Member Info for faramog

My past emails to Chika have generally taken 3-4 weeks to get a bland nondescript reply ... so I message directly on twatter .. see what happens.

Might not be able to make it anyway - if the weather is good I have something far more important to do

A mate of mine just did the Lakeland 100 in a little over 37 hours

Muppet... He missed the Lions duffing the Box

summary @Taufour ... its a quiet day on the telegram group so far .. in the past 18 hrs or so only 149 posts .... many days are 300+

Not gonna summarise that I am afriad

nice post @Lindon. As for @ThreeDuke, good luck, but buying at 15 (av) and selling at 11.7 make you a classic impatient gambler (investors don't do this)

Good luck with ARB -- the grass is always greener etc etc ...

Jagadish .. yes, but others have steadily added.

When I ran to voluntary record at one point around 200 individuals essentially owned close to half the company. Now I think the PI base is a lot higher, with a lot buying during the last rise so are now underwater. Whatever way you look at it, they will not vote for a T/O that looses them money

@DD .. out by a factor of 10 ! .. would be delighted, but in the real world a lot more sustained delivery is needed and a lot wider market confidence about VFRB

I have no idea what the PI holdings are now but just going by my last recorded data (March 18)

10 holders held 12.8% (> 9m shares)
14 holders a further 7.3% (> 4.5m shares)
23 a further 5.9% (> 2.3m shares)
51 a further 6.0% (> 0.9m shares)

98 holders holding almost 33% of the company

Many others have increased holdings as have many reduced. There are lots more new entrants. More than enough to prevent any low ball T/O and force a proper vote

People need to stop thinking about a T/O - it is not that it could not happen, but there are ample shares held still be a relatively small bunch of (mostly) long term holders) who would want a very significant multiple on todays price. I suspect @GrahamWebb, that your number of 80p might be the minimum for even Fortune to entertain right now !

Nicely put @NickD ....

@knuttie .. they were the mythical 100's of leads from RedT remember ....

That said, I do think a lot is going on and the reason MN is off the grid is because he is unable to speak about it. No I am not being naive, but realistic. There is the endless Eskom saga (of which we may end up supplying vanadium to someone to make electrolyte but not a lot else). The bits I am more interested in are the 1-10MW systems now individuals/orgs are free to plan for - timed nicely to when the electrolyte plant is ready.

Sentiment can change very quickly. Move to FTSE main board would be a real biggy. Paying dividend (even a small special (on say Lemur sale), direct VFRB sales with vanadium/electrolyte or leasing arrangements

I maintain that end of year SP of 35-45 is where I see things this year (and assuming the Vanchem works progress well etc etc, a lot more next year.

All this talk of T/O misses an essential point, there are more than enough PI's who can block a forced T/O because (as is often lambasted), there a few large II's - there is no realistic T/O possible without it being on friendly terms and a very significant price above current (8-10x would be my estimate to get sufficient PI backing right now).

Nothing much I fear is going to happen until Q3 results or the leak of them

No not a 'great' RNS - much of what has either already been posted or leaked. Does paint a picture of a corenr being turned and both production output going up and costs neutral or lowering.

Upper seam statement interesting ... and fairly positive as there was a real question on feeding Vanchem

Thought they had largely missed Covid cases ... 54 but interesting the Company has been vaccinating employees - wonder where they got that from

I suspect a bit of blue today is the generally positive feel, but will all hinge of Q3 and sustained growth

So troops ... as you were ....

welcome back Jamiejojo .... FM's recent interviews he rather indicated he 'got it' on PR... so lets see if we have now had the bad stuff and a solid stream of good news comes out !

I would be happy with £1 right now !

@Disgruntled ...
"Well known to the Corbine cup" - nope .. never heard of you ... of the 111 entries you were not one of them

oh ... and 'member since 14th July 2021' ... so about 5 days !

I read Knutties frustration - we are all frustrated but I don't believe he is in any way serious.

Our family in total has around 3.5 million shares between the various SIPP's, ISA's and Trading accounts.

To any nefarious types - they are not a target, they are not for sale and whilst we do have a sell down plan that is based solely on the SP rising significantly. We in no way need this investment for several years, so whilst you may think a few hard shakes of the tree will loosen resolves from large LTH's - not from me.

Have a nice day !

which rather means someone is soaking the shares up ... if they have a target they dont need a TR until done (as I understand it)

just ask the admin @idiot .... closed to prevent infestation.

Actually now pretty good group and aside from a bit too many gifs, got good info

Icarus... Most lth's now post on telegram it seems... Private troll free group

so @ZQ33, why are you invested if you feel the BOD and FM in particular is so bad ?

Just curious (everyone is entitled to an opinion after all)

get dialled in

would that be why the SP has dropped @Potatoman

not a pretty read !

It's as if this lot dont get Zuma was a crook holding a gupta boot over their throats