Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
w.r.t point 2 - The share price could be 87p then (Divi news, VRFB news, Producition sorted, Lemur, etc.,) and they might do a placing at 80p - you're right - I'd better hang on until then otherwise I might lose 7p per share.
Wow, our furry friends seem to be very active at the moment on this board and the on the other board.
Its pretty obvious that they seriously believe that BMN is overvalued, despite the overwhelming fundamental data that suggests that at the very worse the share price should be around 48p a share, and because they believe its overvalued they are trying to create negative sentiment to drive the share price down, and profit from the downwards movement.
It's indicative of todays society that these people are trying to make money by stoking up and playing on the fears of genuine investors in forward looking technologies.
An interesting and insightful post from the SAM BB by Ma5k - which I respect.
"If I had to sum it up I guess I'd use the mantra "invest in fundamentals; trade on technicals"
Having said that I have personally largely rejected 'investing' which (absolutely no offence intended) I now consider, on purely financial grounds at least, folly. While I have the deepest respect for LTHs who have thoroughly researched a share and believe 'the story', it makes no logical sense to me to continue holding a share once a falling market has been identified. If a share is a 'keeper' then selling at (or as close to as possible) the top and buying back at the bottom will allow the accumulation of more shares providing material gain in a falling market without shorting. If a share falls 20% after selling you can then buy 25% more shares at the bottom with the proceeds and gain the full benefit of that increased holding through the subsequent rise. I used to invest when I started out but invariably lost money. It is only when I overcame my prejudice and actually listened to a thoroughly vile deramper (who took great pleasure in mocking LTHs) that I realised the underlying premise made perfect sense. To put it horribly bluntly "a LTH is a failed trader". Obviously that is an incredibly harsh viewpoint and not one that sits comfortably with me, but there is nevertheless a hidden thread of truth within that gross sentiment and one which has profoundly improved my success at consistent profitability.
And herein lies the crux of an important moral dilemma as I see it. Without loyal LTHs companies would fail and there would be nothing left to trade. If everybody selfishly traded every high and low then instability would swiftly be exaggerated to the point of destruction. It is the LTHs who provide the critical support on which traders rely. While successfully trading every high & low will inevitably bring significantly higher returns than holding through the lows I would argue that it is the holders who most deserve the reward. On a purely monetary basis investing is inevitably a loss-making indulgence (even if you see a profit over time you are nevertheless 'giving away' the fruits of playing the volatility to your advantage), yet I am of the firm belief that while necessary in a predominantly capitalistic society, money is of incredibly low value in the context of life as a whole. So while Iin the short-term I concentrate on cold rational profitability through trading unemotionally, I very much hope I will in time afford the luxury of indulging in investing. To me trading is about hard-headedly paying the bills and putting food on the table but investing is about lending your support to something in which you believe and as a result being instrumental to its success - imho far greater reward than financial.
In the meantime I trade & I trade predominantly on technicals because I have found this to be most reliable & lucrative."
They used to refer to Nitrovan as being patented, but it isn't mentioned as being patented in the Admissions document from Nov 2017, and the Bushveld Minerals website refers to it as Vametcos trademark Vanadium Nitride product. The last reference I can see to NItrovan being patented is in the annual report issued in August 2017. I'm inclined to believe that it's not patented - Perhaps a question for the board when the next opportunity arises. It's no big deal - its not a unique product, which is probably why the premium is 5% over Vanadium to reflect the additional production cost, rather than to reflect its strengthening abilities over and above Vanadium on its own. If we charged too much premium on it, it wouldn't be competitive against other Vanadium Nitride products.
Loudspeaker - Out patent is just for a specific mix of Vanadium and Nitrogen - There are other mixes available from other suppliers, so unfortunately we do not have an exclusive product. e.g. http://www.kingstonecn.com/nitrovan.htm