Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
So, no one is to assume Fortune's 'innocence' HD, but you can prejudge his 'guilt' without facts...? ...nice.
So I make it that Enerox could be tentatively valued at $77m (based on the $10.5m paid by Mustang for their share)...BMN ultimately have c21% of Enerox, and therefore c$16m value...
But anyone feel free to correct me...other numbers more than welcome!
Thanks DBB; be great if they can, help build some momentum, and start showing what can be achieved with steadier higher production level, reducing costs, and decent if not brilliant V prices...fingers crossed...!
King5hott; looking back at last few years I think Q3 update has come out around 7-9th Nov, with 2020's one delayed a week or so...so we may have to manage our expectations for three weeks unless the company can get something out earlier than usual...?
Never post Mikinaman, but still here, patiently waiting…! Hope it’s a good day for all, followed by a peaceful and enjoyable Bank Hol (where applicable!)
And good to see Invinity specifically mentioned as a case study in the UK Government's Smart Systems and Flexibility plan, published today (tweet from IES)...seems this country as well as Spain may be really starting to see the benefits of the longer storage capacity of vanadium flow batteries, and their place in decarbonisation...
Absolutely, and personally HaleSpur, a nice picture of the Mini-grid's physical progress, if any, wouldn't go amiss, and regular ones of the electrolyte plant...picture, 1,000 words 'n all that...or looking wider, maybe even a comment on how Lemur is progressing (or not)...? Frankly anything would be nice; going to need gills soon...still, keeping positive for the longer term!
If I have my sums right, since May 1st (when Acacia were at c46m shareholding) c 100m shares have been traded in a range between 17.5p and 15.5p, which allowing for spread doesn't leave much room for in-out trading gains. My possibly incomplete thinking suggests if these were split broadly 50:50 buys/sells, there have been 50m 'sells' (ie from existing holders into the market) since May began...and as Acacia haven't informed of a drop below 3%, the most they could have sold is c10m...so someone else would have to be selling the other large chunk of 40m? There can't be many holders with averages good enough to be profiting at that level?
Bit academic I know as it is what it is...but am finding the whole disconnect between fundamental value and share price, and lack of seller transparency/communication increasingly grating...
I think it's easy to look at price in relatively short time frames...depending on the period you look at, $35 rising to $120 and back, would equate to the same as an average $40 etc...all markets fluctuate, and we may have leaner periods on price and higher ones; longer term we should average a decent average I would expect, unless structural demand fails completely, which looks very unlikely, I'd say...
Cheers 1210, just checking i’d caught the detail. And as mentioned elsewhere, what’re the chances no local vanadium will be needed for that storage...??
So if i heard correctly, over 400mwh is confirmed as PV+ battery storage..?
Just for giggles, Radio 2 were doing a feature a few days back at about 7pm on people’s favourite battery...i was delighted when they read out my text saying i was rather partial to a vanadium redox flow battery! Not sure what Joe Lycett made of it, but airtime is airtime!
Buy Up Shares, Hold; Vanadium Energy, Life Defining...
HYN all...
Sounds like there are a few of us with c17p averages...and after an uncomfortable few months it’s a massive joy to see some blue...but, nothing has changed. Held through the tough times, will hold through the better times...the company has a long way to go, and personally it has been the market not the company that has given me the most sleepless nights. Looking forward to a much brighter 2021, and hope to see a lot of you this time next year to celebrate the BMN really coming f age.
Am I being dim (probably); doesn't that state a year after transaction close they can choose to take 5% interest pa, or wait an extra year and get all their money back in cash plus accrued interest or neither, and convert 50% to shares after a year has elapsed at the ten prevailing price, and can do the same with the other 50% a year later (ie two years after transaction close)...?
Well done that man; love your work!
I love that map...it shocked me that my own fine city already boasts a vrfb...who knew! Next the world..!
Big thanks to those posting notes from the forum; not been able to watch so great to hear the many positives.
One of my very sporadic messages...just wanted to say I feel I know many of you on here very well, despite never having met. It is, as they say, a funny ol’ world, and never more so than at the moment...but there are, I sense some (not all!) great people behind the screens of the Bmn board and I want to wish us all well in these tough times. And leave my personal thought that valuation is not the same as value...and I look forward to celebrating with you when the two start to finally coincide. Best wishes, true holders.
As an infrequent poster beginerman, I don't consider myself a 'disciple'...but I can understand all of the positive potential arguments, especially as they are almost always supported by facts and figures. Personally I therefore feel there is a very strong case to the upside, and a significant one at that; otherwise I wouldn't be here. You can choose not to agree with the points put forward, put counter-arguments and ultimately decide on the level of upside you think is realistic of course.
Recently there have been a number of calls about so-called 'balance'. A number of posters have been quick to suggest the potential upside being outlined by positive investors is 'unrealistic', rose-tinted, etc etc. Either side could be right (although as a holder since 2017 I tend to err towards the factually supported arguments, which have been overwhelmingly positive)...we shall have to wait and see.
But more importantly, for me at least, I've yet to hear ANY convincing, factually supported, downside arguments regarding the fundamentals of the current business. And as an investor, the idea of a business with limited identifiable risks but very high possible potential, sounds pretty good to me...
So maybe the reason the board feels a bit 'groupthink' is that there have yet to be any convincing negative arguments put forward?
Thanks James2k66...must have been a rare lucid moment.
Bit worried I’ve put everyone off though this morning...? So to try to entice them back, can I point out V price appears to be up again...