Member Info for cindercone

@Sanchez599

It's more about coming to conclusions that are not one sided. The little clique we have here is driving the discourse, but a lot of people want a more balanced discussion, which is probably why my posts get ticked up alot.

BBN has it right. Uber-positive, but entirely fact/research-based with room for criticism where warranted. No ramping or stupid price targets. No denial of others' right to an opinion.

Is it MMs? Is it our tame seller dumping a crapload? Have IIs heard bad news in advance? Or perhaps the rise was overdone so now PIs are scrambling to retrace. Maybe it's Ophidian (pmsl).

Let's be real. We've had two RNSs this week but without a mining license or contracts for BE they won't rerate the share. A dividend policy that won't pay anything until 2020 won't rerate the share either.

LET'S BE REAL.Strong results will be greeted very well by the markets, as will JSE listing as will a dividend policy that announces some sort of payment this year. Anything else? Meh.

All I see all day is posts about what vanadium WILL be used for, but if VRFBs are not taken up, what's the point? Everything will be lithium ion- based instead. I'll be getting real from now on, because it's clear that nothing said on here makes any difference and all the ramping is ridiculous.

@gamitxjs - I wouldn't be up to my neck in BMN shares if I did not believe the company had an amazing future, but that future will be dictated by the events, not words - mine, yours or anyone else's.

I'm sure we've all had a glass half full approach to holdings only to see them get decimated. Being a realist means you're less likely to repeat past mistakes or ignore warning signs that are likely to be deliberately overlooked on this forum. For example, when I provided information on Rongke Power's battery VRFB project being shelved due to high V prices, it was totally overlooked as if it had no bearing or consequence to BE.

Pdub, if I'm not mistaken they're merely outlining a policy, so there may not be an actual dividend paid this year. If not, I wouldn't expect the price to move much, so it very much depends on exactly what's outlined. Obviously, moving forward it's a hugely desirable if not important step in the right direction that should have a very positive impact on price.

Indeed, results will hopefully see bigger uplift. Dividend announcement could go one way or the other depending on what's declared.

@spbhoy - wasn't this supposed to be the bombshell? BMN has phenomenal potential, and there's plenty of evidence that it will be realised, but that doesn't mean it WILL be realised. Money in the bank does most of the talking and whether we like it or not, BE's not made a penny (yet). The day it does is the day we can dream, evidently that's not today.

"I don't think anyone has a specifically personal issue with anyone else, barring Cindercone's love affair with Ophidian which is regularly extrapolated into a general grievance and paranoia that the world is on his case and everyone is a closet trader but him. He is welcome to think that's but why should everyone give him a high five for basically insulting them, whilst painting himself as a saint for doing so if they entirely disagree."

It seems the Cindercone crime sheet is growing. Because I called out Ophidian's nonsense technical analysis, and been proven right as he desperately revises his estimates to fit the graphics, not only am I apparently obsessed, paranoid, fixated and insulting, but I'm now a Brexiteer that demands respect and happens to thinks everyone's a closet trader.

Obviously, I'm none of the things claimed. I'm an unbiased investor who believes the value of a company will eventually be reflected by its business practises. In between, I'm fully aware markets and individuals will attempt to manipulate the SP for their own benefit (up or down).

In my view, technical analysis was invented by large financial groups to rob gullible investors, therefore I distrust anyone that espouses it. Under the circumstances, It would therefore only be normal for me to suspect that either some people are stupidly gullible or simply defending TA in order to short the share. And when said individual can't make a TA post without baiting me first, that conclusion becomes even more obvious.

People also need to calm down. I'm not the devil, neither do I think Ophidian is. I happen to believe people can say and do whatever they want - no need for censorship, let alone accusations of libel. These are just views, typically blown out of all proportion. The problem with online discourse is that we're not very good at measuring the intent behind the words.

I'm on your side DaV3J. The only person worth reading round here anymore is BBN. Anything approaching realism is met with claims that you're a shorter/stalker/traitor. Either you're in the inner circle or you're not, and it's always been that way here.

