Bushveld Minerals Share Discussion Threads

[neilyb675] 08/3/2017 17:18

large buy, very large

[vauch] 08/3/2017 17:16

Great closing purchase of 3860000 shares.
With press coverage this is set to go ballistic

[neilyb675] 08/3/2017 15:56

Busvheld Vametco has secured funding support for the balance of the acquisition comprising debt and mezannine debt instruments in respect of which it has signed term sheets.  Bushveld Vametco is in advanced stages of negotiating definitive legal agreements.

[katylied] 08/3/2017 14:38

Yep, relates to price movements in the electronic order-book.

"...A price monitoring extension is activated when the matching process would have otherwise resulted in an execution price that is a pre-determined percentage above or below the price of the most recent automated execution today..."

[arab3] 08/3/2017 14:37

is that 1m and a 500k buy just gone ?

[katylied] 08/3/2017 14:37

4563 - lol! Dream on numpty, its all in your deluded head.
There is no poster on ADVFN more irrelevant than you...

Enjoy...

[colin12345678] 08/3/2017 14:35

it just gives them time to sort out the books basically

[jenoyoyo] 08/3/2017 14:29

Can anyone explain in laymans terms the price monitoring extensions, tia.

[sonofbanjosinger] 08/3/2017 14:28

What multiple IDs ...I only one ID ..just keeping you in check..you wont keep this down ...I think you are the one that has has lost credibilty ....although not sure you had any in the first place

[sonofbanjosinger] 08/3/2017 14:19

Should also be getting some news on the tin ...soon.

[sonofbanjosinger] 08/3/2017 14:13

Trott on Katy....be at least positive once in your life ...I thought you sold out weeks ago.

[colin12345678] 08/3/2017 14:12

lol yea go read it again pal

[bookwormrobert] 08/3/2017 14:10

I've just looked at the deal closely. There certainly will be dilution involved. Not liking it much.

[katylied] 08/3/2017 14:05

Anyone baffled by Mezzanine debt instruments? See link below.
So yes, there will be an equity component, just not direct...



Gotta be a first for FM, putting out a timely RNS
to defend a sinking share price...

[colin12345678] 08/3/2017 13:55

FROM EXPLORER TO PRODUCER--WITH NO DILUTION

[colin12345678] 08/3/2017 13:15

WALLOPPPPP RNS NO DILUTION EITHER

[sonofbanjosinger] 23/2/2017 08:49

This is up over 130 % in the last few months ...with a lot more to come.

[bookwormrobert] 23/2/2017 08:46

Nickderby - your figures are incorrect. Look closer. Anyway, bye all.

[sonofbanjosinger] 23/2/2017 08:46

Well your 68k sell made a big difference..and obviously Katy you are sold out as well....so you can trott on. Let the LSe team take over now

[nickderby] 23/2/2017 08:24

BMR market cap £15m.
BMN market cap £20m.

Comparing vanadium (roughly).
BMR 45,000 tonnes.
BMN 1,000,000 tonnes plus Brits, plus Vametco.

BMR By-product.
BMN primary producer of vanadium.

No comparison!

BW filtered.

[vauch] 23/2/2017 08:09

I see why no one want to use the chat board, I will stick to the LSE chat forum instead.

Oh and for the record BW filtered along with over 100 other rubbish posters

[neilyb675] 23/2/2017 08:05

Nice deramp then ramp.....✔

[bookwormrobert] 23/2/2017 08:00

Hi, Everybody!
Here's why I sold out my stake here after yesterday's RNS:
1. There is a real and present danger of South Africa turning into Zimbabwe, and yesterday's shenanigans about Black Empowerment brought it home to me. (See Mining Weekly passim for further details - Black Empowerment is of course just code for money for ANC bureaucrats).
2. Though I am a firm believer in vanadium demand growing in the next few years as vanadium flow redox batteries are widely adopted, readers might want to ask themselves why Evraz are selling Vametco now. Also, they might want to take a look at Largo Resources on the Toronto Sotick Exchange. It's the world's only current vanadium only miner, and it is in dire financial straits.
3. My money has gone to Berkeley Mineral Resources (BMR), which is currently building a plant to reprocess the tailings from the giant old Kabwe mine in Zambia. They have over 2.5 bn worth of metal in those tailings, including 1 bn of Vanadium (i.e. as much as BMN). It's very cheap for them to extract this (nothing to mine). And they currently have a tiny market cap - i.e. lots of room for the stock to grow. For my money, it's a far better prospect.