Member Info for BenAlder

We are just waiting patiently!

If?

Here it is when?

Just wish you had spent more time discussing the company than the players here. Too many playing the players and not the game.

Thanks. I can't recall seeing the frequency of payments anywhere, initially assumed it would be two a year. We will be cash rich this year so a special div is possible, so Eric can keep a low base to grow annually from. It always looks good when a company's divs grow each year. Exciting year ahead. ATB!

Kazakhstan is the 9th largest, and biggest landlocked country in the world. Politics seem safe for business, although the govt. is seen as authoritarian and corruption still exists, and human rights are seen as poor, but they are part of the UN and WTO. Independent since 1991. - (according to Wikip!).

I have been looking over this share. The asset is good, grades good and I think low production costs are achievable, but geographically, the transport costs will be higher. China would be the obvious market, with rail connection. Location adds to risks and costs. This will not be a quick, simple or cheap build. Need to check out the management next, but current mc/price is too high an entry for me now anyway.

Great TO target for the Chinese at some point. They need this metal. Obviously at a much higher price than this!

Anyone that tells you that this investing game is easy, is either lucky, or a liar! DYOR etc. Watching any company grow is a learning experience. Interested to follow this story for a while. The risk/time/reward investment case is not for me at this time, but if you are a holder, I hope you do well. ATB!

Are the dividends going to be quarterly or bi-annually or yearly?

Sammy. I think once you have arranged the annuity (pension), it is their money now.

Sentiment is returning here, I'll agree. The missing ingredient!

ATB!

Ridiculous statement without something to support it. Panic merchant - binned!

Shell should reduce its imports of oil and related products into the Netherlands by 40% instantly and see how they adjust to their wishes. Its the consumption that needs to be addressed not production. One drives the other! Change is coming but it is govts and people that have to drive it and companies adapt.

Well done George! Rinse and repeat. That formula has worked well for you over the last decade or more. You should really thank the shareholders for the donations to supporting your lifestyle! I know, I know, the big Boom is just around the corner. That story has never changed and you are a master at telling it as you move from one project to another. You always get a following which amazes me. No wonder you won’t retire! All the best George!

Mokopane may well be pushed down the line a bit. I was wondering why Vanchem is out sourcing ore now and the only conclusion is that it must be as cheap to do as shipping it in from Vametco. It may be economical to continue this, delaying the need to develop Mokopane. The fact that we keep 100% of sales from Vanchem must be a factor.

We have Basel III at the end of the month.

I would imagine at some time in the future, BMN will build a new plant for vanadium, either to meet demand that VRFBs create or to replace one of the ageing plants. I think Fortune will have a joint venture to build a steel plant that will produce a by-product of vanadium and maybe more. I notice that that is how he operates. BMN only own one asset 100% and that is Vanchem.

At the moment it is all about getting the V side of the business up and running. The iron ore, phosphate, and titanium, are future revenue projects that would create a huge business. Why not keep them on the back burner. They will be worth more in the future. Commodity super cycle is about to, or has possibly already started, and there will be more incentive and investment available to build these projects. Fortune thinks big, and is Afro-centric. SA making and selling steel. IDC and Govt backing. At least that is how I see it, but you never know.

Let’s just concentrate on getting this business to be the cash cow we hope and expect it will be. The other stuff is all upside, or security, in case VFRBs get replaced by some newer better tech, or FAR crashes the V price! ATB!

I think you are right about SC. They have been selling out on HUM for a while and it is rumoured that they were offering a bond at whopping interest so a somewhat distressed seller perhaps. At least the shares are getting churned over at a good rate and hopefully wont drag us backwards.

“USA not having any good quality Vanadium deposits of its own and stepping up its use in building and batteries.”

If you consider this. Building a large VFRB battery base gives them, or other countries in a similar position, future emergency supply stocks. It’s a huge tonnage. Strategic metal shortage problem mitigated. Worthy of govt. subsidies of vanadium used in VFRB projects? A clause in there to say, We can buy your vanadium back in times of National crisis.

Fortune, give Biden a call!

USA have just made it compulsory to report all crypto trades over $10,000 to the IRS. Writing is on the wall!

A few punters on here stated that they were off to crypto. Much of the outflow from that market is likely to end up in PMs, but a fair whack will come back to the equity markets, especially commodities.

Anyhow. Any stimulus to get the buying going on here is good news. Then (just to please Faramog), I would'nt what to be out of this..... well north of here. I see we have fallen back. Not this time Rodders.

Go Coffee, Go! Pump up the share. Yep agree with you on all those points. I know the storm is coming, I can see the storm clouds on the horizon.

The tide is rising on a lot of shares at the moment. I just feel some of the buys may be from punters returning from safari!

What do you attribute the extra buys to? Seller out?
Where is the extra money coming from, Ex –Pharma?
A lot of money flowed out of the market at the start of Covid – starting to return?
Or is this suddenly too cheap to resist. I thought about it. May not be right.

I wonder if this rise has anything to do with crypto money going bust? Not that we are not due a rise!

Well keep them flying at full mast! Lockdown is easing, you can get out and buy some new flags!

So is the moral of your story - you never really know? lol.

I know this is going up. Gold at this level = kerching! No hedge, no debt, drill results to attract more interest over the coming weeks. I know when to buy, not so good at the when to sell bit. ATB!