This company is no longer activeThe company may no longer be operating, as it may be out of business. Find out why through their latest events.See Latest EventsBens Creek Group (6RX) 주식 개요벤스크릭 그룹은 북미에서 세척된 야금 석탄의 추출 및 생산에 종사하는 회사입니다. 자세히 보기6RX 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성0/6배당0/6강점지난 1년간 수익이 102.5% 증가했습니다.위험 분석cash runway 경력이 1년 미만입니다.지난 3개월 동안 주가 변동성이 German 시장과 비교했을 때 매우 높았습니다.의미 있는 시가총액이 없습니다(€827K)모든 위험 점검 보기6RX Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€0.000599.7% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-26m48m2016201920222025202620282031Revenue US$48.3mEarnings US$6.4mAdvancedSet Fair ValueView all narrativesBens Creek Group Plc 경쟁사OTI GreentechSymbol: DUSE:NSAKMarket cap: €311.5kByotrolSymbol: DB:B7YMarket cap: €226.9kS.C. Metalul MesaSymbol: BVB:MESAMarket cap: RON 6.2mMahalaxmi SeamlessSymbol: BSE:513460Market cap: ₹37.5m가격 이력 및 성과Bens Creek Group 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가UK£0.000552주 최고가UK£0.1852주 최저가UK£0.0005베타-0.331개월 변동0%3개월 변동0%1년 변동-99.60%3년 변동n/a5년 변동n/aIPO 이후 변동-99.68%최근 뉴스 및 업데이트공시 • Apr 24Bens Creek Group plc Receives a Notice from MBU Capital Group LimitedOn April 23, 2024, Bens Creek Group plc announced that it has received correspondence on 20 April 2024 from MBU Capital Group Limited ("MBU") requesting the Company to convene a general meeting of the Company's shareholders under section 303 of the Companies Act 2006. The Company intends to comply with its obligations under the Act and a circular convening the GM will be posted to the Company's shareholders in due course, and in any event no later than 13 May 2024. MBU's correspondence states that the general meeting is to be convened to allow the Company's shareholders to discuss the operational and strategic challenges facing the Company at present. The Company's board continues to believe that the Chapter 11 cases commenced in the United States of America Bankruptcy Court for the Southern District of West Virginia in relation to its wholly-owned US subsidiaries, Ben's Creek Operations WV LLC, Ben's Creek Carbon LLC, and Ben's Creek Land WV LLC, are in the best interests of the Group.New Risk • Mar 26New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.16m (US$8.83m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$17m free cash flow). Share price has been highly volatile over the past 3 months (48% average weekly change). Market cap is less than US$10m (€8.16m market cap, or US$8.83m).공시 • Feb 09+ 1 more updateBens Creek Group plc Announces Adam Wilson Intents to Stand Down from the Position as Chief Executive OfficerBens Creek Group plc announced the intention for Adam Wilson to stand down from the position as Chief Executive Officer of the Company, once a replacement CEO has been appointed. A process to appoint a successor has commenced.Reported Earnings • Jan 02First half 2024 earnings released: US$0.036 loss per share (vs US$0.031 loss in 1H 2023)First half 2024 results: US$0.036 loss per share. Revenue: US$23.5m (down 5.1% from 1H 2023). Net loss: US$13.1m (loss narrowed 1.3% from 1H 2023).공시 • Oct 28Bens Creek Group Plc, Annual General Meeting, Oct 27, 2023Bens Creek Group Plc, Annual General Meeting, Oct 27, 2023. Agenda: To consider and receive the Annual Report and Accounts; to consider Re-Appointment of Mark Cooper as a Director; to consider Re-Appointment of Rajesh Johar as a Director; to consider Re-appointment of PKF Littlejohn LLP as Auditors; to consider Allotment of share capital; and to transact such other business matters.New Risk • Oct 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$23m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$23m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Market cap is less than US$100m (€69.2m market cap, or US$73.1m).