Member Info for numpty5

You haven't been paying attention have you. If Vanadium prices go through the roof and inhibit VRFB take up er.... we mine vanadium. We make a massive profit either way. School report - must try harder.

Knuttie, when you put it like that in the cold light of day. Considering I too have pretty much my whole life savings here, I have to say:- Soldier on my friend.

It is terrible shame LSE lost those years of posting history. I would love to go back and see what we were thinking before most of had only seen the word 'Vanadium' on a spanner.

Ophidian - It wasn't aimed at you or any other individual I can assure you. I completely take your point and of course I remember all the attacks and nonsense we have defended (incuding by myself at times) and put up with over the last 6 years. It is totally right to straighten out lies, false facts and even those subtle (and sometimes not so subtle) inferences. I appreciate the work you and others do in our defence and nobody should take my comments personally or think I was having a go at anybody in particular because I wasn't. I do stand by my original point that some new posters can face an immediate barrage of abuse though. Judging by the recommends I would say I'm not the only one who thinks I have a point. Judging your post by the same criteria there are clearly people who don't. It was probably a bit of a Friday 2 bottles of wine comment but anyway, we aren't going to fall out over it I'm sure.

I would like to think my BMN credentials are beyond dispute by all LTh's given my time here and solid support over the years. But, even I think some are way too quick to jump down new posters throats and label them trolls. We have universally tried to promote this share and repelled many genuine trolls over the years for very good reasons. However, somebody becomes aware of this share and comes on here and asks a stupid question out of a desire to learn that can be construed as negative can we not at least give them a chance to show their true colours? After all, we do want to welcome them and their friends in do we not? I can't help but feel that this board has become way too defensive. I would point to the many previous LTH's who used to post that don't anymore. This used to be a forum for knowledge, research and informed opinion. Which was good. It's a bit like an ' only our opinion is valid ' forumthese days. No disrespect intended to anybody but it is how I see it.

pb90 - You forgot the lashings of ginger beer.

Interesting article Alpha. To be honest though, it was all Chinese to me.

Great news pdub. Very pleased for you.

Witb respect colt, I just don't see that. The whole point of the JSE listing was to give South African investors a platform for investment into a home grown Company that they understood and could see from up close. I have no doubt that big South African corporate investors had the wherewithal to invest in an English stock market but not the little man. I think Fortune wants to give all a chance to share in the inevitable share increase in BMN. Also, why would any savvy investors with the ability and wherewithal to invest in a junior wild west market in the UK divest themselves upon listing? That doesn't make any sense. If they were smart enough to invest in the 2p days then for sure they will be smart enough to hold for the £20 days.

I have no idea of the regulatory requirements and due Diligence or other hoops you have to jump through to list on the biggest stock exchange in the continent of Africa but I'm guessing it's a complex and complicated matter. They said they would do it in Q3 and haven't contradicted that so I would say as things stand it will get done in Q3. This BOD very rarely don't meet their intended targets and usually surpass them. Be patient, it will happen followed I think by the Mokopane licence shortly after (when the Africans have had a time to invest) only my opinion.

There are 92 days in Q3. We are on day 18.

Slight downgrade in Brits resources. Nothing major.

I really should go to bed but anyway, this has been on my mind for a while and there are much better analysis on here than me so let me propose a scenario which the bod are more than capable of figuring out and get some opinion please.

Share buy backs generally reduce the amount of shares in circulation and therefore increase the worth of the existing shares. But, and I don't know if this is true, you can hold those shares and not reduce the amount in total if you want. (Correct me if I am wrong) So maybe they could buy on the open market and exert upward pressure on the SP. Then, when they list on the JSE they could privately sell them to an ii not exerting any downward pressure on the SP.

Discuss.

RK, I'm convinced the Mokopane license is sat in Ramaphosa' drawer wating for the JSE listing so SA investors can get a piece of BMN before it's announced. Not for one second suggesting collusion between company and government but it would be a happy coincidence that suits everybody.

Dub and sup, thank you for that. It's unusual for my posts not to disappear into the ether so you have inspired me to add an addendum. We have a LOT of iron and quite few other minerals. We have a circa 10% stake in Afritin. A producing tin miner very soon. We have Lemur. A massive coal mine in Madagascar with plans to bring power (with our own power station and a 30 year off take agreement with the government to supply electricity to to a part of the island that has never had electricity) wholly owned by us (ie you) and not dependent on the tiny main grid that exists there. We will almost certainly either sell it or do what we did with Afritin (ATM) spin it into a separate company and give existing share holders free shares. ( I hold about 9,000 free shares in ATM which is a very good investment in its own right) either way it will benefit the company and its share holders. Electrolyte factory X 2. Vanchem acquisition by no later than end of October. NO DEBT. NO OUTSTANDING WARRANTS. There's more but I've got to go to bed. If Carlsberg did investments ..............

I think most of us will be grateful for all this SP nonsense in the long term. I am to be honest. Because having first bought in October 2013 at 4.5p and all the way up to 28p (average 13.6) I didn't think I had a chance of buying lower. I have been 'all in' about 10 times and never saw a return from the 40's to the 30's on the cards, never mind low 20's. Another 1,982 and I hit a magical (for me) 200,000 shares. All in an ISA. Small beer to many on here and large beer to others I suppose. But way more than I ever thought I'd accumulate.

I'm 58 and I am never going to starve but this share will decide how and when I retire and the life I will live when I do. Knowing what I do about this Company and its prospects (virtually everything, I have been here a long time) had I not found it until 49p and invested I would be just as relaxed as I am currently. I do feel for anyone underwater but look at the big picture and trust your own judgment. I can't see any way it can fail to be the investment of a lifetime at anything under multiples of what it is now.

Opinion only.

Naturally it's showing as a sell.

Another 8238 in the pot. Can't believe my luck these prices.

Lemur progress
Brits
Afritin becoming a producer
Eskom battery test results and tenders

I am so dumb. Now I get it. (And have nicely illustrated it to every body else)