Member Info for cindercone

"Sustaining this stability, however, requires a recalibration of Vametco's monthly production levels and a disciplined, proactive maintenance strategy over a period of time. As a consequence, the management team has revised the monthly production targets for Vametco to approximately 240 mtV per month, previously 270mtV. This changes Vametco's 2021 production guidance to between 2,300 mtV and 2,400 mtV, from previous guidance of between 2,700 mtV and 2,850 mtV.

Disappointingly, the commissioning of Vanchem's kiln 3, which is currently under refurbishment and the consequent production run rate increase of 2,600 mtVp.a. is likely to be delayed to the end of Q4 2021 owing to among others, delays in securing steel supplies. This requires revising 2021 production guidance to between 1,100 mtV and 1,200 mtV, previously between 1,400 mtV and 1,500 mtV. Overall, 2021 Group full-year production guidance has been revised to between 3,400 mtV and 3,600 mtV, previously between 4,100 mtV and 4,350 mtV."

This is completely unacceptable and needs to be explained in more detail. Mojapelo needs to stop burying bad news and coming up with unrealistic figures that end up disappointing the market, not to mention shareholders. He is damaging his credibility and shareholder optimism, which is all we have at this point.

The point being missed is that it is possible to be bullish and optimistic about BMN and dislike posters who also happen to be bullish and optimistic about BMN. In the end, what do you have? A community where most people are bullish and optimistic about BMN but with a few dirty scumbags who are so selfish and greedy they will do anything to stitch up their fellow shareholders to accumulate more shares. Unfortunately, lost of very naive people fall for their patter.

I'm not asking anyone to accept my version, just explaining it. People can accept what they like.

For what it's worth I had one account for my main holding BMN and one for all my other shares. Actually, the other account was pretty much dead and hadn't been used for years but I reprised it, forgot to log out and inevitably commented on BMN under the wrong username. LSE looked at the posting history and agreed that was the case - therefore case closed.

Grahamwebb/Lawrence H's posting style is identical. The caps, the TICK TOCK boom nonsense. Might fool loudspeaker, not fooling me.

That's not why I had multiple accounts. Again, LSE accepted my explanation.

Another big fuss over nothing. LSE accepted my perfectly innocent explanation, hence here I am. Considering it's glaringly obvious that Grahamwebb/Lawrence H are the same person and nobody bats an eyelid, I find such accusations all rather hypocritical.

I've nothing to apologise for. I've been deliberately misrepresented by long-term holders that have manipulated everybody into buying shares so they can profit by selling. If you want to fall for their rhetoric despite having your eyes opened that's your problem.

Ha, civility. Like when Sanchez lied about me ridiculing PDub's cancer diagnosis. He was in bed with Alfacomp for three years bashing everything that moved and he's got the gall to complaining about 'stalking'. One day people will wake up realise what a nasty piece of work this guy is.

"We all know these high spikes won't last forever and they need to get cracking with electrolyte production as a hedge against low FeV prices in the future. Then we might see a more stable SP for long term growth."

Very true, they'll have an order book that brings fixed-price recurring revenue - that means dividends.

BE claims "innovative" leasing models to further drive down costs of VRFBs". Innovation implies more than your standard leasing contract. The leasing model will take into account estimated price assumptions, not the vanadium price at any given moment. Better to wait and see rather than simply write off leasing as unviable due to the sensitivity of spot vanadium prices.
If vanadium prices are so high that VRFB investment becomes unfeasible, BMN’s significant increase in production over the coming years means they’ll be raking in hundreds of millions regardless – and that will be reflected in the SP. Cash is king as the end of the day, however it’s obtained.

"A leasing option will do little to stop customers switching to an alternative, in my view.

You know nothing of the finances underlying the leasing option is - none of us do, so the comment is absurd.

It's hard to believe BE would go to all the trouble of building an Electrolyte Plant for $10m if the sale of their product is restricted by volatile, uncontrollable fluctuations in vanadium prices. That's why increasing their capacity and other competitors coming into production are not the enemy as they can help deal with supply/demand and help peg the price.

Made a mistake, last figure of 24% is China not US. Stuck in the traps is ROW at 14%.

And they're off! China pulling away from the pack at $43.50 with US coming up fast on that outside at $42.75. Europe's been there all the time, neck to neck at $43.25. Owner Fortune Mojapelo looks sure to reap the profits, with 37% V205 riding on US crossing the line in first place, followed by 25% sales in Europe and 24% US.

** since 2018

* four rerates

@Farmaog - "Real movement will only come with the uprating feeding in, Eskom news and BE news."

Rubbish. Real movement will come with the II stops selling. BMN has seen three major re-rates, one was V Price-related circa 2018 and the other three were 100-200% re-rates when II overhangs cleared. If you don't think there's an II selling you're not paying attention to the timed daily sells and accelerated sells whenever the price moves up.

When the seller's out I predict a big response, and maybe, just maybe FM is incommunicado with them to ensure they're gone before Eskom contracts hit the deck in July.

What a great day. Distribution agreements left, right and center, global market opening up, 3-5 years of LFTs required and all the thickos exiting at a loss (serves them right) allowing REAL investors to buy more on the cheap.

Sorry, but how is BMN supposed to track the V price with an investor dumping half a million shares every day on a low volume share?

@wyndrum

Just because something is deceitful doesn't mean it works on a long-term basis. The charts themselves are complete nonsense, it's about people conning others into believing they have validation. A ghastly and inexcusable way to try to make money - key word being 'try'.