Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Why would anyone believe your so-called trading history? Successful traders don't spend all day writing unsubstantiated comments in order to con people into selling/buying shares. That's the behaviour of clueless, failed traders.
Nice to see you finally admit that you're a liar whose sole object is to invest then leave in the unlikely event anyone believes what you say.
Learn to read instead of just venting. I already said Coltman has partially turned the SP by guaranteeing its short-term survival. In my book, short-term incorporates the next 12-18 months.
He's done a good job, but we also need to see a future roadmap - otherwise there is unlikely to be a 5p or 10p.
As I've said before, my investment is now so low there is little point selling. I'm also happy to wait 5-10 years if that's how long it takes for VRFBs to impact market prices in tandem with a recovery in China.
What I don't like is conmen and liars like CC, and you, who it appears are only interested in short-term gain at the expense of other shareholders.
The V price isn't made up, it's there in black and white. So what's your thesis for a rising V price in the short-term that will make the company profitable enough to raise the SP to 10p or 5p or 3p?
BMN is loss-making you d*ck. If you're not a conman then you're at the very least a moron.
Coltman has partially turned the SP by guaranteeing its short-term survival. What's the thesis for growth? What are the latest projections for V use from battery uptake and how will it ameliorate for the lack of investment in China's crashed property market? Maybe he can tell us at the upcoming investor meet.
Due to all this dilution, there's several hundred million CLNs/shares waiting to be sold if we don't get an answer that offers short-term optimism - and a lot of them will be sold regardless.
No. I'm just asking for EVIDENCE that BMN will climb above 3p anytime soon. You offer no response, because all you want to do is mislead people for your own financial gain.
To have credibility, you need to explain your thesis. You have no thesis, no explanation and thus zero credibility.
CCs dumb ramping is really quite pathetic. Even more pathetic, he seems to think that he has the gravitas for investors to follow his lead.
Of course, we all want 10p, 20p, 50p, but there is nothing on the near-term horizon that suggests BMN is going above 3p any time fast.
If there is a reason - give it. Just saying this will be 5p/10p just looks f*cking desperate, because you are desperate.
Any fool knows that there is no rationale for 10p, or even above 3p, unless V prices return to $35-40.
Any fool knows that there is no rationale for 10p, or even above 3p, unless V prices return to $35-40.
It would be nice to know the reason IIs have been given to invest, other than the company being saved from extinction.
That's not a reason for IIs to hold stock, it's a reason to make a quick buck and get out, which is all we have seen from IIs in the past.
"If" V prices play ball is not a reason to invest. It's a reason not to invest.
It's alright saying buy the shares at 'x' price, but what is the rationale for buying them at all? The is the first misstep by Coltman in my opinion, he needs to be giving investors a reason to buy BMN.
How is Russia out of the game? They're China's third biggest importer of ferro-vanadium.
"It means only one thing - they are desparate for cash.....I mean why else they need more!"
Can't you read?
"The net proceeds of the Fundraising will be used to fund capital expenditure at Vametco and Vanchem to increase production, strengthen the balance sheet as well as facilitate the restructuring of the Orion 2020 Financing Package."
@coffeecups
My view is long-term, not short-medium, but it's nice to know that you're basing your research on, in your own words, a "bitter sod" and a "twerp".
Yeah, I could do with a laugh - so how about you provide legitimate evidence to substantiate your view this will hit 6p, then 10p, in the short-to-medium term.
Unsubstantiated crap doesn't take long to work out.
* steel consumption
10p lol. Stop with the idiotic ramping.
Last time this was 10p the V price was $43. This is going nowhere unless V price starts moving upwards in a serious way. VRFB consumption is simply not going to make up for the disastrous state of the Chinese property market and its interrelated effect on steel prices.
Only hope is if a huge amount of BMN's production is sold at a massive premium through electrolyte sales, but nobody knows the numbers or if there are willing clients yet.
Survival remains the primary aim of BMN and even with good news nobody is buying over 3p with all the CLNS that are going to hit.
"As I put in here a while ago, Largo is a dead mine walking, it will contribute towards the incoming Vanadium squeeze."
Maybe they can sell 50% of their mine to SPR, and I'm sure Orion can lend them another £60m for 10 billion CLNs.
The question is, why are SPR lending money to a dead dog like BMN? Do they know something we don't? The housing market collapse in China is so severe, some say it won't recover for up to a decade. That's not good news for V prices and would spell the end of BMN.
However, we know that A LOT of vanadium is required for battery manufacture. If electrolyte is sold at a premium price (say $40+) could BMN steer a large proportion of its vanadium output to BELCO. If so, that would making BMN instantly and hugely profitable.
We don't know the mathematics, but expected revenue streams could be why SPR were prepared to lend.