Brilliant news. First target 25p and £1 next year |
RNS
Taking shares as apposed to cash, they know where the share price is heading. |
Good buying this morning. Starting to build up . Off we go.... |
TT
You do blow hot and cold. Make your mind up I agree with your comment in 2022.
Been reading past FAR announcements, RNS dated 28th June 2021 gives me confidence in this investment. Sir Mick Davis, Chairman, commented: "The Ferro Alloy and Vision Blue teams have worked closely together over recent weeks to enhance the Feasibility Study for the Balasausqandiq vanadium deposit and we are looking forward to reporting on progress in the coming months. As we continue our work I am increasingly convinced of the Balasausqandiq deposit's potential to become the leading vanadium asset in the world. Uniquely, Balasausqandiq benefits from a combination of low capital and operating costs, access to infrastructure, an advantageous location and a scale that means it can meet our expectations for significant growth in demand for vanadium - which we foresee due to its growing use in high grade steel and flow batteries." |
Exactly. The Board are very shrewd and will act in the best interests of the Co. They also have share options at around these levels so of course what you say is right.Let's look forward to £1 Happy Christmas |
TY
Why are you assuming 2b shares.
They good do a raise when the share price is at £1
Raised at say 80p with only a few mil shares. |
Good buying this morning. Into the teens imminently |
Pre - Christmas RNS ! Waiting for good news imo |
Good Morning, shortie. Spouting your nonsense again. |
TTNo point entertaining this guy ( I assume )You can see the naivety and lack of knowledge in his posts The funding needs here will be huge and that if they can get it . There is no way this project will be constructed with NB at the helm. |
Just as I thought, you haven’t even taken into consideration how many shares will be in issue. Phase 1 completion is estimated to be in 2028 with phase 2 being 2032, FAR have said this will be raised with a combination of shares being issued and bonds. Likely to be 2 billion shares in issue, which equates to today’s current price of 10p giving the company a market cap of £200m, so £1 billion market cap gives a share price of 50p. There is an estimate to get phase 1 fully functional could result in even higher number of shares being issued. That’s if the plant ever gets constructed. They couldn’t even make the pilot plant profitable. Also there are hundreds of CBS companies out there that have product already on the market. |
With out checking it will be a massive amount of C/black substitute and it come at nearly zero cost being a by product from the main Vanadium plant.The current mineral resource estimate for the deposit amounts to some 33m tonnes of ore from only the first (of seven known) ore bodies within the Company's mining licence area.The deposit is expected to be large enough to eventually support an operation to treat up to 10m tonnes of ore per year, producing some 220,000 tonnes Imo crazy that the shares are not nearer £1 right now . Wait until this gets on the radar. Happy times |
In the interview he says the company can produce 220 thousand tonnes of C/ black substitutes per year At $500 per tonne.Reply |
It's obvious. 100m annual sales from Stage 1 alone of carbon black . With v low extraction cost. Even just assuming 2 Stages of it ( and there could be 5)Assume profit of 70% of revenue equates to profits if 140m p.a on Carbon black aloneOn a moderate PE of 7, this alone would value the FAR at 1 billionMaybe £1 per share is too low an expectationImo once this gets on the radar the price will be racing forward Could double again by Christmas even imo |
TT you have been here a long time or are you returning the company have stamped a future £1 to £2b NAV on the future revenue earnings.
Just a matter of time we are still under the radar. |
Levin I’d be interested to know how you come to the price of £1, please provide your calculation? Or is this just a random figure you have plucked from the air |
C G
Not bad great average mine is about 18p without checking. |
driver101 I've got 305,000 at 5.1p that's as deep as I can force myself to go 🫣 |
I missed the RNS yesterday, great news, investors need to know the size of the Vanadium reserves already revealed and even before the in coming FS the company has stated the company's massive reserve is so big Ferro will be able to control the world's Vanadium prices.
The RNS on the 2 Dec again the company has stated the amount of carbon black Ferro can produce will be able to control the price of C/black world wide.
Plus there is many more products coming on stream that could be worth £m's involving batteries & battery storage all needed in the new world of net zero carbons.
Any drop in the share price is only temporary until the penny drops.
Target £1 for starters then heading towards £2. |
Very positive development.Hopefully good chance of more news-flow as they get agreements for the rest of the products.IMO this is just the start of it |
You are consistently wrong. Into the teens today or tomorrow.You're forgetting the carbon black discovery where stage 1 alone has expected sakes of 100m +Imo this will be £1 per share in 2025 |
Who pays the piper? |
Never shorted a share in my life Just been here before , that's all Not to say that things may change for the better , but the if you look at the performance of the pilot plant it does not bode well at all for a full scale large operation does it That will be a huge undertaking to ensure it can run profitably and achieve nameplate capacity . Something the pilot plant is struggling with it since it has been installed |
With respect, I think you are talking intentional nonsense. You are obviously one of the few, silly shorts left . Will you still be talking like this if they are well over £1 in 2025 |
This morrow . Happy days |
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