RE: BMN’s 2021 achievements23 Dec 2021 11:14
"Now we all know what happened next … the V price rise (as predicted by Fortune)"
- I do not recall FM at any time saying he expected Vanadium pricing to hit $120 (or indeed anywhere near it) ... Happy to see the evidence
"Now you argue that the rise in share price had nothing to do with Fortune, so tell me this. If Fortune hadn’t acted quickly, negotiated a great deal to buy Vametco and instantly become a producer where do you think the share price would have gone in 2018 if BMN were not producing Vanadium? The 48p sp was reached only because Fotune had bought into Vametco, seizing the opportunity when it arose, and thus allowing BMN to profit from rising V prices."
- You conflate 'I think therefore I am' ... the latter is a consequence of the former and whilst FM correctly saw the Vanadium potential, he in no way predicted such a massive vanadium price rise. But it is hard to argue that the pattern of the SP does not pretty much mirror Vanadoum pricing. Positioning the company put us in the right place at the right time.
So what has happened in the past 6 months as Vanadium pricing has steadily risen by over 30% ... where is the reflection in SP... where is FM's hand in it ?
If you had not noticed (clearly), I was basically agreeing with you. I know ... hard to believe ... but FM positioned Bushy in the right place at the right time to catch (the first) wave. The net result has been that expansion costs could partly be made by profit instead of dilution: a point often overlooked. But they did up their salaries and packages to match the new found wealth. A point that for the past 3 years has hardly been earned (various views are had).
Please don't spoil your posts by ending in such a pompous manner - we all have views and to say 'read my posts properly' is pretty rude. I could say 'Tuche'
and @Beginerman .. "can influence others with their opinion" ... well so what ... PI's need to do their own research, form their own views. Otherwise they become poorer.... remember, for me to make money, someone else has to not make money ! I bought my first really bing tranche at around 2p and caught the wave to 8p.... that was research, looking at the various opinions and coming to my own conclusion. I may not agree with the often firm (aggressive is a bit harsh) way Pdub posts and comments, but he is perfectly entitled to offer his perspective. As is anyone. You on the other hand just moan about that