Member Info for faramog

2m UT at 42 is outrageous manipulation

thanks NMS .. note and welcome

@NMS1966 - the numbers you gave yesterday amount to about 90K shares .... but you say you have over 200K ... just checking for the tracker

https://onedrive.live.com/view.aspx?resid=7CA08D1AD119BB44!349&ithint=file%2cxlsx&app=Excel&authkey=!ACwzApTR8TVzc8Q

looks like all the posts of our ski troll have disappeared ... result ... all his pish on other boards still there though

7.4% down .. 43p now... some MM shaking going on as buys outweigh sells (at least on moneyam)

@RK ... you working on the no 1 spot for the ramper site LOL .... a tenner SP and div bigger than our current SP is certainly not out of the realms of possibility ... but as her ladyship says 'you will have sold off most by then won't you' ... sure honey ;-)

but Sanchez ... that £2+ is now .... in a years time I would think rather more ....

Its interesting but I think FM has played his hand rather well keeping the profile low and real profitability under the radar. By the time big boys get real wind of the numbers next summer perhaps we should be flying and a TO on the cheap would be all but impossible. Well FM did says some years ago that shareholder return and value was a key thing for him...

excellent RK ... plenty more laughs is a good thing for senior domestic management right now

brilliant FB ...

@pdub .. 15:21 .. a buy of 1 share at 47p

"Bushveld is committed to delivering attractive returns to its shareholders. During the second half of 2018, the Company will define a capital allocation framework, which will outline the Company’s approach towards shareholder returns, including a dividend policy designed to encourage capital efficiency, to support the Company’s growth initiatives while simultaneously rewarding investors."

may well have done this action ..... Does not actually say they will tell anyone (ie us)

interesting ... corruption in china .. really ...:-)

Chinese steel mills continue to cheat the system by failing to add sufficient vanadium to alloy their steel rebar as required under new construction regulations.

The result is that demand for ferro-vanadium is said to be falling short of the 2,000t per month of additional vanadium estimated to meet the new standards.

Ferro-vanadium prices continue to support extraordinary high levels despite pulling back 9.7% to $82-85/kgV in Western Europe.

Prices for ferro-vanadium also pulled back 2.6% in China to US$93./kg for 80% FOB China according to AsiaMetals.com.

We suspect many buyers in the steel industry are holding back till the new year or for lower price levels.

The Metal Bulletin also report that new standards for Steel Rebar in China are not being as well enforced as was previously expected.

China’s new standards require 600MPa-tensile strength rebar offering better earthquake resistance which should, in theory, require Grade 3 and above Rebar with higher vanadium content and should virtually eliminate production of Quench and Temper ‘Q&T’ rebar steel which is more brittle and loses strength and integrity on corrosion. Under China’s new rules and using new testing equipment ‘Q&T’ rebar should not pass quality tests.

Problem is that corrupt Chines officials may still be allowing Q&T rebar into the building trade enabling producers to save on the cost of the vanadium.

The new standards require 0.03-0.05% and 0.05-0.08% of vanadium to be added to differing steels adding

This is relatively little metal in tonnage terms with the new standards requiring somewhere between 0.3—0.8Kg per tonne of alloyed steel

The report suggests the lack of new vanadium demand is down to cost saving by steel mills driven by lower profits and steel prices, no requirement to provide data on the alloy content on the rebar produced and a lack of inspection teams.

Conclusion: The Chinese state is seen as responsible for the integrity of construction and memories of fatalities from the last major earthquake feel relatively fresh.

China’s authorities are not likely to tolerate the use of substandard rebar in construction for long and will surely send inspectors out next year to enforce the new standards.

@Rob1067 ... PMSL .... surely .. you meant 65p !

agree to disagree then .. I have been invested in FC (ie lending on it) for almost its entire existence ... nice returns and there are losses but overall very positive. To grow in value it need to massively upscale as its value is dependent on the volume of lending (fees + a share of interest) ... I see a solid return but not a stella one. I chose not to cash in loans and invest direct in stock as so far the numbers to me say the return on lending is better .

This may not always be the case so I am watching and reviewing ... GL to ya

good spot .. I thought the high was a bit more (may have been the high bid)... previous highest close looks to be 48.4 .... so new all time high close

rock 'n roll .... 60p close friday anyone ?

250K, 300K, 1414998, 435002,300K, 750K, 300K, 1M, 96500 .. around 4.5M

@Rob .. all time high was 49.85 on 14 Nov... just note the SP was around 8.5p a year ago ... 600% in a year

am I reading you right @jogj99 .. you expect an SP fall back tomorrow ?

looks like 48.35 close (unless some late ones come in and adjust) ... not 50p but wiping its feet

you were almost bang on Alfa .. 45 mins to report your 150K buy