Ferro-alloy Resources Share Discussion Threads

[mesb48] 12/9/2022 14:16

Hi JB. You may or may not be right. Personally I doubt it, the share price fall could very easily be selling by much smaller shareholders given the liquidity. My bigger concern is that VB renegotiate their original financing deal.

Have to hope and think Putin’s sphere of influence is diminishing in recent days, so even if Ukraine still has to suffer from his wickedness, Russia’s other neighbours are less at risk.

Watching closely again though.

[jailbird] 08/9/2022 18:16

Not sure how I can explain better You know who VB are ?

[jailbird] 08/9/2022 14:45

Unless someone can prove what their shareholding should be and what it currently is

[ttlance] 07/9/2022 09:21

I think the main points of interest will be 1) Drilling progress 2) By Product market development 3) Profitability: Impact of energy costs, value of current stock (including Nickel), this was valued near to £2 million in the last update, vanadium price has dropped back 40% from its high in March, tonnage output (is the capital investment now resulting in significant increases in output), currency impact.

[ttlance] 07/9/2022 09:12

Ensuring the pilot plant is profitable will be a huge step forward to fund phase 1 but also if the drilling etc is put back even further, the profitability will mean no more share dilution outside of VB's current agreement as it will be self-funded. This is a real test for the current management to deliver on their promise of profitability and ultimately gain good loan terms from the Kazakhstan bank

[cyberbub] 06/9/2022 16:48

I'm not sure the financial side is that relevant (assuming they still have enough cash to progress... perhaps VBR will make their final investment to top up the coffers?). For me the key thing is maintaining progress on drilling, BFS and financing. The BFS was unfortunately substantially delayed, they need to show that they're still making progress towards the new date.

[ttlance] 06/9/2022 16:21

Yeah a bit of time to wait but willing to wait 10 years for that kind of return! September results will be interesting reading, I'm expecting a small loss for the period, which I think is baked into the price, anything better than this then I reckon the price will re-rate

[cyberbub] 06/9/2022 16:10

I haven't gone anywhere Lance... Just waiting! Another 3-4 years until 300-400p per share LOL

[ttlance] 06/9/2022 15:59

Cyber, good to hear from you, where have you been all this time?

[cyberbub] 06/9/2022 15:35

Bit of volume the last couple of days and a nice rise.. Maybe some news incoming? Results are due anyway. Would be great to get good news on the drilling and BFS progress.

[gah123] 05/8/2022 12:19

Well done guys. Vanadium stocks well oversold including BMN and Largo. Long way to go for all three to get back to fair value.

[driver101] 05/8/2022 11:48

Recovering fast, short of stock from sticky hands.

[jailbird] 25/7/2022 14:29

Who would have though this would be 12p again .. not even I expected to see this low to be honest .But if you think how the timescales have slipped or prolonged It should not be surprise really Vanadium has also fallen with other commodities Come back next year here I wait for progress .

[jailbird] 01/7/2022 16:39

I have reduced all my holdings this week Staying out due to high inflation risks , higher rates , market sentiment has clearly changed to the downside Another 10% correction in the USA is needed for me to think about buying again Short term bounces are just being sold into . It has been like that since March April Dub 10p is possible here and can see falls in other stocks I hold too

[ttlance] 01/7/2022 15:18

I'm staying out until the next quarterly results are released. I'm needing to see profitability in current operations. Any thoughts on the expected outcome for FAR if 2022 is still loss making?

[jailbird] 01/7/2022 15:06

But it is more that I understand how miners work who are still in early stage studies Takes years and a lot of cash to reach and achieve production status the by product whether Rarexearths or carbon are a side show in an attempt to feed the market something positive during the lull of drilling holes for the study Pilot plant is a side show but essential to retain skilled staff for the bigger asset

[jailbird] 01/7/2022 11:42

CyberYou are right about the half glass empty :-)But from 11p to 40p and back down to 13p... it has served me well for this Company at least

[cyberbub] 01/7/2022 11:19

*Any* net profit from any of the byproducts will reduce the net production cost of the Vanadium (which is already expected to be only $2.50). So while you might be right to take things with a 'pinch of salt' (you're always a glass half empty type JB ;-) ), I am not worried about the excellent economic case here!

[jailbird] 01/7/2022 10:57

It is laughable because Molb was talked up , now carbon is . Let's use a wait and see approach Company's concentrate will be a non-standard product it is difficult to forecast what discount to the N550 carbon black price might result from commercial negotiations, what level of offtake might be obtained and what transport costs might be incurred.Do not trust the CEO

[cyberbub] 01/7/2022 10:00

Yes Thomas, that's a modest downside, I don't think Mr Market had really expected much on this. The bulk carbon black substitute is likely to be much more lucrative than a sprinkling of REM...

[thomas11] 01/7/2022 09:02

Also rare earth metals no longer viable, this was being talked up at one point,

[cyberbub] 01/7/2022 08:49

The slight further delay to the overall Phase 2 BFS is the only downside I can see

[cyberbub] 01/7/2022 08:33

Why is it "laughable" jailbird?Seemed like a very positive update overall to me. Especially the carbon black bit and the thicker layers of ore...!