Member Info for faramog

Well @patrick.... No reason for that not to happen... Providing the finding to do it is obtained... It is the naive view it is peanuts and vanadium has a free to produce cost that is nonsense

sP28... You have been listening to Megs & ginger... 'my truth is ....'

Other recollections may vary

Largest vanadium producer in less than 2 years ... from 200 odd tonnes a year to what (bet you do r even know)
Piffle..... Stop being taken in by this Uber ramping nonsense.... Large processing plants cost in the $100's of millions... Even 'non magnetite' ones

I do find this board entertaining.... But if some. Not dissing just like numpty5 & others we don't want honest pi's taken in... Vanadium is the future but it ain't easy or cheap

The point @Sammy is that Bushveld has passed the cycle bottom and post refurb will start to deliver very strong cash flows. The actual profit will depend on all sorts of factors... But strong, growing and positive it will be

@JamieJo.. thanks for the update. I can appreciate you may have more than you can say but all sounds very positive.

Daily I am fed up, irritated and annoyed with where the SP lies, with the pace of Vertical Integration, with the grey and seemingly complicated 'story'.

But numbers don't lie... Circa 4700mtv this year rising to 6400 by sometime'23 and 8400 by ??? 2024/5 ?... World vanadium price is rising and set to stabilise $40-50 most probably with costs circa $20-$22.... A very large and growing profit just on steel alone.

All coming (slower than we all want)... But the figures are all there

ha ha Jag ... be good for exercise !

We have always had cats from kittens .. and boy do they have energy ... I think when our oldest pops her paws a rescue cat broken in may well be next !

never heard of them Jag ... may have been RedT as I was moving to Bushy

You have not got it wrong @Jag .. the market will catch up eventually (and deeply frustrating the wait is).

What will be the figures this year at Bushveld ? ... well ... approx 4,700 mtv at an average cost of (say $26 - there seems to be a higher cost spike) and average sale price over the year of say $46) .. gross profit of $20K /tonne => circa $95M. Even at a $10 gross profit that would be around the $50m.

In 18-24 months, 6,400mtv at $46 with a cost (reduced) to say $20 gives knocking $170m gross profit

Companies fail because they run out of actual cash-flow on the whole. Bushy has a solid and growing positive cash-flow, a growing profit and all the expansion investment in place.

Unless you are a trader, just hold

just note though... that 31.5m was when the shares in issue were about 40% of what they are now - he had a large an notifiable holding

no Sammy .. never had that many ... Last I recorded (on the old tracker) he had 31.5m (oct 17). As I understand he has sold down some, but how many and when is his business

He only retains 50m shares because of the pump.... Would have lost most of them.if this terribly convenient re rate had not happened.

And then says Far will soon be in the billions

Love to see the revenue numbers forecast...

$40b company soon... FFS can you even add up... How much vanadium needs to be sold at a pe of 40 .... Just asking

Yes... The early rampers... The salivating herd will as always get burnt

nice comment @numpty5 ... to the point ..... can take a horse to water and all that ....

yes James .. the timeshare convention types are scratching their nuts wondering if they got shafted ... LS is having fun.. FB is the voice of calm and various types are howling its unfair they were taken in by all the hype and ramping.

Popcorn time tomorrow !

well @Spev .. anyone buying on herd sentiment without their own research, then getting burnt gets no sympathy.

DYOR !

Get the popcorn ready @LS....

a good job there has been a sudden an miraculous SP rise ....

right dodgy looking character ... Sir M really did not seem all that engaged or interested

Did not know producing annually what we do in 2 weeks made you a 'Primary Producer' !

Not just FM @Sanchez ... the Mining Weekly chap was very excited and was almost pleading 'This is SA's time... get on with it'

Maybe the bigger picture has a wide audience already !

yes Alfa ... I started to think of 'whack-a-mole' in some very dodge dictatorship east of here !