Member Info for Tex2374

it's stunning.....

There is upside for the £2/£3 brigade, but I honestly can't see this getting back above £6 any time soon. Personally, I think they will narrow the scope of the company and dispose of some pieces, at some point (no idea which ones).

PE acquisition is also an option, but as I have previously stated the bid will be insanely low and I doubt the board will support this.

Key will be the next trading update and showing the market that the accelerated decline has been arrested. I can't see a divi being agreed if the sales/renewals are still being adversely impacted.

Just my views.

Big spread, we seem to be stuck at the moment, 37 doesn't seem to want to go!

Loving the targets.

Interesting read and stats.
https://www.google.com/amp/s/seekingalpha.com/amp/article/4377039-vanadium-miners-news-for-month-of-september-2020

Vanadium spot prices were flat in September.

Highlights for the month include:

Bushveld Minerals forecast: "Robust demand from China is expected for the rest of the year."

Battery metals to boom despite widespread Covid-19 disruption.

Residential vanadium flow battery systems under development for Australia’s solar-storage market.

New AI technology can predict Vanadium Flow Battery performance and cost.

Bushveld Minerals (Vanadium group) - Group production for H1 2020 of 1,649 mtV (100 per cent basis) was 18 percent higher than H1 2019 (H1 2019: 1,392 mtV).

Posted by Swizz on Twitter . Great potential news for JAN. I found this article on the announcement as well. https://www.bnamericas.com/en/news/brazil-launches-mining-development-program

Brazil launches mining development program - Forecasted capex of US$37b 2020 to 2024, the demand for qualified projects in critical & precious elements will be significant

Let's hope for Nov :-)

... here comes the push into close...

....and another 30k share buy, someone is loading up this afternoon.

Agreed...

£10k buy from 12pm just popped up, hence the treeshake , MMs running low on shares, the bid is going to have to move north this afternoon. Any sort of buying pressure and we could be seeing 40p sooner rather than later...
Exciting times!

£18.7k buy this morning #followthemoney

seems as though MMs are looking for some shares... little tree shake going on. Let's see if it's bought into.

This is going to accelerate rapidly now.... roll on 40p..

The share price has been going down since Jan 30th this year! Our Chairman skilfully caught a falling knife as he started buying in Feb..

In terms of the details I think the latest purchase was his third. The other two are detailed below.

RNS from 6th Feb

The Company announces that it has been notified by Greg Lock, non-executive Chairman designate, that on 4 February 2020 he and his wife purchased in aggregate 184,300 ordinary shares in the Company at an average price of 787.66p per share. Mr Lock already owns 15,700 ordinary shares and has purchased an additional 44,300 ordinary shares. Mr Lock's wife, Rosemary Lock, has purchased 140,000 ordinary shares. This means that when Mr Lock becomes a director on 14th February 2020 he will be treated as having an interest in 200,000 shares in the Company.

Also March 27th purchase @ 368p

The Company announces that it has been notified by Greg Lock, non-executive Chairman, that on 26 March 2020 he and his wife purchased in aggregate 238,500 ordinary shares in the Company. Mr Lock already owns 60,000 ordinary shares and has purchased an additional 86,000 ordinary shares. Mr Lock's wife, Rosemary Lock, already owns 140,000 ordinary shares and has purchased an additional 152,500 ordinary shares. This means Mr Lock has an interest in 438,500 ordinary shares in the Company.

BRH is still off the radar at £11m mcap. Plenty of upside here if just some of the anticipated news is delivered.

It’s a coiled spring LOL. Seriously , it is a coiled spring. :-)

Nice to be in 30p range and if we can add further gains tomorrow then things will start to motor in the run up to news. We have seen a sustained increase from sub 20p

All in all everything progressing as planned! There’s a long way to go yet and lots of news due as the well informed contributors on this BB have posted!!

GLA
Tex

little bit of momentum building

Chairman stumps up more cash to buy and the price still doesn't end blue!

Crazy.

common accounting date, common resource standard, common PEA consulting company......

There is a lot in common!

Yes, Largo are December.....

https://www.largoresources.com/investors/news/press-release-details/2020/Largo-Resources-Reports-Solid-Q1-2020-Results-with-Net-Income-of-57-Million-and-Maintains-Strong-Liquidity-Position/default.aspx

haha , yes it is.... the 'reporting cost efficiencies with ValOre' could be a cunning rouse to throw us off the scent!

LOL, I have now convinced myself that we will (at some point) have a future with Largo... let's hope I am not disappointed!

- Canadian resource standard surprise.
- Using the same company for the PEA as Largo use/used.
- Aligned financial years.

That's quite a few coincidences..

Tex