Member Info for HaleSpur

Hi DBB I would br grateful if you show some of the relevant holdings if you can, thanks.
It's nice to know if somebody is selling and when this will end, as there are plenty of buyers but not enough to compete with II's.

To achieve £1.50 to£ £2 you will have to go through the hurricane of large share price jumps and dips for a couple of years. It is Dan who suggested a couple of Pharma's that sold at £1 billion is his aim, hence the £2 share price people mention.

Taffy will come along at 50p that he has his bobblehat on for the £1 party but then say you should have top sliced when it dips back at 25p.
Then Brooko will say he still has 3.5% of his holding and he's not confident and Dan can deliver so will sell at 50p as £1 is a pipe dream when it drops from 75p.
It will be one long psychological game if you have the conviction to hold.

Raz we just need VRFB to be 5% of the storage market and BMN will be a major contributor if this is the case with its VIP model.
This would also take a lot of the Vanadium out of the market.

Yep Diatom trawled through the website looking for it.

Nice to see it in writing that Orange Trust own Yellow Dragon so are a single entity when share ownership of BMN is discussed.
I know the BB did allude to this fact.

Thing is Compass if it goes lower then I will be topping up and so will all the trolls as even they know it is seriously undervalued. Even on the low end calculations of 15p value, if it drops to 10p then you can expect a 50% gain very quickly.
The problem at the moment is many people are on reduced wages and spare cash for some investors is going on Pharma's.
Stay patient as I mentioned this may not be the last we hear from FM after radio silence for a long time.
Suspect Enerox will be close.

I've added in the lows, as for me Risk vs Reward is a game I'd like to play. There maybe no news in this shortened bank holiday week but I think after waiting this long you become immune to frustration.
I'd just be happy if the CEO delivers no matter how long it takes.

Good post Faramog.

I like your frequent Bolly-swigging analogies, as these are the people who cause short term damage to many investors/companies but in the long term the cream always rises to the top.
There is a reason why Warren Buffett is successful, is because he has done most of his investing without the internet in his office and being based far away from Wall street influence as possible.
Imagine having all these Bolly-swiggers in your ear all the time doubting your investment or telling you its time to sell for a 50% profit etc as they only see the short term picture. He has had the patience to let the growth companies achieve their business plan and ignored BB's, daily share price fluctuations and internet news.

Good luck holders!

Some shares in history don't do anything for years then multiply ten times very quickly. This is a growth company at the start of introducing a game changing energy storage application to the mainstream.
I posted a video yesterday on 100 baggers yesterday and i'll post it again. Most didn't just happen over-night and many like Amazon, Apple Netflix had prolonged 40% drops etc which caused people to sell. Once the disruptive tech was accepted, the exponential growth followed but over many many years etc and not in months.
A couple of the visitors on here would have sold Amazon very early as you need conviction and belief in the research/leadership, and not blame BB's for their choices.
https://www.youtube.com/watch?v=KoOEE8GI-Ko

This company has the disruptive technology to change the world of energy storage. I'm happy to risk a large chunk of my money to wait it out because the leadership of FM and MN.

Munch, Only the remaining $6.5m was drawn down recently for Vanchem expansion, Electrolyte plant building, Enerox purchase, so it can continue without any delay. The rest of the loan would have been drawn down in 2019 for the Vanchem purchase which was an impressive purchase in mainly cash from profits. At current V prices no cash will be needed to be raised as the growth plans at Mokopane and Vametco can be delayed with Vanchem a priority.

The consortium still owns 24.9% of Enerox even though the deal is not complete.

CD You only came to belittle others investments and I have no time or desire unlike you to research other peoples investments to look for negatives.
Was a legitimate question so good news no debt and good luck with SolGold hopefully you can provide something useful elsewhere instead of trolling BMN.

To be honest AM, FM notes that part of the area was not even mentioned in previous updates and hopefully the other 2 areas can get a licence one day. Plus we do not need Brits at the moment.
Mokopane licence has mitigated any shortage of off-take for the businesses for many years and as he has mentioned Mokopane work isn't even a priority either as Vametco can provide ore to Vanchem.
This time last year we didn't have Vanchem and the extra revenue there is a bonus the market and investors just do not see.
Vametco will be producing more than ever this year too after upgrades and recent maintenance.

CD they were operating at 50% from April 16th and now going to full production as advised by the Goverment.
Also completed 10 day maintenance program which was due in May that they would have had to shut down production for.
How much is SolG producing now? How much debt do they have?

https://www.youtube.com/watch?v=KoOEE8GI-Ko&feature=emb_logo
Useful video on 100-baggers.
The Key is hold for a very long time and BMN is only half way through the expansion plans and story so far.

Hi MEM I am also many thousands down too but a bit more positive about VRFB uptake as renewables are the future with oil tanking and a lot of funds/investors looking for alternative investment strategies. RE will be the way forward and I believe big oilers will be looking at energy storage themselves to diversify.
I still have a feeling FM had plans to release news earlier but there are maybe delays especially Eskom not giving us BESS news in Q1 as planned.
I suspect we will get some news tomorrow and usually FM likes announcing news like buses in three's.

don't forget the hashtag, should be a few once you scroll down.

You just search #bmn on in the search bar and you will see any conversation regarding BMN incase you weren't aware of this bit.

There has been a delay obviously, from the 1st quarter, so news has to come in one form or another in the next month or two, whether good or bad regarding Eskom.
FM has mitigated the risk's of Eskom by having VIP partnerships, but I don't think the IDC would have gotten this far into funding the electrolyte plant without the benefit of the country.
Maybe FM's positive confident email response to YTSS was because he knows something is afoot behind the scenes. Like us he knows nothing will shift the SP unless it is energy storage related at low V prices.

If one state, utility or large company took out a contract on mass VRFB that will be a game changer. Those who have had deep pockets will be rewarded.
For us any news by Eskom and the world bank would accelerate everything from the SP to the expansion plans.
I am sure the screw is turning hence the radio silence from FM. surely it can't be long now as Phase 1 needs to be completed June 2021.)

http://documents.worldbank.org/curated/en/945661577445675366/pdf/Disclosable-Restructuring-Paper-Eskom-Investment-Support-Project-P116410.pdf
B.2 Battery Storage Program (BSP) (US$245 million): since the BSP replaced the Kiwano CSP plant in December 2018, technical, social and environmental assessments for selected battery sites have been conducted. Eskom substantially advanced the pre-engagement to market, including the realization of a webinar in September 2019 to ensure that prospects interested in Eskom BSP fully understand the project and provide guidance on market response, implementation, operation and maintenance feasibility. However, program implementation and tendering has been delayed due to delay in Government approvals needed to satisfy the PFMA requirements. The request for PFMA approval was submitted by Eskom to the government in April 2019 and was approved by Minister of Finance on August 7, 2019, and on November 21, 2019 by the DPE (Eskom’s line ministry) for Phase I of the program which amounts to R7.2 billion (˜ US$485 million).6 Phase I will be financed with the IBRD loan (US$245 million) and Eskom is considering financing the remaining works of this phase with the CTF loan (ERSP P122329). This delay has pushed the program’s implementation timeline beyond the current project’s closing date of December 31, 2020. The tender is now planned to be launched in first quarter 2020 and the Phase I to be completed by June 2021.