Member Info for HaleSpur

I'm sure you are coming this part Alfa but straight from BMN website regarding Grade. If you compare the two there would have to be some sorcery to ever have a lower production cost than BMN. So I'm keeping it rational for the long term and not chasing any other Vanadium rainbows.
''Large, high-grade opencast deposits, primary resource base of ~550 Mt grading 1.58% – 2.02% V205. Owns 2 of the world’s 4 operating primary vanadium processing facilities with capacity to scale up production significantly, increasing its share of the vanadium market.''

Bassguy I agree on this if BMN was bidding. I hope for our BB's sanity that this is one large project not part of BMN's plans as i assume this 1440MWh tender will be shared amongst many like the RMIPP. I think even BBN has alluded to some of the tender not all.
My inkling is that if Enerox or Invinity are involved on any of the smaller projects, then the inflection will be the same for vertical integration recognition and the SP so not concerned.

Pickler I think because cash was raised but couldn’t pay the £11.5m fully. BMN gave them shares to sell on the open market. I’m sure there was no stipulation for how they wished to sell.

Where is CC when we need his ramping to support the SP? Was enojoying his Goldblend.

Hi SP28, I'm from BMN and wish you guys all the best and have no bad feelings. I have watched BMN at its highs and lows and many on the other BB do not want a tit-for-tat with FAR.
If FAR is successful them BMN will be very successful as there is a great demand for vanadium and that is all that matters.
I believe in karma so good luck.

Maybe Invinity will always go to BMN for Vanadium after they have helped establish them. No formal contracts are needed when you have a connection and a rental product proven.
Maybe BE need the cash for Enerox as they are going to be the main VRFB partner in Africa going forward.
Many unknowns and maybe BMN will inform us why they are selling in their Enerox update.

Wow I'm a broken man after 5km. Good effort and agree stress relief and getting away from this BB is probably the most important factor :)

He's talking as the SA renewable association chairman so has to promote his non-vrfb members. He also has to show he is not biased towards his vested interests. Plus the RMIPP isn't one where VRFB will feature we can safely say.

I think he knows that all forms of storage uptake is beneficial in the long run as it will replace fossil fuels.

Thanks thats the one. Will have to go there again with the toddler when the weather picks up. Nice view for you to run around there and away from the car fumes. I started running 5km again just to keep fit and away from the computer, otherwise this BB will make you insane.
Strong Buy from me anyhow!

Bickerton near Peckforton castle (nearly got married there). I'm sure I went to a popular forest nearby last year, the name passes me by.
Quite a few of us in the Cheshire side on this BB Gambit.

Which area in Cheshire have you been running in Gambit.

I did say the volume is only good for clearing sellers and if and when the 78m placing shares are released we will be closer to placing price than anything higher. MM’s will know this of course so you have be patient at this point.
We might also get a few sellers for a quick 10-20 percent profit on the placing price so expect to stick around this range for a while yet.
I’m waiting for the next few volume increasing RNS’s and maybe the 3rd or 4th one will show a re-rate to fair value.
Deejay agree about not believing anyone in BB’s.
I believe Soup though as he posts factual information unlike me.
Best poster in this group by a mile.

I liked Jay’s positivity and it’s a little slap dash from admin removing him amongst the trolls.
Do you know him personally Jiving?

Its interesting you mention Offshore and Jay12 have disappeared at similar times. Do you think they were paid members as i love a conspiracy?
Surely Jay has a TR1 due after buying 100k every week since I've been invested.

Was waiting to see how the FAR CEO was going to offload those shares.
Still should let them be and let them learn from their own mistakes, rather than poking the fire.

https://www.argusmedia.com/metals-platform/price/assessment/ferro-vanadium-80-v-fob-china-PA00144230000

Even with China slowing down steel production because of the high pollution levels the prices were still above $35 Kg/FeV on Friday.
Argus has had no updates since so the market might be inactive or opaque to make a judgement.
More importantly Europe and USA has been increasing slowly and when the world opens up soon, V prices will continue rising even more quickly.
All the charts show a drop before the steep rise to spike, which could happen easily this year.

Thanks Sloppy, didn't have much hope for BMN in the RMIPP but it sounds to me there is an acknowledgement other storage technologies are being considered for less urgent supply.

''The tender required participating technologies to be proven in use at scale for more than two years and Clean Horizon and Harmattan Renewables believe therefore that each of the winning solar-plus-storage and wind-plus-storage projects will use lithium-ion batteries. Another factor is that the timeline for procurement being so short and linked to the need to procure emergency power supply precludes other — perhaps newer — energy storage technologies from being able to participate in the opportunity, Corentin Baschet said.''

Is it one patent for NFX and one for the other American company.
The last link is French for the first link if you are seeing the same as me.

The funny thing is, if BMN did nothing after 2018 but kept going with Vametco at 3300-4000mtV with loads of cash in the bank (from the spike) for regular dividends and standard maintenance, the SP would be still around 40-50p no doubt. There would be little expectation except to be efficient as possible and with super low production costs as we have seen at times in the $16-$17 area making profits even during the low peaks. Amazing really but there would be no room to grow the SP beyond a certain peak.
FM made the decision to take the short term risk to expand faster by buying Vanchem and take on some debt/dilution for refurbishment. He had the foresight to see VRFB uptake that we are finally seeing now in China and around the world.
It has meant there are fingers in many complicated pies, missed targets and delays but if he is right then the future SP will be multiples of what we have seen.
Think about it the easy dividend route would have been very profitable for the BOD with their numerous shares, but they have bigger fish to fry, even if it does not help us or them in the medium term. I am frustrated like most on here and once we fly I hope we don't look back at these prices.
Have a good night folks and I enjoy all comments from the LTH's negative and positive.

Happy with the 32.5m volume, should clear the traders and sellers faster. Another day like this tomorrow please and a TR1 would be nice.
Noticed this trade on shares magazine site which is hopefully a real buy.
Mar 22, 2021 16:35:38 3.46p 500,000 £17,300.00