Member Info for loudspeaker

NAV is still 20.7p.

Extract from the RNS.

On track to meet 2023 production guidance of between 4,200 mtV and 4,500 mtV, and weighted average production cash cost (C1) guidance of between US$26.1kgV and US$27.0/kgV, (ZAR447/kgV and 438/kgV)..

Eatstocks....you can't poo poo the statement until its proved wrong, regardless of whats happened in the past.

The really good news to come out of the conference call yesterday was that load shedding is not affecting Vametco at all and since the new agreement with the local municipality it has not affected Vanchem.

So production target's are still on track to be met . ( What more can BMN do? )

Not the doomsday scenario the trolls had whipped up.

Https://stream.brrmedia.co.uk/broadcast/6426b8b94b959ac1b1e40d18/6492d70b2d4fe213e22be472

It all boils down to the fact that the Orion refinancing is legally not a done deal yet.

That's massive, I wonder what they'll want in return?

Correction... unresearched ... just for Maurice.

Personally I think it's the other way round , Pdub and HarChris are wiping the floor absolutely spotless with the " Shatter " of unrecearched trolls that frequent this bb.

Https://www.businesslive.co.za/bd/national/2023-06-09-eskom-boosts-energy-availability-factor-to-60/

Https://twitter.com/AimWarrenBuffet/status/1667568573936541696?t=TJ91v5ro7vixSeSy0PgXLQ&s=19

Don't usually publish FeV prices on here anymore.

But following the misleading information posted concerning them last week I'll bring you up to speed.

On May 4, Fastmarkets assessed ferro-vanadium 70-80% V, in-whs Pittsburgh, at $17.25-18.00 per lb, which is down from $18.15-19.75 at the start of the year and down from a year-to-date peak of $19.50-20/lb at the start of April..

So around $39 per kg.........hope this helps.

Extract from today's Daily Maverick

Not for the first time in the ANC government's history, big business has stepped in and offered a not-so-gentle “course correction”. Reminding the President of some basic policy obstacles and how to get out of its own way should not be the remit of the country's top CEOs, but that is where we are.

This week, Ray Mahlaka reported on the country's leading companies' CEOs meeting President Cyril Ramaphosa, raising concerns about the state of the country. The failure of Eskom and our country's stubborn ties with Russia come to mind.

And now, as if by magic, that course correction may or may not be yielding results:

Vladimir Putin and the BRICS debacle may be moved to China, eliminating any worry about South Africa's basic requirements to uphold international law (since China, evidently, gives no fig). Something has spurred the President to call Xi Jinping.

... And the load shedding crippling the country has eased off, for now at any rate. This is not to say anything is connected to the parental CEO network giving Ramaphosa a gentle policy timeout, but the timing is rather uncanny. Read the above links and decide for yourself.

Https://twitter.com/RenewAfrica_/status/1666382877372608512?t=RfLBWXP2xPEp_wY8KCNMyg&s=19

Https://www.linkedin.com/pulse/energy-storage-now-second-largest-consumer-vanadium

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