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..just brought her average down with a cheeky 34.5p top up this morning. 58p average now which just needs a 2nd permitted HWM to double production before Christmas to put her in decent profit. Her first buy was 99p when I was led to believe we were at the stage we are now. Just sit and wait now. £1.50 by Christmas or Easter, matters not. No rush now, 4th August train on it's way and more to come whenever Adam tells Integrity there is another 11KT to collect (currently that is every week at 40KT HVB + 5-10KT HVA). Tbh I can't recall if we are adding 10KT HVA ROM or washed each month but either way we have >enough for 4 trains each month.
Had mum not topped up on the slide down I'd be more embarrassed than I am already. No longer worried, and I was. Nothing wrong with BEN other than permit delays (not Ben's fault) and a few rampy PR EBITDA predictions that were 6 months premature. Well done to those whom sliced or even chashed out at £1 and came back at this mad March price to do it all over again. Just need DEP to issue the permit now. Rumour is that the 2nd leased HWM is already onsite but I would have thought that would be in an RNS so might be BS. It would make sense to have the rig onsite, assembled & ready to start mining on day of permit approval so hopefully we get that official update.
Never trust "cheeky top ups" and "it was rude not to" . I feel sorry for Penstock's mum who can never have signed up to riding a rollercoaster! And that's assuming BEN hits previous highs which I'm hoping it will. And Penstock should never stop worrying about lumbering a relative with his recommendation! How about some diversification? If BEN 's SP is still around 35p 6 months from now then Penstock's mum might be doing well if everything else has plunged 50%. The excrement has still to hit the fan of the FTSE 100 yet I remain cautiously confident. A bit like slightly pregnant?
Geeze beardozer, 25% of your PF in BEN and you think we will be 35p still in 6 months, lol. Wouldn't you be better off taking your own advise and sticking it into something else if you think we won't go over 58p by Christmas let alone in 6 months?
I made an error in believing the PR back in March that we would be selling 80KT washed coal the next month. I must have misunderstood the hype 5 months ago as that level of output isn't likely to happen until November/December. So 6 months delay in my books. We are in no rush. We do £1 this year or next, es macht nichts.
Save your insincere sorrow. You don't know me or my family. We paid our spare cash to join the rollercoaster which climbed quite high in a short space of time. Many experienced passengers got out at the top. But it is fun so we stayed and held on as it dropped just as quick. Some people are joining us at 35p waiting for the permit that will release the brakes to ride back up. If you can't afford to loose then don't gamble with shares. Are you selling your PF because we are in recession for 15months? That is your choice. Coal of all types is going to still be in demand. Check the metcoal price next month. I joke about Christmas dinner but it is just light hearted non offensive banter. Every day is like watching a very long horse race where mum and I shout "Come on Ben! " and "go fk yourself to the derampers". Mum has such a potty mouth, lol
Penstock - genau richtig! This time next year ..........
Calm down, penstock! My sorrow is far from insincere having foolishly advised relatives in the past - it NEVER ends well.
And I warned you months ago because if you fail you'll never hear the last of it and if you're successful they'll expect a repeat performance ad infinitum. I remain invested in BEN because of the fundamentals but it's worrying that the SP isn't over 50p by now assuming the future is so bright. And you never addressed Diversification - BEN can't be the only share guaranteed to enrich your mum! If you're a mono-investor you're asking for trouble! Denken Sie noch einmal darüber nach!