Member Info for Billthebank

Any reason for this small surge today? Two late large transactions too

Thanks for your input .

Hi I am rich I bought in this morning as I saw the Shell news and its implications. I understand news is due here towards the end of Feb also.
I noteed the sp had been battered till the c/v of only £6M
I may be wrong but I understand there is no debt!

I also read that this news from our neighbours Shell is what GBP shareholders have been waiting for for some time

TBH I stumbled onto this by accident and liked the momentum.

I am sure I am missing a lot. Are there any weaknesses here?

Thanks

Phoebus I am holding at present not buying.Why are you so convinced?
Are you a LTH or just bought in today?

Going through today.So bizarre.whats occurring?

With all the news received and news incoming plus yesterday's interview that someone would sell £30ks worth of shares

Apologies for off topic as ADV holders have really been royally shafted but yes I can understand that re BENS CREEK is going to be a monster!!! Would never have all my money in one company though. No matter how much they are producing now that is just asking for trouble!!

Thanks Rob I haven't heard that interview!!

Rob I thought that the HWMs were hard to come by.Do they really have an option to acquire another?

You are correct The Company did say this but with met coal prices still rising at present so at present it is no major issue? Perhaps that will be another RNS coming our way re this soon!!

Nice to see you on board iceman!

With prices at $400/tonne and pribtwo HWMs running insude 8 weeks as AW always seems to under promise I feel that an increase in c/v to £500M is a fait accompli and by end of March.

We have a minimum production by the first leased HWM of 40ktonnes per month and we have a contract for 22k tonnes with the balance to be sold in the open market and as the met coal price is rising this is extra for us.Once the second HWM is running our production will double.

Our plant has the capacity of washing met coal of up to 300M tonnes!!!

40000x12x400$×0.7 = £133MM

Net profit say £30M

Second HWM Doubles profit £60M

PE 12 £720M

These numbers IMO are Conservative.

As I said we can wash up to 300M tonnes of coal.

This week I am expecting two RNS and once the herd arrive £1/share will come really quickly. That values the co at £350M.

So for me 80p end of Feb £1 end of March/April.
Who knows how high this will go if momentum takes hold!!

In all honesty by year end ceterus Paribus I feel BEN will be a £1B Company

You have 1.5M shares!!!!!

Never done this before but just can't see any downsides.Any thoughts?

Then seller kicks in with £50k of sells at 9.29!!! How is this share valued at £65M??? This and BEN are my two goers for 2022 Come on boys lets be having you!!!

Is there any chance that the conditional lottery monies won't appear?

£10M now.Feel for shareholders!!

At least they have narrowed the spread a little so should encourage new buyers

So much for mms maintaining an orderly market

Well that's the way to stop trading. Unbelievable spread!!