George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
A vessel which was due to deliver to Baltimore on 25th of February bypassed the port and trans shipped at least 6 containers to another vessel in the Bahamas this one offloaded yesterday. An unexpected $2 million estimated value. I am just awaiting more accurate details to fully update the spreadsheet. GLA Pal
The next delivery of Nitrovan to Baltimore will reflect the increasing V price. Currently there are 5 ship visits scheduled for March from Durban so quite possible that we will see some deliveries for us at between $27 USD/Kg and $34 USD/Kg.
Our time is coming, GLA Pal.
https://www.londonstockexchange.com/news-article/BMN/director-pdmr-shareholding/14870913
@all the new, never invested before members:
At rather predictable periods in this share's lifecycle There appears New members or those who have had accounts for years and have never posted.
Often these people begin with no knowledge of trading or of the Company and within a few posts are spouting high end financial formulae or detailed precis of the transformation of Vanadium to Electrolyte.
These contributors, who I would take great pleasure in adding chilli powder to their Preparation H pick on a well known character or two and gainsay anything that is posted.
Inevitably after being shocked at their initial reception they revert to disgusting and insulting posts until they are banned.
If you are genuine investors then welcome to you.
If you stay around you will see the pattern.
GL Pal.
Guys, just to put some perspective into the shipping conversation.
The average passage time for Durban /Baltimore is 28 days
The average passage time for Durban/Shanghai or Durban/Qingdao is 28 to 31 days
So not a great difference to be fair. JIT delivery is a very simple process though subject to supply of course. Rgds Pal
Well the final US delivery of the year has now been declared and with the inclusion of imports from Vanchem for 2020 we have delivered only 2000Kg less than 2019 despite the Covid disruption.
Income from these exports are of course lower than 2019 but all bodes well for 2021 with the expected increases in V price and increased deliveries to China.
Good luck to all for the upcoming year.
Pal
It has been a busy day, both for myself and the board, just catching up and was impressed with fatbanker's post of 15.02. It seems to be a long way back now but worth repeating I think.
this is a quality investment. dont fret over fractions of a penny up or down. The company are delivering, the market forces for vanadium are improving. A lot of traders came in for a quick punt in the 11 12 13 range and some will dip out at 14 15 16, thats the way it will be. In good time this share will make buys now look very astute, particularly when the good news RNS's start to filter out. gla
Thanks FB.
@Lloyd: One of the Covid side stories which many have overlooked is the shipping of our product. The Ports have been a huge bottleneck delaying many vessels by up to three weeks. I am sure that some of the forensic accountant posters will be able to bend this to their advantage in due course. The truth of course is that production is rising, orders appear to be on Par for the USA and as advised up 30% to China. All that has happened is that deliveries have been shuffled along the calendar and if payment is made on delivery the finances will also be. In my opinion we are beginning to shine but please have a look at all aspects of the Company and make your own mind up. GL Pal