Member Info for Early_Bird

and thats some margin! Given its like $20-30/t production costs vs coal prices $600/t!

Lets call it $50/t production costs and selling for $500 to be conservative. Thats $450/t profit. At the stated 300Ktpa rate works out at $135m FCF PA...!

good point Lucky, means we can capture more of the margin ourselvevs!

Now im very much looking forward to this Podcast thats due as theres a lot of things from this update today which will be great to hear more colour on!

" Installation of coke batteries at site in Q4 2021 to capture full value proposition"

we know which offtaker wanted that to happen ;)

very pleased with that to be honest! As funding was always a concern and now dealt with and at the same price as current SP, no discount.

Lubu coal production Q1 next year = offtakes imminently

arguably should have a much higher valuation post offtakes give the size of CGO resource is many many multiples that of BEN plus the gold asset. But id take the same valuation right now, still 4x from these levels!

shaking out some of the stale bulls is always good before a big move.

*first lot

Why do they need to RNS the seismic commencing again? Its already been given a date in an RNS, id only expect to hear when the lost lot has been completed.

certainly helps provide me with confidence that all is very much on track here, market sleeping!

more good news today, products are gradually gaining traction with local authorities which will hopefully lead to reach and adoption for the paint snowballing in due course.

Probably the most productive thing I can think of for us shareholders here. Wonder what Align think?

as a shareholder.. going to be priced at cash soon at this rate! Crazy

Guess their work Christmas party needs funding

For another 6months. Ruddy pleased for them. Those lunches don't pay for themselves

meanwhile BEN flying and valued £100m MCap

Hopefully bodes well for where CGO Mcap will head when offtakes land here... come on Carl lets see something

Indeed a barmy value disconnect given CGO may be what 3months behind BEN on coal production and CGO have a resource size literally 20x that of BEN plus 2m Oz gold potential...

needs to deliver, his reputation is 100% on the line here and although shareholders are quiet we are watching very closely... I hope he isnt too comfy

encouraging price action at least. GLA, lets hope these offtakes land... they are going to need to land imminently if they want to start production beginning Q1 2022....

Remember what Carl said in last coal update " I look forward to providing further updates on our progress in the current quarter, ahead of our transition into a producer early next quarter."

giving it till year end myself... easy 200%+ upside vs very limited downside from here at this level

encouraging! More of those please and this could snowball