Member Info for SIPPmeister

A raise is not that unlikely though, what the issue is with this post is that it does not take into account the type of raise we would be looking at. Richard Hughes et al, small amount no more than required, in and around current share price. Not the bucket shop raise of old. No one should fear this kind of raise to secure the financials for the next year or so.

We cant look up and verify that you are a metals trader who knows what they are talking about.

We can however, with a small bit of digging, verify that there is clear disconnect in pricing between China's and other markets. BMN sell mainly into US, which has a significantly higher V price, not to mention that BMN also delivers into the higher grade markets.

We can also easily verify China is a net importer of vanadium (or about to be, thank you CC for the correction if that i in fact the case ) due to the absolutely staggering explosion in VRFBs that is actually accelerating and will take up huge amounts of vanadium with projects being built right now in China.

Bit of a bite there Paul, prickly aggressive style seems very familiar, along with the old 'my first post' here. Have a good day pal, i know i will :)

1. China is a net importer of vanadium

2. There are other markets outside China

Good grief

137 - this could be interesting!

Don't they already have this, from 5 September 2022 RNS?

Wow. Somebody's tired...

You are asking if the difference between the guided FXrate vs market FX rate is worthy of mentioning in relatio to the bottom line...and you are calling me the moron....hilarious!

Considering the FX rate changes minute by minute thats a bit of a stupid question. What we do know is it is a positive. Its not that hard a concept to grasp.

Rising nicely.

What a skidmark of society!

RD - as a recovering gambling addict, i concur with your view on the difference between gambling and investing.

If, as a recovering addict, i buy a house (or houses if lucky enough) and sell them for a gain am i a gambler? No. Gambling Addiction, like any addiction is about instant gratification. So trading might go there, long term investing with appropriate risk profiling is not. IMO

Agreed Chris. Most likely when the positive cash flow is shown in black and white as this market needs it spoon fed at the moment

Hardly a find, SA have always had these exercises. Nothing new here

Well in my company we have something called Investment Process. A quarterly meet where investment managers share ideas for their relevant sectors with other IMs. So the position building can be all of a sudden on a random day (in my experience anyway)

Agree. While i think capex should pause for now and hold off going above 5000mtv target, and profits sensibly used to settle as much of the Orion debt as possible before the rump is inevitably renegotiated, i would like to see any Capex after that point deployed to a microgrid at Vanchem to meet as much of the energy needs there as possible, and getting much closer to production capacity and therefore further reducing costs.

You have to deal with the immediate headwinds, this is load shedding in my view, and it isn't going anywhere. Detractors would say that's another target missed in terms of raising production, but a business should not chain itself to targets set before covid, war and the escalation in load shedding.

A good business has to be flexible in its approach to its targets, deal with issues as they arise and also try to take advantage of opportunities that present themselves. While the comms have been poor, its my view that BMN have done pretty well on other areas and i hope they continue to be flexible in their approach. That gives me confidence that the company are in a safe pair of hands given the significant headwinds faced recently.

Looking forward to this year being the beginning of the end of the SP malaise when it becomes clear Orion debt will have a large chunk cleared and the rest renegotiated, clearing that market view of carrying too much debt in the poor macro environment.

GLA

what and your drivel does?
Muppet

Steve - FM specifically mentioned these points would be discussed in more detail on 8th November at the Investor Meet Company meeting on the investor call in yesterday

There is a fundamentally massive difference between raising to keep the lights on and raising to grow a business! No doubt the same old faces will try to put to say how right they were about a raise, but not at 95p and certainly not to acquire another company and grow the business!

Really really encouraging news for the diagnostics arm. So therapeutics not shackled to a corpse after all then.

I think this guy even gets off on knowing people here are looking into ways to out him. He leaves these cycling breadcrumbs as he likes the fact people are spending their time on him. It's part of his fuel matrix.
Total narcissist, and really not worth engaging with.

last year 47% went to the US. I wouldn't believe that any less has gone, with China taking all of Russia's V on the cheap and Europe not really having much of a reason to expand their market right now. I don't think the Martians need steel of VRFBS either.