Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Balanced66 here is a hard truth for you. Between 8 and 6 weekdays LSE Admin monitor the BBs. I am not sure what posts you are referring to but if Admin removed one / some then it was Admin that decided that they were inappropriate … no one else.
Marc I believe they are focussing on the lying and abuse on bbs and other platforms by the shorting tag teams. I gather that they are seeking to use data protection requests to identify the culprits who until now believe they can say or do anything in support of their shorting activities and remain anonymous. If these CEOs are successful that could cause problems for the abusers. Time will tell.
Funny that Balanced66. I wasn’t talking about BMN. I was referring to AIM in general, and that some CEOs are fighting back against the shorters and abusers.
I am amused that you feel the need to intervene and cast doubt on shorting and abuse when any fair minded person would be entirely supporting such action against these unscrupulous people. I wonder where your interests lie.
Have a nice weekend.
I have been reading a discussion on Hive (a telegram group where personal attacks and abuse are not tolerated by administrators) about several AIM CEOs who are looking into using data protection requests to identify serial shorters that according to that discussion have destroyed the share prices of some companies and even AIM itself.
Apparently even those using IP blocking techniques aren’t anonymous anymore. I wonder how far back this monitoring will go and what legal ramifications if any there might be. Watch this space as they say.
The reason I ask Fosters is that I am not sure what you mean by “punting this at 18p” but as a rule I don’t do specific share price predictions.
I would also point out that the last time this was 18p was during COVID but in the period following the Orion deal that was generally greeted positively here as it released funding to upgrade Vametco and Vanchem, without huge dilution which at the time was generally greeted positively.
The fact that since then we had the continuing global downturn from COVID plus the impact of Suez and Ukraine, together with increasing load shedding could not possibly had been foreseen by me or anyone else at the time.
I only call it as I see it at the time Fosters. I did it in 2016 despite huge criticism follow by a massive increase in V price and share price. There is no way that I could have predicted that massive rise even though I did expect good returns from BMN.
By the same token in early 2021 there is no way that I or anyone else could have foreseen the events that have led to the collapse of the share price.
It is just the way it is.
Whatever your thoughts about the BMN share price at this level it does present an opportunity to move a large number of shares into an ISA. Perhaps worth considering if you have any in a non ISA trading account? Just a thought.
Online bullying definition:
“ Cyberbullying is bullying that takes place over digital devices like cell phones, computers, and tablets. Cyberbullying can occur through SMS, Text, and apps, or online in social media, forums, or gaming where people can view, participate in, or share content. Cyberbullying includes sending, posting, or sharing negative, harmful, false, or mean content about someone else. It can include sharing personal or private information about someone else causing embarrassment or humiliation. Some cyberbullying crosses the line into unlawful or criminal behavior.
The most common places where cyberbullying occurs are:
Social Media, such as Facebook, Instagram, Snapchat, and Tik Tok
Text messaging and messaging apps on mobile or tablet devices
Instant messaging, direct messaging, and online chatting over the internet
Online forums, chat rooms, and message boards, such as Reddit
Email
Online gaming communities
If it reads like bullying, targets like bullying, it is bullying.
Dear Leafie. First I am not defending him. I am defending fair play … a peculiarly British traditional concept.
Second and I quote “ Wonder why Sattar notified his holding when it's not required? Some other motive?”
Have a nice day.
The discussion about which thresholds are applicable for Guernsey registered companies is an interesting one. It is correct to state that Guernsey is not part of the UK. As a point of interest it was not part of the EU either which raised issues about personal allowances amongst other things when sailing between UK or other EU countries and Guernsey.
Whatever the correct threshold for reporting is (3% or 5%) a study of BMN TR1 / Holdings RNSs will quickly demonstrate that in practice the 3% threshold has frequently been used.
It would be fair to think that most here assumed it was 3%. I certainly did simply from observing published Holdings RNSs (including from Acacia, ATM, Oak Trust, etc.). Therefore to suggest that KS was doing anything but what he assumed to be the required notification is a step to far and certainly not fair to that individual.
Picking up on a point I raised yesterday about the near certainty of Vanchem returning record production numbers in Q3 I revisited the BRR Media Interims broadcast.
Production numbers for Vanchem:
160 mtV July
175 mtV August
130 mtV September estimate (includes 8 day maintenance shutdown)
465 mtV Q3 (my estimate based upon info supplied by BMN)
If the above is delivered then August will be the record production month since BMN took over Vanchem and the Q3 total of 465 mtV would smash the previous record (372 mtV in Q4 2022) by an extra 25%. Quite an achievement and should generate another fall in production costs per kgV.
For me this is clear evidence that the heavy investment in Vanchem in 2022 will be worth it in the long run. If and when SPR deliver the funds to reopen Kiln 1, which we know is capable of delivering around 290 mtV or more per Q, and Kiln 3 delivers the projected 540 mtV per Q (180 mtV per month) then total Vanchem production would be around 800 mtV or more per Q. This higher production total should be at significantly lower production cost per kgV, increasing the potential for the plant to become very profitable (obviously subject to vanadium prices).
I suspect that I am not the only person disappointed by the sale of 50% of Vanchem to SPR (although currently still 100% BMN owned). However if the necessary investment referred to above is delivered then the attributable production to BMN would still be above 400 mtV per Q but at hopefully significantly lower cost per kgV than today (economies of scale and other efficiency measures mentioned by Craig).
Another hope of mine is that Vanchem sales continue to target high value markets such as aerospace and chemicals, and the plant becomes a reliable source of materials to Belco.
Given the state of Bushveld finances the SPR deal may deliver more benefits than was possible in the short term at Vanchem by BMN alone. And that does not even cover the longer term potential benefits of the reopening of Highveld which would provide s l a g to Vanchem and be a ready market for Vanchem Vanadium for rebar and other steel products.
Just my opinion. DYOR
The Dollar Rand in Q3 averages almost exactly the same as in Q2. This is easily checked using online tools.
In a recent email response from Chika she wrote to me the following:
“… As you correctly mentioned majority of our costs are in Rands….”
In the Q3 Update the production costs in Rand will be given. The figures for Vanchem should be of interest. Any change since Q2 will not be explained by Dollar Rand. Therefore we will get a good picture of how actual costs per kgV at the plant have changed. I would expect a fall in costs due to increased production (more or less certain to be a record Q production total) and therefore economies of scale, and also other efficiency measures introduced by Craig Coltman’s team.
I doubt BMN directly imports diesel. They most likely buy from SA fuel suppliers. Yes Brent Crude costs have increased during Q3 which will make diesel prices a bit higher to SA customers but the load shedding agreement appears to have worked and significantly reduced dependency on diesel generators to keep Vanchem running.
Production numbers, including costs, will be a matter of public record once Q3 Update is published. That is likely to be by the end of October if the existing company policy continues.
Just my opinion. DYOR
Ma5k what are you talking about “… badge of honour …” Don’t mean to be rude but that is nonsense.
When I describe myself as LTH it is simply a statement of fact. I chose to make this a long term lnvestment for reasons that are my business although I have shared them.
How successful or otherwise that investment proves to be is also my business and nothing to do with you or anyone else.
Status symbol? What are you talking about. Why don’t you keep your comments to matters BMN and Vanadium rather than the affairs of other posters. Then and only then will you get shareholders working together. If that is what you crave then drop the decisive and provocative comments.