Member Info for numpty5

RK. Very difficult to say for this reason. Leasing agreements work on yields. There is no APR as such because it isn't a loan. The payment is largely dependant on the initial cost and the residual value. To the best of my knowledge there has never been a lease setup where the residual value could conceivably be higher than the original cost.
If you think of vehicle leasinv it can be predicted to a large and reasonably accurate degree the depreciation. With electrolyte, who would care to predict the value in 20 years time? Your guess and mine would as good as anybody's I would suggest.
As such, very hard to predict how the model would work.
Of course if I am wrong and we are the funder we can ofcourse set up a deal that suits us for the term and the residual value at the end will be either be a small bonus or a massive bonus. You have to shell out an awful lot of money at the start (not quite the same for us because in our case it would be product notmoney) before you start vetting substantial amounts back.
Hope that makes sense.

Cowboy, you are putting the cart before the horse there. If vsun could get in with us it would be exiting for them. They are years away from pulling an ounce of Vanadium out of the ground.

RK, I'm not sure you are correct in your leasing assumption. I have worked in the leasing industry for many years and with a few blue chip Company exeptions we do do not fund it ourselves and those that both broker and fund are few to none. For the most part we sell the product (in BMN's case electrolyte) to a funder (major banks, leasing financial institutions, etc) who provide the payback terms, and take the risk/reward.
This is not a bad thing because if BMN follow this model we are paid for our product at point of sale and our risk is zero. By funding it ourselves we wait years to cover our outlay and whilst the rewards in the long term are greater, so is the risk. Also, it would add another entire business model to our portfolio with another set of expertise requirements to establish.
They haven't been clear about how the leasing model works but I would be very suprised, and not entirely happy, if we were funding it ourselves.
Just my opinion.

Bassguy. We have certain standards on this board. Your last post didn't start with a capital letter and you spelt the word 'things' 3rd word from the end as 'tings'
Shape up or ship out. Totally unacceptable.

Bmnfan, faramog. Fanx, u wanha lern more you can git my latest book 'Who the f*ck is that frog git Jacks Codrow,' published by bloomguin. Hardback is 20 sovs. You wannit syned 18 sovs.

P.s faramoggy, private massage me and i can sort the muchrooms.

I described to wave querie. Ever since my future wive gives me a wave. I still have it at home in a bucket. As I sees it the uptrain is going down the down line and the down train is cancelked due to the rong tipe of air.
The azimus is peaking in a dysfuncktonale way dew to the thingy been whatnot on the digestive hobnob curve. So wave 4 is about to turn into wave 5. This is vezy impotent because the next stashion in wave 6.
So if we dilute the jewels from the giro eckwasion we get a dole coefficent of foodbank. Quid pro status quo the siegfried line wil fail to suport the washings.
If we factar in the mm's getting coked up next friday afternoon but not goinng to get b*llockesd at a shampoo gig cus the wirld is git a cought thin you stsrt to see a patern which we as seen b4.
If you mauve the integer to the power ov the first number you faught of and divide by your muver-in-laws aige you start to get a feellinnn for foor the future projectsion of the sp movemunt. This is simalar toa bowel migement but more painfully.
Concussion beeing by sum more if you got a brian. Et two bruno.

Merlotheboy. Fair enough you do make a valid point. If Fortune 'got it' I would sh*t myself and maybe Alafa could have chosen his words a bit more carefully. But, let's not fall out and turn on each other. That will serve none of us.
These are difficult times and we need to stand together.
Having said that, nothing changes the reality of Vanadium mining/consumption or VRFB take up.
But it would be beter if we didn't turn on each other. We are better than that on this BB and in this investment.

Apparently not. I thought they had moved off AIM.

Wow. Does that mean what I think it does?

So, another few million posts today that I can't be bothered to read. I have read the BBN ones and Alfa's (you would be a complete mug not to) but beyond that (no disrespect to any of you other excellent posters) I can't be bothered to wade through them all.
A colleague at work who also bought some at 26p and has done absolutely no research whatsoever but knows of my investment (and no, I have never suggested he should, he merely trusts my judgement) said I must be distraught at the SP today.
I replied with words to the effect of the following.
Why? What has changed? We are still mining. We are still making profits. The world still needs Vanadium. The world still needs renewables and energy storage. We are still the ONLY Company with a foot in both camps. I am so distraught that I have bought more shares twice this week.

Not going to bother. Will top up in the morning with every available pound I have though.

Alfa, I don't hold or want a monopoly on humour here. Everybody's welcome to have a go. Yours was not bad the other day in fairness.

BMN have not provided the whole $5M. It is a consortium so our exposure is far less than that I would think.

