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I have been posting here for many weeks bringing this share to people’s attention. I hope I have helped in getting this out there and helped earn people some money.
I hope we can attack 40p by Friday, I also hope to see announcement of arrival of first high wall miner on site rns - second high wall miner rns, production rns and new off take agreement rns. We also have first payment rns to land before Xmas.
We have some serious news flow due in the next 30 trading sessions. Sit on your hands and buy any dips. You’ll be very wealthy if you do. Production is now moments away
Our assets are worth over a 100 million before we even start producing. The current valuation is plain rediculous. We should really be at 50p a share on ipo. But we are not. So take advantage of it and buy more and earn a good crust out of this rare opportunity
Hi mediman. I am not excited, I have simply seen an opportunity and took the bull by the horns and gone all in.
It’s not very often you get opportunities like this and I am going to ride this for every penny to a pound and beyond.
I would be interested to see what figures other people have so we can compare. I would also like to hear of any downside from people other than ‘the old company went pop’
As I said, if we are not £1 a share by first profit I would be shocked.
High wall miner RNS could land any moment! You will not see these prices ever again when it does.
Ben is a debt free miner with lots of Coal and people around who are wanting to deal with them to buy more coal!
Likely that 1m tons equivalent annual production in first 12-18 months.
PE of 7-8 is the normal with debt and other issues, such as workers issues and historic union problems. We have none of these problems!
If you use a PE of 7 then under that criteria we are looking at $200m profit at $300 dollar coal. A MCap of $1.4bn or £1bn so £2.80. At 4 your looking at £1.60 ! I’d take either, I think we will have to wait 6 months for that value to show through ! Worth the wait ? You decide!?
No debt pure profit for BEN - multibagger
Ben is a debt free miner with lots of Coal and people around who are wanting to deal with them to buy more coal!
Likely that 1m tons equivalent annual production in first 12-18 months.
PE of 7-8 is the normal with debt and other issues, such as workers issues and historic union problems. We have none of these problems!
If you use a PE of 7 then under that criteria we are looking at $200m profit at $300 dollar coal. A MCap of $1.4bn or £1bn so £2.80. At 4 your looking at £1.60 ! I’d take either, I think we will have to wait 6 months for that value to show through ! Worth the wait ? You decide!?
No debt pure profit for BEN - multibagger
Good morning all. Why should you invest / hold? We have 5 near term Catalysts landing - and all could send the share price soaring!
* catalysts to land over the coming DAYS to the next 6 weeks and onwards:
-High wall miner arriving onsite (imminently)
-production start date (days / 2-3 weeks)
-first payment received $$$ ( 3-5 weeks)
- off take agreement (could land hours / days / weeks)
-2nd high wall miner ( weeks / months)
This share is a multibagger from these levels! And suspect we will be 60p plus by Xmas. Hohoho.
Wow $332 per tonne! If we mine 40,000 tonnes at that price that will be $9.2 million per month!!! That’s rediculous. Share price of £1 is looking rediculously low!!
This share is winner winner chicken dinner. If we are not at £1 per share by Jan I’ll eat my hat.
I hope everyone had a great weekend! What are we expecting from the week ahead? I would guess more of the same with a few more decent rises. From good sources I have heard there is more equipment on site and getting it in place, so it’s looking like we are bang on track for getting production underway any minute now. BEN will be desperate to get this production online as a matter of urgency now.
30p a share is extremely cheap at the moment and this really is bargain basement prices! I can’t see us below 40p for very long and this is why we are heading north at such a rapid rate because production is just around the corner and we will be making serious $$$ in just a few weeks.
We are now another 3 days closer to production and the RNS will land any day now and that is a FACT.
The market is responding to the fact that BEN are delivering on everything they set out to do and in such a short period of time. We now also know that the machinery is turning up AS WE SPEAK to deliver on the production time frames and is more than likely being assembled today onwards. A production rns could land ANY TIME from Next week & THERE ARE ONLY 12 trading days left in November. Not forgetting another off take agreement could land any second too. I wouldnt be surprised if it was this week.
The current share price Is still so far undervalued it is rediculous - We could see a further stratospheric share price rise of 500% near to mid term. Please remember we are selling Met coal required to make steel not dirty coal! Met coal is at an all time high in price and still rising with an increasing demand across the globe. Current price is $307 dollars per tonne and our all in production cost is LESS than $100. Don’t forget this is VOL B prices but we will also be producing VOL A prices which is just shy of $400 dollars! Which is even more profit.
*** Remember ***
- 2 agreements in place already
- Another Agreement RNS due taking us to 1 million tonnes production.
- Production Start date RNS due IMMINENTLY in the next 15 or so trading sessions!
- If we get 2 or 3 more agreements share price will be blown out of the water.
Working on a PE of 4 (most companies are much higher than this) and at current coal prices we will have a market cap of around 550 million with the 1st Three agreements with 2 already in place. Taking the share price well north of 100p
***Remember Our maximum output is 3.1 Million tonnes*** So expect more agreements after these 3! There is a further 10,000 Acres to exploit meaning HUGE Resources and shelf life of this company. With current coal prices and huge demand at present BEN will want as many agreements as possible in place ASAP.
The current share price is merely the start. There is currently a massive disconnect between current SP and where this is heading. We are talking POUNDS not pence
75% of shares are held in sticky hands with a tiny free float meaning any kind of buying volume will send this flying