RE: BMN RNS - Post of circular and notice of general meeting13 May 2024 18:56
@pb940.
Accept it, or else.
With SPR, Acacia, Orion and the directors holdings, that equates to over 630 million votes. Over 25%,
Kamran Sattars 75 million holding, and questions, will be insignificant. Although i do agree with his stance.
Unfortunately Vanchem has to go, to keep the lights on. It is spelt out on more than one occasion in the RNS.
How odd that Orion have agreed to restructure their loan, as part of the Vanchem disposal. And, if i've read this correctly, provide a further $10 million. I stand to be corrected on this.
On V prices. We are getting close to the 360 day 0%, which is where we want to be. When, if, this turns green, hopefully within the next couple of months, Vametco can start making us money again.
Fingers crossed. But if SPR, Orion and Acacia see a future profit for vanadium, through Vanchem, then i will have to take some sort of positive from that.