Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Bearscarer..."V price seems to be at odds with all of the experts views" ...which experts, I was aware of only 1 single viewpoint from Terry Perles. Experts get it wrong. Look back at the experts of the 2016 EU referendum. One of these with his £350million a week NHS prophecy could soon be leading the UK as PM out of the EU with no deal.
amongst the various conspiracy theories, i' d like to put the cat amongst the pigeons and ponder the notion that actually there is no deficit, and the V price is now where it belongs. And the Nov,Dec 2018 spike was just that, an overdone spike like the previous 2 spikes over the 2000s, which quickly fell back. And likewise, the BMN SP, at 25p is a good valuation compared to the 8p of 2 years ago.
any one seen the BBC Countryfile episode tonight?. Feature on wind, solar, storage as the future
got my tickets for Monza F1 this September. Last month was at the Barcelona F1. Lewis is on fire, breaking history records.
I thought BMN were already approved to share buy back if needed. Personally don't see why BMN need to raise the SP this or any other way. except if they needed to raise capital at a set SP. the higher the SP the less shareholder dilution needed for a set cash raise. But not aware they need to raise, so therefore no need to buy back
on subject of V prices. where is this massive deficit? Terry Perles 6 months ago argued massive demand/low supply will cause V prices to recover to previous higher levels. Now about to enter 2nd half of 2019....... where is this V price rally ?
knuttie ... "By 2023/24 I expect an annual dividend exceeding my initial investment. Therefore no need whatsoever to get out."
By 2023 I will be looking to buy a ski resort property and actually enjoy my investment. No plan to die leaving my shares in my estate. As Ken Dodd said, best tax planning is to let the undertakers cheque bounce... after they have done their job
Much of the Storage companies I am currrently researching are basing their initial micro grid / EV charging stations etc around banks of Tesla batteries.
VRFB will enter at a later stage . It just means a delayed return to my investment. Still hoping to be out of BMN by 2023 - 2024 .
Ferroamp EnergyHub technology. Sweden
ophidian:
(1) my name is Expert for the ironic reason everyone on share forums is an 'expert". it's my sense of humour. I explained this previously.
(2) BMN will take a percentage share (cannot recall exac t, think it's 84 %) of BE. BE wi ll be VRFB supply company.
BMN itself wi l not be a VRFB company.
(3) knuttie et al, think I post bull spit. But I post facts. where was the much waited for by the "experts" rerate on back of 2018 financials? The past 3 spikes in V prices past 20 years have ALL fallen back....quickly like this time. oh wait, the messiah, Terry Perles has a crystal ball to read into the future and the "experts" all believe....halelujah. we are saved.
(4) Experts here talking February of the great 2019 resurge in V prices...... now 6months into 2019 ......where is it ?
(5)very very worrying that Bearscarer this morning posted a prediction SP of £15 - £17 . complete deluded fantasy as Peter Jones off Dragons Den would say. yet no-one here criticised this mega uber exaggerated evaluation. I find that worrying. so much so members are on here now in the 'blinkered' zone of share infatuation.
(6) knuttie (grumpiest man alive) with his multi millions, has filtered me. a wise move ? think about it...... I own 4 million BMN shares, when I start selling (at some point as we all will), dropping 50k sells on a daily basis for 80 days...... would LTHs on here not like to know who is doing this ?
Which leads me back to me self-humoring name "Expert"...... I am 1 of many on here , as clueless as each other.
Now, anyone want to tell Knuttie( now,he has me on filter), to fly over to Lake Como and join me for a beer.....he might like to know at what point I will start selling in 50k tranches
Sanchez, you suggest low V prices aid VRFBs market. not entirely correct. Core BMN business will always be steel industry and anyone with a brain realises higher V price above cost price equals increased nett profit. Vanadium in VRFBs will utilize leasing model, so VRFB purchase cost will not involve "ownership" of Vanadium. My opinion is a higher V price than we have today will be financially beneficial to BMN and BE VRFB future profits. you disagree
Pdub, you forgot to mention the great 2018 financials RNS of 3 weeks ago.....which did......erm....absolutely nothing to the SP.
Whats your explanation for this ?
Sanchez, there is an ongoing shorting attack / long term background seller on the back of plummeting V prices. when this changes, so too will the SP
Pdub, I don't see why fundamental news, JSE, Mokopane licence (pretty much assumed anyway), Vanchem closure will cause significant SP re-rate. We need V prices back way higher, which will be catalyst for short closures. IMHO, the plummeting V prices, aided facilitated the massive short attack. These need reversing, then the fundamentals may come back into play
Pdub, I agree. fundamentals are no longer driving the SP.
Don't see why JSE will bring SP growth. I saw SOLG move from AIM to FTSE250 to Canadian TSX at a time the SP went from 46p down to 26p
just sitting around the shores of Lake Como enjoying Moretti beers ..... I realise I will need BMN SP to hit £10 a share in order buy a villa like Clooneys. If only I had bought BMN 12 months earlier.....£2 SP would have been enough
Vauch, don't let the experience put you off SA. Remember these exact things can and do happen in the UK. Knife crime capital of the world.
ninja....try holding your finger with the other hand. that should help
quote TP "The fact that China produces almost no niobium means that imports are a very good proxy for consumption. Import data is readily available, so it's easy to see the growth in niobium imports and therefore, niobium consumption in China. Far less obvious is the impact of the new situation on vanadium consumption, given the fact that China is historically a net importer of vanadium. So the internal supply/demand changes are not readily available -- visible"