Member Info for Alfacomp

probably worth an email to info @ lse.co.uk

are you sure you're logged in KN ?

How does our SP compare with theirs ?

how do our profits compare with theirs ?

that there was a change in behaviour yesterday - not just the SP rise, but the fact that after an initial attempt to hold back the price with 200K, 300K and then another 200K sells there was a much more limited attempt to hold it back later on. It would seem that control may have shifted from one market maker to another.

Despite this the balance of trades is reasonably close to neutral - meaning that those Market Makers who are now actively engaged in making the market are not currently taking long or short positions - that is they are selling to us only what they can buy from us. They are doing this because they dare not take a short position with so much good news due so shortly, but equally they may not be able to take a long position because 1) we will not sell them that many shares, because we are not so dumb and 2) the market maker that was handing out tame sellers shares seems to have stopped doing it as they may have run out of shares or enthusiasm for indulging their competitors.

Thus if the currently in control MMs can get shares to sell they will be more than happy to move the price up in order to sell those shares at higher prices. if you are buying then the race is therefore currently on to get in before the rest of the herd.

thanks for confirming miner69er

Indeed Ophidian - what starts as a snowflake can turn into an avalanche.

it's the last of the huge Market Maker rises

Setcentric - thanks for the link - just listened to it. I think Chris from Croydon has got the right idea, and would be more than happy to respond to any questions from LBC just as long as they are not put by Farage or Ferrari.

I was wondering when it was going to turn up on LBC - alas I cannot get the globalplayer catch up app on my OS. Any idea who the presenter was ?

Richken - yes we have seen how careful Fortune is with getting all his ducks lined up in the past. Vanchem (pronounced 'K'em as in 'Chemistry') will be no different and whilst Vanchem could work with Vametco/Brits ore (perhaps it may have even done this already ...) it is clear from what Fortune has said that Mokopane is the intended supplier for that site.

DaddyBigBucks - the key point is :- "Of particular concern is the requirement for all home battery systems – even those rated by Standards Australia as having negligible fire risk – to install complicated and costly fire proofing measures on installation."

So despite VRFBs having essentially zero fire risk they are also caught up by these 'standards' which have been drafted by those that wish to keep Australia wedded to their polluting energy generation strategy.

At 16.5 Tonnes of CO2 emitted per person per year Australia is one of the world's dirtiest producers of energy - even higher than the US. In fact Australia emits more CO2 than the UK, despite having less than half the population.

https://en.wikipedia.org/wiki/List_of_countries_by_carbon_dioxide_emissions#/media/File:Total_CO2_emissions_by_country_in_2017_vs_per_capita_emissions_(top_40_countries).svg

NorthBank - it might be worthing point out that the financing to which you refer is your own, not Bushveld's lol

Rob - some of these may be from spivs who got placing shares at 10.8p in march 2018 simply flipping for 100% profit.

I'm happy with that - we make regular healthy profits. The VRFB industry can rely upon stable pricing and certain traders who will remain nameless cannot speculate on huge price rises for the commodity. This is precisely what BMN needs, and is trying to create.

On the subject of Mr Waites, it is of course curious that he abuses those that use chat boards to share information in a reasoned and rational way. He dismisses everything here as simply the opinions of the great unwashed but of course assumes that we are meant to take his opining as if it has been brought down from Mount Sinai.

Perhaps John Meyer was not quite so prepared to listen to Mr Waites rant precisely because he was aware of the great research that has been jointly undertaken by the BMN shareholder community and this board here.

Indeed RK - fortunately Justin Waites sold out at 3p because he was getting bored so he missed out on a 600% rise in value from there.

Pete if you want to understand some of it read this:- https://www.thebushveldperspective.com/blog/public-articles-1/post/the-end-of-erongo-260 in order to do that you'll need to understand trade analysis like this :- https://www.thebushveldperspective.com/blog/public-trade-analysis-6/post/trading-analysis-8th-12th-april-2019-421 and the concept of market makers being able to sell short on the shares they are trading. Then you'll be about 20% on the way to understanding what has been going on here.

Sorry it must have been -12% (roughly) per annum.

I wonder if the people that have run it have had 60% pay cuts in that time ?

Bella - TPEP wants to close their short now because the SP is inevitably going to rise following the completion of the Vanchem acquisition. I don't think any serious shorter that had done any homework would have believed that BMN needed to do a placing to get Vanchem over the line, though there might be some amateurs who haven't bothered to do their background reading and may have presumed that they might have had to do what the majority of AIM companies are forced to do.

My point was that Vaneck, if they are smart, will hang on past 26p when disposing of the BMN shares that they have told themselves that they no longer need. This kind of unthinking behaviour might explain the lame performance of their fund over the last 5 years (down 12%) - in the same period BMN is up 558%.