TTLANCE — Yes, deep-pocketed backers are under no obligation to throw good money after bad. Indeed, exerting discipline is crucial to keeping their pockets deep.
The big difference between HZM and FAR is that the former was a high-cost project, with smelting at white-hot temperatures, which depended on a high nickel price to be economic. The processing envisioned by FAR involves chemical leaching at moderate temperatures — at much lower cost than other vanadium producers, whose process is comparable to nickel smelting. In addition, FAR's ore yields several valuable by-products. So the comparison with HZM is weak. |
Levi your comment that VBR has loads of cash doesn’t hold true in terms of the success of a mine. Take a look at Horizonte minerals, which was funded by Glencore, 50 times the size of VBR. HM went into administration after a glowing feasibility study |
Big off-take for the carbon black must be in the pipeline and coming given the pre-Xmas RNS's |
Your comment makes no sense. Price is very well supported, imo big take off . Close your short |
Why do you do say anything when it is down again ? |
Sir Mick Davis has a proven and established track-record for sure, working alongside Brian Gilbertson at Billiton which merged into BHP and then Xstrata with Willy Strothoffer which merged into Glencore, he was also Conservative Party Treasurer...his Vision Blue has loads of cash and capital if the need arises. |
Sir Mick Davis has a proven and established track-record for sure, working alongside Brian Gilbertson at Billiton which merged into BHP and then Xstrata with Willy Strothoffer which merged into Glencore, he was also Conservative Party Treasurer...his Vision Blue has loads of cash and capital if the need arises. |
I meant deramper. This is one heck of an exciting company |
The ramper is back . Imo £1 per share will be after any dilution and debt. The company fortunately has Sir Mick Davis at the helm - he built up Xstrata and Billiton into billions before they were taken overDyor these shares are as cheap as chips and wouldn't be so easy to find any other so obvious 10 bagger for 2025 |
With 2 billion shares in issue (if funding is agreed) the share price of a £1 is nonsense. Free cashflow for phase 1 at current commodity prices will be circa $50m. Giving EPS of 2.5p, 10% dividend yield gives a share price of 25p. That’s if the plant gets built and CBS is worth what the business says. |
That would be £500m mkt cap at £1The company have said The phase 1 plant will need huge injection of funding , mixture of debt and dilution so you should take that into account as well into the shares in issue that will be diluted from todays figure |
Wilo, I thought FAR said BFS was planned for Q2? |
And another 97,000 just bought |
And 100,000 more of buys in last 15 mins. Not for no good reason imo |
Nice stream of buys this morning. IMO very happy days ahead |
BFS is supposed to be out from SRK and Tetratech in March, even if slips to 09.25 will not matter as real progress is and has been made, 2025 should finally see proper re-rating and pricing at over GBP1.00 being conservative, it is a wonderful and unique resource and reserve for sure. |
Https://www.sinjienergy.com/10KW40KWh-VRFB-Vanadium-Battery-Energy-Storage-System-for-home-pd549255668.html8 Jan 2025 16:47As potentially both the worlds largest and lowest cost producer of Vanadium I'm sure that FAR will play an important part in providing the resources for this new energy storage technology. It's no wonder they are doing their research on electrolyte |
Https://www.sinjienergy.com/10KW40KWh-VRFB-Vanadium-Battery-Energy-Storage-System-for-home-pd549255668.html8 Jan 2025 16:47As potentially both the worlds largest and lowest cost producer of Vanadium I'm sure that FAR will play an important part in providing the resources for this new energy storage technology. It's no wonder they are doing their research on electrolyte. |
Up again !!!! Imo glory days ahead |
Buying started again today. IMO 15p v soon and pick up as much as poss whilst it's still under the radar. Sir Mick Davis did it at Xstrata and Billiton and I believe will do it here too. Happy Days ahead |
Buying has started again. IMO pick up as much as possible whilst this emerging giant is under the radar. 15p soon and imo £1 this year |
Up again .What the potential DIVIDENDS on this could be :CBS is 110million for phase 1 and approx 330-350 million for phase 2. Vanadium is +/- the same if when market picks up. Worst case scenario 300million a year over 20 years gives us a 3billion npv. Read the competent person's report on their website, exciting times ahead. |
Nice buying |
This is the directors of FAR talking. Should be a great 6 months ahead |
I'm buying these whenever the opportunity arises. Whilst it's still under the radar. GLA |
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