Bens Creek Share Discussion Threads

[seagreen] 20/1/2023 01:05

You really need psychiatric help.

Which analyst did you e mail?

I would be very surprised if a senior analyst would admitt to an error to a complete nutter on e mail.

Perhaps you can share the e mail with your adoring public (sic)?

We all await a copy of the email with bated breath....that will stop me having to ring my mates.

[purchaseatthetop] 19/1/2023 21:54

Emailed with the analyst actually. Nice chap. Only person lieing to you has been Adam. Once again, check every podcast for his mining statements. 8 mins 5 sec in on the 22/7/22 Sunday Roast he clearly states that they are mining 40k tons clean. Every other podcast he states 30 to 40k tons clean. We know it was 17k average all that time. Why do you get so angry when I point out these lies?

[purchaseatthetop] 19/1/2023 14:53

Just my view but that opaque RNS is being used to gradually dump on the market. If you look at LSE Penstocks is being their useful idiot posting about the massive profits already being earned. No RNS has stated actual tons mined or sold since 30/9/22.

[purchaseatthetop] 18/1/2023 18:23

Humble pie?

[purchaseatthetop] 18/1/2023 15:02

Grow up Seagreen. The only thing consistent about your forecasts here are that they are all massively incorrect. The analyst simply calculated what he was paid to calculate. We all know that this analysis should be disregarded. That is my only point and is well made.

[purchaseatthetop] 18/1/2023 14:45

Actually the analyst admitted that he had got it wrong. I was in contact with him. See that was easy.

[ianio5691] 18/1/2023 13:07

As PATT as highlighted, its virtually impossible to fill ONE train via trucks!
80 mile round trip on mountainous roads would mean 1, max 2 trips per day per truck?
What size are the trucks? Max 40 tons Gross? - Payload of 26 tons?
How many trucks are running the shuttle?
How many days per month?

Sorry Penstock - The figures just don't add up!

Still invested here unfortunately - but struggling to believe a word Adam says.

[purchaseatthetop] 18/1/2023 12:33

Penstocks. I am not aware of any trucks! None have been RNSd. If a truck can take 20 tons then it is 550 round trips. With the time for loading, waiting, driving, unloading, return etc it could take hours each trip. Plus there is a huge truck driver and truck shortage in the USA. I just don’t believe it.
Not good for the ESG rating as well!
Have you checked the 22/7/22 podcast?

[purchaseatthetop] 18/1/2023 11:42

Or it could still just be two trains a month as it has been since June despite Adam promising more several times because that was all the offtake contract with Integrity said and any more trains will have to come from other mines. Plus do you have any idea how many trucks you need to replace a full train with 11k tons?

[penstocks] 18/1/2023 11:23

or it could be 2xNS trains and 2xCSX trains. Either way, it is an extra 22KT of coal sales each month. Market clearly hasn't listed to the podcast yet. Nice to hear all in the podcast sticking to current timelines and realistic figures. The Midweek roast was quite good this morning with just the right amount of gravy. Looking forward to BEN getting a social media account set up so we can see what is happening too. Maybe a twitter account to post up public access (not exclusive Telegram) photos and videos like CGO do.

[purchaseatthetop] 18/1/2023 11:23

17/7/22 Sunday Roast podcast at 8 minutes 5 seconds Adam stated that in July 22 they were producing at 40k clean coal a month.
Accounts to 30/9/22 showed that actually the average for the six months to 30/9/22 was 17k tons clean coal a month and never exceeded 21k tons in any month.
I would not believe a word said in any podcast by Adam.
Go and check what I have posted here. I noted it down at the time.
Good luck all. Just never believe a word Adam says. Only RNSs count and those need Kremlinology.

[penstocks] 18/1/2023 11:13

Adam has confirmed via today's podcast that 4 trains have been booked this month and again confirmed that trucks are hauling coal off to fill CSX trains like I have been telling you. OK it isn't in writing or RNS, but it matches my own research so feel free to claim it as fake news like you usually do ;).

To keep a balanced view I'll say that some people are assuming from the podcast that we are shipping 5 trains (4xNS + 1xCSX) a month but Adam did not say the CSX trains were in addition to the 4 booked trains. With a production of 44KT a month I would suggest a total of 4 trains, each hauling 11KT, 3xNS & 1xCSX. However I will be happy to be proved wrong if we have upped production to sell 5 trains already.

I'll have to listen to the podcast again or just wait for the RNS at the end of the month, but I don't think there was much mention of the 2nd HWM as it is still arriving as planned ready to be assembled and start mining next month. That is the 77HWM I have been talking about for months that you were saying Mega didn't have because you couldn't see a photo of it on their website.

So more trains; about to increase production when Mega get that 77 unit mining next month; just need to clear first year's debt, get into positive profits (increase in HiVolB prices will help that) and craic on into full production. Dividends in summer? Doubtful. December? Yes, maybe announced as a split December:March? Hope you realise that even for you, 26.5p has to be worth a punt even if it takes a couple of months to double bag. You can always start trashing the stock again once you've sold out or on the dividend announcement day, lol.

[ianio5691] 18/1/2023 11:03

Downtrend still in place.
Bumped its head on the top of the channel at 28p then 26p.
Need confirmation that the 77HWM is now on site and being assembled.
We then need trains...that may be the bigger hurdle!

[arab3] 17/1/2023 19:08

can you hum it and i'll play it

[purchaseatthetop] 17/1/2023 18:16

The cure “killing an Arab”. Good song.

[purchaseatthetop] 17/1/2023 18:12

Papillon. If you want to post about ENET can I suggest you post there with respect? This is BEN.

[papillon] 17/1/2023 17:52

If ENET is such a good prospect, purchaseatthetop, why is the placing at such a large percentage discount to yesterday's closing price? Not a good sign.

PS I had a tiny punt on ENET over a week ago, but sold them a few days later for a small loss. Why? I knew nothing about the company, or it's product and most importantly I have no interest in either.