Member Info for Sp28

Agree. TRANSFORMATIVE NEWS. Many have still mot clocked on. Just look at how quiet this board is ;) once he is confirmed as Chairman, this will be reported far and wide internationally, and will create a buzz, and with it some more eyes from the Institutional world.

So many 20k, 30k, 50k block buys since the monster RNS. We all know that is not PI's, I have never bought a round number, we all know this is Institutional Investors with Orders filling! Another 2 x 50k a short while ago.

Yes, initial investment has already been made by Vision Blue, and shares were listed effective from 19th March, as per the RNS on 18th March. Sir Mick should be announced as Chairman anytime now!!

On days like these you just have to switch off!
Unless you fortunate enough to top up!
How many times have we now seen this played over the last few weeks, down and then swoosh straight back up!

We all now know the fundamentals, and know exactly where this is heading over time!

To all the derampers that arrived a few weeks ago, talking about funding, as per the RNS and now todays presentation, $30m will be provided by Vision Blue for construction of phase 1, $10m at 25pence, and $20m at 78pence.

On days like these you just have to remember why Sir Mick and Co will provide $20m at 78 pence!!! Id be guessing when that $20m arrives, FAR share price will be significantly higher than that!

Exactly. Need to sit on your hands for BIG BIG rewards here. Nothing will hold this back, the Colossal project has well and truly been unlocked!

Maybe all the institutions that didnt get NB shares last week, now all having to buy in the market!!

They went fishing in the 29's first thing, probably found a few tiddlers, and now moved it up swiftly with the huge demand for shares here.

Also for anyone interested in building a decent position here, free float is very small (35% held by just 2 BOD members a d now Vision Blue onboard), and it will usually be NT to buy for a long long time!!!

As seen last week. Plenty of games going on. You have to ignore the short term 'noise', and look longer term!

Hardly any volume and pulled down! This will happen over and over again, its just the market. One positive for us, this is not the wild west on the Aim market, atleast we have a LSE MAIN MARKET listing!

Small PI's make minimal difference to share price, all depends on where the big boys want to take this! All i know the main man wants it at atleast 78 pence!!

DYOR.

Best of luck everyone.

Website has been down for a few days now!

Is there a big refresh coming!

Explains why they are taking a staged approach, the mine is simply too big! This would be $1bn revenue at current prices, $800m free cash flow!

But this also shows the true potential of the operation, to meet future demand if and when required!!

Can't wait for the BFS! Remember as NB said in his sharetalk interview alot of the work has already been done, and you can be rest assured Sir Mick and his team must have already gone through the draft BFS with a fine tooth comb!

'Although not yet fully explored it is considered likely that the Balasausqandiq deposit is large enough to support an operation of up to 10Mtpa of ore, producing about 55,000 tonnes of vanadium pentoxide over the life of mine. This would be some 36 % of the world market and create oversupply, as well as producing vast quantities of carbon-silica flux for which it might take time to develop a sufficient
market'

And RL - difficult to speculate on share prices on daily/weekly, anything can happen!! Just noise, its the way markets work.

But if you have done your research, believe in the asset and management now, and all the transformational news around Vision Blue, then within 6 months head towards 78pence (VB buy in price with $20m), once BFS is released, then move towards broker target at 171pence. This could so easily increase significantly (more ore bodies, higher Vanadium prices, demand changes, can easily produce 50,000 tonnes, but they are limiting it as it would flood the market etc etc).

Exciting and comfortable hold at these prices.

Remember new and institutional investors bought in @ 30pence, they've not bought in to make pittance, they must see the massive potential just like Vision Blue have!

I'm sure already made many millionaires at EUA, from 1p to 28p :)

Just had a quick glance at their news. Seems very encouraging. Wish all the LTH there all the very best. Im sure they fully deserve it, its not easy, the most difficult thing to do is sit on your hands during the ups and downs! Nowadays everyone is a day trader and very few invest for the longer term (even just a few months), so well done.

Like you said hopefully some of those profits make there way here :)

Now to FAR! Hopefully equally life changing for us all here at this level (akin to EUA 1-2p days right now with FAR), I'm sure Sir Mick will turn this into a £1b + company sooner rather than later. Patience always pays, just ask the EUA holders!

