Member Info for fatbanker

great work alfa. once all the warrants are exercised this SP will be unshackled IMO. gla

endion - any newbies wont get that.

thanks MTB.

I have to go out tomorrow so I thought snort up some more. The value is already there the SP will follow. gla THOUGHT

80k 2355 gla

thanks, all replies recommended.gla

wcan anyone tell me how many are bidding and how many are asking please, thanks

33k @2270. gla

our stake increased by 15.9% for 20m usd, lets not forget sojitz were a minority shareholder and so 20m wouldn't be full market value for the shares acquired. gla

80k 2160 and 80k 2160. gla

does every RNS come with a free troll nowadays?. I think I shall have a look down the sofa for a top up.gla

78k ish @1922. gla

I just bought just under 70k at 1958. gla

I don't believe we will lose much in the way of sales. there is a supply shortage and the orders will still come, they will just be produced and delivered a bit later.

alfa
25000 @20p and 20000 at 20p at 11.07 and 11.09 were 2 new investors known to me. gla

80 @ 2037 and 80 @2049 showing as a sell hehe.gla

Endion - thanks for this info. This should have been identified as part of the DD of the mine purchase, and with a bit of luck the cost of correction will be recoverable from out of the royalty payments due to evraz.

missed then real drop but just had 20000 and 20000 both at 22p then ticked up to 2250 so decided to wait and see. gla

nice work alfa

coffee - GE Siemens or ICBC could all be contenders. Leasing companies who have a Vendor Finance arm would be best suited as they partner with the vendor to provide leasing and product to the operator. The vendor finance partnership can have pre agreed rules to cover the end of term unwind. gla

SORR - leasing is actually pretty simple and deals can be structured so all parties get what they want. it is possible for electrolyte to be leased for a long term as its useful life is unlimited. The first thing to understand is you cant lease an asset to someone if you don't own it yourself, this means BE or BMN or a friendly leasing company need to own it, and maybe need to buy it. the rental will be an agreed payment monthly/quarterly whilst the asset is being used. being the owner and lessor of assets is effectively being a bank which requires you to abide by rules and controls by governing authorities, dealing with credit assessment, capital adequacy ratios, defaults and recoveries. its this bit that makes me think BMN need to engage a professional leasing company. ownership of the asset can pass to the operator on final payment, either for free or subject to a one off fee, or it can revert to the lessor/owner. leasing one or two assets is simple enough but millions of pounds of assets to many users is a different matter. I personally favour BMN selling the asset for full value say £10000 to a leasing company who believe residual value of the asset is minimum say £6000 and then the electrolyte is rented to say REDT for £5000 plus interest over 5 years. at the 5th year the parties can either renew again, or collapse the deal and BMN buy the electrolyte from the leasing company for its residual value or some other pre agreed amount. This process allows BMN to recognise the sale in its revenue and profit and seperates them from the complexities of being a bank which is not their DNA.

I am wondering if anyone at vanitec has actually come out and said an electrolyte producer would retain ownership of the electrolyte in a leasing set up as my view is a producer would be unlikely to assume the role of lessor, being more likely to sell the electrolyte to a specialist lessor such as siemens or ICBC, (or to the operator who then sells it to the lessor and leases back ), who would then do the leasing to the operator. happy to be advised to the contrary