The last year has shown that the only market they are interested in creating is one for themselves. They have cost countless PI's thousands by this year long campaign to destroy the share price.
The FCA know about this case and have not acted yet. Says it all. It's blatant.
What is also pathetic is the NT for any large amounts at 20.5.
It's not like they don't have a mountain of shares from those coerced out of their shares by the frenzied 'Help for Shorters' charity campaign running in the last few days. They just don't want to sell them at these prices because they know they can get a lot more..
And Vanchem is absolutely entwined with Mokopane as a primary source of feedstock, so those two simply will not be far apart. It has been a while coming, but I suspect we really are not far away from that license now. Especially considering the progress that must be being made on the DFS for the mine, and as yet we haven't heaard about any challenges to the electrolyte plant environmental approval... This company really is about to go through a huge evolution.
Except you literally googled that yourself to see. Google seach result for Vanitec - "Vanitec is a technical/science committee..." If anyone wants to check, just google it and see. Oh dear.
Here's Experts backstory if anyone is interested, which I doubt. It covers his arrival as a holder of 3.4m fictional shares and descent into the bargain basement troll he is today.
If increasing revenue was the sole rationale for generating a positive reaction to an RNS, then a huge number of companies on AIM would never rise to the heights they do.
It really explains why it has also been nigh on impossible for us to recover any lost ground this year regardless of the positive work done by the company and progress made. It also explains why AIM needs to be superceded by the FTSE for BMN. It's so corrupt it makes your skin crawl.
The fact you can buy just before Vanchem completes at prices akin to when the company was facing strikes and wasn't even operating and hadn't expanded ownership of Vametco as it has is just bizarre. Especially having made the money we have since. Despite the fact some seem ready to accept that this is just self-flagellation or pain for shareholders, it isn't, this is a company being played and played some more compounding what should have been a sensible retrace after our substantial initial rise. Look at the one year chart. 0 benefit for any progress or money made.
"It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity ".
I don't see why anyone would be encouraging a dividend right now when V prices are low (albeit great for VRFB) and CAPEX requirements are so heavy. It will just mean more debt or even equity funding down the line. We have the electrolyte plant, Vanchem refurb and $20m (minimum) for Mokopane ahead, as well as phase 3 at Vametco. Everyone wants ROI, but now is not the time for a dividend.
RE: Interesting read about the ANC NECS energy statement4 Oct 2019 14:50
BBN, with respect clearly it isn't the only part of the narrative picked up on. I am simply discussing one aspect of the posts. I would hope having shared so many, discussing aspects of them in a positive manner would be acceptable!?