Member Info for Daisydog

Can anyone explain why any investor choosing to make an investment in to the VRFB space chooses to buy IES rather than BMN - because I just don't get why you would. IES is still loss making and has had a good run and is valued currently well above NAV. Bushveld is profit making even now , will supply IES as it builds up orders and production, has a ridiculous SP leaving MCAP well below NAV and has not a penny in the price for the resources we sit on - the iron and even the vanadium is just not valued at a penny as far as I can see ( if you are valued less than NAV , then surely you can't argue there's a cent in it for the resource base).

Don't get me wrong . I like IES and keep looking at IES and thinking I would buy in even though I already own about a tenth of my BMN holding as IES. But the growth story just doesn't make sense to me. What am I missing anyone?

Surprised this isn't up more - this grant is a huge statement of support. The application will have been pored over by scientists and medics with expertise in this area and no way would it have been granted if there wasn't solidly encouraging data to support it being worthwhile pursuing.

Update. After my input with R2 andJeremy Vine, I tried to get some coverage / analysis of the Elon Musk interference in the publication of the V v Li battery story with Storen. I have a couple of friends working on the West seaboard in journalism. Given them the links and they are considering running a piece on VRFB and the USA angle eg fire risk and lack of planning about securing vanadium supplies. I'm hoping this would again mean the benefit risk of V and Li might get a fresh look in the US. I will update you if it gets to publication

Thats good news for us all then, Campy. You stay unimmunised and at risk. The logic in that is about as sound as some of your musings on BMN......

Fara...im sure you're wrong here . As discussed before, its an automated free trading platform. All the trades are at the same time -08 05.06.

BG....did you have a hand in writing it.......LOL....

You miss my point completely Alfa.

Bizarre Sanchez. The baby we saved with timely cash investment about to be bigger than us.....shakes head slowly in disbelief.....

Well, there you are SCoutS. News. And very good news. Must have been leaked to the boys i guess!

Steady RNS. Not going bust and remains just profitable. But can't see this moving SP at all. And BE news IS still very thin.

Colt: ...so positive that many of their shares seem to have been sold at a loss? I just don't understand that.

Fara..."lazy Bolly swillers" is an over simplification. This is currently an unloved oversold share with no sentiment supporting it. This arises from the way the timescales have dragged out in ever-lengthening fashion. BE founded several years ago. No contracts or profits. Vanadium at bottom of a dip in the commodity cycle where many good deposits aren't worth developing and where even lowest quartile producers have very narrow margins of profitability. And a nascent technology which we all believe in but which has been so disappointingly slow to gain commercial traction that we've had to financially support the VRFB manufacturers. The Bolly swillers are right on the money at present. We just have to continue to believe we are a few months away from this turning round.

;-)

Well, none here since Feb 2016......whereas the CEO of NCYT is rumoured to have sold his house to buy half a million pounds worth of his own company's shares yesterday.. and 3 others bought in 2020 too. What a few buys like that would do here....

Aw, come on Alfa. This is again a jam-tomorrow RNS. No income stream. Bluntly, we are having to pay for the proof of concept installation ourselves. If they were announcing another project BOUGHT by someone else, I'd be doing cartwheels.The commissioning and testing will no doubt take around a year even after its finally complete. Its hard to see this other than implying the timescale on ROI for investors just got longer.

....looks like a blue print for a lot of businesses for the future....but echo the comments of others.....WHEN! Given this update in the RNS of July 2019:"Vametco based Solar Mini-Grid Project.·; Commenced a number of activities including an Environmental Assessment, a grid connection and geotechnical studies. Procurement for the project will commence in the third quarter of 2019.A full year on from this , still no timescale. Incidentally, the same RNS stated first batch of electrolyte produced and sent for analysis to battery companies.

Hungry......starving - and have been for some time. I'm afraid any momentum here has been lost.

Libero, I cant say I blame you for walking into the MM engineered trap. I have done so in the past. But the savvy investor buys in when the short term blip has settled. Perhaps the REALLY savvy investor sells in the blip and buys back at steady state again. All timing. The interesting thing for me is that rises which seem to be predicated on nothing as this one clearly was are not good times to be buying. FOMO effect is a big driver here I believe.

So, it seems the MMs again managed to work a rise for no particular reason, suckered some short term punters in to buy into a blip and have then taken it down gradually over the next week or two to the trading range. Anyone got a different explanation for the SP in last fortnight?

FG...follow the board closely but put negatives as your first post...? How is your older brother Bol?