Member Info for fatbanker

http://www.engineeringnews.co.za/article/bushveld-energy-and-partners-deploy-eskoms-first-vanadium-redox-flow-battery-2017-11-21/rep_id:4136

http://www.ee.co.za/article/eskoms-first-vanadium-redox-flow-battery.html

bid 3.20 ask 3.40 so the mid is ah yes 3.10

bid 3.30 ask 3.40 so the mid is ah yes 3.10

welcome to the board AfricRonin. post recommended.

MEM - dividends will be a lower priority than capex for some time to come. once the business matures and capex drops away, BMN will then have to decide whether to go for further growth or to start paying divis. I think its more likely that once we are a proven settled reliable generator of cash, we will see a TO. gla

jogj - I agree that was very nearly a joke. hehe

no Ryanair to limoges

the last 2 times I have returned to France the SP has jumped. For wave theorists you may wish to know I am returning Monday evening for Tuesday opening bell. gla

here is a thought for you on risk and reward. If you assume the reward is the amount by which your investment increases that's a fair assumption. The risk is more subjective, if you invest �100,000 in BMN as an example, your risk is measured by how much it might reduce in value. For some investments on AIM a full reduction to nil could be assumed possible and in those cases the risk is �100,000. For BMN I believe we are well beyond the point where a total loss is even technically possible. Lets say for sake of argument that the maximum loss is currently �40,000 and the maximum gain is �100,000 currently, that in my opinion is one way to measure the risk reward. BMN is 5/2 to be profitable as an investment at the current time. If you feel BMN has say an evens chance of success, then an investment now carries an evens risk of 50% and a reward 100/40 or 250%. That would be a very good bet. make your own assumptions to assess your own view of present day risk reward. gla

following on from your view of wogen I suspect we are no longer using their financing facility and its conceivably a pre existing agreement with BMN that Wogen could or would liquidate once the facility was no longer needed. I recall a RNS in 2016 where clearance of wogen was expected within 2 years. gla

if you list the 250 and 500 deals in time order its quite obvious there something going on, several of them are exact same time.

hi Alfa - would you agree we are see a lot of duplicate or paired deals some on time some delayed but all multiples of 250k shs. This feels like a similar scenario to the erongo disposal where pairs of deals represented the movement of a single sum of shares. is that your view also? gla

IMO we are now entering a period where demand for shares must rise and so logically it makes sense to hang on to your shares MM's are doing their best to prise shares away from investors in advance of the newsflow we know is coming.

get your own number 56887 would be my suggestion for you.gla

nice comment buddy thank you. I am basically all in at the moment, I have more funds coming later in the year, but current cash is all earmarked for work I am doing to my place in France, a new motor and a family holiday for 10. I have a small fund set aside for any MM dips but am now basically sitting it out. gla

thanks Clark. these trolls mostly have a similar DNA. They raise questions for the sake of the question and the doubt it might raise, and generally they aren't interested in the answer no matter how accurate or informative it might be. They never thank the respondent for answering the question. their posting history is full of sharp critical one liners, again designed to either present the impression of being some sort of guru on the subject or simply to provoke a response. when losing the argument they resort to amending peoples user name to insult them, or making general derogatory statements about the BB in general. its not just BMN that suffers them. gla

i thought you might like a bit of nitpicking criticism seeing as you are a specialist at issuing it. jog on buddy.

formally not formerly. good luck with your English lessons.

well you have convinced me. I am selling 16.5 million shares next week. thanks for your help.