Member Info for prussell1963

Yep, fair point PDub, cannot disagree with your comments and views. I still come back to the point made previously that even with the notable points you and others make regards future potential and turnaround possibilities, they are still ongoing jam tomorrow (sorry I know thats an unpopular phrase!) statements. There has been huge strides made in company structure etc all pointed out by you and other posters, but the simple yet important result is a massive downturn in SP when other V miners have not fared same. I dont have the in depth knowledge of some posters re BMN, thats why I visit the site and "contribute" but dont want to add to my own jam tomorrow philosophy. I want BMN to fly on sound winds, but again, even with great insight and reporting of progress- it isn't doing so, and I dont believe will do so for a good while. So I take all the criticism on the chin , but stand by the fact that BMN is a disappointment and in short / medium term I believe will remain so. I take a very simple and yes uninformed (at times!) view, and despite all the rhetoric, no one can deny the stand out statistic is the demise of the SP, EVEN with all the good data available.

Faramog, thanks for your post, I much prefer responding to similar rather than some of the vitriolic messages encountered when i simply voice an opinion. I am not bemoaning my predicament, I went in with my eyes open and simply didnt get it right for either my or market downturn reasons, this happens and i am comfortable with it. I am also too tight to sell out at a loss and thankfully dont need the BMN return to materially fact my life, so am prepared to wait and hopefully see the good news turn into good fact. My 2 real gripes are simply that a) BMN has disappointed and thats clear for all to see over last handful of years and a 56% reduction in share price should draw some comment and opinion without many negative posts b) the BB does have some great, in depth well constructed content, its a shame that it does appear to be in the minority of post numbers.

No one responding should feel I am bitter and twisted, I am not, i got my pick wrong and can live with that - no issue. I simply point out an ongoing deterioration in SP DESPITE improvement in dept / plant rejeuvenations etc. There is a group of posters on BMN the like not seen on other BB and thats a shame to what is also (in between the vitriol!) is also one of the most well commented. Wheat and chaff I suppose.

Thanks HalseSpur for proving the point!

As one of the now infrequent visitors to BMN BB, I return on my bi-monthly review. As per my previous posts, there is some great responses, well thought out views and good insight, HOWEVER BMN continues to dissappoint regards SP increase. I also see many of better possibilities later this year ( we are already nearly in Nov) or for 2022, which I sincerley hope so as a holder of BMN. I continue on my "jam tomorrow" soap box, and nothing in SP progress warrants me to change anything previously said. When I last posted there was a degree of overly harsh responses (I can take that, I have broad shoulders, you need them in share ownership!) but I always felt the BMN BB was much harder than many others on lse. I compare BMN against the other V miner I was considering (Evraz) when I purchased BMN nearly 2 years ago and sadly feel I backed the wrong horse. In last 6 months alone BMN has fallen 25% whereas Evraz was at 644p, fell to 540p and recovered to 646p and paid substantial dividends (usd300 M per annum targetted according to corporate website). BMN has gone from 14p to 9.1p and still languishes at 9.9p with no shareholder benefits. I offer this simply as a comparison and not as hindsight statement as I was lambasted for on last post.
Whichever way I see it, even with good news BMN has not made any gains in 2021 (on 8/01/21 the share price was 23p!) and continues to disappoint in a major fashion. Another worry I always table is that as soon as SP does show sign of recovery, many will sell to recover their investment in a languishing performer and this departure will continue to hamper any decent SP recovery. Jam tomorrow doesnt cut in anymore and BMN needs a period of sustained recovery and a show fo faith in a company that has lost approx 56% of its share price value in 10 months. There must be many holders of BMN who purchaseand now feel that we do in fact need more than "jam tomorrow"

Knutsfordnotary: As this is a similar themed post to that of 2 months ago I expect the same brutal treatment, hence my infrequent engagement on this BB.

Well, as predicted. As one of my concerns was the BB content its a great shame that the responses have proven my case. It would have been a breath offresh air if any of the responses had a positive element. All I did was state what is there for all to see. I wasnt "spreading misery", just a clear and factual overview. Seems that again my thoughts on the BB content dogged by attacks has proven me correct, but I wont add further to personal responses. I hope SP rises, thats why I invested, simple as that.

As a member of a few BB on LSE, the BMN is really the most acidic, and also well researcehed, I suppose I have to take the pluses and minuses and try to filter out the negs. Shame that balanced contributors get such treatment. Best oif luck all with BMN endeavours.