더 많은 업데이트 보기Recent updates공시 • Apr 24Bens Creek Group plc Receives a Notice from MBU Capital Group LimitedOn April 23, 2024, Bens Creek Group plc announced that it has received correspondence on 20 April 2024 from MBU Capital Group Limited ("MBU") requesting the Company to convene a general meeting of the Company's shareholders under section 303 of the Companies Act 2006. The Company intends to comply with its obligations under the Act and a circular convening the GM will be posted to the Company's shareholders in due course, and in any event no later than 13 May 2024. MBU's correspondence states that the general meeting is to be convened to allow the Company's shareholders to discuss the operational and strategic challenges facing the Company at present. The Company's board continues to believe that the Chapter 11 cases commenced in the United States of America Bankruptcy Court for the Southern District of West Virginia in relation to its wholly-owned US subsidiaries, Ben's Creek Operations WV LLC, Ben's Creek Carbon LLC, and Ben's Creek Land WV LLC, are in the best interests of the Group.New Risk • Mar 26New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.16m (US$8.83m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$17m free cash flow). Share price has been highly volatile over the past 3 months (48% average weekly change). Market cap is less than US$10m (€8.16m market cap, or US$8.83m).공시 • Feb 09+ 1 more updateBens Creek Group plc Announces Adam Wilson Intents to Stand Down from the Position as Chief Executive OfficerBens Creek Group plc announced the intention for Adam Wilson to stand down from the position as Chief Executive Officer of the Company, once a replacement CEO has been appointed. A process to appoint a successor has commenced.Reported Earnings • Jan 02First half 2024 earnings released: US$0.036 loss per share (vs US$0.031 loss in 1H 2023)First half 2024 results: US$0.036 loss per share. Revenue: US$23.5m (down 5.1% from 1H 2023). Net loss: US$13.1m (loss narrowed 1.3% from 1H 2023).공시 • Oct 28Bens Creek Group Plc, Annual General Meeting, Oct 27, 2023Bens Creek Group Plc, Annual General Meeting, Oct 27, 2023. Agenda: To consider and receive the Annual Report and Accounts; to consider Re-Appointment of Mark Cooper as a Director; to consider Re-Appointment of Rajesh Johar as a Director; to consider Re-appointment of PKF Littlejohn LLP as Auditors; to consider Allotment of share capital; and to transact such other business matters.New Risk • Oct 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$23m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$23m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Market cap is less than US$100m (€69.2m market cap, or US$73.1m).공시 • Sep 14+ 1 more updateBens Creek Group Plc to Report Fiscal Year 2023 Results on Sep 27, 2023Bens Creek Group Plc announced that they will report fiscal year 2023 results on Sep 27, 2023공시 • Jul 27Bens Creek Group plc Appoints Rajesh Johar as Non-Executive DirectorBens Creek Group plc (AIM:BEN), the owner of a metallurgical coal mine in North America supplying the steel industry, announced that Rajesh Johar has joined the board of Bens Creek as a Non-Executive Director.Rajesh is a co-founder and current shareholder of Avani. He leads acquisitions and business development at Avani. Prior to founding Avani, Rajesh was the head of the commodities trade & agriculture team at Standard Chartered Bank's transaction banking division in Singapore. At Standard Chartered, Rajesh gained experience in the trading and financing of commodity businesses. Rajesh was also a vice president in the structured finance division at Credit Suisse in India. He has also had roles at Tata Steel Limitedand Cargill Inc. Rajesh is a trained engineer, having graduated from the Indian Institute of Technology, Kharagpur with a degree in mining engineering. He also has apost-graduate diploma in business management from the Indian Institute of Management, Bangaluru.공시 • May 06Bens Creek Group plc Provides Highwall Miner UpdateBens Creek Group plc confirmed that, further to the Company's announcement of 23 March 2023, a second highwall miner ("HWM") has arrived, been assembled and has commenced operating. HWM unit no 77 started arriving disassembled at the Company's site approximately 8 weeks ago. Initially there were issues with the infrastructure arriving in a timely manner and even once finally assembled, HWM 77's software and associated electronics were unable meet a satisfactory condition to begin operations. Despite strenuous efforts by Mega Highwall Mining LLC ("Mega HWM"), the Company's highwall mining contractor, it proved impossible to complete the necessary work as certain electrical components proved to be unobtainable. As such, following consultation between Mega HWM and Bens Creek, it was agreed that a replacement highwall miner was the only alternative. Mega HWM quickly identified another available highwall miner, unit 81, which they moved to the Company's site on 1 May 2023. The machine was assembled and tested by 4 May 2023 and will be fully operational today.Board Change • Mar 31High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CEO & Director Adam Wilson is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.