Member Info for 993444

Got the makings of a good bb here..

GLA

Last sentence corrected “ a trusted base of posters, which I hope to be one of” ... ham fingers..

Worzel, the guy asked a direct question which I answered? The other names were mentioned as context not as tips? BMN does not need me to ramp it on LSE!

My point the other day on this board was aimed at a few who saw this as a “pitch FB” site, you were not the only one who mentioned potential shares and I was fearful that it might get out of hand.

Point taken and I do agree you tried to keep the reference to WRES low key, in fact I think it was FB who mentioned it on here when he thanked you.

As you have seen I looked at WRES and invested. So a thanks from me too.

I think as long as we know our intentions are well meant then no harm in the right context but we just need to keep a lid on it, especially on newer quiet boards like this one until it gets an established base not trusted posters. Which I would hope to be on of.

“Did not hear”.

Thanks discopablo I do not hear the £100/£200 figure, the £500M I used is just the bottom end of the mid cap index.

8 times from here, 4p, is good enough for me.

The choice on paper looks like Wres to me, better location, good logistics, good range of further projects and funding in place via debt not an expected dilution as in the case of ATM. But paper is not always that simple and I don’t like to make single bets, so I own both. In 12 months I will tell you which one was the better one! I also own BMN and JAY as other mining plays, all have their own merits and all should have a huge 2019 but together I hope to be a 5 bagging portfolio in 2019.

Most interesting bit for me was hearing MM say at the end this WILL be a Mid Cap company in next year or so. That is minimum £500m mc that is a minimum15 times increase from here, 7.5p sp...

I made daft money in BMN this is going to be clever money based on all the Ebits at work....

So, if I have for this right, for a daft monkey hanger, my 2M shares could be worth a fair bit this time next year?

Think I might have fo buy a few more next week then..

GLA

Thanks faramog, you are one of the many nice people that make this board and investment such a pleasure to be part of..

I cannot say it enough, this is a great investment which will make existing AND new investors a lot of money.

Hi CC,

If BMN goes to £2 by end of 2019 I will still own £200,000 worth of shares in them, meaning a portfolio of £2M held in SIPPs and ISAs. If a few other investments work out as well I may have closer to £2.5M. I am still 5 years away from my planned retirement (currently running my own business and loving it so no desire to retire even though I could).

I would hate it to happen but if the SA government went into melt down BMN could be hurt by it. My approach is a risk management one yet it led to a 100% year on year return. If I had kept my original 500,000 ‘punt’ BMN shares that cost me circa £20,000 2 years or so ago then today I would have more money, I get that, but hindsight is a wonderful thing..

I now only own 200,000 shares in BMN, about 8% of my portfolio, and I am also building positions in other potentially lucrative investments..

Like I have always said, I feel blessed to have enjoyed part of this journey and hold no envy about those who have made life changing sums.. I have other potential investments that could do a BMN as well..

10% is my maximum not the norm by the way :-)

Hi Knuttie, I am totally delighted that it has worked out for you and others on here, not often people get to win the lottery in life...

it always seems a good idea until it is not.. every investment has risks and people become blind to these in rising markets. BMN is a SA mining company quoted on AIM, 3 risks already quoted that would be too much for most.

I have made a lot of money out of BMN and will not worry a jot about selling down another 100,000 shares in the next 12 months if the price goes as I hope. I invest to make money not to become emotionally attached. Fomo catches out too many people. All things well I should still have around 100,000 shares to enjoy the journey to £10.89 with you all.

I remember working at a top 4 accountancy during 1999/2000 and not selling out of the technology stocks I was holding (I had £100k in a trading account at one point, a potentially life changing pot for me at that time). I convinced myself I was intelligent enough to get my timing right, I lost £80k in 3 months!

I will now sell winners and losers if it is the right thing for me to do, I have doubled my portfolio in 2018 and if a few other plays go to plan then I should do the same in 2019, that is as well as having at least 50% now invested in boring investments, my forever retirement income holdings.

I am a very happy investor and delighted to have enjoyed this journey too.

