Bens Creek Share Discussion Threads

[ohojim] 04/3/2023 22:53

"I used to be in the coal power station energy business."

If that doesn't generate a peagreen response from his Spoonish hovel then I will eat my pants.

[purchaseatthetop] 04/3/2023 22:16

Bad gateway. You must read your evidence.

The Endesa case study used by you used stockpiles of 2,045 tons each for testing. BEN uses piles that the case study can only dream of. I used to be in the coal power station energy business. 840,000 tons is a hundred meters deep.

[bad gateway] 04/3/2023 20:44

No that was worst case PATT. ie the 45% slope that you first presumed for BEN and on piles BEN can only dream about..

ie..
"The Future of Coal Storage

If coal power stations are going to be increasingly subject to the whim of competing energy prices, economic uncertainty, and environmental restrictions, the future of coal storage may be a move toward much smaller stockpiles. When I started my career, it was common for power stations to manage 60- to 90-day piles, with some sites managing 120-day or larger piles. Over the last five years, I’ve witnessed a shrinking of coal stockpile sizes, with some sites moving toward 30-day or even 20-day piles."

and again.
"How much coal does a power station burn per day?
Coal for Electricity Generation. In the United States, 52% of the electricity comes from coal generation. A typical coal fired power plant, like the one in this picture, heats water to 540 deg C to produce high pressure steam. To produce 109 kWh/year of power, the plant burns 14,000 tons of coal every day."


Believe BEN was expected to store 30KT's of coal for initial deliveries to the train co in one of their RNS's. Not even close to the 840,000T's in the managed for 60day piles?
Mountains and molehills seems the best analogy here.

[purchaseatthetop] 04/3/2023 15:00

Read the linked report that shows this is the case.

It says it loses both 12.5% of its mass and 7.6% of its heat content in 270 days. That is total loss of 20.1% in nine months so 28% over a year. Pretty close to my 33%. Only 2.5% loss per month then with your best case.

[bad gateway] 04/3/2023 14:33

No PATT this was your point and the post I answered..

purchaseatthetop 4 Mar '23 - 12:47 - 9042 of 9051
"Coal sitting in stockpiles starts to deteriorate from the moment it leaves the earth. In piles with 45 degree slopes it loses 33% of its BTU per annum. So essentially it is losing around 3% per month in value. Stockpiled coal is bad for cashflow and loss of output value."

You were claiming that BENs coal would lose 3% of its calorific value every month. The claim was incorrect.

[purchaseatthetop] 04/3/2023 14:33

Haha! Bad gateway. I always know I have won when morons try to divert. Post whatever you like as it does not change anything I post here. Just makes me enjoy making you look like a tool more.

[purchaseatthetop] 04/3/2023 14:29

bad gateway. I found your source:



"The control pile was a truncated pyramid with 45° sloped sides and no special protection"

"The control pile underwent powerful oxidation in its first 100 days, and its average internal temperature rose to more than 290F within 80 days. Thermocouples inserted into the pile detected hot spots of nearly 950F! After 270 days, this pile lost both 12.5% of its mass and 7.6% of its heat content."

I think you have proven my point so thanks.

[bad gateway] 04/3/2023 14:28

Is this you at co's house PATT? Looking forward to going through with a fine tooth comb if so.

[purchaseatthetop] 04/3/2023 14:20

No bad gateway. Incorrect on two levels.
1) I am not a hater. I am a realist.
2) I have linked to the Endesa findings and the results are quite clear. How about linking your findings as otherwise it is just you saying so.

[bad gateway] 04/3/2023 14:14

Not really PATT there's no fun here you're just a hater
The Enseada study
"The control pile was a truncated pyramid with 45° sloped sides and no special protection."

"After 270 days, this pile lost both 12.5% of its mass and 7.6% of its heat content."


Quite clear 270 days at 45 degrees with no special protection and lost 7.6% of BTU value.

[purchaseatthetop] 04/3/2023 14:01

bad gateway. of course losses can be a lot lower with proper stockpile management: the Enseada study can be seen here:



"Unsurprisingly the configurations with physical membrane protecting the coal pile (i.e., configurations #3 and #4) performed the best, and by notable margins."

The point is that which version do you think BEN are using? The physical membrane protected pile sheltered from the elements or...the great big pile out in the open?

and thats before we talk about the problem of self ignition...



Prevention of combustion by air isolation:
making low incline plane, compaction of stock by bulldozer and vibrating roller
stock altitude below 12 m
avoid blending lump coal and fine coal
Don’t stock long-term high volatile coals
The elevated temperature of coal received, or receiving coal in season prone to easy temperature rises (dry season) should be given priority reclaiming over other coals

Let me see. High incline plane, not compacted, altitude above 12m, high vol coal, stockpiled long term, dry season coal on the bottom. Just ticked all the boxes for self ignition. Fun isn’t it. Who would have thought these things would ever be discussed? Cannot wait to see what Seagreen thinks about it*


*some of that may not be true

[bad gateway] 04/3/2023 13:49

Same paper mentions effect of storing at 45 degree slopes..

