Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
*** TO ALL NEW INVESTORS MUST READ ***
PLEASE READ WHY I AM SO POSITIVE ABOUT THIS SHARE AND WHY I HAVE A LARGE INVESTMENT HERE.
Working on these Conservative Figures
Price of met Coal Hi-Vol-B average $250
Cost of production/AISC $100
EBITDA X 4 Used for PE ratio.
The offtake agreement signed with Integrity Coal comprises of 264,000 tons per annum deal. The new agreement takes us to 480,000 tons per annum output
Working on the conservative basis of Met coal price of $250 (we are currently much higher than this) and on the basis of half a million tonnes production (we should be at a million tonnes on next agreement which I have had assurances this agreement will be completed before Xmas)
Production of 480,000 x $150 = $72 million will give us a minimum share price of 54p (again on over cautious figures)
Now if the next mining agreement lands, which it will, and takes us to a million tonnes output the share price on a PE of 4 will take us WELL NORTH OF A POUND
We are currently only 20p so this is a stratospheric rise of AT LEAST 400% from 20p ONCE next agreement is signed.
These are on conservative figures as Met coal is at an all time high so 150p a share is achievable in the next 12 months! Tell me? Whats not to like!
Nice to see shares being bought. Even at 100% above IPO Price - so much to come here, gap filled now at 18 and next level up. We know this can do 20% in a day. I expect a nice rise again nice in anticipation of next batch of news.
Bens Creek is MASSIVELY UNDERVALUED a Share price of 1 Pound would STILL BE UNDERVALUED - We could see stratospheric share price rise of 700% near 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
- 2 agreements in place already
- Another Agreement RNS due IMMINENTLY taking us to 1 million tonnes production.
- Production Start date RNS due in the next 30 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 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.
Our maximum output is 3.1 Million tonnes! So expect more agreements after these 3!
The current share price is merely the start. There is currently a massive disconnect between current SP and where this is heading
75% of shares are held in sticky hands with a tiny free float meaning any kind of buying volume will send this flying.
Bens Creek is MASSIVELY UNDERVALUED a Share price of 1 Pound would STILL BE UNDERVALUED - We could see stratospheric share price rise of 700% near 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
- 2 agreements in place already
- Another Agreement RNS due IMMINENTLY taking us to 1 million tonnes production.
- Production Start date RNS due in the next 30 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 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.
Our maximum output is 3.1 Million tonnes! So expect more agreements after these 3!
The current share price is merely the start. There is currently a massive disconnect between current SP and where this is heading
75% of shares are held in sticky hands with a tiny free float meaning any kind of buying volume will send this flying.
They are playing the long game. They would of already known just how close to production we are and ipo’ing at such a tiny market cap was pure genius from. Their original investment with be worth 20 times what they paid eventually
Massive confidence from one party. We now also know that 75% of the float is locked in for the first 12 months which means there is a tiny free float! This bodes very very welcome for Ben.
We are also due the next met coal agreement and also the RNS stating production start date in the next 30 sessions! I sure as hell wouldn’t want to be out of this one with so much news imminent!!
Bens Creek is MASSIVELY UNDERVALUED a Share price of 1 Pound would STILL BE UNDERVALUED - We could see stratospheric share price rise of 700% near 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
- 2 agreements in place already
- Another Agreement RNS due IMMINENTLY taking us to 1 million tonnes production.
- Production Start date RNS due by December
- If we get 2 or 3 more agreements share price will be blown out of the water.
Working on a PE of 4 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.
Our maximum output is 3.1 Million tonnes! So expect more agreements after these 3!
The current share price is merely the start. There is currently a massive disconnect between current SP and where this is heading
**** To all new investors ****
Bens Creek is MASSIVELY UNDERVALUED - We could see stratospheric share price rise of 700% near term. Please remember we sell Met coal not the cheap **** that’s dropping in price. Met coal is at an all time HIGH!
- 2 agreements in place already
- Another Agreement RNS due IMMINENTLY taking us to 1 million tonnes production.
- Production Start date RNS due by December
- If we get 2 or 3 more agreements share price will be blown out of the water.
Working on a PE of 4 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.
The current share price is merely the start. There is currently a massive disconnect between current SP and where this is heading
Another fantastic dayToday 19:25
What another great day and another penny added to the SP.
Do not forget! We still have 2 RNSs due near term!
- Agreement Taking us to a million tonnes
- Production Start Date Confirmation
There could also be more agreements in the pipeline as we can produce up to 3.1 million tonnes a year!
Market cap is a measly 75 Million and we should be 550 Million on a PE of 4 with current coal figures once 3rd agreement is signed in the next few weeks or so.
This is an absolute no brainier with HUGE UPSIDE SHAREPRICE POTENTIAL -
What another great day and another penny added to the SP.
Do not forget! We still have 2 RNSs due near term!
- Agreement Taking us to a million tonnes
- Production Start Date Confirmation
There could also be more agreements in the pipeline as we can produce up to 3.1 million tonnes a year!
Market cap is a measly 75 Million and we should be 550 Million on a PE of 4 with current coal figures once 3rd agreement is signed in the next few weeks or so.
This is an absolute no brainier with HUGE UPSIDE SHAREPRICE POTENTIAL -
Bens Creek is MASSIVELY UNDERVALUED - We could see stratospheric share price rise of 650% near term.
- 2 agreements in place already
- Another Agreement RNS due IMMINENTLY taking us to 1 million tonnes production.
- Production Start date RNS due by December
- If we get 2 or 3 more agreements share price will be blown out of the water.
Working on a PE of 4 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.
The current share price is merely the start. There is currently a massive disconnect between current SP and where this is heading
We should be well over £1 once next agreement is signed!
**** To all new investors ****
Bens Creek is MASSIVELY UNDERVALUED - We could see stratospheric share price rise of 700% near term.
- 2 agreements in place already
- Another Agreement RNS due IMMINENTLY taking us to 1 million tonnes production.
- Production Start date RNS due by December
- If we get 2 or 3 more agreements share price will be blown out of the water.
Working on a PE of 4 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.
The current share price is merely the start. There is currently a massive disconnect between current SP and where this is heading