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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?
Thank you Ben you are are right I misread the sentence which is why i asked what was meant. I would question my english language skills though.
Thank you Alpha appreciate the link ill read into this!
the market hasnt got BMN.. a market by definition is an area or arena in which deals are transacted again im trying to understand the comment in which it was presented. would you care to explain please or further explain my following point
Sorry James i don't get your last comment? are you saying BMN isnt in a market?
Im not trying to pretending im an equities wizard im trying to point out that passive aggressive comments aren't helpful to people generally interested in talking to like minded individuals on investments. I have no interest in having who's the better investor arguments with people, its not productive and gets people no where
Im sorry I have to stick up for PJ here, he is just asking why markets have reacted to this news as they have done. relating to the speculative market manipulation isn't a helpful overall picture for people looking to invest as the proposal is that the equity market is rigged and why are we investing if that's the overall consensus we are essentially saying its like playing blackjack against a dealer so why invest?.. I am an investor in BMN FYI. PJ there could be a few reasons why this has dropped. they mention a care and maintenance shutdown of Vanchem which can cause delays and backlog and mention operational output weighted to H2 due to this meaning future shutdowns can impact production targets. Then you have the market growth expectations possibly the 24% increase isn't inline with expectations, who knows? I feel in this environment its good results but obviously the market disagrees somewhere.
Thank you James, hopefully 2021 is a year of celebration!
Picked up 10.5k shares at 19.7P, looks like a good company with produce to production throughput all along the business.
Some global Macro drivers to look for and some good news looking to come, still have to be wary around how markets are going to react while still in covid and conscious about another slow down but even with that risk it looks promising
Would like to give that joke due credit, made my morning Thank you!
its very weird how the SP isn't responding to vanadium price sensitively, youd think they would be more so.
Depends in what you believe the potential VRFB market could be and vanadium demand to supply. I have looked at forecasts expecting a 50% YoY conservative VRFB market forecast into 2030 and vanadium supply deficits from 2022 onwards. But all that aside its down to do you think they will meet there medium term output target of 8400Mtv, if you do then the share price isn't reflective of this and there is big value. Still is without risks but if the above is yes then sub 30 is still a good price
Theres a 5.7% leap in vanadium prices in Europe on the 6th from the last price review on the 23/12. it usually rises first half of the year but hopefully its a continued pricing trend. Sitting on the sidelines until i get paid (was meant to go in start of Dec but had some money surprises), wish you all luck but hope i dont miss this boat.
I think the main reason for the subdued reaction is down to the own company announcement advising that the diamond tender wouldn't make a material impact and then we have the imminent share dilution. Hopefully once that is tied up and diamonds prices recover we all might have something to celebrate. I will also leave this hear from an opportunistic but uncertain read https://www.thediamondloupe.com/mining-and-exploration/2020-11-23/zimnisky-pandemic-could-be-catharsis-diamond