"A Spanish study at an Endesa power station examined different methods of preventing heat content losses from oxidation in five different coal stockpiles, using a coal that was notorious for undergoing dangerous self-heating. The control pile was a truncated pyramid with 45° sloped sides and no special protection"

"After 270 days, this pile lost both 12.5% of its mass and 7.6% of its heat content."

[bad gateway] 04/3/2023 13:34

Thankfully for the many thousands of power stations that store reserve coal on the face of the planet the situation isn't so dire as PATT would like..

"Coal heat content losses can vary tremendously across different sites and types of coal. A study in the United Kingdom found that, with proper stockpile management, high-rank bituminous coal lost only 0.65% of its heat content over several years. Another study found a low-rank subbituminous coal can lose 1.5% of its heat content just between the mine and the power station. A study of low-rank coal in Brazil found stockpile heat content losses of 5.6% over just 10 months."

[purchaseatthetop] 04/3/2023 12:47

Hopefully all that data is correct Penstocks.

I really cannot see them filling a CSX train. If each coal truck takes 20 tons and we think it is a 100 mile round trip to the rail loading place, then that is max 1.5 round trips a day with loading and unloading plus waiting. All done in winter in the dark a lot and on snowy snd icy roads. That is 550 round trips to do one train. Even if they have five trucks working 5 days a week it would take 550/1.5/5/5=15 weeks to fill a train!

Coal sitting in stockpiles starts to deteriorate from the moment it leaves the earth. In piles with 45 degree slopes it loses 33% of its BTU per annum. So essentially it is losing around 3% per month in value. Stockpiled coal is bad for cashflow and loss of output value.

As always, I really hope that my cynicism is incorrect.

[penstocks] 04/3/2023 12:36

Am not saying there were no trains since end of January. A contractor had said one was due this week but he hasn't yet verified f it came. Bens had 4 NS trains in January (4=KT) and trucked 10KT to fill a CSX train. I know they continued trucking out coal in February and continue to do so. It is the NS trains we don't know about for March but the stockpile continues to grow so hopefully we get 4 or more in next few weeks. Bound to be big news mid March to allay fears...I say impatiently ;)

[seagreen] 04/3/2023 08:44

Only you care about MBU no one else does.Has no impact on underlying business of BEN.There have been no Blue Star share salesMBU share holding increasedSo what if MBU have to sell their shares in the future unlikely but so what.

[purchaseatthetop] 04/3/2023 06:59

Just in case anybody doubts my 20k a month claim:

20/12/22 RNS Interim results for 6 months to 30/9/22
"Interim Results Highlights
· The Group produced 99,928 tons of clean metallurgical coal in the period."

6/6/22 RNS:
"We have also commenced the second shift on the first highwall miner and are in the process of renovating our second highwall miner, which we purchased earlier this year."

So, for nearly the entire six month period 1/4/22 to 30/9/22 during good summer weather months the mine produced 100k tons using two shifts for most of that period. That is exactly what they have been doing for the last six months after 30/9/22 but this time during bad winter weather.

It does not take a rocket scientist to calculate that there was indeed an average of about 20k clean tons produced each month, on average, during those four months using two shifts and 10k per month for two months using one shift totalling 100k. It also does not take a genius to realise that it will be much more difficult to maintain 20k per month when the weather turns the mountain sides being mined into Somme like conditions.

Moreover, you only need to be able to read (that is good as Seagreen falls for Adams lies like tea on the lawn) to realise that Adam may just have been slightly* misleading you:

27/6/22 RNS:
"We are delighted to have had the opportunity to exercise our option for MHW to operate a second highwall miner on our behalf and reinforces our strong relationship with our contract highwall miner. Highwall mining machines are generally in short supply and command a market premium. By operating two highwall miners simultaneously, this will enable an increase in our production capacity to up to 80,000 tons per month."


*redefine "slightly" as "completely, unbelievably, endlessly, to the extreme". That was nine months ago. NINE MONTHS!!!!!!

[seagreen] 03/3/2023 17:49

Back to the good old average game......total tepetitive, not relevant and meaningless,,,,you realy are sub average

[seagreen] 03/3/2023 17:46

dividends aint going to happen until they clear the negative "realised" retained reserves ....agree pay the debt down

[seagreen] 03/3/2023 17:42

Patheic Pants on fire Pinnochio

You really do need to come off those LSD tabs ....

The holders do not trust your alice in wonder land stories one iyota

You can not even get your lies to make sense


4 lies yesterday several made up stories all because you hate the CEO and a failed ramp round at ENET that ran out of steam when everyone realised there was no new revenues as you were trying to convince everyone


What an idiot