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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.
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
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.
@ Older ...lol...Or he could come out and state that he is reneging on 2 CLN contracts an acquisition contract an offtake contract in probably the most "I'll sue you" society on the planet.
Desperation knows no bounds like a deramper.
One person who you don't know their motives (to trash sp so can get in lower)writes a few if but maybe paragraphs on an internet chat board as opposed to all the other information out there and people will believe that person. Wait until TW fancies having a go.