Alchemyex I think you will like what you see, but of course than is for you to decide, not me.
I would like to point out that there are very few if any 'desperate shareholders' in BMN. The share price has disappointed over the last couple of months due to a number of temporary factors, one or more institutional sellers taking their profit and some shorting activity. However most who contribute to this bb are very well informed about the BMN story and the company's future plans.
I would replace the word 'desperate' with 'excited', and they have good reason to be excited, as I hope you will soon realise.
Good luck with your research.
Just my opinion.
Some FACTS about BMN.
From the 2018 Final Results:
Revenue $192 million
Ebitda $101 million
Cash in bank $42 million
M/C £269 million
Vametco production cost less than $19 kgV
2019 progress so far:
March production (latest figures) 270 mtV = increased production
Concluding purchase of Vanchem (will add almost 1,000 mtV to production)
Progressing construction of electrolyte plant (new revenue source)
Ongoing work with Eskom with VRFB
Develop microgrid and VRFB storage at Vametco
Announced Electrolyte leasing model
Announced dividend policy
Published Brits maiden resource
Progressing towards JSE listing
Awaiting mining licence for world class Mokopane Vanadium resource.
Expected recovery in Vanadium price.
Remainder of 2019 and 2020 looking very exciting.
Just my opinion.
Let's hope that next time you post Alchemyex you will have done at least some basic research on this company. Then you may be in a position to make intelligent conclusions rather than another rather shallow and completely pointless comment.
Just to help you, go to this website where you will find a great deal of information that will help you to understand why sentiment is so positive about BMN.
KenniGT if anyone is in any doubt about your motive for constantly decamping this share then here it is in your own words:
" will not invest in this circus above 1p."
Just looking for a cheaper entry. What a surprise.
I guess you just don't care how much you can damage sentiment here as long as you can make a bob or two. Problem with that pal is that your constant negativity may damage my investment even more. Take your loss like an adult and jog on.
I don't agree that that H1 2019 was not exciting! Sure the sp has been disappointing in this period, but those with a genuine long term perspective surely cannot fail to be excited by the H1 announcements:
Production at Vametco up in March (270 mtV)
Final Results confirming no debt and £42 million in cash
Brits drilling results
New General Manager at Vametco
Vanchem acquisition announced
Vametco mineral resource and ore reserve update
Electrolyte rental model announced
Brits Vanadium Maiden Mineral Resource
Each of these is another step along the path, laying the foundations for what is to come. I believe we will see the fruits of these developments and others not mentioned in the coming 6 to 18 months. Patience is the key.
LTHs have been here before. Quiet periods for the share price, followed by significant and sustained sp rises. In my opinion only a matter of time before the sp responds to the unfolding news stories from BMN.
Just my opinion.
Not sure how important this is but whilst some forms of vanadium are down today, last 30 and 60 days, vanadium nitride (essentially what Vametco produces) is up today, last 30 and 60 days.
Complete speculation on my part but are consumers looking for the better quality product)?
Robmac I think it is most likely a fault with the system. Colours to trades are assigned by computer:
Blue for price above midpoint
Black for trade at the midpoint
Red for trade below midpoint
This crazy system does not properly indicate buy or sell.
However a study of the trades in black listed as unknown quickly shiws that most of those trades are not at the midpoint. Therefore I conclude there is a fault with LSE system.
Get that chip off your shoulder kenniGT.
On the one hand you claim to be protecting people (rubbish!!!). Then you congratulate a trader for making profit.
Go post on a bb where you are invested and stop pretending to be the messiah.
kenniGT I would be quite happy if you just moved on. You are out. Fine. Recoup your money elsewhere.
I, like many other LTHs, still hold and have large paper losses. I am getting increasingly irritated by your'crybaby' attitude which appears to be intent on damaging any sentiment here and potentially causing a price drop. Try to act with some integrity and consider the interests of those still invested.
So you lost money in an AIM oil investment. It's your responsibility. Like many of us you misjudged the skill and perhaps the integrity of the former management team. And like many of us you hoped the oil would flow and make you a fast buck. Thus far the oil hasn't flowed. Your gamble failed. Take it on the chin and move on.
jogi I agree with you. The energy storage market will be vast and there are likely to be numerous technologies involved. VRFBs appear to be very much one of the front runners to grab a large part if that market.
Those worrying about binary issues (lithium v VRFBs, or worrying that VRFBs may be surpassed by something) are not fully grasping the size of this new industrial revolution and that multiple solutions will be employed. Some of those technologies will be niche markets. Eg VRFBs ideal for grid scale.
I live with a sense of excitement about the future of BMN and the opportunities that the company is actively embracing. Commiserations to those who exist in a world of fear!
Just my opinion.
gkb47 the 'sigh' comment used by Alan on ANGS bb is an extraordinarily rude and condescending response. Take the advice from a 'simple lth' and drop it . It's not even your idea! And nothing I have posted this morning warranted that response from you. I don't expect that kind of rudeness from you again.
All my responses have been to your own words. However I am glad that you have clarified that you are not trading.
gkb47 thanks for the investment advice. I note you are trading and will take that into account when reading your future posts. I am not. Just a simple lth with hardly a brain cell worth talking of.
Mind you I am around 1100% up so not too shabby.