Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hopefully, it is not sabotaged :)
https://www.bloomberg.com/news/articles/2022-05-19/south-africa-s-eskom-reports-sabotage-at-power-station-to-police
https://www.shovel-stocks.com/post/why-vanadium-stocks-should-be-on-your-radar-right-now
Good read. Sorry if already posted.
Today, macro environmental factors regarding Vanadium improved (I.e. Chinese V prices up). Unless, there is some negative company info we don’t know of (unlikely, as the court case is behind us, and the outcome was positive), I suspect indeed this action is to shake out weak hands. Bull flag or not, fundamentals are very strong (understatement). The fact that Largo and WUC are rising in a red market, illustrates the these strong fundamentals. expect BMN will rerate soon.
Alfred. Sorry if there is a misunderstanding. If so, blame it on that I am no native English speaker. However… please change your tone. We are al here to learn and share BMN related insights/news. The title of this thread is in accordance with the post by Largo (I.e. Largo Inc. will release its fourth quarter and annual 2021 financial results). My intention was to discuss these results overhere. Guess I posted it a couple of hours to soon :)
From Largo’s website:
TORONTO--(BUSINESS WIRE)-- Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) will release its fourth quarter and annual 2021 financial results on Wednesday, March 16 after the close of market trading. Additionally, the Company will host a webcast and conference call to discuss its fourth quarter and annual 2021 operating and financial results on Thursday, March 17 at 10:00 a.m. ET.
Maybe they like presenting it twice :) ?
https://largoinc.com/English/news-and-media/news-details/2022/Largo-to-Release-Fourth-Quarter-and-Annual-2021-Financial-Results-on-March-16-2022/default.aspx
Hi DBB, this has not been reported by Largo. The Brazilian region where Largo operates was affected badly, but doesn’t mean Mines/equipment are damaged. We have to wait what they will say tonight. All speculation at the moment. But the floods could have definately some impact…
I think for us (long term BMN holders) it will be mainly interesting to see the how strong the traction on the vrfb market is.
In case, for some reason, the production of V by Largo is less than expected. This could mean more V supply issues, and might benefit the V price in general. We will see
Today, after stock market closure, Largo Inc will present the Q4 and 2021 annual results. Interesting to see is that prior to the call the share price of Largo Inc. is sliding. Insider information? Hopefully not!
Hopefully, we will see some strong results, and positive 2022 outlook regarding the Vanadium/vrfb market.
All Commodity stocks in (north)America dropped hard yesterday. Not just Largo…
Nevertheless, tomorrow 16-3 Largo will present its Q4 and annual 2021 results. Interesting for us to follow as well, as there might be presented some insights in the (pre War) Vanadium market. Regarding the relatively more extreme price drop for LGO, this could be related to some kind of uncertainty about these results (for instance what was the effect of the floods in Brazil on the V mines and infrastructure).
Guys, If BMN was the only one falling today, then it would be reasonable to think that it could be due to BBN or other Twitter traders. However, it is not just BMN… in my opinion the today SP drop of BMN (and Largo, and other V producers, such as Western Vanadium and Urabium Corp) is probably related to 1) the lockdowns in China and 2) the “positive talks” between Russia and Ukraine). Conclusion: short-sighted reasons to sell. Sanctions will stay & China (and the rest of the world) need Vanadium/steel. Good to get rid of weak hands today. Enjoy your evening.
Short sighted people sell, because they hear on the news about “positive progression” in peace talks between Ukraine and Russia. They will return soon, as they will see sanctions will stay the coming months/years. No stress
“The Kremlin has said it is not planning to institute martial law in Russia as rumours have spread that the government is preparing for a clampdown tied to its invasion of Ukraine.
Thousands of Russians have begun fleeing the country amid unsourced reports that the borders could close as soon as this weekend after an extraordinary session of the Federation Council, Russia’s upper house of parliament, scheduled for Friday”
Sanctions + closed borders = V up. :)