Member Info for HaleSpur

I'm sure I posted last week about FM's salary being in the region of $300k with $100k bonuses which is in line with most CEO's.
I think he deserves every penny.

I assume CPI and DT have masked their shares to nominee/trading accounts but probably hold 30 odd million shares still.
Doubt they have sold out yet and would still need to inform the market.

Also with regards to cash burn DG and JH were on £120k and £110k per annum along with a few thousand here and there for the others. When cash was low maybe they deferred their wage until the placing so that could wipe out £200k easily. Still think it is a low cash burn business.

TBH I've become immune to the price fluctuations here, from 19p to 48p to 9p. Not one moment have I thought time to sell up. I have laughed at the big drops but never worried because if the company is making a profit it is going to be bigger and better in time. Dips and down cycles are temporary just like Spikes, so awaiting the middle ground of the new normal.

Hi Sanchez Faramog is also talking to me incase wires are crossed.

Can we just do a placing and give us the spare money in Dividends. Everyones happy and an II on board :)

From the final accounts RNS but I read it differently.

During the course of the year, the Group secured ZAR375 million in debt facilities from Nedbank Limited, comprised of a ZAR125 million in revolving credit facility ("RCF") and a ZAR250 million term loan, through its subsidiary Bushveld Vametco Proprietary Limited. This is testament to the Group's financial strength. The facilities have subsequently been fully drawn down to provide balance sheet flexibility to Vametco and the wider Group. We had a Group unaudited gross cash and cash equivalent position at 31 March 2020 of US$34.4 million, which includes the ZAR375 million in debt facilities.

Prognosticator hopefully the collaboration isn't with NFX otherwise it might go the other way with current sentiment, although it seems rosier.
MTPH looks good at 235% rise, however Im more interested in the 500% synairgen had yesterday :).

Faramog haven't we taken the debt facility to make the $34m cash?

Hasn't Goup's favourite person announced results by end of July on those E-mail responses?

Hi Jog good find in the 2016 document.
I assume BMN are heavily reliant on Eskom BESS/SA policy timings looking at original timeline delay's. Also I suspect Vanchem changed plans and diverted resources away from the electrolyte plant.

SOUTH AFRICAN PRESENCE/EXPERIENCE
All of Bushveld Energy’s full-time and part-time personnel are located in South Africa. Similarly, its group company, Bushveld Minerals, has most of its employees based in South Africa, with large vanadium assets located near Mokopane and Brits. Bushveld expects to start manufacturing vanadium electrolyte as early as Q4 2016 (with 2017 more likely) and VRFBs as early as Q4 2017 (with 2018 more likely), all of which is subject to market growth. The objective is to supply both electrolyte and VRFBs to South Africa and export to the rest of the African continent.

17MW is less than a quarter of their first phase of energy storage before 2022 so plenty more VRFB's on the horizon for them.

The network company has already determined that new wind and solar plants must be equipped with equipment to control their grid output, with a recently completed solar farm in the region among the first in Japan to be combined with large-scale battery storage. Hokkaido Electric Power Network targeted deploying around 600MW of wind farms between 2017 and 2022, to be combined with about 90MW of four hour duration battery storage in the first phase of a push for greater wind capacity and then a second phase of about 400MW of wind power and 60MW of four hour duration battery storage is expected to begin, with timescale and other considerations to be decided on dependent on what the company - and region - learns in the first phase.

Agree with everything Libero.
I still would not blame anybody as there have been many opportunities to have sold for a profit for many.

Bone Thugs 'n' Harmony my preference Goup, have a listen I think you will like it.

Fizzy loves this company as he topped up yesterday and will be positive about it for the rest of his life. Would be strange if he decides to say negative things in the future.

I also think if Kissei have a market cap of $1.1b USD they are not a huge pharma and making a deal worth upto £100m-£150m for instance with £10-£15m upfront is a lot of money for them. It won't be pocket change and they need to analyse this value properly. I have concluded those values as it is surely going to dwarf Ebers which isn't a blockbuster agreement at upto £51m.

I'm no accountant but I assume operating income of $17m is what the important figure is for the last tax year.
https://www.kissei.co.jp/e_contents/relation/financial_summary/

Trolls don't control the SP!

Just watched the interview now and my assessment is very positive. I tried to look for negatives reading the posts yesterday.

It seemed to me he did not divulge about the listings etc because he did not want to give away too much and not because he does not know what the next plan is. Initially he did talk about AIM also being a deterrent to II's getting onboard and later about JSE so dual-listing this looks the obvious plan for II investment. I expect traction in this within 6 months as the last interviews suggested end of the year or 2021 Q1.
Good to hear he does not want to raise money for the sake of just getting II's onboard also and that the expansion will be through cash generation at the plants. I can understand why he cannot say anything about raises with hundred percent certainty as he might want to buy Largo (which he did not deny) or they need so much vanadium that Mokopane needs to be developed immediately ;).

I won't get carried away with the freudian slip regarding Eskom wanting 1400MWh's of VRFB's but it is telling that he said electrolyte plant construction is going ahead as planned. BMN would not be investing in an electrolyte plant if there was no market for VRFB's and wasting cash during times of conservation at the company.

Bassguy I have been invested over 2 years also and like you underwater in my portfolio but with another share also. I am back to work and found it's better for the mind to keep busy and restrict the amount of time on BB's as there is a lot of negativity.
I know the SP isn't going to change significantly today or tomorrow but in weeks, months and maybe a year so I've just accepted there is no point worrying day to day and carry on with what's important in life. I'm very positive for the future but shame my wife isn't happy there isn't as much investment in the house.

Money maker I think you will find Fortune got both processing plants when Vanadium price wasn't spiking hence the good deals.
Otherwise fair play with EUA, especially you Carpfisher with that profit! Ferrari time yet?

Fleur said she is taken and not bringing anything to you. Plenty more fish in the sea etc etc.....

Hi Prophet can I invest in one of your companies please? Just need information on deals and IP.

Prophet in your first post you make out you have pharmaceutical experience and you are a big boy who knows his stuff in the last post.
So why don't you have a read through the RNS's and see what deals and patents they have.