The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The shares have been quiet for a while but there feels a tension building and soon buyers will have to pay up to get lines of stock. Weird I was typing this, took a call and they moved up.
The big trades above market are a sure sign that some buyers have arrived and taken out the overhang that has been dogging the share price for a few weeks. Normal service can be resumed now. Onwards and upwards. I just bought a bit more.
DropD these forecasts look way too pedestrian to me, it is likely BEN will blow these out of the water, but at least they demonstrate how undervalued this little Company is.
Meanwhile HighVolB continues to increase in price.
https://www.argusmedia.com/metals-platform/price/assessment/metallurgical-coal-high-vol-b-fob-hampton-roads-PA00128862100
Also don't forget 30% of BEN's coal is HighVolA which is now $400 a tonne !!
The sellers will come pouring out soon, they always do after every move up but this will settle above 40p this week imo. It is just a question of time before some serious buyers notice this little cash cow. For an Income Fund this share is spectacularly attractive. I've just put an order in for a few more.
I would say there is a rush, this is like the Klondike in 1896, this HighVolB coal is so valuable now, up another £2 overnight its more like a Gold Rush than ever. Even acquiring a few million tonnes amounts to $1b of extra cash profits. This HUGE opportunity will never be repeated again in MET Coal so get as much as you can while you can. We only have a market cap of £115m but can get access to $ billions of coal on royalty agreements, GET ALL YOU CAN AS FAST AS YOU CAN PLEASE!