Member Info for ChazBigspuds

I've dipped my toe in the water here, with 100k earlier this week and another 150k today. Have to agree that Paul Johnson is a great communicator and is a safe pair of hands too.

Only disappointment is that I ordered at 2.2p and Interactive Investor clearly were having elevenses or something, as it took them an hour to execute and cost me an extra 150 quid at 2.3p.

I've said it before, but the AIM market really is as bent as a 9-bob note due to the complete lack of regulation and it needs reform - the MM's can literally do what they want with any SP, no matter how much profit a company makes, how much they have in the bank or indeed what great projects they may have in the pipeline.

I know people point to Vanadium prices, but irrespective, the SP is stupidly out of sync now with existing value, never mind the future potential and yet again, I'm finding myself sorely tempted to buy more. Like many other LTH's here, I know its only a matter of time before this has to rebound, but MM's have done a great job of destroying all buyer confidence over many months now with these constant drops. Its annoying, because on the few occasions I've dipped in with some small buys thinking MM's can't take it down any more, I've only ended up raising my average each time, albeit I remain hugely in profit, as most of mine were bought for just 3 to 5p.

The worry now is that if this continues to go much lower, I can't help but feel the chances of a cheeky buyout attempt must be growing, which would only rob us PI's even more, as this must be on radars by now and ripe for picking?

Well unless there's some serious delayed buy notifications due or some big buys are planned over the coming days, then it doesn't look like Liberum Capital Limited are going to make much of a dent in the 2.1 million shares they've been instructed to buy back here before Friday.

Volume remains pretty low and there remains little liquidity to date.

Must say I can't understand it either, but if anyone is not already loaded up here, then its a good time to do so. Good times ahead here and I still firmly beleive that 2019 and 2020 will be massive years here for SML.

As to Nickel, don't know what he and others get from it all, but you can see a few like minded souls on the M board doing their world domination plottings. Tune in now and again for a laugh.

Despite the reduction in Vanadium prices, these SP movements over recent months seem massively overdone. Holders could easily be forgiven wondering if this is in some way or other natural, heavy handed abuse/manipulation (by a large holder, several holders or the MM's) or whether someone has some insider information on something adverse that's looming (i.e. an issue at Vametco or some chunks of JSE shares have been offered to some for far less than the SP has been over recent months with people selling in to it) etc.

Now to my mind, if its any of the latter options, then that would surely require some serious investigation, so assuming its nothing nefarious, then so far as the wider market is concerned, the fundamentals here remain unchanged and BMN is simply massively undervalued now. They're no one trick pony (needing constant cash calls), but are instead a very well run business generating huge turnover and profits, with numerous close to fruition projects due, any of which could be transformational to the SP. Given this background, if someone is/has been shorting this long term with no inside information, then that's pretty ballsey and a huge risk, yet today on just 0.7% of our share base, with what looks to be a fair balance between buys and sells, we see another 8% drop in the MCAP and we're now almost half the price of its tradig highs just a few short months ago.

Don't know what to think, but this really needs investigation, as I recall nothing like this in all my time dealing on AIM.

How on earth can the market makers hope to attract new investors, when people can see games like this going on? £30m wiped off MCAP is another total over reaction to tiny sell volumes in the scale of things and AIM just proves it's worse than the wild west, unregulated and as bent as a 9 bob note.

MMs could drop great shares like this to a penny, even if it was making a billion a year and it looks like they're determined to get holders to sell with multiple drop after drops until all confidence is gone.

Still cant understand the lack of newsflow either from BMN and if you were in the know there, you could have filled ya boots. Anyone would think BMN was Debenhams given this continued drop, but instead, they're a company making millions, with loads of cash on hip and on the cusp of becoming huge in 2019. Crazy times and never thought we'd see these prices again even in a recession!

The spread is shown as 30.50p/32.00p, yet the true trading prices are 31.13p/31.7p. Efforts to short this seem to have been shelved for now and I'm still convinced this is because someone is loading up here in the background.

Happy hold for me.

Pretty happy with that - my remaining 40,000 shares sold at 33.00p and bought back at 33.08p with a loss of just 103 shares. An £11,760 profit, which ducks in just under the Capital Gains threshold for the 3rd year running and I finally have the last of my BMN in an ISA now.

Am just looking forward to Thursday's Q1's now and hoping that will be the start of the next batch of re-rates. Can only see lots of positives pending and think it will be another very good year of growth here. Anyway, good luck to all holders as ever.

As others have said, its heartening to see so many Bed & ISA's going through. Put my own request in earlier for the remaining 40,000 in the old share account to be transferred and so long as it goes through at something akin to todays prices, I'll just duck under the Capital Gains threshold. Don't have time to sit on the phone doing it today, but I seem to recall it usually takes a couple days and hopefully this will go through before the Q1 Operational update on Thursday.

Carried shares here for many years and have largely forgotten about them for years now.

Personally, I think the BoD's performance has been atrocious, as are their efforts to bring any kind of value to their lomg suffering shareholders.

Like many here, I believed the hype years ago, but at this rate, I reckon we'll see fusion power before this lot ever get to proper commercialisation. Opportunity missed sadly.

Same games again this morning and 3 quick sells within half a minute (at 11.00.23, .45 and .47) and it drops a penny to 29/30p?

