Member Info for Pdub

Haha well that is true. Can’t argue with that.

Faramog I resent that. I do not call out all and sundry. However if I read what I think is misleading or just wrong I call it. And that is exactly what you do too.

So let’s play nice please. I was not having a go at you.

And I see absolutely nothing in Turkishdreams’ posting history that suggests anything other than a regular AIM investor.

Faramog I expect Turkishdreams was a reader of this bb long before they joined LSE.

No big deal.

Turkishdreams just read some of your old posts and well done on your exit from GGP. With hindsight looks like brilliant timing.

Did you buy a place in Turkey and has that helped you with your medical condition? I hope it has all fallen into place for you as we all love a positive outcome.

Don’t mean to pry and totally understand if you don’t wish to answer. Suffice to say I hope you have benefitted from that GGP investment and who knows….. perhaps BMN will do the same.

Regards. Pdub.

Turkishdreams thank you for your comment and and any future posts by you I am sure would be most welcome.

Don’t be put off by the sometimes testosterone filled banter that occasionally takes over! Folks get a little carried away sometimes.

I share your regret that the negativity has put off some LTHs from contributing.

Regards. Pdub.

Fizzy is your assessment the same for the way that they have managed the business?

You know … the bit where in 5 years they have gone from a wannabe junior explorer to owning 2 of only 4 primary Vanadium producing plants and an active mine, are building an electrolyte plant to supply the growing demand from the VRFB market and hold huge reserves of ore guaranteeing production for decades to come? Oh and have forged partnerships to help grow that market?

And have developed the first electrolyte rental contracts to demonstrate how VRFBs can compete despite a volatile vanadium price?

And have acquired the Mining Right to the huge Mokopane Vanadium project?

Oh yes … and have carried out extensive programmes of maintenance and upgrades to both plants to stabilise, expand and diversify production in order to grab a larger market share and increase revenue and profitability?

Did I mention that they are bit by bit delivering on their promise to create a large low cost vertically integrated vanadium platform?

I agree … off with their heads haha.

There is a quote that I like that seems appropriate here that goes something like this:

“It will be alright in the end and if it is not alright it is not the end”

This is nowhere near the end of the BMN story. There is so much more to come and like it or not our CEO will be here to deliver it.

Just my opinion.

Lindon unless you agree with the silly idea in that thread heading I really can’t understand what you are so touchy about.

I will put it down to you just having a bad day and move on.

I am now uncertain what is more stupid. Inventing the thread title I referred to or continuing to repeat it.

Please don’t do the work of the trolls for them.

… the “all over for BMN” thread?

Goodness knows there have been some stupid ideas put forward on this bb but given all that we know about BMN (at least those of us that bother to read and revisit the RNSs and interviews) that must rank as one of the least likely discussion points I have come across.

However there is a very simple answer … NO.

Next ….

Just kidding and I sincerely apologise for not being perfect … just plain old human.

Regards. Paul

Oh do shut up Ninvestor lol

Lindon … cute

However telling me to shut up (albeit in a subtle disguise) is a sure fire way of unleashing the beast in me.

My oncologist 26 months ago implied that I had a few months to live. Metaphorically I said Fuc*k You. The doctor has since left his post, the MD Team have admitted I have defied the odds and yesterday I completed a 10 mile mountain bike ride in 51 minutes, went for a walk and later my wife and I spent two hours kayaking on the Camel estuary. I have happily celebrated my 67th and 68th birthdays since that assessment of my future and am working dammed hard to make it to 69.

I would rather not spend any time at all posting on these bbs but as some here seem to revel in negativity I feel obliged to defend my investment in this growth company and point out the very significant positives that need to be considered.

Some don’t like that. To them I say what I said to the oncologist …..

Offmessage did it occur to you that I may be far more interested in what the company is doing to grow the company than pure speculation about the share price? If not then you haven’t been reading my posts.

I post about what I am interested in or what I feel qualified to discuss.

Thanks Faramog. Appreciate the sentiment!!

Another walk down memory lane for the benefit of those talking tough about the BoD. Those like myself that have been here a few years have heard it all before. Everything today’s hawks are posting was said back in 2016 when the sp bottomed out at below 1.5p.

Some wanted to sack the CEO. Others wished to challenge at the AGM. Generally there was much negative noise about the BoD … exactly the same as today. Some of the current posts could have been lifted from 2016. So forgive me for not being impressed. I spoke out very strongly against that nonsense then.

The irony is that whilst this rubbish was going on BMN were beginning negotiations to acquire Vametco, an asset that completely changed the future of the company.

