For the love of god can we please stick to the brief. There are people who come on here to gather information to help with decisions.
Can we please just ignore YinYans finger in the air predictions and the Chinese restaurant owner called Hamish!!
Rising to them is just stopping genuinely interested investors even bothering to come on here.
I know some of you (me included) have lost a huge percentage of your original investment and, like me, have probably written it but stayed invested.
I feel pretty optimistic about this but what are other people opinions?
Do you see this merger and potential diluting pushing the SP lower?
Where do you see this in 6 months/ 36 months time?
Would you buy more on the back of this merger with Avalon?
We shall see.
Given the instability of Redt I would have concerns but now they have merged (or possibly are about to merge) with a company that is backed by Foxconn and have agreed a leasing model with BMN for Vanadium other things now come into play.
I would certainly be more confident as a potential customer in that scenario.
Although I do accept your point is this really the lost cause we all seem to think it is?
The Vox markets site today says
REDT ENERGY (RED) announced that one of its 300kWh flow machines has passed testing from National Grid’s FFR service, one of the most valuable balancing services available in the UK market today.
I agree with your sentiments 13th monkey.
I also have a practically worthless holding here having lost 80%.
But the company now looks like it has the possibility of not only surviving but actually achieving something so I shall be staying in for the ride.
After all, they are in a business sector that will explode over the coming years and if they get just a small chunk of that..
Yes I guess my 1p shares may be worth a fraction of a penny in the short term but who know in 3-5 years.
I shall watch this carefully - who knows if I feel its going in the right direction in a few months I may even buy when the dust settles.
You said yourself yellowf1 "I have no doubt it will survive" - you wouldn't have said that last week.
Implementation of the International Cooperation Program on the transfer of Vanadium battery manufacturing technology between VIPTAM Technology Application Institute and RedT Energy Renewable Energy Technology Group. Ltd. (United Kingdom), aims to supply and install Vanadium Battery equipment in Vietnam. With 20 years of experience in the Vanadium Battery technology and clean technology market, RedT Energy will partner with the VIPTAM Institute to transfer this technology to Vietnam through joint ventures.
Current loss £46??
break even 37p ( March 26)
Current SP 12p less at 25p
46 divided by 12 = 383
Is there something wrong here with my maths or is dashriprocks the proud owner of 383 shares.
If so the statement " only in for a few K" seems incorrect.
Can someone correct me on this?
I believe the JSE listing will stop all the daily shenanigans on the AIM.
The SP should stabilize and follow the fundamentals and Vanadium prices more closely.
This is probably likely to cause an uplift in SP as ii's in SA pile in (if they do!) - we are told they are waiting in the wings.
In the absence of a big increase in vanadium prices the JSE listing is the most likely reason to hit broker targets in the short term - that is before BE start to affect it.
If the dual listing is around August and there is no news from BE then I reckon at least the lower of the broker targets will probably be here before the year end.
All just my opinion of course
Moving from one exchange to another is different from a dual listing.
A listing for Bushveld on the JSE should stabilize the sp.
The sp on the AIM will be directly affected by the share price on the JSE and vice versa, the kind of large swings we have seen on here will only happen if it happens on both exchanges at the same time (more or less).
Will this result in an increased sp? anyone? - I think possibly but I am far from an expert.
Whatever, it will mean that all of us here will probably be following the sp on the JSE just as avidly as the price on the AIM
This is a year old now but it fully explains why I invested here.
Anybody visiting this bb and interested in the potential for BMN with a view to possibly investing should give this a thorough read.
THIS is the reason I and all the LTH's on this board are invested.
Apologies if its already been posted
I don’t normally post on here but I am getting sick of reading the Stuff on here.
Catastrophic, ShearClass, Fizzydrink, Richyp123 – it is obvious what you are trying to do.
I guess I could be included in your “nervous investors” as I am well underwater at this sp but I won’t be selling.
What I see here is a solid profitable company that is going places.
I know the drop in Vanadium price and all this false manipulation is currently hurting my investment, but I also know that a lower price will also make VRFBs much more of a viable alternative to Lithium and it is the potential of VRFBs that made me invest – not the rising value of Vanadium.
I am interested in renewable investments and, to be honest, they don’t get much better than the potential of this company – profitable, self-financing (to a high degree), no debt and a great big foot in the door, and a head start, of what will be the biggest, fastest growing industry in history.
I have absolutely no doubt about that.
Catastrophic, all of the others and the current sp are just background noise to me it’s where the sp will be in 3,4 maybe 5 years that I am looking at. If they pull it off with regard to VRFBs there will come a time when Bushveld as a Vanadium miner will just be a tiny part of a huge Bushveld story.
Grid level battery storage is going to be an enormous industry that will dwarf anything that has gone before and it will happen very soon
Make of it what you will but the prices for the past year follow the dips and peaks of the share price.
The price of V205 & FeV peaked in Nov/Dec and so did the share price.
It going to take a really great RNS to get this SP anywhere near the November peak unless the V205 & FeV Prices substantially from where they are.
BMN are, after all, just considered a Vanadium miner at present