Highfly / Ade, your views put me between a rock and a hard place! I was going to post a question regards the likliehood of SP returning to its 330p highs or havs the optimism settled the price at its 260-270p range?? So I read that Highfly believs 330p+ may be on the horizon, yet Ade see SP declining again!!
In a nutshell, I suppose thats investing ........ DYOR, back yourself and your reasons for buying and try not to be panicked or worried when a contrary view is posted, take a longer term view on returns (what happens if I miss the peak/troughs)...... Oh my gosh, its a nightmare not for the faint hearted!

Well, here I am again with my periodic return to BMN, seems little has changed in the 2 months sinc emy last visit. A) BB again has issues with posters and behaviour B) some informative and well structured posts, C) share price continues to underperform and languish in the doldrums. D) "jam tomorrow" statement dog this share/company.
I expect that history repeats itself, I state the blindingly obvious (above) and get negative comments in response.

I hope that BMN starts to deliver, but I have had that hope for 12-18 months now and its been dashed time and time again. My forecast remains that as soon as SP returns North of 17p then many disgruntled PI's will dicth holding creating the ongoing pressure on sustained SP recovery. Sorry to say that I will be one of them, but before the wailers start on me, I genuinely took a position in BMN for the medium / long term (3 to 5 years) but halfway thru this my investment as roughly halved!!

See you all in another 2 months, my monies remains on that nothing much will have changed on all points!

Would be interesting reading if the Lionel overview was updated, now that SP is struggling to claw above 12p and maintain this level. I wonder if he changes his views in the face of ongoing SP reduction. Somewhere, for some reason, someone doesnt like this company and despite all the harrumphing regards its business, ultimately it cannot deliver a growing, resilient share price and seems to be the home of top up, very few of whom actually see the forecast profits. I am now very wary regards BMN articles, they all promise "jam tomorrow", I espcially wonder about those hwo posted 100p by end 2021. Ultimately, even if a well run business, investors place their cash albeit specutively, but ultimately on the need for SP growth, thats what pays the bills, not well written articles. I hope BMN prospers, I think like others have agreed, its stuck in a cyclical rut, as soon as the price firms near 20p-22p there will be a wave of sells which will keep pressure on the SP. Whilst BMN investors have had not even crumbs of comfort, many other V-producers have strengthened over last 12-18 months. I recvently read that Evraz has increased its 2020-YTD2021 SP by 25% and is paying a very healthy dividend. We BMN investors are a long way from that on our investments. Think I picked the uglier sister of the 2, swayed by all the gloss and glamour BMN carried!! Typical bloke really!

The BMN roller coast ride continues, but mostly on the screeming downs rather than the breath recovering ups!! My previously posted views seem to be holding water, they are that a) there is a growing disatisfaction of BMN SP performance, even on positive results and investors are losing patience and selling out, which of course only makes the SP issue worse b) despite the positive posts surrounding VRFB / V - prices / SA Elec storage projects and most things surrounding BMN, the price cannot recover. My investment has now virtually halved and I would be among the sellers if I wasnt too tight to take the loss. c) "jam tomorrow" statements are not able to calm nerves and see a SP rise. It's a worry when many stockholders loose faith in a company as it leads to a negativity hugely difficult to shake off, emotionally at least. I have purchasd at 19p and 15p but would gladly depart at 15p returning captital to other targets and projects. Shame, I really thought that BMN had something to offer, i was right, but it was only disappointment. If I dont sell on a small recovery then its a "bottom drawer" position for 3-5 years. I for one dont see a 100% share price increase to 20p in near future, but based on my interest and investment in BMN I will probably be wrong on that also! On a final point, I havent seen many posts from the euphoric camp who in early 2021 were strong on a 100p share price. Off to lick my BMN / GGP wounds and clean the golf clubs for tomorrow, at least I stand a chance of winning £3 at that!

