We would love to hear your thoughts about our site and services, please take our survey here.
I got my full amount from Freetrade which works out about 7.29% yield.
This interview pretty much covers what Shatner said in his podcast but at least you get to see a lovely Christine....and also Adam! He must have been doing the rounds yesterday on a important milestone in the company's early history.
https://www.proactiveinvestors.co.uk/companies/news/967963/bens-creek-group-plc-begins-extracting-coal-from-its-site-at-its-west-virginia-based-project-967963.html
Just wait till next year when we start targeting 1m met coal, which by my wonky maths, it's over double the current targeted production so hopefully this time next year and with a fair wind, we will be north of £1. But I'm sure since things are going so well, we could be there May cause we've been averaging 4p rise every week.
I haven't got mine yet but my platform sometimes takes an extra day or so to process the divi. So hopefully it will arrive tomorrow!
The TM1 genie has heard your wish today so it's went up 10% today!
Suzz....Rita, sue and Bob too? (Showing my age now!)
Anyway, I recon we will get a spike in the SP tomorrow as the whiff of RNS lands on Friday. Somehow, the MMs know the RNS lands before the actual document lands and buys before us normal people! It just means there's more to say in the RNS rather than it being issued on the first day of operation. Giving it a few more days means BEN can comment on how well things are going and at what production rate?
Allright, Uncle BEN has just popped his head over the 35p wall. It's gonna jump up to the next level!
Booooming! and it's not even Wednesday yet!
Are they perhaps using dynamite to bring out the coal? Lol!
Looking at the Google chart, I get that feeling the SP is like a spring being held back very tightly. Every time it dips a little, it springs right back up! It's just bouncing off 31p...but nothing is gonna hold this back come next week when it POPS up!
You've done well there Medi. I cant top up cause I've ran out of funds!!!! So annoying!
Thanks Sea. I just though if they have 2 plants, it would be better to space them apart so it is easy for Slicker to go to rather than the same region like 1 in the Midland and 1 in the South.
Anyway, whilst surfing the web a few weeks ago, I just happen to stumble on things relating to Idaho. Then by coincidence, I happen to stumble on TM1. So I'm taking this as a mystical sign that means big things will happen with the Idaho Cobalt Belt i.e. a mahoosive JORC related resource discovery!
Great post Shatner. Glad to hear things are pretty much on track. I wasn't far off in my thinking when I posted in Monday. I was probably 1 week behind my estimate. But definitely something to look forward to every month:
> Early Dec - Start of production (defo should rocket the SP next week!)
> Late Dec - Expanding acreage and getting Agreements with other locals to use BENS' infrastructure
> Jan - Delivery and 1st shipment
> Mar - Double production from purchase of another High Waller
Pretty much just growing and increasing all the time!
And CapHaggis, I wouldn't worry in a small drop in the SP, particularly on a day like today when pretty much the FTSE was in the red. So more of a overall market trend rather than anything specific to this company. Just wait till Wed next week and buy yourself a bottle of Champers to celebrate on Friday!
I got a bit excited as this did a high-five near 32p this morning! Now waiting for news on the start of production. But I suspect the RNS might come in the 2nd week of Dec as they would've needed some activity before providing any newsworthy report.
Regardless, the build up to extracting that high grade black rock is well an truly on the way.
Can anyone clarify where the locations of the 2 plants are? I though they only had one ready to go in the Midlands as per the IPO brochure and another one to be build later in 2022 but 'transport it to the closest Recyclus Group Ltd ("Recyclus") plant' and 'once the two plants are commissioned in Q1 2022' suggests they have 2 locations.
Or does he actually mean 1 plant/physical location for 2 types of plant/equipment dealing with both Li-ion batteries and Lead-Acid batteries?
SP just doesn't seem to correspond to the buys and sells. Not that I'm suggested there is SP manipulation or anything but...
Yeah, I have noticed the SP is high during open, then strangely gets depressed during the day trading time, then bounced back up near day end. Wonder why that is happening?
My prediction is the SP will bounce between 29p and 32p till the end of the week where we might tick up closer to 35p. Similar to the movement we experienced this week.
Then I recon it will start ramping up closer to 40p as we expect the RNS on the start of December productions. The RNS might make a 15% SP increase if we are lucky. That is if we are around 35p early next week.
Thanks NC, Johnno. But for a balanced view, this is a shell of a company and have very limited assets as it is very early stage.
I think the catalyst will be in Q4 when the plant is up and running. Then announcements of getting the drills ready for most part of next year. Base level for SP would be from the recycling business which is the SP around this price. But with plenty of upsides as they get drill results and JORC. If they don't find any great grades, well, the will just be around this price. But with 5 potential exploration site, you only need one of them to come off and you will see the SP rocket.
I've noticed the SP of quite a lot of battery companies shooting up in the past year because we are living in an increasing battery reliant word. Demand can only continue.
High risk but high rewards!
And we are getting for a lift off? After a week of consolidatoin, we're going up another level.
Crept up past 5% as I type!
Well ATYM is increasing production. So they either have to increase more or rely on copper prices rising more!
We've got a U-boat in the SP again. Come on uncle Ben...time to move up to the next level!
Yeah but the recycling centre is their main business and a minnow.
What? They are planning to have a new plant from Q1 2022 and then a new plant each year for next 6 years and working with Gigafactories! Their Board believe that its interest in Recyclus will be strategically beneficial as it completes the circular economy and also gives access to a potential revenue generating asset, which could reduce the need for future funding rounds to acquire, explore and if warranted, develop existing and future mineral resources. Within 18 months, however, the Recyclus management team aims to launch a proprietary new technology that will allow collection, processing and recycling to be undertaken fully at the Recyclus plant, with a view to collapsing the supply chain and enabling Recyclus to gain advantages in processing times and costs over its competitors.
Allright! So there’s plenty to look forward to for such an early stage company in the circular battery economy. High risk but with plenty of upsides for the next year.
For me, it’s better to get in early…so I’m in! Just wished I had some funds and that my broker made it available to buy earlier to say myself a few pence on the SP!