My thoughts on this decline in SP24 Sep 2022 11:36
Ok, so BMN SP is in a decline to seriously low prices, but so is Largo - so what does that say to you? Well, for me it says it’s not unique to BMN. Throw in Largo starting LPV (Largo Physical Vanadium) end of this month and you have to think, why would they do this at this point if they didn’t see some kind of positive shift in pricing around Vanadium in the mid-term. My perspective is this - the sharp downturn is nothing but an orchestrated shake out (whether by shorters, or simply keeping enough sell pressure to encourage a waterfall sell-off IDK). After all, if smart money is bullish in BMN they will want as many shares as they can get their hands on won’t they? It’s just my opinion, feel free to disagree.