Member Info for BenAlder

I'm sure with inflation that figure is possible.. Just filling in time until our resident mystic arrives to give you an accurate forecast.

Hi Albus. I presume that if a fund is unloading then they have a lot to sell. MM's can print large sells later in day, to balance the previous buys. I noticed that they seemed to be doing they're best not to drop the price too fast or too much when there were not many buyers around over the last few months. More buyers latterly may be why there is a short on. To try and keep price stable at this range while they load up? Shorttracker is still down, so I cannot see if there is a change of position today, but it was 0,76% by Millennium yesterday.

Thanks for that Sharper. It confirms my suspicions of a large seller being the reason for the continued fall after covid. Hopefully they will be out and upwards again soon. Feeling more upbeat again. Told myself yesterday to not look at the price until next year as I don't really want to sell in any case. Hoping these will deliver a bigger % dividend than Shell were paying me.

Repeat of yesterday? Hard to tell which way the tide is turning.

I felt really lucky topping up on Friday and seeing a rise on Monday, but only to see it dashed by close of play. I believed that £1 was bottom but the revelation of a shorter is a concern, but not changed my sentiment. Fundamentals remain healthy even if we do nothing new. Too many reasons for shorting to speculate why? (which I have). I only hope it is short term and will not delay the SP rise I expect. Maybe I benefited from them on Friday?

It's a funny old game! You never see what is coming until it appears, no matter how much research you do. GLA!

Well so much for that rise. So we have an official shorter instead of the imaginary one everyone usually blames. Wonder what they're reasoning is? I would not thought they would look at this type of company, and I'm sure we are currently undervalued.

Oh I'm in lockdown can't resist.

Did you forget the ‘ny’ at the end, son.

This is arm chair research, don’t you bother to give an opinion. I have probably researched this company more than you and made clear where I stand. Bye!

And don't say vodka.

Up 7%! Maybe it worked! lol!

Bushveld Energy CEO Mikhail Nikomarov joined Steve Darling from Proactive Vancouver to discuss the company acquiring more of a stake in Enerox Holdings. Proactiveinvestors 14th Aug 2020 (google it, not gonna try to post link)

I’m sure most of you have seen this as you are very efficient at hoovering up and re-broadcasting crumbs of info on this board. I missed it at the time. He explains reasons for investments into our recent tech acquisitions. Nothing new and very much in the same language that Fortune uses.

Does Mikhail own 15% of BE? Was looking, when I came across this interview. Wondering what he brings to the party. Did he sell the idea of the VRBF revolution and of BMN suppling the vanadium to Fortune? - I bring in all this extra business for x%? Is he our resident energy expert and salesman? Is he responsible for our involvement in these companies or did Fortune get involved, and at what stage. Does he get a wage? Are they just old mates from Uni? Is he as ambitious and driven as Fortune? Is he running BE with a free hand. – I’m doing a lot of thinking!

I’m so impressed with Fortune as a leader. Just trying to get an impression of Mikhail, his role and his worth to BE/BMN. Not looking for dirt, or to start a fight! What does he bring to the party?

Reindeer produce CO2 you know...

I don't buy that argument! Hasn't man killed off enough animals around the world, like bison, wildebeest etc. to offset this?

Some solar arrays can collect infra-red spectrum at night!

Sorry, that was in fact from the 5th Nov ! Broker forecast was today.

Buying in at these prices could mean a 10% return each year via dividends. I see no reason (other then a collapse of resource prices, ) that the dividends will reduce this year, and all new deals APF make will add to the dividends paid out. A potential doubling of the share price within a year? Less risk than investing directly into mining stock. Whats not to love! Fill yer boots at Black Friday prices!

Anglo Pacific Group PLC - natural resources royalties business based in London - Says total portfolio contribution GBP6.4 million in the third quarter a slight dip from GBP6.5 million in the second quarter. Decrease largely driven by lower volumes at Kestrel following a longwall changeout, which is not expected to reoccur until the third quarter of 2021. Production is expected to increase at Kestrel in the fourth quarter after a record longwall change-out. "We were encouraged by the operating performance of the royalty portfolio during Q3 2020 which continue to function without material Covid-19 disruption. The actions taken by the underlying operators suggests that we could see a stronger finish to the year across the portfolio at a time when certain commodity prices are showing signs of improvement," says Chief Executive Julian Treger.

"The UK has some of the worlds largest tides that can be predicted decades into the future yet windfarms have taken the market share."

I think that it is just a case of wind being a low hanging fruit tech. It is cheaper and easier to build on land, so it has been developed first. Tidal power tech is being looked at now with tests being conducted off the Shetlands, I believe. Even this type of power generation would benefit from added storage. Geo-thermal is being looked at in Iceland. The world will need a mix of solutions.

Snap!

Thanks BBN. My thinking is aligned with yours. Fortune's deal with Orion on reflection is a better deal than many other routes he could have taken. The fact that it is a royalty on production, turns it into a fixed % cost of production, which BMN will most likely reduce with the refurbishment/upgrades, due to better efficiencies and higher rate of production.

At least we are moving forwards on a road that has been bought and paved. Excuse the pun!

Well you are right but Bushveld has that covered. Higher V prices will encourage the uptake of rental electrolyte model. BMN can also sell at a discount to high market rates. (IMO)

This is currently the best tech. It would still take years for any new tech to prove itself and start competing with the current tech/price.

We win big if V prices are high, but survive at prices no one else can.

That is my take on it, hope it helps.

A vanadium price of $50 kg.

Shut the short term'rs up and relieve all anxiety.

V prices could spike in 2022/3, just as we are ready for it, and the higher prices will stimulate the rental market. Win - Win.

I'm due some luck!

@ Charlie – CGH (SBLM) sold the asset/mine to CGO for cash & shares and beyond being (IMO) a temporary shareholder of CGO, it has no control or say in this company. CGO bought an asset off of SBLM that was worth more than it was worth at the time, and this is referred to as a ‘reverse takeover’. SBLM was not taken over by CGO, only one of its mines. As a result SBLM became the major shareholder in CGO, but agreed not to get involved with CGO or sell the shares for an agreed period. That is my understanding.

Now it may be that either SBLM is trying to get a return on the asset via CGO as a shareholder over the long term, CGO doing what SBLM could never do by getting it into production. Or, (IMO) SBLM wanted to monetise an asset, ie raise cash, and will sell its holding as soon as it is allowed.

I have not researched this company, as would never invest in this kind of miner, but I would not tarnish the management here because of our experience with SBLM. Leave these poor folk alone. We have a board to cry on! Lol.

Wish you all well. Its all a learning curve on AIM!

Anyone with experience of this share will tell you that the share price will half over the next twelve months, and not many will have had a good experience with this share. You should do the research first. This is a dog, IMO. All the best to you!