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Roast peanuts in a flat pan on low heat for about 10-12 minutes or until peanuts turn shiny and light golden brown. Keep stirring so as to not let the peanuts burn.
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Once peanuts have come to room temperature or slightly warm, put them in a mixer grinder (or food processor). The better the processing power of the machine, the creamier peanut butter you will get.
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Pulse a few times to get a crumbly texture.
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Then grind for approximately 1 to 2 minutes, scraping down the sides in between if required, until the peanut butter starts to come together and starts becoming creamier.
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Now add salt, cinnamon and honey (if using). Blend once to mix it all. You have your peanut butter at this stage which will not be very creamy but still a good consistency. Stop and empty out in a sterilized jar for storage.
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If you want a creamier peanut butter, proceed with this step. Add oil slowly in the blender while the blender is on. Once you feel it's sufficiently creamy, stop and empty out in a sterilized jar for storage.