Member Info for 993444

Last 125k shares not £

Last £125k @ 3.125. Me done..

No real buying pressure at the moment and may even go a little lower but I am happy to buy and wait at these prices.

Ha, never borrowed to invest, wish I had done with BMN when first got the tip at 2p. I know plenty who did and they are very rich people now...

I would rather regret not borrowing than the other way around though....It is easy to sing when you win..

Just added another 125K @ 3.167, therefore assume all deals around the 3.17 area are buys not sells.

Probably going to have one more little nibble to round me off at 1.5M shares and then feet up and enjoy the journey to 60p

The dilution will hurt but it also is needed to get to full production. I have decided to go full in now and sit it out, but some are more cautious. So it really is hard to say.

I think once The JORC figures are released and they confirm product is being shipped as planned, then the SP should be closer to 6p (Q1 2019 I hope). I would therefore expect the placing to be at 5/6p minimum giving a 50% dilution. Who knows they might just get a friendly loan from BMN which would take the SP up quickly..

At 5500 T production and $5k per ton profit should give SP of circa 36p, after a 50% dilution. (Q2 2020?)

There are pros and cons for waiting. It could be said BMN is the better short term play, I would not disagree.

I cannot see the price suddenly going to 6p but I think we will see 4p+ very quickly on imminent news. I would say both ATM and BMN will double from here in next 9 months and 5 bag in next 12 months so it could be a nice diversification but who knows..

I am here because ATM are going to be the tin play in Africa and tin is the ‘spice’ of technology but it will not happen overnight.

Good luck regardless of your decision

Had my monthly contribution go into my SIPP today and thought I would have a little nibble. Like what I read over the weekend and seems to me that the upside could be huge. GLA, will pop in time to time..

People with a sensible long term investment strategy Worzel.

Miton probably know they will get another opportunity to buy this stock in a future placement so they are trading half and holding half. A reasonable strategy.

Based on FM saying BBE could earn 10 times what BMN is currently earning why not..

Over the next 10 years, agree, not any time soon.

I will cease and desist.

Move on...

Thanks Faramog, SPBhoy, nice to know people knew what I was trying to say, what are three zeros between friends.

Decimal points aside, it is scary to look at something and realise it is 7/10 times under valued currently, even with FM trying to play it down. BEFORE we bring in the 10 times current earnings potential from BBE he talks about

Obviously going to get accused of ramping but a SP of £40 is not beyond daft... in the next 10 years... based on what is in play..

Eh? Pointless posts and poster added to filter box.

So embarrassing... I knew exactly what I meant but I just had a big numbers mental block... as you say daftest posts of the year...

So, back to original point, the future is very exciting... just get your decimal points in the right place...

Do you know when you want to delete posts really badly....

Flipping heck... Thanks Tyfoon..

But even at my silly and incorrect figures, the investment case was good...

Humbled but also need to go lie down...

$125 a tonne less $20 per tonne costs? at 5000 tonnes is $500k, not sure what you mean you might want to correct but NEVER insult me..

I also understand the higher PE argument and where people get their £33 a share figures from. I don’t need to be convinced of the prospects but I also don’t see the need to ramp this stock, the current figures at conservative levels are good enough for me..

My point as well was more that I can understand why people are fretting about short term falls! This sp will go up but will always bob up and down along the way.

Endion, if I understand correctly they are currently producing 3750 T at circa $100 per tonne profit, $375k, expecting to ramp this up to 5000 T, gives $500k. Assuming the price settles at a conservative $75T (FMs own words) and production goes up to 10000T, maintains current profits and a £1B market cap?

If I am incorrect please enlighten me as that means even better news.of course if the V price stays at $125, then that is 2B mc I know that, I was trying to be conservative.

10 times the figures from BBE means a mc anywhere from 11B to 20B, both FTSE figures, both good enough for me..

Billion.... B not M, sorry...

They have taken profits on BMN too. No harm in spreading the love as HB says.

Any of WRES, ATM or BMN could make shareholders a pretty penny in the next few years so, like Miton, I have taken bits from BMN and put them into here and ATM.

Quite happy to sit back and let the retirement fund continue to grow (whilst bobbing up and down along the way to keep the traders, trolls and MMs happy as well).

Re Trolls, I have learned the hard way, just filter and ignore them. Let them earn their £1 per post and scare the children, everyone has to make a living!

GLA