Member Info for cindercone

I wouldn't say trust no one, just don't be naive. Anyone coming on here spouting drivel about 'systems' needs to be treated with extreme caution. There is no empirical 'system' for making money on shares. If there was, and you had any confidence in it whatsoever, you'd had invested your life savings and be lying on a beach in South of France sipping champagne, not trying to convince people of your lame theories on a chat forum.

It's a nefarious form of shorting and doesn't fool me. I'm just surprised people are falling for these antics and thumbing up their garbage. I'm also mystified at how they manage to get my posts removed, considering I am one of the most bullish posters on BMN and have not broken any forum rules. The fact they try to silence me by removing posts in itself implies these individuals are insidious and have something to hide.

@Sanchez599

Yes, some LTs on here are definitely trading this share and bull****ting everyone. And as I have found out quite recently, when you point that out they complain to admin and get your posts get deleted.

I always think it's better to never contribute anything useful than be a glorified shorter.

Slow and steady is fine by me. Hopefully the game is up on certain holders trying to create an artificial ledge to scare off weak PIs.

Whatever. Clearly, some people don't want this rising to 25p. Whether that will work or not, who knows?

Big sells are probably due to certain large holders who believe they can make even more money by playing the share. It's based on the Elliott Wave Theory, where PIs can make hundreds of millions of pounds every day by selling all their shares based on bull**** arithmetic models pretending they know when an RNS will drop.

Thank you.

Excuse my ignorance, but would this mean a dual or 'cross listing'? Would performance be interlinked or separate price movements?

Excuse my ignorance, but would this mean a dual or 'cross listing'? Would their performance be interlinked or separate price movements.

I'm just as excited as you RichKen, but trying to be realistic - otherwise with what I've got invested why bother doing any work? I think BMN as a vanadium producer alone is absurdly under priced - the added benefits of BE and VRFB adoption are anyone's guess.

My only doubts revolve around the cost of bringing Mokopane into production on the SP (short-term) and whether raging VO prices price VRFBs out of the market. Plus, we don't even know if VRFBs will be widely adopted regardless.

I suppose that if VRFBs are the catalyst for an energy revolution, why not £10? But that's more in the realm of fantasy than reality.

For that to happen, Bushveld Minerals would have to supply the whole of China with VRFBs.

£10.00 lol

"If I flip a coin and it's heads, then next time it's BOUND to be tails"

Doh! I meant Vanadium/Fortune = rare commodity.

He does what he says, then says what he does. On time, under budget.

Vametco/Fortune = a rare commodity.

The drop was inevitable because clueless buyers jumped on the 200% bandwagon and are now being spooked into selling. On top of that, no doubt some supposedly bullish holders are saying one thing and doing another.

@Pdub

I myself prefer a conservative valuation, but for me that would be more in the region of 60/70p rather than 25p. If ARC has a similar valuation to SP Angel then they're equally incompetent. Overall, none of this matters, as broker forecasts do not dictate the long-term price and I'm ultra-bullish either way. Just surprised at BMNs low broker valuation based on the facts presented here and V price explosion.

Seeing as analysts are supposed to estimate what the company's earnings and cash flow will be for the next couple of years, and then apply a ratio to determine what the future price should be, how can 25p be fair value?

And why has Meyer has not updated his forecast based on the rocketing V price and the effect that's obviously going to have on BMN's cash flow? His job is to reflect and inform future earnings to the market, not sit on his hands waiting for the same news we all get (full-year results).

Be prepared for more frustration. The price could easily drop further when quarterlies are announced. AIM investors want money now and won't bother looking at the underlying factors including the massive profits being generated but not reported. Recent trading patterns prove that's already happening.

FM will have to supplement the figures with forward projections and other news - and in a clear and concise manner that any AIM day-trading dummy can understand.

By the way, although it probably doesn't make much difference in the long run because what will be will be, IMO John Meyer is comprehensively useless. Broker price targets should predict the SP within a 12-18 month time band, so clearly Meyer thinks BMN will be 18p this time next year. Seeing as his 'research' doesn't hold a candle to the amateur traders on this board, and he is clearly not even bullish on vanadium (duh! - look at the price), he serves no useful purpose whatsoever.

Look at Jersey Oil & Gas, went from 22p to £3.11 before they even found any oil. First drill was dry, price dropped to 66p, then after a successful sidetrack it went up 500%. They still haven't made a bean and price is currently £2.11. How can BMN be fairly valued compared to that? As I keep saying, it's vital to keep the message simple. Find oil/don't find oil is about as easy as simple as it gets, but BMN? Whole different kettle of fish - until the results are due.