal.
We are still at a PE of 1, this will change when the profits start coming in…all IMO
3% a day would do me nicely. Yes these big days are lovely, however they only retrace back to fill the gap again anyway.
We are a producer from Wednesday and that is massive
I know how I want to explain this but might not come out right but .... does anyone think we won't get those ridiculous spikey days as our news and profit making is pretty much there for all to see. It's not like we are searching for a resource we hope we might find.
This SP will be more of a creeper, sure 10/15% some news days but others ticking up those 3/4/5% days but consistently.
Seems its only going up slowly then you suddenly realise its 40% on the month.
GLA
They have corrected already, there was some figure all messed up with a £250K sell
ha not looking at what has just sold.....think LSE have messep up LOL
Some big buys going into Ben in the shadows.
This will rocket in the next few days!!
Strap yourselves in early for the incoming ride.
GLA
I Still think it’ll be between 63-80p by year end
Still plenty of legs in this….. 35p close - 40p Wednesday my giess