Member Info for Pdub

Go for it TheeDuke!

Now Alleycat HMHG you have both become boring as most here want to learn about BMN, Vanadium, etc. and all they get from you is negativity and look how clever I am.

So regretfully I am going to have to leave you two to play with yourselves.

As a longterm holder Alleycat I am in profit.

Most purchases between 2p an 5p. De-risked substantially in 2017 following rising price. Some top ups since at higher levels but average still means I am in profit. Hold more shares than ever and any rises from this ridiculously low level will generate an excellent return for me.

I am an investor, not a trader. The difference between you and me is that I like investors doing well, even traders and shorters if they don’t lie to suit their agenda. You try to rub noses in any losses. I focus on what the company has achieved and where it is heading, backed up with evidence so people can make their own informed judgements. You just belch out negatives to suit your shorting agenda and profit from others losses.

You are the big I am. Me? Just a reasonably intelligent long term investor that likes what BMN are doing and happy to share that with anyone who is interested.

You carry on selling yourself for money. It’s an old profession and I am sure you are very good at it.

Clearly the price of Vanadium is a major component in determining how profitable BMN will be in 2023.

The recent price rises across all markets and products must be turning a few heads. Going to be interesting to see if they continue this week which could lead to Asian prices exceeding $45 kgV and prices in Europe back over $40 kgV

And of course the V2O5 price is becoming more relevant with Vanchem producing over 200 mtV in Q4. Those prices have also been rising.

If we see significant V price rises continuing that may give shorters a headache.

I see we can add ageism to lying HMHG. Nice.

If I were to return the favour of offering advice it would be for Parent or Legal Guardian to restrict your access to the internet ….

But then Alleycat I shouldn’t be surprised that you are a liar. A self confessed shorter … not to be trusted.

Another example of your lies from earlier in Feb

“ All long gone .....
Rich Ken
Pdub
Faramog
Nick ? if he ever turns up ?
All long sold out, and just here taking the p..s out of the relative newbies ?”

Total and complete lies designed to undermine confidence in the credibility of people that dare to challenge this shorter’s actions. Do not trust this liar. He just wants to make money by persuading you to sell your shares (probably for many at a loss)

Study what the company said they would do, what they have achieved and where you think that will take the future share price.

Do not trust this liar and shorter.

HMHG absolutely am I surprised at the drop from earlier in 2022. Completely oversold.

However you made a very specific claim that quote I have “been saying it’s a good entry price all the way down from 48p.” Don’t think you are getting off so lightly. Present the evidence for your claim. In neither of those posts do I say it is a good entry point. It find that very funny!

In the first one I simply asked a question!!!

In the second one I state my opinion that it is when not if shareholders will get a return. But I then make it clear that I don’t know when.

HMHG the problem here is that you are trying to be clever but you appear not to be intelligent enough to do so. I get the feeling that you simply don’t understand what evidence is!

Remember it is your credibility at stake and your stupidity is being witnessed by everyone.

Just my opinion.

Anyway back to BMN.

Excellent operational progress.
Record year of group production
Costs down
Vametco unaffected by load shedding
Vanchem new agreement in place to reduce impact of load shedding
Rising Vanadium price across all markets
Increasing profitability across all markets
New electrolyte plant soon online
Electrolyte demand likely to rise from as VRFB market grows
Ridiculously low share price not yet reflecting any of these huge positives.

If some believe this to be a good entry point for investors, given the potential for significant share price rise then I wold have to agree

Just my opinion

Two things Beginerman.

I wouldn’t waste 1 minute going through the provocative and negative tripe that you write.

HMHG told the lie. It is up to him to justify it, however many hours that takes, or he will appear to be a complete liar with no credibility whatsoever. It will be of no comfort to him I am sure that that is how you wish him to be perceived.

But thank you for yet another useless intervention. It does demonstrate consistency on your part if nothing else.

Now run along and play with someone else. You bore me.

HMHG in fairness to me would you please repost my good entry point comments all the way from 48p?

The reason I ask is that generally I focus on BMN operations rather than share price. Therefore I think readers need to post the evidence so they can be sure that you are not lying just to try to damage my credibility.

Don’t hide away from this task. We are all waiting.

Otherwise it may become an issue if your credibility

What kind of idiot thinks that FACTS relating to operational performance by a company don’t drive financial gains and ultimately the share price. That troll would absolutely agree if it wasn’t in reference to a company they are shorting or trading or just simply trolling.

It beggars belief what lies they are prepared to tell.

If you wish to gain an opinion about the future BMN share price THEN IGNORE THE TROLLS. Learn what facts you can about operational performance both now and targeted, and consider the market for the product. That will guide you towards likely future financial performance and share price.

