Member Info for Pdub

TheDuke apologies for not responding sooner. Your name never entered my mind when composing yesterday morning's post so apologies if that was of concern to you. The post was really with one person in mind, but they may have sold by now!

Anyway nice to see a good start to the day.

Regards. Pdub.

However I am not a dream chaser. I want my money invested in a very well managed company that is producing and returning profits, and that is forward looking and investing in 21st Century industries with huge potential for growth in those markets, whilst at the same time helping to tackle climate change. That is why I remain invested in BMN and why I expect significant returns on my investment over the next year or so, and why I have added to my shareholding. I learned that lesson to my considerable advantage during 2016 when the sp was also low despite great potential for BMN.

All of this is of course just my opinion but 2020 onwards does look very exciting for BMN and its shareholders, but as they say 'you have to be in it to win it'. Your choice.

Regards. Pdub.

It would seem that my message this morning didn't get through to everyone, so here it is again:

I note one or two investors expressing concerns about their investment. This appears to be entirely based upon the present and short term share price along with the recent low V price. On the face of it this seems to be a very understandable position to take and people are entitled to express those opinions.

I just totally disagree! Forget today's share price and think about both the progress the company is making and the bigger picture at a global level.

Even the biggest cynic / trader would have to admit that 2019 has been a great year for BMN as it has improved productivity at Vametco, acquired a second production plant at Vanchem and announced very important agreements and partnerships through BE. And don't forget Mokopane mining right. Fortune is certainly delivering on his long held desire to build a large low cost vertically integrated vanadium platform. Most AIM resource companies can only dream of this type of progress.

Looking at more global developments the low V price has made it far more challenging for companies wishing to develop new V projects, if only by creating a difficult environment for fundraising for the significant Capex required. Makes BMN's strategy of acquiring existing fully functional plant look rather clever! On the other hand the low V prices have made VRFBs very much more attractive in financial terms.

I also wonder how many V users that switched to the less efficient Niobium route will be considering reversing that and moving back to Vanadium?

Huge pressure is growing for the global community to act fast to tackle climate change and energy storage is rapidly gaining traction as part of that. I expect the uptake of VRFBs to expand far more rapidly than some here think and the potential market is huge. FM / MN think it could be up to 10 x the steel market for Vanadium. BMN is positioning itself right at the centre of this.

It surely is only a matter of time before all this begins to be reflected in the V price. So much pressure on demand and difficulties in bringing new supplies into production.

So whilst 2019 has been a period when the company has been putting in place the foundations for the future growth of the company, 2020 could be the year when we start to see delivery of these plans.

If the wait is too much and you don't have the patience, or you don't believe the BoD will deliver, or you have no confidence in the future V price or the markets that BMN operates in, then no one could blame you for moving on and chasing the next big dream.

However I am not a dream chaser. I want my money invested in a very well managed company that is producing and returning profits, and that is forward looking and investing in 21st Century industries with huge potential for growth in those markets, whilst at the same time helping to tackle climate change. That is why I remain invested in BMN and why I expect significant returns on my investment over the next year or so, and why I have added to my shareholding. I learned that lesson to my considerable advantage during 2016 when the sp was also low despite great potential for BMN.

All of this is of course just my opinion but 2020 onwards does look very exciting for BMN and its shareholders, but as they say 'you have to be in it to win it'. Your choice.

Regards. Pdub.

Morning all.

I note one or two investors expressing concerns about their investment. This appears to be entirely based upon the present and short term share price along with the recent low V price. On the face of it this seems to be a very understandable position to take and people are entitled to express those opinions.

I just totally disagree! Forget today's share price and think about both the progress the company is making and the bigger picture at a global level.

Even the biggest cynic / trader would have to admit that 2019 has been a great year for BMN as it has improved productivity at Vametco, acquired a second production plant at Vanchem and announced very important agreements and partnerships through BE. And don't forget Mokopane mining right. Fortune is certainly delivering on his long held desire to build a large low cost vertically integrated vanadium platform. Most AIM resource companies can only dream of this type of progress.

Looking at more global developments the low V price has made it far more challenging for companies wishing to develop new V projects, if only by creating a difficult environment for fundraising for the significant Capex required. Makes BMN's strategy of acquiring existing fully functional plant look rather clever! On the other hand the low V prices have made VRFBs very much more attractive in financial terms.

I also wonder how many V users that switched to the less efficient Niobium route will be considering reversing that and moving back to Vanadium?

Huge pressure is growing for the global community to act fast to tackle climate change and energy storage is rapidly gaining traction as part of that. I expect the uptake of VRFBs to expand far more rapidly than some here think and the potential market is huge. FM / MN think it could be up to 10 x the steel market for Vanadium. BMN is positioning itself right at the centre of this.

It surely is only a matter of time before all this begins to be reflected in the V price. So much pressure on demand and difficulties in bringing new supplies into production.

So whilst 2019 has been a period when the company has been putting in place the foundations for the future growth of the company, 2020 could be the year when we start to see delivery of these plans.

If the wait is too much and you don't have the patience, or you don't believe the BoD will deliver, or you have no confidence in the future V price or the markets that BMN operates in, then no one could blame you for moving on and chasing the next big dream.

(To be continued)

Excellent news reteps.

Regards. Pdub.

That's a great story BasilBush. Amazing what can be done.

Regards. Pdub.

I would say that FM / MN are several steps ahead of us on this point, judging by their efforts to invest in a spread of companies operating in various markets worldwide.

Management of this quality would be well aware of the risk of over reliance on one customer, however important that customer has the potential to be.

Beginerman first please don't try to misrepresent what I said by selective quoting. I have no problem with people watching and not contributing. In a way this bb is for those investors. However you left off the key point .
"... and criticising everyone else". Not sure if that was an error on your part or an attempt to deceive. Don't care either way. You had your chance to do the right thing but decided upon a different course. Your decision.

