Member Info for qwertyqwer25

to wait till news. Drop is annoying but this is AIM. If its bad news then the drop would be a leak most likely and this will go down in my books as one of my worst investments of all time. I hope we can hit some oil in the first two wells as i have low expectations for the next two. Worst case this company goes to zero on a 100% duster and i have positioned such that scenario wont kill me.

Like we are pricing in for bad news. Let’s hope there are no leaks here and we can strike oil on at least one well. Prepared to either lose my entire investment or make a big gain. There is is no middle point here

On the other hand Mastermines tweeted that china steel producers are reluctant to return to Vandium from Niobium due to price volatility. This should suppress V prices and ensure stability which will boost VRFB uptake! Anyone have data on Niobium stockpiles and how quickly they are burning through and I wonder if there will be a niobium super spike which will lead to a mass return to vanadium for Steel strengthening by China.
producers.

How many years did it take for Apple to pay a dividend? Things change. Vanchem May have become available after they planned the maiden dividend and then realised the money was best used elsewhere. Seems like you only get mining licenses in SA these days if you can prove you have the money and intention to build an operating mine. That’s why IRON are trying to dump their asset to someone else as no one will fund their mine. I presume they are hoping some prospective buyers will not do their due diligence.

Do we expect to hear first news on drilling results?

Well at least it won’t last forever. Someday BMN will be large enough that Fortune takes it out of AIM and the games will reduce.

Ok what you remaining invested for then. Let’s talk positives for once

What did you expect? Reserves to magically multiply by 100? You are the most despondent poster on all of LSE. Can’t believe you actually hold any shares here because if i was negative as you are I wouldn’t be expecting north of 35p on this share ever so I’d be selling out right now.

Hope not. Would be pretty upset if a 30p hostile bid was successful.

Down we get smashed again. Some big shorter really hates BMN or is driving the price down to enable a cheap TO for his/her mates. Can’t see what else could be going on here...

Makes a lot of sense and I’ve had the same opinion for a while. Just fun and games we have to put up with for a while as Fortune delivers the plan. Apple didn’t become the company it is in 1 or 2 years and BMN will not either but in 2 years it will be in a very different place and more so in 5 years

Be nice to get some director buys tbh if the current share price is a bargain. Fortune already has plenty shares but some of the others could buy a few.

Alfa. My post was not clear. I do believe that demand likely outstrips normal production but due to the high prices I believe other production has been turned on from random by product stockpiles around the world. I can’t imagine these are very profitable at today’s prices and they will turn off at some point but that will be evidenced by a further rise in V prices. If prices don’t rise I look forward to terry Perles view at year end about why things didn’t pan out like he expected.

Interesting indeed. I have thought for a while now that supply of V must be plentiful for such a sustained drop in V prices. Terry Perles got it very wrong but this is good news for VRFB and hopefully prices will remain below $60 for many years to come. Once BMN production increases and costs fall it will be able to deal with lower V prices even better and I hope this also kills off the chances of other V mines getting built around the world. The SP is still undervalued but the near £1 price target by our broker is way out of reality in the short term. I expect the mining business will be worth 50p in the medium term and the VRFB business hopefully worth in the £’s over the coming years.

Have completed a 62% retrace from the move up to 50p late last year. In fact it’s a double bottom and for those who follow EW I believe we should now begin wave 3 which will take us to 94p or 140p depending on the wave extension. No matter how fabulous the company fundamentals are EW always will determine the SP moves. Don’t expect it to get there in 1 or 2 months. Likely to be a 1 year or more journey but I am positive we will get there.

Yah who cares about the SP. As long as the company makes progress as expected things will go well longer term. The reason for the current SP is that it is listed on the casino market which many big players will just avoid at all cost. V price rise has failed to materialise also for now so profitability is reduced compared to last year. Market sees no value in BE but that will come in time when we get first orders etc.

My lord. MATD has delivered well ahead of my expectations. Could this be a change in fortunes for a 100% duster company. Lets hope so and we can get back above my 9.2p average. Certainly good value buy at these levels now that we have resumed drilling.

Holy Christ! Has anyone looked at the shocking IRON website! I could build that in a few hours. Total lack of detail and inability to progress so looking to sell! A smart suitor would know to let the company run out of cash before snapping it up for nothing.

start to the day. I guess those that expected an RNS are dumping. I'm not to optimisitic the delay will be sorted that quickly but its up to MB to prove me wrong.

Could be good for IRON shareholders but it would be a dumb decision by the buyer as they wont get a mining license for another decade considering the SA environment. Therefore any sale would come with a heavy discount to take that into account but above 1p would be good for anyone in from the lows.