Member Info for Sanchez599

*naive! Sorry hate that typo must be corrected

Oh Daisan, really? Don't be so naieve.

I think pretending to love the reaction is really all he has left after such a transparent and weak post. It was a pretty poor effort at stirring the pot. He certainly hasn't the kudos he had after telling everyone he moved from BMN to GLR.... That's like swapping a Ferrari for a donkey cart. Now trying to act like he never sold because of how terrible a move that was. Laughable really. Another trader looking for a way in.

Daisan, I think you generalise somewhat about II's and the integrity of big corporates there. They are companies with fiscal goals not charities with an ethical standpoint. There is nothing to say a bit of manoeuvring isn't going on behind the scenes. I don't think placing them on an ethical pedestal is particularly realistic personally. Re: Vametco, it doesn't matter how much cash it is making if BMN can't access it. The cash call was in part to help BMN access it in a more timely and sensible manner by simplifying the company structure as has been discussed. Agreed, it would be great to have heard more about the specifics of each point mentioned in the placing RNS however I would hope that the discussions are of a level where we wouldn't and shouldn't expect to hear anything until negotiations are concluded. Bearing in mind this was a line item in the 121 presentation notes in FM's 12 month forward looking summary.

Thought you guys may be interested in this. Meant in the spirit of sharing! https://www.eon-solar.co.uk/ Google launches solar power service in UK - http://www.bbc.co.uk/news/technology-44303881 Batteries for the home...

Interesting tool launched by EON/ Google pushing PV solar and linking to batteries for the domestic user. You can input your postcode and some details about your house and get an idea on how much solar or solar with batteries could benefit you leading to their reps getting in touch. It is aptly called Project Sunroof. It's great to see batteries for storage of domestic energy are starting to filter into the mainstream. https://www.eon-solar.co.uk https://www.eon-solar.co.uk/battery-only BBC article http://www.bbc.co.uk/news/technology-44303881

Must have missed that Daisan, apologies. More than likely it's a combination of the above. Ultimately warrants, PwC or A.N Other, it as with all sellers will come to an end and off we shall go again. In the meantime there are some good value shares around. They are all only minor irritations on our journey!

Been having a brief chat with Minor Miner on Twitter and he makes an interesting point re: the sells going on currently and since May 17th... What if the sells currently are due to portfolio liquidation in the Beaufort aftermath. We all know what PWC are likely to be up to... AimChaos / Miles also mentioned it cryptically in the BMN news group if I read between the lines of his comment correctly. There is evidence across a number of shares. It would make some degree of sense...

The same replies in reverse and no one complains when it is in full effect and the price is rising. It's part of how a less regulated market like AIM works and to try and monitor or curb that would kill activity. It creates huge upside in a game where sizable upside matters. One man's peril is another man's buying opportunity.

Gosh that must be the fastest post deletion ever. (Capa)

Ahhh yes PDub. That modern classic 'Erongo 1 - Easy Money' followed by the typically less than brilliant sequel 'Erongo 2 - Even Easier Money'.

Speaking of news as we have been, come on Fortune or else we really will have to write to the OED and ask for the word imminently to have its definition changed. It's remarkable how quiet the BoD have been considering the attention we have received, barring the 101. Probably inversely proportional to how busy they have been! Such excitement to come. It must be......... Imminent (we should ban that word)

You would be better off taking out a 0% credit card and spending it on shares. At least you would have the 0% window of 12-24months to wait for an increase. Not advocating this btw but I know Gambit mentioned he had done this. Seems safer at least and you could pay it off more easily if it went awry. But note it will still cost!!!! Personally I don't buy anything on credit. But I hate owing people anything and that's just me.

I would be careful. We have seen that imminent doesn't necessarily mean immediately. As exciting as this phase is, most people called news landing a fair while ago which it as yet has not. I wouldn't have a time limit on it.

...Commodities. Number 1 is water. Can you guess what number 2 is? Aura Energy have kindly donated some spanners from their 'extensive' vanadium supplies to the winner. https://www.livewiremarkets.com/wires/top-5-commodities-the-impending-energy-revolution

Well said Pdub, resorting to cognitive bias arguments over any kind of fundamental analysis says it all.

BBN - at 11,200mt production capacity no. 5 looks like Barrambie. Huge capex over £1bn and low grade. http://www.neometals.com.au/announce-blog.php?id=285 Old post but the capacities tie up. https://investorintel.com/sectors/technology-metals/technology-metals-intel/anyalst-returns-neometals-barrambie-project-origins-vanadium-prices-surge/

My apologies, missed a section through a hasty copy and paste on my excel model. Shouldnt be posting so late! Normally check first. Adjusted for corrections below. Matters not, the trajectory to �1 is the same. Vametco - $61000p/mtV current average price � costs $22,600 x 3750 Mt sold = $144,000,000 -35% tax and royalties A - Bushveld at 59% Vametco B - Bushveld at 74% Vametco (Sojitz) Shares in issue 1075355000 *PE of 14 A - �.52 B - �.65 At 5000mtv (end CY 2019) *PE of 14 A - �.69p B - �.86p A fair valuation of BMN should consider the following, not valued above: 5% Nitrovan premium / 50% sold in the US Accelerated programme of phases 1&2 of Vametco expansion into phase 3 Mokopane - with imminent mining right / Chinese offtake deal Brits Imalato coal � see recent RNS Bushveld Energy - multiple projects and electrolyte factories underway Expansion beyond 5000 MTV Afritin Shareholding New Brownfield acquisitions - if successful As mentioned �1 and well beyond comes through simply continuing to deliver the above against the plans FM and team already have in place, alongside Vametco�s exceptional performance.

To add to Nick's post Vametco - $61000p/mtV current average price x 3750 Mt sold = $228,750,000 -35% tax and royalties A - Bushveld at 59% Vametco B - Bushveld at 74% Vametco (Sojitz) Shares in issue 1075355000 *PE of 14 A - £.86p B - £1.07 At 5000mtv (end CY 2019) *PE of 14 A - £1.14 B - £1.43 BMN - includes the following, not valued above: 5% Nitrovan premium (50% sold in the US) Accelerated programme of phases 1&2 of Vametco expansion into phase 3 Mokopane - with imminent mining right / Chinese offtake deal Brits Imalato coal Bushveld Energy - multiple projects and electrolyte factories underway New Brownfield acquisitions - if successful Expansion beyond 5000 MTV Who knows the exact date it will happen. However there's lots of ways this valuation can be justified to go over £1 in 12 months or even... 18. The question that is more interesting is how far beyond £1 can it go when you add the implementation of list 2 to Vametco, which is just one part of a rapidly growing Bushveld Minerals. Sojitz isn't confirmed via RNS but announcing a capital restructuring, our broker namedropping Sojitz on this very point and them being the only possibility is probably enough evidence to say it's a safe bet. GLA

https://www.bnamericas.com/news/miningandmetals/largo-resources-completes-us150mn-offering