Member Info for Daisan

Interesting that they want to be addressed by Fortune. I can understand this but Fortune has to be careful here as he is not the direct manager at Vametco and runs the risk of undermining the authority of the Vametco CEO. It is always an interesting balancing act.

Surely the reason for the drop is clear and it is difficult to say that an AIM stock is behaving strangely in this case. The strike needs to be resolved for BMN to see the benefit of a rising Vanadium price.

I suspect that we may have the odd few to come again today. I am also not convinced that we have seen the last of them from yesterday, although the quick publishing of the large trades at the end of the day would suggest that any not yet posted could be larger still (although there is no hard and fast rule here).

Interesting to understand what they are shareholders of as the change of ownership from Evraz to Bushveld could have affected their shareholdings. I confess that when I read SA posts on Facebook (not often!) the actual meaning is sometimes difficult to work out.

I agree Buzzzipster. Ophidian, great post and follows a similar theme on ARS some time ago. Operations that engage with the local community with a view to making their lives better will reap the rewards long term. Operations that just take the money will find several issues down the line. It is unfortunate if you follow the former but get caught in wider actions but you just have to ride those times out.

Interesting from a couple of perspectives. Firstly, the price paid was very odd for the time of the trade. Secondly, that publication was delayed at all given the size of the trade. What next? All trades delayed?

Google finance the same bizarrely. UT at 21.5p?

Interestingly the expected delayed trades have been published reasonably early. Ones that I can see are 200k (sell), 250k (sell), 280,385 (sell), 500k (sell) and a 250k (buy). The steady erosion of the price paid for buys is usually a pretty good indicator that the buys/sells are not balanced and, if only buys are published, that there are likely to be delayed sells printed at some point. Of additional interest is the fact that the 280,385 and 500k trades are very close together and at the same price (with the 500k trade first), suggesting that they are related.

Current trading suggests reasonable balance so I am particularly looking for delayed trades from this period.

Alfacomp, Whilst I agree that Mms do not have to run a balanced I believe that they certainly prefer to do so. Given that we have fallen consistently over the last few days, the ask is steadily moved down when there is a lull in buying pressure, there is clear evidence of warrants being sold, there are still warrants left to be sold at last count and the number of published buys outweighs sells, I don't think that it is a wildly unsupported statement to suggest an implication of sells yet to be published.

Just a reminder that PEs are calculated on after tax profits.

Which implies that there are likely more sells to be revealed.

Sorry! Stupid phone autocorrect! I meant 'Headancer' rather than 'Headache'! Apologies Headancer.

Headache, The situation changed as the price dropped. The sells were first thing were likely people who thought on the situation overnight. The selling dissipated and others took advantage of the lowered price. The fundamentals may be the same but the price proved attractive to seller initially and buyers subsequently.

Full ask is being paid now. They will tighten the spread before raising the ask but if the buys continue to outweigh the sells, as they appear to be doing currently, then they will eventually raise the ask

Sorry. You can't have it both ways. There is either transparency, which means you will have a period where something like this is unresolved, or you wait to report when it is all resolved. For all the pain that we are currently experiencing, this is the most appropriate way. They cannot report resolution until it is resolved. Clearly, in a transparent environment, resolution would also be reported in a timely fashion.

As usual, there will be a number of delayed trades. There is some genuine selling here on top of the consistent selling we have seen in the recent past from warrants/whatever. It is enough to outweigh the underlying buying, at least for now.

Sanchez599,

Understood. Whilst I appreciate the history of less than honest posters coming onto the board I do think that the board is prone to stifling debate which can result in a skewed outlook. This is much more dangerous than the odd irritating poster. I would add that this is far from unique on these bulletin boards but the great thing about the BMN board has been the quality of its posting so it is a shame when this gets lost in the melee.

Who is falling for anything? I like a reasoned debate. Even if the aim was 'dishonourable' the argument was valid. I suspect the aim is just to have a go at coffeecups based on his previous posting rather than an attempt to short.

Why report these posts? I don't see anything offensive.

Endion,

Vanadium prices will not reach all time highs this week. That was achieved in 2005 with the price of V2O5 at $35/lb and FeV over $125/kg. The week would have to be beyond extraordinary to beat those prices.