Member Info for faramog

Did anyone dial in ... ?

"johnnyg ... "which cost his brother money once." ..

Just brilliant ... PMSL ... what a cracking summary

Myles seems to have some influence.. great posts from him

Orion's investment of up to $50m should be considered a gold stamp of approval for BMN.
5/6

I expect many are eying up entries over the coming days, with #BMN's financial position now secured for the foreseeable future, and with the Co now enjoying the backing of a mining superheavyweight.

I have already added.
6/6

Could not help notice @bmnfan that your post was no 666... You little devil :-)

Musk ?

And our stake is worth more than 0.5m more than yesterday

ah yes .. 2nd Sept was just an operational update .... so really its not going to tell us much unless there is some forward info and with Eskom still in the quiet corner.. maybe just a holding rns

I don't think there is a requirement to publish quarterlies... It is expected, but I did not think it is forced

Well Alfa... I thought the Housemartins, John Prescott and a few Haddock were all that came out of Hull

well DD .. perhaps you should read what I wrote... my point is about holding long term

I am however, very sympathetic to those underwater and might remind you I was almost 70% underwater when Bushveld owned only 25% of Vametco !

2/2
Africa time burns bright and this is just taking longer, but if the world CV19 shock has shown anything, it is the need for a lot more distributed working and a lot more home reliance. The renewable power bandwaggon was alreadly rolling firmly down the road, but all I see now is more urgency and greater willingness to rollout - all of which means storage .... our time is just about to arive.

I am pretty fed up at the low trading range not least because I have to wind up my mums estate so really would rather it was a lot higher... but hey ho...

Many thanks to Corbs: I only caught the latter part of his posts, but he (like so many here) has made a difference.

1/2
Well if you look in the last 18 months to 2 years then many stocks are lower, but that is not an investment timeframe, but a trading one. And before anyone goes all keyboard warrior, that is, in my opinion. (Don't mean you @bassguy ha ha)

Those who invested 7 years ago at circa 5p, I just point out (and made no comment on risk) that 12.6% annualised would not be considered a bad investment. I got in first at 2p, then 1.6p and a big tranche back at just over 2p about 4.5 years ago. On that large block my annualised rate is 47.5%, although my average now is around 6 because I have bought in the last couple of years particularly as risk fell.

My point is not one of risk, and Alfa makes the excellent point that pretty much all the risk has been taken out. Just look at the headlines:

- 74% ownership of Vametco - full control of the cash-flows
- Full ownership of Vanchem - heading for 25-30% of total production
- production de-risk with multiple sites
- BE Electrolyte plant that will be operational within 6 months
- Mokopane licence granted so future offcut revenues are possible short term
- VFRB partnerships and stakes to complete the vertical integration

etc .. etc .. etc ...

If VFRB crashes and burns, in 3 years we should hit 8,400mtv. With a slightly higher vanadium price in the $30-$35 range that should net circa $100M profit, and if VFRB does fly, then a lot more

Whatever happens.. win win... risk largely removed. Despite the poor comms and PR, FM has a long term strategic vision and despite a few setbacks and delays has really delivered on it.

So whilst those getting in at the start (many having met personally FM and bought into the story and the man) have had a long hold, those who got in at the 50p peak will just have to take a proper investment timeframe to hold (ie longer that less than 2 years).

Whilst we are on AIM, we will always be subject to both manipulation and lack of visibility - we are after all seen as a one product minor commodity miner in a junk status country. Thing is, unlike the lazy bolly-swillers, we actually know how good the investment is and how solid the finances are.

How did Buffet get really rich ? - Bought unloved, undervalued companies whose underlying fundamentals were solid and had strong potential and grew the value.

I made my point not to rub anything in, or bandy what-if points of time, but to demonstrate that those who invested and held long term have already made pretty decent returns ... just no where near what is to come.

Buffet likes a timeframe of 20-30 years. At 12.6% annualised that is more than 1000% at 20 years and 3,500% at 30 years.

Just to point out for the weak of investing types, 7 years ago 5p, now 11.5p... that is 12.6% annualised

Just in case anyone thinks poor investment

At the current rate of expansion, China's CO2 output will be more than double before they get to a neutrality point, so whilst a great headline, let us not forget that the current annual increase in China CO2 output is somewhat greater than the corresponding reductions already happening globally.

I would be a bit more interested at the prediction of peak china CO2 output and what that might be

no you couln't ... MM's aint selling

I hope he lost his desert sandle's

Bang on Sanchez

don't want to be rude MEM .. but twice now you have said 'tara .. be back in a few months' .. but you keep posting

Now come on ... post nice or Foxtrot Oscar

ah yes .. very small .... not always, but usually that has signified a reversal ... so off we head to 14-14.5 again I suspect

Oh Alfa I know ... but there is nothing like a home grown example to showcase