Member Info for DropD

Looks like someone is resolutely selling. Perhaps they don't realise / have forgotten that the minimum monthly deliveries to Integrity of 22k tons will be putting at least (IMO) $4.4m clear cash profit into BEN's bank account each month. (How many AIM companies of BEN's size are doing this ...?) And then over coming months a serious, rapid production ramp-up can be expected, delivering multiples of this. Good news is its creating nice buying opportunity for anyone with cash ... I bought more a bit too early last week, but v happy to have added. GLA

Pash - excellent news

Rattle - lots of news expected ... doesn't mean any of it is late. Enjoy the anticipation ... and don't be out when it drops. GLA

telegram ... just not sure I'm allowed to use that word on here! we'll see...

thanks to poster in 'the other place' for finding and sharing this:
https://www.bloombergquint.com/business/coal-s-blistering-rally-can-continue-into-2023-producer-says
"Both thermal and metallurgical prices are expected to be well supported through 2022 and into next year..."

Penstock - which "paid" "inside" "PR company"? Are you talking about Sunday Roast? As far as I'm aware they're none of those things?

latest met coal price nice at $435/ton. Looking forward to seeing that train (Casey's? Ivor's? Adam's?) delivering the first 22k tons to Integrity, which by my reckoning will put around £3.5m cash, profit in the bank. An imminent reality for BEN; just a distant dream, or impossibility for most AIM companies ... GLA

Hope you're right Mystic Haggis (good name for a band?!)

Mistake to sell IMHO. Will bounce back hard and fast as soon as we're notified re rail and 1st shipment, which could be any time. Still, creates mini short term buying opportunity under £1 ... could be last time ..

... better still ... https://youtu.be/Hps6L5vS0sc
Anyone old (like me) remember this?!

if you are in to BEN as a serious investment. AW is setting the company up for the long term. This means establishing and maintaining high volume production, month after month, year after year, generating reliable substantial profits and dividends. This will attract a certain kind of long term investor (institutions as well as PIs). Such companies are in demand and command higher than average p/e, reflected in market cap and share price.

I think AW is keen for people to understand the above i.e. that he's thinking about and putting the necessary building blocks in place for the long term. That's why he kept the news today primarily about the new lease arrangement.

I have no doubt, having let that sink in in the wider market, he will be following up soon with further inf re current operations i.e. rail, 2nd hwm, production, deliveries. And talking of which, seems to be a nice new bit of vid of the wash plant available today https://vimeo.com/699363611

GLA BEN investors. Have a great weekend! DD

Rsvrww - 'crashed' might be a little strong? Higher highs and higher lows = features of a healthy upward sp channel. Undoubtedly helped by track record of rapid progress, anticipation of news ... and exceptional undepinning fundamentals. Right now there are several important pieces of news expected - could come tomorrow, or Tues, or... I'm not going to try and second guess it. Safer to be in and stay in, then you definitely won't miss it and the likely associated boosts to sp. GLA

Actual sell / buy prices on HL now 105 / 106.899. So you should have your deal Haggis!

They'll now take over 35k in 1 go at over £1.03. Is something big going on in the background?

MMs must have a lot of buy-side interest. Just did a dummy sell on HL and they'll take over 30,000 in 1 go at over £1. Very good sign IMHO.

Pash - excellent post!

Well done all holders. £1 breached - amazing! Onwards and upwards from here ...

Just a reminder ... Just delivering the contracted 22k tons per month to Integrity, at $200/ton profit, at sector ave p/e of 12 gives a share price of £1.36. We all know that AW is far far far more ambitious than this. All building blocks are in place to ramp this up to 70k tons per month i.e. potentially more than tripling above. And then there's the potential to expand through lease / royalty deals and/or acquisition / "BEN2" ... Oh yeah, and potentially dividends this year too ...

Hope everyone's staying on board - there's a long, fast, exciting journey ahead! GLA.

Zak Mir Weekend Bulletin Board Heroes https://t.co/wwlbnUgSmt I'm not usually a great fan, but since he's said nice things about BEN I thought I'd selectively reproduce some of them!

BEN from about 2:35 "... one of the best stocks of the year to date ... amazing rally that we keep seeing here ... shares in a rising trend channel since november ... new support at or above 84p, former resistance, that's something you only see in the strongest of situations ... evidence it will head up towards the 115/120 area ... "

Admittedly he suggests the 115/120 could be "as soon as the end of next month". IMHO it could be much sooner than that when some of the anticipated news drops. (And of course he is using charting alone - no reference to fundamentals, performance, news etc, all of which are so strong for BEN and give confidence that the momentum will be maintained and reflected in the charts ...)

GLA

fixed - thank you!

why showing BEN as down? your own numbers above show it opened at 84.5, current bid/ask are 86/88