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TM, I wasn't being funny with you. I've only been doing shares a few months so I just talk it from a layman's pov. I am still at tad naiive and may get it all wrong which is why I sometimes say "please correct me if I'm wrong".
Adam has been a real gem with keeping investors informed of progress and prospects and I agree with you that as & when there is anything worth posting a photo of, or announcing he will do so either via RNS (that costs money) or if non sensitive via the Benscreek website/twitter/roasts etc.
Best wishes, penstock.

Heyup TM,
Adam said in a midweek roast that the MHW will extract 80Kt raw coal pm which washed/processed produces 40K metcoal. The RNS figure of 408Kt pa is less than 480Kt pa (40Ktx12months).
The offtake price of $115 is for 20Ktpm, I think the surplus is $150 pt. So (115x20x12) + (150x20x12) = $63.6m per annum from 1 rig.
However, the RNS says the HWM extracts minimum 40Ktpm so we will have to wait and see if that figure of 80Ktpm is achieved. If only 40K then the annual revenue would be $27.6m.
$27.6m forecast is still enough to get 1 or 2 more HWM rigs in Q2 which would enable BEN to reach in excess of that $63.6m and also finance more acquisitions & dividends.

$19.5m not 195.4m, sorry 'sticky fingers' on my calculator added an extra 9 and multiplied 115 by 1699500 tonnes instead of 169500

Banzai, It has always been said that the railway contractors have agreed to complete by end of January but that an extra week leeway would be given to take it in to February. As it happens, Adam (CEO) in latest Roast podcast, said that the 2nd team of rail contractors would be onsite this week. Looking good for completion mid to end of January. Was hoping the washplant was able to start work this month so that the processed metcoal could be stockpiled ready to be loaded to the rail cars next month but they were waiting for some machine parts apparently. No point releasing another statement until coal is loaded and generating revenue. I wasn't expecting one this month tbh so if anything the statement is one month ahead of schedule. Yes we are currently at a loss (about 605K?) but look at what has been done so far. Come April 2022 with the modest RNS forecast of 169,500tonnes of coal loaded into the hoppers at $115pt BEN will have generated $195.4m revenue. I'm happy to wait for that statement and of course updates along the way.

Good to see legit figures rather than fantasy projections. The forecast of 408K tonnes per year by April 2023 will be double that with a second HWM doubling revenue. No mention of it in this RNS as we haven't ordered it yet but Adam has said that we have agreement with Mega to have another one and that we will either buy or contract one from them on same terms as we do already, at the end of Q1 next year.
We are paying $50K a year to keep the Lease of the additional 1200 site for 5 years but have option to renew for a further 5 years, so it is worth that just to stop another company mining it and gives us plenty of time to get Permit Licenses and a 3rd HWM on it.
In the meantime the revenue from the offtake agreements can make further acquisitions/HWM/some laminate for the desktop and pay off any loans.
Don't realistically expect any rise above 33p this year (sorry rampers) but IWWTBOOT come mid January when the washplant/rail is all operational and the sp realises this. Happy to hold and enjoy the journey next year and beyond as the BEN sequels hopefully live up to the delivered promises of BEN1 and the CEO. Right now, just enjoy Christmas, have a happy new year and look forward to a great Spring when the coal turns into $revenue$ at $115 pt for first 20000t each month. Each HWM can do minimum 40000t pm with surplus >20000t creating $150pt. Please correct me if I am wrong.
The Washplant is able to process 3mt per annum so we can also take on royalty agreements to handle coal from other neighbouring mine sites assuming we haven't bought them by end of 2023 :)

waiting for photo of the 2 guys shovelling spoil into the digger bucket, lol

what is with all those 10,000 sells today? I'm all out of spare funds to buy any more BEN at these low prices. I did like those sellers did, and stuck a cheeky grand in CGNR :/ Hanging on to CGO, but my bulk is in BEN. Hoping for a good Spring inspite of the 5% interest rate expected in April. Does that effect coal and gold? Gotta be better than investing in property.

BEN is extracting 80000 tonnes raw coal per month and stockpiling it ready for the washplant to process it mid-January to about 40000tonnes metcoal @ $150pt profit.
The railtrack repairs are ahead of schedule with the 2nd crew of contractors onsite this week.
The stockpiled coal will be loaded into the rail hopper cars February/March for a further uplift in offtake revenue once it reaches the weighbridge.
A second HighWallMiner HWM will be Leased, or if financially viable purchased, at the end of Q1/start Q2 to double output....>$144m per year
10p+ dividends payable for holders through 2022.
A neighbouring mine site Lease acquired last week of 1200acres that has the equipment onsite from when it was last mined. BEN has the washplant, rail infrastructure and offtake partners in place to process coal from that mine and ship it out.
That said, we are currently only extracting raw coal from the one mine so at the risk of being called a de-ramper I base my sp expectations today on today's value.

