Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
From RNS.
"The vanadium price is based on the FeV mid average price for the period, published by LMB for sales to Europe, CRU Ryan's Note ("CRU RN") for sales to the United States and Asian Metals for sales to Asia "
Note: LMB is now Fastmarkets.
Sometimes I wonder if folks bother to read RNS's
Investing. Com get their prices from Asian Metals the same as Vanadium price. Com. do.
Asian Metals prices is used by BMN for their sales to Asia.
BMN use Fastmarkets for prices for sales to Europe and CR Ryan's note for sales to the US.
Https://twitter.com/richard_corsie/status/1660302635537244160?t=58Et7bstbPcB0fEHw79xbQ&s=19
hippydays or should your avatar have been happydays? ( yes i know )
i know that you used to live in sa.
you made good money in the good times, hindsight is a wonderful thing.
don't blame everyone else because for whatever reason you got your strategy wrong.
**** happens.
Great post Pdub, thanks for your time on giving the new investors an education of the history since ipo of BMN.
Sometimes a little knowledge can be dangerous and it appears that some of the uneducated are jumping on the Viljeon v Majapelo negative narrative posted by the trolls without having any understanding of the past especially when Anthony was CEO of Lemur.
Https://twitter.com/DuaneHope5/status/1658892079332818944?t=xuMJtylfyGXwwDrq_hhw6w&s=19
Sorry forgot to add the link
https://businesstech.co.za/news/government/687411/ramaphosa-to-look-into-russia-arms-allegation/
Sorry that post was meant for Suffolk
That's not true S&B.
Their official stance against the Ukraine war is declared as neutral.
The Daily Maverick published an article yesterday saying the an inquiry in to those allegations was underway at the port of concern.
Last week a special delegation from SA was in the US for discussions.about these allegations.
Over 172 mT of Nitrovan has landed in Baltimore over the past fortnight and April deliveries were the highest total since we started tracking shipments over 6 years ago.
Looks like a big sales drive is underway.
dyor
Investing dot com get their prices from Asian Metals. CR Ryan's note is the Metals exchange that BMN use for their US sales.
My post from 11th April 2023. You obviously didn't read it Maurice.
Imo using FeV 80% as a metric is no longer a true guide as to the profit margins BMN are making.
Vametco produces almost 100% Nitrovan which is almost 40% more efficient them FeV 80 and Vanchem has a diversity of V205 , specialist chemicals and various oxides of higher purity that command much higher prices .
One of the reason's that I stopped publishing daily FeV prices from the various sources that I had gained access to over many years of tracking
I make April nearly 200mtv and May looking like it could be even better.
https://importkey.com/search/BUSHVELD%20VAMETCO%20ALLOYS
Jeez there's some bull_carp being posted on here today , watching the trades play out along with the troll pack attack, it was quite obvious that a short was in play.
Iits like they're all together in a small room, watching the SP drop and jer@ing each other off.
They're just a fraction of the shares that slippery Nick sold a few years ago at a much higher price to pay a muti million pound settlement for his divorce. The RNS mineral resource update adds little or no value.
Placing to keep the lights on coming soon at FAR.
https://twitter.com/TheSecretFF999/status/1651638625522655235?t=Y8HfVlYsOUcAOFM_oUvPJw&s=19
The dangers of a thermal runaway and explosion are very real say West Yorkshire fire service.
https://www.bbc.co.uk/news/articles/clk4vrk1yg0o
You are correct JP.
But you don't think for 1 minute that the negative spin merchant's are going to mention that.
FM also stated that he intended to sell down 25% of the inventory this year as at around 1000mtv it was too big.