Member Info for alfredh

Disappointing results on all accounts! Vametco falls short, Vanchem falls short, dam issues, guidance cut, Belco can't find customers for their product. With that kind of results doubts only grow bigger with regard to how the company could ever get to repay its debts. Production falls short, Vanadium prices near two year lows, China steel production curbs in effect. As it is alway the case, the rampers' exuberant optimism was exposed. Nothing but lies and hot air to make others step on the BMN money trap.

That's watching a die-hard ramper dreaming. Inflationary costs pressures are significantly up, ignored. The Vanadium price has hit a two -year low in the 2nd quarter, ignored. If you believe these had no effect on earnings, dream on! Reality will be coming back to bite you.

A couple of green days in a row, that's an rarity. What I'd even more like to see though is a good REASON as to why the stock is up. As it is now, it's all due to hope and hype, nothing substantial. Let's see how far this can go and what happens when the next operational update comes out and disappoints like all recent updates did.

"They have enough cash, for the next 12 months." That, however, is a gross misrepresentation. That's rampers style, probably why I confused you with one of the Pub sort.

I apology for confusing you with somebody else. I guess it was HarChris or some other ramper who constantly stated that.

And that's what's going to change soon. It's that's what drives the share price lower. Lost 14% yesterday, down another double digit figure as of now.

How about your "BMN will repay Orion with cash flow from operations" nonsense? BUSTED!

Haha, this will be another of your pipe dreams that eventually get busted.

A cash raising is a given IMO even after a so-called "successful" Orion refiancing. That's why the stock takes another hit as reality sinks in.

And there are still ppl who believe Orion was stupid enough to pay 214% of it.

"especially if Vanadium prices do drop."

IF? They have dropped already.

https://vanadiumprice.com/

https://www.fastmarkets.com/commodity-price/vanadium-pentoxide-98-v2o5-min-in-whs-rotterdam-mb-v-0001

https://www.investing.com/commodities/ferro-vanadium-80-min-united-states-futures

Vanadium is at a multi-year low!

"Making themselves look like f00ls is not their intent."

Well, someone who pays double the current share price clearly looks like a fool to me. Orion could elect to pay 5p or 4p and what choice would BMN have other than gnash their teeth and agree?

Https://www.miningmx.com/top-story/53653-bushvelds-mojapelo-in-fiery-farewell-as-investor-fumes-of-buzzwords-vague-promises/

Once everybody believes the company had hit a rock bottome low, it once again surprises to the downside. Happened on a regular basis during the last couple of months. Now sub 3p. How often will I get to report a new 6-year low in the coming weeks?

Squirty, they can easily agree on proposed terms since it is a non-binding agreement anyway. In other words: They can change the conditions at any time.

So much for paying back the Orion loan with cash flow from operations. That was the rampers' matra for the last year or so. BUSTED!

3.17p. Fact!

And it's a fact. This simple fact goes a long way exposing the nonstop ramping that is all over the place going on for years here.

3 weeks ago? How this was supposed to be the start of the stock staging a comeback? All gone!

New 6-year low!

The sun is shining and Fortune never makes any mistakes!