Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
nickerby.....indeed 1.7% rise is great. let's see how it.moves next 3, 4 weeks. Terry Perles is.no doubt an expert in Vanadium. However, China is as transparent as North Korea or Moscow.
loudspeaker..... exactly, how many other 10,000mtv stockpiles are there "accidentally waiting" to be discovered in China, when they wish to influence V prices . no-one knows. China is opaque. For me, this is the key....... Fundamentals clearly make no influence on the SP. It's a sustained Short attack on the back of V price falls. V price recovery will be the catalyst to unravel the shorting, and then allow fundamentals to have an input in SP again
gkb47...... I agree with Terry Perles in that China is opaque. we do not see what they do. have they been stockpiling Vanadium, and this has driven down V prices? TP thinks so. But is thus correct. they have been importing more Nobium as we see that. vanadium they have import3d for years, so we see no nett change......... but have they been silently accumulating some to stockpile over several years. if so...... who knows when these stocks could run out........ this week, this month, this year,...next year ? no-one knows...... not even Terry Perles the messiah. China is opaque.
Pdub. I am a realist. By nature, and after a career in safety sensitive software of aerospace and military, applications, most effort goes into analysing, developing, and negative testing of systems ensuring if things go wrong, those events are covered and catered for. it's why your plane does not fall out of the sky....but your Samsung smart phone locks up and reboots.....(because phones are non critical and commercially minimal negative testing takes place). Your 500€ smart phone would cost you 6000€ if it underwent D0178b aerospace software validation.
James..... nice and hot in Cyprus now. I am there right now. Then off to Lake Como next Thursday.
Lets hope Terry Perles is correct. It seems the only thing that will move the SP north will be rising V prices (which should result in shorters closing). Fundamentals of BMN now having no effect on SP. If Terry Perles is wrong.......... then it's going to be a long long wait for some to get their paper losses wiped out.
what's the point of arguing over things out of your control like V price or SP . If people are truly LTHs of BMN, then why in fact post on the BB at all?. research info, news analysis 1 thing, just mud slinging is wasted energy. pointless wasted energy.
Mremmy...... I posted same yesterday Thursday 16:18. still a good read
mibo........ never jump onto a spike....... been that in the garden.....or stock market ha ha
Surely, thwre must be a limit on how many "free" available shares exist for a sustained shorting attack. Therefore a "bottom" SP must exist. Question is where...... 25p, 20p. And the bigger the short overhang, the more buying ultimately has to take effect.
Theresa May is going.
Tery Perles "I do have a price outlook for 2020. I think that in 2019, we're going to see a lot of turbulence. We're going to see some tremendous changes in terms of consumption. The high prices that, that should drive in 2019 will have some impact on supply as well, in China, in particular. My vision, frankly, is that we're going to see prices in 2019 and 2020 much higher than what we saw in 2018"
May 15th 2019 https://seekingalpha.com/article/4264462-largo-resources-ltd-lgorf-ceo-mark-smith-q1-2019-results-earnings-call-transcript
$US 41/kg Wtf . Deficit? I'm no marketing expert, but I know supply/demand rules and V prices don't make sense of the world is short
..... but we also need to consider the fall in V price looking forward versus tail end of 2018. Hopefully future growth, increased production numbers, and the Vanchem MTV, all helps offset the reduced V prices moving forward.
re dividends, what's FCF? excuse my ignorance. free cash flow as a guess ?
best wishes to you Pdub.
buying pressure...... from closing shorts........how many millions of shorts need to be closed ? lots and lots of buying needed to close
I am sure some of the hedge funds got out of their short positions 1st........... now it's the scramble for all the wannabee Gordon Geckos to get out. oh, how their shorts will squeeze
Wolfman, so BMN and Largo are inter linked via ETF Investment vehicle. These 2 shares seem to have a close correlation looking back in time