Much upside potential versus downside risks at today's SP.
This is the time to be building positions for future re-rates.
3 to 5 year horizons
This is the time to be building positions for future re-rates.
3 to 5 year horizons
My personal opinion is that BMN offers an up side from these 12p levels.
My personal target is 20p.
I do not see a repeat of 2018 spike to 48p....all the ducks were perfectly aligned then.
History rarely repeats.
But upside potential is there to double bag
My personal target is 20p.
I do not see a repeat of 2018 spike to 48p....all the ducks were perfectly aligned then.
History rarely repeats.
But upside potential is there to double bag
Here we have a classic example of the emotion driven investor.
This chap invested early, pre 2018 highs. Accumulated huge volume of shares. Could have sold out but waited. And waited, and waited.
Unfortunately, a 'Ramp Bias' LSE forum with the £1 SP target advocates, greed got the better part.
Why sell at 45p when eveyone in a Bulletin Board is spreading a rumour saying it will soon get to £1.
So now, at 12.5p he talks of selling. Based on fear and emotion.
Selling 10 million shares at a near low point SP will assist others to buy at lower prices,and wait for a bounce.
Transfer of wealth from the emotionally , fear driven, to the patient.
This chap invested early, pre 2018 highs. Accumulated huge volume of shares. Could have sold out but waited. And waited, and waited.
Unfortunately, a 'Ramp Bias' LSE forum with the £1 SP target advocates, greed got the better part.
Why sell at 45p when eveyone in a Bulletin Board is spreading a rumour saying it will soon get to £1.
So now, at 12.5p he talks of selling. Based on fear and emotion.
Selling 10 million shares at a near low point SP will assist others to buy at lower prices,and wait for a bounce.
Transfer of wealth from the emotionally , fear driven, to the patient.
Until BMN demonstrate production guidance is back on target, then expect volatility.
I will hold back from buying until then.
If guidance remains off target I see lower SP.
Fortune needs to demonstrate his leadership
I will hold back from buying until then.
If guidance remains off target I see lower SP.
Fortune needs to demonstrate his leadership
Coutesy of Pdub, LSE
RE: Can bmn be successfulSun 08:56
They already are! And lots more to come.
We all know the expression “Don’t judge a book by its cove r”.well think of the current share price as the cover. It’s disappointing.
However open up and the real story is revealed. A company that in the last 4 years or so has grown from junior mining explorer to:
owning the Vametco vanadium mine and half of the world’s primary vanadium production plants (Vametco and Vanchem),
set up an energy storage business (Bushveld Energy),
entered into partnership with the IDC to construct an electrolyte manufacturing planted (now begun),
building a solar / battery storage minigrid at the Vametco site,
developed the first electrolyte rental contract in partnership with Avalon,
acted as a catalyst to bring together smaller VRFB companies to benefit from the ability to scale up (the most notable example to date is the merger of Avalon and RedT to form Invinity),
invested in other VRFB companies (already making several $ million profit from the Invinity shares),
contracted to have first refusal to supply vanadium / electrolyte to partners such as Invinity,
invested in refurbishing Vametco and Vanchem plants to improve reliability, to increase production capacity and diversify range of products (those plans are ongoing),
negotiated and put in place the funding for these developments,
planning to participate in Eskom renewables contracts (details at this time not revealed),
split off the tin assets to form Afritin (ATM) and I think BMN may retain shares there but haven’t followed that closely so happy to be corrected on the facts there.
In addition to the above BMN have the Brits Vanadium resource adjacent to Vametco that ensures extension to mine life for many years to come. The huge Mokopane Vanadium project awaits further development, with the potential to supply ore to Vanchem as well as offtake agreements to third parties and possible greenfield production plant. Two other projects, the Mokopane iron ore resource and the Lemur project on Madagascar appear to be on the back burner (ie very little recent news) but both have the potential to deliver revenue either by being further developed or sold.
There is a very great deal to take in with this company. Perhaps too much for some of the market at present. Good time to get in early? Well some could be forgiven for thinking so.
Ok it is fair to say that there are those that have made up their mind about the cover and don’t like it. Me? I am having a good read and it’s a fascinating story, but in the words of the author Fortune Mojapelo it is only half told. Once the market understands the plot this could become a best seller.
Of course any opinions expressed here are just that ... only my opinion.
RE: Can bmn be successfulSun 08:56
They already are! And lots more to come.
We all know the expression “Don’t judge a book by its cove r”.well think of the current share price as the cover. It’s disappointing.
However open up and the real story is revealed. A company that in the last 4 years or so has grown from junior mining explorer to:
owning the Vametco vanadium mine and half of the world’s primary vanadium production plants (Vametco and Vanchem),
set up an energy storage business (Bushveld Energy),
entered into partnership with the IDC to construct an electrolyte manufacturing planted (now begun),
building a solar / battery storage minigrid at the Vametco site,
developed the first electrolyte rental contract in partnership with Avalon,
acted as a catalyst to bring together smaller VRFB companies to benefit from the ability to scale up (the most notable example to date is the merger of Avalon and RedT to form Invinity),
invested in other VRFB companies (already making several $ million profit from the Invinity shares),
contracted to have first refusal to supply vanadium / electrolyte to partners such as Invinity,
invested in refurbishing Vametco and Vanchem plants to improve reliability, to increase production capacity and diversify range of products (those plans are ongoing),
negotiated and put in place the funding for these developments,
planning to participate in Eskom renewables contracts (details at this time not revealed),
split off the tin assets to form Afritin (ATM) and I think BMN may retain shares there but haven’t followed that closely so happy to be corrected on the facts there.
In addition to the above BMN have the Brits Vanadium resource adjacent to Vametco that ensures extension to mine life for many years to come. The huge Mokopane Vanadium project awaits further development, with the potential to supply ore to Vanchem as well as offtake agreements to third parties and possible greenfield production plant. Two other projects, the Mokopane iron ore resource and the Lemur project on Madagascar appear to be on the back burner (ie very little recent news) but both have the potential to deliver revenue either by being further developed or sold.
There is a very great deal to take in with this company. Perhaps too much for some of the market at present. Good time to get in early? Well some could be forgiven for thinking so.
Ok it is fair to say that there are those that have made up their mind about the cover and don’t like it. Me? I am having a good read and it’s a fascinating story, but in the words of the author Fortune Mojapelo it is only half told. Once the market understands the plot this could become a best seller.
Of course any opinions expressed here are just that ... only my opinion.
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