The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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The sheer stupidity of people never ceases to amaze me. If you don't like Calamari's posts why on earth do you respond? You've now created an entire conversation over a post that had you ignored four hours ago most people wouldn't have even seen.
Apologies for the error earlier on the year that a huge profit of $51 million for BMN was forecast.
However I wouldn’t be at all surprised to see significant profit made this year on the back of increased production and rising V prices, even without the unknown of how quickly the energy storage business takes off.
All very exciting. (Unless of course you are one of those who deliberately want to spoil the party for an agenda that baffles me).
As others have said, we should just leave this poster alone. Personally, it wouldn't surprise me if their alias was chosen because it represents a 'bottom feeder' in the grand scale of things.
Lets hope that we've seen the back of the seller here soon and in time, a few on this board too with any luck.
No, what Sanchez is saying is he thinks you think you can move share prices i.e you're a deluded narcissist!
I see a shed load of green boxes on my screen & I assume all are said Calamari. Stop responding for goodness sake.
You should go and tell the CEO of Largo, as their MCap is the equivalent of £740m. Apparently every Canadian investor is wrong and you are right. Or maybe FAR, who have a MC of £155m and produce 196mtv equivalent.
But as LS says, all you do is cherry pick. This is the same old Calamari BS of picking one piece of info and repeating it again and again and then disappearing once the SP starts rising.
1. Costs are high so that they can get iteratively lower and production can increase and supply the blossoming VRFB market. The markets will love that and you know it.
2. Bushveld will clearly be much more than a commodity miner as this year progresses. You also know this.
3. You only do this to try and get a lower entry point.
4. We are building an electrolyte plant, have invested in Enerox and are expanding and streamlining production at two locations. This is a growth company and that's what they do. Grow.
Why not tell everyone why you are doing this. That would be more interesting... you are a sad, sad individual with one tactic.
Yup @Pdub ....
$51m+ Gross profit (this year) puts us.......as we stand
Top third for AIM all share
Top half of over 600 in FTSE All Share
And this is with the higher current costs and still relatively low Vanadium pricing
.. now next year !!!
That is just for vanadium sales and nothing else.
Calamari I am sure an expert such as yourself would agree that AIM is about sentiment. Look at the sp success of others in the industry that don’t even produce.
It therefore puzzles me why you are working so hard to damage sentiment about this great company.
Until you can’t help yourself next time haha
Pdub, that's why I've just bought another 30k shares (but I'm over 5 million now so that's definitely it).
Wow a cash profit this year if $51 million in 2021 !!!! I think the majority of AIM companies can only dream of that sort of profit.
SP Angel's broker note forcasts an average FeV price of $40 per kg for 2022 generating a post tax profit of $51.2 million and EBITDA of $81. 9 million.
You are cherry picking negativity.
Surprised to see you here because we're having a blue day haha!
Haven't the time to respond at the mo but you're very much mistaken. The company's historic product costs has been $17-19kgV plus around $5-6kgV with the other costs involved in selling the product, so probably about $24kgV. However these costs will fall towards $20kgV as production increases because of there's huge economies of scale in the business model.
Meanwhile commodity prices are roughly $35kgV worldwide at the mo and are expected to rise to $45-50kgV in the coming months, and stablise / average out around that $45kgV price.
So I reckon you're looking at $45kgV - $20kgV = $25 of profit per kilogram sold.
This year the company will produce 4,350,000 kilograms
Next year the company will reach an annualised rate of 6,800,000 kilograms.
6,800,000 x $25 profit per kilogram (based on $45kgV average) = $170,000,000 Operating profit from the Mining Operations alone.
No doubt much of that Operating Profit will be reinvested into the business because the company is still very much in growth mode and has huge ambitions for Mokopane etc, which impact the Profit Before/After Tax and EPS numbers, but it'll still be a hugely profitable business in the near future.
And of course this year, with the millions being invested into Vametco and Vanchem this year, the production cost will look unusually high. However I would argue that this is merely a case of the 2021 Operating Profits that would've been made this year are effectively being reinvested into the business in advance (if that makes sense). But if you net that back to what it would've been without the $45m ish of investment into Vametco & Vanchem you'll see it's already profitable at these vanadium commodity price levels.
And the profits and profit margins are MASSIVELY going to improve over the next 6/12/18 months. It's v exciting!