Member Info for Momentum5

Do we think phase 2 will take 4 years. I think it will be faster than that. I really think Sir Mick is going to turbo charge things for FAR now. They really don't have anything holding them back. They have the money they need and they are potentially are going to have the very best team working on this with Sir Mick's contacts etc. Really think things are going to really motor now.

My personal target in 6 months is plus £1 and in 2 years plus £3 but that is just me.

Sorry Chairman not CEO.

Hi FigTree, I thought the 8th of April to, but SP pointed out that initial investment was made by Vision Blue effective 19th March, so Sir Mick could potentially become CEO tomorrow. We will see.

I think as soon as Sir Mick is chairman it will be like rocket fuel for FAR. Everyone will want to impress and get everything moving as soon as possible. He will want to make an impact straight away and will look at any road blocks and get them sorted. He can bring in his new team and effectively like others have said this will be a completely different company.

Great, that will be a big PR opportunity and I am sure that will create a load of headlines and therefore raise the PR profile of FAR. Take opportunities like today to load up if you have cash.

"Completion of the subscription for Shares as part of the Initial Investment will take place on the eighth business day following the date of the agreement. Application is being made for admission of the Shares to the Official List of the FCA (Standard Segment) and trading on the London Stock Exchange's Main Market for listed securities ("Admission") which is expected to occur at 8 a.m. on or around 25 March 2021" So am I right in assuming that Sir Mick will be CEO around 8th April 2021?

Sorry found it now "Sir Mick Davis will join the Company's board as Chairman following completion of the Initial Investment outlined in the Subscription Agreement." As I say when that happens there will be a big PR push and news will spread fast.

I wonder how many large investors will be looking at the new investor presentation. It does not take much to sending this share flying upwards. Load up while you can at these prices. With a project economics like this one there cannot be many that can beat this. I just think we are still so under the radar that news has not got out enough about this share. When does Sir Mick become CEO? That could well create a full headlines like in the FT etc which will set this share off.

Thank you.

Does anyone have a list of milestones for the phases of the projects. So when phase 1 should be complete and phase 2 etc. I know that the new high voltage power line is due to complete in the coming months and BFS should also be in the next few month. Would just be great to put a list together.

Hi, I am invested in UFO and I hope it returns to it's highs of 3p plus but I am always looking for other potential stocks that can do really well. Just a heads up but worth doing some research on FAR the more research I do the more I think it is going to give massive returns 10 bag potential. Sir Mick Davis boss of Xstrata is soon going to be CEO. Current market cap £120m potential to get to £1Billion plus.

26 minutes in Sir Mick say FAR has the potential to create ENORMOUS amounts of value for it shareholders.

About 25:44 minutes into the below interview Sir Mick says that the focus of his investment into Ferro Alloys is to make sure that the NPV of this project can be realised. Wow so $2bln Net PRESENT value. That is approx. £1.45billion at current exchange rate so current market cap of FAR is £120m now x10 = £1.2billion so I would say we have a good 10 bagger here. That is Sir Mick saying that Xstrata boss soon to be chairman of FAR.

https://www.youtube.com/watch?v=fAm3MiS6d74

Check out Sir Mick Davis wiki page re his career:

https://en.wikipedia.org/wiki/Mick_Davis

I think we are in safe hands.

The re-rate on this share has not even begun in my view.

Yes, the potential of this share is amazing. The more I listen to the recent podcasts and interviews the more I am convinced this is going to be a massive win from these levels. I have loaded on this recently and I will not be letting any of my shares go for anything less than £1.20 minimum but ideally £2 plus. I really like the way Sir Mick called the current setup the nursery. Why would he use that word if he did not play to massively upscale this project.

Is anyone able to trade this at the moment seems difficult to buy any.

I have researched this share as much as I can and I personally believe it will be a $1billion plus market cap. It has everything going for it now that Sir Mick has joined. The resource is amazing and with Sir Mick leading this now it is as good as you can get to a sure thing. I will not be sell a bean of these share as I am in for the long haul. Buy and hold for MASSIVE gains.

Well done anyone who managed to collect shares yesterday. I was looking at the price wishing I had some spare cash. Anyway UP UP we go.

See below approximately $224.2M

https://networthroll.com/mick-davis-net-worth/

Worth watching the below YouTube presentation. It is long so 48 minutes all about FAR history and potential profit. About 35 minutes in they talk about Phase 1 & Phase 2 potential profits.

Phase 1: Potential annual profit of $107.5m at Price of Vanadium $7.5/lb
Phase 2: Potential annual profit of $430m at Price of Vanadium $7.5/lb

https://www.youtube.com/watch?v=V25WxW_9JKE