Bushveld Minerals Share Discussion Threads

[bookwormrobert] 22/2/2017 16:19

Frankly, I'm surprised the share price has gone up today. After reading the two RNS's I feel uneasy and suspicious; I don't like this kind of financial slight of hand. I might well sell my stake here tomorrow.

[vauch] 22/2/2017 15:49

Now we have a better understanding of the proses this is looking real "HOT"

[irishlass2] 12/2/2017 17:35

Yes, looking good for next week.

[kenco7] 10/2/2017 00:24

Excellent posts over on LSE from BBN today.I am expecting an RNS to drop on Monday !

[neilyb675] 02/2/2017 16:58

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.

[katylied] 01/2/2017 14:44

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!

[edit]

More warrants, another ~£50,000

[bookwormrobert] 31/1/2017 08:49

Recently issued shares from warrants being sold off today - i.e. buying opportunity!

[bookwormrobert] 30/1/2017 11:46

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.

[neilyb675] 29/1/2017 11:06

hxxps://www.barchart.com/stocks/quotes/BMN.LS/cheat-sheet

resistance points at: 3.267, and 3.433

hxxps://www.barchart.com/stocks/quotes/BMN.LS/opinion

very strong buy opinion

[septimus quaid] 28/1/2017 07:54

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

or,

2) hoping for a buyout

or,

3) Another share issue, diluting the original investors into oblivion (then rinse and repeat 1 and 2)

[divmad] 28/1/2017 07:34

AIM is littered with resource stocks that came to market at overinflated valuations, in the late-noughties. That means nothing.

[kenco7] 27/1/2017 21:04

If you still holding you could be a very rich person in the coming weeks

[bookwormrobert] 24/1/2017 07:57

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.

[bobby.ifa] 23/1/2017 17:30

Thanks bookworm, that is most concise & informative. Could I share this information on a REDT thread I'm following?

[sonofbanjosinger] 21/1/2017 21:03

We also have some exciting prospects with Tin. That should be announced by the end of the month.

[bookwormrobert] 21/1/2017 20:45

Hi Bobby.ifa!
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!

[sonofbanjosinger] 21/1/2017 20:32

I would say start to get excited....this is going to blow. The cat is well and truely out of the bag.

[divmad] 21/1/2017 20:13

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.

[neilyb675] 20/1/2017 14:35

2.75 - 2.95 (GBX) at 14:33:14
on Market (LSE)

[katylied] 20/1/2017 12:19

Try then
research Bushveld and Vametco...

[katylied] 20/1/2017 10:28

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...

[vauch] 19/1/2017 15:47

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.

[bookwormrobert] 19/1/2017 15:38

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.

[katylied] 17/1/2017 18:07

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

Placing warrants
19,333,334 @2.4p 2016/08/25 - 2yrs

Yellow Dragon
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

[theblackbaron] 17/1/2017 14:10

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