|The more recent warrants include (worth ~£1.3m)
Beaufort Securities broker warrants
5,357,143 @2.8p 2016/10/21 - 3yrs
3,866,667 @1.5p 2016/08/25 - 5yrs
19,333,334 @2.4p 2016/08/25 - 2yrs
25,000,000 @2.4p 2016/06/03 - 2yrs
There are also pre 2016 warrants most with
higher strike prices, some may have expired,
otherwise maybe ~10,000,000 outstanding
at an average of ~5p|
|hmmm i think our ceo going to place again at these levels and the 2.8 warrants will be vested soon.
Derisked a bit 3p is a barrier due to the strong upward price|
|Well I must say my BMN 'wealth' is looking a lot better today. I just pray it sticks and no more rogering the SP, with cheap share-issues. Shouldn't happen, 'cos there are a bunch of warrants out there, that are now in the money. End of January is the deadline for MOU due-diligence over Greenhills-Mokopane by VBKom. Hopefully that will result in a definite deal (and not just get extended). The promise of some nearer term cash-flow from the Tin, would be very good news indeed...|
|Hi KatyLied! I think justice is just arriving for this share. Though, even after this jump, Bushveld is still way undervalued. People haven't yet fully understood what the future demand for Vanadium will be; it's more important to the battery revolution than even lithium.|
|"...many people on here are looking at Bushveld as a trading opportunity..."
That would account for the deluge of 'pump & dump' one liners that you see every day? Oh hang about! there aren't any! In fact, most people watching this thread are long-termers carrying losses (dare I say stale-bulls?) Admittedly, not as bad a situation as on the LSE BB, where losses are larger and tempers often frayed, on account of all the years of relentless paid (and failed) ramping...
BMN's PQ iron-ore (Ti, V, and phosphate) project is on a back-burner. Almost 1bn tonnes of good quality ore in relatively developed (infrastructure) South Africa. Meanwhile ZIOC in the Congo (not the DRC, the other bit), has seen an share price increase of well over 200% since Nov 2016. ZIOC may be the highest quality iron-ore resourcre in the world, but it will cost an eye-watering amount of money to ever actually produce and ship any. ZIOC is in the middle of a jungle with no transport infrastructure and no access to any existing port (a new port will have to be built). Yet that share price increase puts the ZIOC MktCap currently at ~£32m. Yet our beloved BMN is only worth ~£15m. IS THERE NO JUSTICE IN THIS WORLD?... :o)|
|Thanks, dryboy. In general, I think too many people on here are looking at Bushveld as a trading opportunity, and not enough as an investment opportunity. Vanadium is (probably) THE metal of the future (even more than lithium). I get that traders trade, but this is one share that surely is a long term hold.|
|Some tasty buys shown up|
|Farmers work in the field, lol|
|bookwormrobert. Try the LSE bulletin board. Loads more info and if you work in the field your knowledge could be helpful.|
|Hi All! I bought in today on the slight dip as a long term hold. I work in the field, and there's no question in my mind that Vanadium is one of the right metals to invest in. (Also, I'd add Platinum, Zinc, Rare Earths and Lithium to that list). The question is, can the company execute their strategy? Let's hope so!|
|Let's see what tomorrow brings|
|Trouble is the markets are so crooked today you don't know if the sells are genuine.
Are the sells a holder selling, are they shorts or are they new placing stock being forward sold.|
|Quite a big volume day today. Remained flat despite and obvious seller (from last placing?) offloading. Some big buys also. Interested to see if there is a delayed order at 5.30|
|Looking much better. Now if only FM can resist the temptation to issue yet more cheap equity to the bucket shops. Fingers (and everything else) crossed...
Admission to AIM 36th March 2012, shares placed at 20p/share, MktCap ~£56.7m (~284m shares in issue)
Today (almost 5yrs later!) MktCap £14.52m (~684m shares in issue)
To break-even on admission MktCap, requires ~8.3p/share|
|What does yesterday's RNS say about the value of BMN's existing tin assets then?|
|There, much better. Keep that up
and I will cut you some slack...|
|Oh, and thats 4 posts now bennyben in almost
5 years. All today on this thread. lol...
And don't use nick's illness again. The guy
will be very stressed considering the
losses he must be carrying...|
|Have you guys (or guy) ever been observed in the same room at the same time? No, thought not. You are not fooling anyone. RNS out today, but as usual you have nothing to say. Looks like a highly dubious deal to me. We should be focused on the finance for Vametco, not yet another non-producing asset. What do you think? C'mon there is more to this game than just slagging off people who deny you your snowflake 'safe space'...|
|It certainly has Banjo. If we don't re-rate soon i give up. Might start doing the Accumulators!|
|Indeed Ben its been a long journey, but all the pieces seem to be coming together...|
|KatyLied, no idea about the post that's been edited. I used to enjoy your posts on here but you seem to just slam anyone that says anything positive nowadays. I assumed that you knew about Nick as you quoted an old post from LSE recently. I'm certainly no expert but enjoy reading the BBs, here's hoping that the posters on here can have constructive debates going forward (and finally get into profit in the near future) :-)|
|Its quite funny if you actually had a ounce of interest in Bushveild you would at the very least look in at LSe board ...from time to time|
|Why has Nick used his cancer as a weapon?... obviously he did not mention it because he did not want you to know.....you get on with your trotting .....trot on|
|RNS - "Under the terms of the agreement, Greenhills Resources commits to conduct due diligence on the Uis Tin Project, following which, if a successful outcome is attained, Greenhills Resources intends to acquire the initial 49% shareholding for a consideration equal to 41,000,000 ordinary shares in Bushveld Minerals (a total sterling amount of approximately GBP0.65m at the closing price on 12 December 2016). The agreement provides for Greenhills Resources to conduct due diligence on the Project over the period to 31 March 2017. The proposed acquisition is also subject to, inter alia, regulatory approvals and negotiation of definitive agreements, including a share purchase agreement..."|