Member Info for alfredh

3.70 close. Well done, rampers!

As soon as the results were released, the stock began its most recent decline. If the resuls were "good", why then does the stock tank? The majority of the market shares my assessment and the share price proves it.

Wow, this is getting ugly.

The good thing is his censoring remains unsuccessful as the truth will always prevail and the share price will act accordingly. No amount of ramping could have prevented this stock from sinking when operational results are as bad as they are being reported.

And the stock keep tumbling further and further. But never mind. Just have the posts stating this simple fact removed and the sun is shining again.

Setting one new multi-year low after another. With V prices declining for 7 weeks, not exactly surprising.

Stock is down again. As it is usually the case here, all hopes for a share price lift due to an operational update have been crushed. The cheerleaders continually refuse to learn. BMN share price remains in striking distance to its multi-year low. Funny how stating facts brings out the dimwits army.

FACT!

the operational results fail to provide any uplift to the share price.

Comical. For how many years do you keep telling ppl the prospects were great, sky's the limit? In reality, however, the stock tanked further and further. Once you turn bearish, that's when ppl should start buying! LMAO

with regard to yesterday's assessment.

https://www.energy-storage.news/flow-battery-sector-responds-we-can-meet-specs-for-513mw-south-africa-tender/

"flow battery projects will not meet the RTE requirement"

https://www.energy-storage.news/south-africa-513mw-tender-has-challenging-requirements-and-flow-batteries-do-not-fulfil-spec/

"Opportunity Cost Of investing in this outfit over the past 5 years has been astronomical". It's a simple fact. And no flood of ignorant words can make this fact disappear.

The rude (or ridiculous) thing about pdub's post is the fact that he completely ignores the point that hmhg makes: Missed opportunity cost. pdub - as usual - replies with a flood of words that simply don't address the issue that hmhg had raised. That's exactly the definition of being ignorant.

Posted on 10/25/2022, more than 3 months ago:

Quote: "Vanchem quarterly production of 350t is an encouraging improvement over Q2 (191t). However, the press release implied the next miss ahead: Indeed, Vanchem's (already lowered!) annual guidance is maintaned at 1350-1540t. However, Q1-Q3 production = 765t. In order to meet the lower end of guidance 585t are required in Q4, equivalent to 90% of nameplate (2600tpa). Q3 production rate was 54% of nameplate with the September rate lower than August's. Achieving an average production rate of 90% nameplate in Q4 at Vanchem, up from 54% in Q3, would be highly unlikely during "normal times" already but is perfectly unattainable with the current rate of load shedding. Rest assured, Vanchem is going to miss the already lowered annual guidance! "

That's cheap, broken record. Right at the time when the forecast was made, I as well as others had criticized the continued overpromising. It was obvious back then that Vanchem guidance was guaranteed to be missed unless a miracle happened. That's the exact oppositve of what you invent to be "hindsight forecast". Uuuh, guess what, the miracle didn't happen. It's yet another case of overpromising and under-delivering. Hence the stock gets pummeled, well deserved. Just as cindercone said: Mujapelo doesn't learn from his many past mistakes.

"South Africans should expect continuous stage 2 to stage 3 power cuts for the next 24 months"

That's pretty clear. And as we have accustomed to, Eskom never fails to disappoint. Unexpected outages, tripping units, missed repair schedules are a regular occurence. Consequently, I deem stage 2/3 as a best case scenario.

"Although solar and wind power plants could be built in a fraction of the time, Le Roux explained the grid itself doesn’t have the capacity to bring power from where it’s generated to where it’s needed."

https://mybroadband.co.za/news/energy/475831-big-problem-with-eskoms-grid-south-africa-faces-10-more-years-of-power-cuts.html

What people ignore when they focus on the Vanadium price only in an effort to predict the company's future, is the fact that profits are revenues less costs. When costs grow faster than revenues, profits shrink and so does the share price. That's what happens for two years now. It applies to both primary Vanadium producers, BMN and LGO. Same story, only BMN additionally suffers from SA corruption/loadshedding. The result is LGO is a loser and BMN is an even bigger loser.

https://ibb.co/2ZRm445

BMN stock is down -79,5% while the underlying commodity Vanadium is up +66,4%. Yet there are numerous fools out there who continue to pretend BMN was a success. Unbelievable but it's the sad truth.

https://ibb.co/GTDMfZX

Sends a clear message.