Member Info for JP8891

Come on LawrenceH, whilst I admire your positivity. Bonxie numbers are realistic for the electrolyte part. There will be the install and non electrolyte part of the system that will cost.

But 32 million x 3USD a litre is still - 96 Million USD!!! - Fairly sure every investor in here would be more than happy with that.

Where are you sourcing this info?

For those with serious long term investments in mining companies and bmn this is a must watch.

The below comment was based on a 17 Rand to the USD.

Add more on for anything above!!!!!

That should be an extra 10 Million added to the bottom line.

If we hit 60 USD KG = an EXTRA 34 Million USD (2.83 Million a month)
If we hit 80 USD KG = an EXTRA 68 Million USD. (5.67 Million a month)
If we hit 100 USD KG = an EXTRA 102 Million USD. (8.5 Million a month)

My guess is that the longer we sustain higher prices and production guidance remains unchanged. We should see a steady SP rise in the the Q1 update.

It goes without saying the longer we see this, coupled with lots of deliveries in to the USA - 76 Tons of Nitro so far this month. It bodes very well for debt talks.

The minister will focus full time on the work of the Eskom board and management on ending load-shedding and ensuring the energy plan is implemented without delay.”

Very positive. Should mean more money and resources thrown at the situation. Or less money going out the back door as the AG will oversee spending!!

I think present is hopefully the key word. I cannot see us not trading with China with such a disparity. I appreciate their is a duty, but my guess is that is now outweighed with such a price cap.

I have just added at 5.07.

Sell is 4.95.

"target to an ultimate c.8,000t pa – an initiative it will only sanction once near-term targets are achieved and funding
secured – would widen margins further, and by our estimates could see consolidated EBITDA
grow towards US$100m pa"

Above is based on a $40KG price - Imagine a $100KG spike/price.

The market punishes uncertainty always has always will.

I think the idea we could place above current price is very optimistic.

I don't think we will go bust, but its not far fetched. Vanadium price drops (Not what I am expecting), we have low cash.. whats the next move?.

It doesn't help that ARC valuation has assumed a placing and dilution to 2 billion shares!!

Because the market believe we are either about to do a massive placing / go bust!!

The board is full of posters who are for / against the above.

I am trusting Fortune to see us good.

Out of interest CC what has changed your mind on BMN from the low penny days to now.

We are now de-risked in terms of owning the 2 plants - and there is nothing to say vanadium won't spike causing another block buster share price hike?.

HMHG - Do you not think the price here reflects the ('I have seen how this ends before').

I think the point you miss, is that there are others that see the same things you do and choose to interpret them differently - which there is nothing wrong with.

Medical opinions can be black and white from one medic to the next. The difference here is people are pushing the opinion that suits there bank and position (Which is generally far more murkier than a medical opinion!)

I think your view is what is priced in to the valuation.

Would I publish the cash position whilst negotiating funding details possibly not. (Though I appreciate anybody in the discussions will know the cash position).

I cannot see how we are not cash generative at current vanadium prices. Our AISC cost is lower than the current market rate for V - we also don't exactly know what we are for receiving for Nitrovan and our premium products.

on the message in the tweeted sound bite, that the electrolyte and grid will be coming online in a couple of months!?

Reading adfvn (which has a cesspit bmn board) user Alfacomp is claiming to have sold? Anyone on telegram that can shed light?

There is now way timeline of news is not strategically timed for financing issues in mining companies.
Even though I believe Fortune is straight as a die. It is just part of running a company that requires, going to capital markets.

I would say Fortune is preparing to try to get the SP up to 17p+ in time for next year.

Best way to do this, is allow SP to be in the doldrums now, then build up positive new flow.

He also no control over V price, so whilst critical to any plan it serves little purpose to pontificate over.

What he has an element of control over is, the completition and release of notifiable news.

SP always drift once all the good news it out and there is no DIVI to support the market cap.

What could the new pipeline look like.

Belco finished H1
Belco offtakes H1
BE carve out
positive Q4 - looking likely - load sheding dependant
positive Q1 / Q2
Mini grid live
Positive production rates - I don't believe the market thinks we can get to 5000T a year.

I think you have to substantiate your comment. Unless of course you are short as your comment is utter drivel.

Currently valued at half NAV. Strong position in the market. The Argos move genius... gives a real competitive edge on the traditional big 4, especially where they offer in store conessions for the Argos store. They have a specific large mass market clientel who go there because there offering is slightly different.

rig in a field on twitter....

Imagine a picture of 2 drill rigs in a field!