Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Any drop on us not getting Eskom would be a joke IMO, it has no baring on revenue / profit in the short and medium term. BMN is pretty firmly tied to Vanadium prices for now so expect a decent rise off that and the rest is noise atm
Really thought 20p would hold and didn't think we would end up here. I think the target could be to push it down to the 200 day MA at about 16p now. Could just wick down one day and then bounce from there, so get your buys ready if it does - I've got my last bit of cash waiting for that just in case.
GLA, onwards and upwards soon hopefully, V prices looking really strong.
Yep agreed, I think we are in for a really positive next few months anyway. I've just seen it plenty of times where once piece of news is expected to be the catalyst and I'm not sure that will be the case.
(apologies for the double post all)
Historically the BMN share price has been shifted more by the price of Vanadium than any transformative business changes. I think the market has constantly underappreciated the business changes we have made and instead we seem to broadly track Vanadium instead (obviously allowing for some underlying changes).
The value to our revenue streams from Eskom in the short-mid term isn't enough to get anyone exited about BMN who isn't already invested in BMN in my opinion.
I look forward to the Vanadium price increases over the past month being reflected in the SP.
Worth saying that I've raised these concerns before (about over reliance on Eskom for SP growth) and it generally doesn't go down well. Just my 2 cents since you asked though.
Historically the BMN share price has been shifted more by the price of Vanadium than any transformative business changes. I think the market has constantly underappreciated the business changes we have made and instead we seem to broadly track Vanadium instead (obviously allowing for some underlying changes).
The value to our revenue streams from Eskom in the short-mid term isn't enough to get anyone exited about BMN who isn't already invested in BMN in my opinion.
I look forward to the Vanadium price increases over the past month being reflected in the SP.
Worth saying that I've raised these concerns before (about over reliance on Eskom for SP growth) and it generally doesn't go down well. Just my 2 cents since you asked though.
Kind of off topic but on the topic of MMs / shorters
Most US platforms have stopped PIs being able to buy GME from this morning. I imagine the excuse will be to protect PIs from buying in a bubble, but the outcome will be a pop in the market today and PIs losing out. The game is rigged!
Whilst I don't like being on the wrong side of it, I don't have an issue with short selling per se. If you are allowed to make a wager that a company is undervalued you should be able to make the opposite wager.
GME is a bit unique as the short interest is over 100% of the shares in issue. So I would definitely some kind of limit to short interest as that is ludicrous.