Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
So in the past few days we have seen a massive roll out of strategy, with much more to follow I’m sure. FM & NM are visionaries in the same way that Elon musk is. Tesla have positioned themselves front and centre of the LI battery stage and we are doing the same with vanadium flow batteries. Tesla mcap $62bn. Ours £220mn. One day soon we will have our £1 party followed quickly by our £5 party.
Ergo, the drop in Vanadium price is the excuse for manipulation of the share price. Not the cause of the drop in share price. Off AIM soonest please.
It’s my birthday today, had plenty already so no big deal, but a nice RNS relating to BE bankable news would go down a treat.
Come on Nik, bring us LTHs some cheer.
Inevitable early morning tree shake by the MM to try to pick up some shares on the cheap. If you sell, they win. simple.
hold for a blue finish today. (I expect 25 on the bid at some point today).
Remember you sell, they win.
Bassguy, you only wrote what we are all thinking. BB
@bassguy, good post, recommended. However I think full Mokopane is worth very much more than a few pence. BB.
Not very busy today. People sitting on their hands. Don’t understand why. These prices won’t be around for long. Van chem closure tomorrow. I’m expecting another RNS aside from vanchem tomorrow.
@numpty.
Hope the holiday is going well. When might we expect travel tip #2? In eager anticipation. BB.
So expert, can you tell me which automobiles were affected by the 10mph speed limit in 1861?
Thought not.
and another letter sent. screen shotted page saying NT to buy at 9.05, 9.07
So it seems that the MMs have been pegging us back so that vaneck can pick up some shares on the cheap. It may also be that vaneck have finished their shopping spree at these bargain prices. If another II comes on board, who is to say that this won’t be repeated again for the next II.
Groundhog Day until we move from AIM onto a proper market.
Fundamentals solid and prospects are amazing, so hold long and strong and don’t let these scumbag MMs profit from your shares.
Good work dryland. Thanks.
5-7 years wait. This will be forgotten about by then when we are at £3-£5.
seem to remember Toto was an annoying yappy little dog......
good luck Bushies, thanks to Alfa for clarifying the remx situation. here's to next week.
Lmao. Nice one Jag.
@faramog,
I am nearly 51 and plan to retire at 55. My timescale is 2023 at £5 per share. We are not so far apart.
Good luck all.
@faramog. Re SA junk status, agreed but many London listed miners have their main operations in continental Africa.
The forward p/e of 9 to give £5bn mcap would be profit of 550m. Less than 10x what we have for this year. Mokopane will facilitate a threefold increase in production . This without any revenues from BE.
Totally accept that we have been shafted recently and that 70-80p May take a while. Happy to wait a while but I am certain that we will be making 500m profit soon,
Ebitda for first 6/12 is $41m. Reasonable to expect fy to be $80m or £65m. Gives pe of less than 5.
Miners average is approx p/e 9.
Should be on about 600mcap without today’s news and without bushveld energy valuation, without future revenues from electrolyte manufacture, without the ramping of production to 10kmtv that mokopane facilitates, without BESS and so on.
Today has been a great day for holders who stuck with this beauty through the bad times, there have been great frustrations over the past year, with many wishing to add their negative spin. The time is now right. 10kmtv and p/e of 9 should take us close to £2 a share. Add on BE leasing revenues and profit from electrolyte manufacture is £5 really unreasonable in the next 3-4 years.
Buy your £5 notes quickly , while they are sub 30p.
Good luck all.
Maybe spread the good news over a few days for maximum effect.
Time to run back under your stones you shorting scum. Time to hide from this BB you naysayers. Time to enjoy the ride all of those who held long and strong, through what has been the biggest tree shake of my investing career. Good luck all.
Agreed Alfa,
from end of March to end of April sp declined by 40%. seems reasonable to expect a similar tick up. Now here's the question. Are we a better company than we were in March, before all this nonsense started?.......Well I know what I think.
The train now leaving platform one for £3.00 calling at 50p £1.00. Glad to say I have half a million tickets for this train. Get yours quick. Once it goes it goes.