The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Early days yet but the green shoots of vanadium price rises are just showing.
https://twitter.com/firekat123/status/1740052432376483894?t=13LDsxRIQGbyDT8ILq8QTw&s=19
That's another would be V producer knocked back for at least 4 years.
These wannabes who used to have the finance bankers on speed dial when vanadium prices were high are now finding their calls going straight to the answer machine.
With Largo also in trouble , the cost cutting and financial pruning that CC is implemented at BMN hopefully will bear low hanging fruit in the coming year.
Meeting Agenda
Voted
Vote by December 21, 2023 2:00 p.m. ET
Suppose that's SA time
HL voting closes today at 1400
Https://twitter.com/AndreaHotter/status/1733156952761380942?t=GVcJUul3arDloBZOUvPuvA&s=19
Out
@V1per then you need to stop selling shares for less than you paid for them.
But they did the, incestuous square mile got wind of an accelerated bookbuild placing judging by the MMs hovering up of
shares over the last two days, sometimes willing to take 2 million above the bid.while hammering down the SP.
Obviously thought it was going to be at 2p as previously posted .
Hope the broker client flippers and shorts didn't lose too much.
Blending Vanadium rich s lag into the mix at Vanchem significantly improves recovery rates and further decreases costs.
SPR also holds an interest in Highveld Robust Steel, a company that is in the final stages of acquiring and planning the resuscitation of the Highveld Steel complex, which would provide significant synergistic benefits for both SPR and Vanchem. SPR envisages supplying vanadium-rich s lag to Vanchem for processing at much lower and more efficient costs and higher outputs compared to run of the mine ore. Bushveld would share in the benefit of such optimisation.
§ SPR is also undertaking to develop Mokopane in the near term, reducing the Company's feedstock risk and input costs via an irrevocable life of mine supply agreement.
Been following vanadium prices for over 10 years now.
Built up many reliable sources and contacts over the years and reports are now filtering through that they are starting to pick up.
Early days yet but there is talk of China raising its highest rebar vanadium standards to HRB 800 which is almost double it's current specification.
Reports from China say that still 20% of the Chinese rebar industry are still using heat and quench methods to try and bypass the 2017/ 2018 regs although inspector's now have developed on site tests.and are cracking down on these rogue operator's, So introducing these new regulations may be problematic as the old ones are still being circumvented.
But even these new proposed rebar vanadium regs are still way the US specification.
It was only a MMs UT trade, it will open blue in the morning.
Extract from RNS 16th of November.
The Board further announces that the Company is investigating Ms Chikanza regarding alleged misconduct relating to failure to disclose a material conflict of interest. Given Ms Chikanza's resignation, the Company has suspended her from her contractual appointment with immediate effect, pending the outcome of an independent disciplinary process that will now follow.
I also think that you know why the finance director was forced to resign
MUST RNS out
Could be wrong but I belive FM used to have his finger in that pie.
She was also London based.
The Official story .
During the electrolyte filling procedure, the Plant fire alarm actuated ,a total immediate evacuation of the premises was enforced.
Precipitation occured during this period and the electrolyte became contaminated which was not discovered until testing.
In 2020 China was a net importer of Vanadium.
For those who can't access this report and requested via Google Drive
https://www.lpvanadium.com/dist/assets/docs/Project-Blue-2023-Vanadium-Report.pdf
Https://drive.google.com/file/d/12NnvuzTF_wv0TtGZdREq8I19t2_sBpzc/view?pli=1