Member Info for faramog

you are welcome FB .. I had not considered the short furries but would make a lot of sense.

Anyway.... If they can sort the funding (big if) then the story is very positive... but sadly the great unresearched are being suckered by a vocal bunch of rampers....

best read again .. FB did not invite anyone to the BMN board .. just stated who he was invested in

on the BMN bb he has a reputation for very careful, detailed and reasoned inciteful comment - not a ramper/de-ramper ... but each to their own

not time to watch it all until later.. but just that clip rather makes the point !!

we are talking about FAR @Sp28 .. I thought .. feel free to pose that question elsewhere and see what happens

I did watch ... and it is aspirational ... the recent long Vid right at the end was clear .... 'There has been little done on the $100m funding'

You are blowing smoke .... until there is an actual RNS.. it is not there

@Hazbeen ... the price of vanadium is not nearly as important now (and yes embryonic) leasing arrangements are available. the transfer of Capex cost to Opex makes VFRB very attractive and leverages naturally to commodity price variance

another 10 days or so .. be good for Beg 'n Isa folk !

@SP28 .. grow up FFS

Anyway ... made my points and since the SP has fallen almost 50%, not an unreasonable question to someone clearly so much more knowledgable than me on your views to the floor.

Vanadium is in world deficit and if VFRB is to become high mainstream, I repeat, the world needs a heck of a lot more of it - way more than BMN can produce... we need more producers ..... is FAR one of them ? All I point out is right now the presentations are all aspirational

well @matt .. the 'lazy' dont get it because it takes time and effort to understand (right now) .... sorry, but part of due diligence is really understanding your investments.

Right now, BMN (in my view) is still viewed as a small commodity miner. The rather larger revenue stream picture is utterly lost and not understood... unlil (IMO) it actually integrates and rolls out.

FAR is quite simple to understand and I get it .. just want to see (and believe) the actual investment numbers - not there yet but if put in place then yes, a good business..... but like many miners, they fail because they dont get the investment. All the positivity is just that - aspiration.

@SP28 .. more smoke .... "So they will require approx $50-60m in debt funding. Sir Mick himself has raised over $40 BILLION in funding over the years!!!! "

So a large pile of cash (a lot more than $60m) is needed according to the recent video and if you think it will be by debt placing alone because 'Sir Mick' is involved then deluded you are.

I don't give a stuff what 'Sir Mick' has done in the past .. does not mean he will or can do anything here ... until or unless it happens it is all aspirational

What do you feel the floor price will be ... 10p, 15, 20, 25 or is it at floor now ....

@older .. utter hogwash

- as I said, the world needs a lot more vanadium and there is no cosy world view
- The BMN Sp rise and fall is (as you well know) based purely on the Vanadium pricing. The track of graphs is uncannily a delayed mirror despite the investment, de-risking with 2md plants and increased ownership. Unlike the FAR simple picture, BMN is a complicated vertical integration one (hence lazy people don't get it)

Perhaps you could enlighten everyone where the initial (and it will be initial) $100M is coming from to get FAR to the claimed 5k tonnes output ... otherwise ... it is all aspirational and FAR's annual output is the same as 2 weeks BMN production .....

less of the insults .. more actual facts please

Actually Mr.S, the BMN 'crew' are reserached LTH's who have bought into a long term world vision around Vanadium.

Contrary to the views of some rampers on here, none of us are interested in dissing anything. in fact the reverse. A great deal more Vanadium needs to be produced.

But as that video on the 19th points out, just phase 1 needs at least $100m and there is no sign of that (yet).... to all the PI's being duped - Do some research.. follow the money .. ask when/who/how the funding is put in place.

I for on, as I said, continue to watch and assess. When (if) funding becomes fixed then maybe there is a very bright FAR future - right now it is all aspiration and dreams

daddy -dancing then Bushy100 LOL

ha ha @waydan ... the old Bushy barn line-dance ....

@james2k66 - saw some comments so unfiltered you ..

We all have bad days and can be right keyboard warriors ... thanks for the apology - I appreciate it

Lets move on :-)

just a quick thumb over .. 45 mins "Phase 1 requires $100m and the company has shown little progress finding it" .... $100m for just phase 1.

The Operating profit slide is impressive, but ignores the balance sheet total which must include the costs of mining the other stuff ... not saying it is not profitable, but the story pumped is Vanadium is free .. well it is not !
As I said .. mining costs money

ahh .. thanks @Momentum.. not seen this .. thanks

"All my points are based on facts and what has been said and presented by the company!"

I rest my case ... where is the funding RNS .. the detail ... your 'facts' are aspirations

As for that juvenile 'Sir Mick vs...'' idiot ... it is not a competition. There is a maxim of PI's .. Do Your Own Research and if your research means lapping up a load of pumping ra-ra without actual demonstrable numbers then don't cry if you get burnt.

Anyway.... as I said ... asking basic questions, happy to invest when I have some answers and can assess my personal risk, but until I see actual demonstrable numbers, I do not have enough to make a decision (other than a casino punt)

but those bi-products come frome mining also ...the smoke & mirrors is to then say you will amortise costs over those and effectively make Vadium a free bi-product.. Afritin produces Tin and is looking at upscaling to a full plant. There is a significant level of Tantelite and lithium ... Tantelite sells for 6-7x tin .. if you do the sums, Tin becomes free to produce. However, they still need £25-£30m to build the plant to do it.

So far, I have not seen anything other than a few aspirational slides showing the costs of getting to 'free vanadium'

That is all I ask .. not dissing, not disrupting, but sure as hell not investing until I do know the costs. When I do, I may well put money in as Vanadium is the new world gold !

No problem with your ubber ramping ra-ra ..., but be honest that the operation of mining costs money .. a lot of money ... no element if free !

Actually sP28 it is you preaching and taking in people

I just ask the ask the obvious

As for infatuation with FAR.. no... With Vanadium which the world will need a heck of a lot more of.... Plenty of both room and need for new producers.

But your list of 'facts' are personal beliefs and aspiration