Member Info for TrevorBrooking

Very clever of SPR, not only did they effectively get Mokopane for free (Vanchem was bought by Bushveld for north of 50m), they've guaranteed themselves a customer for any product, which will no doubt be on favourable terms to themselves.

Even cleverer is that CC has managed to sell off major assets without any shareholder approval. I'm sure he realised that had a takeover bid been received at current price, it would have been rejected by PIs out of hand. What guarantees are there that Vametco won't be sold off in the future?

Given that 50% of Vanchem and all of of Mokopane have been sold for $25m - this is going to create a loss on disposal in the next set of accounts.

Rather ironic that the teacher who treats everyone like his pupils and preaches piety is happy to resort to vulgar language in a DM. True colours shown.

Unfortunately the ZAR @ 19.24 does not outweigh the decrease of 11.88% in US vanadium prices over the last year.

Cost reductions are finite and will only bring in so much, increased revenues though volumes and prices are desperately needed.

It's no surprise you can't/won't actually address the point in hand, ie your failure to consider that there may alternative views to yours, which are based on facts. Says a lot about a man....

Metatreon, I suppose you think it's fine for someone to continuosly post "positives" about this share for the last few years when it's been in terminal decline, but the moment anyone tries to balance this with some real FACTS as opposed to hopes, then that's wrong? Guess you;re just another one trying to recover huge losses by drawing more people in. On that basis your opinions are worthless, as are your morals.

I should like to thank HMHG and others for bringing to the wider community the risks associateed with this share. Despite what Pdub and his legions believe, this share has been on a long, steady decline from 48p. Without their opinions Pdub could have suckered in many more punters in an attempt to prop up the share price for his benefit. Just my opinion, DYOR

And therein lies part of the problem faramog, they don't seem able to be able to achieve sustained production increases.

Harchris, relying on the vagaries of exchange rate movements to be able to make a profit (if indeed they do, given that V prices have fallen 11% over the last year) is a very dangerous and unsustainable way to run a business. Certainly not a long-term business strategy that I've come across in the past!

Not surprised Pdubs wetting his bed, his investment has fallen by 95% over the last few years!

V prices continue to be weak, price in the US down 11.45% on a year ago. Couldn't make any profit at last year's prices so not boding well for this year. $ ZAR exchange rate swing isn't going to put much of a dent in the losses.

A nice long list of assets that are generating losses....

Pdub, can you please stop spamming the board, you posted the same information less than 48 hours ago.

Metatron, for what it's worth I was posting on this board before you joined LSE!

Are you saying that people were wrong to listen to those that have warned of the company's poor performance, often in the face of vitriol from long term rampers? What's happened to the share price, who made the right call? Certainly not Pdub and his team!

Metatron, I trust you'll be posting a similar message to Pdub, the ultimate attention seeker?

I think you meant to say pub lost his fortune!

Probably won't be your biggest holding for long the way things are going here!

I'm sure it will all be fine because Pub told us (every day) that operational progress is good!

I think you'll find it's quiet because we're in a slow news period. V prices static, waiting on Orion news.... not much else to report on is there

If V prices don't start rising soon additional funding (on top of the Orion Deal) may well be required. CC is working hard at reducing costs, but the inflationary economy isn't helping with this. How confident are people in the ability for CC to raise more cash if it came to it?