Member Info for waccybaccy

Do you have some links to data and I'd be happy to have a read and try to translate?

That was a truly stonking RNS this morning! I for one am incredibly grateful for the foresight provided by investors like 888888. Without them I would not have made 54p per share.

Getting nervous? 24 hours till your incredible 75p prophecy becomes true!!!!

A successful investor once told me, 1/3 of your investments will crash and burn, 1/3 will do bugger all, and 1/3 will rocket. Spread your investments and invest wisely and hopefully this is how things will pan out.

applegarth do you have anything balanced to say? Everything you say is incredibly positive. Would be good to get something realistic out of you.

Thanks for the link about the vanadium price Alfacomp. It does give promise for the mid-long term future of the vanadium price however for whatever reason it has been dropping recently (sorry if I missed that reason off your link).

To me it does seem that BMN is just tracking the vanadium price at present and I am tempted to think that in the *short* term, a drop to 24p is on the books*. It might not go that low due to momentum but with a stale vanadium price I think BMN will continue to creep down.

As for the battery technology, yes it is technically better than lithium I agree, but as for mine-able (?) vanadium, I think the priority will be with steel use by the Chinese. I think lithium battery storage will end up being commoditised and similar to VHS vs Betamax, the one that is better established with the big players will win (i.e. I think lithium batteries will win over vanadium).

P.S. The "boozer" comment was a joke best read in the context of recent posts on the BCN forum. It worries me that people investing on AIM do not realise that...

* i.e. it was 48p at the peak of the vanadium price, so now the vanadium price is half the peak.

University of Adelaide results I mean.

"chats" you are spot on and as I have said before, this share will wobble around like the policy for the Brexit backstop until we have the Q1 RNS result.

I cannot see anything happening right now, mainly due to Zinnwald being uninspectable as it is under heavy snow according to the forecast. Maybe once the weather has thawed it a bit and people can inspect it, maybe then.

Can anyone tell me why someone would buy VFRB battery technology when lithium is much better established and will become more widespread? To me it seems that VFRB will at the best only consist of a few batteries in SA.

As for vanadium, the price seems to be crashing so I can't see why this would be a good investment.

Guaranteed by tomorrow. That's what me mate Dave told me down the boozer anyway.

Sorry, yes, end of September I mean.

I'm not sure why everyone is getting excited. This is from the RNS:

"The Company has also now manufactured one new large batch of particles for its EUNCL and Adelaide research work and will be shipping particles from this batch to the relevant parties shortly. The research for these programs will now commence fully in January 2019. EUNCL is expected to deliver results towards the end of Q3 2019. The first part of the Adelaide work will take 4 weeks and start in the new year, with results expected during Q1 2019."

So we could be waiting till end of March for results for Adelaide, and all the way to December for EUNCL.

Taken from KLUCK17's post before Christmas:

"The Company holds 50% interest in a jointly controlled entity, Deutsche Lithium GmbH, a project located in southern Saxony, Germany, adjacent to the border of the Czech Republic and within 5 kilometres of the towns of Altenberg and Freiberg. The Company acquired its interest in February of 2017 for a cash consideration of EUR 5 million (approximately $7,105,000) and an undertaking to contribute up to EUR 5 million toward the costs of completion of a feasibility study, which is anticipated to take approximately 18 - 24 months. The Company has an option to acquire the remaining 50% of the jointly controlled entity, alone or together with any reasonably acceptable third party within a 24 month period for EUR 30 million. "

So is BCN less than 4 weeks away from potentially losing Zinnwald? Does anyone think someone will invest the big bucks in BCN before then, in order to keep that 50% of Deutsche Lithium?

I meant to end that with a Red Dwarf quotation: "smug mode!"

The price ducks down to where it was a week ago. >

Why will it go up to 20p?

There is absolutely no reason for the recent rise. I predict a drop back to the recent normal trading range until an RNS comes out saying something positive.

Good summary. I just wish PS would do more business and fewer "inspirational" lithium market tweets. I really do get the impression that bugger all is going on in the background. I'd really like to be invested in this stock but until he makes steps to flog Zinnwald I don't think I can be in on this.

Idiotic emotive talk.

I think this is a goer, but it really is repetitive hearing these "Last chance to get in" bullsh** pump posts.

It is more efficient to centralise bureaucracy than duplicate it amongst countries.

Brexit will bring more bureaucracy in the UK than ever before. Google "Civil Service employment surges as Brexit looms closer"

My personal beef with being in the EU is the unlimited immigration which I think is too much. It needs IMO to be brought down to historic norms i.e. 1980s and before.

If we leave the EU we will probably get poached by the US and have to eat chlorine chicken and hormone beef.