My decision is to filter you. I regret having to do this but you give me no choice. I hope your investment goes well.

Beginerman for the sake of everyone reading this bb and for your own self respect please just stop this pointless focus on attacking BMN shareholders that chose to express their positive opinions on this bb. Quite apart from being both very divisive and in my opinion not accurate, this is seriously distracting attention from discussing BMN. If you are a genuine shareholder surely that cannot be in your own best interests.

You have made your point about what you think is groupthink. Many of us disagree. I doubt those positions are ever going to be reconciled so simply repeating your attack on this bb (whilst of course absorbing all this info that those same posters generously share with you) is a pointless waste of time and energy.

I would welcome contributions from you that add to the collective knowledge of shareholders, but please don't think that we haven't considered the risks. I have done ... extensively. Like many others I have carried out what is effectively a cost - benefit analysis that is so heavily skewed towards the upside of this investment that I cannot help being anything but positive.

I will add this personal perspective. Having been through the hell of dealing with a very much life threatening cancer this year (I am pleased that I am presently cancer free though awaiting recent scan results) I can assure you that my whole attitude to the future has changed. I am 65 and have no idea how many months or years I have left. Time is very precious to me. I would not waste my time sitting on the already significant paper profit from my BMN holding if I did not STRONGLY believe there is much more to come and obviously not too far into the future. Whether it's myself or my beneficiaries that take advantage of this who knows. That's beyond my control.

Please don't insult me anymore with this purile nonsense about groupthink. My reasons for investing and remaining here are very much my own. Some may have similar thoughts, others will have different reasons, but all independently arrived at. And we each have our own thoughts on the way forward. The only collective element as far as I am concerned is that so many share their thoughts for the benefit of all.

Sadly there are some that do nothing more than sit on the sidelines contributing nothing and criticising everyone else. Please don't become one of them. There is a far more constructive way of behaving on the bb.

There is no malice in this post. Just a genuine frustration at this groupthink insult. Please end it now.

Thanks Alfa. If any part of my contributions add to the collective understanding that is good to know.

I would add to my previous post that I claim no skill in selecting BMN to invest in. Just good luck. In October 2013 I read a tip somewhere on AIM, followed it to the BMN bb and after a bit of research took a punt.

The move that I do take credit for was a month later going to London to a presentation where I met Fortune Mojapelo for the first time. His vanadium presentation (following the RNS announcing the vanadium platform earlier in the day) was both surprising and very exciting and he came across as a calm, courteous and very intelligent person. Since then I have been a strong supporter of the man, and his vision and strategic brilliance explain why I am so positive and remain invested.

Just my opinion.

Dreaming is a sure way to lose money on AIM. I totally agree.

That is why I invested in the excellent BMN management team. They had the potential to deliver great returns to shareholders (which for those invested prior to 2018 they have already done) and their record on delivering on their plans suggests that the future will be very exciting for all those invested.

No dreams. Just reality and more than six years experience investing in this company. Best financial decision of my life.

As always just my opinion and DYOR.

What is it with posters like gkb47 that they are unable to make a comment without attacking positive long term holders? Yet another completely unprovoked attack. I just can't be bothered with idiots like this. They need to grow up.

Filtered.

Fosters I believe there are a great many private investors that have been lured into terrible AIM companies and ended up with significant losses, myself included.

Sadly many AIM BoDs fail to deliver on their promises but gladly take fat salaries, leaving the pi's to carry the losses. I suspect this is a combination of over expectation, incompetent management and simple bad luck, but in some cases deceit. It is what it is I'm afraid.

I was very lucky to stumble onto BMN very early on and took the trouble to attend conferences and presentations in order to get to know Fortune Mojapelo and the rest of the BoD. Suffice to say I was very impressed and hence my positive attitude towards all things BMN. We have that very rare thing on AIM (in my opinion) .... a talented BoD with an excellent CEO that delivers on his promises.

Right now as a long term holder I cannot thing if anywhere better to park my money so here it remains.

Just my opinion.

Regards. Pdub.

I agree. Thanks VV

Brilliant stuff Alfa. This is what makes this such a great bb... team effort. Technical contributions from yourself and others eg Ophidian, shipping logs from Paludina, V price info Loudspeaker, etc etc.

Some of the technical stuff on energy storage goes straight over my head at times but I am very grateful that you provide it.

Contrary to what some would have us believe this is a great bb and its strength is the participation by so many in contributing to the collective understanding. Marvellous!

I very much agree with that post 993444. Many people's hopes were dented over the last year due to the fall in V price and its impact on the sp. In my opinion that has now created an over cautious and way too pessimistic attitude amongst some here. Understandable I guess but given the flack that those of us with a positive attitude have to take at times it is very valid to challenge overly negative opinions.

I maintain that it is far better to focus on the company developments and let the sp take care of itself. 2020 really is shaping up to be a transfirmational year for the company. Significant gains as forecast by SPAngel are more than possible if BE progresses well and particularly if there is any sort of V price recovery.

Watch this space as they say.

From all that I have read and from the recent moves that BE are making in driving the VRFB industry forward I strongly believe that BE has the potential to become income generating in far less than 3 to 5 years.

I should add that during that 2017 / 2018 period SPAngel were very moderate in their forecasts and targets for both V price and sp, much to the frustration of some here and John Meyer attracted a lot of flack for that. I am not wishing to open that up again as an issue. I only mention it to demonstrate that the broker avoided the temptation to give unrealistic targets, even during that period of rising resource prices, and gave only what their own analysis would support. I respect that and therefore I do take an interest in how they achieve their numbers.