Member Info for mitchoftheday

Thanks Ophidian - you just answered a question I hadn't even asked yet. Guess that's what happens when you get good at the prediction business!

Brilliant post!
So first evidence of greenfield plan for Mokopane - and presumably this power set up doesn't do any harm to the "lowest quartile producer" position?

I think that confirms Alfa's 40p limit hypothesis...

Is it pissible you spelt it wrong?

Ref NickDerbt's earlier post

Great plans.
Great vision.
Great company.
And spectacular timing.

Well done FM and the BoD :)

I agree Ninvestor. I'd even go as far to say BMN could/should benefit from Brexit. Many investors must be looking for stocks not exposed to the UK economy. I know I am .

Does anyone think we will see BE doing what Ignite are doing here? Could start with Vametco...

..have now updated their target price to 87p (from 37).

They haven't yet reflected SPAngels profit projections in the forward P/E (c.6 for 2019, 4 for 2020), but are quoting a very reasonable 416 (which is the backward P/E). i've asked them to have a look at that too.🤞

Yes, very interesting. He talks about the possibility of making secondary production clean enough to be licenced, and of niobium substitution, but without suggesting how difficult they might be. Increasing primary production processing capacity would take at least 18months. No mention of VRFBs on demand side though!

I think the figures today were very good considering the awful state of retailing in general; occupancy high and steady, footfall ahead fo benchmark and impacts due to retail failures less than a million quid. All better then I was expecting.
There may be heavy weather ahead but these guys are well placed to deal with it, thanks to the niche that they occupy and are exploiting with energy and intelligence. I'm impressed, and will hold for the foreseeable.

Oh yes.

Well done guys.
I think I'll have a go at stockopedia as they are still stuck on a 34p target.
Anyone else with an account is welcome to join in!

Better than that, he's not alone Fizzy

Personally, I'm really hoping this is (Elliott) wave 4, which will mean a fall to around 40p.
Why?
Because that will enable wave 5 to start and that really will be as much fun as you can have with your clothes on, and should take us to around 80p.
But if you're sceptical about wave theory, then there's always three blockbuster news items in the wings each of which will make big waves on their own: Mokopane licence, a brownfield acquisition, and - my current favourite - some clarity on dividends.
And then there's BE attacking the strorage market in partnership with Eskom and the IDC. The market for this is ten times the size of that for vanadium.
All we need is a little patience.

Ah but Daisan, you don't _know_ it's going to rise every morning....

My understading - which I owe to Ophidian - is that this retrace needs to end the day below the EMA20 for this to be considered wave 4. The current EMA20 is about 40p.
What would then follow is the upward wave 5 - which would take us well beyond previous highs.

Lots of single digit trades going through today. Very odd. Any clues anybody?

Cash mountain indeed.
I make the EPS (after tax) about 2p *for the quarter.*
Now, where is that dividend announcement?

Thanks Ophidian.
Just trying to set my excitement at an appropriate level. I'll be watching the EMA20 for clues!

Has s/he been buying shares Alfa? :-)