Member Info for Alfacomp

As something to compare with you might consider this: http://www.arianne-inc.com/en/mining-project/technical-study

Phosphate mining project producing 3Million Tonnes of 38.6% P2O5 concentrate per year
from 6.9% resource grade

Nett Present Value $1.9 Billion

RK - the SXX polyhalite doesn't actually contain any phosphate as far as I can tell

http://webmineral.com/data/Polyhalite.shtml#.Xg8aIBf7TUI

Mikinaman - the 2016 PFS for Mokopane states that the pits would be 192 ha total.

That is approximately 0.004% of the size of the Australian bush lost to forest fires in the last month (5 million hectares) - so anyone who tries telling you that these battery mines take up too much space and don't look pretty enough can get stuffed cobber.

Ophidian - that second piece of information is the really interesting one - it means that it can readily be converted into a saleable fertiliser. The P2O5 concentrations of typical fertilisers such as TSP and DAP is 46% so 37% just needs to be bagged up and price stamped on the outside.

what must really be terrifying the Market Makers is that the largest sell today is only 26,540 shares.

Put simply nobody is freaking out.

Now it is over 250,000 more Buys than Sells

pb940 - the region labelled 'phosphate zone' is actually in the geographically distinct region associated with the PQ VTM layers ( https://www.thebushveldperspective.com/slides/slide/mokopane-strata-vanadium-iron-phosphate-65 ).

The 2016 PFS for Mokopane was predicated on low V2O5 prices so only considered the highest V-grading layers in the MML and AB bands so I think doesn't require the digging of phosphate. But we could if we wanted to...

pb940 - I recall something on the radio yesterday about phosphate in morocco - can anyone remember what the phosphate prospects are in Mokopane ?

more Buys than Sells today ... and yet the SP appears to be 2.35% down - is that nonsense or what ?

He's been at it for over a decade - for example have a look at this:- https://twitter.com/ClimatePatriot/status/1177753652548657154/photo/1

YTSS - I took one look at that and realised it was nonsense when I saw who the author was. That Bjorn Lomberg is a well known climate change denier who recently suggested that climate change doesn't exist because not enough people are dying

https://twitter.com/BjornLomborg/status/1177703259475189760

Sanchez - perhaps John Meyer's confidence is based on the fact that the Main Sales and Purchase agreement for the buying of Enerox by the BMN led consortium is due imminently.

Sanchez - you may wish to add this information to the library

https://www.youtube.com/watch?v=V9sDIoD3IHg&feature=youtu.be (towards the end)

Looks like John has really embraced the VRFB technology story now. It looks like he knows something that perhaps the market does not yet know or appreciate.

No I think they will have to leave it for at least three months

not if that behaviour directly contravenes their published rules which are required to maintain SEC compliance.

No they cannot be buying back in as they have rules about minimum volumes which need to be passed for three assessment periods in a row before BMN can be put back into their index.

The trading appears remarkably balanced at present so we must conclude that there is some larger buying in the background that we cannot yet see

Bid continuing to rise - one of the MMs is struggling to get the shares they need. This is how the market works - they sell what they don't have then try all sorts of games to get the shares they need at lower prices. That way they can consistently bleed value from companies on AIM.

It is blatant opportunism and something of a disgraceful way to make money, but it only works if people have no idea about the companies in which they are investing.

Yep looks like 20p has been the dividing line all morning. 20p for 2020 seems short sighted to me.