Firering Strategic Minerals: From explorer to producer. Watch the video here.
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.....I see some comments that they may have received confirmation that they can list on Nasdaq, but I can't see any proof of this. Anyone confirm or know anything different that may be causing the rise? Thanks.
Who gives a .... Our turn soon, rodders.
Hard work waiting!
kcfb - excellent I hope they do as it will attract lots of interest to us.
Alfacomp - agreed, any publicity for vanadium or vfrb's has to be good for us....we just need patience.....
https://twitter.com/chicbeegee/status/1380585523975221249?s=21
The gap is 330%. It isn't just about patience.
I won't be posting any more here regarding potential improvements because I can't be bothered with the fall out, denial and condescension from certain quarters, but it is weapons grade delusion, not to mention archaic if you think there is nothing the business can do to assist with addressing this disparity, beyond just being patient. Is SA a tougher jurisdiction than Brazil? No.
Ask yourselves why companies revamp listings, overhaul brand, install marketing directors, undertake Comms and PR campaigns, strategise newsflow etc. Clue- it isn't just for fun. I know, I have done it.
You are literally watching a competitor take a bold step towards a Nasdaq listing, rising 20% and just saying let's sit back and watch, it will be our turn soon. And let's hope some of that rubs off on us. That might fly if we were say a 50% rise away, but we aren't.
Anyway, I am happy to keep posts on this board to nothing but positivity going forward under the guise that that is going to make a difference somehow and my point is made.
Some of you may disagree, but there are a huge number who agree. Twitter has made that very, very clear.
The simple positives that I see are:
BMN is a producer
Growth and profit projections look great
It is not a ‘punt’ awaiting some speculative result
Funding is in a good position
I believe the price will be much higher in the future
It’s actually a very interesting company
Yesterday, someone sold what amounts to <0.1% of the company. It’s a shame these were not gobbled up - they should have been. That’s where I agree with Sanchez’s posting.
Sanchez if you are right then there is a clearly a very simple choice for all shareholders
1A) Do you expect the company to change its strategy as far as branding, promotion, etc to PI's ?
1B) Do you think that discussing it every day on a public bulletin board is the best way to achieve that ?
So roll the dice and take your choice. Either you are in or you are out.
Alfa, I literally said I wouldn't continue discussing this here and I won't in order to preserve the tone of the BB. Your answer is nonsensical. It is nothing to do with being in or out. That is exactly the condescension I am referring to.
Thanks for preserving the tone of the Bulletin Board. Clearly as you cannot defend your argument you now have to resort to personal insults.
It is for this reason that I shall no longer be posting here as this board has clearly become a gaslit echo chamber.
Best of luck with everyone's campaigns to change the company promotional strategy. I have done everything that I have been able to do to promote the company and won't be wasting my time here any more.
You've done a grand job promoting the company...actually better than the company itself hence most of us are invested Alfa.
All Sanchez is saying can you not see the issue in that and does Largo and others need such promotion from PI's to help the company SP?
I don't think it is negative or positive just a discussion worth having on how marketing can be improved etc. I really like how Largo marketed their vanadium for batteries etc.
Morning.
It is the weekend and I think it is fairly clear that some of us need to take a moment to regroup our thoughts.
It seems to me that there has been too much focus on those things that divide us. There may be some reading this that are happy with this situation, though I doubt that includes any real longterm holders.
It is very unfortunate that BMN’s PR partial blind spot has resulted in this tension on the bb. Fortune if you read this then please do what you can to raise your game on this one issue. Infighting between your shareholders does absolutely no good to the image of your company, and for whatever reason there appears to be little doubt that your share price is suffering.
I think most would agree that the PR needs improving. The real division appears to be whether or not this issue should be repeatedly raised on this forum or would it be better to contact the company directly with your concerns. My views on this specific point have already been posted so rather than fan the flames I will simply express my general opinion that too much negativity on a bb will never help raise a share price!
