Member Info for Alfacomp

fatbanker - that's one of the first really well researched articles that I've read on the subject - great find.

Orange88 - your initial assumption, that the share price should reflect company fundamentals, is clearly not borne out by previous behaviour earlier in the year. The share price will move up when news lands and buying pressure overwhelms the Market Makers, and share sellers, ability to hold it back. Witness Erongo.

the usual, deferred from yesterday ?

Pdub - the company does receive a lot of publicity from other sources - there is this board for a start, then there is the Bushveld Perspective which has as many followers on Twitter as SP Angel have managed to get in the last 4 years of covering dozens of other companies.

There is no point in trying to distract by levelling accusations at ARC for bringing in placees - that is no doubt what they were asked by the company to do most probably because SP Angel were not doing the job.

Obviously Meyer knew all about the Sojitz deal long before it finally happened - after all he was the one who let slip about it many months before. CG is bang on the money when he says that these guys don't like being proved wrong and like it even less when it turns out that it is the unwashed masses that are doing the proving.

It is my opinion that it is not inconceivable that before long we discover that the spangles are no longer our brokers, and that it may turn out that this is Meyer's way of getting in a bit a of a dig before that is announced.

Mapochs is only a mine not a processing plant - that is Vanchem. We already have a mine and two incredible greenfield resources so perhaps another mine is not altogether really necessary.

BeingPatient - that's very interesting information - at what point can we expect to move to a pure SETS market

Faramog, yep I have it blown up to A0 and framed.

Sprites - financial buybacks like those smack of all-to-clever financial engineering. We don't need to do any of that stuff and could afford to start paying a dividend. Precisely as FM has intimated.

Endion agree with everything you said except the unnecessary part. It is absolutely necessary for them to do this to hoodwink people in this way.

Explaining clearly to the investing public what is really going on will level the playing field a little.

Being patient - it is truly remarkable how the impression that L2 gives (all MMs standing steadfastly together on 28.5p) is so massively different to that shown on the real market shown on RSP - 1 Market Maker bravely offering 50K of shares at 28.125p and then nobody up to 29p.

L2 is like shadow kabuki.

200K more buys than sells so far this morning.

Yachty - if you would like to share the information about your unfulfilled trade request so that we can start monitoring these then feel free to email editorial @ thebushveldperspective.com - anonymity of course preserved.

Nice idea cozza but I suspect that she will have lost him at the word Vanadium.

I remember being in the House of Commons a few years back for an innovation awards ceremony that I was involved in judging - how we ended up getting a Lord/Lady/MP who spent all her time explaining how she was no good at science at school but I'm sure whatever it is you do it is I'm sure really jolly important I don't know but I know it p*****d me off no end. Crap canapes also.

LS - it wasn't a criticism it was just pointing out that all the different pricing that is available on Vanadium compounds and alloys can be very confusing for the newcomer.

Then we get to the interesting issue of Chinese Vanadium Nitride (14%) which is currently at 656,500 RMB/T - BMN's Vametco offers Nitrovan in 12% and 16% Nitrogen formats - so their quoted 14% is somewhere in the middle. Both Nitrovan 12 and Nitrovan 16 work out at close to 80% Vanadium (the difference is just the amount of Nitrogen they can get into the material)

Thus if we assume that both our and their Vanadium Nitride is 80% Vanadium by weight then that 656,500 / 0.8 turns into 820,625 RMB/TonneV (when in VanadiumNitride form). This is 118.6 USD/TonneV so aligns fairly closely with the 120-130 USD range we are now seeing per Tonne of Vanadium in FeV form.

MatteBlack - thanks for raising the question. If they want to see the 11 Broker upgrades since then then they can consult the following page:- https://www.thebushveldperspective.com/analyst-watch

Others may wish to email info@lse.co.uk

Thanks for the confirmation LS - I see that your buy at 9:41 was marked as a sell by the lse board at the time. No such problem for the TBP trading analysis.

https://www.thebushveldperspective.com/blog/public-blog-1/post/trading-analysis-11th-oct-2018-319

Do we have a link to the latest broker note that gives the 37p upgraded price ?

MatteBlack - good question - we should all email info@lse.co.uk to ask them the answer.

Loudspeaker - 495,500 RMB/mt works out at 66.6 USD/tonne.

A mistake ? No - this is for FeV (50%) - so only 50% by weight Vanadium - thus the USD/KgV price is 133 USD/KgV