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I thought maybe they were the makers of all these white Corona suits!
https://www.theguardian.com/environment/2020/mar/12/wind-and-solar-plants-will-soon-be-cheaper-than-coal-in-all-big-markets-around-world-analysis-finds
Can only be good for massive increase in energy storage projects.
I would certainly like to think so Alfa. Am still prepared for a bit more rockiness, but looking forward to resumption of the upward trajectory. Staying positive here, just wish I could buy a few more but empty reserve tank!
As a bit of perspective On HL the buy sell ratios for majors like Shell/BP/Lloyds/Aviva are all around 90% buys to 10% sells. Look at the amount each are down SP %. This is horrible today, and probably for a few more days, but things WILL recover, and will be seen as normal stock market exaggeration. I am holding firm, but would buy more of several stocks today if I had available funds.
Well said Bella. I 100% agree with you.
For anyone of a nervous disposition, do not look at any of your portfolio today.Hide in your corona bunker.
That would be a very useful marketing angle in certain areas of the UK! No offense to anyone intended!
Well done PatBPat. I didnt have a spare £100k but managed to get £1k worth for my son at 17.7p
Corner turned now. 18.2 to buy..... recently
Agree HaleSpur.
Only need to look at the Google Finance page. all the indices are down. BMN are down by about the same % as the AIM index/FTSE indices. These things are nerve wracking at the time but normally a small blip.
Not just us. Look at the market generally over the same period. We've fared better than some, and will recover and move on.
No problem.
Quite right Buzzzipster.
When VRFB becomes mainstream (not too far off imo), it maybe that our SP will actually increase as Vanadium prices reduce. A bit like gilts and bonds when interest rates are reduced. The biggest winners with BMN will be those with the long range glasses, not those that use a magnifying glass to look for a daily change in the V price.
Thanks JMC69. Quite a nice little summary for a newbie.
http://clarioneventsmedia.com/Media/MiningReviewAfrica/2019/2020Elites/index.html?r=76
See page 40 for BMN
Agree Pdub. I know they are not 100% accurate, but interesting when you look at the google finance SP graphs of BMN and LGO.
Both have strong growth, peaking on 16/11/18, and then a steady decline. these do tally pretty well with the V price. As you say BMN did peak again around 18/12/18, but the Google graph seems to have missed this 2nd peak.
I do expect that in a year or so we will be looking back at this period as another SP low for both BMN and LGO before a good SP growth period through 2020. It will be interesting when the BMN SP growth starts to tally with the BE part of our story. That may well be far more exciting and lucrative for all of us.
I think I have needed to read a few of your positive analyses posts recently BBN. Thank you for reinforcing my faith which has been taking a hammering of late!
There used to be a fizzy drink named Corona, when I was a kid......Long gone now!
Agree @RichKen regarding long term future of junior oil and gas companies as investments. On the other hand, I suspect that some of the huge blue chip oil and gas firms have already started the planned diversification into greener fuel technology. I wouldnt bet against BMN being purchased by one of those dinosaurs, in the next decade, as they try to maintain a guaranteed revenue stream with the "next black gold". Either way its great for us.
Only just managed to read the RNS, as busy busy day. All looks SUPERB to me. Wish I had more to invest at this crazy low price.
There is absolutely nothing negative in todays news.
Thanks RK. Will be interesting to understand their product pricing in relation to Vanadium pricing, or if they offer a long term lease. I think I saw mention of a 100 Euro Part Exchange at end of life of unit, (seemed slightly low to me).