I can’t listen to a word you say. You have been constantly talking the share down for a long time and you have no interest in investing. So something a foot…. You have either missed your entry price or have no funds to invest? I don’t understand individuals who hang around on business boards who deramp for months and months, like you are trying to warn off new investors.
So thank you for your kind posts on why no one should buy here and protecting the average pi’s investments. So if you could be on your way that would be great.
Fully expecting this to move back towards highs of 10p in coming days / week(s)
All on track and working 18 months this should be a monster. What a great time to buy at these bargain basement prices. Tiny 25 million market cap and enough met coal to run for centuries. Met coal demand is not going away anytime soon.
If you listen At 13 minutes, someone is interested in part funding the actual coke battery as well as buying coke, and I have had this confirmed by the pr company.
This is moving north tomorrow and fully expect to see the teens in the next 90 days
This is on old prices. Coking coal and coke is now much higher…. The figures below are just on coke….. so if we sell washed coal in Q2 the figures will be much higher. Again MARGIN IS NOW MUCH HIGHER.
-Initial coal production being stock piled end of q1 but may run into very early q2 -Wash plant installation starts q2 -Smaller Modular coke battery installation start date q2 Completion of modular coke battery end of q3 / q4 -first revenue from ‘coke’ end of q4 -first revenue from washed coal possible after wash plant is installed. (No idea on dates but imagine q3)
Initial Modular Battery production up to 40,000 tonnes per year creating the below figures but I’m expecting coke prices to go up and option to sell initial raw coal.
Margin: $300 per tonne (should be much higher) Ebitda 2022 - $12 million PE of 5: $60m Market Cap PE of 7: $84m Market Cap
2023 large battery adds $45million Ebitda per year
PE5 $285 million Market Cap 2023 PE7 $399 million Market Cap 2023
This is obviously excluding value of gold asset and also hugely increased coking coal and coke prices. I suspect end of q4 ebitda pro rata will be well above £100million market cap