Member Info for UncleJohn

Thanks Alfa, hopefully encouraging. In particular I am pleased to note from earlier posts that we may well be near the turning point on the vanadium price. If so the upward trajectory could be quite steep.

carpfisher. This is a risk I have considered many times and the only sure answer is to hold all your shares in certificated form. This means you will not be able to do online dealing and the costs of dealing will be significantly more. There are less drastic routes. 1. To the extent that you hold shares that you know you will in all likelyhood be holding in ten years time, you could get those put into certificated form and then look after the certificates. This means you would only be potentially at risk on the trading portion of your portfolio. Secondly to the extent that your shares are in nominee form make sure you use a reputable bank/broker. Brokers do go bust and many people had problems when a broker who mainly advised AIM listed companies went bust, I'm not sure loads of money was lost as all shares should be held in trustee accounts, but certainly their assets were frozen for many months. It was a broker that had courted myself but I had deliberately avoided their overtures notwithstanding all the advice/benefits they purported to give. So think seriously about it. My own view is it is too much hassle to spread risk entirely, but I do have two brokers and I wouldn't use any broker that wasn't 100% reputable.

carpfisher. This is a risk I have considered many times and the only sure answer is to hold all your shares in certificated form. This means you will not be able to do online dealing and the costs of dealing will be significantly more. There are less drastic routes. 1. To the extent that you hold shares that you know you will in all likelyhood be holding in ten years time, you could get those put into certificated form and then look after the certificates. This means you would only be potentially at risk on the trading portion of your portfolio. Secondly to the extent that your shares are in nominee form make sure you use a reputable bank/broker. Brokers do go bust and many people had problems when a broker who mainly advised AIM listed companies went bust, I'm not sure loads of money was lost as all shares should be held in trustee accounts, but certainly their assets were frozen for many months. It was a broker that had courted myself but I had deliberately avoided their overtures notwithstanding all the advice/benefits they purported to give. So think seriously about it. My own view is it is too much hassle to spread risk entirely, but I do have two brokers and I wouldn't use small players.

Thanks Alfa yes I am aware of some of these. The point I was trying to drive home is that the opportunity for BE is real and is now and is not some pipedream. Added to which, as you are well aware there are only 3 vanadium producers outside China and so far as I am aware the other two are not currently trying to enter the VRFB market and to that extent BMN is unique. The sp may be languishing at the moment, but not for long, the world will catch up. As has already been reported today BMN is in the top 20 holdings of at least a couple of funds and the reality is that institutional investors will soon want to get on board in their droves so as not to miss the action. The sp will go in only one direction albeit not a traight line. Only my opinion of course. I am no guru, but I am backing this horse.

Thanks Alfa for your hard work, it really is appreciated by board members. The real plus I take from your latest article is that there are already numerous manufacturers using VRFB's in numerous different ways to provide numerous different solutions. i.e. BMN are not the first and will be able to learn from others, always a distinct advantage, but coupled with the vertical integration and potential leasing formula that BMN can provide. As always whilst one doesn't necessarily want to be first, it helps to get as close as possible to first mover position to maximise profitability and this I believe is just about where BMN are. No doubt we will learn more shortly.
Without doubt it is an immense opportunity that is already flying, i.e. it is not just some pie in the sky invention that might never see the light of day. VRFB's are an exponential growing market and BMN are sitting right in the middle of it.

Interesting to note that Bushveld is the only London listed company in the top 20 holdings of Van Eck

Ninvestor- I agree with all this and would add a further point and that is that investors at this time of year need to make use of CGT allowances and with the BMN sp gains over the last 12 months, many investors will have trimmed their BMN portfolios a little bit for tax reasons. I suspect we will start to see a fundamental move upwards from Monday. This share is still very largely held by PI's and therefore is tax and sentiment driven to a greater extent than if there were more institutional shareholders.
Whilst I haven't voiced an opinion on it as yet, I really do feel that this BB has made far too big an issue out of the failure to to issue an RNS on the dividend policy. There are far more important things going on with BMN, that will be of far greater reward to PI's than a dividend policy. That will come in due course when it is appropriate. Lets close this subject!!

