Bushveld Minerals Share Discussion Threads

[letmepass] 26/3/2018 15:17

Doubt it.. Loan cleared.. Onwards and upwards

[toolsmoker] 26/3/2018 15:08

That's a bit naughty back to 10p then

[rayitovallecano123] 26/3/2018 11:32

I'm also following a Canadian company that stands for LGO, long resources, I see that Bmn is a producer and is already selling Vanadium, you recommend me better than LGO, and if you can send me a historical chart of vanadium prices, I have been seeing articles and talk that is going to be the metal that is used in the storage of energy and that could be like lithium in years ago, thanks from Spain madrid and grateful and I am excited to know this world of mining especially vanadium

[rayitovallecano123] 26/3/2018 11:28

I see that it has a good growth, good future, I have been seeing the graph and it does not stop rising, what I want to say is if they are going to convert the bonds into shares, my fear is to enter now and that the bonds are sold in shares to market, you recommend me to buy or wait, thanks for your help I am new and I am starting to operate

[knuttie] 26/3/2018 10:33

rayitovallecano123 I think you will need to rephrase your question because it is very unclear, certainly to me , what it is you are asking.

The convertible bonds will convert to shares in future which will lead to a relatively small dilution of the current shares. Perhaps that is what you are looking for.

[vauch] 26/3/2018 09:31

Also good info on LSE BMN board

[psbhoy] 26/3/2018 08:45

Have a look at website called the Bushveld Perspective

[rayitovallecano123] 26/3/2018 07:11

good morning from madrid spain, I am new and want to invest in this company, I am a newbie and I would like to know how it will affect the exercises of convertible bonds in shares, thanks and greetings I would like comments about this

[rayitovallecano123] 26/3/2018 07:07

good morning from madrid spain, I am new and want to invest in this company, I am a newbie and I would like to know how it will affect the exercises of convertible bonds in shares, thanks and greetings I would like comments about this

[katylied] 22/3/2018 18:31

Great volume (buys and sells) these last few days. Hopefully, by flushing sellers, a good support level has been established. First day we have finished lower than we started I think, so its possible the share price may take a breather. Some punters will be taking profits for the approaching Tax-Year end. Then more good near-term news from SA hopefully, be it renewables and/or mining. And obviously the April Q1 Vametco update could then kick-start more of the same. "Deja Vu all over again"... lol

[guyswonga74] 21/3/2018 20:42

Very quiet here today. Especially since we broke into the 13s

[guyswonga74] 20/3/2018 18:26

Good consolidation and poised for s love into the 13/14p range tomorrow

[vauch] 19/3/2018 12:48

And it will now allow the rerate to take hold. onto 30p

[sherlock2020] 17/3/2018 08:57

... As far as Atlas selling anything now they just converted (essentially bought) 8M at 8.32p and would be insane to sell a single share until the rerate has run its course.

[katylied] 17/3/2018 08:35

Are you refering to?...



If so, I would say no. Firstly IPP projects take a long time to get built and deliver revenue (if ever). The project BFS is supposed to be completed in H1 this year. That is another important milestone, but there will be others before financial close (hopefully in 2019 at the latest, with all permits in place). You should take a longish view on Lemur's IPP, but it is possible that Lemur will get floated in the more near term like AfriTin, but hopefully with more success for BMN shareholders. Personally I would prefer it, if BMN could just trade sell Lemur on, for cash.

The reason for this week's BMN share price rise, is simply that BMN has been like a coiled spring (substantially undervalued on it's Vametco operation) while a large shareholder (probably Erongo) has been dumping shares (and depressing the SP) for some months. That now seems to have been cleared, though it remains to be seen whether Atlas have also been selling (they will have a further ~9 million shares as of next Tuesday). There has also been much good news in South Africa with Zuma's fall. The expectation now is that SA is about to become much more investor friendly (particularly mining) under a much more competent (and honest?) new President Ramaphosa. So there has been pent up pressure under BMN's SP, most of it IMO, being Vanadium/Politics related...

[devon12] 17/3/2018 08:03

Is the news regarding coal on mining weekly cause for some of this rise.

[dmitribollokov] 15/3/2018 16:39

Wow what a finish!

[katylied] 15/3/2018 16:12

Thanks JakNife, but like I said I don't really care. There was some useful stuff in it and given the share price target of just 14p and FeV target of US$30/kg by 2020, clearly BMN weren't paying them anywhere near enough... :o)

[psbhoy] 15/3/2018 15:47

Share of the year for me last year...and likely to do the same again this year

[inthemix] 15/3/2018 12:49

Not invested here but it's all looking good for you guys. BMN an MRS will be best performing shares this year I reckon.

[katylied] 10/3/2018 16:33

I've no idea who these ARC guys are (nor care much), but there is a lot of quite useful information in this 40 page analyst note. They may have set a current share price price target of just 14p, but overall it reads as a very conservative analysis which assumes the longer term FeV price flatlines at US$30/kg by 2020 (currently it is more like US$60/kg and a supply deficit is only likely to grow in that short time-frame). It also does not attribute much value to parts of the business other than Vametco, though that really should change in post-Zuma SA 2018 (Energy, Mokopane, 17% AfriTin and even Lemur which also seems destined to float)...

[waldron] 28/2/2018 16:12

Vanadium flow batteries to 'revolutionise' power industry
15:50 28 Feb 2018

Bushveld Energy's Mikhail Nikomarov caught up with Proactive's Andrew Scott to update on developments with their first vanadium redox flow battery (VRFB) deployment in South Africa.

The system's being deployed with Eskom, the country's national power utility, at its Research, Testing and Development Centre.

He says they're expecting to deliver and commission it towards the end of Q2 this year.

''It's quite exciting ... it's our first project and from Eskom's point of view it's an ability to really test how the technology works for the purposes that they expect''.

Nikomarov also touches on the broader potential and applications for the technology - not just in South Africa, but globally.

''There are some regions that are heavily pushing the technology - an example is China.''

''The country actually has a formal policy that came out at the end of 2017 where they basically mandated that they're going to look at 100MW-sized Vanadium Redox Flow Batteries''

[grandmasterglitch] 26/2/2018 22:24

A security with a Ba3/BB- rating is considered below investment grade.

Junk Status for Eskom.


Friday, 26 January 2018: Moody’s Investor Services (Moody’s) has downgraded to ‘B1 from Ba3’ the long-term corporate family rating (CFR) of Eskom; the zero coupon eurobonds rating has similarly been revised to ‘B1’ from ‘Ba3’ in line with the CFR and the global medium term note (GMTN) programme and the senior unsecured GMTNs of Eskom have been downgraded to ‘(P)B2/B2 from (P)B1/B1’. All Moody’s ratings remain under review for further downgrades.
 
While the rating agency views the recent interventions, including the appointment of the Board by Deputy President Ramaphosa as favourable actions in bolstering the credit quality of Eskom; Moody’s cited Eskom’s deteriorating liquidity and the ability of Government to provide direct equity support to Eskom.