Member Info for Pdub

You are welcome Andrew.

Cindercone I know we have not always agreed but your 13.24 post is spot on. Nicely summarised.

Andrew I must correct the misleading statement in your post:

“ the daily 3 - 5 % per day share price loss.” That is not true. Check the chart. For the last month the price has fluctuated around 6p (ie stable) and in fact the 20 day moving average is actually rising very slightly according to HL.

If quoting ‘facts’ please do the research first.

Oh stop it ARCM. You were asked not to be offensive to other posters. That is all. Just try not to be overly aggressive or offensive. Those traits add nothing to your opinions.

You are freely expressing your opinions and people are freely responding.

Remember you provocatively mentioned my name, not the other way round, yet I remain courteous to you. I merely request the same respect.

ARCM it’s not good being heavily underwater and for that you have my sympathy.

The rest of your post leaves a lot to be desired..

If you don’t see what I see in BMN then that is fine. Walk away. I would. It does seem that you are blinded by the share price (which is terrible) and can’t focus on the business.

But stop sla**ing off other posters. It does you no credit.

We know that US vanadium prices have been much higher than RoW for most of this year, which is great news for BMN as nearly half of their sales go to US.

Nevertheless it is good to see prices rising again for most of this week in China according to Asianmetals.

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

Apologies for autocorrect “Larky”

As you say Larry early days but it would not be the first Vanadium price recovery that has started wit( a period of flat. Just as happened over the last week. Next couple of weeks will be interesting.

Anyway good chat Disgruntled. We obviously disagree but kept it polite and courteous. Thank you.

I need to go out and enjoy the weather.

Pdub

Absolutely want profit. And many of us (including you I suspect) could have taken profit, and a lot of it, in 2018. We had the chance and didn’t take it.

I think that chance will come again. Just a matter of time.

Of course just my opinion.

What is to spin? The current share price is cr*p.

However what have I ‘spun’ about the business? As far as I am aware everything I wrote below they have done, are doing or plan to do. Just dealing with published info in RNSs.

Of course at times progress has been slower than hoped for and circumstances have been tough but the positives do stack up.

As long as they continue to deliver on their business plan they have my support.

Disgruntled my ‘support for the company’ is simply based upon what they have delivered so far (a long way from junior explorer when most of their AIM contemporaries have so far failed), how they are operating as a business today and where their expansion and diversification plans will take them.

5000 mtV pa by year end and perhaps moving towards 8000 mtV as and when conditions are right. Cost reductions being delivered. Electrolyte plant under construction. Mini grid now with permission and underway.

And then BE …

I rather hope they continue what they are doing.

And I hardly dare mention the predicted growth in mini grids and battery storage across Africa … the very market that BMN is targeting.

Look beyond today’s share price and focus on the business activity and the future vanadium market.

Oh and to coin a phrase “Don’t mention the war”.

What do you think the Russian use of energy as a weapon in. Europe is going to do the the drive to replace dependence on hydrocarbons with renewables?

Seems to me everything starting to line up for renewables and battery storage. And BMN is placing itself right in the front line to benefit from this.

Just my opinion.

And now you mention higher energy costs that makes renewables even more competitive and as we are seeing from the new projects being announced that is likely to put upward pressure on V price through rising demand for battery storage. Thanks for reminding me of that!

And yes …. Really! Cheeky boy. Lol

Who knows disgruntled but at $48 Nitrovan sold in the US should be making a very good margin. Does that upset you or encourage you?

So only slightly under $50 if correct, right in the sweet spot described by FM of $45 - $50 and very profitable for Nitrovan from Vametco. The issue is ….?

Statistics eh Cindercone. The last info I have seen elsewhere is that US prices remain in excess of $50 which if still the case would would fit with your comment, yet still very profitable and maintaining the gap with other markets.

Today I see AsianMetals recording no change for I believe the 4th or 5th consecutive day. Perhaps we are at the bottom of this downturn in China and about to see a price recovery. I am sure as a genuine share holder you hope this too.

However remember that the US is BMN’s largest market and that market appears to still be very profitable.

So more encouraging than you thought!

Just my opinion.

Fortune Mojapelo (from Linkedin profile)

University of Cape Town, BSc Actuarial Science, 1996 - 1999

Harvard Business School Executive Education, Owner/President Management Programme,2020 - 2022

(Good to see that he continues his education and demonstrates a desire to improve.)