Member Info for kay786

There still make $55 dollars profit per tonne. There cost are only $95 a tonne. Still $700m profit on 3.1 tonnes.

It will do with thermal coal been phased out. Or go even higher that will mean more profit. Argument either way.

Potential is all there to be seen. 3.1m tonnes is $620m profit PE of 4 gives us $2.4bn plenty of scope in the share price £5.

Those warrants are peanuts in comparison to the total shares in issue. Also means more money in the pot for BEN.

Under the terms of his service agreement, Adam Wilson (Chief Executive Officer of the Company) is entitled to participate in this option scheme up to a maximum of 3 per cent. of the Company’s issued share capital on Admission and as such he has been granted, conditional on Admission, 10,500,000 options over Ordinary Shares. The options have an exercise price of 5 pence (being a 50 per cent. discount to the Placing Price).
Under the terms of an agreement between the Company and Bob Warnick (Director of Financial Planning and Office Administrator of BC Operations) he is entitled to participate in this option scheme up to a maximum of 1 per cent. of the Company’s issued share capital on Admission and as such he has been
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granted, conditional on Admission, 3,500,000 options over Ordinary Shares. The options have an exercise price of 5 pence (being a 50 per cent. discount to the Placing Price).
The options granted to Adam Wilson and Bob Warnick will vest on satisfaction of the following thresholds:
Percentage increase of share price above Placing Price
100% 200% 300%
% Adam Wilson’s and Bob Warnick’s options which vest
33% 33% 34%
The performance conditions are related to the volume-weighted average price of the Ordinary Shares on 10 consecutive trading days.

https://www.proactiveinvestors.co.uk/companies/amp/news/965696

https://www.londonstockexchange.com/news-article/BEN/director-pdmr-shareholding/15201006

Not the same mine do some research.

It will be around the ipo price

Yes people should be buying not selling there shares on the cheap. 60% of the company taken by 1 shareholder!

https://www.metalbulletin.com/Article/4014897/coking-coal/Seaborne-coking-coal-prices-flat-on-thin-trading.html

See you at £1 :)

https://www.metalbulletin.com/Article/4014715/coking-coal/Seaborne-coking-coal-prices-relatively-stable-no-trades-reported.html
To the derampers out there this morning. Met coal prices look sky high to me. Hope no one fell for that one this morning!

Met coal we mine not thermo coal. Do some research LOL. Couldn’t make this $hit up.

What drop your in coal price LOL

They had 60m debt because of the rail track build hence why they failed. These guys need to mine it out and sell it no debt all profit. Do some research!

LOL they took it off the banks!

https://twitter.com/zakstraderscafe/status/1454754981702217736?s=21
Sunday roast out another agreement with a second loader will double out put. Giving market cap around 400m :)

Once production is ramped up even 100,000 tonnes a month will be a few quid on the share. I’m sitting on my hands.

Coal prices still going up!
https://www.metalbulletin.com/Article/4013980/coking-coal/COKING-COAL-DAILY-Premium-cfr-price-softens-after-China-customs-clears-stranded-Australian-coal.html