All the very best

Huge credit to you guys. Too many boards on here try and keep the good news stories under wraps BMN was unknown to the vast majority of AIm investors 2 years ago within the next 12 months it will be on the lips of most who are wondering is it too late to buy in at £2..

The Vanadium energy story is going to be even more fantastic...

I have not really got the time to get involved in the project but kudos to all of you who do.

And, as already said previously, I am a now a forced seller not a buyer due to my self imposed 10% rule..

GLA all.

Thanks, I think! we do hide our intelligence very well up North.. lol.

I am still in the 40p by end of 2019 mindset, so I will defer my £10 guess until then. I think a 15 bagger is enough for me to focus on for now ;-)

Ma5k, many of the larger exchanges allow coins to trade against bitcoin, I never actually going into fiat at all during my trades, I go into and out of bitcoin. Although I accept at the moment the underlying value is provided by a link to the USD and if I want to spend that value I need to convert it back into fiat.

As such there is no reason why Gold or Bitcoin could not replace the USD as the referral global “currency”

Ma5k do not want to go two deep on that point but not sure you are 100% correct, a blockchain is simply a database that confirms the transactions onto a block, in order, forming a chain, to allow them not to be altered in the future. A decentralised block chain as you say allows anybody to see and verify transactions, a centralised one simply has a centralised source that is the only one that can add transactions.

Let’s not forget the little bit of tin they expect to dig up too. Tin concentrate is selling for $20k per tonne and W expect to be producing 400 T per annum, at say $5k profit per ton, another little $2M extra in the till. And another 0.5p or so on the market cap.

1p by end of 2018, 2p by end of Q1, 4p by end of Q2 and I would say 5p by end of 2019.

They have all the right ingredients in place but the biggest thing is the growing demand for their product in the developed world for new technology and the fact that China is the only alternative play.

I remember coming across BMN 2 years ago and not believing the story at first and also being worried about SA politics. I believe this story and on top of that it is not in Africa! The guys on BMN built The Bushveld Perspective website them selves to provide potential investors access to better research. All I would say on here is that any potential investor should go to https://wresources.com/investors/reports-notices/ damn quickly... everything you need to make a decision is there.

JonnyE, I think you are spot on and I think we will get to that point but if you are a minnow like LION it is much easier to swim with the tide than against it. They should be hopefully well placed to stay at the cutting edge as crypto moves more into the mainstream.

Coinbase gets my back up at times but they are slowly changing the way people think about and buy crypto by making it safer and linking it to your UK bank account instead of having to trade on some “dodgy” Far East exchange.

Ma5k is correct as far as I see it and if you read Ralph Hazel on twitter you get the clear idea that he is a fan of crypto currency and had the initial idea of having this backed by a solid asset, gold. The original TRAC website talked about all currency being “pre mined” another crypto link. Being honest it was this that got me interested in investing lion in the first place.

I do get why they are backing off, even the Royal Mint got their hand slapped for trying to roll out digital gold. Central bankers and financial regulators are scared stiff of crypto (all the ICO scams have given them the ammunition they need to go after it too). So for LION. To go after the mainstream banking market they are correct to back off.

Indeed, bankers are now happy to say blockchain is good but bitcoin is bad and they cannot even see the irony of the statement.

So, Tally will work on a blockchain (centralised I would imagine for security) and will operate in a similar way to crypto “using encryption” etc. It is also the opposite to and an alternative to a fiat currency, just gold backed.

I invest in bitcoin and gold as I believe both offer a hedge against fiat inflation (which I believe is coming big style globally) and the current way the USA can print money to hide their growing debt piles. Tally, is a little piece of that play.

To being a little bit more positive.

The name aside, which seems to split opinion, CP delivered on promise of positive news on all aspects of the business

Getting some income, customer traction and relisted will now be their focus I presume. With our new director charged with the marketing side I guess. Railsbank have shown you can make a lot of noise on twitter and raise your profile very quickly. So when the market does a Tally of the number of new customers at relist time hopefully it will be positive news for the SP.