Member Info for faramog

117 days .. finally all sold .... yeah

now if this could stay down another 2 or 3 days ... just got 6K coming to buy more golden tickets for my mum !

Can't comment on the numbers.. but I do tend to agree on liquidity.

That said, this seems a result of less new investors and greater defaults

oops.. the proper link.

https://mechtraveller.com/2019/09/po-ferries-to-replace-their-dover-calais-ships-with-hi-tech-new-builds-from-china/

Interesting read.. prob LiIo batteries but a big investment in shipping neutrality.

I know of an oil rig support shipnin norway using one electic and two disels to run the efficiency point.. but a lot smaller than these.

https://l.facebook.com/l.php?u=https%3A%2F%2Fmechtraveller.com%2F2019%2F09%2Fpo-ferries-to-replace-their-dover-calais-ships-with-hi-tech-new-builds-from-china%2F&h=AT0cnrUHj0R3Oza-aY_rOocZOariBMKWFrsjjkxwtVRXANkxbWGBbzM7SdKJGD2LhuldSW-1Nu_tYpxR10ihMEmO5kZI_4CniJagzETdrEOvsz0rDVUYVRow1MWtfJYRU--w9_w

we can but hope so RK (but I would not bet against a couple more shake-outs... 11 more full days before the RNS on the 31st.

Maybe those waves Ophidian analysed are finally garnering pace :-)

Good lad - help out those poor Germans with their beer mountain ... defo a drink to Pdub .. great news

Now running at 115 days and no sign of the holding being sold .... tick-tock ... but the level of bad debt has gone up and the level of late payments has gone up a fair bit..

Already at the point that even if everything vanished the loss on capital would be around 25% (ouch but had a fair bit of interest). Of the approx 5.3K remaining I expect to loose 1.5K in default (currently just a few quid under 1K) .... all assuming FC stays solvent.

There were two entries for next year. As we wanted a 1 year cup, I took the deciusion that should a quid not be reached by close on 31 Dec this year they would be the joint winners and up to them to agree a single (or each set one up) charity site.

Stringer (who said 30 Mar 20)
Uksteveg (who said 09 Apr 20)

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I think you are right that a quid is improbable this year... who knows next year.

Last week there was a statement about the future strategy being presented to cabinet for gazetting ... does anyone know when the SA cabinet meets ?

not going to argue with you RK... just I will.point out that originally Mokopane we expected 18 months ago... long long before Vanchem.

I do however agree that although Vametco feedstock can be used at Vanchem, the story is just so much better with Mokopane.

Not long now.....

RK ... "
There is no way Fortune will have moved ahead with Vanchem purchase without being sure that Mokopane will happen.".

I completely disagree ... FM would have snapped up Vanchem with or without Mokopane. One of the great limiters to the market recognising the Bushveld potential is that it is one mine, one product ... having multiple processing sites is a very significant de-risk to inward investment. This is why we rather expect a significant re-rate very shortly

Does make the point about rebar and Vanadium. Just terrible three people lost their lives though. Sadly, I fear not the last :-(

I like 109% ... that sounds a bargin

exactly Alfa ... and if you can stand any of his vid/tutors on stock picking you realise he is so cautious that he might as well stick his money in a bank paying 1% !! ... not very impressive, but does like the sound of his own voice

well they all know Vanchem is coming ... they all must know what that will mean ..... so finally perhaps the vermin will scurry off and haunt someone else for a few months

I used to think that but have had 3 hols in a row with zilch ... maybe you will have the jujju now numpty5

what network does GiffGaff use Alfa ?

exactly @Knuttie .... it is a key de-risker.

Whatever 'we know', from the outside Bushveld is a junior minor with one mine and one plant making one product ..... at least for a little longer !!!! :-) :-)

we are all bored of it and just waiting for the market to recognise Vanchem and all the other good news