Member Info for Lamps56

Post at 0636 reported as ****** and defamatory. Please don’t let this board stoop to that level

LT - agree that the market reaction was sensible and we are in a holding pattern until the contracts are finalized. GLA.

Agree that there is nothing to be concerned about. The contractual haggle goes on but the end is in sight. From a longer term investment perspective, nothing much has changed. From a short term perspective, those who were trying to turn a quick buck on breaking news will be disappointed and may sell out. No biggie but might drop the SP a couple of points. When the deal is announced it will be a struggle to buy back in.

Re my last, see wacker’s post from Saturday:

https://www.miningreview.com/speciality-minerals/republic-of-congo-minister-of-mines-lauds-kore-potash-progress/

Do try and keep up.

Is that a copy/paste from an old post ALB?
- SP has held at this level for some time.
- Your personal investment strategy cuts no ice
- Minister’s comment etc is old news, not recent. He has recently expressed his satisfaction at the company’s response to his letter.

2 Corinthians 11:19 (KJV)

Today, in response to a post by ALB1 on the KP2 chat room, the CEO Brad Simpson categorically denied that he was the secret love child of Nelson Mandela and Cher.

Like so many aspects of our 21st century life this chat room has become increasingly polarized. Pdub makes a good point on 09:34 in that a contrary view is important for the balance of argument, as long as it is backed up by logic/numbers/facts, thereby setting the conditions for an informed debate. The debate is played out on the court. But the repetitive diatribe on SP performance, CEO’s salary and competence, retrospective ‘coulda shoulda woulda’ stuff, well that just is just chanting from the stands.

On these chat rooms nobody has to state their credentials. And let’s be frank, the ‘opinion’ option on lse.co.uk is passe. So it comes back to a fundamental point: if you (and you know who you are) are continually attacking the CEO and the board, and thereby discouraging casual visitors, what is your agenda? If you are an investor it seems nonsensical to undermine your own investment. If you have sold out in outraged disgust, go away and don’t waste your time and energy. In short, what are you trying to do here? Let off steam, win an argument, or start a revolution?

My credentials: invested substantially over three years (probably more than is financially prudent); significantly underwater despite averaging down over the past year; still have faith in the board and company strategy; still have conviction that vanadium is essential to the future of our civilisation; and, finally, still have conviction that this company is going places. Maybe not next week, but have patience.

Good find and post wacker. What do you reckon ALB?

Cinders: ‘battered reputation’? Battered by …… you and a few others on this chat room? Who else is battering it? Any references in reputable media welcomed.

HarChris, yes, I think you are right, but a lot of the discontent is generated by the languishing SP and (tedious trolling notwithstanding) you can see day by day that the small investments are being cashed in. Whilst not that significant in the big investment picture, those relatively small amounts seem to chip away at the SP because of the low volumes, and the cycle continues. So I guess I am simply saying that the smaller scale investors should be encouraged by some upbeat news every now and then.

Oh, I get it now.

Funny censorship there on the word sp**** meaning scanty.

Yes jimbo, there is the comp. intelligence factor. I’m just thinking that because BMN are sp**** on the news feeds which are oxygen to AIM, they need a route out of this boom and bust cycle with the SP.

Thanks pdub. I wonder whether it would be unusual to post production figures on, say, a monthly basis in order to manage expectation. That may slightly mitigate the impact on investors of a quarterly update affected by outages caused by load shedding. Sales are a bit easier to monitor, although retrospectively, from deliveries to port.

Sorry to butt in on your bromance pdub, but what is your expectation on the next bit of news from BMN? We could do with a bit of a lift at the moment.

Well we all have strategies, but the way I look it it, if an RNS with EPC news hits tomorrow morning - quite possible - it is probably too late to get in ahead of all the Day Traders and a struggle to buy in under 1.0. So best forgo the quick win and stick with the hand you've got.

That's a fairly hefty spread today so not much incentive to trade. Wonder why?

But seriously, it's sad to see that folks have set their sell price at 0.3p. What a difference a year makes.

LOL - half the fun on this forum is deciphering steven's posts. Keeps your brain active.