Member Info for Barno61

RNS came ou at 7Am.

50,000 tons plus for September an almost 25% increase and the second HWM only came on stream half way through the month.

Production is ramping up nicely and in the past 6 months the tonnage is close to the whole of last years production. ..

It seems no matter what the company say the share price keeps dropping. A fair amount of volume towards the end of play today. Weird how the share price has dipped on such low volumes.

There’s a fair chance of a solid uptick tomorrow with the added volume and also the latest video.

$3.4 million x 12 is almost $40 mill profit potentially.

X that by 5 and that’s $200 company valuation.

So plenty of upside from the current price .😁

The share price now looks grossly underpriced.

I understand last years results seemed bad, but as the CEO says it was actually an £8 million loss . The rest was a paper loss. They are doing a great financial job for tax purposes!!!

The September production figures will be very interesting, especially with the new HWM on stream.

The future now seems very rosy and I’m confident of a strong year and profit.

Https://youtu.be/T_O3-tQNCAE?si=Q1R1mGfNdDLxpREL

A solid and confident video from the CEO.

We are in profit, sold out u til the end of the year and coal futures are solid and rising..

There’s a level of uncertainty until the next producer room figures arrive. We know the profit point. Wont be long. Hang in and let the day traders leave with there £1.50 buys and sells.

Asian #metcoal prices strengthened w higher deals & CFR remained steady ahead of the Golden Week holidays. PLV HCC was at $331/mt FOB Australia, up $5/mt, CFR China held steady at $278/mt. In the FOB market, tight supply supported higher #cokingcoal prices.

I believe the MM have been pricing in last years news for a long while. The money spent has been wise. Getting rid of contractors and directly employing. Paying down debt, and buying top quality machines. That’s why the figures look poor. As said below. Now on double shifts, underground mine working and both HWM working on both shifts. A transitional time for Bens Creek and a profitable one ahead now the spending and bad luck are behind us. There may be an initial dip Monday/ there may not. The MM could be waiting for the September figures which could be out Monday morning. The start of the month. For a company about to start making 20-30-40 million a year with a lowly price tag makes these a buy. Especially if you get a chance to buy them cheaper than now. I doubt it though. I see a solid uptick over the coming weeks. Management have been rewarded for doing a great job. What else should we expect?

The 20p trade was probably a MM buying someone’s sell point.. they like to get as many shares as possible before a substantial rise.

Looking at a future potential of $40-50 million a year profit we could see a .20p open Monday and 40-50p within a shot time.

I put through a large trade to sell ( but didn’t).

Normally it wouldn’t let me do that but it gave me a good price and instant sell. ( unusual) .

Conclusion. They want shares and the price is heading north!

There’s no reason now why we shouldn't be back working at 100% within a very short space of time.

The report wasn’t damning in anyway and just a few normal practices to catch up on. The locals should be appeased with the new tailings dump as the report stated there’s no problem. Should all be upwards from here.

Some solid news and it seems we are heading in the right direction.

https://www.proactiveinvestors.com/companies/news/1028004/anglo-asian-told-to-communicate-better-over-gedabek-dam-plans-1028004.html?rel=scroll

.

The test is proven and with 94% accuracy.

Like cervical screening and the poop test at 60 .

It would make perfect sense to nationally screen the Male population at say 50 with this test.

I’m absolutely positive the benefit would be huge.

Either way the future is extremely rosy for the company and I will reiterate that they will almost certainly be bought out.

Abbot in the USA would be my first guess. The current share price makes for a sitting duck in waiting.

Think about this. If you were in charge of a large pharma company that has testing in its portfolio and a world bearing blockbuster test came on the market and you could buy the company for pennies compared to what the test could generate in revenue and profit? 🤔.

Does anyone yet know the actual cost of the UK test.

It’s available through a doctor so there must be a price point?

I have a friend who is a Urology Surgeon in the Chicago area and it’s all the news there. He said it will revolutionise treatment going forward and will be the standard go to test from here on in.

That’s good enough for me .

Hell of a tree

Shake.

Still a takeover target in the making and also 50p-1.00 a real possibility short term. Long term? Who knows.

As for the dip. Sell at 12 come back at 2.30 when the americas come to life. They live great stories like this one and will certainly be buyers .

At the US opening more than likely. So maybe 14.30.

Dead certainty I meant to say.

I would be surprised if they last till Christmas at the current price. Dead very with a blockbuster test for a takeover!

A reasonable price target today is 50-60p. Over the next few days we should get price targets from the institutions. £4 is a solid target but with worldwide take up who knows where this is going. Just so glad to be in.