Over the next year or so the sp boomed and those hawks looked very silly indeed. I can’t help feeling that history may repeat itself and some will have to eat their words. Hope I am alive to see it!

Just my opinion.

Offmessage I don’t know how many times I have said this . I shall spit it out in simple language so hopefully you will not misunderstand me and make statements that suggest I don’t understand the markets.

BMN is still very much in its growth phase. The wider market may give lip service to understanding that but like some here (not aimed at you !!!) it can’t be bothered to look deeply into what the company is doing, and it is a complex story.

Judging a growth company’s success purely by its share price, ie as suggested by you the market, is in my opinion very short sighted. Such companies only achieve true value when they have reached their objective.

BMN have for many years stated that their target is the creation of a large low cost vertically integrated vanadium platform. Everyone needs to focus on that because only when that is fully achieved can we finally judge the success or otherwise of the BoD. No doubt the market will see BMN slightly differently then.

So please stop pretending that I am deluded or don’t understand the market just because my criteria of judging the success or otherwise go a lot deeper than today’s share price. When I invested here I was in for the long run. Perhaps my degree in geology and a lifetime of related work puts me in a better position to understand possible timelines than some and that may include you.

As far as the qualities of the CEO are concerned then like a small number of others here I have met him on several occasions and I judge him to be a talented, ambitious, committed and honest man with a clear vision of where he wants to take this company. That is based upon my knowledge of him, not the absolute nonsense I sometimes read on this bb.

Sp please don’t patronise me … I have greater knowledge of this company than a lot posting here and I trust my judgement.

If people are in for the short term or are heavily underwater I get the frustration but this BMN story is far from being completed. Timelines are certainly stretched but much of that is due to factors beyond what the company can control.

I am quite happy for people to insult me if they wish but please don’t underestimate what I know and understand about this company and it’s CEO.

Cindercone I get what you are saying and completely understand your frustration. The issue is that you don’t know why we are spot some extent in the dark, particularly over BE.

NDAs are very annoying for us but they serve a purpose. If the lack of info is not about lack of progress but about what they are not allowed to say that then paints a very different picture to a company not doing anything. I think it is the former but that is why I do not condemn on the basis of what I don’t know.

Haha ok have it your way offmessage. I apologise for using logic and facts to make a rational argument. I guarantee it will happen again.

Not so Cindercone. Like the rest of us your only real issue other than share price is that you don’t know all that is happening behind the scenes. In fact the rest of the market has the same problem. Once we know what progress is or isn’t being made on BE etc that would be the time for those so inclined to make their protest.

Going to look a bit silly if moves are made against BoD or bonuses just as perhaps big move possibly involving new broker is announced.

I cannot support any action based purely on what we don’t know. Makes no sense.

A# for the share price well in 2016 we didn’t know much and sp bottomed out at less than 1.5p.

By late 2018 the market knew a lot more including Vametco purchase which allowed BMN to benefit from high V price and bingo … 48p plus.

I will judge the BoD on what I do know about the business and so far it is looking good for delivering their vertically integrated vanadium platform. That is the big picture that everyone should be looking at, and something this big takes time to deliver.

Just my opinion.

Forgive me offmessage but you must include context when making such statements or they can be misleading. At Vanchem output was indeed down in Q1 as Kiln 1 approached the end of its current useful life. However you must not use that to project forward for the full year as subsequent Qs will have Kiln 3 delivering, not Kiln 1. You have taken Q1 group production of 972mtV and x 4 to project 3888 mtV but you cannot do that for the reason given above.

In fact in the same Q1 Update the company reiterate the production guidance as follows:

“The Group production guidance of between 4,200 mtV and 4,400 mtV is weighted towards the second half of the year, based on the commissioning of Kiln 3 which has commenced. Kiln 3 will more than double Vanchem's production run rate once fully ramped up, with Bushveld targeting an annualised steady state production run rate of between 5,000 mtVp.a. and 5,400 mtVp.a. by the end of 2022.”

I would like to think they know more about this than you do so I think your 3888 mtV is somewhat fanciful based upon what we know or has been projected.

To say that at present output from Kiln 3 is a little uncertain is rather stating the ble*ding obvious and a little unnecessary until the first set of data is published. Until then the only relevant data is the projected numbers and they look fine don’t you agree?

Rather than trying to reinforce negativity why not do the logical thing and wait for confirmation of progress and numbers at Kiln 3. Then we can have a serious debate. Otherwise it just comes across as an attempt at scaremongering, even if that is absolutely not what you are trying to do.