Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
had some more including a 80085 just for a bit of fun. as per usual they put the price up so now sitting waiting for the next drop for some more.
Clearly the drop is not on news as there hasnt been any, good or bad, but its a welcome opportunity to add. gla
I still add every so often. I started doing 80085 when my brokers "lost" a round numbered trade and then said because it was a popular round number they couldnt find it. subsequently, I noticed that whenever I bought 80085, whenever I bought again, the deal price went up so I rarely buy 80085 now. I now buy only in the dips, usually 30000 and follow it with 25000 or 20000, whatever they will allow. gla
MUST started out as a cash shell for oil or gas investment. subsequently Joey Borromeo of acacia (bmn major shareholder) has bought or has rights to buy 24% of the stock and the MUST webside was amended to being a cash shell opportunity for renewables especially storage. putting the smoke with the fire suggests Enerox is about to RTO into Must. Must is main market. I have shares in MUST on a FOMO Basis. buried in the documents i read is a comment that the target company has 130 live sites. Cellcubes website says much the same. 2+2=4 or 2+2=5 we shall see.
apologies to the FAR board for coming on here, I am not looking for an argument.
We could do with some of your hype and positive PR over on BMN, to get our share moving, and reading some of the comments on here it seems to me, the board is dominated by 10 or so posters.
I was unimpressed by the opportunistic divorce placing/directors sale. I was unimpressed by the after hours RNS and completion by 7am next morning which felt like a carve up to me, and we have no idea what institutions bought in to the disposed shares. I suspect tracker funds who lend shares out for shorting could be in there somewhere. I will be monitoring morningstar to see what holders turn up.
I will watch FAR with interest to see how it goes. I have sold my residual holding rather than watch it get swallowed up.
There will be shorters arriving here. I have seen one or two names already who fit that bill.
I am still in BMN, IES and MUST and have confidence in the Vanadium story. I am sure FAR will do ok in the long run but the path to scalable production is expensive and time consuming, so faced with the choice of taking a profit now or digging in for 3 years I have opted for the cash.
good luck
https://www.greenbuildingafrica.co.za/south-africa-list-of-2000mw-risk-mitigation-ipp-programme-bidders-announced/
this article includes a list of the bids 12/2020 on which there will be announcements today.
https://www.proactiveinvestors.co.uk/companies/news/942977/bushveld-minerals--remains-confident-rising-vanadium-demand-will-continue-in-2021-942977.html
although this is a couple of weeks old, I thought I would put it up again for newbies looking in and those researching the MUST ticker.
I am a long term investor in BMN, as is Mr Borromeo. BMN are building a Vanadium VRFB vertical business with ownership of IES (aim listed) and Enerox (unlisted) and vanadium electrolyte supply agreements exist between BMN and both companies. If the MUST spac evolves into the full listing of Enerox, then its worth holding MUST. I am invested also in IES where I invested early on the same basis and it worked out very well. Speculative, but consider the smoke and look for the fire. GLA
added more today. with the pilot flotation process mentioned as a success, the detailed RNS to follow, and Talaxis poised for further investment, steady progress can be anticipated.
I believe the MM are trying to pick up shares. Not selling mine.