RE: Vametco Expansion and its Effect on Costs15 Apr 2021 16:16
BBN a brilliant set of posts and such detailed analysis. Thank you.
Only one point do I disagree with!
“In late 2015, if someone had told BMN shareholders that within 5 years they would ;
1. Own not only Vametco but also Vanchem,
2. Hold Mining Right at Mokopone
3. Not only own stakes in not one but two expanding VRFB companies but also have a guaranteed V supply into them,
they would likely have been laughed off the BB.”
Well not by me!
I have spent more than seven years trying to convince people just how talented Fortune Mojapelo is and that he would deliver good returns for those with the patience. He is the reason why I have remained invested for so long. During 2015 and 2016 I was even subjected to abuse and ridicule by some for holding such an opinion. That was just before the period when the sp went from 1.5p to nearly 50p!
Fortunately water off a duck’s back as far as I am concerned and nothing he has achieved or will deliver in the future surprises me. Mind you even I was astonished by the quality of the deals to acquire Vanchem and Vametco.
The current sp fiasco is frustrating and no it is not all down to PR, though a better informed market may well make more sensible investment decisions as far as BMN is concerned. BBN your posts have drawn a very clear road map for BMN shareholders. The detail will no doubt evolve and change but the general direction is very positive.
I just hope I am still around to enjoy the benefit. I guess if anyone has a right to be impatient and want things to happen quicker than they are then that would be me, so if I can remain positive surely others can do the same.
Just my opinion.
Regards. Pdub.