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And just by magic, 3.7p on the ask...

I think we are saying similar things DJ and I hope the Indian Mine company is the potential BE listing, bit of a win win without the need for more cash to buy in. We currently own 21% of it, it will crystallise the value of it when listed and also provides a source of gold for the Indians. From memory the last gold mine company that listed on BE, Deccan Gold, has a mc of circa £30M (rough conversion from 2.7B rupees). I have no idea of production comparables but assuming similar that would mean 6M market cap from gold mine alone, if similar, as well as access to physical gold.

Although I am happy and prefer for that to be deferred for another 12/24 months at least until we get Tally off the ground, listed, on a LSE stock market that is, and making money.

I do like the fact that this share will most likely repay patient investors not traders.

Once the SP jumps to 1p, which it will do in a flash. watch the noise levels and SP rise significantly... There are very few shares in free float in this one so buying will push SP very quickly.

For the moment, I like the quiet, but the noise will be fun..

GLA.

Just noticed Worzel.

I know FB did say if you tried to buy more than 150,000 shares the ask shot up but that is a jump. Thing is though still a a bargain when the SP is expected to reach 6p and beyond soon.

I agree we should cash in on Finland or raise some capital but I cannot help thinking that the Indian mine could be an easier route to listing on the BE and help with adoption.. Maybe I am wrong.. I do agree Tally has to be no 1 focus for next 12/24 months not bouncing all over the place again...

I cannot believe I added another 150k shares this morning, I had no idea it would go up today, was just pure luck as a bit of money became free so I put 50/50 in BMN and ATM..

because it is an awesome company about to announce production has started, and other things hopefully...

Hi MM, not going to argue with that, just trying to be a little cautious.

let me change my thoughts to hitting 6p sometime in Q1

Wrong board FT?

I think ATM will be at 4p by end of January, 5p by end of Feb and 6p by end of March though....

I would say it is simply a case, like most junior miners, being priced at a very large discount at the moment.

I appreciate everyone on here likes the the manipulation and conspiracy theories but honestly BMN is not the only stupidly undervalued mining stock on AIM currently.

Even using the famed JM, who has a 82p price on this share, more than reasonable for a current price in my view. He however also has a 45p price on JAY, currently down at 14p from 25p in the summer. I could go on, WRES, MKango, Rainbow, SML, etc etc.

I am not in anyway pushing other stocks that I hold just trying to add context and I am a lTH of BMN, since 2/17 with an average price of 13p so no angry attacks please.

I also believe the sp of BMN will be closer to £2 by end of 2019 and once the discounting stops and/or they stop being treat like a junior minor the re rate will be huge.

GLA

Be patient, use this as a time to top up and, unless you are looking to sell, chill...

And.... https://vrbenergy.com/

Another 150,000 at 3.4p today

Makes perfect sense.... :-)

Sorry to disagree but I think it makes perfect sense, but time will tell. VRB are the big play here and it makes no sense not to buy the end technology by buying a current battery manufacturer and supplier player.

Good article Worzel, backs up the great long term story here.

With one of the lowest production bases at circa $14k per ton ATM will still make good profits through until 2022 while they build their supply base to 10M per year. The low price will also keep other supply off the market building the deficit.. Coiled spring.

With over 70 years worth of supply at Uis (not including new licences bought in Namibia in October) and the likelihood of building own smelting plant in next few years this could be huge, even bigger than I thought.

I used Fb, with a little b to distinguish from FB :-).

Thought that was your buybFB looks like you are heading towards 10M after all.... I have pushing everything spare into BMN in last few days as I think we are going to get a nice short term bounce but then hoping to top up here before it spikes. I think 5/6p by March will happen here so really want another 1M shares by then..

VRB Energy was a suggested buy of mine a few months back. That would make BE a true end to end battery technology company.

Welcome on board Fb. Exciting times ahead..

RedLeader, it is actually 21M but as you say this in theory is a finite amount. I say in theory because in the last 15 months 2 further ‘Bitcoins” have been created from nowhere, well from the original code block to be exact. Meaning there are now 63M ‘bitcoins all arguing that they are the real one. Which is why I am no longer treating Bitcoin or crypto as a viable investable asset class and why I am pleased Tally has moved away from crypto type comparisons.

Nobody knows how much gold there is still to mine but the limited actual real supply and it’s rarity gives it its price solidity. Albeit its price can be a little volatile at times like any investment asset.

What the world is waking up to is that fiat currency is being constantly debased as the supply is increased. Crypto has been seen as a potential solution for a short while and there was even talk of it replacing gold but I think that idea has been put to bed following the endless ICO scams and market manipulation surrounding it.

By good fortune I think the falls in markets recently along with Bitcoin losing its way will bode well for gold in the next few years meaning Tally will hopefully hit the markets at the right time.

I do agree hanging onto the Indian gold mine stake will be a good idea in the long term too but maybe the Finland one can be sacrificed in the short term to help with funding.

All just my opinions.

We are still awaiting the video for the recent blast in the recent RNS http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ATM&ArticleCode=eoq3g7ec&ArticleHeadline=First_Blast_at_Uis_Tin_Mine_and_Site_Visit

That one must have been huge as the one in June was pretty impressive. Ore stockpiles being built as we type...