Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Eh? Your last post said you were looking for a get-in only after the downtrend had finished.
Well according to your own chart, that trend has been broken now...so why don't you stick to your guns?
Mixing your own 'funny-mentals' with your cod-TA...that's not really a good plan, is it?
As far as 'price': it is no coincidence that if you look at the long-term chart and put a few lines across for major points of support/resistance, the current stickiness makes sense. That's because there are now a zillion armchair 'technical analysts' out there, and many will superficially get spooked merely by these sort of prices hitting long-term lines.
Is that BS?
Probably......but it's also what goes on. The evidence is clear as crystal for most shares.
The cod-TA has created self-fulfilling prophecies...the tail is wagging the dog.
And never more so than with relatively small companies that are mostly held by small private investors.
We'll probably see the same around 28p, 31.5p etc.
The sooner we clear 48p the better!
When you talk about 'markets reacting' then maybe you are missing what is important. It isn't whether there are MM shennanighans or 0.5p drops...it's what do market analysts and potential institutional investors think after reading the results. They are not going to toss off some gut-reaction 2 seconds after issuance.....that's the domain of small investors through ii, hl and the like (see the largest shareholdesr information...)
Give it a bit of time...
You don't have to follow that 'booming price' narrative....the company speaks for itself, and the energy transition is there for everyone to see if they bother looking.
Personally I saw it WAY too early...(1990s...!) and just didn't understand that there would be a load of casualties, and the time wasn't right.
However, today it is very different....the global initiatives are tangeable.
You wouldn't want to put all your eggs in one basket, but as part of a diversified portfolio I think BMN is a fantastic addition.
I guess it's a niche area...yet there must be a sizeable potential. Also, as the technology and applications advance, I'm sure such notions such as storing energy at cheap periods for use when greater demands raise prices will become more of a 'thing'. Currently a number of domestic and industrial users use batteries to take advantage of 'Economy 7' etc. And the ability to use battery power for longer periods could be a game-changer as a result. It will also help to alleviate grid-congestion...a significant global issue.
Having read this and that...it seems that there is no limit to the energy storage capacity of VRFB, and indeed it becomes more economical as that increases. Does that mean, for example, that theoretically one could use it in say polar areas which have up to about 180 days of darkness?
Indeed, at what capacity (4 hours, 6 hours, 8 hours....) does FRFB leave competitors such as lithium-ion behind?
I've been looking at trade reports on 'free' advfn etc for decades...by and large a waste of time if you are attempting to discern buys versus sells, except for getting an idea of where prices are....indeed I reckon we are mostly looking at this stuff expecting it to reveal something that it isn't destined to.
Although that particular fire does not seem to be battery-based....lithium battery fires seem to be not only dangerous, but difficult to extinguish. Since marine fires are one of the greatest hazzards...surely the relative safety of flow batteries must be taken into consideration when making decisions on which battery systems to use on ships.
https://www.agcs.allianz.com/news-and-insights/expert-risk-articles/container-ship-fires.html
By extension, could this principle not be used in all manifestations of the vanadim flow battery technology?
E.g. there are plenty of energy outages with solar and wind, surely this system of battery replenishment could be of benefit?
Sure, it has already been explored in the area of electric cars, where replacing electrolyte becomes analogous to the refueling of petrol/diesel, though it seems that particular area is still in its infancy and may not be as desirable as what's currently being backed, for various reasons.
The real take-away here may be that these small punters still think they are 'sticking it to the man'...whereas they may be just unwittingly betting against eachother at this point, and potentially bag-holding.
Having dipped into that that TA alchemy over the years I think you're not far wrong!
Don't forget to take note of all that 'volume' flim-flam too.......
I still find some things interesting...like wedges in particular. Trouble is, when is a pull-back a minor retrace versus a full-on drop? (E.g. with BMN!) It just goes on and on....
I look forward to someone in the know explaining how this '140%' is able to be...
I thought only the use of derivatives (options) is public knowledge....is it the case that we never really know how many actual shares are sold short?
My feel is that there is not enough attention given to the methods of the institutional players and whether they are operating within the law. It's frustrating to only really see the one example so far (Melvin Capital)...surely there are more who have been caught short, as it were.
Amazing idea though...making use of an unused part of already-existing infrastructure. I expect there's a lot more cable running under those toe-paths than we imagine. (I assume that's what we are referring to...)
My own vision is to see electric-powered central-reservation high-speed haulage pods above motorways.
We can all imagineer....
Good to see it made clear that the vanadium in the electrolyte is easily recyclable. This must be an important consideration when costing a project. This seems a counter the arguments that vanadium makes the battery too expensive.
Unlike lithium batteries, where recycling of raw materials is so expensive and the best you can get is 'second-life' in a lower-power usage.
Also, the article highlights the leasing of electrolyte in shipping, which surely is on the radar of Bushveld.
I own some QFI, so I know how huge the impact of shipping pollution is, and there is a strong desire to clean-up that industry.