공시 • Nov 07Bens Creek Group plc Announces Mining UpdateBens Creek Group plc announced that preliminary production from the new permit area has been encouraging following commencement of mining on this area at the end of October 2022. The Company was able to produce 2,500 tons of run of mine coal in a single day with a higher clean coal recovery of 62%. Furthermore, the Company can confirm that initial analysis suggests that the coal seam being mined under the new permit is approximately 50 inches which is greater than the coal seam on the Company's original permitted site, which had a coal seam thickness of 38 inches. To accommodate the additional capacity of future production on the new permit area and to attain the optimum recovery levels, Ben's Creek has started to reduce cost and manpower by accelerating the process plant facility upgrades. This will be achieved by the Company modifying the truck dump belt infrastructure and through the integration of an additional dryer into the existing processing plant, which is expected to provide elevated coal recovery and raw throughput capacity of the processing plant facility. As of 7 November 2022, the Company has introduced a second shift on its first highwall miner which will allow the Company to double daily production. The Company can also confirm that the creation of the required benches to support the second highwall miner are progressing quickly. As such the Company will soon be requesting the second highwall miner. The Company has previously stated, in the mine plan agreement with Mega Highwall Mining LLC, that it will then be ready for further production by the end of December 2022. Once the second highwall miner is fully mobilised and operational, the Company intends to introduce a two-shift production schedule on this highwall miner as well. The Company is still reviewing its options with regards to its own highwall miner and it has recently received offers in excess of the purchase price which are currently under consideration.공시 • Oct 26Bens Creek Group plc Announces Commencement of Mining on New Permit AreaBens Creek Group Plc announced that following the recent permit approval announced on 22 September 2022, the Company can confirm that the creation of the required bench to support and position the highwall miner is now complete and the highwall miner has been moved into position on the new permitted area. The Company can also confirm the commencement of mining on the new permitted area. Additionally, the Group has arranged for the delivery and positioning of its second highwall miner from Mega Highwall mining following the exercise of the Group's option as announced on 27 June 2022, and with whom the company is continuing its annual revolving contract. The Group has also commenced the preparation of the bench to support the position of the second highwall miner which will also be utilised within the newly permitted area.공시 • Sep 28Raju Haldankar Ceased to Be an Executive Director of Bens Creek with Immediate EffectThe Company also announces that, further to the announcements released by the Company on 6 May 2022 and 12 July 2022, Raju Haldankar has ceased to be an executive director of Bens Creek with immediate effect following conclusion of the Annual General Meeting. This also follows the completion of the orderly transition of his prior responsibilities as Chief Financial Officer to Murat Erden (the current Chief Financial Officer). Murat Erden continues to be a member of Bens Creek's senior management team and, in addition to his role as Chief Financial Officer, is responsible for the development and implementation of the Company's ESG and sustainability strategy.