Ninvestor, i too have moved from the field of play onto the sidelines continuing the current football excitement dialogue. When I looked hard at BMN I saw rising market and rising prices in that market, rising demand and an opportunity to gtet onboard what was at the time a winning product, VRFB battery storage. I saw hundreds of positive posts (although viewed with caution, I am not that green!) stating one reason and another why good times were just around the corner, jam tromorrow etc or that PI's should blame MM's and II for manipulating the price. I was even chided when I said that the forecast 100p by year end was a pipe dream, told to clear off back to Evraz who have generated a 25% growth in SP and were payinmg one of the healthiest divi's on FTSE. Seems some didnt like the comparison and contrast I offered as a benchmark. I am in at 19p and in truth will look to recover and depart, its been not so much a bruising ride, but a disappointing one after such early promise. It will be interesting to see if the SP tests 10p again how many rally against the Board. Unfortunately I have learned to my cost that if it walks like a duck and quacks like a duck then ........... BMN goes on my growing pile of revisit in 12 months and see if i got my investment back..... its very bad when even a cash ISA at 0.01% is a better investment option!!!!

Back on one of my infrequent visits to BMN BB, simply because since investing 2 years ago and some small top up's, BMN has been a huge disappointment SP performance-wise. For the time of involvement many more educated re BMN/mining/ VRFB subjects have stated it will all come good, ie my familiar "jam tomorrow" statement complaint, whereas in reality BMN has only lurched downwards on the back of various issues. Can you really keep topping up in a downward spiral as the price is ever downwards?? Sure the point of topping up is to take advantage of an upswing in SP, something BMN hasnt delivered in too long a time. My question really is, is BMN going to the dogs and despite all the highly informed previous postings, rising production figures, rising V prices, it is really a poorly run buisness which will never deliver stellar returs and simply offer mediocre returns a a highly active Bulletin Board forum. When will we actually make some return on BMN!

"Well pick the bones out of that......" is often heard around Company Results / RNS, they also seem to subscribe to the Kick / Kiss / Kick delivery strategy...... the bad news wrapped up in a few given positives and the promise of "jam tomorrow" which I am afraid is an ongoing theme of mine with BMN after ongoin SP retrenchment. However, the day starts with a significant amount of Buy orders, probably as 14.5p is an attractive get in price on the chance that 2H2021 and beyond actually does deliver the jam. Very dissapointing based on late 2020 V-price strengthening. Its a quandry wherther to keep "buying on the dips", at some point you either run out of investment cash or understand that there is no SP growth for a reason, you just havent fathomed out why yet!! My position in BMN was opened at 18.5p which a speculative amount, which I then had to buy more stock at when it reached 14.9p simply to average down my position hoping that should poo happen, i could get out earlier with some but less bruising! I hope that the bad news / production issues etc are behind us and we get a sustained production run at sustained high V prices, BMN needs an infusion of positivity, otherwise I hear the Dr shouting "stand clear" as the paddles are fired up! Sorry to say it (again!) but Evraz has delivered far better results and is one of the most attractive Divi payers in FTSE100 and share price growth over 2 years has been circa 25%, BMN is languishing even stagnating......... c'mon Fortune, make something happen!!

Fully agree. After 12 month holding and the damp squib of recent Special Divi I have decided to dump TSCO ASAP. Whilst a decent Divi payer, not using the invested cash in other more progressive stocks offsets the Divi. If there was a list of most boring stocks I am sure tsco would be very near the top. Just sitting on the invested cash and watching it bounce around 220p and 230p makes me feel like a failing investor. I must liquidate and press forward. Poor TSCO, it seems whatever its sector does, it languishes. Any ideas as to what will give it the kick in the pants the SP needs would make interesting reading.

i posted a few days ago about how BMN as a share price (not company) confounds many, myself included. Rarely have I seen such favourable conditions for a company product/output, a near perfect rising market price, great contracts in the offing, colaboration with Governments to develop and now actually build VRFB storage facilities all supported by great, insightful research etc, yet the share price stinks!! Virtually any other comapnies SP in most other sectors would have seen some positivity over recent weeks with all the press etc, and coincidentally many other V producers have seen a positive lift, but BMN has gone from stagnation to regression. Whilst all the familiar posters will doubtlessly continue to claim fantastic future outlook and results are just around the corner etc (jam tomorrow!) could it be, coulkd it just be that the big sellers and II's actually know something the posters and PI's dont?? Could we be blinded by our own investment in BMN and a degree however small of blind faith?? Something is wrong when a company cannot prosper when all the recent positives are aligned and a government contract is agreed and commenced ....... and I am not a conspiracy theorist!! Elvis is dead, and we did walk on the moon, I think!!

