Bens Creek Share Discussion Threads

[amaretto1] 07/11/2022 17:47

Atlantic Coal part two !

[divmad] 07/11/2022 17:13

The happy patient investor was he who rode up the share price last year from IPO time or shortly thereafter, under 20p with no problem about volume, all the way to 100p+ earlier this year, and then sold out without getting too greedy. Now the technical picture looks pretty dire, with many disillusioned buyers higher up disgorging reluctantly. Any decent news RNS will be sold into. PATT has been spot on about the unfolding selling from the promotional group, compounded by the under delivery on the operating side. Today's RNS is a wordy diarrhea excuse for good news, devoid of hard data and with promises of better times just ahead. Not for me anymore. Long gone and very happy with my booty from the market on this one.

[jarega85] 07/11/2022 17:10

All that superb news and it closes flat....

[sirmark] 07/11/2022 16:08

Added today :) I see profit here ! Gl longs

[purchaseatthetop] 07/11/2022 14:48

He has not been able to sell as the soft lock-in prevents him crashing the share price. That must be very frustrating as the value is seeping away. The shares are now secured against the Bluestar loan and they can sell if they want to. But they need volume and belief and right now there is none.

[stocky50] 07/11/2022 14:45

Ianio .... I would suspect its because he has not been selling ! Unless you know otherwise ??

[papillon] 07/11/2022 12:30

A bullish RNS issued today, yet to be reflected in the BEN Ichimoku chart, which remains bearish. Be interesting to see if that chart starts to turn bullish again.

[sirmark] 07/11/2022 12:03

Only one mm left on the offer 25p all the others 26p+ Will pickup as the day and the week gets on.Strong buy from me and topped up twice last week. Plenty of people here like the sound of their own voices, for me I'm a patient Investor and look forward to next year and an share price in triple digits again.

[allotment] 07/11/2022 11:19

Oh dear oh dear Ianio5691 anyone would think you were talking your own trading book did your T20's run out of time.....





Ianio5691
7 Nov '22 - 10:33 - 7800 of 7800
0 0 0
Iqbal continuing to offload it would seem....
Why no TR1's?



Ianio5691 - 21 Oct 2022 - 16:03:13 - 7543 of 7801 BENS CREEK BARGAIN OF THE CENTURY, Highly Profitable - BEN
So the much lauded ‘sell off’ did not materialise.

How many were convinced to sell on the back of this relentless fabrication spouted by our resident disingenuous troll?

Time lines appear to be slipping again, but with so many positive developments on the horizon, hopefully the share price can now start to recover to a more justifiable level

[ianio5691] 07/11/2022 10:33

Iqbal continuing to offload it would seem....
Why no TR1's?

[sogoesit] 07/11/2022 10:12

Come on guys... get grip...;-))

The coal seam thickness on the new permit is a whole 32% thicker than the old one.
I wonder why they didn't use percentages?
;-)

[mindminer] 07/11/2022 09:46

Oh dear. Goal posts changed again. The only way this is going is down.

[hamidahamida] 07/11/2022 09:16

Todays RNS tone has changed drastically from May no 40k Ton production this year Get ready for more cheap dilution Another discounted placing coming SOON

[kcowe] 07/11/2022 08:29

Just like Enet .. no different there .

[purchaseatthetop] 07/11/2022 08:22

So….no second shift until 7/11/22. That was not what the May RNS said. As usual it is all in the future and uncertain.

[sirmark] 07/11/2022 08:13

Great RNS onwards and upwards back to 40p+ imo

[stocky50] 07/11/2022 07:54

Patt - Have tried to explain this to you before - but you are not listening ! Euston one and other SPV held assets are NOT collateralised by the GROUP. This does not affect the Group debt position. Also note: The planning is currently under an appeal process - so who knows what the decision will be - and what it will be worth after that. You need to stick to BC on this board.


Terminator ... Todays message was: mining 2,500 x0.62 / day of clean equivalent. On a double shift = 3,100. Assume mining only 20 days = 62,000 / month. Add in the underground mining and they will get to 80k target / month with just the 1 HWM they currently have. With 2 HWM'ers they "should" blow the lights out.

Re current results and Sep results - Again i keep saying this and again, but this is a NEW mining operation which has not stabilised production. YET they have generated 10's of millions in revenue in the first 12 months (AS A START UP!).

Todays mrkt cap is NOT just based on production to-date and the performance DURING a repair / ramp-up period. It is based on 'what the company will be once it's production has stabalised'. And on that metric - it is undervalued.

And to top it all up - Global Met coal prices are on the increase.

[terminator101] 07/11/2022 07:15

Nice to see then trotting out a long list of excuses for their pathetic progress to date. No doubt the rampers will lap it up as there are plenty of dangling 🥕 Quite how this loss making lifestyle pish is worth £88 million is a total mystery.

[seagreen] 06/11/2022 23:59

Delicious irony that the seagulls are flying higher than CFC. Sleep well.