Member Info for Dav3J

It was as recently as Monday that I suggested we would see the SP drift between RNSs, however the end of this overhang (whether it be FI or another significant holder) has clearly had an immense impact. I presume this is due in part to things like Sojitz being reflected in an appropriate SP rise.

I'm very pleased to have been proven wrong on this occasion - I just wonder what impact some of our upcoming news will have on the re-rate already taking place, astronomical I would imagine!

Finding it hard to stay motivated at work? Even with my modest holding, this week I have been making more on BMN in a day than I do in a month at work!

Today I have also passed the 50% profit mark, having been invested just 5 months.

Doors well and truly getting blown off in this last half hour of trading!

Delayed sell?

I'm optimistic this will at least mop up the supply of cheap shares and therefore any concerted buying pressure will force the SP up.

*Exploration, even

I still find it hard to believe there is a real fund out there called "Marmite Exlopration"!

It's alright, I knew your use of "surprise" was ironic. Nonetheless I'm fully expecting the SP to drift like this in the absence of news (and by news, I mean RNS news) until we start seeing audited yearly financial accounts that show us in significant profit.

We've frequently discussed such news items here that will drive significant pressure on the SP and will dwarf the MM games and FI's selling shenanigans - Divi statements, BE financial model and Eskom contracts, etc.

In the absence of any news and with the presence of an active seller, it isn't too great a surprise to me that the SP is stagnant / faltering. The recent low trading volume seems to suggest that.

I would imagine that once we start seeing more news, this will drive up trading volume and minimise the impact that our seller and the MM games will have.

Aren't Roskill who SP Angel claim to have made their forecast off the back of?

@Fyoz I owe you a great deal of thanks then!

Luckily I didn't have anything invested in TRK - there was an employee share bonus scheme that I wasn't at the company long enough to qualify for. I did get the spiel from Adam Robson when I joined about how the bonus would be worth 20% of our salary a year when (not if!) we hit 20p a share. Cloud cuckoo land.

I got made redundant when they closed the Leyland site and my wife was 5 months pregnant. I got another job sorted fairly quickly but kept an eye on the SP and general goings on as I knew the company was in a bit of a death spiral (the Flybrid lot were even more incapable of developing a market ready product than Torotrak were). Your post popped up as the administration process began, and from there as they say, the rest is history!

@Clones - same here, saw the recommendation on the TRK III board as the company was entering the final stages of swirling down the PAN. Extremely fortuitous - especially considering I had been made redundant by said company a few months previously!

Of course, you are right Alfa! Nearly maxed out my ISA allowance for the FY now...

3,000 @ 28.25p

GLA

We can but hope!

PXOG or UKOG?

Just kidding!

Anyone know much about this lot? They're the investment banking arm of Canadian Bank of Montreal. Perhaps a Largo connection could be involved here - their interest in Vanadium has been piqued?

Alfa,

I noticed four fairly suspicious trades yesterday afternoon as well - could these also be part of an attempt to short?

JM stinks. In the most recent h1 update he even concedes that his estimated valuation of V in 2019 does not match that of the experts'. What reason could there possibly be for this other than complete ignorance and arrogance on his part (besides some prophetic ability to identify a price crash that no one else can see coming)?

Are SP Angel even mining experts? I think there is a complete and fundamental misunderstanding of Vanadium as a resource and a market.

14,146 @ 27.55, 13:02:59
130,822 @ 27.55, 13:03:57
47,186 @ 27.56, 13:30:09
13,500 @ 27.50, 15:39:18

All seem well below the average selling price - right down at the bottom of the bid.