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"I am fairly sure Alfa said for the next year it would have cost £700 to run and he also mentioned keeping it going if others wanted to contribute to the running cost."
Hi. That £700 pa number is a bit of a shocker. Are you sure there isn't an extra zero there? £70 pa would be reasonable. (Actually I think it could be done for free, except for the domain name at $10 pa, but I won't go there now.)
Normally this wouldn't be any of our concern but if there is an invitation to forum members to contribute to the cost then it is.
Here is one possible suggestion for how it could have cost so much, which is if TBP doesn't actually own the design of its website. It is (was) an unusually well designed site, and one can well believe that it might have been done by a professional web design company ... who could retain ownership and license the design for whatever astronomical figure they can get away with.
If that is the reason why it cost so much then I think alfacomp was quite right to put his foot down.
But that leaves us with the challenge of what to do next.
If there is any discussion (maybe on telegram group? i don't have access to that) of what might be done to mitigate the loss of the perspective website the following link to the web archived version of Lionel's big picture might be handy
@taufor: since you ask - like most, I am disappointed by the current SP, and especially by the paucity of recent RNS-worthy news from the company. Progress towards the end of last year seemed inexorable, and I had planned to do a monthly update of my Big Picture to assist the orientation of new investors. But the absence of news on BESS , and especially on what we all felt had been expected from Eskom, the lack of news on JSE listing, on Lemur, and various other topics, has certainly given us very little new material to work with, and to comment on. On the positive side, production is steady and increasing, reserves are enormous, and demand/exports are strong. Development of the electrolyte facility is in progress, and will take the time it will take.
I assume that the take-up of VRFBs in Europe has been slower than had been anticipated, but in retrospect probably we should have anticipated that. Experts and decision makers in the field will not be unaware of the prospects of VRFBs, and they must be witnessing the rapid progress and take-up in China with some awe. I still feel that it is just a matter of time before we see a serious market in VRFBs developing, but I'm also aware that "jam tomorrow" has been an overly-optimistic promise. I am surprised that the take-up of VRFBs in UK has been so muted, but there again "UK" and "leadership" do not sit as easily together they once did.
My belief remains that Fortune is juggling some big pieces of a much bigger jigsaw, and all of this is taking time to put in place. Big projects, and big businesses, take time to develop. Warren and I are happy to invest for the long-term in companies with an "enduring competitive advantage". Key progress markers are, for me, the company's RNS, although the research that many still contribute to here is extremely welcome (my sincere thanks to those that continue to do so). Upbeat posts are often well-meaning but perhaps serve little real purpose (at least, they serve no negative purpose unless you buy stocks based on anonymous share tips!), while the trading of personal insults is a sign of our times but can also be ignored easily enough.
I have no insight into Alfa's thinking. I admire(d) him for his technical knowledge, and the huge effort that he put in to assist the company and to assist other investors. I can imagine that being faced with an endless barrage of nonsensical criticism from anonymous keyboard warriors would be immensely frustrating. I assume that the only difference in taking down TBP is that he will be continuing his forensic analysis of the company and its prospects without sharing the results of his work as selflessly as he did before. Our board has been the loser.
I will finish with my own upbeat comment, FWIW: at the back end of 2018, we saw many days on which the SP rose, from a base of around 10p, by 2p or 3p per day. I look forward to the days when we see that sort of price action again, which I expect we will.
Always everyone else’s issue or problem isn’t it Cindercone … never you!
There was not one ounce of humanity or generosity of spirit in any of your answers.
Whether or not you like Alfa or you found his work on the BushveldPerspective useful many others did (including myself). It is very sad that you are so lacking in empathy that you shape everything in terms of whether or not it serves your purpose and completely fail to understand how others found it helpful.
More importantly you have once again revealed this huge chip on your shoulder about Alfacomp. For your own well-being you really ought to move on. Up to you of course.
Yes, it's my fault everyone left the bb, nothing to do with company operations or shareholder boredom and dissatisfaction.
Alfa gave up because nobody was interested in his massive ego trip. There was no positive news to post, his trade analysis was a load of hogwash and his control-freak forum had some ludicrous tier system that treated users like primary school children. In the end he threw a tantrum and closed it because nobody was worshipping at the alter of Alfa.
Cindercone if you think £700 per year is a small price to pay then put your money where your mouth is, put in the long hours and hard work running the site and then and only then will you have earned the right to be a smart ar*e about what Alfa gave to us all. Until you have achieved all that I suggest you keep quiet on the matter.
Your comment is exactly why Alfa gave up on providing the service and why so many left this bb.
I am fairly sure Alfa said for the next year it would have cost £700 to run and he aslo mentioned keeping it going if others wanted to contribute to the running cost. But your right Pdub site traffic was well down.
For a man who claimed to be buying anywhere between £1k-10k worth of shares every month for years on end, seems strange he should quit his site for the paltry expense of a couple hundred quid. But then again, nothing he says adds up.
Taufour apparently the number of people accessing the site had tailed off sharply and I may be wrong but I believe this site cost £ several hundred per year to run. (Do please correct me Alfa if any of that is wrong.
I guess Alfacomp did a cost benefit analysis and came to the conclusion that it was the right time to finish.
Perhaps he might reconsider if you offered to pay the running costs every year. lol
I will comment Taufout. Alfa put in an immense lot of work setting up & maintaining the site for everyone’s benefit. It cost him £ in a licence etc & all he ever revived in return was dogs abuse from a significant number of ******S. He rightly decided enough was enough. Will. That do you?
Hi Halespur, "Alfa has taken the site offline as it has served its purpose", thanks for yr reply but I gotta say I find it quite incomprehensible ... how can that excellent site possibly be said to have "served its purpose"?
Granted, I don't have any particular understanding of what its purpose was in the first place, but putting that aside, it seems mind-boggling to say that its purpose (whatever it was) has now been served.
Could I ask Lionel (big picture) and Loudspeaker (vanadium price commentary) if they would like to comment.