Member Info for faramog

Did not really expect this .. felt it may be flat until the Q2 numbers are released maybe ...

Last ditch shake perhaps ?

licence issued ... charter signed and sealed

well cindercone ... having had 3 filtered posts right after mine my inane curiosity took hold .. your petty minded replys shows why you are filtered by others ... and now me ...

no one is predicting anything ... just doing some basic maths and then using sector PE as a multiplier ... does not mean it will (or even can) happen. SA has political issues that downgrade it.

A year ago, I dared to dream 20-25p .. as the numbers rolled in, the ownership went up, the other news in etc etc I have revised my own estimation of a realistic range... I am not saying 10quid.. but it is not beyond the realm of possibility... but 2-4 is ... that's a 2-4B pound company ... more than 0.5B net profit .... its primary school maths and nothing more

@cindercome .... "There's been plenty of contributors coming on here claiming a £10 SP in 4-5 years. I think we all know what would need to happen for that to be realistic, and I'd be delighted if it came to pass, but at this stage in BMN's development it's *******s. "

Well.. a few months ago I would rather agree with that sentiment ... but having revised my own model with the updated pricing and trends.. circa 20K tonnes in 2 years time at 70% ownership and an applied PE of 15 (as other point out a realistic sector number), I get £8.45 ... that excludes Afritin return, Lemur, Brits, BE and some of the other longer lead perhaps stuff.

I am both amazed and in awe of the possibilities .... a heck of a lot needs to happen, but getting to £2,£3, £4 even seems not just a possibility but a strong probability over the next 2-3 years ...

One of the great things on this board - we probably have better and more accurate numbers spread over than many a broker .... GLA

thanks reteps ... my filters are:Bolgas
Borninusa123456
Caballero
Capablanca64
DaveD7504
deadcatsbounce
Donaldtrump01
espaol
jamesroo
jayfax
jiddy123
LawrenceH
lemaillotjaune
meanreverter
nvhltd
Sbuild
TigerByTheTail
timkempster
Twonko

Others (yours and others I noted not above) are:
98D7
allthatguff
athomik
BackDoorBill
beardozer
Blueface
cindercone
evileye
INFINITYT
JimmySt
silvergdad
Staticinferno
Strider4
theSarayiahpost
Where.angels.fear.to.tread

exactly Sanchez .... 'I was trained in Hedge fund' something or other .... would have had to be pretty thick skinned I would thought ...

Nitrovan is a patented process .. just curious who owns the process ?

yup.. mine gone.. looks like the thread removed... cant say I saw anything bad... an honest question just not framed all that well ... debate is a good thing ... snowflakes !.....

always a good reminder .. was it BBN or Pdub who a few days ago demonstrated that if Vanadium price fell to circa $37 with expanded production we would still be making the Current (2018) projected EBITDA) ... and the SP is arguably undervalued on it by a factor of between 3 and 5

This is the only stock I am looking at where I see only the faintest glimmer of a downside risk in the next 24 months ... the Mokopane license and the charter signing when they happen will unlock SA investment and Bushvelds cash flows.

If I am reading the fibonacci tea leave right (and I must confess its a guess) .. then resistance point at 26.1 then clear skies until 34.

But I am not good with tea as I mainly drink coffee ...

talking about quick deployment time and the ability to help solve SA's energy problem - the power system in SA <in the future> will be very different from what it is now.

Eskom have a Li-Io and a VFRB now ... so some real comparison possible
Electrolyte facility at East London on track for production next year.

BE doing what FM's mantra seems ... stick to the promise and over-deliver ... great interview

little tree shake ??

slow and steady is fine

GP finished in the nick of time before the rain... except Vettel blubbing into the radio... absolutely made my day ha ha

I was rather thinking on the lines of (for the sake of argument) large solar arrays in the Saudi deserts charging a lake of electrolyte, loading it and shipping it using some of the embedded power ... bit of a wacky idea .. but only calc was a basic equivalence of energy in bunker fuel ..... I can think of loads of holes in it.

... but like all basic ideas.. the devil is in the detail (and I was really only thinking of tankers taking energy in the form of electrolyte as opposed to oil ....

respect that Paludina .. I get very seasick so stay away from water (ha ha) .. my point though is no one knows .. as its not been looked at as a technical possibility yet ... or has it ? Your experience may say 'this will not work', but then the same argument on EV-cars was put forward

Alfa - I think when I had a rough look I used the energy density of bunker oil, an approximation of the actual energy used to propel and then the same cal backwards to electrolyte .. as I said.. bit on the back of a fag-packet so my have just scribbled it out.

will have to disagree with you Paludina. Firstly, there has not (as far as I know) been any serious study or trial. Second, your 4 hr turnaround may be true for some ships but not big ones and that just becomes part of the economics model. Finally, and the thing I believe will ultimately drive some change is how polluting these mega haulers are. They burn pretty impure bunker oil and shove vast amounts of sulphur and other nasties into the atmosphere.

Change need some serious trial work to get a model that economically works followed by political will.

oh yes ... mega solar farms in Saudi (that are being built), Electrolye charging and then ship the new 'oil' in the same tankers ... only difference is the 'electrolyte goes back for re-charge).

To do this (say UK) will take government cap-ex backing ... but be a heck of lot cheaper than nuclear