공시 • Sep 02Bens Creek Group Plc, Annual General Meeting, Sep 27, 2022Bens Creek Group Plc, Annual General Meeting, Sep 27, 2022, at 11:00 Coordinated Universal Time. Location: 53 Davies Street London United Kingdom공시 • Jul 12Bens Creek Group plc Appoints Murat Erden as Chief Financial OfficerBens Creek Group plc announce that Murat Erden has, with effect from 12 July 2022, been appointed as the Company's Chief Financial Officer and joined the senior management team of Bens Creek. Murat will also be responsible for the development and implementation of the Company's ESG and Sustainability strategy. Murat is a highly accomplished CFO and Non-Executive Director with total industry experience of over 25 years and an extensive background in private equity, banking, technology and resources. Murat serves as an Independent Non-Executive Director and Chairman of ARCH EM Partners and has held this role since 2018, holding the Financial Conduct Authority (FCA) Senior Management Function role (SMF9) in the UK. ARCH EM Partners is authorised and regulated by the FCA and specialises in emerging markets advising on investment strategies focused on Resources, Logistics and Renewable Energy in global markets for rapid transition to low carbon, climate resilient and sustainable economies. Murat served as Group CFO of NYSE-listed Turkcell ("TKC"), a leading communication and information technologies company, which had operations in nine countries with over 69 million subscribers. TKC achieved a market capitalisation of over $10 billion during his tenure of 15 years until 2016. During his time at TKC, he served as a member of the Audit and Risk Committee and the Executive Committee. He accomplished the transformation and digitalisation of the group finance function whilst orchestrating multiple multi-billion dollar debt and capital markets facilities by ensuring TKC achieved investment grade ratings from three global rating agencies. Murat received his BA degree in Economics from Bogazici University. He graduated from San Diego State University with an MBA degree in Finance. Murat is an alumnus of the London Business School and the Wharton Executive Program. Murat is specialised in Responsible Investment with qualifications in Environmental & Social Sustainability Management of the European Investment Bank and in Sustainable Finance from Cambridge University. In addition, further to the Company's announcement of 6 May 2022, Raju Haldankar has ceased his responsibilities as Chief Financial Officer. Raju will continue to provide services to the Company and will continue as a director of the Company to provide a smooth transition of responsibilities to Murat Erden as the new Chief Financial Officer. Following the appointment of Murat Erden as Chief Financial Officer the board of Bens Creek remains unchanged and comprises Adam Wilson (Chief Executive Officer), Raju Haldankar (Executive Director), Robin Fryer (Non-Executive Chairman) and David Harris (Non-Executive Director).공시 • May 27Bens Creek Group plc Announces Commencement of Underground MiningBens Creek Group plc confirmed that the company has commenced underground mining for the production of High Vol A (HVA) coal. The current price was $468 per metric tonne.공시 • Dec 16Bens Creek Group Plc announced that it expects to receive $6 million in funding from Acam GP LimitedBens Creek Group Plc announced a private placement of unsecured convertible loan note agreement for gross proceeds of $6,000,000 on December 14, 2021. The transaction includes participation from new investor, Acam GP Limited. The notes have a term of two years and carry interest at a rate of 15% per annum which is payable monthly in arrears commencing on January 31, 2022. The notes shall be issued by the company in multiples of $500,000. The Notes shall be convertible into new ordinary shares of the company at a price of £0.28 ($0.37076) per share. The company may offer to redeem any notes not converted at 125% of par in cash. To the extent the convertible loan notes are not repaid, redeemed or converted on December 31, 2022, 50% of the balance of the notes shall be redeemed at the principal amounts plus accrued interest in cash and the remainder shall be redeemed on December 31, 2023. The company will receive funds within five business days following the date of the signing of the convertible loan note agreement.