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Money maker I think you will find Fortune got both processing plants when Vanadium price wasn't spiking hence the good deals.
Otherwise fair play with EUA, especially you Carpfisher with that profit! Ferrari time yet?
I've just had a look over there....
i,m only showing a paper ptofit of about 1/4 million pounds.
Ain't life a *****!
Meanwhile I purchased over 54,000 of these today...and have a guess which way
the shareprice has gone since then.
Moneymaker if you are invested in EUA I suggest that you better have a look at them now - up 15% in early trading now down 5%
quick on the google .. missed a few ... tell me:
1. who is actually producing
2. who is planning to produce and when if they get the cash
3. the grades of recoverable vanadium
have a nice day !
Mm seriously if your invested in ironveld you need your head examined
Mm but arnt they all explorers and not producers?
Your answers do not need a response. Anyone who knows anything at all about vanadium will draw their own very clear conclusions from your first post vs your reply..
Oh and if you think I’ve ‘just googled’ them. Look on the boards over the past couple of months and you’ll see some of my posts.
Faramog you are most probably right but when it comes to Bushveld I think all the corrupt shafting has been done on uk soil, all I see on the South Africa side is a well run company that is doing good for the country and it’s workers and local communities:-)
Sanchez,
Just to name 4 that I’m invested in: Ironveld, Jangada, Vanadium Corp and First. I’m sure there’s a few others.
I’m not sure of your point here. The long term average is over $30 which is higher than today’s price? Plus, the Vanchem was going through at during the Vanadium spike a couple of years ago, so yes they do buy during spikes it would seem?
EUA cost to production is sub $150m, which they already have funding in place for, so I don’t understand your point here either?
I’m not here to get into an argument about BMN. It was only a couple of days ago I was saying that in a few years time someone’s entry price of 30p will likely seem a bargain. My point was that you can’t compare BMN with EUA as they are completely different.
Fara, I can hear him googling 'vanadium miners' from here.
there is plenty in SA Gambit.. Cyril has only really just started and fighting an uphill battle against the entrenched ANC elite ....
Faramog the only corruption is not in South Africa but here in London by the twatbag market makers on Aim!!!
so Moneymaker .. can you list off these new Vanadium junior miners popping up everywhere ?
wow Gambit .. the thing is, there is the SA politics and corruption to see that is putting off investors widely .
wait ... EuA is where .. Russia ! .. maybe them rookies need more Palladium ;-)
Just shows how totally out of favour we are right now .. and also shows the potential when favour follows the cash !
Moneymaker yes I posted on both boards just to highlight how f@@ed up aim is plain and simple, no deramp towards EUA infact you failed to mention my wishes to all investors there to make money, you say it’s a poor comparison and maybe it is I honestly don’t know I just looked at the most recent published fundementals of both mining companies and highlighted the difference , also there was a guy going on about I failed to mention the palladium asset, well I could of gone back and mentioned Bushvelds 80 billion $ Vanadium asset In mokopane etc but I didn’t. As I said I was just highlighting how screwed the market is, also I think what you wrote about Bushveld is not completely true, to say Vanadium junior miners are springing up left right and centre??? Well since ourselves in the last 2 years I only know of far at minuscule amounts per month.
'Junior miners popping up left right and centre' - name them? And how far along the road to production they are.
'vanadium on its knees' - really? What's the long term average pricing Vs today's like? Do good companies buy assets based on spikes in commodity prices?
'We would do well to sell our assets for the value on the balance sheet.' Really and apparently EUA will sell their asset at top dollar based on recent spiking prices. Of course, someone will pay full whack for it. How much to take it to full production?
You are in dreamland. You can make it as personal as you want by tying this to some ropey point about feeling better, but it's very obvious from all of your contributions here that you are exactly as described.
Prove otherwise.
The same thing was posted on EUA’s board, so from going by your logic would mean it’s aimed to be a negative / de ramp of EUA.
Does you calling my posts dodgy make you feel better about yourself?
Heavily invested in BMN writing trash like that and popping up within seconds of a positive post to shoot it down.
I think not. Another dodgy poster with a very dodgy posting history being utterly dodgy.
I’m heavily invested in both and you really can’t compare the two. Palladium has absolutely skyrocketed the last couple of years and is in short supply. Vanadium is on its knees, with junior miners popping-up left, right and centre.
In a realistic comparison of the true value of the assets, EUA are likely going to achieve £750m as a minimum should a sale be achieved. Here, being realistic, we would do well to sell our assets for the value on the balance sheet.
I know a few won’t the above but it’s a realistic assessment.
We just need a few good rampers to achieve the same P/E ratio. That would be about 30 pounds per share, wouldn't it?
that's a truly stunning comparison gambit.
Completely agree - just shows you what a bargain BMN is
EuA mining
assets 5.9 mil
Revenue 1.2mil
Market cap £497mil
PE 456
Vs
Bushveld mining
assets £334mil
Revenue £116mil
Market capital £159 mil
PE 3.2