Member Info for fatbanker

because if you have bought a chunk of shares at 6p when the market price was 7p you might decide to cut and run at 5.5p to exploit other opportunities elsewhere. it depends if your attitude is short or long. The MM will often take the sp down below the placing price simply to encourage placees to accept a short term loss to free up their capital for what they perceive to be other better opportunities elsewhere.

https://www.lme.com/Metals/Non-ferrous/Tin#tabIndex=2

good luck, I have been here since the outset and have built a nice holding here, and I feel everything is falling into place for this as a long term investment.

dont take this as a ramp but I am looking for 10/11p by november

IMO we will see lithium directed at the vehicle industry and V will emerge as the first choice for BESS. The demand for new and replacement EV batteries will make this happen.

just topped up again

as I said in my placees post below, the MM are currently pressuring the Ruperts Tristans and Myles of the world to dump their 6p placing shares. Once they give up on that the SP can rise.

y/e 2/21 output of 483T of 65% concentrate. 2022q1 output 183T, 730T annualised.
tin prices and tin demand at record levels.
SA mines written off to focus on Namibia.
BS strengthened by post y/e capital raise and loan notes extinguished.
Tantalum and lithium being fastracked, growth in tin production progressing.
profitability will improve as production grows and impact of higher prices continues.
very happy with these accounts.

look at the state of those 11500 trades. talk about painting the tape.

well thats the rns delivered and its contents were entirely predictable if you saw the recent FM interview, and/or had understood what effect on the numbers the 35 day shutdown would have. Whilst BMN isnt exactly Reuters, at least now they are mining and selling more product at higher trending prices into an improving world market.

the only thing about setting a tight date expectation is the furry bstards will agitate if its a day late.

the recent interview of FM strongly suggested the Q2 1/4 and 1/2 numbers due out by say 5th sept would be evidence of tangible improvement. Not much point anyone selling unless they have to. newsflow thereafter.

price pressure to try to get the 6p placees to give em up. once the MM realise the placing shares have dried up, they may let it go to 7p or so to encourage the remaining placees to take the quick profit. once that supply dries up off we go IMO

also, dont forget the associated JV VERL

I have heard the riots have died down in all areas except KZN area. That is how its being reported in SA.

tin stock now 875T , was over 1300 a month previous.

https://roskill.com/news/vanadium-vision-blue-resources-to-add-us7m-in-kazakhstans-ferro-alloy-resources/

I think that todays RNS is a signal that the the SP can push north, maybe Burundi is sorted out.

https://roskill.com/news/vanadium-vision-blue-resources-to-add-us7m-in-kazakhstans-ferro-alloy-resources/

https://roskill.com/news/vanadium-vision-blue-resources-to-add-us7m-in-kazakhstans-ferro-alloy-resources/