Member Info for Sp28

Over the last 2 weeks there has been so much hate here from BMN holders it really is beyond belief!!

Seems like they are desperately jealous as they have missed out on a spectacular increase (hate to think what will happen when this increases towards 171p) or is it due to BMN performance and venting their frustration here!

If only you put the same efforts into posting on BMN board!

As i have said its not my style, but in life what comes around goes around. If this continues, would not be surprised if a bunch of FAR holders disrupted the BMN board just for the sake of it, and then you guys cry wolf!

Best of luck. Why so spiteful, be happy for everyone!

I particularly like this:

CREATING VALUE

We will create value by working with existing management teams to provide

Growth capitalTechnical supportExperience in securing future financeExpertise in building a credible ESG frameworkDelivery of an ultimate exit strategy

Where possible, VBR will apply a phased and risk managed development approach in its investments to achieve large scale revenue and cash flows.

Plenty of big round block buys 50k,75k coupled with small sells tells you everything here!

Transfer of shares from impatient small PI's to long term Institutional Investors.

Not interested in day to day share price movements, more interested in where this will be in 6-12 months!

Whats the floor for BMN back to 9p?

And there we have it, faramog claiming he is here for just Vanadium, showed his true colours in the end!!!

Doesn't like listening to bare facts what has been stated in RNS's.

Has no respect for Sir Mick, and what he has achieved, along with his credibility, contacts, experience, knowledge and know how.

Lets all pack our bags and move on shall we. Whats the point of investing!!

I know, lets all invest in BMN, which has been sliding for the last 3 years, shows how much you know about investing!!!!!

Faramog - I thought your only interest was Vanadium!

Anyway:

- Vision Blue will provide $30m for construction as per the RNS. $10m @ 25pence and $20m @ 78p!

This is additional yo the $12.5m provided to complete the small scale plant and complete BFS.

So they will require approx $50-60m in debt funding. Sir Mick himself has raised over $40 BILLION in funding over the years!!!!

And stage 2 fully funded from stage 1!!

This is why Institutional Investors bought in yesterday at 30pence, the big boys have done their homework, as the funding and execution risk has massively reduced with Vision Blue providing their full backing.

This is the man I am backing, along with other highly influential people in the mining world i.e Mr Trahar, former CEO of Anglo American!

He and his team have done all the due diligence required to invest millions in FAR, including $20m at 78 pence. They have done the work for us.

Thats all I need to know.

In 6-12 months this will be a completely different beast.

Sir Mick DavisCEO

Vision Blue was founded by Sir Mick Davis, a highly successful mining executive accredited with building Xstrata plc into one of the largest mining companies in the world prior to its acquisition by Glencore plc. Before listing Xstrata on the LSE as CEO he was CFO of Billiton plc and Chairman of Billiton Coal which he joined from the position of Eskom CFO.

During his career in mining he has raised over US$40bn from global capital markets and successfully completed over US$120bn of corporate transactions, including the creation of the Ingwe Coal Corporation in South Africa; the listing of Billiton on the LSE; the merger of BHP and Billiton; as well as numerous transactions at Xstrata culminating in the sale to Glencore plc.

Sir Mick Davis is a Chartered Accountant by profession, and holds an honours degree in Commerce from Rhodes University, South Africa and an Honorary Doctorate from Bar Ilan University, Israel.

All my points are based on facts and what has been said and presented by the company!

On the net negative cost of production, i'v not just made it up, its in FAR presentations and discussed in depth in recent interviews! And one of the main reasons why Vision Blue have invested!! Can ride the good/bad times, profitable at pretty much any price!

You would know all this if you were a genuine investor here.

If you are so interested in Vanadium why don't you stick to your BMN board and preach there, rather than spouting company specific news here!

I only have interest and post on boards where I am invested and therefore have an inevitable interest.

Good luck to all BMN holders, just stick to your own, thats why we have company specific chat groups!!!

Im backing the Ex CEO of Xtrata and Anglo American, 2 Global Tier 1 Billion Dollar Mining Companies - Simples

And looks like institutional investors did the same yesterday by buying 16.7m shares @ 30pence

You would be a fool not to :)

BMN holder coming on here to preach AGAIN. Why are the lot of you so insecure about your investment there, that you feel the constant need to deramp here.

Well a quick glance there and the whinging and whining is beyond belief!

BMN holders have a somewhat infatuation with FAR. Why don't you keep to your own investment and your own board, rather than interfering elsewhere where you clearly not a holder. BMN isnt the only share on the market!

You don't see me coming on the BMN board, talking rubbish constantly, im not interested whatsoever.

All the best to everyone, over and out.

Continued...