So it came to pass that a great plague did descend upon the land and there was much gnashing of teeth and wailing of a general nature. It became known as the great big plague. Not to be confused with the massive plague of a few years earlier or the bigger than your average plague of a few years before that or plague Monday before that.
The wise elders did decree that there would be a suspension of stonings and crucifixions would have a crowd of no more than 50, reserved for season ticket holders only. And no women obviously. Even those with fake beards.
Discontent was rife as was raised the price of anti-plague tincture and the market merchants did declare all goods were now worthless.
The multitude of ignorant peasant folk did declare b*gger this for a game of soldiers and rushed to sell their worldly goods and daughters for a pittance of their previous worth.
But forsooth a few were not to be humbled and sought to accumulate these goods and chattels and daughters at chariot storage box prices.
And so, as is always the case, the plague passed and the people were aghast! Why did we give away our goods so cheaply?
The wise made a good profit on the shop soiled daughters and did rejoice at their common sense and patience.
The other mugs did nothing except wait to be done again when the slightly bigger than the one before last plague arrived in another few years.

For what it's worth I have bought from 4.5p all the way up to 28p and all the way back down to Monday when I was chuffed to get more at 15.9p. I have no money in theory to buy any more because I have a policy of keeping a certain amount of money available but I am going to stretch that rule a bit and get a few more at some point this week. Can't say when as it may go lower yet. But any buy below 15p will represent amazing short/medium/long term value in my opinion.

I nabbed £1k at 15.9 earlier.

Just got a grands worth at 15.9

Nickderby, we all row our own boat here but it is still comforting to know you are still here, Zeus like, watching over us. Bit like Corbine used to do.
A mechanic (not your or mine first expectation for words of wisdom) said to me about 5 years ago 'the older you get the more you value time over money.'
This particular mechanic was a very wise man. Big Shaun.
He put a bee in my bonnet and to cut a long story short I left the car motor trade, where I had been a sales or business manager for the previous 20 years to be a telephone salesman in a commercial vehicle broker. No weekends or late nights and about a third of the money I was on before.
Anyway, two years down the line I was sales manager there and the money was okay again. Though having said that I'm not earning much more than I was 20 years ago but then who is? At least I am working half the hours I used to.
So, my point is. Enjoy life my friend. It's later than you think.

It was elementary of course. The fingerprint on the weapon could only have come from the maid on the night of the ball between the time of the fireworks and sir Gladwin Ponsombies heart attack. Therefore the cat could never have knocked over the glass that caused the short in the lamp which lit up the silhouette that the one legged gardener claimed the dyslexic Lithuanian plumber told him he had seen. Ipso facto, in flagrante delicto, mont blanc, mutatis mutandis, jacobs creek, the seemingly innocent sanitary products travelling saleswoman never stole the frying pans from the dead man and clearly the local ****** commited the crime and would undoubtedly, after 24 hours of intense interrogation and sleep deprivation confess and prove me right once again! He will probably confess to the Brighton trunk case murders at that point I shouldn't wonder. Meaning I solved yet another crime that alluded the greatest criminal detectives in, er, well, in Brighton I suppose.
Dr Datsun? I addressed my long time trusted and incredibly dim assistant. What say you that the milkman has come early and our milk and natural yoghurt is, at this very moment, available for our morning repast?
Oh I say Clones. How on earth could you surmise such a thing?
HA. Observe Datsun! The milkman does exit the gate as we converse and there on the step is two pints of red top, yogurts and neither is on top of the gay times which arrives at PRECISELY 7.35 every fourth Tuesday of the month due to Mr Khans nephews OCD. Therefore. Ad absurdam, caveat emptor, do the hokey kokey, delirium tremens. The milkman was unable to tryst with the harlot at 47a Quaker street on account of her Berts lumbago keeping him home? So, do you see Datsun? Is it not obvious? He delivered our provisions early because he could not get his leg over! Sub rosa, Chateau pape de neuf.
Brilliant Clones! I don't know how you do it!
Of course you don't Dr Datsun. You are most complimentary and coming from a member of the gentry who is au faux with the cognoscenti nothing can prevent me from agreeing that you don't misrepresent me. But it is all elementary.
If I may say so though Scones. There is one thing I don't understand? Only the one Datsun?
Yes. You haven't said anything about how half a percent of Vanadium added to steel makes it thirty times stronger and more flexible to help buildings survive earthquakes? Not a word about how Vanadium Redox Flow Batteries are going to contribute to making renewable energy work when the sun doesn't shine or the wind doesn't blow and how Bushveld Minerals are uniquely positioned to benefit from all aspects of Vanadium mining, VRFB production. How they are the ONLY Company on the planet positioned to do this and will, in all probability, dominate ths biggest growth industry of the next decade at least? Isn't that what these drunken ramblings are actually supposed to be about?
Non compos mentis. F*ck off Datsun. Nobody likes you.

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