Member Info for marc001

Nice wage increases for '23 onwards for employees, now you wouldn't agree to this if you weren't assured of profitability going forward would you? Assurance of workforce stability also - nice to see. IMO only.

@Setcentric: Sorry about some of the folk on here - salty due to the current SP I imagine. You keep doing what you're doing, many and most appreciate it.

Is that large £200k + transaction from late yesterday (showing today) a buy or a sell - anyone know?

Lol, deramper - that’s a good one. I have a decent position in BMN and have never shorted a stock in my life (and probably never will). Just a PI who speaks his mind, and is not interested in suger coating. Like most here I’m underwater too, most of us will be, but it’s not money I need right now nor is it excessive amounts.

That’s fine markinvestor, that’s what the BB is for, everyone has a point of view. I’m not here to rose tint it.

Not what anyone wants to hear, but the SP will probably stay low until a good proportion of the holders that bought high up capitulate and sell. That's unfortunately how it works. No doubt the SP will be pinned to this low range to bore people out of their positions and possibly allow for accumulation. Sorry, cant see as low as sub 5p, otherwise it's in the same territory as the explorers. You're either in it for 3-5 years + and happy to hold, or you're not and you'll sell - easy one really.

Recent tweet by Largo suggests they believe Vanadium is going much higher in price. Shame BMN aren’t out there promoting like they are - they are holding back IMO, why I don’t entirely know. SA exchange listing first maybe?

Take a look at the recent Largo President’s recent large share purchase in the last week - 15k shares approx. Now if he’s bullish…

End of the day, the SP will remain low until the large entities out there have accumulated sufficient shares for price to be allowed to move. And for them to do that, small investors have to be shaken out of their positions (or more likely here - bored to tears with no movement). Patience will win out - just my opinion.

You can tell when a deramper is losing patience when they resort to petty insults - good to see it. Alfred - the harder you try to deramp the more bullish I am on this stock, we all know how it works. Nice try at the ‘I’m a real everyday investor here’ guise - but on this BB even the best are called out.

Yep can confirm that, I topped up at that price today for approx 54k shares

Whilst it is of course not great that the SP is where it is, I would say it's held up fairly well considering the macro economic outlook. Yes, it is of course awful to be a shareholder sitting on a substantial paper loss, but please try to remember that the market owes us as investors - NOTHING.

I have invested for the long term as of end of August last year and with an average of 12p I will continue to be invested for the years to come until this company has reached it's potential. In the meantime, I frankly care not what the SP does, because I have invested in the fundamentals of the business. In the long term, the current SP will be a distant memory IMO. Buy, sell - do what you will, I care not, if it's such a terrible burden for some to hold you probably know what you need to do.

It will be telling if the SP is allowed to move towards 10p again what happens, if sharp sell off down or not...

Sorry no, markets only want to inflict maximum pain. Seriously though, it will be irrational far longer than we won’t it to be.

@DerryRhumba - poor liquidity is why. You cant sell a large quantity like that unless there's a buyer at the other end hence 'smaller' sells. Standard AIM problem as few institutions and mainly PI's.

Did a large short position close this morning? I'm guessing a short covering was responsible for that rise.

Twitter rampers have gone turbo today on BMN so something is afoot.

https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/metals/050522-overlooked-vanadium-may-gain-energy-storage-market-from-pricey-lithium-ion-mines-money

For electric vehicles: https://www.cnbc.com/amp/2022/05/02/biden-starts-3-billion-plan-to-boost-battery-production-for-evs.html

Yeah, primary Vanadium producers, who needs those niche players eh - not like China won’t need loads of steel over the next 10 years or anything for their infrastructure investment drive…

https://amp.cnn.com/cnn/2022/04/27/economy/china-xi-infrastructure-push-covid-lockdowns-intl-hnk/index.html