PYX Resources: Achieving volume and diversification milestones. Watch the video here.
CENTAMIN
TIger posed this question recently.
For me what should come next - apart from the obvious one to improve production - is for the BoD and new CEO to get this sleeping giant switched on to use renewables to massively reduce its overall long term production costs and also to move the company away from being a one mine entity.
Like many shareholders I have significantly down-sized in CEY as the reward to risk ratio has not been attractive in the context of Egypt's still unstable position and Sisi's failure to resolve our contractual situation.
Add to that CEY management ineptitude and ability to set and meet targets, including any significant progress in its non-Egyptian holdings, and I'm not encouraged to resume my previous levels of support for this company, despite higher gold prices!
Unwarranted drop considering relative size of new issue? . . . or is the drop due to fears that this issue is the first of many?
Ooops sorry - of course it's 10 million pounds they want - no chance then!
10 million at sub 1p = £100,000: absolute peanuts compared to what the directors and esp our misguided former CEO has had out of shareholders!
Well M700 Schroeders are in best position to insist on a significant directors take up of shares, so if the directors don't buy in then who will?
Certainly any director buy out after a fund raise should be illegal and prosecutions should follow.
Down on this news perhaps about Toyota hydrogen fuel station explosion?
Maybe a typical market reaction but I'd thought AFC's ammonia to hydrogen capability would be a massive plus factor in view of this news.
Apollos if this topic already posted and covered!
https://electrek.co/2019/06/11/hydrogen-station-explodes-toyota-halts-sales-fuel-cell-cars/
Alfa
I seldom post on LSE but occasionally I have on this BMN thread mainly just to record, like others, my appreciation of your great work in developing the amazing Bushfeld Perspective.
Please keep up the good work along with the other stalwarts!
Your work on trading analysis is especially interesting even though I don't always follow the logic of your conclusions, due entirely I must add, to my ignorance of the full significance of certain trading manoevers e.g. pairs, rollovers, trade reversals.
Concerning the story so far with BMN my question to you is simply whether there is maybe a scenario in play where it is in the company's interest at this point in time - prior to the JSX launch - for the share price to be kept within a limited trading range.
I have had some insight, via a broker acquaintance, of how such matters can be managed - for instance to facilitate a reverse takeover.
So, although the BMN's story in no way corresponds to a takeover situation, there are obvious reasons why Fortune would want a smooth launch on the JSX that would be helped by an initial modestly priced BMN share price.
Getting to the main point of this post, do you think that some aspects of your trading analysis can therefore be justified or explained by this scenario? I'm sure a few people e.g. Brasi think there may be a link.
Any thoughts from you (or other sensible posters) would be most welcome.
Has anyone posted the scoping report recently produced advocating a micro grid project for Sark?
If I recall RedT were featured in this.
I found it a couple of month or so ago during my research but it was already several months past publication and I'd assumed it would already have been posted here.
If the answer is negative I'll try to find it and post it here.
Cheers and good luck - we might need it the way things are stagnating!
Rodney,
The Guardian article is not good news forRedT a it seems to focus almost entirely on the lithium - ion type of battery.
This is a very different technology to Red's vanadium flow battery or machine, as our CEO prefers to call it!
so no - something else must be going on unless it is just MM games.
My guess is 18.82p - hopefully more realistic than my last prediction of 38.2.
Happy to be proved wrong though, as long as it's an under-estimate!
GLA
Nice feature on Orkney and its surplus wind power.
Scottish Assembly comes over very well in promoting reverse electrolysis and hydrogen as stored power source foe fuel cells!
Feels like the message is finally getting through,
Worth seeing - about five minutes from end of the programme if you ca see it on catch-up!
I think for what its worth that if RED wants to make it into the 'producing at scale' league they will need a link-up with an outfit like BMN, with increasing global pulling power and its dedicated and highly ambitious downstream strategy.
RED's Gen 3 hybrid proto-type could also benefit BMN.
I'm not saying RED is dependent on BMN but its prospects to me look so much stronger with a link up with BMN and the longer we need to wait for a ground-breaking deal the more chance there is we are taken over!
PS I think I've heard somewhere that Jabil are lined up for BMN's mass produced Flow Batteries - another interesting co-incidence.
Fortune: "We are now seeing interest from II's."
This just shows what an amazing tribute to private investors the Bushfeld story is!!
Well done to the leading lights on this BB - you know who you are! You are making history.
Congrats from a relatively short-term holder of only 3 months who is still more than happy with his returns.
Fortune
: We are now seeing interest from II's.
This just shows what an amazing tribute to private investors the Bushfeld story is!!
Well done to the leading lights on this BB - you know who you are! You are making history.
Congrats form a relatively short-term holder of only 3 months who is still more than happy with his returns.
Listening to to Mikhail Nikomarov who heads up Bushfeld Energy on their Brr live webcast - it's a bit like listening to Scott giving the basics between Flow and Short duration batteries.
Mikhail is now covering the lifetime / levelised costs and how leasing of Vanadium reduces upfront costs
Mikhail and Scott would make a great team - I just hope the chemistry works between them!
A deal between RED and BMN would be just the breakthrough that would allow us to get the traction we need from such a massive Vanadium producer.
I've been and still am a long-term holder of RED but have shifted most of my funds to BMN as its been clear for several months now that RED's take-off is so so dependent on striking a deal to acquire the Vanadium electrolyte at a cost that appeals to prospective customers.
Come on RED and BMN get some sort of relationship moving!!