Member Info for fatbanker

added another 80k.

vanadium price rising
steel sector demand rising
vrfb sector demand rising
government green spending around the world
bmn growth finance in place
eskom tender outcomes due this month
other lower quartile primary producer sp's rising
global commodity bull run
buying now for a long term hold makes sense to me.gla

you would expect VERL as a specialist lessor to lease electrolyte, but if the end user wants to lease the machine also that would be possible. if the user has bought the machine already then it sells it to the leasing company who then lease it back.

10. the amount of the lease can be higher than the amount of value in the asset, so any shortfall between revaluation of asset and amount outstanding from end user can be rolled onto the new lease. this is termed fresh air funding and as long as the asset value is minimum 10% of the lease value its all legal. The high residual value of the asset in this case makes this scenario unlikely, but the lease amount could be loaded for delivery costs, periodic checking, insurance, maintenance etc

a few facts for you regarding leasing.
1. the leasing company must own the asset to be able to grant a lease.
2. the % ownership by shareholding in the leasing company will determine whether its results are shown as revenue and expenses in bmn accounts or net other income direct to P&L
3. the term in months/years of the lease will be shorter than the valuable life of the asset. 2/3 year leases renewable at expiry are much more likely than 1 20yr lease. In this way cost of money, interest rates, credit rating, asset value are reassessed each time.
4. lenders/leasing companies have to hold much lower balance sheet assets to support short leases than 20 year exposures.
5. the present day and future value of assets are assessed by independent valuers.
6. books of leases can from time to time be sold to investors for cash if so desired, so at any given time the value of current leases can be calculated.
7. the price paid for the asset by the leasing company to the manufacturer doesnt have to be disclosed to the end user.
8.the end user will assess the proposition based primarily on the rental per month and any rights or obligations that attach.
9. end users will have capital budgets for outright purchases and expense budgets for monthly rentals, and will sometimes favour one over the other and vice versa

I bet a few bricks were shat.merry xmas

amazing that the only deals that could get done were a bunch of sells at 25k and 50k when it was nt to buy or sell at the same time.

also significant numbers of buys are showing red. its not the disaster its being painted to be. For example the "sell" at 16.04 for 100k shs is absolutely a buy. gla

Bristol tier 3 thru boxing day

market makers?

the MM are gathering what they can at the mo, it will go again before long IMO

everyone entitled to do as they please. I have had another 100,000 today purely on the basis that in 6 months that will be in profit. gla

and off we go again

just had another 50k. stay strong me hearties!!

20 million shares today with no RNS or speeding ticket and its not even 3pm

what a well timed boost for the guys and girls out in SA with their staff shares

so thats been done.

35000 merry xmas

thanks. post recommended

where are we with the occurance of a golden cross on the charts. I dont do charts but again it has been mentioned and then gone quiet on the subject.

just out of interest, which nominee names are used for 1. Golden Summit 2. The new buyer as I recall at one point it was felt GS might be moving shares rather than selling them. any factual info welcomed.

yes its done. company will now proceed with spending plans. BBN did some great analysis on what this looks like.