We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Faramog not data of
Cheers, data of. I thought they reached an agreement to stop strikes since the last settlement.
He works for BMW, not BMN, hahahahahaha.....
Come on Vanadium!!!
@Halespur.... I think it is this FB link.
https://m.facebook.com/story.php?story_fbid=2955009471427865&id=100007565220838
Get lost haha
COYI. :-)
Mogwhy where is your evidence on 30 people ready for industrial action at Vametco?
I used to think you played with a straight bat and thanks Jamiejojo for the information.
Let’s keep reminding ourselves - Mogwhy - 4 weeks ago - 27th September 2021 - ignore the idiot!!!
RE: Solid results27 Sep 2021 08:26
We already knew that the low point was reached in H1 with low but increasing V prices and higher costs.
In real terms there was a small loss after including the IES and ATM sales profit. That's a pretty good result from the challenging conditions.
The average realised price in H1 was $29.2 and the average price in Q3 is now at $39.8 so we are seeing significantly higher margins in Q3.
My estimate of the average price for H1 was $33.9 against the LMB number of $33.4 so my weekly log of V price data points is reasonably accurate.
Looks like a 10 bagger from here for those with patience !
class @YTSS .. as LS said, the little twerp got caught short and is flapping about like a simpering fool ...... 'Oh I assesed the risk but just ignored it .... its not fair'
Why I have filtered
Anyone not listened to the Crux interview on Thur/Friday should .... taking longer than anyone thought (hence the electrolyte plant construction was put back over 2 years), but all coming together ....
Just takes the right early news a bit of the spotlight coming round and as I have been saying since March this is 35-45 by year end.... other views are available
and Mogwy. "Growing pains" are exactly that when you are building a business. You probably never have built one so you don't know. I've built two, one in this country and one abroad. Growing pains are a real thing with businesses. Getting the right team,the right finance etc.. are growing pains, so stop making that out to be mismanagement. BMN have moved from being Miner to miner and processor. and eventually fully vertically integrated.
You couldn't find your ar*e with both hands, let alone build a business.
Posted by Mogowy on 27th September
RE: Solid results27 Sep 2021 08:26
We already knew that the low point was reached in H1 with low but increasing V prices and higher costs.
In real terms there was a small loss after including the IES and ATM sales profit. That's a pretty good result from the challenging conditions.
The average realised price in H1 was $29.2 and the average price in Q3 is now at $39.8 so we are seeing significantly higher margins in Q3.
My estimate of the average price for H1 was $33.9 against the LMB number of $33.4 so my weekly log of V price data points is reasonably accurate.
Looks like a 10 bagger from here for those with patience !
anyway, Mogwy
You still haven't answered the question. Which is the answer in itself. You probably cashed out thinking you could pick it back up sub 9p, and you blew it. oh well.
So, here you are trying to deramp a share you want to invest in. You're such a muppet
Agreed on Dave Reeves at Calidus.
A fascinating theory London, and fits the facts well.
and the guy calling for it works at BMW !!
A sea of green tonight .. the ferrets are back
Anyway, the point is that Pdub wants me to pat Fortune on the back for ensuring operational stability this year when this is something that should have been done before the expansion program in 2018.
It's no good increasing the flowsheet output if you can't hit the intermediate numbers. It's basic stuff which he either ignored or was just trying to wing it.
Either way it was mismanagement.
Mogwhy thinking you can spread doom “industrial action “ hahaha
The workers have just been called to a meeting and congratulated on their performance regarding production they’re looking foward to a nice bonus in December
Think you’ve been watching too many films like the big short and fancy yourself as a trader hahaha
As if anyone could be influenced by a sad little twat like you
BumblingFool - you've included Vanchems production in that figure.
The 3,750 target was for Vametco only.
Tbf he was referencing Vametco I believe, as that is Vametco nameplate?
Group production in Q3 2021 of 1,056 mtV, an increase of 19 per cent on Q2 2021
If you want to argue a point try checking your facts
I think people are forgetting that Duferco only started selling after an almost 100 % increase in the first tranch of issued shares at c. 13p. They are going to want a half decent return on this tranch as well,
IMO their not going to sell straight away.
Jhill84 - play the ball, not the player.
My investment status doesn't change the facts.
Are you invested Mogwhy?
The quarterly runrate to hit 3,750 pa is 937.5 mtv.
There has not been one quarter since June 2018 when the expansion project was completed that that target has been hit.
There is a reason for that.
And no, it wasn't covid.
"Bushveld has successfully completed the second phase of the three-phased expansion project at Bushveld Vametco, on time and within budget, allowing the company to take advantage of the high vanadium price which has persisted in the first half of 2018. This phase of the expansion project increases the annual production capacity from 3,035 mtV, achieved in Phase One, to 3,750 mtV, with a capex of USD 2.5 million."
Vametco has never produced more than 2,931 pa since.
Perhaps Pdub can tell us why.