Member Info for Tenantry

Very good rsvrww.

Do you get paid for that question Jizza?

That would be nice!!!

DropD, Many of us will be down at the fall, were grown up and make our choices on investment. Hopefully selling is slowing and the price will move north.
I feel for anyone that came in at higher levels but I have confidence those previous higher SPs will return, anyone who was in low and sold now to de-risk will no doubt feel different, personally I held and bought in at what I hope was the days bottom price to get my average down and increase my position.
GLA

Jizzge, do you think "this company just gets better" or are you on here to disrupt.

I wish I had some spare cash, but finding the bottom today seems a guess, No news all going Ok and then a 23% drop. !!!

Any suspicion this is a propper good tree shake to test PIs resolve at the first real opportunity, on a change in Coal price and possibly steel demand?

For the record Pond, I wasn't in at 20p either, but I wish I had been.
I got in at 30p and have been topping up since

Hi , I've been extremely confident in this share, I can see a bit of choppy waters coming and I am prepared to hold for time being as I'm still in profit, but is this SP indicative of the real value of the company going forward, or more reflective of a temporary market move relating to infrastructure plans / coal and steel demand.

Here they come!

I dont see it as a spare, it will work, it will contribute to the production output, and its an asset we have now, It will produce stockpile to draw off for contracted delivery.
I havent seen if there are any penalty clauses in the contracts, does anyone know ?, but Im sure the buyers want certainty of delivery.
Seems to be a bit of disruptive comment regarding the company investment in assets to allow it to fulfill its operational requirements.
Would there be a shareholder acceptance if one the HWMs breaksdown and we reduce production. I would be more upset at the lack of planning for breakdowns.

Too much noise about the amount of HWMs we now have and the state of repair of 1 of them.
Did the RNS say it was knackered or just undergoing maintenance and assembly.

If anyone is unhappy with the approach the team are taking with the critical assets perhaps they should see this as a risk and divest of their shares.
I think its a great move, we need HWMs weve got 3 tied up now and they are not readily available.

Drop D, Apologies, I wouldn't have a clue as to how to cost the company. I say that at the risk of some more savvy investors stating why are you investing of you don't know what its worth.

I'm here in the anticipation of regular dividends, so would hope for no sale but I cant help getting drawn back to the possibility.

I believe the 3rd machine will run, how the hell do you produce coal with kit which isn't maintained or is the plan to only maintain when broken!!!! I would suggest that would be bad maintenance on a production line..

Companies who understand the value of an asset by what it produces when its working and what its costing you when it doesnt will have asset management strategies that take account of its capital cost.

I will leave Bens Creeks asset management strategy to the team, rather than suggest that they are wasting money on plant that is busted and of no use to them.

Do we have any evidence of the team wasting money so far.??

I'm also conscious that in a Bens creek video I watched, AW was very keen to emphasise how much it would cost to get an operation like this up and running and all the associated plant.
I did think it was a strange emphasis he placed upon the cost of the equipment and the operation being up and running, It left me wondering if he had an eye on a sale.
What could be better than building in all the assets for a long life mine with no immediate major capital outlay required going forward. Just a thought.

I'm reading between the lines the other way.
We need to ensure we can deliver our product, having only 2 machines available means any downtime costs 50% of our production.
If we have production figures to meet to supply X customer at so much per week / month etc, then we need redundancy in our plant or we never commit to more than 1 machines output contractually, stockpiling could be a solution, but possibly demand is going to outstrtrip 1 machine + stockpile capability, therefore having a standby machine available, to assist in stockpiling and also meet contractual obligations may have necessitated a quick solution, eg taking the option of the second lease machine while it is available and we ready our purchased HWM for use.

Sorry... straight down again.

Just traders ? or something brewing for lunch?

Im still comfortable and HHs comments are spot on for me

Looks like a reaction to reduction of demand and price in China.

Info from FT.

I really hope so, I averaged down significantly on the belief that there was a chance that something was there worth hanging on for.
Hope this isn't a staged rise.