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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
He speaks the truth and is heavily invested. Once the coal is coming out the ground I will expect an Offtake agreement. Met coal in high demand and fully expect our coal to get hoovered up.
Not long now to the next milestone in the companies progress. Fully expecting 10p to go near term…. Met coal prices absolutely flying!
The figures here are off the clock as I see it. I am very very bullish and see a MINIMUM OF 400-500% rise from 7p by December 2022 - Everything below is based purely on coal figures and doesn’t even take into account the probable 2m plus oz of gold! - I tipped Ben at 13p and is now 60p PLUS.
#Cgo will do the same. Huge catalyst in the next 15 or so sessions being the production RNS which is a huge milestone for the company.
Initial Modular Battery 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. Wash plant in Q2
Based purely on coke production and excluding any met coal sales see the below rediculous figures.
Margin: $300 per tonne
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
There isn’t any new probs other than selling the coal. The coal will be sold. There is massive demand so I am fully confident that the massive pile of coal that is being stock piled in the next 3 weeks won’t sit there for 9 months.
The demand will bring in customers because there is a massive shortage
If what Carl said is true. We will be a producer in the next few weeks. So 15 trading sessions. This is only going north. Fully funded to production. I’m expecting some nice PR, tweets etc to be released shortly and also a production RNS start date. The share price will 100% move back towards 10p and above now.
Looking forward to the next 3 weeks of steady price rises.
Initial Modular Battery 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. Wash plant in Q2
Margin: $300 per tonne
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 $$$
Guys this is massive news this morning. We will be producing and profitable company in less than 31 trading sessions. Very few companies on aim get to this stages. Fully expecting this to the rate now to above 20p in the coming days / weeks
Hello & thank you. From my understanding there will be an update on the Mali gold project THIS MONTH. If this update is positive and I’m 99% sure it will be this will send the share price into the stratosphere.
They are expecting a minimum of 2 million oz but could possibly be as much as 3-5 million oz - there is now only 11 trading days left of feb so I’m expecting fireworks next week on the share price when the news is positive.
Let’s not forget #cgo 2 major news updates due any time. Lubu Met Coal production start date RNS due in the next 33 trading days - and Gold Update due in the next 11 trading days
This will certainly be multiples of 9p near term. Minimum of 150% - 200% upside near term
#cgo will be a met coal producer in less than 33 trading sessions. Yes 33 trading days!
I’m expecting a STRONG move north on the share price any day now. Check out bens creek 3 month chart and you’ll see what I am expecting here. 1st target 20p - 25p by end of march….
Madness if you don’t have some Cgo in your PF at this point.