Member Info for LuckyLuciano

Pdub
no point in dissect my post to make a points.....at the end of the the sp speak for it self.
Disparaging, aggressive ????
Pdub mate I can emphasise with you been hurt after today news but please don't blame me for it. Yes I had my revenge with possibly a sarcastic "10p next stop " post.....But as I said before it comes after been deliberately insulted and kicked out from this board. Talking about been decent and human.....
Anyhow below my assessment of future sp trajectory. If 50MA bounce back up from 200MA then we wont see 11/13ish range, but a close below the green support line will look very bad...
https://tvc-invdn-com.investing.com/data/tvc_f9d07fe2dd4c5b4917f28c85c13ff627.png

I have just briefly check the two valuations and fundamentals, didn't look at how much cash each company holds right now.
Two facts most relevant I note is that it seems to me Sav is at a much more advanced stage of developing the Barroso project awaiting now only the Definitely Feasibility Study, including all the permitting paper of course. But I was also noticing the difference in lithium deposit Grade the two project have, been Sav at around 1% and Europ. Metls at 0,1%, a tent of Sav grade. I remember reading that any lithium grade below some 0.5% is uneconomical to mine. I wonder if any of you has a view on the difference between these two companies. I note also that EM is valued double Savannah market cap so either one has to go up or another has to come down. Finally the location of EM project, been a old artisan mine, was repristinated to its natural habitat in 2000, will it be reconverted again into mining site?

You can say that ijr1
I have been invested in Lithium companies mainly Australian and USA and Canadian. Even the cheapest exploration companies out there are valued 2/3 more than Sav. Moreover not to underestimate the source of Lithium of Sav, been hard rock rather that brine. Hard rock is by far the best source due to the lower cost of production simple operation and high concentration. Brine require months of production delay due to evaporation process, and has a massive impact on water consumption, then there is direct extraction technology for brine deposits but only few company have developed this method which require lots of patents and research process before implementation. so in short, rocks rock

Pdub
My post is definitively highly provocative for sure, but not misleading unless you imply that I am lying about something. Mind you forward statement could be all lye of truth depending how things turn out... Including statement like BMN is making a profit right now or not. Let me engage in the conversation then. Currently looks like costs are going up and production down, the only thing that may save the day is prices keeping rising. Be aware that Vanadium price tend to be vary volatile and unpredictable (sorry not deramping just fact). But the thing that many here have interpret has a massive puss and which in my view COULD be a minus, is this integrated business model that BMN has in mind...This means lots of management time is going to be spent in fancy sale and acquisition of shares in RFbattery development companies that in my view, are distracting the management for current operations at best...How how comes that post the successful completion of the 35-day planned maintenance shutdown, there were more unforeseen mechanical breakdowns after start-up, followed by six-days of unprotected industrial action in April 2021. They call it successful? There are dozens of RFBattery developers out there, was there the need for BMN to get involved in this space, at the same time they are undergoing a mine acquisition and redevelopment? As if the company coffins were loaded with cash?!
Anyhow please accept my apologies if I sounded deliberately enjoying for the current state of affair, that is not my intention although the way I was treated in this board, calls for it. I am not venturing to predict future forecast numbers for BMN, too difficult for me, beside saying that hopefully if vanadium price keeps going up it would save the day.....But if I can leave a contribution to this board I would like to remind that often not fundamentals but the management team of a company are the most single important factor to watch.

Perfectly agree with you raffym...
My 10p is simply based on technical and very fanciful. The point i was trying to make is, would you invest in a company which management is very good at making striking announcements, but when it comes to delivering the goods simply disappoint? I always been suspicious of managers and directors shouting louder than others, some company build a very good PR circus, possibly because they are not able to do anything better......Anyhow i note that China delivery Ferro Vanadium price is on the up again, maybe this will save the day of Bmn.

https://www.power-technology.com/news/european-commission-launched-lithium-ion-battery-investment-project/. No to u derestimate this new. With the Eurooean mobilising £billions for Lithium developments, it should be a formality for Sav to finance its mine including seeding up environment permits. Europe needed to set up a political and financial frame to develop this industry.... Now is happening.

Same estimate here.... Basecly all the profit of 2020 in half of this year.... And 2020 was already a good one. Dividend almost $1 last year who know this one... I am hoping for a quick drop in sp before H2, to top up. £7/8 by year end???

Have to say.. I was kicked out of this board some months ago, by some here that in the proces managed to be deliberately rude when replying to some doubt I had on this company management style. At the time some debate was going on in assessing if FAR represented a better investment than BMN. I didn't take full adventage of FAR trepling sp, not even close (unfortunately) but this is beyond the point... Been that I am sorry for those investors that followed the blind and stupid convictions that some usual resident suspect on this board have/had on BMN. Maybe next time in stead of going all the way to knick out someone from a board, just because has a contraria view on a company, there will be more space for a balanced discussion so that in the end everybody will benefit in making sound investment decision.