Sir Mick reiterated numerous times in the interview he wants to realise the NPV!!!

From my post last week.
Quick recap for any new holders.

ALL FACTS based on presentations/interviews/website.

1. Will become the largest Vanadium producer in the world

2. Will be the lowest cost producer in the World

3. BFS due within next few months (someone mentioned July/August) - As CEO says ' this will electrify the share price'

4. NPV - $2billion, most likely to be revised up, a very conservative price used

5. IRR - 89%, could be revised up (unheard off)

6. Payback Period- 1 year, again could be revised down lol

7. Cost of production - $1.54, lowest in the world (When including all the by products, Vanadium gets a credit of $1.20 /lb, completely unheard off)

8. ALL infrastructure already in place, I.e Power, water, roads, rail

9. Ex CEO of Xtrata and Anglo American have bought in through their green vehicle Vision Blue

10. Ex CEO of Xtrata - Sir Mick Davis, will become Chairman of Ferro Alloy

11. Vision blue, Sir Mick' fund, has options to buy upto $20mln worth of shares at 78pence!!!!!

12. Unique asset, unlike any other asset, therefore easy to mine and process

13. Open Pit Mine

14. ALL equity dilution now done, all going to be going to Vision Blue, so in sticky hands

15. With the current mini processing of 1500 tonnes a year, revenue should be $27m at current prices, $10m free cash flow, backing up current market cap, hardly anything baked into consideration for the big mine

16. Only 1 ore body explored, there are another 4!!

17. LSE MAIN MARKET Listing

18. Battery Metal

19. Vanadium will be in deficit from 2021 onwards

20.ALL the due diligence has been done by Sir Mick and his team

21. This is not just a financial investment. Sir Mick and team will be providing all their technical expertise, experience and utilising their contact book, to take this to the next level, and into production!

22. Target price from last year 171pence, after BFS expect this to be revised up.

23. Location - Easily transport to China/Europe by rail

24. Transfer of 16.7m shares on 24/03/2021 from CEO to new and existing institutional investors @ 30pence!!

25. Sir Mick in due course is bringing in an Xtrata colleague to the board of FAR, he has been running a Large Vanadium Mine in South Africa!

26. Deposit big enough for stage 3, stage 4, if demand changes in the future, could easily ramp up.

27. Sir Mick will construct his own team from all his contacts in the mining world to take this to production. Very clearly stated in his interview he is not a passive investor in FAR

28. 2 BOD members hold 35% of all shares. With other institutions and now Vision Blue holdings in FAR, free float must be very small.

This will be multiples. The asset is world class, and now we have world class investors and management to take this to the next level!

A big gap between current MV and $2bln Net PRESENT value, or maybe even more! Sir Mick reiterated numerous times in the interview h

Hopefully we can look back in a week or two and have a little chuckle how we managed to top up at ridiculous prices.

Mm's playing there games, let them have there fun, but soon enough they will have to let this go.

My final top up this morning went through at 29.99p, better price than what the institutions bought in at :)

Watch all the interviews and absorb the fundamentals here, and I believe we will be richly rewarded!

DYOR

Why is no one talking about the TEO!
Have we already given up on it.

5 working days, and Qtr1 is over!

Mm's will be more than happy to collect all the shares they can at this price from unsuspecting holders who don't quite understand what has happened here!

Had many people coming on here yesterday suggesting its a raise, dilution, won't be able to sell, etc etc.

This has gone as smooth as anyone could have hoped!

Only needed to transfer 13.3m shares, however 16.7m shares were wanted by Institutional holders, new and old!

Once this moves you know it will be NT all the way.

Lets see where this goes to over the next few months, first stop 78pence.

Huge holding by the BOD here. When you include the institutions and now Vision Blue - alot of holding in sticky hands, free float must be tiny. Explains why its always NT when its moving!

Well i have just added again, final top up. At institutional price of 30p, its an absolute bargain!

DYOR

Looks like it was sold to 'friends (Institutions)' with a couple of phone calls!

If they spent the usual time, they probably would have flogged the whole company :)

30p floor created.

The amount of rubbish that we heard from derampers yesterday!!

REMEMBER - This is a simple transfer of existing shares from NB to Institutional Shareholders @ 30pence.

Lets see how the market reacts.

JUST RELEASED.

As expected, share transfer already done! Within hours!

16.6m shares @ 30p to new and existing institutional shareholders!!!!

Between the 2 BOD members they still hold close 33% of the company i.e 110million shares!!

CH - thank you, Apologies.

Sorry hashed together quickly.

As per my earlier note, yes NOT new shares, number of shares remain exactly the same.
Merely existing shares being transferred from NB to Institional Investors at a predetermined price, MINIMUM price 30pence.