Member Info for qwertyqwer25

Out. Looks all good. No VAS write off Krok. You were worried for no reason. Write off could happen if the court case is lost not before. More drills planned too. This is going to become a very expensive takeover for Kelda if he waits much longer if that is of course what he is after

Well lets hope FM can release the newsflow that will let this happen over the coming weeks.

What realistically could end these games by the MMs? It seems like they can hold the price at whatever level they want. Would it take a flurry of big buy orders to get them moving or would that just result in a NT.

Should be this week hopefully. I think there is barely any free float left in this share hence the crazy moves like today.

is a shame the momentum has been ripped out of this fantastic share with the recent games aided by the recent missed deadlines by the BoD. Hopefully the newsflow will start again but it does look like a large short needs to close hence the price being held here.

Is this about? I see no RNS

Assume you mean £25m more market cap. Colter is harder to monetize hence no value given to it but WN is onshore and much easier to develop so on success it should get a decent value attributed but probably not £25m or more until it is sold. Cali alone should be worth £40m once all the wells are on production and £75m once MS is fully developed with another WB well also online. I also expect MS to be bigger than estimated from the 2 drills being better than expected. This is based on us achieving 1500 bpd from Cali and a conservative free cashflow of £15 a barrel, producing 90% of the year for £7.5m free cash a year. Add potential Parta cashflow to that and it’s not hard to see how this can become a £100m market cap business. Won’t happen overnight though!

this hits oil on the first 70% CoS appraisal drill it should boost 2P reserves to over 100 mboe. We wont be sitting below £1 at that point for sure. Second well is a production well. Third well is a another appraisal with over 50% CoS and that coming in too would make I3E the share of the year. 200mboe would produce at up to 60,000 bpd and annual revenues of over $1b annual revenue at $55 oil.

A court order to halt production is not equivalent to being stripped of a license so i don't see where you get that idea from.

think the JSE listing just allows more investors on board from SA including institutions. The SP might achieve a better PE ratio compared to AIM hence i see a positive impact on the SP but not anything drastically different. Getting off AIM eventually is the only way to avoid the games and shorting activity here but as long as the BoD continue to deliver i don't think the shorting can succeed longer term. I've completely cut back my expectations for BMN in terms of SP following the recent SP action but if the key things go to plan (2019 average V price around $65-75, improving production towards nameplate, electrolyte plant construction, Vametco solar power system, ESKOM bids, JSE listing and maybe other renewable tie-ups) i can see a SP of £1 by this time next year which is a fantastic return. There is other potential news that could accelerate value creation i will be happy with 60-70p year end 2019 all going well. Hopefully the battery business will be valued more like a very high growth tech business and command a much higher PE compared to the mining business

I think there will be a scramble to buys shares when figures are released assuming they are good. Still think Cali fair value should be around 1p once VG4 fully ramped up and 2 MS wells tested and online. Then there needs to be some value for the other assets in the portfolio. WN gas success should get us up to 1.5p and WN oil i am ignoring as its v likely to be a duster at the CoS. Further value will come from another VG well and a MS drilling plan as well as parta. So my target is 2p this year from Cali, WN gas success and parta success alone.

looking diabolical for what everyone says that could be achieved here. I think the hopes and dreams of £1+ are just that. Looking for 40-50p as a more realistic target. I expect more dilution too which could erase the £1+ dreams. Matter of holding for news but this is the riskiest punt i've taken in a while. Hoping it turns out better than 40-50p but that's just my target for now on a good RNS. Stop loss below 20p. GLA

Niobium substitution can only help up to the point it’s price starts to rise substantially too as it has a constrained supply also.

I’m quite confident that the Chinese stone coal production increase that was explained at the recent Vanitec conference will not be profitable at these prices or even $60-$70 so I expect prices to creep up to that (or surge as there are no inventories left proven by last years rapid rise to over $100). I also think the recent sharp drop could have been the ramp up of stone coal at the same time as dropping demand in the winter making the situation worse. It would be interesting to see another price surge to over $100 by mid year to see how much of an impact stone coal can make when demand is still strong. It would be nice to get an equilibrium where stone coal can quickly react to prices going above $80-90 for example and stop spikes and subsequent crashes. Even better solution would be the increase in supply from BMN plans but that is a multi year project as we know.

Sanchez, the educated ones are those who come here and warn us that V prices are going to drop substantially when prices were over $100. The ones posting now after prices have dropped are like the people who can tell you the champions league final result the day after the final.

You need to research this share before making comments like that or you will look stupid. When V prices tripled the share price did not triple so why do you think it will follow the price back down proportionately

Oh you didn’t like me deramping a share you are invested in huh? Why don’t you go away and stop deramping a share you aren’t even invested in. I’m not a low life like you and will not deramp for fun on the CASP board.

a bit like CASP really. It’s plunging and probably will buy in around 1.5p as nothing is happening for a while. I guess BMN at least has huge revenue unlike CASP which could go bust if it’s drill is a duster.

Considering RPT are able to drill multiple wells i think they will spud 1 or 2 more this year and success would boost production nicely. I would hope they can get production increased 50% and be sitting on $120m cash by YE 2020 with $50m cash build annually giving £1 SP.

I doubt the FCA will do anything worthwhile. The only solution i can see is to ban shorting on AIM purely due to low liquidity and the benefit it has to manipulation As for the SP a recovery in V prices or significant news from FM is what will get us back into the 30's and beyond. FeV back at $70 would bring a lot of relief to the SP. Hopefully it can get there over the next 2 months and stabilise.