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Well if you want my two penoth; I strongly disagree that SA politics are in any way worse now than they were in 2013 when I first invested. I had much more angst about it then than i do now..significantly, I can reflect back on those times under Zuma quite easily and offer myself a clear comparison...to the positive side now. For anyone that's being invested for any length of time, I'm sure they feel that way. Daisan hit the nail on the head about this earlier, along with Pdub. It may suppress the very highs that could be attained, but then again there are many companies with PE ratios into the teens, 20's, 30's etc...so who knows where our ncap will ultimately get to.
SA politics didn't stop us rising from 1.3p to 50p in some very turbulent times and it wont stop the the next rise. Yes politics plays an obvious part , we all know SA isn't well quoted for its speed in addressing issues. So what's changed there...nowt! I was going to write a fair bit of content that Pdub covered very well, so no point going over again. I suppose for some investors it's good to have all the negatives down on the BB. Personally I thought the timing of such was rather peculiar, 8am monday morning to start a politics debate, when sentiment was Extremely positive all weekend. For me its ONLY stuff we are all fully aware of. Every investment in any country carries its risks; just look at the most recent Burford short attack! What jurisdiction does that one fall under? Legal...well it's looking like not from the RNS this morning.
Good to see a well Balanced BB..as I often have!
Good spot NickP, Looking like mokopane license could drop any time. And still the emphasis on Mokopane being a stand alone mine and processing. So we would have Vametco + Brits + Vanchem + Mokopane. We keep saying it..a multi billion dollar business being formed here.
Wheres the share with NO negatives? The whole of AIM and FTSE will pile in tomorrow! Exactly there isn't one on the world. I'm sure you've heard term Risk vs Reward. Well I sleep comfortably with BMN. Fantastic BOD who are proving to deliver on their statements of intent time after time. Key things here; Great BOD who value their shareholders, Fantastic fundamentals, Tremendous profitability and Cash flow, Exciting business Growth plans with the different arms of the business. The growth prospects are fantastic, that's why we are here!
Winder who their strategic investor is?
redT and Avalon have received substantial preliminary support for the Fundraising from a strong new strategic investor that intends to make a cornerstone investment in the merged business,
A few thoughts...... (2 of 2)Tue 23:45
…., Eskom tenders, African VRFB contracts, Lemur development and spin off, Mokopane development, the list goes on and on. Worried about a share price starting with a 2 ? You’ll be looking back on the 2’s and that will be in three digits before long.
BMN is a world changing prospect, a “disrupter” that if you have been lucky enough to get in on the ground floor will change your life (we are still on the ground floor). Embrace the opportunity and don’t ***** about the irrelevant and don’t be tempted into listening to the paid Trolls who crop up on here – they are doing a job that is all for masters who know where there is money to be made. It has always been that way and until we evolve substantially more, sadly I suspect it always will be.
You’ve made a good investment. Now be patient.
Ophidian
A few thoughts......(1 of 2)Tue 23:44
I don’t post much of any content these days (in the post Cindercone world), but I will share a few thoughts tonight. On the question of price point for Steel vs. VRFB; $40-$65 / KgFeV would be a very good stable price range given the current scale of Vanadium manufacture WW and the demands for Steel and Electrolyte. That said, the innovative Electrolyte leasing model promoted by BE renders the Vanadium price point much less critical in the development of the VRFB industry. There is a package that can be developed that makes VRFB economic under almost any circumstances now.
On the subject of company announcements and communication, I like many would appreciate more, but if you have followed this company for any length of time you will know that this isn’t going to happen and that the payoff you get instead is probably better. Only today Australian Vanadium have tweeted :
COO Todd Richardson on The Australian #Vanadium Project “testing shows that we can recover over 60% of high-grade vanadium, this high-concentrate mass yield is possibly the highest of all current operations globally”
I calculate that Vametco BEFORE completion of all the improvements is getting greater than 60% recovery. What is more, they are claiming world class deposits at about 1% content – BMN are in the 1.5 – 2% + range. We don’t get this trumpeted from the battlements, we get it delivered in usually very detailed and well constructed technical reports either by RNS or from (albeit passively) the BMN website.
Go do some research, anyone who hasn’t read the Mokopane Feasibilty study, the Electrolyte Plant draft Impact Assessment, the 2018 company report and the raft of material published during the last 12 months has no place to complain and less to ask inane open and vague questions which could be easily answered with just a little leg work.
Now, to the share price. From under 3p in March 2017 to 48.5p at the end of last year is spectacular. It is also unsustainable. I used to post regular updates on the adherence of the share price to Elliot Wave predictions, but not anymore. (Mathew 7:6). Just because I stopped posting doesn’t mean the share price stopped following the pattern – it didn’t. Where we are is easily explained and actually fits really well with predicted numbers. What is more, where it will be heading before very long will be spectacular once again. I’m not going to post the numbers, many wouldn’t believe me if I did but you could work it out for yourselves very easily. But ignoring Elliot or any other Technical Analysis, just look at the pipeline of things we have. I would rather have Fortune and the Team working on delivering the next blockbuster development and the one after that and the one after that that Tweeting fluff. Vanchem (as predicted by us on here), Vametco strike extensions (again you heard it here first), Electrolyte rental models (yep I gave you that one too), Electrolyte manufacture. VRFB manufact