Alfa-,Energy Storage Europe Conference- if you have time an update article/note on the conference for non twitterers would be useful. I regard the collective knowledge of this BB as essential in keeping up to speed with opportunities for BMN, even though we are only sh and Fortune will need to be steering the ship. I am sure BMN will be well up to speed with the potential opportunities for BE.

Boracic- absolutely, maybe 75%, who knows, but it is effectively a bonus not priced into the shares. i.e. a potential windfall to which CNE are entitled

Whilst delay is kicking the can down the road, I am prepared to sit this one out. The extension of time required proves that there is at least something in it for CNE as otherwise the court could just have found against CNE, end of story. Therefore in due course there will be at least some accretion to the share price for this arbitration, and maybe as much as 190p. DYOR

I wish we could even think about celebrating the 300p party!!! Maybe we do need to start planning early. Give everyone something to look forward to!!

CC- thanks for your reply

Lucan- thanks for this

BBN- From listening to the Fortune presentation the other day (bullish as ever) I understood him to say that it would be 3-5 years to reach 10,000mtv, that gives ample time in my view.
One point I still don't understand is why the Mokopane licence hasn't actually been granted as it has been outstanding some time. It seems to assume that it will be granted, but I would feel more comfortable with it in place. Can someone elaborate or is this just SA politics?

uksteveg and Dav3j - let me say that as a shareholder in BMN but someone who only posts from time to time if you are worried then don't invest in BMN or any other AIM company, nor for that matter many FTSE 250 co's. Do you believe the fundamental story here? i.e. that BMN is on course to take a much larger share of a market that has an increasingly important future, where in a year or two people will say why didn't I invest 2 years ago when the world was largely ignorant about vanadium. Rome wasn't built in a day and all projects take longer to come fruition than people first thought. Personally I am a LTH and know from investing over many years that nothing goes in a straight line and when something is a household name with large organisations muscling in it is too late. Here it is my opinion that BMN have significant first mover advantage. As always DYOR and stop fretting about day to day matters.

Rich Ken, Alfa et al, clearly those on this board are well aware of the value of BMN being well ahead of the curve in the knowledge stakes. The sooner we can get past SP Angel's conservative 87p the better, as clearly the market dynamics in battery power and battery storage are now evolving at a fast rate, viz the oil majors interests. Thus it is inevitable that there will be "outsiders", looking for their next "kill". Ironically, some of the major sales over the last couple of months as evidenced by the increasing number of shares held by PI's will have helped to enable us to reject any untoward offer, but key to our independence is the SP reaching a realistic level. I would want at least £5 a share.

In an idle quarter of an hour I thought I would track how many active BMN contributors there are. I was staggered that up to 8.00pm there have been no fewer than 57 different contributors to the board TODAY, some obviously many times and inevitably some more relevant than others but it shows immense interest. 34 of the contributors have over 500 posts. Over 2 days the number of different contributors rises to 86, 43 of whom have over 500 posts. Well done everybody, I started the exercise really out of interest as to how many people might be interested in attending the30p party!

Welcome back Pdub, what an ordeal, don't overexert yourself by posting too much to start with. But I always enjoy reading them.

Faramog- Remembering of course that some of the posters on this BB might be female!!

Yes good idea to get this rolling as you will I think need to work on some fairly extended time scales. Just a few thoughts,
1.I think it will have to be in London, shareholders will be all over the place and I for one live a long way from London.
2.I think it would definitely best to try to get Fortune there, I would like to meet him, and for sure he is not in London very frequently, so that will determine the time scale. You can also ask him what he would think of EIC.
3. I have no idea whether in the main spouses/partners would wish to come, therefore this could be part of your questionaire.
4. THe first thing is to see how many BMN shareholders on this board would like to come in an ideal world and then take 75%, as there will always be a number who wlll be unable to make it on the chosen date.
Good luck, I am a non twitterer but email is fine and my preferred communication.