Bens Creek Share Discussion Threads

[terminator101] 06/11/2022 05:33

Morning rampers. How are you getting on justifying the massively overvalued market cap of £88 million against multiples of their tiny revenue or against the losses being racked up? #fantasy #delusional

[purchaseatthetop] 04/11/2022 22:03

Seagreen has moved to the ENET board as he does not want to answer. Go figure.

[purchaseatthetop] 04/11/2022 11:45

Just for fun we can do some profit and loss estimates…

For six months to 30/9/22

88k high met b sales at $200 a ton. $17.6m

Costs
Cost of sale at 66%. $11.6m

Gross profit. $6.1m
Staff costs $3m
Legal and prof. $1m
Travel and subsistence. $0.3m
Depreciation $0.4m
Coal depletion $1.3m
Insurance $0.6m
Audit fees. $0.15m
Other administrative. $1.25m

Total costs $7.9m

Operating loss. $1.8m

Finance costs. $1.5m

Loss before tax. $3.3m

Will be interesting to see how close!

[purchaseatthetop] 03/11/2022 17:45

Flatline drift with low volume. The end status of a peaked AIM share.

[purchaseatthetop] 03/11/2022 14:46

Seagreen.
I am not saying that there was no ROM stock as at 30/8/22. We know what it was.

The final results RNS told us that ROM stock at 31/3/22 was 21k.
The final results RNS told us output 1/4/22 to 30/8/22 was 184k.
The final results RNS told us 66k clean therefore 132k ROM was delivered 1/4/22 to 30/8/22.
Therefore stock at 30/8/22 was 21+184-132=73k tons ROM (or 36.5k clean).

[purchaseatthetop] 03/11/2022 11:05

Millennial. I am an NHS ambulance crew member and my shift started at 5.30am. No chance of rest. Keeping lovely people like Seagreen safe and well.

[millennialinvestor] 03/11/2022 10:54

half two in the morning, and quarter past 5, both please get some rest

[purchaseatthetop] 03/11/2022 05:15

So you are wrong. That was proof. So no absence of proof. Try writing less and thinking more.

[xarasvii] 02/11/2022 18:08

Lol u 2 still at it? ....

[purchaseatthetop] 02/11/2022 11:55

This is being drip fed sales to try to avoid crashing the price while buyers think it is still good value pre Interims horror show. Just my view.

[purchaseatthetop] 02/11/2022 10:54

FFS Seagreen. That is a colon, not a semi colon. You truly know nothing.

[seagreen] 02/11/2022 10:50

Anyway this is boring as you are not going to back down

You know what is wrong with the ENET thread you all rabbit on looking for possible sources of revenues or purchase orders as though everyone understands what you are saying, but non tech investors or tech investors who are not telecom experts and who have not researched the company look at the chart and think well what ever it is it is not working.

I know I am old fashioned but ADVFN was originally set up to help people find undervalued stocks and share info.

Why not work on an unbiased concise idiot's guide that people can understand:

Product,
What it can be used for,
Why the delays in revenue
Why the focus has changed
Futiure revenue streams

(Editor smashing use of a semi colon Seagreen)

[purchaseatthetop] 02/11/2022 10:39

Interims will tell us.

[seagreen] 02/11/2022 10:38

No Patt. You are simply reading what you would like rather than what it is.

(You got history LOL)

[purchaseatthetop] 02/11/2022 10:35

No Seagreen. You are simply reading what you would like rather than what it is.

[purchaseatthetop] 02/11/2022 10:03

When will this imaginary pile of coal reach the sky Seagreen? You are looking more and more ridiculous!

The RNS said “between April 22 and August 22 184k tons of raw coal have been stockpiled”. That is for the whole five months. Not as at 30/8/22.

Can we have a photo of this 200k+ ton pile please?