I agree that BEN will be worth multiples more in Spring 2022 and beyond that, but to me right now it is like buying a commercial premises that had gone bankrupt a few years ago, fixing it up, finding new customers and selling the same product at a higher price due to current market trends. Last week's acquisition is like buying the vacant lot next door. On paper it adds some value as an asset but until I fix it up and start selling stuff from it then it is just an extension to my property title.

If BEN get the 2nd HWM in operation in Spring 2022 and secures more acquisitions and can Lease more HWM rigs to mine them then the real value of the company will be realised. Right now the sp is where it is as the infant business has no revenue spreadsheets to show people.

I for one am happy to see the sp rise gradually as revenue streams are increased in real time rather than what happened last time, when it was pumped and dumped at 41p. Sorry to anyone who is not here for the journey. Hope I don't get booted from the Tgm group, lol.
Just my layman's opinion as a normal bloke (only done shares for 3 months) with life savings invested mostly in this stock. DYOR etc. :)

Wallbrooks PR for Polarean told me a few weeks ago that an RNS would have to be released once the NDA has been resubmitted which means it has not yet been submitted. If material information issues have been addressed then we should be due an update. Hopefully in the last 2 remaining weeks of 2021.

6th October RNS: " The Company will seek additional discussions with the FDA
as a matter of urgency and further update the market when material information is received." Must surely be due this update in next 2 weeks.

They should re-submit within a year. For an application or abbreviated application, FDA may consider an applicant's failure to take any of such actions within 1 year after issuance of a complete response letter to be a request by the applicant to withdraw the application, unless the applicant has requested an extension of time in which to resubmit the application. (It's only been a couple of months so far but the sooner the better). FDA is only closed on 25th Dec and 1st January (Federal holidays) until 3rd Monday of Jan and Feb.
A resubmission of an application or efficacy supplement that FDA classifies as a Class 1 resubmission constitutes an agreement by the applicant to start a new 2-month review cycle beginning on the date FDA receives the resubmission.
A resubmission of an application or efficacy supplement that FDA classifies as a Class 2 resubmission constitutes an agreement by the applicant to start a new 6-month review cycle beginning on the date FDA receives the resubmission.
Is the NDA Class 1 or Class 2?

£4m per month. More once loaded on rail hoppers end of January/start of Feb 2022 and taken to weighbridge. Plans to add an extra High-Wall-Miner HWM rig in Spring to double output. Plans to offer other local mines the use of BEN's washplant and rail infrastructure for royalties. Plans to buy further mine sites. Dividends to be paid 2023.

Listen out for the interview with Adam, the CEO, on the Sunday Roast podcast for positive update news of how the recent $6m loan and revenue from coal that is already being stockpiled on the ground is being invested.
DYOR GL.

4 at the top, 3 below filling that big bucket with black nuggets while Snow White is pushing for offtake agreements with South Africa and China. Hi ho!
https://twitter.com/contangoplc/status/1471399442846830594?s=21

https://www.fda.gov/news-events/press-announcements/improve-nutrition-and-reduce-burden-disease-fda-issues-food-industry-guidance-voluntarily-reducing

Original NDA submission was 23 December 2020 when that result was due on 5th October 2021. Is everyone assuming it is being resubmitted 23rd December 2021 (just 78 days later) or would 90 days be more realistic (4th January)?

Caerus Mineral Resources PLC - London-based exploration & resource development company - Concerning joint venture with Bezant Resources PLC which is focused on the Troulli project in Cyprus, indications show that drilling has delineated en economically viable gold oxide zone for near term development.

In addition, infill diamond drilling has shown evidence for the continuity of the sulphide zone at depth beneath the gold zone.

https://audioboom.com/posts/7996936-midweek-takeaway-with-martyn-churchouse-ceo-of-caerus-mineral-resources

They have to release an RNS when the NDA is resubmitted to the FDA. Would be nice if they do so before Christmas.

I should have typed quicker, we are already above that 31.07p :)

the issue of convertible loan notes has raised the volume of shares to 368.23m. That dilution equates to a 95.6% valuation of last night's closing sp of 32.5p so it only drops the sp to 31.07p excluding the 15% annual interest. The Company now have an extra $6m to fund a new acquisition at short notice without having to wait for a placing raise. So BEN borrowed £4.5m, but is producing £4m per month coal. There must be an immediate acquisition coming up that is about +$12m. based on last night's close price we should now be +31.07p until it spikes on the next news release. Hold on for positive updates later in the week.