Bens Creek Share Discussion Threads

[purchaseatthetop] 24/9/2022 18:41

Seagreen. It’s weird that everything that you don’t like is called a lie. When infact it is simply quoting BEN RNSs and Companies House.

Do you deny that William Road Properties has a £29m loan via Euston One Ltd that is in default?
Do you dent that Saint Nicolas House Ltd is in administration with £20m of defaulted debts and is being dissolved.
Do you deny that Park Place Plaza Ltd is in administration with £15m of defaulted and unpaid debts?
Do you deny that MBU Capital Ltd is being wound up as it has failed to submit accounts?
Do you deny MBU Capital Group Ltd has also failed to file accounts and owns all of the above but only has BEN shares as an asset?
Do you deny that Mohammed Iqbal transferred ownership of all the £80m defaulted debt from him personally to MBU Capital Group Ltd in May 2021?

This is the real history of the person behind BEN. Get with the real world. No lies. All truth.

[seagreen] 24/9/2022 08:55

Lie count just keeps on increasing is that 21 or 22

[bonzo03] 24/9/2022 07:41

You're scum

[purchaseatthetop] 23/9/2022 20:32

So Seagreen can understand it…..

Nice Mr Iqbal has a problem
He has bought huge London and other properties just before covid such as St Nicolas House, William Road Properties, Park Place Plaza. Borrows £80m.
Nasty lenders say they want their money back but nice Mr Iqbal cannot sell because post covid these places are worth less than a bag of kittens.
Clever Mr Wilson has an idea. Let’s make a magic coal heaven for Seagreen where dividends arrive. Let’s allow him to buy it.
Silly Seagreen buys coal heaven but nasty Mr Iqbal uses themoney to pay off his debts.

[seagreen] 23/9/2022 18:47

I mean what idiot says a shareholder has to sell when they have increased their shareholding,,,what a muppet

[purchaseatthetop] 23/9/2022 17:17

Seagreen. I know all about Blue Star Capital.

They are a small finance company that have funded MBU Capital and MBU Capital Group Ltd.
They were the “other lenders” who provided the short term MBU loan and garnered 22m shares at 10p for their £2.2m. These they largely sold when John Storey triggered the share price crash. MBU Capital Group Ltd tried to override the rule 7 lock-in by granting them a debenture on the BEN shares. Which I got removed. Blue Star provided the money for the recent £6m placing at 30p which they have been selling at a small profit.

Blue Star have funded the entire BEN opening and are critical to Mohammed Iqbal as he owes over £80m of secured debts in default that he transferred from himself to MBU Capital Ltd in May 2021. MBU Capital Group own MBU Capital and their only asset is the BEN shares.

So, Blue Star are certainly not irrelevant as they are hand in glove with Mohammed Iqbal. They own him which means they own you. The whole point of BEN is to enable Mohammed to sell tens of millions of shares at a huge profit to clear his debts that he transferred. He has no choice but to sell as the debts are in default. Everything including todays Sundayroast are aimed at that.

Lock-in ends in less than three weeks. Ever wondered why the smart money either has left or is leaving so the share price keeps dropping? I doubt it but you will never understand that.

I will however give you a clue. In the podcast Adam stated that there were four trains in August and he was hoping for four in September though only two had arrived so far. Check the 30/8/22 RNS. It says six trains April to August. That means three in August and only because there were none in July. He makes it seem that there are all these trains arriving but it is simply not the case. Which is why he is not RNSing it. That is my gift to you.

[purchaseatthetop] 23/9/2022 15:17

Somebody approved seagreens post? Surely they would have died of old age reading it?

Mr 10,000 is back selling. That is Blue Star. Going to drop.

Update…and drop it did. By the way, another Sundayroast podcast by Adam. Loved the fact that he said he was over enthusiastic about the timing of the permit. I call that incompetent. Or he lied. Neither good. Also loved his claim to be transparent with investors. Strange he did not mention the fact that he had paid himself $1.4m in five months.

