RE: Prediction checker31 Oct 2020 10:45
Don't know VV ... my back of the fag packet calc a few months ago assumed more or less the same tax, benification and production costs, a Vanadium price of $35 and at least 6,500 MTV
Is it correct ? .. No .. is it wildly out .. probably not..... but in the end the real point is to get over to nervous PI's that feel they may have to take a hit that they do not .. just hold and just on steel alone we get to 70-100p in 3-4 years (faster if off AIM). The soundbite is rather the message - lots and lots of growing net profit.
Add in Electrolyte .. and remember, if we ourselves are not involved in rolling out storage, but just supply electrolyte there is that added premium and probable lease profits.
As for SPangel's numbers, well they have never remotely been right and even they attribute no value to various elements. They need to take a perhaps more conservative view for market reasons, but in the end, the big picture shows there is no question of ever growing revenues and profits.
All those PI's underwater, nervous, thinking about just taking a hit, just look forward a bit .... a year ago FM put some final bits in place. Now we have all the ducks in a row from mining to electrolyte to leasing to box-makers. We have stakes in supply elements and all ready now for the bit VFRB expansion.
There has been an oft used phrase on this BB 'exciting times' .... always been a very forward statement for me, but really, right now, the door is ajar and opening .. we really are heading into Exciting Times.
In olden times, sailors used to tatto 'Hold Fast' on their knuckles. Short for 'Hold has and ride it out'. Never has such a maxim applied to Bushveled right now
Hold fast !
Sign In
Follow the stocks