BBN, thanks and a fair response. Further issues BMN may face from smaller PI's is one of attractiveness. If a PI has £5k to invest, the choices for many would be a FTSE100 company, such as Aviva offering steady SP growth, 7% dividend and little chance of total investment loss, or a more speculative investment, example GGP who had huge press in 2020 and continue to have good press regards Haviron potential, or possible BMN which, taking out other factors listed could easily be viewed as a punt stock. Alternatively, the likes of Fundsmith / Blue Whale etc have delivered mid 20% returns. So why BMN?? Agree its probably an AIM stock for the well informed who DYOR etc but again, looking at recent trades, its a sea of mainly red and especially when volume is considered. I agree that BMN should see future traction and improvement, however there is a feeling of languishing which I feel dogs BMN. If not jam tomorrow, i hope then for blue skies, and BMN can fly in them (mixing metaphors etc!!) Fingers crossed and both mind and ears open!

Again, as a BMN holder, I dont want to be a Negative Nelly, however despite all the positive posts or recent week, the best and most important indicator (to me at least!) is a deteriorating or at best languishing SP. More concerning when other V producers have seen strong gains from Q4/20. An additional concern is that regards recent trades, the big volumes have been SELL and only smaller orders for BUY trades. I ask myself what am I missing?? If its such a good position and the future is more positive, why the ongoing sale of bigger numbers at crap SP. I am assuming these are sellers who originally purchased sub 10p and need profit for a variety of other reasons. This is a share which confounds me and I have posted previously of my thoughts on great research and reasoning posting, but a poor SP return and that majority of posts are in my "jam tomorrow" catagory. Surely, despite or the laudible work on number crunching posts (and I do value them!!) the crucial numer is SP, which no one can claim is performing well in recent months, especially against other V producers. I long for an upswing in BMN SP fortunes, especially as there is so much in the global press about positives for battery storage projects, needs and requirement, but even with this, I have a deflated feeling! Did I back the wrong horse in the Vanadium Stakes!!

So gold price strengths, GGP holders sit on one of the most well publicised and exiting gold sites, and the share price drops 5%? Funny old game this investing lark....

So frustrating to read or the positives around VRFB/BMN/ Renewables and see a raft of blue on the Buy / Sell ratios, but ultimately the share price stagnates and cannot break 16p currently. When I posted recently I was greeted with views of 100p by year end, but if with all the positives BMN cannot hold 16p then there is little chance of a doubling in SP to 30p in next 6 months...... At the time I purchased BMN at 18.5p, Evraz was approx 460p and reached 700p recently, although back at 650p today. BMN gives me a 20% loss, Evraz would have given 45% gain.

Yep, take all the comments in response to my initial post on the chin, there is some great experience, logic and researched views here..... however in a quick response a) i am not a hinsight investor, i bough into BMN wwith eyes open based on the potential of V sales and VRFB developments with a 3-5 year horizon b) regards "jam tomorrow" actually been the core of investing as we hope for better results and share price tomorrow, fully agree, however my point remains that BMN hasnt delivered any jam tomorrow in a long time, not unless you bought in on a recent dip (even then there no meat on the bone, yet!) or you have held since donkeys years ago, I see some are stunned that the price has fallen to 15p from 48p and want back in, but that proves my point, its been a downward trend generally when other V producers have delivered returns against the positive vanadium price rise. Again lots of yes it will come good, which I hope for us all is correct, but I dont support the 100p share price by end of year, a 6 and a half fold increase.... come on guys!! I am flumoxed as to all the great positives I read every day regards current projects, vanadium price rise, shortage of material, II's wantinmg a piece, Vamtec positives, Orion positives, then I look at share price and see the miserable level of 15p. I have my reality check, its in my profit/loss column. I ask with all respect is the big guns on this site may need to just stop and think again why this lurches and languishes. Believe me, i dont want it, but I dont want to be forever topping up thinking I am being cute and clever, there no point if the blooming share prices doesnt rise and deliver a return.

TC good luck with your buy, at 15p you should expect returns........ unfortunately I am in at 18-19p range and as soon as I can recover my outlay will be an ex BMN holder as I can find better opps for my £5k. As I said, if i had taken Evraz my £5k would now be worth £7.4 k in 6 months, whereas with BMN its dropped to £4k and I dont see a stellar return in the short or medium term. Wish all BMN holders well, but expect a period of dumping to happen as many are unhappy with share price performance in Q4/20 and Q1-2/21.