Bet this gets smashed with buys on any weakness.
Mpd - that might just be because it’s a new share. I’m sure if you contact them they can add it.
Who needs a bank when you’re making £8m profit a month and own all the infrastructure to do so…just saying.
Some great volume coming in here, especially for a newbie. Only 70m or so in public hands as the rest are locked in for 12 months. 10% of available stock traded today alone, which is excellent and it’s only just the start.
Can see some debate over the figures, which is understandable, but I think even the most conservative figures are showing a disconnect in the current SP.
I’m my opinion I think 55p by year end (175m mcap) providing production starting on time and 40,000 tons mined. Following proof of the system and infra working next year will be incredible especially if they are pulling in roughly £8m profit a month (40,000 tons * £200 profit). This gives capital to drill up further resource and buy further mines to get to maximum capacity of 3.1m tons.
Only 2 mm left at 21. 3v2
Ah yes sorry. Yes must be for competition reasons. Says in line with projections, which as CEO mentioned last week is all in the £95 ton costs. Anything above is pure profit.
Have a look at the offrake RNS last week. That’ll tell you the price they are selling at. Also for the 18k, integrity coal said they would take the lot if we have it.
Been happening all week. When they run out of stock they drop the price, fill the orders then start printing the buys. Don’t be fooled.
21 being taken down. 22p paid very shortly
21 paid already.
Opening at 19.25 at the moment
Well a P/e of 4 would give a mcap of circa £320m. That’s a share price of 90p.
Btw my figures are conservative and based on the high vol b product only.
This share is insanely undervalued. On this contract they will be producing 40,000 tons per month equating to roughly £11m revenue per month which is around £6.8m profit per month. Annually that £81m profit which is 50% higher than the market cap. This keeps getting better and better.
Minimum 40,000 per month.
Going to be interesting when the rns lands that production is starting. This is like a money machine and will just get better and better. Imagine when they are at full capacity of 3.1m Tonnes. That’s about £50m profit a month lol.
You just need to look at the date and time of the trade to when it was executed. If earlier on the day or yesterday, would need to look back at the trades at that time to see what the spread was to see if buy or sell. You can get level 2 on here for about £20 a month. Not the best platform but it’s cheap and you can see what market makers are offering and at what price. If you’re really keen get level 2 on IG and you can see exactly how much stock each market maker is offering but that’s much more expensive.
Book strengthening again. Only 2 left at 18.
:)
Only 1 mm left now. Coggy your 18p will be getting paid again in before close