The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
§ 12M 2022: London Metal Bulletin ("LMB") ferrovanadium price of US$39.2/kgV (12M 2021: US$38.2/kgV); CRU Ryan's Note of US$52.7/kgV (12M 2021: US$37.7/kgV); and Asian Metals of US$34.3/kgV (12M 2021: US$36.5/kgV).
Let us hope 90% of V went to USA and 10% Europe and then it would have been quite a profitable year. Obviously won't be that mix but the more to US at those prices and things would look rosy. I doubt this if it hasn't been mentioned in the report.
https://twitter.com/bpoppenheimer/status/1616911135784976384?s=46&t=UUgTAnsMrxGql2HQ411iog
I’m thinking VRFB’s are taking off like many things in technology now. Many of us have been here 5-10 years but it can still take longer just as other household things we take for granted.
Any chance Fortune could get Cellcube to lend him some VRFB’s at Vanchem. High production costs with diesel generators is not helping profits.
In hindsight we would be more like SLP if we concentrated on just upgrading Vametco and probably dividends.
FM has a difficult task making the company profitable unless we get another mini spike in V price. There is always hope though after a few years of being in the doldrums.
Needs to announce -
1. BE carve out
2. Mini-grid operational
3. electrolyte plant operational
4. guidance hit
All these hitting this quarter will see us get back to 10p at least.
Then its about V price and contracts with the electrolyte plant/Cellcube/IES
Larry is still down from the heady days of £2 plus similar to BMN from the 20p’s when I started my investments here.
The main thing that grinds my gears is that BMN are very slow with getting things done, which Larry and other CEO’s seem faster at.
Look at this BE carve out for instance, which will go right to the wire of the last trading days of the year if not overshoot. I’d just love to see FM deliver things early or way above expectations once in a while and believe me I don’t ask a lot having waited more than 4 years for some return.