Member Info for cindercone

"Not wishing to make you even angrier Cinders, but it is never good for the nerves to monitor a stock which you have sold and lost money."

I'm at peace with my losses and it would be foolish not to continue monitoring the share. I've learnt a lot about the vanadium market, which gives me the edge over other investors in the unlikely case this dumpster fire does rise from the ashes.

@Lamps56

I am no longer invested, but like to keep an eye on things. I would wager that reconstruction and VRFB growth is already factored in to the current vanadium price - without that it would be at historic lows, as the China property crash is a historic catastrophe.

The price is making its own definitive statement and the factors are well known. What's your rationale for saying the US election will beneficially change the trade dynamic? Blind hope is not a strategy. And even if prices were to recover enough to make BMN profitable, with half the business sold and BELCO gone bust, how is it an attractive investment proposition going forward?

I think this goes bust first. Then maybe in 5-10 years we can look at whoever has recovered the company for peanuts in case the VRFB dream becomes reality.

Common sense and research, stupid. The Chinese property market crash is severe. Property sales and new home construction is not forecasted to stabilise let alone grow until 2027. Historically, China's use of steel drives global vanadium prices. They don't need steel and don't need vanadium, hence price suppression. Seeing as demand for electrolyte is not there either, BMN has no way of making money.

It's painful cutting your losses in a company that you believed in and are emotionally attached to, but the writing is really on the wall here. There is clearly a bigger picture at play as I can't believe anyone would buy Vanchem or attempt to rescue BMN when there is no roadmap for a recovery in V prices due to China's decimated property market. The only reasonable explanation is that certain third parties want to pick this up on the cheap after the operation has gone bust. Mojapelo is bound to be involved.

BBN was one of the worst. He bought in very low, then the vanadium price went ballistic. Everything he predicted pertaining to batteries/contracts for BESS etc. was complete and utter c**p, yet he managed to convince himself that he was some sort of genius and even tried to monetise his own blog. Talk about deluded.

I wouldn't be too hard on genuine shareholders as BMN had the seed of an idea, but FM destroyed it through his amateur bungling. The only thing he succeeded at was hiding his calamitous decisions from investors and the board and stringing out his employment for as long as possible. A squalid thief who should have been sued for deliberately failing to declare information that was of material interest to shareholders.

only one man got rich, fortune mojapelo. nikomarov didn't do too badly either, raking in a £100k salary for his doomed $10m belco plant, which is now, clearly, worthless.

bmn is an object lesson in how aim rips off shareholders, and how you shouldn't believe stupid sh*t written on a chat board by a bunch of self-acclaimed ****s who profess to know what they're talking about. as we now see, alfachump, bbn, sanchez, ophidian, and the likes, knew nothing - just speculation and deceit based on short-term price movements.

i'm just amazed that anyone has injected funds into this hot mess, but i suspect mojapelo is in some way involved in that. once bmn goes under, he'll no doubt try to pick it back up dirt cheap, relist, and start mugging everyone off all over again while paying himself another king's ransom. what else is he going to do? with his track record he's practically unemployable.

"If Avacta have the means to not cure but to maybe halt the spread of cancer. Can anyone please tell me why BP ignores and the SP languishing at 59p"

This is the sort of Neanderthal we're dealing with here. He doesn't even understand what AVA6000 is designed to do, so what hope is there when reading some of the more technical RNSs?

What makes people think proceeds from the DX sale would be used to pay off the CLN? More important things to spend the money on than some small-fry dilution that two-bob amateur investors use as their entire trading strategy.

"Even though understanding technicals is a huge part of investing" - there's no serious money to be made from technical analysis. It's snake oil investing. That's why those who espouse it resort to telling lies and misleading others, because that's all that 'technical' analysis is based on. Nothing clever about it and very easy to see through. Making money through investing is VERY difficult. You have to be very intelligent and have an instinct for it - technical analysis is investing for dummies.

you have to understand what wyn is. old, lonely, lacking in self-esteem. like a conspiracy theorist, they seek communication, somewhere to belong and validation - too much time on his hands. in many ways it's a cry for help. now that you understand him, you may feel sympathy, or still think he's a ****.

Pretty sure the rise was due to this: https://ukinvestormagazine.co.uk/avacta-group-exploring-nasdaq-dual-listing-and-divesting-its-diagnostics-division-analyst-has-188p-valuation-shares-now-45-5p/

The three loons post their cr*p and the equally stupid fuel the fire. Now a worthless forum with nothing to read.

Companies use brokers because they have to - you can't list on AIM without one. They are told what companies want them to hear and it has been consistently proved that brokers are just as clueless regarding company activities as shareholders, which is why broker forecasts are pretty much useless.

Having said that, they are supposed to be professionals and put out accurate, unbiased technical information. The Deutsche Bank broker did none of this - he made ill-informed presumptions and used inflammatory language designed to crash the share price.

Whether shorting is legal or not is irrelevant - deliberately providing incorrect information in order to trigger share price movements (buy or sell) is illegal. Given Paul Cuddon's dubious association with Peel Hunt and his wife's former employment at Avacta, his actions need to be investigated by the FCA.

Apart from the fact that Cuddon doesn't seem to realise that the study is about safety, not remission, although I suspect he does know that but is choosing to ignore it, even more lamentable is the tone of his language which is clearly designed to trash the SP.

Add that to his connections with Peel Hunt and the fact his wife was mugged off by Avacta, and you what you have is situation that Avacta needs to seriously escalate with his employers. I suspect Cuddon's going to regret this .

Avacta needs to get in a meeting with Deutsche Bank to discuss serious conflict of interest and bring the FCA in. Cuddon's analysis is laughably inept and clearly malicious.

You're the crowd and you've never made money on anything. You're just a grubby little loser.

We know all that you moron. Some of us are invested regardless and you're never going to change that, so give up.

Wyndrum is a bored, insecure old man with not many friends desperate for attention and trying to make a bit of pocket money. Unsurprisingly, he's not very good at either.

"Question

This was a good news RNS

Why has it not gone upwards please ?"

Because Avacta didn't cure cancer overnight + the vast majority of people who buy shares don't have the intelligence to understand most of what is written on an RNS and treat share dealing like Betfred.

Well BBN, personally I think you're dishonest. It's not for me to tell you what to do with your shares and I don't expect you to get everything right or babysit investors either, but if you're going to tell everyone every time you buy then maybe you should tell them when you sell.

And as for taking the credit for the 3,000% rise. Anyone invested in BMN knows that was due to China strengthening rebar standards leading to almost unparalleled rise in V prices that nobody could have or did predict. So taking the credit for that is rather dishonest isn't it BBN?

This was actually the downfall of the company because Mojapelo took the opportunity to pay himself £500k a year on a stroke of luck while using investors as a cash cow to make a series of amateur investment decisions that completely destroyed the company.