Member Info for JohnHenry

Mick007 its about time. i noticed a 1 trade earlier so perhaps an RNS logged.

There appears to be very few sellers down at these levels.

Straightntrue i agree with you questioning the governance. A director should not be selling during a period of very price sensitive news.

Robday there was also some large sells which im guessing is Forrest still selling.
i have been saying theres a large seller (Forrest). As evident by todays RNS.
Imho hes still selling.

Howey market is also a little jittery that the well has still not cleaned up after 12 days from initial flow.

The issue has been with expectation and delivery on that expectation.

@ 16.95p

$35-40 equates to around £28- £36 M profit margin

Wilson quoting in his latest interview that margins were closer to $100 than $50 @ $300 Met Coal.
Let say margin is $80 @ $300 At $255 metcoal Margin is going to be around $35 - 40 approximately

Down $10 the past 3 days. Margin being eroded.

Just goes to show that Wilson’s RNS on the 23rd was more BS

Push2 If Angus produce at 10mmscf /d revenue will be approximately £ 2.6M per month at todays Uk gas price.

Without the hedge in 2025 and Angus producing at 10mmscf per day at today Uk gas price 100p
Angus will be generating approximately £3.2M per month.
Obviously revenue will depend on gas price.

5mmscf/d will give revenue of approx £1.77M revenue per month

5,000,000 / 94.7 = 52798 Therms/day x 30 days x 112p = £1.77M

Carpking £1.12p is the price per therm not price per SCF

Market is churning through some large sellers today

Forrest maybe taking a few more off the table. SP having found support @ 1.7p is looking to test resistance @ 2p. There is very strong resistance from 2022 @ 2p. A break above this level should see a test of 2.9p

4.5 million dumped @ 1.8p 08:04

A couple of buy orders in between 16-17p

padd1 BEN would have been looking at forward demand and Future Met coal price.
Unfortunately 10% inflation is eroding some value.
Met Coal price now $262.5 down from $310