Member Info for faramog

You are full of it @AimWolf .... "For me I'm selling, I cant see any reason to hold. Big lesson learnt here." .... "i don't think im going to seel today. very hard to sell at a 90% loss. "

.. as I said ... the rules for newbie trolls:

Rule 1.. post inane drivel constantly so the number of posts makes you out to be 'a contributor'

Rule 2... When said demi-god status has been achieved, postulate all sorts of rehashed guff and call it 'research'

Rule 3... Deride all-comers who dare to utter the word 'Jehovah'

No sign of AimWolf selling his circa 500k shares then

Is Capa morphing into a 'Quad-bike' ?

https://www.trussty.com/2020/08/a-super-quad-bike-with-fierce-and.html

Good write up here...

https://theoakbloke.substack.com/p/spr-specially-pleasing-result

Well put UKsteveg .... FM had a great vision, but a mixture, of practical reality, bad luck and covid rather burned the posts down a bit.

As stated before, CC rather laid down with some clarity the plan:

- we have to get smaller to get bigger

- we have to focus on the basics (ie plant operation & costs)

It is not all doom & gloom - the Cellcube ownership could easily be worth $50-$100m over the next year and despite the dilution, if the costs are controlled down, the consistency and production go up and Vanadium pricing increases modestly, then in 12m the profit, balance sheet and cash flow position will look very good !

May not have had the choice !!

despite dubby banging on about costs coming down, vanchem is loss making and its costs somewhat higher. it is not making a profit and seems to be struggling both to get a consistent output, and get a consistent feedstock suitable. its staff appear to have local control 'issues' given the level of intervention put in place.

a long term high vanadium **** supply is a good thing, if the personnel issues can he reduced, the consistency go up, then the costs will be down.

50% of a profit is preferable to an endless 100% of a loss !

Perhaps not Vanadiumdummy .. but I may have a slightly deep perspective than you... I can't be doing with you endless 'I am new and want to lear ... naaaww .. I don't agree you sugar coat it ... but I want to learn' .. pi5h

green bin

No @V1per ... they are realising non-cash generating assets to provide a working capital injection ... anyone remember Craig's comment in August .. "we must first get smaller to get bigger"

Yes TB .. a handy tax loss .. along with the near $10m book value loss on Vanchem

One other thing, is the point made by Alfa a day or two ago about the 'real money' is about how much you can cycle the system and really you get the payment for pumping out power and flow systems can cycle several times a day with practically no degradation

When that is really commercially demonstrable, the big penny will likely drop !

Erm .. well .. flow system traction has been a lot slower in the 'west' despite vast Green net-zero agenda stuff and that is in itself a bit bizarre. the problem is that the investment case really needs working examples to demonstrate and there are oodles of examples around Lithium. The mini-grid coming into operation by the end of this year is a very big deal in both SA and as a showcase as it combines 3 key elements: novel finance, renewable (solar in this case), and leasing.

It is not going to take many real-world demonstrable examples to change the investability paradigm: just look at the Cellcube and IES pipelines and commissions in progress

It is certainly the case that every gram of Vanadium could be sold into steel and steel growth will be astronomic (after all, most big renewable systems need a lot of infrastructure building - winner winner chicken dinner !

Long term, it is the rental side that looks brilliant as it is exponentially growing revenue streams with an asset (the electrolyte) that barely depreciates (unlike Lithium systems).

China has an autocratic system and the rulers simply 'decide' what will happen and the sheep get on with it - they are far less hampered by iiR and business cases and can (and do) look much longer term.

It is the next 6-12 months that look the hard part for BMN: but given the likely value return of a Cellcube Nasdaq listing, I am not at all sure there is much of a problem past the next 3 months - I guess that is why the likes of Kamran have bet so large

I think we will find out a lot more shortly when the H1 comes out and the ensuring dail-in and InvestorMeet. Whilst from the outside it certainly might look very risky, and if I was new in I doubt I would buy much more than a small punt right now while waiting for the Orion re-finance to complete.

I was much impressed by Craig's candour about 'getting back to basics', cost control, better maintenance plans and more consistency in mid level management - in 6 weeks he seemed to have implemented or started quite a lot.

I also don't think the likes of Kamran Sattar would be buying over 30m shares to add to his MUST CLN ones if he felt it was all about to run out of cash and fail

Have a look at BushyTailed's posts .. practically every stock he/she/it posts on there is this whine about 'not enough funds' ... you remind me of Marvin the Paranoid Android .. 'I am so depressed...'

Yes .. and in Finland the state heavily subsidises rollout and maintenance costs ....

Another excellent read... Had not realised the optimisation progress Cellcube has made... Bodes very well for a Nasdaq IPO

You miss that the world (western) is now trying to divest of china pipelines... Xi has overplayed his hand and un-nerved no end

"The name is Pdub faramog."

erm .. not to me it is not .. when you start showing some tolerance and respect to others perhaps .. but frankly .. you are rub-a-dub dubby to me right now ... good for a laugh and poke and nothing more

There are very few people I dislike and time heals a lot (I now have a great relationship with my ex wife and she and my wife get on like a house on fire) .. time and some humility

Until you show that .. I do not wish ill on you, and genuinely wish you well in you cancer battle .. but frankly don't give a fig what what you think or say

Squirty.. thanks ... yes, just re-read the RNS series and I think I must have had the wrong end of the stick ...

But we do agree it is not in their interests not to re-finance, and I do agree that next 12-m cash flows & costs are vital...

Thanks for the correct :-)

Sorry rub-a-dub ...

no .. you show some respect first ... otherwise, to be .. you are dubby (sticks & stones etc...)

If you are getting annoyed, then that is how many on here feel about the way you post comment to them ! .. being polite is free and nice, and if you look back at my post history (the ones you have not got deleted) then you will see I have not been abusive to you. Irritated at the ra-ra, endless put downs, but actually, I rather feel your heart is in the right place (unlike goaty/capa types).

grow some tolerance ... I bet you will find it repaid no end !