Member Info for Nigelbonger

Was reading this article below.
https://www.vanadiumprice.com/soaring-china-rebar-strengthens-turkish-export-position/
Looks like chinese rebar bottomed out around the time Chinese vanaduim prices stagnated and Europe retraced slighty. Apparent Rebar pricing has strengthened dramatically again in China and this is supporting other exporters so hopefully another rise in Vanadium again. Thought i should of topped up and not bought something else... oops :)

Was reading this article below.
https://www.vanadiumprice.com/soaring-china-rebar-strengthens-turkish-export-position/
Looks like chinese rebar bottomed out around the time Chinese vanaduim prices stagnated and Europe retraced slighty. Apparent Rebar pricing has strengthened dramatically again in China and this is supporting other exporters so hopefully another rise in Vanadium again. Thought i should of topped up and not bought something else... oops :)

I took a chunk having done my research on the technology. Looks really promising, one of the big issues about conventional solar is the cost per watt to produce power driven by huge installation and product costs. Hopefully this drives down both with less material usage, logistical costs and easy & fast installation. with more ways to use this Technology.
I cannot find the solar to electricity conversion efficiency though which would be very helpful to mark against their competitions standard panels. Well aware of the risks on this one but if they effectively bring this to market the upside is huge!

unforeseen*

Thanks for the V prices, was hoping for supply war with china and Europe but looks like I was too optimistic. As long as prices remain over $31/kg im happy, all foreseen events should be well absorbed post that price. Maybe the stagnating in Europe is driven by this Delta variant? hoping its a short term impact like forecasted in the UK.

I feel they missed an opportunity here to highlight the current vanadium price compared to cost of sales/KG. clearly its significant margins on this, yet they sort of dodge around this. There are some good things in the RNS though, good renegotiated debt covenants, decrease in capital cost, and good liquidity facilities.

strange that Europe and Americas decreased while china increased, just means more supply will turn to china just like what bushveld is doing so eventually they will have to meet that price right?

I know the initial article is for a lithium-ion battery facility coming on line but mentions about VRFB's being longer life and more scalable, plus mention of infinity energy system project coming online this year as well. Will leave the link below if anyone is interested.
https://www.vanadiumprice.com/uks-first-grid-scale-battery-storage-system-comes-online-in-oxford/

Well played! wasn't aware of the share of sales also which is both helpful and interesting, thanks for sharing

cant ignore this challenge on market leading Fev price between China and Europe. Looks like China take the crown today.... Exciting stuff

Thank you, I apologise for missing that response.

Any idea when the next results/update is due? I am trying to decide about liquidating another holding and topping up further. if its not for a while I can wait.

commented on Wednesday/Thursday about the price being higher in Europe and China at around 40.75 to 40.50. It appears Europe is now 42.75 to Chinas 42 $/KG. looks like the price is accelerating, and looks like there is increased pricing pressure on China. Hoping it is how it appears and its looking to be a start of a large vanadium pricing increase. i bought this at 16.5p when the vanaduim price was 22.8 by the way ;), so ill keep taking more nibbles at under 16....

Meanwhile buying small tranches at a suppressed price while you still can is always the positive :)

I also noticed European vanadium pricing has edged above China now $40.75/kg to $40.70/KG (not sure when that happened). Am I right in believing Europe's demand is higher than supply due to a focus on China sales due to the initial price inflation there, potentially meaning more pressure on china Vanadium pricing? probably wrong of course

Does anyone know when the next trading/results update will be? I cannot for the life of me find anything scheduled, would be interesting to hear from them the benefit or expectation from the $40/kg vanadium price.

I initially bought my first tranche at 58p. I had been weighting down ever since, I can admit I was very naïve with investing and now have learnt my lesson. Luckily I have managed to weight this down to 8p a share and as long as they can survive from succeeding in cutting costs and providing the global economic picture remains rebounding I have faith I will at the very least get my money back and a strong possibility to even close in the green. Wishing everyone well on investing here and hoping this great company is the successful turnaround story I initially bought in for!

Do we know when results are? it would be good to see the net cash, Debt and liquidity position. Would be good to know what sort of war chest they have to tackle this challenging point and they appear very lacks on getting this information out.

That is good news - have you got any speculation on my question early today. im very new to BMN and Vanadium pricing and would be good to understand what other drivers there are if any.(Question below)
"Vanadium pricing as its a rare earth metal. should the price inflate due to excess liquidity in markets and continuous monetary stimulus or is it something that would be less effected by this and controlled wholly by good old supply and demand?
Some Opinions I have read are this over supply of liquidity to markets could take up to 10 years to run down? any thoughts on this?"

They are Ben, that last comment was a dig at myself to deescalate

Vanadium pricing as its a rare earth metal. should the price inflate due to excess liquidity in markets and continuous monetary stimulus or is it something that would be less effected by this and controlled wholly by good old supply and demand?
Some Opinions I have read are this over supply of liquidity to markets could take up to 10 years to run down? any thoughts on this?