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Member Info for Pdub


Send a private message to Pdub

Member Since: Tue, 17th Dec 2013

Number of Share Chat Posts (all time): 2,645
Number of Share Chat Posts (last 30 days): 329

Last Posted: Today 15:14


Post Distribution over the last 30 days




3 Jun '19

Roskill sees the structural deficit in Vanadium continuing.

"Consensus on the ground in China is that the enforcement of new rebar regulations (currently a tolerance period is ongoing) will ramp-up, albeit gradually, in 2019. This will increase China’s intensity of use of vanadium and drive strong growth in vanadium demand. As a result, Roskill expects the market to remain in deficit for some time. There can only be a limited short-term supply response as vanadium co-producers (which account for 70% of supply) are governed by iron and steel market dynamics. There is also limited upside potential from primary and secondary supply, save for Chinese coal stone (an important vanadium-bearing resource in China)."

https://roskill.com/news/vanadium-2019-set-to-be-interesting-year-for-the-market/
3 Jun '19

Comment from another Vanadium expert Robert Friedland. Seems to be exactly where BMN are positioning themselves through their vertically integrated vanadium platform:

"We think there’s a revolution coming in vanadium redox flow batteries,” he says. "You’ll have to get into the mining business and produce ultra-pure vanadium electrolyte for those batteries on a massive scale. We’re very deeply interested in how you store electrical energy in the grid. The beauty of the vanadium redox battery is that you can charge and discharge it at the same time, something that can’t be done with a lithium battery. With a vanadium redox flow battery, you can put solar power and wind power into the battery, and you can put excess grid power into the battery at night, and at the same time you can have a stable output into the grid."
3 Jun '19

I defy any intelligent person with an interest in Vanadium to study the presentation below and not respect the knowledge and experience of Terry Perles with regard to this commodity.

http://www.spartonres.ca/wp-content/uploads/2019/03/Presentation-Terry-10-Ex-China-Vanadium-Market.pdf
3 Jun '19

The beauty of having $42 million in cash at end 2018 and no debt is that it allows the company to go a long way towards funding the purchase of Vanchem using internal resources.

Of course extra profit from Q1 and post quarter period will further add to the cash stash.

Unlike many AIM companies BMN doesn't need to dilute into oblivion due to the huge profits from Vametco. Add Vanchem and rising V price into the mix and things get even better.

Just my opinion.
3 Jun '19

Thanks for the heads up Ophidian. Can't make it but hope you all have a great night.

Regards. Pdub
3 Jun '19

I think Mr Ainsworth may have to come to our house lol
3 Jun '19

Trying to avoid car as very painful. And have to be careful walking as foot problems from chemo. Oh joy.

This time last year surfing cycling sailing kayaks. How quickly things can change!

I am limited to Padstow. Don't know if that helps.

Regards. Pdub.
3 Jun '19

"... to keep of bb as ..."
3 Jun '19

Currently on holiday in Padstow but nursing a very painful back injury (again). Chiropractor failed to fix. All very frustrating so trying to keep off as struggling to maintain positivity.

Not allowed to travel abroad at present so planning to go to Thailand early next year when hopefully this is all over, assuming insurance cover is suitable. Promised GirlieNextDoor so better deliver!

That's it from me.

Regards. Pdub

ps apologies to all for off topic.
3 Jun '19

Just guessing but if I asked for a quote to buy 28.8
3 Jun '19

Sounds like you have been through it just a bit!

I have another 5 x 3 week cycles after this one. Ends late September.

By that time I expect considerable improvement in the share price. Might need it to pay for the holiday insurance!
3 Jun '19

Sadly yes. On the other hand I am still here!

Regards. Pdub.
3 Jun '19

Daniela good luck with your chemo. You are in good company here as there are several posters that understand exactly what you are going through. Remember that your health is far more important than anything that happens to the share price.

And of course welcome to the bb.

I would wish you good luck with your investment too but, and this is just my opinion, you won't need it as this company looks like it has an excellent business plan that should deliver great returns for its shareholders. BUT to make the big money you will need patience and a focus on the fundamentals.

If you believe in the future of the company try to ignore those that wilfully try to shake your confidence for their own personal gain.

Just my opinion.

Regards. Pdub.
1 Jun '19

Canute40 I would like to comment on one section of your post:

"Whilst we'd all love that curve to repeat itself, sadly it will not until further growth is proven on the back of the recent positive RNSs and confirmation that a dividend will be paid in time (which will undoubtedly bring more institutions to game). Ratios and historical data can't account for that either."

First we already have some proof of "growth" with the high production figures for March, which suggests that the phase 2 improvements are finally working. We also have the Vanchem purchase which adds another almost 1000 mtV to production, though I will concede that deal has still to be concluded.

However those points are not what I wanted to comment on. Unless I am mistaken you have not recognised the importance of the V price. There is evidence from MetalBulletin that the V price downtrend has reversed or at very least bottomed out, and this has already had a significant effect on the sp. I believe that even without further news from the company a significant rise in the V price will be the main driver of a share price recovery in the short term. Beyond that I agree that a growth in production, revenue and profit, combined with dividend payments will certainly be sp drivers.

Long term then we need to look to Mokopane development, Vametco and Vanchem expansion and most importantly the growth of Bushveld Energy.

2019 / 2020 looking very exciting for BMN and its shareholders.

Just my opinion.

Regards. Pdub.
31 May '19

Compass, not stupid, just selfish. No honour among thieves.
31 May '19

RK my thoughts are with you both.

Kind regards. Pdub.
31 May '19

Jagadish I and possibly others were involved in a dialogue with Cindercone. If my memory serves me correctly Cindercone answered using another name. More foolishly he then owned up to using the second identity. Broke the rules. Banned.
30 May '19

Hope so faramog. That's yet more buying pressure which should assist the rise in sp. Imagine how the sp might respond to more increases in V price and a good BE update (just for starters ...!)

Last one out collects the biggest loss?
30 May '19

True. Exiting
30 May '19

"... Jewel in the crown..."


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