Member Info for riptonk

The big boys are going to make loads of money because their entry is a lot lower than mine, and most.

Dollar buys you 17.95 rands - a 2 year high.

This is the same size as those posted the other day.
https://importkey.com/search/vametco

Yeah - those two had a monopoly on lies. Thank God for the sincerity of all our other leaders.

Thank you. Do you know of anywhere else, paid or otherwise, that I might be able to get similar info?

Sorry Paludina but where are you getting this information from?

Apols if already posted: https://importkey.com/search/vametco

Zitty - we don't know about profits. FAR have an opportunity to put together a highly efficient mining operation and they have sound leadership in my opinion. I much prefer our jurisdiction but I wish all vanadium miners well whatever the case.

Zitty - the share price in your example is irrelevant because each company issues a different number of shares at different prices. FAR issued 378m shares or thereabouts and so the value of the company is 50m. BMN on this day have 1.2bn shares issued so the company is valued by the market at a value of 89m.

I think the SP recently has pleased them a lot.

keeps alluding to rising vanadium demand. I want to see it.

'Strong cash generation is pointless if they just leave it in the bank'.
The unknowns are windfall taxes, the price of oil and gas in the medium and longer term and therefore the cost of further asset purchases. This business is finished soon if we do not buy or develop but we can't rush in now and so the decisions here make perfect sense. Today we have probably added around $600,000 to the cash pile at todays prices and the SP is down 7%. Insane times. We will add $4.2m this week.

If the cash pile was left alone then it looks to build at $3m per week at $100 oil price.

And a couple of weeks ago you told us it wasn't in our interests to get rain because that would increase regional production and lower local prices. With that logic, we'd be better in a desert. Not sure you are cut out for this game Darien.

Start of April was 6391 versus 6600 now.

Mikinaman - that puts the MC at about 3bn which is not so outrageous but someone needs to go faster!

And it's been raining. I think finances will look good for H1 and better still in H2.

This is nuts. Literally.

I don't have the Mail link but it is a report on the same speech which featured in the Telegraph yesterday. https://www.telegraph.co.uk/business/2022/05/24/chinas-dominance-critical-minerals-may-dangerous-europe-russias/

https://www.telegraph.co.uk/business/2022/05/24/chinas-dominance-critical-minerals-may-dangerous-europe-russias/

Everywhere in the region yes. But not world prices. We want a large FFB crop. It would be a bizarre business idea otherwise.