공시 • Dec 02Bens Creek Group Plc Provides Update on Initial ProductionBens Creek Group plc announced the recovery of first metallurgical coal deposits from its Bens Creek site in West Virginia, USA. This milestone in the Group's production plan follows the delivery, assembly and start-up of the highwall miner. The single highwall miner and related highwall mining equipment was supplied to the Group by Mega Highwall Mining LLC pursuant to the contract mining services agreement that has been entered into between MHW and the Group, details of which were announced by Bens Creek on 29 October 2021.주주 수익률6RXDE Metals and MiningDE 시장7D0%0.05%3.2%1Y-99.6%84.0%2.5%전체 주주 수익률 보기수익률 대 산업: 6RX은 지난 1년 동안 84%의 수익을 기록한 German Metals and Mining 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 6RX은 지난 1년 동안 2.5%를 기록한 German 시장보다 저조한 성과를 냈습니다.주가 변동성Is 6RX's price volatile compared to industry and market?6RX volatility6RX Average Weekly Movement32.4%Metals and Mining Industry Average Movement10.5%Market Average Movement6.1%10% most volatile stocks in DE Market13.6%10% least volatile stocks in DE Market2.7%안정적인 주가: 6RX의 주가는 지난 3개월 동안 German 시장보다 변동성이 컸습니다.시간에 따른 변동성: 6RX의 주간 변동성(32%)은 지난 1년 동안 안정적이었지만 German 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트202139Adam Wilsonwww.benscreek.com벤스크릭 그룹은 북미에서 세척 야금 석탄의 추출 및 생산에 종사하는 회사입니다. 미국 웨스트버지니아에 위치한 벤스 크릭 광산 프로젝트를 소유하고 있습니다. 이 회사는 2021년에 설립되었으며 영국 런던에 본사를 두고 있습니다.더 보기Bens Creek Group Plc 기초 지표 요약Bens Creek Group의 순이익과 매출은 시가총액과 어떻게 비교됩니까?6RX 기초 통계시가총액€827.23k순이익 (TTM)-€24.57m매출 (TTM)€44.99m0.0x주가매출비율(P/S)0.0x주가수익비율(P/E)6RX는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표6RX 손익계산서 (TTM)매출US$48.31m매출원가US$49.32m총이익-US$1.01m기타 비용US$25.38m순이익-US$26.38m최근 보고된 실적Sep 30, 2023다음 실적 발표일해당 없음주당순이익(EPS)-0.066총이익률-2.09%순이익률-54.61%부채/자본 비율312.7%6RX의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/06/25 22:43종가2024/05/16 00:00수익2023/09/30연간 수익2023/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Bens Creek Group Plc는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공시 • Apr 24Bens Creek Group plc Receives a Notice from MBU Capital Group LimitedOn April 23, 2024, Bens Creek Group plc announced that it has received correspondence on 20 April 2024 from MBU Capital Group Limited ("MBU") requesting the Company to convene a general meeting of the Company's shareholders under section 303 of the Companies Act 2006. The Company intends to comply with its obligations under the Act and a circular convening the GM will be posted to the Company's shareholders in due course, and in any event no later than 13 May 2024. MBU's correspondence states that the general meeting is to be convened to allow the Company's shareholders to discuss the operational and strategic challenges facing the Company at present. The Company's board continues to believe that the Chapter 11 cases commenced in the United States of America Bankruptcy Court for the Southern District of West Virginia in relation to its wholly-owned US subsidiaries, Ben's Creek Operations WV LLC, Ben's Creek Carbon LLC, and Ben's Creek Land WV LLC, are in the best interests of the Group.
New Risk • Mar 26New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.16m (US$8.83m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$17m free cash flow). Share price has been highly volatile over the past 3 months (48% average weekly change). Market cap is less than US$10m (€8.16m market cap, or US$8.83m).
공시 • Feb 09+ 1 more updateBens Creek Group plc Announces Adam Wilson Intents to Stand Down from the Position as Chief Executive OfficerBens Creek Group plc announced the intention for Adam Wilson to stand down from the position as Chief Executive Officer of the Company, once a replacement CEO has been appointed. A process to appoint a successor has commenced.
Reported Earnings • Jan 02First half 2024 earnings released: US$0.036 loss per share (vs US$0.031 loss in 1H 2023)First half 2024 results: US$0.036 loss per share. Revenue: US$23.5m (down 5.1% from 1H 2023). Net loss: US$13.1m (loss narrowed 1.3% from 1H 2023).
공시 • Oct 28Bens Creek Group Plc, Annual General Meeting, Oct 27, 2023Bens Creek Group Plc, Annual General Meeting, Oct 27, 2023. Agenda: To consider and receive the Annual Report and Accounts; to consider Re-Appointment of Mark Cooper as a Director; to consider Re-Appointment of Rajesh Johar as a Director; to consider Re-appointment of PKF Littlejohn LLP as Auditors; to consider Allotment of share capital; and to transact such other business matters.
