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There are auctions at at 9, 11, and 2 every day, where orders can be placed on both the bid and the ask straight to the order book. Once the auction is over, generally they match up shares on one side of the book with shares on the other, or someone decides to take the price offered on one of the sides and an Uncrossing Trade is produced. This trade is neither a buy nor a sell really, and exists independently of the spread created by the market makers. It can generally be ignored.
It looks so good because alpha and the others who contribute are very, very good at what they do. They also realised early on that one of the only ways to survive the onslaught of the Aim market was to make sure investors are informed. Yes it is very professional, and everything on it is entirely verifiable if you you'd like to take the time to cross check it all.
Indeed. Would be good to see gentle daily rises of around 3 - 4% rather than jumps upward. Not that the sp hasn't had plenty of time to consolidate at these levels already in the past two years, it just generally makes for less volatility in the long run.
Vametco produces Nitrovan, details of which can be found on the company website. BE does not yet produce electrolyte, but will be by the end of the year. I believe they will be producing single acid electrolyte. Vanchem has the ability to produce varied Vanadium products, all of which are listed in the acquisition RNS.
I do not think the company, or anyone associated with it, would have anything to do with deliberately keeping the SP low. That is not how this BoD works. It may be that keeping a low profile sp wise is helping them to fly under the radar in regards to acquisitions, thus helping the business somewhat, but that is making the best if the situation rather than creating it yourself.
The Vanadium price rises are getting more attention on twitter. Seeing more word of traders coming in and recognising that the market has undervalued BMN. This rise feels different from those of previous days.
This has been updated on the shipment log tracker on The Bushveld Perspective along with income:
www.thebushveldperspective.com/blog/public-articles-1/post/nitrovan-shipments-to-the-us-183
For anyone new, shipments are updated on the website by a friendly fellow investor as they are reported.
Top end production guidance in 2020 would give BMN a 57% increase over 2019, including both Vametco and Vanchem. That is quite staggering growth for one year. With both sites combined the top end guidance is 4,400 mtv, compared to this year's 2833.
Just one of the many reasons to be very bullish here, and another reason why the current sp is no real reflection of the progress made.
That reporting is a bit misleading. Prices haven't jumped 26% in a day or a week, or since the coronavirus outbreak. These rises have been steadily growing since November and have so far had little to do with the virus at all.
Distributed projects can come online at different time scales, allowing flexibility in supply. If it were one large battery, the whole project would be beholden to the supply of that battery.
Yes it was removed. Likely for cross promoting shares.
I'd really hope for some news regarding the JSE listing this quater, or at least this H1. I have a feeling we will have to wait for BE to a part of the upcoming Eskom BESS project before it happens. Quite exciting that later on this year BE could have secured a quite significant tender.