Perhaps we need to get back to what unites us all ... a belief that the BoD have done a great job in delivering the company to this point and that the future plans are very exciting. In my opinion there is the potential for very significant future shareholder returns and the current sp looks like a great buying point.
How can we help raise sentiment here? Take every opportunity to get this positive message out there. Support your investment. Explain to new investors the activities of the company and why you think they could expect good returns from buying BMN shares.
If the bb descends into disagreements and personal attacks we all lose.
Feel free to agree or disagree with this but do it in a respectful way. This will be my only post so don’t expect a response.
Regards. Pdub.
Some one fetch his Teddy Bear..
Bye Alfacomp, maybe now we'll have a board that's open to the free and frank exchange of opinions without his 24/7 interference and banning orders. BMN has an amazing story to tell and it's not telling it. Holders will never see true value if every time positive news is released it's followed up with two months of deafening silence.
People should be more demanding of the companies they're invested in. No one's saying BMN hasn't done a great job driving the business, but their progress is part-built on the back of YOUR investment and you should expect to see the fruits of that reflected in the SP. They're rewarded with a handsome salary and bonus shares - what's your reward? However, criticism should also be proportionate.
I very much doubt what is published on this forum attracts enough/buyers sellers to move the price long-term. However, if your plan is to attract investors you want high-quality, long-term investors. That requires rigorous, balanced research and the open exchange of opinions. You don't want some amateur day trading gimp buying shares because some cretin posts "tick tick boom" every two hours. What type of investor do you think you're going to attract posting that rubbish?
Patience is what it is going to take. This year is all about building in reliability and expanding the processing side. Fortune thinks the market wants to see results delivered on goals. Maybe the market is waiting for those goals to be delivered too, before committing?
I've been in many mining companies where the same thing happens. They start production and the share price falls! BMN's income has been erratic and the low V price produced a loss for us last year. So may not look good on paper. But they come good as they prove their earnings and costs to the market. The track that BMN is on now will lead to increasing revenue, where once more established will merit a P/E of 10 -15. and a SP £1+. If it takes 4/5 years for a 6 bagger with low risk, I will take that rate of return.
Yes PR can always be improved, but perhaps they are concentrating on building a great company as opposed to promoting the PR at this moment in time. It is not one of Fortunes strengths, but I can forgive him that because of his strengths.
If you are so frustrated, take some money off the table, go gamble on other punts. You will either get lucky or remind yourself why you pick winners and wait. Either way it will take away some angst here and give you some new ones to worry about!
Best of luck, everyone.
Cindercone it’s all very well to talk tough but what have you actually done to help other investors understand the complicated activities of BMN? By comparison to Alfacomp absolutely zero yet you have the arrogance to attack him at every opportunity.
I’m not in the least interested in what you think of other contributors so as you seem unable to stop then sadly I have to put you back on the naughty step.
Shame because I think you are intelligent enough to make a useful contribution here, but you negativity and aggressive style are simply not for me.
Good luck with your investment.
I think BMN commented that 'they hear us' about comms under BBN's retweet .. so let us just wait and see as they have been trying the past few months be more active on twitter. I think comms has been a more historical issue that has led to current sentiment and SP IMO but doesn't mean it can't be the best ever this year while they start getting their gears into action.
I was invested in TGR a graphite miner recently and they seem to post daily on twitter and RNS on a 1-2 weekly basis on anything remotely positive and even if they get an award (like I recall BMN once getting). Guess this has helped the SP double since December IPO and surely if they can afford to, BMN can.
I would even advocate an RNS if Vametco maintenance is finished and reiterate run-rate etc, instead of us having to rely on Jamie and his insider or past RNS's. We have all tried to second guess the companies actions but many times we have got it wrong especially the last 3 production targets etc. We were all bullish about these and I feel now many LTH's are being weakened hence the tension here. This will be addressed as Fortune is looking to underpromise and overdeliver without doubt and I feel COVID was an excuse for 1 year.
I have added twice this year and don't have any emotion to the negative chat on here and I think people should just not take things too personally.
