Member Info for Alfacomp

... all to try and fool people into thinking that there is selling going on, I make it Buys 85K, Sells 25K

There were biggish trades of 300K, 200K, 300K dropped in to the trading at 9:52, 11:03 and 11:37 yesterday morning and there was speculation that this might be pre-selling of yet more warrants.

I do not believe this to be true but instead I think that these were inter-MM trades from the 2.75M pot that was cornered by one of the MMs on Tuesday. I base this interpretation on the following observations:

1) There was zilcho movement in the Bid or Ask when these blocks dropped. In fact the Bid rose BEFORE the first of these trades. If suddenly 300K were dropped by a PI then they would drop the Bid saying 'please no more shares thanks, but really if you have to then we'll give you not much for them'

2) If you remove these trades from the trading and count up all the buys before 12:15 when both Bid and Ask kicked upwards then you find that Buys amounted to 1.25M - this is pretty close to the 1.4M amount expected to be left when you factor out the 657K nett excess of Buys on Monday and the 690K nett excess of Buys on Tuesday (ignoring the 2.75M). At this point the MM who picked up the 2.75M block no longer has enough shares to cover Tuesday's buying and the other MMs have to increase the price paid to us for our shares.

**** starred out - English king , 1016

kevkan, the difference between Copper and Vanadium could not be greater

Vanadium is 18th most abundant element in the crust (0.019%)
Copper is 24th most abundant element in the crust (0.0068%)

Vanadium is 2.5 times more common than Copper

http://periodictable.com/Properties/A/CrustAbundance.html

Vanadium is used at a rate of approximately 85,000 TPA V
Copper is used at a rate of 23,000,000 TPA Cu

Copper is being used up at a rate 270 times faster than Vanadium

The recent Vanadium price rise is driven by a very clearly established imbalance in the by-production route (the Steel Sl-a-g) route which will only be made worse if steel prices are forced to decline by the idiot Trump's actions.

The recent decline in Copper prices is simply the reoccurence of the trend that was happening between 2011 and 2016, way before Trump. This has been due to large supply projects coming on-stream, primarily in China, but also our old friend Robert Friedland's Oyu Tolgoi mine in Mongolia which came online in 2013. That mine, over the course of its life is scheduled to produce 430,000 Tonnes of Copper PER YEAR, that is 3% of world supply ( https://en.wikipedia.org/wiki/Oyu_Tolgoi_mine )

The post 2016 bull run on copper is primarily down to the expectation that the world will need even more copper production for all of its energy transition and eV projects. Alas the idiot Trump is doing his best to stall this, but like the complete **** he is he will not be able to hold back that tide.

nice one LS

That's right Q2 is highly disappointing as we are only making around 60,000 dollars clear profit per tonne of Nitrovan. This means that Vametco is only going to be making 56 and a quarter million dollars profit per quarter. Of this we get 59.1% which is only 33.24 Million Dollars, what a terrible situation to be in.

we reckon it is monday the 27th Aug

https://www.thebushveldperspective.com/blog/public-blog-1/post/the-race-to-join-the-aim100-279

last weekend's update here:-

https://www.thebushveldperspective.com/blog/public-blog-1/post/the-race-for-aim100-update-12-aug-2018-282

- as we as the trading analysis for yesterday, and monday:-

https://www.thebushveldperspective.com/blog/public-blog-1/post/trading-analysis-14th-aug-2018-285
https://www.thebushveldperspective.com/blog/public-blog-1/post/trading-analysis-13th-aug-2018-283

there was Richken's summary of the news that is expected shortly:-

https://www.thebushveldperspective.com/blog/public-blog-1/post/bushveld-minerals-fundamentals-aug-2018-284

I suggested an explanation in the article last night DD:-

https://www.thebushveldperspective.com/blog/public-blog-1/post/trading-analysis-14th-aug-2018-285

Indeed, it does look like it - for those just looking in see this:-

https://www.thebushveldperspective.com/blog/public-blog-1/post/trading-analysis-14th-aug-2018-285

now 27.85p to sell

knuttie - I was going to mention that - it started at 27.15, then 27.2, now 27.65 - this is going to pop very soon.

Wisha - no problem I am very much looking forward to seeing what happens in trading today.

an interesting update on the Windimurra mine in Australia for those who may be unfamiliar with it's colourful story:- https://thewest.com.au/business/mining/vanadium-surge-opens-window-for-windimurra-ng-b88928360z

They need to spend another 127M AUD (92M USD) to get production of 7750 Tonnes of V2O5 (4340 Tonnes of V contained) - I have lost track of exactly how much has already been spent on trying to get this plant back running.

There are some that might think that adding just one more primary Vanadium plant to the only 3 that currently exist outside of China weakens our position - that somehow a semi-monopoly could exist indefinitely despite Vanadium prices that have quintupled in the last 2 years.

This of course naive and is not possible in a capitalist system unless you have some unique IP or Mafia protection.

The simple fact is that according to the leading Industry expert we will need two of these plants coming online each and ebery year until 2025 simply to keep up with V demand even if there is ZERO extra demand for Vanadium coming from VRFB batteries - https://www.thebushveldperspective.com/blog/public-blog-1/post/vanitec-4th-energy-storage-meeting-part-1-274

thanks to jay12 and Investor81 for providing useful information for this analysis. Tomorrow looks interesting.

https://www.thebushveldperspective.com/trading-analysis-14th-aug-2018

AM - I think Largo paid back some of their debt, but I must confess to not being up to date right at the moment. It would be good to understand what their enterprise value is - then we can do a straight comparison on that basis. Anyone wish to join the growing band of TBP contributors with this as their specialist subject ?

thanks Chapel12 - happy to do what I do because we have such a great community here.

Tyfoon I didn't get it can you send again to editorial@thebushveldperspective.com

Certainly does seem to add up - however the question is have all those shares already been sold to PIs or is it possible that one market maker has simply decided to take them off the hands of another, i.e. playing a long position. If they did then it would of course now be in their interest to sell them at prices higher than this, so the SP should rise regardless of whether the 2.75M were held by a market maker or a PI - the point is they are no longer in the hands of someone who is saying 'see if you can get what you can for them I'll take cash'.