Member Info for Hazbeen

LL
Exactly . Anyway I am glad this RNS came out but did not expect it so soon .
May be it may exonerate me a little .:-)

Being cynical again ... so Twitter went ballistic and the Co talked up revenues etc .
To let the seller out . Now it is back to business as usual (BAU)
It is so transparent .

LL
I cannot believe what so am reading :-) you will see done of things I said are already coming true . I see through this CEO now .
It has very clear to me since the text is written together as a whole statement if you like .
I knew this was coming but I was expect related to bad weather and I did say it will be used as an excuse .
This new by product is actually a by product of vanadium production which is now just been told going to decline having told to only recently it was increasing in % terms.
So until production achieves 1500t/year this by product will bring no significant revenues .
So what does this mean to cash ?... not good is it
Off take ..hmmm.. I really do not buy into that .. until BFS has been completed ..

.... Some interruptions to production in the next few months are expected due to on-going Covid-19 restrictions and until the new connection to the adjacent high-voltage power line is made, expected in Spring of 2021, which is expected to significantly reduce down-time caused by power outages and instability. Nevertheless, the impact on revenues and earnings will be significant in the context of the current processing operation.

So what does this

Interesting add on . Nit sure the what it brings to revenues and profits though especially over next 12 months
I think Co is trying soften the blow with the increased shutdown that will impact revenues significantly
I was right about that as well ... off takers is still tomorrow but let’s see if CEO can surprise
Still not a time to add for me

Mr S
You make valid points

LL
I keep coming back, as like a good discussion. Only you and Mr S have anything interesting to say.
With regards to vandium price. The Co had made it clear the $7.5 is what they project the long term valuations on.
Obviously for Stainless Steel market the higher the price, the better. However anything above $10 makes VRFB expensive and costly.
So initially the CEO said in Crux interview that stainless was their primary market and VRFB was not really on the radar for its vanadium.

LL,
To your second post. I respect what you say there ..all very fair...all good on my side..no hard feelings at all.
A good discussion and debate is always good to clear the air.
GL

LL.
Thanks, but nothing I do not already know. Let agree to disagree .
Lets give it 6 months, i hopefully will be happily surprised with progress. I think it is fair I should wait having waited 12 months already. But read the threads between March and June here.
You are right though I had higher expectations , and my frustrations do get the better of me
Good luck with this

Oh the only positive thing come out from the Twitter scenario is that it has given the Co some well needed public exposure
and brought the attention to potential investors(or traders). I call them the herd btw
GLA

Mr S
Read the chats on the A D V F N website for Hambledon Mining..that is what I have been doing to read shareholders views
on the how the Co progressed overtime and also what was said about the BoDs
I am researching all news r...it could positive or negative.
I certainly not gonna share all my efforts anymore because unless the information is positive or ramptastic no-one is interested to hear contrarian views .
I have my concerns but will keep them to myself from now on. But you can bet I will be back if any of them prove to me right and if they are wrong then i will also put my hands up and say so.
Remember these are just my perceptions and views and I cannot influence the share price as I am just single number.
I am not important here.
It is the Twitter brigade who you should be worried about as it is clear they recently had a big affect on volume here with their repeatedly exaggerations and 171p targets, which has helped clear the big seller.
GLA

LL,

Let me know if you get a reply from the Co, I will be impressed if you do.

i can tell you that..go to Filters tab..and enter my alias.
I have filtered a few already :-)

LL,
1) Is there a need for anymore cash needed before March 2021? or even at all until BALA financing?
2) When will the pilot plant be expected to production ready to to produce 1500t/year
3) when is the BFS due for completion for phase I

If you cannot answer these basic questions that the Co should be telling us, why are you invested?

edit
"My questions that need answering are ,

1) Is there a need for anymore cash needed before March 2021? or even at all until BALA financing?
2) When will the pilot plant be production ready to to produce 1500t/year
3) when is the BFS due for completion for phase I

Someone can find that for me, it will be really appreciated and allay my concerns

"My first questions that need answering are when will the pilot plant be production ready to to produce 1500t/year and then find out when the BFS for phase I is due"

Someone can find that for me, it will be really appreciated and allay my concerns

TRA1,
i think I will stay invested(small) here a bit longer.
I do not want to miss your two lines of valuable contributions upto now.
You keep dreaming of 171p

hello LL,

"You might be Mr. Bridgen divorced wife for what I know..lol" - LOL ok that made me chuckle

I do not take any offence here unless I am abused directly. Disagreeing is all part of the discussion.
With regards thrusting or mistrusting is my perception of the CEO..ie trust in his ability to deliver and meet timescales .
I have not been impressed with the way the financing has been dealt with upto now. I am sure cash was already tight months before Covid. If you read this chat from March to June 2020, you will read a small group of us discussed these issues at the time.
Also rightly or wrongly I have been influenced by comments made about him whilst his time at HMB. Poor communications on progress , no timescales, , share dilutions, share price erosion is what I have already last week. But could just be disgruntled shareholders who may have lost money I assume. So i need to be careful what I believe too. My fear it is repeated here too. Delays or missed timelines eats into cash and erodes shareholder value. Delivery of huge projects requires the top Management. You find many projects do not reach fruition to anything close initial expectations .
My first questions that need answering are when will the pilot plant be production ready to to produce 1500t/year and then find out when the BFS for phase I is due. ( i think many here did not know that phase 2 will require a further study)
BALA is not even in my thinking yet. It is a huge undertaking. If I start dreaming of that , I may be disappointed. Small steps

Morning Mr S

I do not think it discredits me. It just means I have a different opinion or view. We are allowed to have contrarian views.
I guess it just comes to how you discuss them. I will try not be so negative in the future but I must be allowed to be honest.
I am also researching more again having stopped looking after Covid put a spanner the world.
Hambledon Mining has changed names twice since NB stepped down...so just left reading historical info if one can find it.

LL,
Great analysis and work there. Thanks for spending the time on this.
I am at work today but will try to answer some of your questions this weekend.
You are right Hambledom mining did reach production, but at what expense. The devil is in the detail, and I be honest, I did not know about the CEO's position there until recently. So I have been reading up on that too. From my initial readings, it does not read well. But I do not want to dwell on this as it has a negative view on my investment here.
If I have little faith in the CEO, I am now asking myself whether I need to re-think if I want to remain invested here or wait 6 months.

Eyeguy
I have already replied to you below :-)

MR SpaceT,

Regarding production suffering from power outages . funny you mention that . I have been reading through the RNS’, and I realised there are risks of increased power outages the coming months because of the potential bad winter weather . I say potential as this is unpredictable .
What has surprised is that nothing was mentioned about this in any of the operational updates in early 2020 when these problems were encountered in Q4 of 2019.
I then annoyingly found a couple of small lines in the June Results !
In the fourth quarter of 2019 we experienced significant outages of power due to heavy winter conditions affecting the existing line which resulted in high costs for back-up power generation and reduced production.
Frankly the new power line cannot come quick enough .