Member Info for marc001

I wouldn’t be concerned what your friends think of your investment choices. Most people either laugh or say it’s too risky when I mention it. I couldn’t give a stuff what they think tbh - I’m happy to walk a ‘lonely road’ with this one. Contrarian till the end.

HarChris - Agreed, it's just a waiting game. Likely to be a longer wait than most will be comfortable with though.

Yeah, crazy isnt it..? Imagine a CEO wanting to get exposure for his business at a major sector event at the start of what could be a multi year metals bull run. Cant imagine why he'd bother to waste his time...oh wait....

Dear oh Dear, HalfManHalfBrain, whatever will you say next to make us laugh.

Vanadium prices rising fast, IronVeld has plenty of Vanadium, surprised to see the SP down here still.

Asian Metals looks like a sea of green today - V up globally across the board, inc small rise in US our main market. Gaining momentum now!

If LI batteries go into shortfall (due to demands from electric cars, etc) and as LDES ramps that could be the catalyst for V. Maybe instead of the previous sharp spike we might get a more prolonged rise, which would prevent a blow off top SP.

As for HMHG, guys just trying to do his job right?. If he’s paid to be a de-ramper then you’d jolly well better expect him to make an effort. His 0.5p 5 year target is what I would expect that being the case, if he said anything else I’d be concerned for him.

Personally very excited for the future of BMN. Best to try and train your mind to block out the short term SP as it’s designed to flush out weak hands, and those unable to stay for the long haul.

Appreciate sentiment right now is in the bin, but don’t let that guide you - focus on the business and if it’s making progress and heading in the right direction. Rome wasn’t built in a day, as they say.

OilyRags - Multiples of 50p, like the sound of that estimate. Maybe dividends also. No harm being bullish when most others are bearish, nobody ever made a fortune following the crowd.

HMHG - I don’t care about what it was 5 years ago, great companies go up and to the right when it comes to SP. 2018 was based on V price rocketing and BMN as a proxy responded. But fair enough, your target is 0.5p, I respect that.

Hi All, interested to hear thoughts on future long range SP expectations if anyone wants to share? I’m taking 5-10 years from now, assuming all goes well for the company of course.

HMHG must have run out of negative pointers for now and is trying his hand at a spot of ramping. Just as well, bloody terrible at deramping - messages just made me more bullish.

Doesn’t the announcement of ‘several electrolyte contracts’ recently by Fortune on a Twitter require an RNS?

re: "Confident that an agrement with orion on restructure of the debt will take place (of course they might just pay some/all of it off anyway) - I see this as a done deal. orion have a long history of support and so long as there is good cash generation, it is not in their interests to not re-finance".

Totally - Fortune said he was confident on this when pressed on the call. Sure, the Trolls will try and play on it, but given what we know about V market outlook and prices and the efforts this year to curtail load shedding, I agree whilst it's uncertainty it feels like a non issue IMO.

I don't like to complicate things, so I wont, let's keep it simple:

- BMN are making great progress as a business, with loads to look forward to so far as new revenue streams (Electrolyte plant and sales coming on soon)

- BMN is a proxy for the Vanadium price, which at the moment is increasing steadily every week. Long term Vanadium supply charts show a deficit come 2029 onwards, when new supply will need to be sourced. As V increases and maintains it's price trajectory, so does BMN's profitability.

- BE carve out soon. Once this is done, it will alleviate the markets concern that BE is a cap-ex drain on the BMN mining business. What additional benefit we will see as existing BMN shareholders I'm not clear on, once the carve out happens, but I see it as net positive.

So, if the only elephant in the room is what happens with the Orion debt in Nov and here we are at SP's last seen before we became a producers, then what can I say - you make up your own minds folks. I know what I think and I have the patience to see it through.

I'd imagine it would help Bushveld from an Orion debt renegotiation perspective if BMN market cap was higher at time of negotiation. Is this a fair statement or not?

https://mobile.twitter.com/Vanadium_EU/status/1621357815620059136

No RNS yet to say that TR1 trader has sold down his position, so hopefully more fuel yet to come in the fire for the SP. Hoping we might see .60 / .70. Nice low volume nodes in the volume profile between 0.32 and 0.70 to support the move.NFA.

Why would anyone buy 2 quids worth of shares? I pay £5 per transaction, lol.

When do they usually release the financial results for ‘22 ?

Huge effort going in here to shake out holders from their positions, and when you look at it like that, it’s quite bullish imo. Downtrend won’t end until the ‘powers that be’ want it to and have acquired a suitably large position at a lower enough cost.