New Risk • Oct 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$23m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$23m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Market cap is less than US$100m (€69.2m market cap, or US$73.1m).
공시 • Apr 24Bens Creek Group plc Receives a Notice from MBU Capital Group LimitedOn April 23, 2024, Bens Creek Group plc announced that it has received correspondence on 20 April 2024 from MBU Capital Group Limited ("MBU") requesting the Company to convene a general meeting of the Company's shareholders under section 303 of the Companies Act 2006. The Company intends to comply with its obligations under the Act and a circular convening the GM will be posted to the Company's shareholders in due course, and in any event no later than 13 May 2024. MBU's correspondence states that the general meeting is to be convened to allow the Company's shareholders to discuss the operational and strategic challenges facing the Company at present. The Company's board continues to believe that the Chapter 11 cases commenced in the United States of America Bankruptcy Court for the Southern District of West Virginia in relation to its wholly-owned US subsidiaries, Ben's Creek Operations WV LLC, Ben's Creek Carbon LLC, and Ben's Creek Land WV LLC, are in the best interests of the Group.
New Risk • Mar 26New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.16m (US$8.83m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$17m free cash flow). Share price has been highly volatile over the past 3 months (48% average weekly change). Market cap is less than US$10m (€8.16m market cap, or US$8.83m).
공시 • Feb 09+ 1 more updateBens Creek Group plc Announces Adam Wilson Intents to Stand Down from the Position as Chief Executive OfficerBens Creek Group plc announced the intention for Adam Wilson to stand down from the position as Chief Executive Officer of the Company, once a replacement CEO has been appointed. A process to appoint a successor has commenced.
Reported Earnings • Jan 02First half 2024 earnings released: US$0.036 loss per share (vs US$0.031 loss in 1H 2023)First half 2024 results: US$0.036 loss per share. Revenue: US$23.5m (down 5.1% from 1H 2023). Net loss: US$13.1m (loss narrowed 1.3% from 1H 2023).
공시 • Oct 28Bens Creek Group Plc, Annual General Meeting, Oct 27, 2023Bens Creek Group Plc, Annual General Meeting, Oct 27, 2023. Agenda: To consider and receive the Annual Report and Accounts; to consider Re-Appointment of Mark Cooper as a Director; to consider Re-Appointment of Rajesh Johar as a Director; to consider Re-appointment of PKF Littlejohn LLP as Auditors; to consider Allotment of share capital; and to transact such other business matters.
New Risk • Oct 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$23m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$23m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risks Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Market cap is less than US$100m (€69.2m market cap, or US$73.1m).
공시 • Sep 14+ 1 more updateBens Creek Group Plc to Report Fiscal Year 2023 Results on Sep 27, 2023Bens Creek Group Plc announced that they will report fiscal year 2023 results on Sep 27, 2023
공시 • Jul 27Bens Creek Group plc Appoints Rajesh Johar as Non-Executive DirectorBens Creek Group plc (AIM:BEN), the owner of a metallurgical coal mine in North America supplying the steel industry, announced that Rajesh Johar has joined the board of Bens Creek as a Non-Executive Director.Rajesh is a co-founder and current shareholder of Avani. He leads acquisitions and business development at Avani. Prior to founding Avani, Rajesh was the head of the commodities trade & agriculture team at Standard Chartered Bank's transaction banking division in Singapore. At Standard Chartered, Rajesh gained experience in the trading and financing of commodity businesses. Rajesh was also a vice president in the structured finance division at Credit Suisse in India. He has also had roles at Tata Steel Limitedand Cargill Inc. Rajesh is a trained engineer, having graduated from the Indian Institute of Technology, Kharagpur with a degree in mining engineering. He also has apost-graduate diploma in business management from the Indian Institute of Management, Bangaluru.