Looks like a very good entry price to me.

Just my opinion

Welcome Florence. Interesting post.

First you are aware that Vametco which produces more that half of group output is not affected by load shedding?
You are aware that Vanchem now has a new agreement in place that significantly reduces load shedding risk?
You are aware that stock alone would cover a large part of the debt repayment if sold?
You are aware that the recent rises in vanadium prices mean that almost daily BMN is becoming more profitable?
You are aware that a new income source comes begins in H1 when the new electrolyte plant comes on line?
You are aware that the falling value of Rand against the dollar is working strongly in BMNs favour and is predicted to continue to do so in 2023

BMN is likely to already be profitable and it ain’t going bust. In my option current share price is a great entry level. Others may of course disagree.

There has been a suggestion that Chinese V prices are irrelevant as since the introduction of the import duty BMN have moved away from that market.

Wrong! Quite apart from being an indicator of the state of global V markets the China V price is the standard for other Asian countries where BMN does sell into. Good to see those sales SO profitable.

One interesting market in Asia is Japan, the worlds third largest economy. I wonder if VRFBs will take off there and how that might add to world Vanadium demand?

Interesting that US and China FeV prices are already close to that $45 kgV number. I doubt if it will be long before they rise past it. Vanadium Price already showing China at $44 kgV before the latest and significant rise!

Vametco alone will generate large profits in 2023 if indeed the Dollar Rand does average 18 and V price in selected markets achieves $45 kgV. A $10 margin or more would be very achievable under these circumstances allowing Vametco alone to generate at least $25 million or more in profit. Every $1 above $45 kgV adds at least $2.5 million to profit. And that is just Vametco!

SMT1 then surely it is up to genuine shareholders to get the positive message out there.

If shareholders can’t be positive about BMNs future now with everything falling into place …. ?

I believe BMN is in the strongest position it has been in for several years to generate a return for shareholders.

We don’t know what the cash position is (may well be better than some think) but we do know V price rising, demand buoyant, large market ready stockpile available, costs stabilised, low capital requirement in 2023, electrolyte plant online H1 with new high value revenue stream, and a management actively seeking sales in highest priced markets.

It is likely that sales are already generating sales and profits helped by the Dollar Rand which sadly for SA seems set to work even further in BMNs favour.

That is the message the market needs to hear.

And as I am still awake I might as well report on AsianMetal showing significant Vanadium price rises overnight across all markets and products.

The rises are mostly between 1% and 2% with Rotterdam in warehouse V2O5 up 2.08%

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

Wake up Market. BMN margins increasing by the day.

(Part 5)

It has been a long slog getting BMN to this point and no doubt caused stress for some shareholders but I firmly believe that the building blocks put in place over the last few years place the company in the perfect position to benefit from rising demand for Vanadium and Electrolyte.

There have been numerous obstacles placed in their way at a critical time in the growth of the company (falling V prices in 2019, Covid, global and regional logistics issues, the impact of the war in Ukraine on global energy prices, etc) but credit must be given to the management for steering a path through these turbulent waters. Hopefully the future will see the business flourish and bring in significant profits that trigger a response from the share price.

Again just my opinion.

(Part 4)

Just to widen the discussion a little there can’t be many with an interest in energy generation and storage (which really ought to be everyone!) that have failed to notice safety concerns about Lithium with regard to the potential fire hazard and also supply demand issues with future EV growth expected to more or less absorb all lithium supply.

This appears to be stimulating interest in alternative forms of stationary battery storage and the increasing number of VRFB schemes being announced. With China bringing online large scale VRFB storage schemes there seems to be a growing awareness of this form of battery storage with its many advantages over lithium. BMN are bringing online their on minigrid system at Vametco and with rising energy costs globally their timing could not have been better to commission a plant that will demonstrate the cost effectiveness of solar plus VRFB storage.

(Part 3)

I have no idea if the V price will ‘boom’ but I would rather see a steady and sustainable rise just like we are experiencing now. I am confident that as a result of the way the BMN have constructed their business and partnerships they are set to do very well from any V price rise.

I also accept that the market needs to see evidence of significant profits being generated in order to understand how the debts will be reduced / settled. All the indicators that I am seeing are that V prices will rise and that in 2023 we will see much better financials generated by sustainable and rising production including electrolyte, falling costs, buoyant sales across all products and regions, rising V prices, weak Rand vs Dollar and a growing VRFB industry.

It is not often that someone suggests that BMNs share price would not benefit from significant V price but I hope that the above has to some extent put your mind at rest.

Any opinions expressed above are just mine and should not be taken as investment advice.