Member Info for Erik9Haggy

The mighty City Fibre with only 200,000 customers? Seriously? Then this balloon thinks his 97 employees can rival Openreach and some obscure outlet thinks it’s newsworthy??? Bloody hell I thought the days of LSD were long gone.

https://georgiatoday.ge/partnership/ge.energy/April1st

https://georgiatoday.ge/partnership/ge.energy/3769124

https://www.bbc.com/finance/3856780

to $345

So, they were going to supply Sky, then buy TalkTalk and now buy out CF lol ….

OK keep them coming. Reality is they’re all ****ting bricks right now as OR/BT power on building AND connecting customers.

It’s a proper headache for the loss making Altnets.

AW has never been good at being accurate on any of the podcasts when it comes to numbers including financial ones.

Back of *** packet calculations are all well and good but you only have to look at the AISC in the CPR have them at an average of $90 per ton over a 5 year period. Now adding inflation to that probably $110. That includes shipping costs.

Until the actual figures are released then it’s prudent to not take everything AW says as fact. As I said many of his calculations have been wildly incorrect including financials on the podcasts.

RNS and accounts are likely to be accurate imo.

You might want to check out page 21 of the admission document for historical Metcoal prices. Only once in 11 years has the price dropped below 100 dollars to around 97 for a couple of months before heading back north towards the 150 level.

I’m sure the management know this and if you take an average of say 180 over that period they are quite happy to run with it.

The new financials are out soon and will give everyone a real chance to scrutinise the profitability and viability of dividends.

Presumably if BT wanted to spin off Openreach or a large shareholder exerted pressure to do this then BT would transfer ownership of the network to the new entity. Or am I missing something?

Openreach has never owned the network and never will.

There’s a reason BT are paying for the fibre upgrade and not going cap in hand to hedge funds. Once complete the Openreach overheads will probably halve and profit double all which goes into the group coffers.

BT without the network will be simply a bigger TalkTalk.

Can you elaborate Bill for those of us not on it mate please.

How do you know that Bill?

Paying down CLNs, now saying they don’t need to make anymore drawdowns from the MBU facility…

Where’s the income coming from to be so positive?

Are we shipping more by CSX than we think?

0 trains in Feb is an incorrect statement intended to mislead imo…

Had you said 0 NS trains then maybe you were correct, but we know BC has contingency with shipping the coal to waiting CSX trains via trucks…

Good sound management not having all your eggs in one basket.

Don’t get your multi handles mixed up lol

See ya :)

“ Knowing that no trains were coming..”

That’s a big statement to make. So why then have they just converted debt to shares?

Maybe they know that there’ll be 6 trains this month.

So you haven’t factored in the 54KT delivered in January then lol…

Makes sense.

Cheesy, please read and digest the following

During the months following the IPO the Company's share price rose considerably, peaking on 13 April 2022 at 104p, making utilisation of the Loan Facility unattractive to the Company. In April 2022 MBU and the Company agreed to a variation of the terms of the Loan Facility such that amounts drawn under the Loan Facility from 7 April 2022 would be convertible at 60p, as opposed to 15p, and this variation was announced as transaction with a related party on 6 June 2022.

So the original price for conversion was 15p per share. Due to the increase in SP to a pound, AW negotiated a new price of 60p… due to the fall they have now decided that 30p will do… now considering they’re currently at 20p, MBU have confidence that they will hit that price in the future.

Debt paid to MBU. Debt being cleared on CLNs at £250,000 a month.

All opening up for the dividend. Who knows it might be the only one and then there is a takeover.. happy days all round.

There u go ffs… it’s these idiots, not the fundamentals

28-Feb-23 16:26:43 19.00 31 Sell* 5.89 O

Case closed your honour.

Fromage the poster is probably on the money in his assertions that MBU are lining up these new boardroom additions in order to get BEN sold in the near future… imo.

Whatever multiple of todays SP. Once rumour starts of a sale the SP will rocket.

Heading to 10p??? FFS there’s less than 50 trades a day it’s not like MBU are selling down millions at a time it’s idiots on free trade selling £5 worth… man up ya blert… if u can’t stand the heat sell up… you’re the rainbow rider of FRR…