공시 • May 06Bens Creek Group plc Provides Highwall Miner UpdateBens Creek Group plc confirmed that, further to the Company's announcement of 23 March 2023, a second highwall miner ("HWM") has arrived, been assembled and has commenced operating. HWM unit no 77 started arriving disassembled at the Company's site approximately 8 weeks ago. Initially there were issues with the infrastructure arriving in a timely manner and even once finally assembled, HWM 77's software and associated electronics were unable meet a satisfactory condition to begin operations. Despite strenuous efforts by Mega Highwall Mining LLC ("Mega HWM"), the Company's highwall mining contractor, it proved impossible to complete the necessary work as certain electrical components proved to be unobtainable. As such, following consultation between Mega HWM and Bens Creek, it was agreed that a replacement highwall miner was the only alternative. Mega HWM quickly identified another available highwall miner, unit 81, which they moved to the Company's site on 1 May 2023. The machine was assembled and tested by 4 May 2023 and will be fully operational today.
Board Change • Mar 31High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. CEO & Director Adam Wilson is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
공시 • Nov 07Bens Creek Group plc Announces Mining UpdateBens Creek Group plc announced that preliminary production from the new permit area has been encouraging following commencement of mining on this area at the end of October 2022. The Company was able to produce 2,500 tons of run of mine coal in a single day with a higher clean coal recovery of 62%. Furthermore, the Company can confirm that initial analysis suggests that the coal seam being mined under the new permit is approximately 50 inches which is greater than the coal seam on the Company's original permitted site, which had a coal seam thickness of 38 inches. To accommodate the additional capacity of future production on the new permit area and to attain the optimum recovery levels, Ben's Creek has started to reduce cost and manpower by accelerating the process plant facility upgrades. This will be achieved by the Company modifying the truck dump belt infrastructure and through the integration of an additional dryer into the existing processing plant, which is expected to provide elevated coal recovery and raw throughput capacity of the processing plant facility. As of 7 November 2022, the Company has introduced a second shift on its first highwall miner which will allow the Company to double daily production. The Company can also confirm that the creation of the required benches to support the second highwall miner are progressing quickly. As such the Company will soon be requesting the second highwall miner. The Company has previously stated, in the mine plan agreement with Mega Highwall Mining LLC, that it will then be ready for further production by the end of December 2022. Once the second highwall miner is fully mobilised and operational, the Company intends to introduce a two-shift production schedule on this highwall miner as well. The Company is still reviewing its options with regards to its own highwall miner and it has recently received offers in excess of the purchase price which are currently under consideration.
공시 • Oct 26Bens Creek Group plc Announces Commencement of Mining on New Permit AreaBens Creek Group Plc announced that following the recent permit approval announced on 22 September 2022, the Company can confirm that the creation of the required bench to support and position the highwall miner is now complete and the highwall miner has been moved into position on the new permitted area. The Company can also confirm the commencement of mining on the new permitted area. Additionally, the Group has arranged for the delivery and positioning of its second highwall miner from Mega Highwall mining following the exercise of the Group's option as announced on 27 June 2022, and with whom the company is continuing its annual revolving contract. The Group has also commenced the preparation of the bench to support the position of the second highwall miner which will also be utilised within the newly permitted area.
공시 • Sep 28Raju Haldankar Ceased to Be an Executive Director of Bens Creek with Immediate EffectThe Company also announces that, further to the announcements released by the Company on 6 May 2022 and 12 July 2022, Raju Haldankar has ceased to be an executive director of Bens Creek with immediate effect following conclusion of the Annual General Meeting. This also follows the completion of the orderly transition of his prior responsibilities as Chief Financial Officer to Murat Erden (the current Chief Financial Officer). Murat Erden continues to be a member of Bens Creek's senior management team and, in addition to his role as Chief Financial Officer, is responsible for the development and implementation of the Company's ESG and sustainability strategy.
