Member Info for Nickderby

Managed to get 100,000 shares on the bell at 27p.
Didn't expect to be able to do that :)

An exciting day ahead.
I even set my alarm early! :)

Don't get robbed by any MM's tricks.

Endion, agreed.
Mokopane could produce 10,000 tonnes pa, maybe 50,000 tonnes pa if required! :)

YTSS, yes I was referring to BMN being taken over. World vanadium shortage. Largest vanadium resource. Highest grades. 3 Vanadium resources. Electrolyte production coming. Bushveld Energy. Especially tempting for the Chinese and the Americans. Obviously growing the share price to £2 and then getting an offer would be preferable, but if the price is right.... Anyone would certainly need to make a very high offer to get PI’s, who own a vast proportion of the company, to sell their shares :)

Hahaha Knuttie. Two accountants with the same answer :)

Imo, there are no better companies on AIM.
Great assets, high cash generation and incredible growth prospects.
What more do I need?

It would have to be more BMN shares for me! :)

When you consider that FeV prices are already in excess of $100 per kg, who knows what they could achieve in 2019. The supply deficit won’t be going anywhere for many years. Demand is increasing and no new supply is coming on line. My new favourite word is ‘frenzy’ to describe the current state of the vanadium market - ‘a state or period of uncontrolled excitement or wild behaviour.’ The frenzy in the FeV market is having an incredible affect on profits. FeV is again expected to fly this week. Imagine FeV prices of $125 per kg for 2019 - which could prove to be conservative. Even if we use increased costs of say $35 per kg and production of 3,750 pa, our share of post tax profits becomes a crazy £140m! A PE of 15 gives a share price of £1.89. A PE of 25 gives a share price of £3.16. That’s just for Vametco on 3,750 tonnes of production. There’s so much more to come after that! Our future is looking quite incredible. So exciting! :)

I believe it is based on closing prices.

Agreed Alfa. I would expect the Corbine Cup to be settled tomorrow :)

30,000 ‘Fill or kill’ trades will force the MMs to keep putting the share price up! :)

I’m expecting a real scramble to buy. MMs continuously running out of shares. Typical MMs tactics.

I’m going for manic! :)

Very much looking forward to Monday morning! :)

Don’t forget the H1 figures won’t contain any great surprises. The Q2 results have already told us the H1 Ebitda figures. What is important now is Q3, but especially Q4. Q3 has been impacted by the industrial action, but will still be good due to the increasing FeV price. Q4 will be astronomical! 2019 figures will be absolutely incredible! It’s not all about the quarterlies though, it’s the upcoming news that will move the share price into orbit. We have a very exciting last few months of 2018 coming up. So much news to come! Soaring vanadium prices caused by the structural supply deficit. Any phase 3 production upgrades carried out during the industrial action? Mokopane mining licence. Mokopane news of early revenue generation. Brits vanadium drilling news, very high grades expected, thereby reducing Vametco production costs even further. Brits vanadium JORC. Vametco drilling results. Bushveld Energy business model cash flow capabilities and valuation details. Bushveld Energy contracts. Eskom VRFB news. Electrolyte production news. Brownfield acquisition (Vanchem?) to increase our production capacity further. Imaloto coal BFS. Imaloto coal platform sale/spin off. Afritin production commencing Q4. Dividend policy information - H2. Johannesburg listing. Possible takeover news?? Etc! DYOR of course :)

Barchart now showing us as a 64% buy. I think after Monday’s rise we will be hitting new highs and presumably back to 100% buy. Fundamentals, fundamentals, fundamentals. They are incredibly good right now! :) https://www.barchart.com/stocks/quotes/BMN.LS/opinion

Seaside, it does appear a serious threat, although at £2 I suspect most shareholders would be reasonably happy. It would be easy to argue that £2 is insufficient though when you consider what is coming up! :)

Happy midday everyone! :)

Alfa is closing in fast though.
Alfa, Alfa, Alfa! :)

In any case, the market certainly didn’t expect the Sojitz deal to be at such a great price. Fortune pulled off an incredible deal! :)

Knuttie, it may have been rumoured, but not many people actually believed it. We’ll have to disagree on that one, imo there’s no way it was already in the price.