Member Info for RazorShultz

if someone could email simon thompson of IC with some summaries of the excellent research here and how it's undervalued, he might include it in his small cap plays. Like it or not I've seen the effects of his influence on some other shares also, and think he could be a great help for sentiment among the PIs.

For the long term holders (people who were here when this was over 1p in the past) there was never any doubt really. Good to see a lot of positivity returning to the bb!

I was impressed BMN have still been paying full salaries. Balance sheet in a good place, company not financially stressed at all. That's what we want to hear!

How many other small companies can say they're big investors in other companies in the sector? BMN investing in other companies through the VIP is great. A bold comparison, but reminds me a bit of when Buffett first bought textile company Berkshire Hathaway and started investing in insurance companies with it....

The chairman's job is to ensure the CEO is managing the company well, implementing strategy well, and doing a good job overall. The chairman is incentivised to do this better if he has his own skin in the game. If he's concerned about his own shareholding, he wouldn't exactly let bad management slide would he?

"If a chairman has a significant shareholding, is he going to be motivated to take hard decisions and be honest to shareholders or will he first try and cover his own position?"

As a shareholder improving the company's long term value creation will cover his position. And that's the last I'm saying on it. It's generally considered a good thing for all high ups in a company to have a personal stake in the business, and rightly so in my view. If a NED thinks a company will do well in the future and buys because he thinks it will richly reward him, why should anyone be against that?

I bet the fools trying to spread negativity earlier would feel as stupid as they look - if they had any shame, which I don't think they do.

Chrisatrdg good find there, that's quite encouraging! I've had a skim but will have to look into it properly later.

The job of a lawyer and auditor is not to ensure the company's being well managed. The job of a lawyer is to provide legal advice, and the job of an auditor is to audit - to ensure the company has the assets it says it does. The big 4 firms are in constant controversy because they blatantly are not "independent third parties", like the collapse of carillion would suggest, right after KPMG signed off on their accounts.

If the NEDs have a personal stake in the company, they are less likely to let a CEO get away with personal bad performance, due to the jovial relationship a CEO usually has with the board and NEDs. I don't see it as a dual edged sword because they are encouraged only to ensure the company is well managed, if they have their own money on the line.

Christatrdg no one cares about what Simple Wall Street says - they generate reports based on publically available information, and they're often wrong. Another worthless troll on another BB I frequent just brought SWS up too in an attempt to spread negativity.

Looking down the BB at the moment, it's mainly people saying stupid things. Not surprised given the weakness of the trolling that goes on here. I suggest people listen to Radders99, he's right on the nail with his post saying the analysis isn't based on anything with depth.

It's not contradictory, droderick. a NED's, and indeed the board's job is to hold the CEO accountable and ensure competent management of the company. Anyone who has their own skin in the game, therefore has a vested interest to ensure the company is as well managed as possible, in order to create long term value and benefit for the shareholders. Nothing keeps a person so honest as having a personal stake in the success of a company.

SOLG isn't really an impressive company compared to BMN, and there wasn't really anything negative in this morning's RNS. It's a highly profitable company with the biggest and best vanadium mines in the world, so in the mining respect alone it is equal to SOLG.

But the company also has plans to become a world leader in a very young industry, which is large scale battery energy storage. This is a very new and growing technology and after Covid19 is done with, climate change will go back to being the #1 global concern. The company therefore have multiple income streams, and they are not a mediocre business in both these streams - they are/will be absolute top tier, as far as the research done here and the RNSs show.

Don't really see how anyone can be particularly impressed with SOLG when compared to BMN, if they have the knowledge from reading the RNS. BMN don't need or want involvement or investment from super large mining companies to fund its operations either.

Right, let's have a discussion on how we think the future of the business will be. My first thought is that no one will want a loan or to think of saving now, and that people who have loans might not be able to service them, leading to us swimming in defaults and other bad debt.

My other thought is that, some people will be desperate to finance their business with loans to keep them afloat, and so we might still do good business here. What do people think about this?

Forgive my ignorance of chemistry, why is lithium bad in a cold climate? I thought lithium's problem was that it was very flammable

"For the period ended 31 January 2020, the Company's consolidated revenues stood at £515,230. The Company has never before been a revenue generating entity and these revenues are the Company's maiden operating revenues. The Company's management committed to becoming revenue generating by the end of 2019. Within the first 45 days of the Acquisition, management has fulfilled that commitment. Looking ahead, management expects to be in a cash break-even position within the next 12 months."

Just a prompt for those of you who haven't made it that far down into the RNS. Surely this must inspire confidence in the long term holders here!

To further reply to the concerns posted by marine82 about why the timing of H&W acquisition was bad, the RNS says this:

"The Company is of the firm opinion that, as the impact of the COVID-19 outbreak dissipates, there will be a substantially increased demand for dry dock availability. Given that several cruise ship owners are unable to operate their fleet during the COVID-19 crisis, the Company has received enquiries regarding maintenance and refurbishment work being carried out whilst the vessels are idle. "

Please at least read the RNS before starting with the negativity. I suspect it's an alternate account from one of the usual trolls here, considering that was his only post it was quite a pathetic attempt. As I said before, this BB has some of the weakest trolls of any on this site.

Marine82 did you read the part right near the start of the RNS where it says H&W are schedule to break even in 12 months? And I could go on similarly for the rest. Honestly the level of deramping that goes on for this share is awful, none of you are even trying. At least act like you read the stuff that's released.

Alltorque, many are in a similar situation. The thing is, you shouldn't really invest if you think you might need the money anytime soon, in say 5 years or before. I know many have had a dire need of cash due to coronavirus, but I'm very underwater in this investment and I'm keeping the faith due to the excellent info provided by the more knowledgable posters. I am doing exactly that also - nothing. In fact, I'm not even doing that really, because I topped up again at 13p and averaged down somewhat!

I was in profit in this share, to the tune of 5 digits at one point. Now negative to the tune of 5 digits. I believe and hope we will all be rewarded in time

True that Beaufort went down shamefully. But MMs would not regularly engage in illegal manipulation. If they could be caught red handed, reported on, investigated, and found out with damning evidence then it'd be over for them. MMs probably have great knowledge of what's within the law and what isn't, illegal activity can lead to fines which they are well aware of. Companies like protecting their money.

As I said if anyone thinks there's illegal activity going on, you should report it to the FCA who will look into it.

If it isn't legal they probably wouldn't be doing it. If it is illegal, I suggest you contact the FCA now as it may be a year or 2 before they read the email.

mcadder, I was in this company when Sharktooth, M2/M4 were the drilling goals, and this was a copper play. Now all I see people talk about is gold. What happened to the copper, and why would that be any more fruitful? don't want to be negative, but i spent YEARS in this company without seeing anything successful happen. Happy to get back in of course if it's the real deal this time.

I think I have about 735,000 in total, may be more but don't want to overestimate without logging in and checking

I think there's a bit too much hostility going on between people at the moment