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A few thoughts......(1 of 2)Tue 23:44
I don’t post much of any content these days (in the post Cindercone world), but I will share a few thoughts tonight. On the question of price point for Steel vs. VRFB; $40-$65 / KgFeV would be a very good stable price range given the current scale of Vanadium manufacture WW and the demands for Steel and Electrolyte. That said, the innovative Electrolyte leasing model promoted by BE renders the Vanadium price point much less critical in the development of the VRFB industry. There is a package that can be developed that makes VRFB economic under almost any circumstances now.
On the subject of company announcements and communication, I like many would appreciate more, but if you have followed this company for any length of time you will know that this isn’t going to happen and that the payoff you get instead is probably better. Only today Australian Vanadium have tweeted :
COO Todd Richardson on The Australian #Vanadium Project “testing shows that we can recover over 60% of high-grade vanadium, this high-concentrate mass yield is possibly the highest of all current operations globally”
I calculate that Vametco BEFORE completion of all the improvements is getting greater than 60% recovery. What is more, they are claiming world class deposits at about 1% content – BMN are in the 1.5 – 2% + range. We don’t get this trumpeted from the battlements, we get it delivered in usually very detailed and well constructed technical reports either by RNS or from (albeit passively) the BMN website.
Go do some research, anyone who hasn’t read the Mokopane Feasibilty study, the Electrolyte Plant draft Impact Assessment, the 2018 company report and the raft of material published during the last 12 months has no place to complain and less to ask inane open and vague questions which could be easily answered with just a little leg work.
Now, to the share price. From under 3p in March 2017 to 48.5p at the end of last year is spectacular. It is also unsustainable. I used to post regular updates on the adherence of the share price to Elliot Wave predictions, but not anymore. (Mathew 7:6). Just because I stopped posting doesn’t mean the share price stopped following the pattern – it didn’t. Where we are is easily explained and actually fits really well with predicted numbers. What is more, where it will be heading before very long will be spectacular once again. I’m not going to post the numbers, many wouldn’t believe me if I did but you could work it out for yourselves very easily. But ignoring Elliot or any other Technical Analysis, just look at the pipeline of things we have. I would rather have Fortune and the Team working on delivering the next blockbuster development and the one after that and the one after that that Tweeting fluff. Vanchem (as predicted by us on here), Vametco strike extensions (again you heard it here first), Electrolyte rental models (yep I gave you that one too), Electrolyte manufacture. VRFB manufact
Just so Furnaceb doesn't manage to bury ophidians excellent summary to far down. Im goi g to repost it.
Toattaly agree Sanchez, I think we know what he is.
@Sanchez599 I am completely in accord with your perspective on this and it would be the one significant area for improvement moving from small cap to mid cap and beyond that they really need to address. That said, I don't hold my breath and being reconciled to a world of infrequent communications lowers my stress levels. The corollary to that is that they MUST banish the incorrect or ambiguous communications to which they are sadly quite prone. The most recent RNS being an example.
Ophidian
Alfa very strong point. You can have the mine, you can get it out the ground but without a 100mil where are you going to process it. Such a strong position just sit back and relax. Ps great to see the lth's back
Good posts Ophidian as usual. I would just add that I don't think the company has to make a choice between managing Comms or blockbuster developments. As a serious company consolidating it's mid tier status, it is reasonable to expect them to do both well.
To all wondering when Vanchem will complete I don't think there is much chance that it will arrive on the 31st July. Also I don't think that the precise date on which it completes makes a blind bit of difference. The important thing is that when it does complete we will have singehandedly secured all the available brownfield Vanadium processing plants not just in South Africa, or the continent of Africa, but the entire southern hemisphere (not counting Windamurra, which burnt to the ground)
We are lucky to have some very informative posters, and its great to see Ophidian post again. With regard to Vanchem - my only concern is NOT that it won't go through, but more on timing. Personally I am not anticipating it to conclude before end of October (still within the timetable laid out by Fortune). We don't need to 'feed' the trolls by suggesting it will be end of July and then unwittingly give them ammunition to suggest that all is not well.......
Great post as ever, exactly my sentiment and position, same as all LTH's Ophidian, but you put it far more eloquently than I ever could.
I don’t post much of any content these days (in the post Cindercone world), but I will share a few thoughts tonight. On the question of price point for Steel vs. VRFB; $40-$65 / KgFeV would be a very good stable price range given the current scale of Vanadium manufacture WW and the demands for Steel and Electrolyte. That said, the innovative Electrolyte leasing model promoted by BE renders the Vanadium price point much less critical in the development of the VRFB industry. There is a package that can be developed that makes VRFB economic under almost any circumstances now.
On the subject of company announcements and communication, I like many would appreciate more, but if you have followed this company for any length of time you will know that this isn’t going to happen and that the payoff you get instead is probably better. Only today Australian Vanadium have tweeted :
COO Todd Richardson on The Australian #Vanadium Project “testing shows that we can recover over 60% of high-grade vanadium, this high-concentrate mass yield is possibly the highest of all current operations globally”
I calculate that Vametco BEFORE completion of all the improvements is getting greater than 60% recovery. What is more, they are claiming world class deposits at about 1% content – BMN are in the 1.5 – 2% + range. We don’t get this trumpeted from the battlements, we get it delivered in usually very detailed and well constructed technical reports either by RNS or from (albeit passively) the BMN website.
Go do some research, anyone who hasn’t read the Mokopane Feasibilty study, the Electrolyte Plant draft Impact Assessment, the 2018 company report and the raft of material published during the last 12 months has no place to complain and less to ask inane open and vague questions which could be easily answered with just a little leg work.
Now, to the share price. From under 3p in March 2017 to 48.5p at the end of last year is spectacular. It is also unsustainable. I used to post regular updates on the adherence of the share price to Elliot Wave predictions, but not anymore. (Mathew 7:6). Just because I stopped posting doesn’t mean the share price stopped following the pattern – it didn’t. Where we are is easily explained and actually fits really well with predicted numbers. What is more, where it will be heading before very long will be spectacular once again. I’m not going to post the numbers, many wouldn’t believe me if I did but you could work it out for yourselves very easily. But ignoring Elliot or any other Technical Analysis, just look at the pipeline of things we have. I would rather have Fortune and the Team working on delivering the next blockbuster development and the one after that and the one after that that Tweeting fluff. Vanchem (as predicted by us on here), Vametco strike extensions (again you heard it here first), Electrolyte rental models (yep I gave you that one too), Electrolyte manufacture. VRFB manufacture, Eskom tenders,
(cont.)