Member Info for Moneymaker2015

Having been a holder here since 0.45p, this whole suspension saga is a little frustrating now, especially during the current market situation. There’s so many other companies that’s sp is currently rock bottom from the pandemic that I’d want to move some of this cash into but can’t access it.

I have full faith in the BoD as they’ve done a brilliant job the last few years but it’s a little tedious now. More so because there’s all the likelihood that we could re-enter the market at the same price it was suspended, making the whole suspension a complete waste of time.

On the bright side, we’ll hear something good or bad by the end of the month, so we’ll atleast know what’s going on.

I admit £2 is a little ambitious but definitely 50-80p. As someone has already said, it’s purely the price of vanadium keeping this back. As some other metals like gold are currently flying, people are just looking for a quick profits whilst markets still haven’t recovered. The financials will likely be our turning point. If it is shown we still made a profit in H2 of last year when vanadium was between $20-$30, a lot more interest will come back here.

Well Kibo having such a substantial holding in Kat may turn out to be LC’s bunny out of the hat. The news this morning shows the huge potential of Blyvoor. It’s going to strengthen Kibo’s Nav and once in production later down the line would be a nice little additional revenue stream too.

I was wary for a while having holdings in both Kat and Kibo but it looks as though it may pay off in the long run.

Great news today. Huge potential compared to the current mcap and it’s only one project. Hopefully being in both Kat and Kibo I’ll be profiting twice as much once this goes into production :)

The BoD wouldn’t put the flanks in anyone else’s name. They wouldn’t be selling it to anyone else without shareholder approval, so would not take a risk in putting it in someone else’s name.

Yeh it had be a bit confused too. Saw we’d gone up but it’s just full of sells. Either the mm playing games or there’s a big buy going on in the background.

It possibly was when it first came on the market over a decade ago. I was talking about recent times, ie since we’ve been in production or even 4/5 years prior to production.

I like your optimism, but having been here for a few years it would take some very big news to smash our all time high sp by so much. News on the partnership may do it, but considering they’ve just announced another extension until the end of June, it’s likely to be a while until we hear any news on that one.

It will head back that way fairly soon too, now countries are starting to ease lockdown measures. The only thing that may prevent it would be disastrous financials being released. However, considering the first half of last year was so profitable, vanadium was still above operating costs in H2, plus the fact that they released an unaudited underlying EBITDA of US$42.4 million, it’s fair to say financials won’t be disastrous.

It’s just a case of sitting back and waiting for the market to settle. This will go back above 20p within the coming weeks.

Just before we had the last RNS we’d headed back towards 3p. Luckily the last couple of days we’ve had quite a few buys. As always we’ll start to get a few profit takers but it’s looking good for consolidating around 3.1p and setting up a new base level for more news next month.

It’s happened to me a few times, the last being Amer a few months ago. Similar to Hallster said, using a 20p offer as an example. The sp would jump up to around the 18-19p mark. People would take the immediate profits, some like myself would cash-in to pay CGT rather than take a dividend. On the first couple of days you’ll likely see some big trades, as if you can buy-in for 19p and know you’re likely to receive a minimum of 20p can make you a healthy profit. Depending on where the company is in negotiations, it may even be a possibility that the suspensions isn’t lifted at all and a general meeting is held to discuss any potential offers.

It started rising rapidly from Jan - Feb, only to get hit by the Covid-19 lockdowns. The price is holding well at the moment, so it is inevitable that once all lockdowns are lifted Vanadium will sore.

I’m intrigued as to how we have faired financially last year, as I believe Vanadium will balance at similar average price levels in the future, so will give us a rough idea of profitability in the future.

It’s a share consolidation to try and make it more appealing to new investors as there’s less dilution. Makes the shares near worthless for existing holders though.

Investing like this has always baffled me. There’s two types of investors: gamblers that see throw all their money in to something based on nothing, hoping to make a profit and those that believe a company has something worthwhile. Presuming everyone here is the latter and got in here originally because they believe in the companies projects. Surely, at the point at which you stop believing, you should take your remaining money out and put it somewhere else, even if your £10k has gone down to £100. Wouldn’t you want to protect any small amounts left over and turn that £100 back in to £10k? If your just keeping your money invested, on the blind hope that something will one day come good, you’ve actually changed to the other type of investor; the gambler.

I just can’t understand why people on here are still invested, yet slate the company so much. Having your money invested in a company you don’t believe in makes your investing abilities somewhat questionable. Blunt, but true.

I’d forgotten about the warrants at 0.8p. We could really do with getting to this point so we can cash in.

st0, I couldn’t agree more. In times of financial uncertainty there’s nothing more important than having cash readily available. There’s nothing worse for a company than needing money at short notice and being unable to retrieve it. Unfortunately, the response of many to a drawdown of debt is that the company must be losing money, hence why a lot have sold out this morning.

I’ve been reading a lot of news from many different companies as of late, much of which hasn’t been positive. Today’s news is satisfactory and has shown the company will be able to cope with the financial strain that Covid-19 has placed upon it. The mass selling going on here is surprising as BMN are definitely amongst the lower risk companies considering the current market conditions.

It’s very difficult to quantify as we don’t know their intentions for the $30m. They have said part of it will be paid as a special dividend, but haven’t stated the precise value. Theoretically we’re losing 25% revenue, although production will likely double once Tavsan comes online. This, added with now being debt free, meaning profit before tax will be considerably different to 2019, all make it difficult to put an accurate figure on the share price.

There’s arguments for and against the partnership. We’ll lose a significant percentage of revenue. However, receiving $30m when you’re now debt free would be very welcoming for share holders, plus it Salinbas will be pushed into production.

Whether or not a partnership is agreed, if you’re willing to just put your money to one side and forget about it for a year or two, you’ll likely receive a decent return.

I particularly liked that they were in a position to keep paying employees and achieve order demands. These are underlying issues that you don’t see the affects of, but losing staff because they haven’t been paid and losing contracts because you failed to fulfil orders has huge effects in the long run.

Overall, the BoD seem to be doing a great job. Here’s looking to H2 when things are in full swing!

Just skimming through some of the comments above. If anyone is relatively new to investing here or doesn’t know too much about takeovers and asset sales. Some of the above comments may have made you anxious as to what the BoD would do with any sale monies.

The BoD hold large volumes of shares here so individually will ensure any special dividend to be at its absolute highest value. This is the same with an asset sale. However, in this situation the BoD will be responsible for making sure a sufficient amount of cash is retained by the company to cover future operations to avoid making use of debt facilities.

Effectively, in ‘yorkshire speak’, it means the BoD won’t do anything silly with the cash because they’ll make a lot of money from a special dividend too.