RE: 3rd of August5 Aug 2019 20:45
What I tell myself is that even if the share price stays this low for another year, the profits will always continue at this V price.
If the company did nothing else except expand Vametco, they will have to pay dividends next year based on free cash flow and this will only increase no doubt. This is based on the worst case scenario that Vanchem did not get approved and we were not expanding the business this year besides improvements.
Paludina has shown what massive shipments we are supplying to the USA and how much money we are taking in even with only half of what is possible as a miner only.
Win-Win is my simplistic opinion and why I don't mind the share price staying the same for a couple of months to top up while V prices are rising. IMO Vanchem will go through but worst case scenario would still not be a disaster as long as phase 3 at Vametco occurs.
For a balanced view if the V price was dropping I would be a bit worried and unlikely to offer the same positivity.
BE will hopefully announce something regarding battery contracts and this becomes risk-free to V price volatility.