We would love to hear your thoughts about our site and services, please take our survey here.
Interesting post prussell1963. Is BMN going to the dogs? I don't think so, but it can't seem to catch a break at the moment - that's for certain! You mentioned the rising V prices, well; they're not rising any more, they are falling which is why you're not hearing about it on here at 5am anymore.
Buying a dip doesn't work if the SP never comes back - but this will - anyone here honestly think BMN will never be 20p again? Will it ever be 48p again though?
I've stopped buying personally, holding at the minute having accepted that I've overexposed myself to this one, slightly lost faith in the management mainly regarding their future guidance errors. May as well just throw darts at numbers on a wall.
The resource base is awesome though and we're undervalued just for that alone so hopefully the future's still bright.
If it needs doing, then just do it. They can be spread around the P.I base.
BMN could/should promise the market they'll do a buyback when they're making X profit.
F*^* the ii's, we only get cr ap consortiums of d1cks anyway.
Solid in China but starting to trend down in Europe/US.
http://www.asianmetal.com/VanadiumPrice/Vanadium.html
It will turn soon. Anyone who has chosen to trade their position after the last announcement will be waiting to buy back in. The share price literally only goes down at the moment, so people can only trade it once successfully. If history is any indicator; we will have a day soon where it goes up 15 or 20% in one go.
Fosters; I suspect you will see lower.
One piece of decent news will turn the tide though, let's hope things pick up in H2.
As someone who first invested in 2017, this is actually my lowest point mentally in this investment, I don't really trust any of their timelines at the minute.
I'm still holding though and remain a believer in a good future here.
... In my opinion, was HarChris at 1606 - not one single recommend:
"The problem you've got the downgrading in Vametco 2021 production, followed by a sentence highlighting the increased Vametco cost, followed by Vanchem's lower production forecast, followed by its increased costs...
Then immediately after you have the forecasting of 5,000 mtVp.a. and 5,400 mtVp.a by the end of 2022. Well it's going to have to be seen to believed now..."
Spot on Sir. The production guidance - in my eyes - means absolutely nothing for the time being.
I'm really disappointed with today, unlike others I'm not sold on the Vanadium price predictions; in a few months it could still be 40 odd, or 30 odd or anywhere far north of either. With these high production costs, BMN can swing from profit to breakeven or loss extremely quickly.
H2 will be better no doubt but today will sting for a while. The BOD need to do the d@mn basics better, shareholders deserve it.
No positives in that for me today; we are now - more than ever - relying on the Vanadium price short term and success of BE long term, neither of which are guaranteed.
Back in the bottom drawer for this one again and hoping I haven't backed the wrong horse.
They'll be back mate.
Probably a fantastic time to buy shares in this thing? :/
Fast forward a year and things could look very different.
Nearer term - could be an interesting week!
As my mum said in the August of my GCSE year: Let's get these ugly results out the way and move on
Very true re: dividends, and for those in early the yield could be more joyous than the crack of leather upon willow in May, after a cold winter.
HarChris, possibly; but even the experts are inaccurate with their predictions, just ask Terry Butcher, Waite or even Pearles. Whoever, any Terry, none of them know.
We'll do what we do, and I believe we'll do it best; owning the supply chain... Like Amazon (before they destroy the stock). Ba ha.
Bring on the results, get that in the rear view then onward and upward. Jumpers for goalposts etc..
Picked up another 10000 odd just now, I'll be doing the same again asap but waiting for results in case they cause a dip. Irrelevant really as I'm happy buying at any price under 250M MC with the V price where it is now.
Human nature I suppose.
Good day all.
http://www.asianmetal.com/VanadiumPrice/Vanadium.html
More green triangles than a box of Quality Street