Member Info for Jinkar

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...Could be the last one before the big pay days of 10-15k rail loads. £££
New videos out showing the wash plant doing it's thing. £££
It's all coming together. £££

50p to 300p = 6 bagger

10p to 90p = 9 bagger

I prefer the latter.

Wouldn't want to be out of this over the next 6 months!!!

£££

possibly forward sold on Friday with the few large trades reported.

Some of the hot money has gone to CGO this morning, it will be back. Doing business in USA or Zimbabwe is no comparison. Elevated risk in African countries.

That acquisition RNS can drop anytime AW said.

Working on AW's conservative figures my calculation/guess that I am reaching for August.

$200 margin x 900,000tpa (on target production) x PE8 / 354,000,000 = $4.06c x £0.76p = £3.09p

Good luck is not really needed. If AW sticks to the plan that is laid out it's very achievable just let the process play and hold onto your shares.
DYOR

.

I would like to say thanks to the TSR guys for putting me onto this share also. I/we are doing well out of it and if I hold my nerve I'll be set up pretty. They give me/us a heads up to go and DYOR. Don't see a problem with them personally, just realise that everyone is out to make a few quid so take advice with caution and not as gospel.

https://www.thisismoney.co.uk/money/markets/article-10605733/Britains-largest-steel-companies-halt-imports-Russian-coal.html

Hopefully won't matter tomorrow!!

@big, I understand the Q3/Q4 goal, I was what we are shipping daily/weekly now to integrity with trucks?

So that's $413 for us :)

Does anyone know how much coal we have been shipping per day. AW said we are mining 1000tpd but are we shipping that?

16th Dec 2021 1:00 pm RNS Coal lease agreement on contiguous property

£££

Sunday Roast Contributor calculations for BEN,
500,000 x $150 = $75m or 54.35m 92p
500,000 x $200 = $100m or 73m 124p
700,000 x $150 = $105m or 76m 101p
700,000 x $200 = $140m or 102m 173p
1,000,000 x $150 = $150m or 109m 310p
1,000,000 x $200 = $200m or146m 413p
1,200,000 x $150 = $180m or 131m 372p
1,200,000 x $200 = $240m or 175m 496p

So I was looking at the calculations for annualised 1m tonnes which is 2 high wall miners producing 40,000 tonnes each roughly
So now we should assume $200 per tonne minimum if Hi Vol B is $435 and total costs are $120 maximum.
So minimum price target is now 124p maximum price target before any additional purchase is now 413p.

DYOR

It's when you take your profits.

A reminder from RNS dated 25-2-2022;
The preparation and wash plant will now undergo in-depth testing and sample processing, which is envisaged to last approximately two weeks, to ensure it is able to work at maximum efficiency and maximise the recovery of metallurgical coal. Two weeks this Friday (just saying).

"We are very satisfied with the progress of the remedial works that have been undertaken on the preparation and wash plant which is in line with our expectations. We are now looking forward to commencing full processing of our production output"

"As detailed in the announcement of 18 January 2022, the addition of a further Superior highwall miner to our operational capability provides us with the potential to double our production capacity within a short period of time".

DYOR.