RE: VSA VID ON FAR SIR MICK25 Mar 2021 13:11
What do I see, imho:
- £5,000,000.00 worth of FAR shares bought at 30p over a phone call a day ago.
- Many more were bought above the 30p value
- Ex-Xstrata CEO and Anglo American are now on board of FAR
- NPV of $2Billion at a vanadium price of $7.5
- initial infrastructure works now fully funded and proceeds to be used to fund stage 1 expansion
- VRFB is one of the elements for the future in this a secular change in the energy sector!!
I do believe, now that Sir Mick and team are on board, that funds like Citadel (which sold a little while back ) are kicking themselves. What do you think they will do, together with the other funds and MMs? It is my view that they will want a piece of the action and will not accept that little Tommy, Dicky and Harry will be the biggest winners here!!
They will try all the tricks on the book to psychologically make you sell at lower sp. They will put all their orders as low as you can think of, and the sp will drop to meet them, as Paul Peter and John will be so scared to buy in seeing the price drop that there will be no sell quote for the current holder, unless you accept the entry point these MMs are happy with so they make the big bucks I am waiting to get.
So, here is a message from me, Mr. MMs, go and suck on my FAR! I am a long termer sonny! Only Sir Mick is can let me down here, nothing else, but I don't think he will.
Good luck all
ST