I like Sajid Javid
he seems competent and got leadership. NHS and heath system is in good hands and possibly complete reopening ....Would be nice to have some news on covid19 therapeutic drugs developments, not vaccines. that would help to prevent deaths once one catch covid19, considering that is going to be around for ever....

...sure posted this earlier on see" Time to load up" post below. Notting to do with Fxpo but some here might be invested in Evraz...

I am not invested here...just to clarify things.
My is just a general comment on the sector, I see a lot of inverse correlation between the dollar and the main indexes.
Meaning that when the indexes go up is risk on and when the dollar does up indexes go down and is risk off. The question is where gold fits in this relationship. Historically it was very much inversely correlated to the $ but more recently imo it lost this rapport and is now in the limbo, exacerbated by the event of cryptocurrency. All this to say that today even more than anytime if investing in gold sector imo is paramount to look at the single companies fundamentals, including geopolitical risk, cost of production and diversification of assets.

I may be wrong but all this talking about oro ire price coming down in the second half of this year, sound to me just a contraria view based on fried air. For the same token we can say that prices will go up further...... Steel production from China at record high, now Europe and USA production increasing for H2 not to mention India and Jappan. Meanwhile is still to be seen if increased iron ore supply from Vale will materialise an what effect will have on prices. Vale been notoriously ureliable on forward guidance. All thing been equal imo we could guess that iron ore prices we average at these levels for the rest of the year. On the geopolitical scienarium recent event of a British fregate ship been shoot at by Russian forces near Crimea waters, is an event that need more pondering imo. Fxpo sp hasn't registered the event but it could escalate further developments..... If the UK rest its case after this event and maybe carries forward only via media platforms, it would be a great thing. Russia by intercepting British forces in Crimea waters and shooting fiew rounds, has had something to fill the news paper back home, which reifirce commitment from the hard line Russian nationalists, the UK hopefully have gadered some useful informations/intelligence out of this, in the event of a more serious excavation.... Which I think will never happen. I have looked at Biden bodi language when meeting Putin recently and it looked very apologetical, hopefully Putin had the same impression and is now happy with that. I can't venture in calculating how much profit is making Fxpo but must be huge, looking forward for a July sp increase plus past recent high.....

I don't think I ever saw a share with such low volumes...In one way we can say that FI is not selling anymore, but on the other hand nobody is buying either..lolol.
Anyhow possibly the technical levels are coming in to play here ie 120 support. Q3 production, PGM average price and maybe more positive news are imminent. For the past 2 years there has been a steady rise in sp from Q3 to Q4, LETS SEE WHAT HAPPENS....

Please tell me who want to go on holiday in frr@king Germany?

....not even that Ya37, as once a young people catch covid19 is going to be even better than vaccinated. My feat is that the governments are starting to use this vaccination thing and vaccine passports to control the masses, or for political and economical reasons.

We would be where we are right now. This virus has been modified in laboratory to be super contagious, once released in the environment there is no way to contain it, considering how the world population is able to travel and connect. Therefore the question is in long terms how are you going to keep it under control (not eliminate it , impossible) so that the economies keep functioning. In the end influenza vaccines work 50% at best and still thousand of people day every year from it. Covid19 has been a good excuse to print more cash to give to friends in the high finance, and keep the population under panic.

Right possibly using fabric mask would solve this problem and fortunately anyone as an option to find and alternative solution, hence I can't see it been a bigger problem than bee forced to be vaccinated (with unknown consequences down the line) or not be able to travel, work, socialise...practically not be able to live. They forced the vaccine down on us and now they will use it to control the masses.

Bought today on the back of this ....
https://www.power-technology.com/news/european-commission-launched-lithium-ion-battery-investment-project/
Have been looking at SAV for a while and was put off by the difficulty to get thing moving in Europe...
But with Sav joining the Portuguese Association for the Battery Cluster and other things happening at European levels, this may be the right moment to invest. If we close above 4p in the next weeks this is looking very good.

I am with you on the absurdity in locking UK out of Eu....that is just Brexit vendetta from the Germans. But on the vaccine programs I have lots of doubts, yes was effective to stop the spread but at what consequences we don't know. Beside immediate blood cloth death there can be many other adverse reactions that have not and will not be studied and monitored for obvious reasons. So is a lottery with the vaccine, but in the end possibly the Swedish stile approach to corvid19 was the best.

Green rules yellow rules blue rules...it is a sad situation. With the 19 we are now in a situation whereas to travel abroad or even to go to a public event in uk , we will have to rely on the NSH App. I have the second vaccination in June, my app shows a bar code to be use for travelling, valid till end of July. How on hearth am I going to pan my holiday going forward with a month visibility? Are they forcing us to book last minutes holidays and pay a fortune for it? Me thing the dark forces are at play here....Han**** resignation was not a coincidence.
Is when situation of panic and despair are created or occur that, new change of policies are implemented with ease....Theses days we can't even see a Doctor face to face anymore...all done via App and online form to fill. If you tell me is all because the NHS need to save money, please tell me also where are going all the billions and trillions government central banks are printing....We are living worrying times indeed, more and more controlled by how masters.
Anyhow bought some today hoping that the 200ma will hold at 165.