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I was kind if thinking that Adam wouldn't hang around if there wasn't a bonus. I couldnt see what a bonus could be paid on unless he had a bonus on getting production of "n" 000s of tons per month out the door. not an SP price based bonus.
Avani need the coal obviously so will their loan facility become too much and they take the business in lieu of debt, can that happen?
Sorry situation... hope we can see a rise in met coal price enough to save BC .
Seriously GLA
Adam resigning is a bit of a surprise. His bonus makes sense now though imo. Presuming he knew when he took it the co' would fold and wanted as much out of it as possible before it did so.
The other alternative is he really believed he deserved $850K as a bonus for delivering a $20M loss and that's just too ridiculous to believe.
Wasnt expecting that
Amino ....If that comment was directed at me then the answer is no.
Still
Not sure, but are you the one who was going mental when this share was 1 quid and you thought it was going to 2 quid, and when someone said it could drop to 30p you jumped all over them?
Just saying!
Amino which one of the chuckle brothers are you?
If my auntie had b%$cks she would be my uncle
Please can someone advise where I can find the Met b coal prices? Thank you
Adam Wison,,,,,,,,the man who went from Superman to Mr bean in 18 months....the rollercoaster of small-cap shares
HVB +$5 to $220
Share price action is like' a comedy of errors',
.
JH that's a rather negative view. You could equally say if the met coal price increases from current levels BEN will be very much more profitable than it currently is. I believe futures prices for met coal are above current levels.
Imho if MET B drops below $200 again for a number of weeks/months Ben will mothball the plant until a more positive visibility on Met coal price.
Met B $215
More supposition .
RPG, Adam would be shouting from the roof tops if full production had been achieved imo.
Another slight drop in met coal prices…
All this spurious gossip about the lack of trains -Where s the documented evidence.?
They need a Train every 4 days.
Completely agree, the train service to Bens Creek is so so unreliable.
So unreliable to the fact your really cant stamp any meaningful production and delivery numbers.
Its pretty much all over the place.
I agree Rob. We can’t go to full production until we get a guaranteed 6-7 trains a month and it seems we just get the scraps after everyone else. We’re at the mercy of NS. I’m starting to sound like a de ramper and I don’t mean to but how do we get going without constant transport? We can’t keep trucking forever
Full production…very unlikely
True John. Great money at full production IF we can get it out of the yard. Seems we are bottom of the pecking order for trains so ANY issue (derailment, lack of drivers or trouble at the port) and we are last in line when there’s a backlog. I think that’s the reason we don’t have any new investors in Ben and it’s going to take a long time of full production and lots of consistent trains leaving bens to get investor confidence back and the share price up