Member Info for Alfacomp

I am particularly interested to see:-

A joint project steering committee between DBSA and Lemur has been appointed;

Sounds like we now have the bankers on our side which will help us get the finance across the line.

These go down very well with me :

The facility will assist in funding the completion of the project development activities and advisory services for the Imaloto Project, thereby enabling Lemur to reach financial close.

Review and sign-off of the power bankable feasibility study (BFS) has been completed by Sinohydro.

gkb - do you really think it would be good sense to publish what we are doing on that subject.

It is not quite that much gkb47 I estimate closer to 25M

Headancer after 4pm and before the close of trading at 4:35pm there is actually 637,749 Buys - versus only 250,968 of Sells

This of course is helped by the person who seems to be buying 200,000 shares every time the price goes up by a quarter of a penny.

gambit - it is not the Energy Storage Committee meet there so there is no obvious reason for Mikhail to go, as that is most probably scheduled ahead of the International Flow Battery Forum in July this year.

most definitely not live either for a buy at 33.15p according to AJ Bell

No tension here Mikinaman just got another 10 grands worth at the great price of 33p, thanks very much

Of course when they were nett exporters of Vanadium they didn't mind the price being high.

Now they don't have enough Vanadium for their own steel needs, let alone for Hubei 500MWh (2,500 Tonnes V) or Dalian 800MWh (4,000 Tonnes V) VRFBs

Hardly surprising if they are doing what they can to make the V market volatile. This may subsequently come back to bite them if it means that new Vanadium development projects are delayed as a result. This may only apply to those projects outside China though - those inside will no doubt be less dependent on raising project finance from the capital markets.

Either way it doesn't really affect us as we are already producing and already expanding our own production volumes.

Indeed there have been examples before where china has tried to bring the Vanadium price down - a few months after the Vanadium bomb went off in July 2017 the chinese miraculously discovered 10,000 tonnes of Vanadium that had fallen down the back of the sofa and prices softened from the high forties to the mid thirties - see https://www.thebushveldperspective.com/vanadium-prices

I was trying to find a reference to the news report that detailed this but could not find it - does anyone else remember where it came out ?

Sanchex - it is the Vanitec meeting in China starting today so we may well get some insights into what is happening from our guys on the inside there

You have got to feel for the next generation of Vanadium explorers/project developers in this situation - one minute they are having the spotlight turned on them and are getting invites to speak to financiers, the next their calls are all going to answerphone.

Daddy Big Bucks - did I get it right ?

as requested

https://www.thebushveldperspective.com/trading-analysis-8th-april-2019

Would anyone like a trade analysis for the day ?

so definitely not a live price

pb940 - that is very interesting as that one was right on the line at that point - tell them I think they got the best deal of the day.

Sotrr I don't think that is correct - on the selling down to cash you will create a CGT liability in this year and then you can roll it on to next year if you like

You can take the loss forward to offset any profits made on other shares in your trading account. Not that I am advocating anyone holding any other shares than BMN. Also you want to get as many shares into the ISA as possible so you want to do this process at the lowest price you think might occur in the next year.

Chaz - I count 27 Bed & ISA's so far today