Member Info for raffym

SOTRR - Yes that;s what I believe. if the RNS was not issued then we probably wouldn't have been aware of the strike as apart from the RNS there seems to be little information on the internet about it. I think the RNS has caused the drop, although not because the strike has impacted the fundamentals, but because the MM have taken advantage of it for whatever reasons suit them.

I find it hard to believe that sale of say 10m shares over a week (representing 0.1% of a company) can drop a share price by 30%

Cindercone - transparency is what's got the share price into this situation :-) - You want more?

"For me, far more important than any income lost (or otherwise) through strike action is the way this situation is handled by the board" and "So this needs to be sorted fast" - Whats your reccommendation as a shareholder - give the strikers what they want?

Yes - de-rampers/trolls!

I'm going to email the FCA for what's it worth - I'm also going to include the user names of the deliberate rampers that we've seen on this board - the ones that have been active since the Q2 RNS. Looking at the FCA site the email address is:-

"If you are not a firm, trading venue, whistleblower or consumer but want to contact us about market abuse you can email market.abuse@fca.org.uk. Note we review all emails but cannot discuss further details with you."

Excellent article Alfacomp.

It illustrates very clearly trade based market manipulation to drive the share price down, presumably in order to support a short.

Thanks - I made the inverse calculation - its reduced by 29%. It would take a 41% increase in profit to get back to £240 profit.

onefcc - 1000 shares bought at 4p = £40. Price goes up to 28p so 1000 shares are now worth £280 giving £240 profit.

Price drops to 21p so 1000 shares are now worth £210 and profit is now £170. 240/170 = 1.41 therefore profit has reduced by 41%

Yes - I can definitely see your viewpoint!

It's interesting that the most negative appear to be mainly LTH who are significantly better off as a result of their BMN investment. There are many who have bought recently who are underwater and appear to be more positive.

However, we all have the right to criticize, and yes, PR and news flow does need to be better - however I suspect its unlikely to change.

From my perspective the share price obsessed PI wants to see good PR so that the current share price reflects 100% true value, whereas the BMN management probably wants to focus on Vametco expansion, Brits, Mokopone and Lemur rather than the current share price. Give it time.

As for strikes/protests - we are always going to have them for a SA company, and they should really be factored into our models. It's difficult for the company to prevent them, however as long as they a re minimized and handled correctly by the company, then it shouldn't, apart from jittery PI's, affect the SP too much.

MTJK - I can see no evidence of anyone condemning McMuff, only comments suggesting he is always negative, which does appear to be the case.

Yes Tyfoon - although it seemed a bit obvious - postng a link top something that to the uneducated could be seen as having an impact on BMN's sales. The guy was determined to post that link and made several attempts, however like most of that ilk did not have the courtesy to thank anyone who made replies, or engage further on the discussion. He hadn't either bothered to check if the link had been posted earlier (it was by alfacomp) before he attempted to post it. He'll back, with another question no doubt.

If the resource proves up, they can get mining rights, and can finance extraction and processing then in 3 or 4 years time there might be another producer to help feed the vanadium demand for VRFB production. It won't happen overnight though so no immediate concerns.

In my mind the market is currently private investors only, and the MM will only respond to what they want. Personally I think more institutional investment will not occur until profit figures are published in the half year and/or half year returns. As for private investors - too many speculators on AIM and not enough long term investors, consequently we don't have enough buyers to maintain buying pressure and put up the share price. It's frustrating, but there's bugger all we can do about it apart from whinge and whine.

Sorry, shouldn’t have responded. Another newbie intent on creating negative sentiment in order to profit from other people.

Errm - you need to expend energy in order to produce hydrogen. Don’t forget to factor that, plus distribution and storage costs, into any comparisons.

Well we've just had an RNS where the directors have rewarded themselves (fairly) which has added some more dilution - the seller(s) may well have misread the reaction to this and expected a drop in share price - ideal opportunity for a short.

Good luck for tomorrow Knuttie. Hope all turms out well.

Not topping up - all in! - Just waiting for the share price to realise true value, and for the news to raise that value.

I'd be interested in hearing more details of your viewpoint. What benefit is there for being listed on the main market? II are either interested, or not - ASOS has II and they are AIM, as are many other companies. I feel II will invest when they feel that the Vanadium price increases are to stay, and are not a spike. They may also be waiting for the half year or next years returns. Dividends are coming, regardless of the market, and as for takeover - I feel any takeover would result in long term investors being short sold - this share could go to £4+ in under 5 years, a takeover would return far less.