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Ridgewalker I did yes, I'm in PHE and Mirriad advertising, as well as OCTP. I'm actually positive on PHE and Mirriad currently. If you can make one great investment it makes all the failure worthwhile anyway, so here's hoping.
Investor call is next monday and Craig will take on all comers, in the questions and answers. I believe he will turn this around. Hey Razor Shultz did you buy into Powerhouse Energy? All the best to the LTHS from County Leitrim.
£0000.00. That's the only six figure profit here.
TB, the other post from this plonker that made me chuckle.....
'We use a number of custom built AI tools for stocks and success rate is over 80% so far. Cant really go into the details as we have a few clients paying over 6 figures per year for the infos'
Or losing 6 figures? massive risk here
Wildtiger, I think you need to question the output of your AI model! It needs a bit more I
wildtiger
Posted in: BMN
Posts: 2,208
Price: 1.025
No Opinion
Added more17 Apr 2024 11:19
Bought another 2m shares since yesterday, thank you sellers!
Without days like this it would be hard to make 6 figures in short period of time
Even if they receive money from SPR and Acacia now they will need to find 7millions shortly to pay orion and need some working capital too.At this point placibg would sort out funding issues but would wipe out shareholders certainly.We may see Vanadium entering a supercycle again but Bushveld wont be around.
Is this where they delist and buy it offline? Dodgy scummy rats
Belco/lemur/brits/resource:/ BE other bits and bobs.
I know unlikely to see past £100m
I mentioned this RNS was coming last week and here it is. To think some nutters were buying shares and still are.
I warned years ago about that crooked piece of sh*t Fortune Mojapelo and was serially abused by the likes of that moron Alfachump and his acolytes.
RIP Bushveld Minerals.
Added more, what a gift. Nothing has changed really
Yes but half has been sold/in the process of being sold to SPR for $22.5m and so that now comes out at $45m (non distressed prices). You can see how, when it comes to vultures sifting through the remains, we aren't likely to see a sum of well over $100m in total.
Harchris didn't we pay £$65m for barely functional Vanchem plant which is now firing better than ever. Fingers crossed the reserves and the real estate is worth £200m
Yeah,aims not for investors.
The first $100m would go to creditors, i.e mainly Orion.
At market rates the assets would still well exceed that but at distressed administrator prices I'm not so sure.
Same Halespur. AIM shares are pocket money for me now, building up small positions slowly. Main pension is in a cheap passively managed index tracker fund.
PS Still own some in my SIPP so still involved and need a reversal. I'm in the same boat as many and lost a few years savings in here from 2018 onwards adding.
For me it has been a lesson in investing and diversifying. Single shares probably should be play money and rest in funds now for 15-20 years
Thankfully sold some at 93% loss instead of 96% lol. Surely what they own is worth multiples more than £15m Market cap if administrators get involved.
What now ?
The bigger issue is, even if cash was found now, which for what it's worth, I think it will be, they are kicking the can down the road. Costs are higher than the price they are selling for and there is no sign of a recovery in V pricing. It needs a sudden and rapid increase in V pricing, and I don't see that happening. Stakeholders/funders at some point are going to want a bigger slice of the pie, ie a controlling equity stake rather than a loan note, and at that point it's game over for the shareholders here.
Suspending these operations would choke cashflow and that would lead to a possible default.That is what SPR wants probably.
They are looking with stake holders to resolve the cash position. Ooh raise at what price now?
when?
Boom!
Did your AI tool malfunction?