Member Info for Nickderby

‘the Company is reviewing the timing and required investment to expand production capacity to 5,000’ Bolgas, you plank. They are considering bringing forward the phase 3 expansion because things are going so well! OMG, I’m not surprised you’re not very good at this investing game :)

A reminder for any new (real) shareholders. This is from Fortune Mojapelo’s Indaba presentation earlier this year. From FM himself... At current FeV prices, current costs and 2018 production levels, Vametco "is a mine that is capable of generating US$150 million in Ebitda." This was stated when the FeV price was just $60 per kg. Even after the recent falls we are still well in excess of this. US FeV, where 50% of our sales exported, is trading at $111 per kg on Friday 21st December. Our market cap at 37p is just £414m. A bargain! When you consider the current vanadium supply deficit and the various factors affecting future vanadium demand/supply, the future is looking incredibly good. The world vanadium supply deficit is growing all the time. The FeV price is only going one way over the next two years.....Higher! The perfect storm :)

Well said Pdub.
Unfortunately the trolls aren't interested in the positives. But we long term holders are!

Keep up the great work Fortune :)

Typical of trolls, they can only focus on the negatives - even though there are very few.
They always ignore the positives, of which there are many.

The Company must be doing plenty right, as we are one of the best performing AIM shares in both 2017 and 2018!

Better to ignore. Don't feed the trolls :)

Yes Rob, I was surprised to see it appear so fast!
Its a strange market.

The bid is currently higher than the offer.

Just had another 100,000 for my SIPP.

Coiled spring! :)

Well I've been tempted to buy another 200,000 this morning (in 50k chunks).
All at 37.825p. Bargain!

Buy the dips :)

Gkp47, that's right. All that we know for sure is that YD have sold around 1% over a 12 month period.
The latest sells could be from anyone.

The second large trade from 21st Dec looks more likely to be a buy as that was the buy price at the time, but again only the MMs know for sure.

gkp47, thanks.
So it seems that dilution would have taken YD down from 9.24% to 7.13%.
The selling of a few million has taken this down to 6.06%.

Maybe we will hear something if they go below 6%.
There was no movement in their holding on the last company update.

YTSS, i've no idea what's happening.
I know that I can't buy any shares at 37p.

MM games.

Buy the dips because the coiled spring is ready to explode again! :)

*due to the sale of shares....

gkp47, is this a reduction in % due to the fundraising in March 2018 or due sales of shares by YD?
I'm sorry I don't have the holdings (no of shares) information.

I know that their holding hasn't changed over the last few updates on the BMN website.

Pb940, great thanks :)

Currently.
NT to buy at 37p
Sell at 36.8p

Sorry guys, I forgot....

Don't feed the trolls! :)

HaleSpur, my holding went below 3% on 26th March this year.
TR1 RNS confirmed on 29th March.

I am trying to keep below 3% now :)

Ophidian, I was told by the brokers that I had to declare every 1% movement.

The FeV price is holding up incredibly well in the US - currently $108/$114 per kg.
'American ferrovanadium prices remained stable in a range of 49-52 $/lb V.'

As just over 50% of our sales are made to the USA, this is excellent news!

The December US FeV average is still $115 per kg for the last 4 weeks.
Cash elephant!

Merry Xmas again :)

https://www.vanadiumprice.com/global-vanadium-market-plummeted-amid-active-trader-selling/

Currently 37th in the AIM100 :)

Unless there's lots of delayed sells to come, this mornings fall is way overdone.
Effectively down from 44.25p to 40.65p, yet buys and sells seem about level for the day!

MM games still being played....

Happy Christmas everyone!

Its been a great 2018 and 2019 is going to be even more exciting.
So much to look forward to! :)

Health, wealth and happiness to your all.