focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Have more funds waiting.. Ben is a genuine exception in this market. Am convinced AW will deliver on everything he said and has done so thus far. Beauty of it is the met coal prices are heavily in our favour and I expect demand to continue to outstrip supply.
Not selling a bean. More than doubling up of production; already have additional acreage and increased lom; infrastructure and spare capacity being built; you cant sell enough met coal; prices been surging; divis equal to perhaps 10p being targetted; sp will be multiples of a quid.
Imo £1 is crazy low ball. Further acquistions will come imo.
@tony, well they did offer me a job when they realised, I knew just as little as them :()))))))
Will hit the markets..
3G, perhaps substantial Iranian oil will the markets. Longer Ukraine goes on, more pressure to do deal with Iran, especially if Saudis and UAE dont play ball. Which it looks like they dont want to, hence bojo visit announced today..
But generally I'd agree with TSZ albeit, I think $100 is here to stay.
Yes Dropd, scary how much this will be worth. PE multiple of 15 would be highly appropriate. We can produce high grade met coal, strong juristiction, sound management, soaring demand. I think we will be at the top end of PE rating.
I like your positivity TSZ. Keep it up. I3E sp will correct itself in it's own time. Like Tony said before even if oil price was in the $80-$100 (I think, correct me if I misquoted you Tony. I3E will be building the FCF.
Irrespective of the oil price, I3e will be coining it in given the BEP is quite low. In addition, with the capital prog in full swing, we should be adding significantly to our production and updates thereon will push this price back up. So peeps selling off now may regret as news will flow anytime.
Older, I hear you. However somethings take more time than others. In the meantime, Ben delivering met coal and on course to fulfil order needs and making very good money. Delivery thus far is top knotch by the BOD. Upwards and onwards. LETS GO BEN!!
Indeed great work by the team. In time, highly likely to hit 300p and more imo (all things beings equal)
$$$kerching $409!!!
Doubling up shift work
2nd HWM enroute
Wash plant fully opeeational
On course to deliver full commitment
Last but not least more Kerching:
The Company anticipates that, during April 2022, underground mining will commence at the Bens Creek mine. This is expected to allow access to a higher quality of metallurgical coal, classified as Hi Vol A.
Addition of Hi Vol A will command even better pricing!!!
No holding Ben CASH COW!!
Agree Tony, a nice summary toward the end. 30p target is not unreasonable buy could very conceivably beaten as you say albeit depending on:-
1/ additional value being unlocked by capital prog
2/ direction of gas and oil prices
3/ Company decision on hedging (very important)
4/ serenity progress (albeit market seems to have adversely valued our deal) So only positive progress will drive it on this aspect.
5/ I think at some point a new acquisition albeit will be tough to get good value deals given commodity pricing.
I think astute use of funds to take advantage of prices is now essential. So a rapid expansion of the capital prog might be in order. Make hay whilst the sun shines and lock in better hedging on more production will be critical later imo.
expecting a blockbuster rns, perhaps next week. Best time to add imo is pre-rns in any co but moresoever here, given what we're all expecting. MMs will not be able to control this when news lands.
Stas, no issues from me. I've recommended your last post. Thats why I like forums. Differing views are welcome.
Stas, lack of TR1 means ditto. The sheer number of shares in issue means that thresholds do not have to be breached. I didnt say that a stake was built but reasoning it may have been being built and terminated on the Eog deal.
Nor did I say some pi's but that not many Pi's. Clearly its someone with a decent stake who did not feel necessary to retain levels. There is a persistent 1m seller the trades are evidence of that. Forget % they mask a multitude of trades.
Somehow I dont think its pi's. Any how decline thus have in a matter of days is not marginal. So I stand by what I have said.
"I think you will find of course they can, you do realise do you not that this stock has not really had a decline at all, if you are trying to use the very top at 24 ish pence, a top that was only there momentarily to support your thinking as to where we are now"
Exactly cooncided with serenity deal announcement despite riproar of oil prices. Momentary hardly its been since the deal was announced. Contrary to what you think most Pis wont have the fire power to persistently sell 1m blocks.
Size of the sells would indicate to me the following possibilites or a combo:
1/ someone was building a stake prior to offtake, maybe a data room party.
When the deal was announced with eog, this party decided to sell off?
2/ someone played the crisis and the oil rises and sold off.
Unlikely pi's sells can have this much of sp decline.
3/ Just plain old market perception of the Serenity deal.
Cant be believe this much was built into the sp for serenity.
Which surely means that the canadian assets are now undervalued.
Somethings amiss here?
Reaction to serenity deal. Reverse is true of eog. Clearly market unhappy from I3E perspective.
All in good time Captain. I suspect main reason being we need a production update for the market to assess impact on bottom line and value of Co. We already have an idea but the proof is in the numbers. Lets be having the update..
Cant argue with a 37% resource increase. POG been doing nicely. If AISC can be reduced or maintained. POG increases should go straight to the bottom line. An opportunity to get in sub 10p in what looks like a mid tier potential is too good to pass up imo.