공시 • Sep 02Bens Creek Group Plc, Annual General Meeting, Sep 27, 2022Bens Creek Group Plc, Annual General Meeting, Sep 27, 2022, at 11:00 Coordinated Universal Time. Location: 53 Davies Street London United Kingdom
공시 • Jul 12Bens Creek Group plc Appoints Murat Erden as Chief Financial OfficerBens Creek Group plc announce that Murat Erden has, with effect from 12 July 2022, been appointed as the Company's Chief Financial Officer and joined the senior management team of Bens Creek. Murat will also be responsible for the development and implementation of the Company's ESG and Sustainability strategy. Murat is a highly accomplished CFO and Non-Executive Director with total industry experience of over 25 years and an extensive background in private equity, banking, technology and resources. Murat serves as an Independent Non-Executive Director and Chairman of ARCH EM Partners and has held this role since 2018, holding the Financial Conduct Authority (FCA) Senior Management Function role (SMF9) in the UK. ARCH EM Partners is authorised and regulated by the FCA and specialises in emerging markets advising on investment strategies focused on Resources, Logistics and Renewable Energy in global markets for rapid transition to low carbon, climate resilient and sustainable economies. Murat served as Group CFO of NYSE-listed Turkcell ("TKC"), a leading communication and information technologies company, which had operations in nine countries with over 69 million subscribers. TKC achieved a market capitalisation of over $10 billion during his tenure of 15 years until 2016. During his time at TKC, he served as a member of the Audit and Risk Committee and the Executive Committee. He accomplished the transformation and digitalisation of the group finance function whilst orchestrating multiple multi-billion dollar debt and capital markets facilities by ensuring TKC achieved investment grade ratings from three global rating agencies. Murat received his BA degree in Economics from Bogazici University. He graduated from San Diego State University with an MBA degree in Finance. Murat is an alumnus of the London Business School and the Wharton Executive Program. Murat is specialised in Responsible Investment with qualifications in Environmental & Social Sustainability Management of the European Investment Bank and in Sustainable Finance from Cambridge University. In addition, further to the Company's announcement of 6 May 2022, Raju Haldankar has ceased his responsibilities as Chief Financial Officer. Raju will continue to provide services to the Company and will continue as a director of the Company to provide a smooth transition of responsibilities to Murat Erden as the new Chief Financial Officer. Following the appointment of Murat Erden as Chief Financial Officer the board of Bens Creek remains unchanged and comprises Adam Wilson (Chief Executive Officer), Raju Haldankar (Executive Director), Robin Fryer (Non-Executive Chairman) and David Harris (Non-Executive Director).
공시 • May 27Bens Creek Group plc Announces Commencement of Underground MiningBens Creek Group plc confirmed that the company has commenced underground mining for the production of High Vol A (HVA) coal. The current price was $468 per metric tonne.
공시 • Dec 16Bens Creek Group Plc announced that it expects to receive $6 million in funding from Acam GP LimitedBens Creek Group Plc announced a private placement of unsecured convertible loan note agreement for gross proceeds of $6,000,000 on December 14, 2021. The transaction includes participation from new investor, Acam GP Limited. The notes have a term of two years and carry interest at a rate of 15% per annum which is payable monthly in arrears commencing on January 31, 2022. The notes shall be issued by the company in multiples of $500,000. The Notes shall be convertible into new ordinary shares of the company at a price of £0.28 ($0.37076) per share. The company may offer to redeem any notes not converted at 125% of par in cash. To the extent the convertible loan notes are not repaid, redeemed or converted on December 31, 2022, 50% of the balance of the notes shall be redeemed at the principal amounts plus accrued interest in cash and the remainder shall be redeemed on December 31, 2023. The company will receive funds within five business days following the date of the signing of the convertible loan note agreement.
공시 • Dec 02Bens Creek Group Plc Provides Update on Initial ProductionBens Creek Group plc announced the recovery of first metallurgical coal deposits from its Bens Creek site in West Virginia, USA. This milestone in the Group's production plan follows the delivery, assembly and start-up of the highwall miner. The single highwall miner and related highwall mining equipment was supplied to the Group by Mega Highwall Mining LLC pursuant to the contract mining services agreement that has been entered into between MHW and the Group, details of which were announced by Bens Creek on 29 October 2021.
