Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If I didn't care about a share I wouldn't be investing my time in talking about said share. But you are! Like I said if atlantic coal hadn't gone bust then there would be no bens creek! Adam doesn't hide anything. But I agree investors need to do their own research elsewhere they are trusting people on boards which is rather silly!!! Boards first point of information then research said information.
Woow, the derampers are certainly having a fun game. Atlantic coal had to finance a multi multi million pound railway and significantly lower coal prices so went bust. I obviously feel really sorry for investors who lost monies in Atlantic coal. Bens creek is benefiting from the railway and infrastructure that Atlantic coal built.
Bens creek is building up new capacity etc etc so things never go to time scale.
I really like bens creek and Adam (although yes he is a little bit too rampy!).
Don't forget everyone is in for themselves with shares, I am obviously a ramper, NOBODY is neutral!
Thanks to bens creek I have now retired early. Sold high (unfortunately not at top), bought back some more when in mid 30s and now have free 303,000 shares so I am certainly happy.
I feel sorry for people who bought at £1 but this is a small market cap share and will be volatile. Hopefully just a waiting game for you to make monies.
Pros coking coal increasing again, permit will get approved so all good. Its just a waiting game. So some people will do some frequent trading with ben too, driving it up and down (I have done this too, it's all a game, and sometimes a fun game).
All this talk of taking the company private is just silly.
I know when this share takes off again (and it will but has dropped so much will take time) then I certainly wouldn't want to be a shorter!!!
Interesting article https://stockhead.com.au/resources/ground-breakers-stanmore-pays-cool-us380m-to-take-full-control-of-queensland-coal-mines-as-earnings-soar/
A great share, can't believe the valuation is so low, although it's been nice building up a position. I am now happy for it to re-rate as I have got a rather lot in here now and need to try and stop myself from getting any more!!!!!
People are just doing frequent trading with ben at present, I have no problem with that (as I have been doing some frequent trading with ben as well although I have still got my core long term shares as well). Once permit is passed then ben will rocket, if it doesn't then the percentage dividend will be massive (so happy with both cases).
Its certainly an option for ben to provide coal to power stations if met prices don't return to being higher than thermal. The world currently need thermal coal more than met coal. I realise that long term met coal is the way forward. Actual met coal ignition temp is higher than traditional thermal coal but I suppose it could still be used in coal power plants. An interesting way forward if metcoal stayed low for longer!
This is very interesting about a met coal producer thinking of switching to thermal as the price for thermal coal much higher than met coal (normal situations it would be the otherwise around obviously). https://www.steelorbis.com/steel-news/latest-news/tigers-realm-coal-coking-coal-producers-may-switch-to-thermal-coal-market-1254048.htm
Its just people using these commission free dealing websites so people could just buy one share. I know kids at school love buying shares using these apps (obviously must be in their parents' names).
Originally was going to sell some at a £1 but this seems way to silly and early with coking price rises, railway soon to be
Commisioned, 2nd hwm etc etc, too much happening. Will think about selling some after £2 now. Production set to quadruple in 2 to 4 months!!!! I honestly think could see £3 within 4 months, I am very excited as I have a decent amount of monies in this.
Ya excellent, $430 for high vol b.
Met vol b up again, up $15 to $415!!
PE 8, you are looking at £3, what! ( with both HWMs, railway and wash plant all working and integrity taking all met coal produced). Its difficult to stay grounded with this one, it gives me a headache thinking how much monies we can make.
Amazing. We sell according to a 20 day moving average of spot price with an unknown discount, in q4 2021 warrior met was selling at a 15% discount to spot price, let's say we sell at a 25% discount, then that's $300 and costs are only approx $100. Ummm I don't think I am going to profit take anytime soon!!!
On Sunday roast they said £10s of millions, so I assume that's £30 to 90 millions ???? That would be nice. This share certainly moves (both ways) on very low trades, but I suppose its only £8 million market cap.
They said how much it had gone up, that went upto 41p then down to 35p (when it was recorded) and was in consolidation. And now from me! But it had gone up way too fast in such a short period, we had to have some profit taking which is healthy. I really like this share but no and again going be volatile, obviously wish it went up every single day but that's not normal. I do below this will be way past a pound within a short period of time. But ya when the share price goes down its painful unless you buy more!
Oh I do like Sunday roast, they talking about Ben again. Said forget about 41p its going to be pounds and one of the big shares of 2022, yes please.
Woow, just woow. If they can prove up to 280k oz then £200 million plus, ya with dilution but still woow!!!! Then to 500k oz. Oh I wish I bought more last week! Really interesting interview.
The new adr ticker is pxcly. I can wait, great little company, hopefully in a few years going to be a massive company. No intention of selling until at least £5!
While I would like it if they didn't make their dec target as I would like to buy more at a lower price I unfortunately can't see that happening. I think rrr boss probably is not particularly liking the fact that gcat is dramatically improving the company unlike rrr! With gold price advancing that's more profit, which is obviously great but would also be slightly nice for share price to go down, just for a limited time please hehe!
Reddit Uranium Squeeze, small group but growing . Very interesting uranium information on the site.
https://www.reddit.com/r/UraniumSqueeze/
Got gcl, and efr (Uuuu, energy fuels) and nxe. Uranium is starting to look very exciting.