Member Info for Pdub

Recently I did a little bit of basic research into the BMN sp v FTSE and AIM

Some say "You can't buck the markets?" Just take a look at these figures. Very impressive for BMN (assuming even a modest amount of patience!)

Last 3 months:
FTSE All Share down 10%
AIM All Share down 21%
BMN up 50%

Last 6 months:
FTSE All Share down 12%
AIM All Share down 20%
BMN up 77%

Last 12 months:
FTSE All Share down 14%
AIM All Share down 19%
BMN up 386%

Last 24 months:
FTSE All Share down 8%
AIM All Share flat
BMN up 1846%"

BMN is not behaving like a typical AIM company. It is a growth company making very significant profit and with a realistic plan to increase and diversify its revenue streams over the next year or so. I have said it many times over the years to the many self appointed 'experts' that have visited this bb.... if you have the patience then in my opinion Fortune and BMN have the potential to give a great ROI. So far that is exactly what the company has delivered and I see nothing to suggest anything different in the future.

All just my opinion. Data from LSE and HL and accurate on 04.01.19

Regards. Pdub.

Talking of research anyone looking into the history of BMN might find the following. Very exciting year ahead in my opinion.

Remember that the staggering rise in BMN share price over the last two years has come about because the CEO delivers on his promises. So how about some things that BMN have delivered:

BMN announced the Mokopane vanadium play in November 2013 and developed this into a plan to become a low cost vertically integrated primary vanadium play. And they are well on the way to delivering that.

BMN announced their intention to purchase Vametco. The first stake was successfully concluded, with the help of Yellow Dragon, at a ridiculously cheap price of around $17 million when vanadium prices were at rock bottom. My understanding get is that this included about $12 million of market ready stock !!! I believe SP Angel described this as possibly the best deal they had seen. Delivered!!

Concern at the time was expressed about Yellow Dragon but FM assured shareholders that there was nothing to worry about. Sure enough BMN acquired YD stake, bringing their interest in Vametco to 59% and therefore the Vametco profits can now be shown in the accounts. Delivered!!

A placing was carried out to provide funds for three purposes, all of which have been delivered and including buying out Sojitz to bring the Vametco interest to 74%. Delivered.

Tin spin off. Delivered.

Throughout this period the price of Vanadium was rising, just as Fortune had predicted, though in fairness it may have risen higher and raised the profits at Vametco to an even greater level than he expected. This has been reflected in a rapidly rising share price, and rightly so in my opinion.

We were also promised a three phase expansion programme at Vametco.
Phase 1 delivered.
Phase 2 delivered.
Phase 3 underway.
Target annual production rate of 5000 mtV by (end of?) 2019

First VRFB to be commissioned shortly.
Dividend policy soon?
Brown field site / Mokopane licence - awaiting news

And yes. In the end it is all about the share price. And haven't shareholders had two great years on that account. In my opinion so much more to come.

So Fortune has a track record of delivering for the shareholders. I expect that to continue.

All just my opinion.

Regards. Pdub.

IH - "Academic Research?"

Haha.

Why don't you do your own research on BMN. You might learn something about this great company.

Gpmh1 forgive this question but aren't experienced traders like yourself supposed to sell high, buy low?

If you sold yesterday surely it would have been better to have sold the day before when sp recovered to around 10p, rather than selling at what appears to be near the bottom.

I thought most try to sell high and buy low.

Anyway good luck with your investments.

"Lidsey"

Here is the link:

https://itportal.ogauthority.co.uk/pprslive/production-data?start_date=Sep+2018&production_type=OIL&production_unit=OIL_FIELD_UNITS&operator=ANGUS+ENERGY+LIMITED®ulatory_jurisdiction=LANDWARD&sort=reporting-unit-desc

No idea. But these production figures from the OGA. Site suggest that production from Portland at both Ludsey and Brockham jumped to 25 bopd each. It will be interesting to see if this continues into Oct / Nov / Dec..
Might be related?

In my opinion there is only one reason why this group of city toffs want to take over the BoD of ANGS ... they know what the assets are worth and want their slice of the action.

I say stuff them.

Tidswell had his chance. As far as I am concerned he blew it. Not giving him another chance.

All just my opinion.

Pboo

HH is Surrey CC

Balcombe is WSCC

That may make comparing planning timescale for HH with Balcombe a rather useless exercise!

Fortune:

Could you describe the most likely path to achieving shareholder value from the Mokopane Vanadium Project and what timescale?

Thanks RK

Jeez I hope MRI is not that good MIKINAMAN haha

Ok that's rather a lot of votes for Vonk, one vote for Tidswell.

Seems about right!

I am sure there are as many opinions and experiences about the NHS as there are patients so I can only give a personal perspective.

Our local GP practice is wonderful. Will usually get phone call back from doctor within a few minutes and almost always seen same day, sonetimes within 20 - 30 minutes. Can't fault them.

The recent treatment I have received from Salisbury's Odstock Hospital was first class, from initial assessment through surgery and then recovery in general ward. The staff were wonderful from porters to surgical team.

Now if there is any such thing as karma then surely my MRI scan this afternoon should be an all clear!

Regards. Pdub.

nice to see blue day

And finally a repost that I put up recently:

"IH great so it's facts that you want. I repeat a few for you.

"You can't buck the markets ? Just take a look at these figures. Very impressive for BMN (assuming even a modest amount of patience!)

Last 3 months:
FTSE All Share down 10%
AIM All Share down 21%
BMN up 50%

Last 6 months:
FTSE All Share down 12%
AIM All Share down 20%
BMN up 77%

Last 12 months:
FTSE All Share down 14%
AIM All Share down 19%
BMN up 386%

Last 24 months:
FTSE All Share down 8%
AIM All Share flat
BMN up 1846%"

What our visitors need to understand is that BMN is not behaving like a typical AIM company. It is a growth company with a realistic plan to increase and diversify its revenue streams over the next year or so. I have said it many times over the years to the many self appointed 'experts' that have visited this bb.... if you have the patience then in my opinion Fortune and BMN have the potential to give a great ROI. So far they have done exactly that and I see nothing to suggest anything different in the future.

All just my opinion. Data from LSE and HL."

Regards. Pdub.

As part of IH's education programme:

BMN
H1 results announced consolidated profit after tax of £21.1 million and free cash flow of £10.2 million
H1 cash balance £26.2 million (H1 2017 £71.5 thousand !!!!)
H1 ... NO DEBT !!!!!

H2 looking likely to be even stronger given the higher price of vanadium.

Now call me old fashioned but that's looks pretty tasty to me.

Don't be too hard on IH. Looks like still learning. We all have stories of the one that got away. BMN may be his/hers.

Mind you exposing ones ignorance of this company be saying BMN has 'no income' is a bit basic!

Please carry on Alfa. I'm sure if people didn't want to recommend your posts they wouldn't.

Regards. Pdub

Please feel free Captain

Those supporting Vonk might want to consider the thread title you wish to contribute to!