Member Info for Pdub

I could be wrong but this feels like previous occasions when the sp has begun the climb to the next stage. If it is then hang on to your hats!

Exciting eh?

I am no expert but I would be very surprised if a road tanker carrying the crude oil plate for, amongst other things, informing emergency services, is carrying anything other than crude oil. That surely is the purpose of the label.

Certainly hope so.

Can't remember if this has been posted before. From 5 December. Very positive about vanadium.

https://www.vanadiumprice.com/column-vanadiums-electric-future-hobbled-by-its-industrial-past-andy-home-reuters-news/

The more condescending the better!

... that we have another reincarnation of a previously banned troll.

Have reported to admin and requested investigation.

Has anyone else taken similar action?

IH that's where you got it wrong .... by omission.

The share may go a LONG WAY north. Way way north.

Just like 2017 and 2018. Had the same sceptics in 2017 and 2018, even though the business plan and the numbers suggested strong sp performance. In my opinion we have a similar situation and the business plan and numbers suggest another very strong year. My target is 75p to £1.50. I would not be at all surprised to find that is achieved in 2019 and new target set if company delivers on its promises.

And BMN have a track record of delivering.

You are quite right Rob. I should ignore these seasonal visitors.

The truth is they are SO bad at what they do its a lot of fun poking them. I agree that I shouldn't do it.

IH you may have had a tiny bit of credibility had you seen the rises coming from 1.5p 4p 8.5p 14p 18p 28p etc.

But no. You seem to have been silent every time. Yet you expect anyone to take your most recent contribution seriously? Get real.

All fair points. I can think of others but there may be those who spend life worrying about half empty glasses so I di not wish to make their knees shake.

So from a half full perspective and using the same points:
Production figures equalling or exceeding most recent target - certainly possible. Could cause sp to jump up.
Eskom battery commisioned and good results. Could cause sp to jump up.
Chinese rebar enforcement and sustained shortage of vanadium and rising price (as many commentators forecast). Could cause sp to jump up.

All possible and don't we invest for the possible?

Apols ggggareth. Haha. Still a good point!

ggggareth I have the 'disadvantage' of being an honest man. I am an LTH not a trader of BMN shares. I am happy to chill and be relaxed about the profits already made on paper,and in my opinion the very significant profit still to come.

Is that wrong to enjoy such a successful investment? Am I wrong to think this kind of return on investment is what most people on AIM hope to achieve but rarely do?

I do have a trading fund that I use elsewhere. However BMN is my 'bank' and am very happy to leave my investment to grow with the sp. Is that wrong too?

Regards. Pdub.

Strider ok you are a street wise super skilful best in the world share trader. Nothing we can teach you young man.

Puzzled though. Really talented and successful share traders wouldn't need to be shooting their mouths off on AIM. They would just quietly get on with the job. Or have retired. Conclusion? Hmmm.

Then don't buy Strider. We don't mind. Actually we don't care.

You are just a trader trying to talk the talk. That's ok. If it works for you .... great. The audience here is way too smart to fall of any of that. Seen it all before.

In my opinion this is a wonderful growth company and I anticipate a much greater return on my investment. If you wish to sit on the sideline, quite unable to make up your mind then fine. But please do it quietly. Nobody is interested in you. Tough maybe ...

Thanks again.

Might not be your style Troajan but hoping you might consider a long term investment here. Numbers and business plan suggest a very exciting few years ahead.

Strider you asked me two questions about a company that I know very well. I showed you the courtesy of answering your questions honestly, even though you have spent the morning trying to cause doubt to investors.

When I gave you my honest answers you then come back with the retort that no one can answer the very questions that you asked. Therefore it was rather foolish to ask those questions in the first place.

I stand by what I have said and will be delighted this time next year to be writing how derampers questioned the sp potential in early 2019 and will be gloating over the % sp rise. After all this is why we invest in AIM .., to catch a big one. Well I have caught a big one ... a very big one. And I'm delighted.

So if you still wish to try to shake my confidence in this great company then you have learned nothing about me. Give it up.

And there you go Strider. More negativity.

The main difference between you and me concerning BMN is that my positivity has been right right right. I rest my case. Look at the fundamentals. Understand the dynamics of the vanadium market. Think about the rapid developments in VRFBs.

Close your short? Just kidding. Or am I ....

Thanks Nick. Very exciting year ahead.

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.

Troajan thanks for that info. Appreciated.

Strider first I couldn't care less about your opinion of me or my attitude. So move on from that. It's irrelevant. Just so much noise.

As for your two questions, the answers are (in my opinion):

1. Definitely yes! No question. And very much more to come.
2. The sp is pausing before the next significant move up, just as it has done previously.

You may question and cast doubt all you like but the figures suggest I am right. Even the conservative SP Angel forecast a more than doubling of the share price. And they are professionals. You, like me, are just an enthusiastic amateur. Correct?

Folks like you have challenged the value of this company at every stage of its growth, but they have been wrong. Remember I have the ultimate advantage that I made it my business to get to know and assess Fortune and other members of the BoD. I have invested in them. I they are delivering.

As I said earlier I am happy to bat away any negativity if I have to. The fundamentals are so strong.

Careful there Constable Sanchez. Someone will accuse you of policing the bb. Personally I'd promote you to Sergeant.

Move along there you negative poster. Don't leave that nonsense here.