Member Info for luderitz

BP should have done the same!

put very simply:
2019 annual production 2392 mtV, equates to 200 mtv per month hence 19,000 kks London Metal Bulletin at $26.5 less costs $17.5 so $9 profit kg thus $21,600,000 income.

Ignoring any stockpile of product and differnt types of.
Was $66,000,000 cash, potential refurbishment $45,000,000 which should double production, approx mine life 27 years, gbased on vanadium sales probably to non battery industrial consumption. Ignoring recent mine purchases. (hopefully maths is correct).

I also have ATM, its now a longer term hold, potential is there, ISCOR did lots of drilling in the past so on safe ground subject to markets, funding and the usual. A word of caution depending if we have a W, V, U bounce I sadly belong to a W, so I am selling down the recent rises and increasing my cash holdings, oddly enough BMN I have added 50% to my holding but still 5p each down. Bear in mind some losses are useful for HMRC!

Pdub, thanks for your comments I will aslo let it rest, was curious to see any responses, I was very much aware of the PI-Hforeing platform issue sods law would say if BMN longer term approach is for more insutional investores and less Pi what an esay way to create stock for any listing JSE may also need to aquire insitutions, I have not looked up their rules etc. lets hope out team make some suitable announcements soon and the SP creeps up to the high teens - god forbid 20's then holds! GLA thanks

opps meat Largo not Lemur my mistake

Just been looking at Lemur, yes the Campbell pit has 9 years to run, they have additional acreage to drill, at 50c it was a buy now its close to normal have downloaded the presentations to read more slowly. Considering Vanadiums future lets look at the others and compare.

Pdub, luckily I have not had the negative issues and have down well out of ASX, TSX mainly on mining co, I though given the dissatisfaction with AIM it was worthy of a discusiion, and by chance my provider does currencies seamlessly.

I wasnt aiming to start rumours, we have a director / manager whose job is to get another listing, just dissapointed that we seen stuck SP wise where we shouldnt be after all the progress last year. The bulf ot post here discuss Sp, thought I'd expand it!

Dont recall what our deposits life are off hand, we have a good product, mining and processing and a different set of links to the future energy options. GLA

Yahoo app ok for monitoring Sp. their web page better for research, most markets, then you need to use various web pages like HL, to dig a bit deeper. Webull looked onk saw its utube yesterday so its withdrawing from the market then or just USA?

Of the various exchanges I picked TSX, ASX because of their resources sector, NYSE would be equally good, never had an issue with the others when compared to AIM. I guess they have all had their bad ones, HK if I recall correctly uses number codes but allows access to Chinese companies via HK.

Charles Schwabb sold to TDW (Toronto Dominion Bank Waterhouse) then iii who uses same platform so one can have accounts in most major currencies and trade on those markets all interlinked and seamless be it buys, sell, RI, dividends and I think ASX, TSX are better on dividends options, trading costs on iii negligible, if a progressive market currency not an issue, but yes to observe. Quarterly reporting may help and then BMN has to level up to similar companies.

Can't be worse than stating where we are in the doldrums. So NYSE has 1 supporting vote so far, to my ASX. TSX!

SP movement or lack of, read the Largo presentation, basic comments are interesting production cost $4, $166 in bank, no debts, lower grade vanadium 1.6%, from march low up 50% so are we, however price overall back to Jan-Feb figures on that basis we should be at 18-20 and we have all the battery potential arm, at TSX have quarterly reports, all we need is fair value and progress. Have began to monitor Largo.

Morning All,
Before you howl at me in horror, this may be worth considering as an alternative to AIM and many of its problems.

With TDW now part of interactive investors I previously shares in numerous exchanges possibly, a main difference will be time zones (minor issue). I used ASX, TSX, USA and Singapore, you can buy - sell using whichever currency you hold in the appropriate account. They all have variable ways of listing, main or secondary for example it can all be read on the respective site.
Once you have transferred sterling it makes no difference save maybe 2-3% fx charges, which you can manages as you wish. (No I don’t work for iii).

I assume we will in due course list on the JSE, so as a mining company, our markets include the Americas, similar companies exist (TSX ASX) so we would be joining an established and knowledgeable market with major end users who may prefer locally listed companies as the battery technology develops.

Toronto TSX and TSXV ( I am more familiar with TSX), are both heavily involved in natural resources, many companies for example Glencore have subsidiaries in both Toronto and Australia and from the past I have even been able to subscribe in Right Issues in Canada with no issues apart from an email to what was then TDW. TSX companies often have up to 40% shareholder from overseas. TSX offers IPO, Reverse takeover, Capital pool co, direct listing.

