Member Info for JMC69

Thanks Kev - I did ask so hope no one minds.

Ken, it sounds like today has been a heck of a good day to say the least - congratulations and very best wishes to you both.

Ophidian, I don't have the Dropbox address - would you be able to share again please? Superb production estimate by the way - impressively close.

For anyone who's been here long enough to remember the Vametco acquisition, if I remember correctly, that completed on the long stop date (end of March 17). Vanchem could of course conceivably complete at the early end of the projected time scale (tomorrow?) which would be a huge plus but I'd be surprised if the market expected it to happen ahem...imminently and viewed anything otherwise as a negative. However, just like Vametco, when it does complete I'm damn sure the market will like it a lot. I know I will.

If we're going all New Order, personally I have True Faith in my investment

https://youtu.be/mfI1S0PKJR8

If nothing else, it's still a cracking track and 80s music video.

And based on that, instead of persecuting those on this board who've consistently contributed the most over the six years that I've been invested here I'm going to attempt to suggest Vametco production figures for April of c293mtv and May of c244mtv which would suggest a strong increase in monthly production. Another shipment for June seems possible (bearing in mind the planned June/July maintenance shutdown) which would further cement that.

I'd say if BE's recent Vanitec presentation is anything to go by: 'Open-mindedly discussing potentially new supply agreement options with all potential VRFB OEM customers' there's no doubting that new BE contracts will unquestionably follow soon.

As for the perfect hedge, that almost doesn't do it justice: high v prices = great for selling to the steel industry, low v prices = great for leasing for VRFBs (yet still also highly profitable for the aforementioned), however choose the latter and you still get to sell again at the end of the leasing period - win/win...and then win again. Sheer brilliance.

...though having said that, I have to pay Redbridge £100 a year for a parking permit just to park outside my own house and haven't seen a traffic warden in months.

I think I naively misunderstood how these might work but don't see the problem in designated car club spaces where people generally don't dare to park for fear of a parking ticket. Residential charging simply couldn't work on our street of terraced houses unless designated charging bays were marked out and then enforced. Maybe that's their solution?

Well that's rather exciting, to me anyway, not only as a barometer of the changes happening with renewable energy and greener transport but because I live in Redbridge. I hadn't heard about it. I dare say it'll be a very limited number of roads for the trial but I'll keep an eye out. It's also rather thoughtful of my local borough to plan ahead for when I eventually sell my shares in a few years and can now potentially trade up my cronky old Citroen to a Tesla!

On a separate note, a belated congratulations to you Pdub - I'm delighted for your news. The number of recommends your original post yesterday received speaks volumes about the kind of board we have here and your contribution to it.

Thanks for sharing Alfa.
It's late, I'm tired and it's taken a while to get to P143 talking about BE's 'STRATEGY TO SUPPORT THE VANADIUM-BASED ENERGY STORAGE INDUSTRY IS TO ENABLE THE SUCCESS OF THE SECTOR AS A WHOLE' but the following points in particular grabbed my attention:

'Announced production expansion by group to 10,000 tons of vanadium units in the short to medium term'. I wonder what timescale short term means?

'Open-mindedly discussing potentially new supply agreement options with all potential VRFB OEM customers'

'Bushveld is open to collaborating with anyone in
the sector (as long as it is legal);
BE’s vision for the sector is not to see any
specific one battery company succeed'

'Enable interaction among VRFB OEMs on shared objectives (e.g. overcoming greater awareness for lithium ion)'

In other words, they recognise there's still far greater awareness of lithium ion (as the social media stats on the earlier slides demonstrated) and BE intend to help redress the balance by being advocates of the VRFB industry as a whole and assisting with widespread adoption.

Completely irrelevant now I appreciate as no-one dealt but I feel the need to clarify so that no-one thinks I'm the guy in a plane in the Twilight Zone who swears there's a man ripping up the wing and everyone thinks he's seeing things.

A few buys came in either side of 1pm with one at 24.9 (which now appears to have possibly been reversed) so I did a dummy trade and was quoted 24.35-25. However there was a very narrow window between around 27000 and 35000 shares where the ask being quoted was actually 26.9. Above that mark the price fell to 25.4 ask.

I'm assuming it was a game of 'who can we mug today' or more likely 'let's eff around with the share price yet again'. Let's be honest, it's a game we're all used to.

Nope.

Absolutely. To buy. Bid remained the same 24.35. Oddly only for amounts between around 26000-35000 then above that, 25.4. Once I posted, guess what happened....gone.

Curious how not long ago, for 30000 shares I was being quoted.....wait for it......don't want it to be live.....26.9. Not a typo.

It's been suggested that there might be a 48hr reporting delay to the REMX holding being updated so perhaps these trades in close succession from Wednesday might fit the bill to support that theory and to account for the 350k.
At the time looked like they could've been shorts - in that case maybe they weren't?

03-Jul-19 13:42:16 25.00 100,000 Sell*
03-Jul-19 13:40:13 25.00 100,000 Sell*
03-Jul-19 13:28:24 25.30 50,000 Sell*
03-Jul-19 13:26:31 25.28 10,000 Sell*
03-Jul-19 13:21:25 25.343 100,000 Sell*

He certainly is isn't he. If I may, from 36:50:

https://audioboom.com/posts/7307687-shield-therapeutics-plus-chris-bailey-on-3-large-caps-and-john-meyer-on-3-small-resource-stocks

Talking about BE "we think there's going to be an awful lot of value to come out of this business going forward".

Based on the shipping data didn't we estimate that April could be somewhere in the region of 293mtv?

I notice that Compass' thread seems to have vanished. Compass, I'm so sorry to hear your news.

My only experience of this was as a SOLG holder a couple of years ago when they dual listed on AIM and the TSX. They notified approval of dual listing by RNS three weeks beforehand followed by another RNS the day before the event saying "it's tomorrow". I'd assume similar for JSE but wouldn't know for certain.

Earlier on today I bought a few thousand more shares and paid 25.99 for them, kicking myself that I could've accepted 25.3 earlier. This has a feeling of me not minding one bit next week.

Thanks for the article bespooked - sorry, hope you didn't mind me posting the link.