The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Hindhead to be fair to AW he keeps telling shareholders to refer to the IPO admission docs.
They indicate doing 40kT a month by a far later date than now.....years ahead of schedule, but I agree that the words he sometimes uses and some of the RNS timelines do give the impression of over promising and under achieving.
As Penstock says....take a look where we are in Q2 2023...hopefully we will be pushing for 70-80kT a month.
GLA
To be honest would havebeen better for me to listen only.
Phil Carrol very professional, Kev Hornsby good direct questioning but he looked like he had just come in from a shift in a garage, Coughing fits and very unprofessional.
Targetting 1mT washed per annum in 23. Not expecting current operation to exceed that figure, butthey are looking at aquiring other opportunities
January hopeful of 2nd HWM in situ to work that 80kT per month figure up
November hit 40 Kt after moving HWM to new Permit which included output from underground.
Site engineer working new permits so no delays when moving to new areas.
MBU MI targeting dividends and repeated what he heard from AW which was a hopeful interim div in June 23 and main Div in Dec 23
Integrity seems to be only customer but AW seemed very comfortable that they will take everything they can get.
Seems like some good networking happening as they are meeting a couple of local senators who have been informed of the increased employment opportunities.
WHI doing a research note for possible issue in Jan
GLA
Penstock, I think the efficiency of the washplant has improved those figures also, so whilst I recognise its easy for the maths to look at 80KT gives us 40KT I think it is something in the order of 80Kt gives us just shy of 50KT.
Cheers and Happy Thanksgiving to any of our American Share Holders.
A while back AW commented that he was going to get an appraisal of the business done to establish its true value once the new permits were in place or something to that effect? (only my recollection)
Is this the sort of thing thing that the broker will be doing?
I have suspected that we are being lined up for a T?O, but hope that we are not.
More publicity outside of the BC bubble would be good I think, but as a lot have commented we need to see the financials and establish regular railcars leaving the site.
I'm in for the long haul and hope WHI are going to get things moving.
Lincolnshire.
Thanks for your response but I wasn't the poster suggesting we were getting close to capacity of storage, to be honest I've not seen that on the BB so not sure where your coming from on that issue.
I am though interested in our storage capability, but not as much as I am on the revenue stream.
Ben's Creek might be massive but if we have to double handle the coal to allow for storage the profit per ton is impacted.
PS I know it's stored outside, I'm from Northumberland so I've seen enough coal and **** heaps to understand the scale of these things, but you want it in the right place, possibly in line with permit requirements.
Let's just keep our fingers crossed that Bens Creek have seen a couple trains and we get the coal to our customers.
GLA
All, There wont be too many investors who weren't around at IPO who won't be down. I'm currently 43% down. I have moments when I do wonder???? but I'm of the opinion this will make money for late PIs as well as the IPO investors.
The work and investment in infrastructure that has been put in will support the production of a plentiful quality product with strong market demand in the coming years. Well thats my belief!!
I'm holding fast and getting the odd top up in whilst I can.
GLA
I'm even cautioning myself about buying more at this low level.
I want to buy in more because in the absence of any negative information the price offers such an opportunity where the info and plans we have seems a bargain, However I would like some news regarding train schedule, production update offtakes pipeline before I commit more funds.
GLA
Aimofthegame, I agree with the thrust of your comment, but I make it a 30% fall ( There and thereabouts) since permit approval RNS.
Its all about the train deliveries now, we've got everything else in position for the current customers.
Permit for 299 Acres
Mining plant and increasing production capability
Yellow Iron
Rail Line
Washplant.
We're Hiring staff (not sure if that is anything that could hold us back at the moment)
Am I missing anything?