RE: Current and future Vanadium production16 Nov 2021 11:58
Every company that has lent money to BMN in exchange for shares has sold, so why would Duferco be any different? They already sold their first tranche.
Hopefully V price can move up and relieve any financial burdens the company is suffering, but seems stable at the minute. SP is still a very good entry point if you're happy sitting on it for 12-18 months, but most people trade.
RE: Current and future Vanadium production16 Nov 2021 11:05
Don't see much happening here until 2023. IMO Duferco will hang over the SP like a dead weight, selling into every rise and the short will stay open until they're gone.
Only hope of serious uplift is V prices exploding due to big infrastructure spending in US and China, which would take a while to filter through.
Mojapelo and Nikomarov should not be getting any bonuses or salary increases in the near future that's for sure. Confidence in them is damaged due to years of broken promises and missed targets. If they're not delivering by mid-2023, they need to be voted out.
According to mogwhy the dispute's been going on 20 years but this is the first we've heard of it. I must say, 20 years is a rather long wait for an RNS, but would at least explain Bushveld Energy's silence.
Lies, you say? Well I've never pulled up an Elliot Wave chart and told hundreds of people who trust me to buy while I'm secretely selling. That's your repellent domain. Caught, hook line and sinker. You left that board now you're bull****ting on this one instead. God knows why anyone believes a word you say.
Lithium and VRFBs are not competing technologies - Mojapelo said it himself. The battery storage industry will require a range of technologies - no one technology dominates any space. To suggest BMN is targeted by the 'evil' Musk is conspiracy theory hogwash born out of ignorance or deception.
The reason for the drift is that the company has over-promised and underdelivered, there's no news, profits are minimal at current V prices. What happened to the Eskom BESS tender - the dream sold by long-term investors? It appears to be dead in the water, and those LTHs have all disappeared because they don't like being told they're wrong.
Unless FM pulls a rabbit out of the hat, we're going to have to play the long game. That's the price you pay for getting into a nascent industry. Shorters have their grubby tentacles in almost every AIM stock that is perceived to be underperfoming, overbought or just sitting there in a news vacuum.
It's a good point. The Telegram group is supposedly 500-strong. If they really believe in BMN they would organise themselves to buy stock and tactically defeat the shorter. Even if it was only partially successful, shorters would have to think twice about messing with BMN. I'm sure many holders from lse.co.uk would participate too. So, Telegram, how about putting your money where your mouth is - or are you just like the board and selling shares to pay off your tax bills?
I hear Alfacomp has a spare £700 he could throw in to add to the hundreds of thousands he reportedly buys every week/month.
Yes, it's my fault everyone left the bb, nothing to do with company operations or shareholder boredom and dissatisfaction.
Alfa gave up because nobody was interested in his massive ego trip. There was no positive news to post, his trade analysis was a load of hogwash and his control-freak forum had some ludicrous tier system that treated users like primary school children. In the end he threw a tantrum and closed it because nobody was worshipping at the alter of Alfa.
For a man who claimed to be buying anywhere between £1k-10k worth of shares every month for years on end, seems strange he should quit his site for the paltry expense of a couple hundred quid. But then again, nothing he says adds up.
RE: Avacta Partners and collaborations21 Sep 2021 12:38
Good post. It's really about trust. To promise the earth, stay silent for three months and then underdeliver would destroy my trust in Smith. If he has nothing tangible to bring to the table in the upcoming presentation then I feel he's either made a total mess of selling AffiDX or the opportunity is not what he/we thought it was. That would be a major miscalculation on his part, which would lead to a complete lost of trust in Avacta's therapeutic division. Of course, bailing out might be something I go on to bitterly regret, but you only have your instincts.
RE: Avacta Partners and collaborations21 Sep 2021 11:53
While I am a staunch AVCT holder (for now), if LFT sales are poor and AS has been shown to have overpromised and underdelivered, I am certainly not going to trust anything he says related to AVA6000. For me, the next few weeks are quite critical to my investment here.
RE: Sorry it I seem so low with this firm after 5 year18 Sep 2021 20:14
Yes Lindon, mid-2023 is their (proverbial) target and mine to get this baby rolling, but my point remains valid - if the board fail, they're rewarded while shareholders are punished. That's why I'm against high salaries for directors who have yet to prove their worth to the capital markets. IMO, the BMN board are overpaid and should therefore be held under even greater scrutiny and swiftly moved on if they haven't delivered value by mid-2023.