I am reading a great book on 100 baggers by Chris Mayer and you can get it online nudge nudge wink wink. It shows most companies have deep drops on their way to 100 bagging (not all will and this takes 9-15 years on average). The key was you had to hold and ignore the noise as long as the company is doing everything well in its business plan as BMN is. All companies start off small and Fortune has the vision to make it into a multi-billion dollar company.
I view all our frustrations as noise and once the business plans plays out this should at least 10-bag in the next year or two IMO. The psychology of investing will come when the SP doubles and people will sell on after experiencing the volatility and uncertainty of the past, which is all part of the game.
This book has inspired me and I am setting my price target a lot higher and hoping to invest in other shares for the shorter term rather than here as I believe Fortune will eventually deliver.
The lowest I bought at was 1.6p .... so that wee investment I feel very confident about 100 bagging
This time next year Rodney ....
It's hardly surprising that people will start to get frustrated when a falsely created 100% positive narrative is not reflected in the SP.
@ Cindercone, you’ve obviously just finished your night shift in the circus and you think we want to hear your pearls of wisdom here ?
I would suggest you stick to your night job as your arrogance is uncalled for here, you spout more garbage than a refuse collector ..... move on , sell up you’re a loser.
TIK Tok TIK Tok Booooooom
Let the feeding frenzy Begin
LawrenceH
Actually Cindercone took the trouble to make a cogent argument - whether you agree with it or not. I hardly think your own contribution of "TIK Tok TIK Tok Booooooom" and "Let the feeding frenzy Begin" qualify as pearls of wisdom. All the things you accuse Cindercone of being, you are, in fact, yourself.
@CC good to know you are aboard and optimistic for the future, so stop wining about the supposed poor PR now. If we were at fair value, would you still complain about the PR?
The PR is no worse than almost every company i've been in. Twitter etc is hot air and non-official. A news worthy RNS will do.
Its the facts and figures that is important to me.
I'm happy to discuss any topic or concerns in this company, but not with someone that starts off by attacking someone else (not good LH). How for instance would you suggest they improve things? I'm not convinced that hot air and adverts are really going to sell this share. Its the ££££££'s - And we will have to wait - but I'm sure it is coming. IMO.
Markets are unpredictable. You are here because you see profit. I think so too. Only in time will we know.
Are people missing the pubs? Cabin fever?
I think the most helpful path this company can take now is to get off AIM and onto the main market. Then get that joint listing done. Do don’t talk.
Lemur is rarely discussed and largely written off or eagerly off loaded for free by some. A lot of money was spent on that project. Coal powered is still the most likely generation to be built in Africa these days. I am hoping we get a nice surprise from that direction, sometime?!. If we sell it on at the right stage it could raise a significant amount of money. BMN can then fast track to 8400t pa and re-brand the company and paint that tree green!
@BenAlder
BMN's channels of communication are unsatisfactory and the promotion of their business model and activities is not reaching the audience it warrants. In a zero interest rate environment there are record amounts of people investing in stocks that need to be led to water. The narrative of our age is renewable energy and that unfolding story could be pushed much harder to attract retail and institutional investors.
Fortune is a very busy man and not a marketing specialist. BE's Mikhail Nikomarov is rarely seen or heard. There's room for creativity in that space - how about a TED talk on VRFBs for example? If FM/MN are too busy with the logistics of running the business, they could appoint an individual solely devoted to that type of discourse to attract wider market investment. For a £200m company not to have a marketing department/strategy is inconceivable. Glencore and Largo have a marketing manager/marketing and sales director, why not BMN?
Re painting the company green: that will surely help. There are just so many new investment funds springing up in that area. I often look at their portfolio holdings where possible...and clearly they do look for green credentials. But also where the direction is towards green.
For example, Drax, which is due to be divesting itself of coal-powered stations this year and next, is a big holding in some green energy funds. I feel sure that some these fund managers have got more than an eye on Bushveld Minerals.