Assume we'll see the usual few sizeable buys later to return order here, but crazy times in to the run up to the new tax year.

Still truly can't believe the crazy SP here and the drops that have occurred on such small volumes in the grand scale of things.

Nothing has changed for me here fundamentally and there's just too much transformational news pending. Can't believe anyone would want to sell any of their holdings for this and certainly not this week, so the shorters can do their worst this side of the tax year. Just roll on next Monday, as I have another 40,000 of these beauties that I bought at 3.577p waiting to be Bed & ISA'd, that I'll be only be too happy to transfer over as cheaply as possible. In fact, sub 33.5p works perfectly and should keep me under the £12k Capital Gains threeshold too.

Suspect a few others are in the same position, but even if you're not, patience is key here and as other LTH's have said, its only a matter of time before this re-rates.

Games being played here by one or two of our bigger holders I suspect, which the MM's would be only too happy to indulge for the time being. A few 20 to 50k sells in quick succession seems enough to drop the price a tad for some reason (seen the same thing played out on a few shares of late) and then buy them back in large lumps a few days later at a cheaper rate ... rinse and repeat. I just wonder if it's anyone on this board.

A risky game and for me, I'd be too worried about missing out on a transformational news release, but each to their own. I''ll be waiting for the bigger picture to evolve here rather than play these day to day games. Patience as ever is key here, but I can imagine its a nervy time for those holders in here who bought in at much higher, but better times are due here soon enough, I'm sure.

See what I mean about the 3 quick sells grouped together at various points today? Someone must know the algorithms used to dictate share prices on AIM, as this technique seems to reduce the SP if repeated enough times and even more so when holders start selling some to add to it.

I just wonder how many delayed trade notifications we have piling up in the background and where the MM is getting the shares to sell to buyers?

In my early (and might I add 'less researched') days, I had a few oilies on my portfolio, but all too many would get the odd duster resulting in disaster, because most had little cash on hip and other prospects on the near horizon.

Amerisur are different and for me, nothing has changed here fundamentally - they remain well funded, have lots of ongoing interests/income and many others are on the horizon etc. Given this background, I can't see why this small blip should be anything other than short lived and it should pass by soon enough (just like the trolls who always seem to appear at times like these).

I remain convinced that this will hit my initial 30p target within the next 12 months, so a no brainer hold and top up for me. Good luck to all holders as ever.

He's only saying what we all know as this has so much potential from here and is hugely undervalued.

Still think there was an attempt to short us last week that was only foiled by some decent buys and this week has been an odd one too. Decent volumes again in comparison to what has been the norm over recent months, but large sales are seemingly gobbled up with little impact on the SP and then we see delayed trades suddenly rocking up confirming some hefty buys.

I'm still convinced that we still have a background buyer who is helping to push this up for now and we remainl massively undervalued still and ripe for the picking at this share price - we'll see.

Interesting times.

I think most shares on AIM whether big or small can have manufactured drops, as there’s not enough regulation and you can still turn a good profit dropping the SP a few pence on the tiniest of shares.As I say, I’ve seen similar patterns on several holdings of late and the only one I’ve taken advantage of was RPT, where I sold out at 60.3, to see it drop day after day to the mid 40’s. Personally, I was holding for sub 40p to re-enter and then of course, there was an RNS that the market totally overreacted to and the price briefly dropped to the mid 20's. Sod's Law, I was in a meeting at the time when I got the email alert pop up and I couldn't buy at the bottom, but I got back in in the low 30's and it bounced back to 38p on the day as sense prevailed.Only saving grace here on SLP is that as the price dips, it looks like someone is buying 125k and 250k lumps along the way and a battle is unfolding (some as delayed trades), but its dropped almost 7% today irrespective. Also just seen 3 x 50k purchases pop up now and all within seconds of each other which are clearly buys, so maybe someone has read my earlier email and is trying to push it the other way now, LOL?!As to who would look to buy, I wouldn't rule out Africa Asia Capital, but buyouts nowadays seem to come out of left field when you least expect it and usually via China of late (and from huge companies most of us have never heard of), but after months of comparative quiet, we have seen some rather odd trading days here and some chunky buys creeping in of late.Monday should be interesting.

Tighter spread than indicated, but the 250,000 at 29.25p that was delayed for 2 hours looks like a buy to me and has mopped up a few - hopefully we'll get a few more like that today to catch these shorters out.

Still think this has some way to go from here, but a few more trades like that and a positive RNS should see us restart the journey towards a truer value next week. Personally, I still think we're ripe pickings for a takeover bid from either our largest shareholder or someone external given the share movement of late, but we'll see.

In the meantime, we have the shorting game in play, but ultimately, this will be onwards and upwards as they say - roll on 6th April for my next ISA allowance.

To me, it looks like we have a shorting attack in play here since yesterday afternoon, with a few well timed biggish sells in quick succession, usually in groups of 3's within seconds/minutes of each other.

Seen the same game played on a few shares of late and its always the ones that have had a good rise of late, where volumes have quietened down a tad. Really think this practise needs closer inspection, as its underhand and panics some holders out of their good shares and once this vermin have had their fun (or better still, a good RNS comes out that catches the shorters out and makes them lose money), the price eventually recovers to where it was.

I for one will be holding throughout and have a price point in mind that is well beyond the 30 pences, so will keep an eye on this and hopefully I can add to my ISA holding come 6th April.