It's understandable to some extent - everybody wants to protect their investment, but all rather tiresome to read and dislocated from what the company will/might achieve. At the end of the day, dreams of £1+ will have to wait until contracts are signed for BE and/or production is upscaled. Both will take considerable time and the SP will be pegged back down whenever there's a period of no news - this is AIM after all.

I'm not going to give price predictions, it's as pointless as technical analysis - both driven by bullshit. These RNS are certainly positive, but they're not groundbreaking in terms of SP uplift. If there is to be a rerate, ironically, it's more likely to be triggered by our tame seller disappearing for good.

The Brits and Mokopane licenses are completely out of BMN's control, so there's no point blaming them for lack of updates. A brownfield acquisition may arrive before either, and news of that would be excellent.

Delayed reporting of quarterly figures is more concerning, and not announcing the dividend policy before end of March would be bang out of order in my opinion.

Still, there's nine days to go and, as we've seen many times, with the right news this could flip into the 40s within a few days, or even no news (big seller pissing off).

@RichKen

I don't care whether people are concerned or not. My investment will live and die by the actions of the company, not what I post on lse.co.uk. I'm aggressively against technical analysis/shorting because IMO it has nothing to do with fundamentals. It's a con game played by con artists that has a real effect on price + it's morally indefensible.

I'm not looking to manipulate the SP one way or the other. I'm interested in my investment and whether it's being weakened or strengthened by news/events. With all due respect, I find your attempts to influence the price more potentially damaging than anything I say, because you treat hope as fact, and AIM tends to trade on hope.

If there was no shorting, no SP manipulation, no outrageous SP predictions (up or down) and everybody just told the truth and responded to events, the SP would sit in its right and proper place and we wouldn't have these daily large swings that stress investors and make everyone distrustful of each other. With that in mind, your attempts to influence the price may be well meaning, but I'd argue against it having a positive influence. The facts you present are positive, the blatant SP ramping is quite possibly self-defeating.

I'm just going by what I've been informed. Whether that information is accurate is another matter.

Rongke Power's 200MW/800MWh flow battery system in Dalian, China for one.

Is it possible V prices have dropped in China due to reduced demand from the numerous stalled VRFB projects? Before dickhead jumps on my back, I'm still eagerly awaiting BE's plans for their vertically integrated VRFB model in SA. The goings on in China are concerning, but the opportunity is not necessarily lessened.

Must confess I'm none the wiser. Hopefully, BE can demystify in the near future.

Must confess I'm none the wiser. Hopefully, BE can demystify in the near future.

How is that reassurance that spiralling (or current) market prices will create an affordable environment for VRFB uptake?

Alfa, if VRFBs are already cost-competitive with Lithium-Ion, what do you make of the suggestion Rongke Power - and other VRFB projects - have been temporarily shelved due to expense? That would suggest they're not currently cost competitive, or at the very least cost is an impediment.

Furthermore, is there not the possibility that bringing the cost down under BE's vertically integrated model might conflict with BV selling to existing customers at fluctuating market prices?

@gambitxjs

No need to be sarcastic, I haven't said anything remotely controversial or inaccurate.

Bolgas is delusional, I'm not. I'm still bullish about BMN - the company is way undervalued and I expect that to be reflected in the SP over the next couple of years. But BE's what makes this company transformational. If that went pear-shaped I'd start looking to transfer my profits elsewhere.

As we have often said, the company is hedged either way. High V prices - make whopping profits from selling to steel industry, lower V prices - still making solid income but VRFBs now more affordable.

However, let's not pretend where the true value lies - VRFB's are the game changer. With projects in China being shelved, albeit not cancelled, due to high V prices, there's a stark reminder as to why the technology has such little industry uptake.

We've yet to hear what BE's strategy is to making VRFBs more affordable under their vertically integrated model. Until we know that, my enthusiasm remains dampened. I feel this year will either be transformative or the complete opposite.