Member Info for sharesaplenty

Yes some risk here but upside outweighs it in my opinion. So put my money where my mouth is and topped up with another 429070 shares just now, the SP is ridiculously value just at the moment.

I hope so Kabaa, I just need a 592% rise in current SP return to reach break even - fat chance we'll see that. Saga was my worse holding before CV outbreak.

Of course you are absolutely right RichKen, I agree with you as I'm sure every other BMN investor will.
But unfortunately we are not dealing with informed, educated and responsible individuals in terms of global handling of climate change. I'd love to see action best available based facts and scientific evidence.
The analogy I think of here is smoking, people know its bad and will kill them but does it stop folk from kicking in the fags? Unfortunately future threats on individuals are not very effective way to create change, its only when the threat is actually killing you is when responsive action happens. Not saying Trump is a **** but.....

Somewhat morbid to think of CV vs climate change from this angle, but if global population were lowered by >40% it would do more to address climate change than any other measure considered to date.

What's the chance of Quantitative easing money being announced by BoE some point in the next week or two. This additional money flowing into the economy will be a shot in the arm for capital strapped companies like TRX. I see good things ahead for TRX shareholders both for short term traders and long term holders.

Very true Bozomurky. Indeed I'm in for the long haul here and plan to hold my TRX shares to let the full story and potential unfold. So the timing to maximise short term boost on SP with the likely refinancing deal is not too critical for me either.

What a difference a day makes Bozomurky. I was in the suggested 'hold the RNS refinancing announcement' on my post a couple of days ago. But different today with BoE slashing interest rates down to 0.25% this should provide a shot in the arm for capital strapped business such as TRX and others to counteract the negatives of CV outbreak. So if the RNS refinancing RNS were to land today (as opposed to Monday) then we mind hope to see a better SP reaction.

Woodstock, an IPO for TRX? This company is publicly listed already and is being traded here. Do you mean an acquisition of the TRX shares perhaps by a bigger fish or a placing of more shares to raise capital?

Agreed ShareSting, but an announcement of a revised Finance package via a RNS now is not ideal. The whole stock market is a operation fear mode with CV. Big FTSE companies are getting mullered so don't expect a big SP swing up on any refinancing news for TRX until CV panic is in the rear view mirror.

A serious ouch if you're in PMO this morning

Simple route to come out on top as a PI over a MM in BMN = buy your stake and DON'T sell. DON'T sell ever.
Now we are in the teens again a wonderful buying opportunity. Thanks for sharing the podcast Alfacomp, it reinforces what a mugs game stock trading is for individual PIs.

BMN seems to coming off relatively well with this CV outbreak issue. The underlying value here with BMN is holding this up, albeit its slightly into the red. I suppose it less directly impacted compared to travel firms and other businesses. My other holdings are taking a real hammering!

Concerns of toxic chemical use in applications always gets this unmerited knee jerk, I find it highly frustrating behaviour I have to deal with all the time in my day job. You must always consider the exposure potential of the toxic chemical in question and how it is to be handled/used. Spreading it on an agricultural pasture land is bad but isolation in a well built and designed VRFB should be absolutely fine.
Consider water, most folk wouldn't label it as a toxic chemical but its all about exposure potential that defines its risk. Water suddenly becomes a lot more dangerous to you if you were thrown overboard a ship in the middle of the pacific ocean!

Sounds like BMN and its VRFB partners need to get in on this action! At a minimum ensure BEIS are aware of the competitive performance of VRFB has against the rival options.

Agreed, great post Merchant.

I already do see BMN as a energy storage outfit alongside its mining capability as I'm sure you do. I share the exciting potential of BMN and VRFB for energy storage with the regular posters such as yourself. My point is, the wider market and new capital to lift the BMN SP/market cap I think is unlikely to happen with technical related RNS on new ventures (such as the impending Enerox deal announcement) until it positively impacts the bottom line finances of BMN. A significant amount of investment capital don't give two hoots about how wonderful a piece of technology is or how it might be addressing tomorrows needs. Not that it particularly matters for the Enerox RNS that's coming, simply gives those that understand the value already more time to load up before wider BMN recognition kicks in.

Of course I'm hope I'm wrong after todays top up on my own BMN holding ;-) Just when the mining licence RNS came in the later half of 2019 the market seem to effectively ignore this stellar piece of news.

I'm sure this is great news and RNS coming here Knuttie. But I fear outwith those highly knowledgeable about VRFB and BMN potential (i.e. regulars on this site) the wider market will largely ignore this update. Unfortunately its going to have to be a fat lift in BMN profit being announced and/or a dividend payout that will create the wider market interest.

Agreed Bugerov (like the handle by the way!). Picking the bottom though is a dangerous one, I think we're close to it with BMN. BMN has been bouncing around the high teens, low twenties SP for months now. With market V commodity rising and with all the positive news that's in the pipeline for BMN I plunged in further today, on balance an uptick is due soon. Certainly a good time if you've cash available to snap up cheap shares both in BMN but the wider market also.

Markets going bonkers into the red! Screw it, just put as much as my pay check into BMN as I' comfortable via my ISA this morning. At 18.4p brings down my average to sub 24p. On bread and water through March now ;-)