|Yes, looking good for next week.|
|Excellent posts over on LSE from BBN today.I am expecting an RNS to drop on Monday !|
|The one analyst offering a 12 month price target expects Bushveld Minerals Limited share price to rise to 7.40 in the next year from the last price of 2.60.
As of Jan 28, 2017, the investment analyst covering Bushveld Minerals Limited advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts deteriorated on Nov 18, 2013. The previous consensus forecast advised investors to purchase equity in Bushveld Minerals Limited.
|Well there you have it. Next door neighbour, tiddler Ironveld, has just nudged ahead in the MktCap stakes. Un-effing-believable! No doubt about it, as ever, when it comes to supportive newsflow (aka PR), our BMN BoD are world-class numpties...
Remember the CREC MoU? How it was just quietly forgotten?
Better not happen this time with VBKom... Grrrrr!
More warrants, another ~£50,000|
|Recently issued shares from warrants being sold off today - i.e. buying opportunity!|
|Hi Septimus! In general, I agree with you about AIM; though there are perfectly solid dividend shares like EHG and SHOE on AIM.
But I don't see why you've posted this comment on this board - Bushveld is a company with a clear and exciting plan. Yes, there is risk here, but there is also the potential of a very exciting return.|
resistance points at: 3.267, and 3.433
very strong buy opinion|
|AIM is a money pit for the small investor.
Most of these investments seem to rely on:
1) establishing some form of income stream before the equity runs out
2) hoping for a buyout
3) Another share issue, diluting the original investors into oblivion (then rinse and repeat 1 and 2)|
|AIM is littered with resource stocks that came to market at overinflated valuations, in the late-noughties. That means nothing.|
|If you still holding you could be a very rich person in the coming weeks|
|Hi Bobby.ifa! Yes, please feel free to share. I looked at RedT as an investment prospect. I was put off when I realised that there are at least 30 other Vanadium Redox battery makers worldwide, all trying to make money in the same space. I'm 100% confident that one of these companies will make a fortune - maybe 3 or 4 of them. But which ones? Will one of them be RedT? I couldn't make up my mind.|
|Thanks bookworm, that is most concise & informative. Could I share this information on a REDT thread I'm following?|
|We also have some exciting prospects with Tin. That should be announced by the end of the month.|
1. Lithium (Li-ion) is ideal for use in small/medium-sized batteries, up to the size of those in automobiles. There will be a big roll out of electric vehicles by Ford / Tesla / Japanese makers over the next few years, and lithium will be a metal in serious shortage. I think the best lithium share is EMH (I'm invested there). Others might say Bacanora (BCN). Beware, some of the American / Canadian / Australian shares are wildly overpriced for what they are.
2. Vanadium has two basic uses - one is to make a steel alloy (adding a small amount of Vanadium can increase steel tensile strength by 30%). This use has been around for years. The new use of Vanadium is in Vanadium Redox flow batteries. These are big equipment, suitable for storing the intermittent power produced by things like solar and wind farms. (See Bushveld web site for examples, or indeed RedT Energy).
3. I researched RedT Energy and I didn't invest when I realised there were over 60 battery companies in the same space. One or two of them will make it big and get rich, but I wasn't convinced that one would be RedT.
4. Bushveld's approach, I think, is better than RedT's. Currently, the cost of the Vanadium makes up 30% of the cost of the finished battery - an amount that will only increase with time. Bushveld's thinking is to create a vertically integrated company - from mine to processing to battery production. I like this approach; I only hope the company can execute correctly.
5. BMN (Berkeley Minerals) have a tailings operation in Zambia, based on the site of the world's former biggest lead mine. They have indeed just announced exciting Vanadium yields from the tailings, and on that basis I've put a little money in them (not nearly as much as I have in Bushveld). They won't be in production until later this year / 2018.
6. Other than that, you don't have many choices about a pure Vanadium mining play. Largo Resources on Toronto stock exchange are a pure Vanadium producer, but they are hamstrung by a ridiculous sales exclusivity agreement with Glencore that still has 4 years to run. Most other Vanadium is produced by the senior multi-metal miners, often as a by-product.
7. In conclusion, I believe Vanadium is currently the metal with the most exciting economic prospects. Followed by Lithium, Zinc, Tin, Uranium and few others.
I hope this helps!|
|I would say start to get excited....this is going to blow. The cat is well and truely out of the bag.|
|bobby.ifa, pls read the past history of a poster called BigBiteNow on the other bb. Very informative and objective, though he is heavily invested since a year ago.|
|2.75 - 2.95 (GBX) at 14:33:14
on Market (LSE)|
|Try HTTP://www.bushveldenergy.com/ then
research Bushveld and Vametco...|
|Warrants excercised. That is an extra £168,516 raised. share price falls and normal service resummed as tiddler Ironveld MktCap once again closes on BMN... Go figure...|
|I like many others are sitting on 100% so I'm not surprised to see some selling.
As for me I in for the long haul.
This bottomed between mid august and early November with a slow start at first.
Id rather it moved up slower as it is more sustainable for the share price.|
|My only explanation for the strange share price movements of the last two days is that a placing will be announced tonight / tomorrow. (I.e. I think the news has leaked and people are selling, and also that the broker may be naked selling forward.)
Any other ideas? I can't see any reasons for the sudden retrace otherwise.|
|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.|