Member Info for MALTBY2002

The rapid roll out of news on the implementation of the VIP is both welcome and exciting. Can anyone suggest a timeline when these developments will be translated into revenues that will demonstrate to the wider investment community that we are far more than a one trick pony dependent upon the mining of Vanadium?

In relation to Alfa’s earlier comment on V prices, a bit of economic theory suggest a consumer would need to be a monopsonist to have the market power to force prices down to below equilibrium price. Can a company like Glencoe have sufficient market power to be able to achieve this and if so how long can such a situation continue for?

V prices will increase again from these low levels and quite possibly before the year end. These higher prices will then coincide with the increased production from both Vametco and Vanchem providing a double boost to our underlying profits. Now if we start earning revenue next year from our V batteries as well then I suspect we will be no longer having these discussions on the low SP and the trolls would have moved off to annoy shareholders on other boards. Bliss !!

Record production for September

Crux interview with Fortune booked for tomorrow Bella which to me confirms the Vanchem announcement then

Interesting that the BE web site now up and running concentrates exclusively on its implications for Africa

RNS on funding this afternoon arguably increases the chances of a Q3 update tomorrow with an indication as to where some of this finance may be heading. A bumper RNS to burn the shorters would be absolutely ideal!!

We are talking market perception here. We all know that low V prices are good for V batteries but at the moment that is not reflected in a revenue stream. The market still sees us as a V mining company whose main product has fallen in price this year. This together with the appalling market manipulation evidenced by Alfa has contributed to the SP fall. I haven’t sold any nor do I intend to. V prices will rise, battery related contracts will be signed and production will increase sooner rather than later.

Further appraisal of Serenity to be included in Phase 1 drilling of Liberator next year and then fast tracked for development. Good to see that despite the failure of the first well this year to hit target the resulting seismic has increased the COS of the final Liberator well due shortly. Despite the disappointing share price reaction a very good day for all I3 E shareholders

A Presentation to look out for when it becomes available on the web site

Dilution limited to $23 million convertible loan note over 2 years with lock ins. Should be a billion pound company by then !

Correction diamonds not gold! Auto correct again!

Good to see the land contract under Tectonic and not Vast. With a target field of over half a million carats of gold at an average of 400 US dollars per carat the sooner we get off the NEX market into the main market the better.

This revised downwards price target of 43p not only excludes Vanchem but also BE as well

Just provides the mm with another excuse to drop the SP as if they needed one!

It would be very much appreciated if Alfa could summarise some of the implications for Bushy following the Flow battery meetings this week. The Vanitec slides and Rich Ken’s comments suggest we are in for a very exciting next 12 months

Looking forward to some feedback from the Vanitec meeting in Lyon on Monday which no doubt Alfa will be attending again. Next week would be an ideal opportunity for a BE update which we wait for in eager anticipation

John Meyer rightly very bullish on BE today in explaining their recent upgrade in their target price to 90p

Whilst I recognise that a fall in the value of the Rand such as what we saw last week is good for our cost base it is a sign of a loss of confidence in the S.A. economy and not therefore conducive to foreign investment. My preference would therefore be to see an increasing Rand and a rising V price to offset the higher costs

A reminder of BBN’s tweet earlier which related to energy storage but actually sums up the present position in relation to BMN’s present share price. Fasten your seatbelts for the roller coaster ride!