Bushveld Minerals Share Discussion Threads

[enewman36] 23/3/2017 16:06

bookworm you nob, they just had a placing recently, short to your hearts consent, hope you get skinned! DYOR before making stupid comments

[palinka] 23/3/2017 07:13

Bookworm touche

[bookwormrobert] 22/3/2017 18:22

No. Bushveld now ridiculously overvalued; I'm going short and waiting for the placing and the slump after the pump. The current price is pure BS.

[sonofbanjosinger] 21/3/2017 14:31

BMN nearly 400% up over the last few months with plenty more to come

[nash81] 21/3/2017 14:24

next to rise ala BMN, is RGM and JLP.

[palinka] 21/3/2017 11:44

Not too shabby!! :-)

[katylied] 20/3/2017 08:51

"The Wogen Financing comprises a US$3.0 million Product prepayment as part of the acquisition debt package for the Acquisition Transaction and inventory and receivable financing of US$6.0 million to optimise the position of the operations of Vametco Alloys. The Agreement provides for full repayment of prepayment facility by the end of 2018, notwithstanding it being repayable on demand. The overall term of the Agreement is five years, renewable by mutual agreement and Wogen will market the Product globally on an exclusive basis, with the exception of Japan and Taiwan which markets are covered exclusively by Sojitz Noble Alloys Corporation, the minority partner in SMC. Bushveld has agreed to guarantee Bushveld Vametco's payment obligations under the Agreement... As part of the Agreement, Wogen will receive 15,000,000 Bushveld warrants, each of which entitlies Wogen to subscribe at any time during the subscription period of three years in cash for one ordinary share in the capital of Bushveld Minerals Limited at the subscription price of 7.0 pence..."

[utsushi] 20/3/2017 08:46

Evraz acquired 73% of Strategic Minerals Corporation for $110m in 2006, which owns the Vametco Vanadium Mines, Bushveld is buying the same company for $17m, 15% of the original purchase price-I don't know how productive the mines are but its always good to pick up things in the sale, and the Vanadium price is rising.

The ability of the company to seal a sales/financing agreement with Wogan Resources PDQ highlights the attractiveness of the Strategic Minerals deal for Bushveld.

[sonofbanjosinger] 20/3/2017 08:00

Watch carefully this one has been under the radar for far too long

[katylied] 10/3/2017 08:59

4583 - lol! Classic. Plays the man, never the ball.
Pretty much sums up the LSE BB... Ho Hmmmmm...

[vauch] 10/3/2017 08:03

You have to love this share so under the radar on ADVFN.
Look in on LSE and over 200 postings a day

[sonofbanjosinger] 09/3/2017 22:58

Katy I have never seen a person, who is well in profit with a share ...actually be so negative about it......I think you are the person that looks a fool...26% up yesterday, 18% up today and up over 200% from its low....time to wake up and smell the coffee.

[loudspeaker] 09/3/2017 22:21

@Bookwormrobert .reading a few of your posts on BMN I conclude that you are the most ill researched poster in all my years of trading I have ever come across.
You really need to get out of investing on the AIM before you lose the shirt off your back.

[katylied] 09/3/2017 12:04

4581 - "Well someone has to talk to you Katy ...as you are a bit of a sad case !!!..."

No, you don't need to talk to me. Its just that in the apparent absence of any kind of life, it seems to be all you have... I'll put you on filter (the trash can) for a while. I know it may not stop you blathering, but you really don't need my help to make a fool of yourself. You will do a fine job all on your own...

Sonofbanjosinger9 Mar '17 - 11:51 - 4581 of 4582 0 0 (Filtered)

Enjoy...

[sonofbanjosinger] 09/3/2017 11:51

Well someone has to talk to you Katy ...as you are a bit of a sad case !!!

[enewman36] 09/3/2017 11:14

There is no mention as to how this has been funded....

[katylied] 09/3/2017 10:50

Yep, I'm well in profit.... Unimpressed though by the huge fall (partly dilution) since flotation. Shareholders have for 5yrs financed FM's on job training. Now shareholders both expect and deserve some payback...

Otherwise, what is the point of investing?
Is it just to belong to a clique on a BB?
Are you really that lonely?...

[sonofbanjosinger] 09/3/2017 10:45

I enjoying the nearly 200% rise ....what about you ?

[katylied] 09/3/2017 08:48

lol! You are an idiot SOBS, always have been, always will be.
The only thing you have talent for, is brown nosing your
fellow (some paid) failed rampers on the LSE BB...

Best advice for any would be investor = DYOR

This is ADVFN. This BB is for grown-ups
who still value free-speech...

Enjoy...

[sonofbanjosinger] 09/3/2017 03:54

Katy...you really are a class act..firstly the LSe is very informative group...which you already know, it contains one of the largest share holders and some very savy people, ....((unlike yourself) and yes they are very optmistic about their investment......why would you not be? The shares did drop to a low of 1.2p and as you say and need to get to 7.4p to break even from float...but you can hardly say that Fortune is a failure...he has steered this boat through some very rocky waters. Starting as primary an iron ore explorer and enduring one of the largest down turns in iron ore history...to now being a vanadium miner, producer and maybe a producer of vanadium batteries. With all the added benefits of holding a large amount of tin, coal and of course a 1 billion ton of iron ore resource ...so no Fortune is not a failure ...the market has been a failure ..but I reckon this is about to be re-addressed...obviously DYOR.

[katylied] 08/3/2017 19:28

Warrants sale? Clearly a buy at 3.225p. These derampers don't have a clue... :o)

Reminder:

Admission to AIM 36th March 2012, shares placed at 20p/share,
MktCap ~£56.7m (~284m shares in issue)

Currently ~770m shares(+warrants) in issue
So ~7.4p/share to break even the float...

Until FM achieves that, he remains a failure.
Just like all those LSE numpties who managed
over the years, to 'ramp' the share price all the
way down to just ~1.5p/share. Aided and
abetted of course, by Darwin...

[sonofbanjosinger] 08/3/2017 19:02

Yes some warrants sales are bound to happen...buts its all money in the bank for Bushvield. Whatever Katy has to say...this is a good opportunity to get into a share with an excellent chance to multi- bag over the next year and already 150% up on its lows a few months ago....obviously DYOR

[colin12345678] 08/3/2017 18:38

warrants sale at 3.225p i think thoughts guys?

[neilyb675] 08/3/2017 17:29

Bushveld Minerals Ltd’s (LON:BMN) game-changing acquisition of Strategic Minerals Corporation from Evraz Group has moved a step closer.

Bushveld Vametco and Evraz have both commenced preparations for the completion of the transaction by the long stop date of 31 March 2017.

The diversified mineral development company revealed that Bushveld Vametco, in which Bushveld has a 45% stake, has secured unconditional approval from the Competition Commission for the transaction.

Bushveld shares rose 22% on the news to 3.1p.

An application for ministerial consent has been lodged and is currently being evaluated.

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

[neilyb675] 08/3/2017 17:18

large buy, very large