Member Info for LukeC4

SPVs are easier to attract investment into, as they have specific measurable goals and less draw on cash for non core activities- they can also bring private equity in outside of aim or other market rules. What’s interesting now is BMN sum of parts valuation. Anyone got a tally?

Dilution seems some way off in theory. Surprised by the negative sentiment in the SP. no hints of danger in rns….just growth and notably organic growth at that. A placing might happen next year but the SP will re-rate first and if the company can produce 2/3 qtrs if FCF then perhaps a main listing and bond to raise capital? Funding does not need to equate to dilution

Looking at the updated share holdings…pretty much 70% of shares are held so the free float is so low. Typically if demand comes these shares move very quickly into auction looking at filling order books. Although vanadium prices have come off $40 is a good price on increased volume - nice margin and great assets…a TO can’t be ruled out…

morning all, does anyone know the size of their Argo holding? trying to gauge some of parts here

so funny, the guy has 9 posts lol lol

Can anyone shed light on cash flow please? Net loss of 9m last year (2021) so I’m wondering what the outlook is like? It’s not jumping out in the presentation - nor is how capex is going to be funded - not detracting from value proposition but my eye is on timing an entry

Means nothing bushveld are absent - the cost of those events vs ROI shows good cash management and is sometime more suited to companies looking to raise cash or raise awareness

I hope so….let’s get into double digits and above 12p as support ;)

They keep creeping up. Threat here is delivery and sales? Shipping still massively disrupted, just a thought

Good vanadium mentions here - reinforces the strategic and volatile narrative of vanadium in the energy revolution

https://blogs.imf.org/2021/12/08/metals-demand-from-energy-transition-may-top-current-global-supply/?utm_medium=email&utm_source=govdelivery

You really can’t compare these, BMN is vertically integrated into the energy storage play and beyond the capex hurdles of a new Co. What is good is the need for more vanadium for BMN globally. I think all in costs for BMN are $24 and likely to fall…in time as the market diversifies beyond the predominant demand in steel we might see more strategic stockpiling and hedging if supply, and even a TO. It’s a strategically placed company for the green energy revolution and may be snapped up by a major. The risk reward here is great if you have the time and the nerve.

glad this dilution is settled. gives certainty to it - good or bad and the markets like that. They will sell some I am sure - the overhang will clear - June 2022 is my view for the rise to 16-22p but who knows?

I wonder what battery tech was used in the micro grid? our I hope..

On 2022 earnings - I bought at same levels in the dark days of 2020 and this has come a long way. Ferro vanadium price seems to be holding up too, as far as I can see

https://www.londonstockexchange.com/news-article/LOOP/preliminary-results/14918146Read it...back to back. ALL GOOD. Still in growth mode but slightly cautious. To be expected in C19 world.

Their accounts should do this....lol

Something that gives me confidence is that cash generation / conversion to get to the net debt position. They are doing something right and and they have been in growth mode - recruiting..

It’s uncertainty and the markets don’t like it. I agree on the accounting comments but also if they are clearing house like this it could be takeover related...or big investment inwards.

I have a sneaking suspicion more buys here than sells. Many of the sells are Mis labelled. Tomorrow will be interesting

I’ve been here a while. IC tip....liked investment in growth and historical revenue growth.