Member Info for Pdub

Absolutely correct knuttie. Patience is the key.

Remember the frustrating time in 2015 / 2016? Declining sp down to 1.3p ish. Then Spring 2017 and BOOM .... 8p +.

In my opinion just a matter of time. Building blocks all being carefully positioned and 2020 looking like the year that this begins to drive this sp to the next level. Too much going on for the market to ignore for much longer. Possible catalysts for action?

BE contracts
Electrolyte production
Rising V price
New VIP announcements
Mokopane offtakes
Q1 results (should be much better)
Continued higher production
Continued cost efficiencies
Sale of Lemur
JSE listing
Dividend(?)
Etc etc

I believe it will be a combination of some of these that will drive the sp and some are already happening (rising V price) or being worked on (BE contracts?)

Just my opinion but how can anyone with a true understanding of what BMN are working towards be anything but very excited?

Just my humble opinion!

Regards Pdub

... particularly in Europe and USA (2.73% and 2.75%). Looks like revenue and profit for BMN increasing rapidly.

http://www.asianmetal.com/VanadiumPrice/Vanadium.html

Not my style to spend my time trying to second guess short term share price movements on AIM. Much rather focus on the progress made by the company and its future potential in 2020. Two words:

AMAZING
EXCITNG

Regards. Pdub.

Great news Derek.

Regards. Paul.

Agreed RK.

Nicely put JMC.

I have been saying this for years now but I firmly believe that we have an absolute gem of a CEO in Fortune Mojapelo. I haven't come across too many like that on AIM. MN looking rather good at his job too.

Just my opinion.

Watched the panel discussion yesterday and felt that Fortune was the only one showing a positive attitude about SA. Perhaps he has good reason.

Good luck Getbusy. Hope all goes well for you, but whatever the news try to stay positive. It really does help.

Kind regards. Paul.

Yep. Good to see Wiltshire leading the way!

Loudspeaker the value of that stock if any was intended for Europe went up from around $22 kgV to around $30 kgV over the last month. A rise of 36% ! Most recent production costs in $15 to $16 kgV range gives too shabby an increase in potential profit !

Stockpiling looking like a great move, whether by design or circumstance.

Just my opinion.

Thanks for confirming, ninjamagic.

Vauch if obsessing over the short term share price creates such negativity in you why don't you try a different approach. I focus entirely on the Company's progress, and I can assure you that 2019 put a smile on my face. The prospects for 2020 are generating a great big grin. As in 2017 and 2018 I firmly believe that the sp will catch up.

I repeat .... 2020 IS LOOKING VERY EXCITING.

And of course that is just my opinion.

Vanadium price rise now very well established. Hope it continues.

Unless I'm mistaken didn't FM / MN case their future planning on a V price of $40 + per kgV? If so then plenty of room for further price rises (and therefore revenue, cash and profit) without damaging VRFB growth.

How many times do I have to keep saying it ... no, shouting it ... before you folks on the sidelines believe it. 2020 IS LOOKING VERY EXCITING for BMN and its shareholders.

Just my opinion of course.

No problem JD. Somewhat ironic though as I have been an alcohol free zone since taking on the cancer challenge. Lol.

Oh and I do agree with your comment!

Regards. Pdub.

Rise in V prices looking very solid. This equates to rising BMN profit and more cash to grow the company. Good news all round. Surely even the most miserably negative types must be starting to smile.

Just my opinion.

Just to add a little more detail Daisydog this extract from Q2 Operational Update in July 2019 clearly explains the situation with regard to timing of JSE Listing, and therefore there should be no complaints from pi's. The Vanchem purchase changed the context of the application and therefore timing. All clearly signalled in advance!

"Johannesburg Stock Exchange Listing
The application for the listing of the Company's shares on the Johannesburg Stock Exchange ("JSE") will now occur in calendar year 2020. The revised timing is due to the completion of the Vanchem acquisition now being scheduled to occur on 31 October 2019."

Hope that helps to reassure you.

Regards. Pdub.

Daisydog your question assumes that it has "taken so long". In the 11.11.19 interview FM stated that they are working towards listing on JSE in 2020.

""The second element with regards to the shares is because of the potential shorting some people are suggesting that your story is big enough and is well understood to maybe consider going on to the FTSE and / or the JSE. Are those considerations for you at the moment?"
FM "We have said that we are working towards a JSE listing in 2020. It is work that is continuing. I think that when you consider an upgrade from AIM to say the main board in London it's something that as a company we will always consider and the benefits that come with that I think are there, particularly if you can do that and be in a position where you start to attract Index Tracking Funds we think that would bring quite a lot of liquidity to the stock and bring a lot of institutional shareholders to the stock. But again you know you don't want to do it for the sake of doing it. You've got to pick the timing correctly and at the moment our focus and our efforts have been on the JSE listing and on making sure that we are attract institutional shareholders to our register which still carries quite a substantial retail shareholder tail. By the we are very appreciative of our retail shareholders because they have been very faithful with the company and have backed the company from the days when it was a one penny stock, and I think we want to make sure that we get more balance within the register, so a lot of our efforts are towards that."

Nice one BB. Your family benefitting from investing in BMN is surely as good as it gets. I hope there is so much more to come for all of you.

Regards. Pdub.

I would like to state that I don't have the same number of shares as when the sp approached 50p.
I have more!
My four trades in 2019 were all buys. I didn't anticipate the fall in sp but with my expectection of excellent future returns it made complete sense to add to my holding. The company made great progress in 2019 and 2020 looks very exciting.

I gather from the responses that at least one of the moaners has been active this evening. You have to love the filter button.

ma5k. What drivel. One more 'expert' predicting stupidly low sp.

I see nothing but an exciting 2020 with increased efficiency at plant and possible diversification of product, possible contracts with BE, maybe developments at Mokopane (eg offtakes) and a strengthening V price.

In my opinion this translates into rising share price. JSE Listing to look forward to as well.

2020 looking very exciting

Just my opinion

Good grief Berserker is there no limit to your judgemental arrogance? Talk about misleading attempts to gain the moral high ground.

I have managed to resist responding to the rubbish you have written over the last few days but enough is enough. Once again you insult the majority of ordinary shareholders posting and accuse them of some agenda or other. The "bunch of cr**" written about you is entirely brought on by your own patronising and antagonistic style and frankly is well deserved. You offer nothing constructive yet stand in judgement over everyone else.

I must correct one of your earlier misleading statements. The positives are not known by some new investors checking out BMN. You may know them (though your posts rarely have that positive balance) but many visit bb''s like this as part of their research and messages thanking contributors for their information and guidance are quite common here. You are no more important than anyone else contributing here, so whilst I fully acknowledge that you are entitled to express these opinions I choose to ignore them. I will continue to express and justify my strongly positive views about BMN and if that is too much to handle then filter me.

I am now going to filter you. Not because of your relentless negativity but for your very unpleasant attitude. I have simply had enough of it.

I wish you well in your investment in BMN.