[hazelst] 23/9/2022 15:11

You can never trust a charity thief!

[purchaseatthetop] 23/9/2022 12:41

And the RNS about 40k tons? See. Just six words. Try it.

[purchaseatthetop] 23/9/2022 11:05

Seagreen. Are we changing the subject because we no longer like talking about production levels? I think so.

[seagreen] 23/9/2022 10:39

Last two RNS state continual use of contractors crushing your lie about staffing issues.

[purchaseatthetop] 23/9/2022 10:34

So. No RNS then. Just Seagreen knowing everything.

Now…if they were actually mining 40k tons a month where are they going to put it? We know the stockpiling limit is 50k tons, and that they had maybe 30k tons stockpiled end of August with the trains going, if they have produced. Another 40k tons and sent 22k by rail, they have 48k tons end of September. If they produce another 40k tons in October and despatch another 22k tons, then they have 66k tons to stockpile.

You see..we know there are only two trains a month because Adam told us so they cannot be producing more than 22k tons as they cannot stockpile it.

By the way, I own the Statue of Liberty. Do you want to buy it?

[purchaseatthetop] 23/9/2022 10:16

Please tell me which RNS says 40k tons clean are being produced? Thanks in advance. Remember that Sundayroast interviews do not count. Only RNSs.

[seagreen] 23/9/2022 10:04

BB just correcting lies production stated as circa 40k a month from one HWM in public and recorded.

[purchaseatthetop] 23/9/2022 09:58

Seagreen. You are so funny. Read the RNSs.

25/7/22 RNS. The companies estimates output from April to End July is estimated to be 80,000 clean tons. Actually that was from 10/3/22 not beginning of April. So 80,000 tons in 4.5 months is 17k tons a month. Since then no confirmed figures but they are still doing two shifts with one HWM like they were to July 22 so I can see no reason for any increase.

They have RNSd the aim or intention to produce 40k tons a month clean coal but I refer you to every other aim that they have failed to deliver.

Glad to help.

[bennyboy1975] 23/9/2022 09:56

s it really that hard to ignore Patt, I’m Not surprised he keeps posting so much rubbish as most of you give him attention. Do you not have or had kids, ignore them they say. Wow
Eventually he will stop seagreen as he won’t get any attention (as I said childlike). Why would any numbskull spend time listening to podcasts on a share they don’t believe in unless they are interested in it trying to make money from shorting it.

[seagreen] 23/9/2022 09:50

Currently producing circa 40k a monthSTOP LYINGYou pathetic little creature move on and grow up

[purchaseatthetop] 22/9/2022 21:15

6/6/22 RNS “the company is targeting to reach full production using both Highwall miners by end of summer 2022”

22/9/22 RNS “this will enable the company to steadily increase its monthly production of metallurgical coal from present levels as it seeks to achieve its monthly production targets”.

Three and a half months later, instead of the 80k tons from two HWMers it is “seeking”; to raise output from the pathetic current levels of just less than 17k tons a month.

FFS.

Update. I do not write BENs RNSs. The BoD do. I simply read them and post them here so you can see what piffle they are. RNSs are a story. You must read every chapter.

[bennyboy1975] 22/9/2022 16:08

Is it really that hard to ignore Patt, I’m Not surprised he keeps posting so much rubbish as most of you give him attention. Do you not have or had kids, ignore them they say. Wow

[purchaseatthetop] 22/9/2022 16:05

The question you need to ask yourselves now is What is the plan? Who will mine the coal? Do the company have the cash to mine? That RNS today was as welcome as the 27/6/22 update on HWMers RNS that triggered the share price crash. It shows the lack of both competence and strategy. The RNS was so bland and empty that clearly there is a void at the heart of the operation. The chilling thing is that Blue Star have 14m shares to sell, the lock-in ends in a couple of weeks, and there is no buying strength to sell into for them or the concert party.

What is the plan? You should know it right now.