Australian ASX similarly a resource market, quarterly reports and quarterly cash flows reporting, an market that understands natural resource companies, asset test $15m working capital, a free float of 20% in due course may via an IPO for example, all good for us.

It worth considering given our AIM problems, the potential end users who may use our technology in the future, I wonder how many might answer though as this is not the normal topic for the LSA web-site!

There is an endless stream of media articles out there, I have added some earlier, another one I think is partnering university research in Australia ?, is HBIS Group (massive apparently 3rd largest vanadium producer as well) – it’s subsidiary Chengsteel who have the world’s largest Monomer Vanadium Plant & Rotary Kiln for Vanadium **** (pictures on their site). HBIS appear to supporting energy research into battery storage.

Then hey presto links to various conferences including FerroAlloNet Int Vanadium products Summit Largo was a co-host for the 9th summit 2019, Chengsteel the 8th summit. Interesting links when you add other HBIS group subsidiaries like Phalaborwa Limpopo RSA where RTZ and Anglo American have stakes (Wikipedia), given the size of these companies I’m surprized no one has gobbled up BMN?

Surely our biggest threat to shareholder value is being bought out, despite a high PI stake.

Upcoming events BMN
From a different site: it seems to differ on the last years May update?
06/26/20 FY 2019 earnings release projected
09/23 20 Interim 2020 Earnings Release projected and

Invinity: ‘Flow batteries suitable for opportunities lithium cannot reach’
Published: 24 Apr 2020, 07:55 By: Andy Colthorpe

Avalon Battery units at a solar-plus-storage microgrid installed for a commercial customer in California, USA. Image: Avalon Battery.
While energy storage is currently “synonymous with lithium-ion”, there exist opportunities for flow batteries to target areas of the market lithium-ion “can’t provide in an economically justifiable way” ‘ the chief commercial officer (CCO) of Invinity Energy Systems has said.
Matt Harper, CCO of Invinity, the new ‘Transatlantic’ flow battery company created by the merger of UK-headquartered redT and US player Avalon Battery, both vanadium redox flow energy storage specialists, spoke this week with our sister site Solar Power Portal.
From the announcement of the intended merger in July 2019 to its launch last month has been an interesting road in itself. Strategic investor Bushveld Minerals apparently suggested to Avalon - where Matt Harper was president and chief product officer - that rather than “just putting money into the company and watching it grow,” Bushveld suggested combining the capabilities and broadly separate geographical market reach of the two companies to scale up towards commercial viability.
Harper said redT provides a “solutions engineering group” for downstream deployment, while the Avalon portion of the company focuses on the core technology of engineering cell stacks. In other words each had “different pieces of the puzzle” to bring to a merged entity.

full article in their web site

‘We had certain pieces of the puzzle’: Matt Harper on the merger that led to Invinity Energy Systems

Published: 22 Apr 2020, 11:55 By: Alice Grundy Junior reporter, Solar Power Portal

The story of Avalon and redT has been ongoing throughout both 2019 and 2020, with the two companies announcing a merger in July 2019 that was set to see the companies create a "leading player" in energy storage. The duo then unveiled their rebrand as Invinity Energy Systems last month, with the completion of the merger.
Both companies were focused on vanadium redox flow machines, and have an established relationship with vanadium producer Bushveld Minerals. Bushveld provided Avalon a loan in November and entered into a vanadium financing partnership with redT in March.
Solar Power Portal caught up with Matt Harper, Invinity's chief commercial officer, to discuss how the merger came about, what's on Invinity's to-do list and the unique challenges for flow batteries over other storage technologies.
More on their web site for full article

Fair enough, I was just surprized by a screen of blue, thought it might be a useful observation, regardless Im and investor, trying to share pertinent industry news recently that may help investors to see the potentila is here, which will benefit us all. GLA

Sanchaz bearing in mind your post this moring on trades you should be gratefull I am being honest as those with the ability to check can verify it, I see in bumblingfools comments it one honest one gets abuse - I guess I have beed relageted with the same tar brush.

Sanchez only becase a few days ago the sequence was picked up as a possible mm set up, i,m just being honest bearing in mind 1 bought quite a few on friday my buys outweigh my sells just tidying up, it won't stop me buying later in the day or even week, its more administrative I am a long term holder, its the only times I have voluntered buy sell info, happy not to if prefered.

just spotted 0851 80K sold but blue

I don't trust the lse red blue codes, I sold some at 13.155 which on the whole are blue!

If the flow battery forum is dusseldorf of somewher similiar in germany this summer its moved to I think years end or early next year same venue, can't recall the exact name of city, read it over the weekend, as well as your Corbine Cup and other bits and bobs.