Spagbrush, your grandfather and my father were in the same squadron, my dad ended with DSO DFC and bar. The few stories he would tell were about how good the plane was - with two merlin engines he said it was faster than the ME262 jets.
Johnpwh I too would be greatly in favour of Mosquito. I had the privilege of visiting the Mosquito museum at London Conley a few years ago, it is/was a fantastic aeroplane, bomber, fighter and photo-rec. My Dad flew 96 missions in them as a Pathfinder and absolutely loved the plane.
RE: How many BMN Investors / Followers are there?19 Nov 2019 19:08
I am new here, after retiring last October I started managing my SIPP better. I have been building a position throughout his year and now have in excess of 200,000 at about par. The reason for BMN is that it is an obviously well managed company, with no debt and is a very low cost producer. The morphing into an integrated company has fascinated me, and the support and information available from all you very well informed investors gives me more confidence in my own decisions.
Thanks to you all for highlighting a great company to me.
NickyP When the BMN SP is only going one way from here, why would you delay buying the shares and paying much more for them ? VanEck will want to fill their book at the lowest possible cost, which is now.
BBN Thanks for your clear and positive contributions this morning (and in the past) it certainly helps me clarify my own views on our company's future.
5% of whatever FM and the BoD decide? :-) as an end to end vanadium producer /processor/manufacturer/ retailer Bushveld can control the inter company pricing between streams to maximise profit / minimise cost of ownership.
RE: Great sign we are on to a winner here!15 Oct 2019 14:43
13.55 I’ll have my chicken dinner please. Permafrost is a prerequisite for drilling on the North slope. Temperature is about 15 degrees (Fahrenheit) at the moment and falling. Ice road will start in a few weeks, then the rig gets mobilised. You are obv getting paid to bash this share, since you know nothing about the company or it’s sphere of operations. Suggest you butt out.
Woolverstone13. As a person who has worked for a long time on the railways, may I try to clear up one or two misconceptions of yours. Firstly HS2 is exactly to improve the existing railway infrastructure. Firstly the West Coast Main Line is creaking due to overuse between Crewe and London. If passenger numbers carry on increasing as they have over the last twenty years, then the trains will ALL (not just rush hour trains) be full and overflowing, standing room only and worse, within the next ten years. The existing tracks do not have capacity for more trains with current signalling systems, and there are no proven new systems ‘in the wings’ waiting to be brought in. The speed of the trains is as fast as they can go with current technology on the existing tracks. Adding another two tracks beside the existing four will cost over £200 billion, and reduce the capacity of the existing tracks while it is done. It would take about 15 years at the latest count, due to the constraints on working next to a live railway. Therefore the only way to solve this conundrum ‘For the greater good of the country’ is to build a new railway - while you are at it, you may as well bring in current train technology and make it a high speed one. And yes there will be NIMBY’s and complaints about cost, there always are, and there will be populist politicians who will jump on the bandwagon and complain about whatever they want to complain about. However strategically it is the right decision for the country - apart from the fact that it will make Birmingham Airport closer to the centre of London than Gatwick and so give us another transport hub. I appreciate this contains one or two assumptions, and am willing to be challenged. ( I do agree that a government guarantee of the SXX loan would be A GOOD THING as in 1066 and all that) End of rant.
The AM has an intake capacity of 30,000 bopd, and an overall capacity of 600,000 bbl. so at capacity it needs servicing every 20 days. However obviously an element of safety for weather etc should be allowed. If it has been decided to take off 400,000 per offload, then that is 13 days?
JoeBass - if we use $60 which is what HUR figures take, and 27K bopd average allowing for downtime and using $17.50 cost of production, again HUR figure, that makes almost $420 million profit pa which is 17p per share, at 1.23$/GBP exchange rate ( I Believe!)
GabsterX you must have a very short term memory. The results confirm the trading statement, and it is all factored into the share price already, which is why their is little movement in SP this morning.
GingerHippo - Bovis share price is down 4% after they announced that they are printing £675 million extra shares and therefore diluting the value of their shares by 29.3% In effect their share price has gone up almost 25%.
Alfacomp or Ophidian, since you seem to be well attached.
Idle thought, since charged vanadium electrolyte can be stored remotely, could someone come up with an EV battery that can be refilled at a filling station as with petrol / diesel, and charge the electrolyte from solar/ wind etc. That would make multiple charging points everywhere redundant, take pressure off grids, and remove range as an issue for EVs?
Constructive Comments? (Other than I must be mad and when am I self referring! ??)
Roosters, no one has lost money unless they sell at this price. Within reason the company directors should be doing exactly what they are, which is running a very successful company and making good profits for us. The only time they worry about the share price is when they need to borrow money, which really we don’t. The SP will recover with results, and everything points to them being good over whatever term you care to consider. A share buy back just diverts attention from where it belongs.