Agree. However he would argue he got there in the end :) - found 2 super heavy weight investors, arguably 2 of the most high profile figures in the Global mining worldwide!

I have read alot of background on Sir Mick, and as they say you invest in the management, and his record is absolutely exemplary, it truly is breath taking. He had over 40+ multi million/billion pound acquisitions at Xtrata, he must know every investment banker going!

Listing of Biliton on the LSE, quote from an article:

“There are four people who claim they brought Billiton to London: [Brian] Gilbertson, myself, Adrian Coates [a well known banker in London, then at HSBC] and Davis,” former JP Morgan banker Ian Hannam once said. “The answer is: it was Davis. He saw the opportunity and managed to persuade Gilbertson that it would create a platform to build a new company to rival Rio Tinto.”

https://www.ft.com/video/98272dcd-9447-4c02-a506-492004092798

Sir Mick and Mr Trahar see the future in Vanadium, can't blame them! Their previous convictions have paid off spectacularly!

Sir Mick could so easily build Xtrata v2.0, with the Green Revolution coming, and inadvertently a commodities super cycle upon us, like one we have never seen before!

For new investors watch all the videos from last week.

Thanks

Some of Zaks qoutes:

'Saudi Arabia for Vandium'

'Green Energy Enabler'

NB quotes:

'Limitless Ore Body'

'Equity funding in place with Vision Blue, small debt which should be relatively easy'

'Feasibility study will be a game changer', sometime this year, seal of approval, already a long way through it!

From CPR Report

Upside is HUGE!!

With metals supercycle coming, who knows where the price is heading. They have just been ultra cautious and prudent!

MrS - 2 key fundamental which FAR has, 'comfortable' as you have explained, and yet very very EXCITING, as no one quite knows where this is heading, and the possibility of upside is mind boggling!

Very rarely you come across a share with both of these ingredients in tandem, usually they are mutually exclusive!

CC - completely incorrect statement!!

There was nothing sloshing around ;) not 1 of his shares as to say made it onto the market! Whoever read the RNS would know this.

Those shares were simply transferred from NB to new and existing institutional investors at 30 pence each!

My take is, as your statement proves (and many other similar statements over the last few days), the mm's used this to drop the price, and unknowledgable and unsuspecting short term holders duly obliged!!

Long term broker target 171pence

Sir Mick will provide $20m at 78pence. Check the RNS.

Dont listen to us, DYOR, just watch the interviews, read the RNS's and presentations!

Ticks all the key boxes, and more!!!

Patience will be rewarded.

Fun and games here.

Creating an illusion of a big drop, probably trying to scare off buyers!

A discount to what institutional investors paid yesterday! Can't make it up! Can't blame the mm's, flushed the weak holders and traders out!

The question is how long will people get this discount to 30pence!!

You conveniently ignore facts based on RNS!
(And again why are you so interested and bothered if you have no interest here!!)

As already stated $30m will be provide by Vision Blue, $20m at 78 pence. FACT

If you think $50-60m cannot be raised as debt by Sir Mick and Co, then you know absolutely nothing here, and MASSIVELY under estimating Vision Blue!

To put it into perspective he used to run a Global Mining company, and turned it from a small outfit into a $40b giant (to put it into perspective ~150x bigger than your beloved Bushveld), with 35,000 employees, operations in 19 countries, revenue $32billion, profits $5bln, merged with Glencore, on and on. FACT

New and existing institutional investors bought 16.7m shares at 30pence yesterday. FACT

Sir Mick said his former Xtrata colleague who has been running a large Vanadium mine in South Africa will be joining the FAR board in due course. FACT

Also part of Vision Blue - Tony Trahar, former CEO of Anglo American, $33billion revenue, $10billion profits, 90,000 staff, etc etc FACT

Between them and their team, they have all the experience, knowledge, contacts, capital, access to capital, to make any mining business successful.

World Class project, with World Class investors, with soon to be World Class Management.

Yep these guys know nothing, and apparently you know everything!!!!! haha what a joke.

Would be nice to know who these new institutions are?

And if they were happy to scoop 16.7m shares at 30pence at such short notice, would they be happy to scoop up whatever they can under 30p???