Member Info for bigkahuna

they started last Thursday with a biggish ticket and they are filled now. This morning the MM's tried to mark it down but now there have been far more bought than sold. I predict this will finish up today and be back over the £1 level in a couple of weeks. All imo.

Bought some today, quite difficult to buy. It's a bit of a gamble but if they get just one order for sodium batteries or electric motors this will be 10p very quickly. Worth a punt IMO

https://www.argusmedia.com/metals-platform/price/assessment/metallurgical-coal-high-vol-b-fob-hampton-roads-PA00128862100

Adam Wilson has pulled off another royalty deal effectively getting BEN another big MET Coal field but only paying as he sells the coal. It is annoying that AIM will not let Companies use historical data so we don't know how much coal there is but Mr Wilson will know and there will be a lot. We have to wait weeks for Marshall Miller

We should be over £2 by October our twelve-month anniversary.

OMG there is quite a nasty smell coming out of this company, I'm not really surprised.

Mil09 they may just deliver a good auction next time because they have saved a few big stones that really flatter the average price per carat. The bottom line is I just don't trust them. I see from another BB they paid off another creditor with 1.65m shares at 35p. That company will want their cash, so these will have to be sold soon. I think they will have a short honeymoon period before the next collapse. Wish I could short them.

nholland you obviously don't know this Company very well, they have been promising this for years and yet keep coming back to shareholders for more and more money at lower and lower prices. Beware mate.

The CLN is actually for £1,610,000 and can be converted by the note holder at anytime up to maturity at 40p, or by the Company if the shares are above 60p. The noteholder will NOT convert at 40p because at maturity it converts into 6,465,247 which is 24.9p a share. The shares will NOT trade above 60p imo, why would anyone buy them when they know there is a shed load of cheap shares going to flood the market. This stock is doomed, there is too much debt. There is also another CLN for £425,000 expiring this October but the convertion price is opaque but it has to be paid..

BRD was trading at 29.5p in Jan and has been puffed up ahead of the placing imo.

This emergency placing has been offered to every Tom, Dick and Harry in the AIM market so will be plagued by sellers for years, if they survive that long. Over half this cash goes to pay debt and they have convertible loan notes coming out their ears, one for £1.7m that converts at 25p. They have raised money so many times and ****ed it up the wall, this will be no different imo.

I have also sold a couple of small positions that were going sideways and bought more BEN. You just know we will see a new high in April.

I agree with you. I was lucky and got a little at around 10p but as AW has stated several times, BEN came to market very very cheap and should have come at 40p to 50p. If we had come at 50p I think we would be trading around £3 by now. It will take a bit longer but we will still get there.

AW has already promised a 10p divi 'before Christmas', I would not be surprised to see him do better than that but even at that, the yield is well into double digits and extremely attractive with most likely double or triple that next year. It is ISA season and a lot of people love a good yield. Me too.

I have also just bought a few more this morning. This little Company is at a very early stage, the best is yet to come.

Yes the number of warrants is only about 10% of a day's volume but this news is enough to make those wanting to buy to step back for a day or two and some weak holders to sell out. A pull back is required to flush out the weaklings and introduce some strong investors.

Its funny that we all take £1 as the next target price because its the next nice round number. Now look at the last two days increase in MET coal +£5 and +$10, multiply by annual production of 2m t adds an extra $30m to BEN's net profit. Put that on a PE of 10x Is an increase in the value of BEN by $300m, divide by 352m shares adds 64p to the share price. But as usual we only go up 2.5p. I conclude that BEN has just got cheaper and cheaper over the last month. The coal price has acually risen $135 pt. So what is the right price for BEN now?

The shares are still trailing the increase in coal by several £1's a share!

I'm sure we are going to see new highs every few days now the story is getting out there.

Does anyone know where all these little trades are coming from, is there a Robin Hood type outfit that can buy in very small clips?

SENSATIONAL !! This is going to be bigger and more profitable than any of us dreamed.