Bushveld Minerals Share Discussion Threads

[jc2706] 24/5/2018 11:12

Well, considering (in the main) the quality of the contributions on other board, I am not sure it is particularly required.

[au24] 24/5/2018 10:33

This board is lacking in chat unlike the Other board for L/T holders.

[au24] 24/5/2018 10:31

JCWould be nice to have More posts here on ADVFN

[jc2706] 24/5/2018 10:17

Taken from the 'other board'! You have kept the typo even. :-)

[abbotslynn] 23/5/2018 21:16

Exciting times

And still we only ever talk about Vametco. Which makes us even more ludicrously undervalued.
We essentially own Mokopane, one of the world's finest Vanadium assets,
Bushveld Energy - which threatens to exceed the value of Vametco, Brits - Vametco's sibling,
through Imaloto coal we are helping Madagascar deliver an infrastructure the like of which it has never had
and own a substantial chunk of Afritin, the only Tin ayfprm on AIM and Africa's soon to be Tin champion.
None of these are factored into any valuations so far and most of which would be flagship projects for other companies.
Sub 20p is,absolutely ludicrous.
When you factor all those elements in, £1 would look cheap.

[jc2706] 22/5/2018 15:25

Well, it may be a democracy but 'only just' (both in terms of timescales and practice!). The CIA handbook reading on Madagascar does not make for particularly happy reading. However, that is not to suggest that they are about to erupt into violence or a bout of nationalisation and there is no doubt that this is a project that would be beneficial to the economy. Worth noting that the unemployment rate is very low in Madagascar but I suspect that the jobs that will created here will be better paid than the mostly agricultural work available in the country.

[katylied] 22/5/2018 10:30

RNS Number : 8556O - Lemur Concludes Concession Agreement



Well, there is no denying they are making good progress. Note, elections scheduled this year for Nov (President) and Dec (National Assembly). As long as the balance of power does not change, no worries. A potentially different story if it does...

[abbotslynn] 16/5/2018 14:10

Another great encouragement for our share price from the internet today-

Using the production guidance of 3,680 tonnes, FeV at $75 per kg and all in costs of $25 per kg (conservative), Vametco generates $184m net profits, our share is $107m. That gives us profits after tax of £57m and a forward PE of just 4.11 at the current share price of 21.85p.

A fair PE of 15 would increase our share price to 80p.

Production increases to 5,000 tonnes pa next year, increases our share of profits after tax to £77m, giving us a forward PE of just 3.02.

A fair PE of 15 would increase our share price to £1.08.

Taking out Sojitz and producing 5,000 tonnes pa at the current FeV price increases our profits after tax to £98m, giving a forward PE of just 2.38, at the current share price of 21.85p.

A fair PE of 15 would increase our share price to £1.38.

This just takes into account Vametco.

Bring on Mokopane, Brits, Bushveld Energy, electrolyte, Eskom, brownfield, Imaloto coal, etc! :)

[dmitribollokov] 15/5/2018 20:43

Nice bounce off the bottom rail of the uptrend today btw...

[dmitribollokov] 15/5/2018 20:42

Yep it’s worth a quid for starters...

[abbotslynn] 15/5/2018 20:38

This Company will IMO Multi bag in the near future

17th - 18th May 2018 121 Mining Investment conference

What is your rationale for attending 121 Mining Investment?

Bushveld Minerals’ objectives for attending the 121 Mining Investment conference are:
1) to increase awareness of the company in the market particularly within institutional investors 2) introduce more institutional shareholders to the company’s register which would bring an ideal balance.

The Company is a significant producer in the global vanadium market with a current market share of approximately 3.5% set to increase to over 5% by 2019. As the company continues to grow its vanadium production, while reducing its cost, Bushveld is set to be in an even stronger cash position, which is expected to reflect in the stock performance.

What recent news would you like to highlight to investors attending?
On 26 March 2018 the company that it raised approximately US$22.2 million (£15.7 million) through an equity placing. The planned use of the proceeds is at follows:
Redeem the outstanding Atlas Capital Convertible Bond (US$6.3m) (£4.5 million).
Simplify Bushveld Minerals organisational and corporate structure to improve Bushveld’s exposure to the underlying cash flows of its assets (US$9.0m) (£6.4 million)

Support for Bushveld vanadium expansion programme: Expansion of the vanadium reserves and resources at the Vametco mine and Brits Project for future production and support Vametco’s expansion plans to increase production to more than 5,000mtV and beyond (US$5.6m) (£4.0 million)

On the 20 December 2017 the company completed the acquisition of Bushveld Vametco Limited, which it now owns 100%, resulting in a 59% controlling interest in Vametco Alloys (Pty) Ltd a primary vanadium mining and processing company.
What are your key goals for the next 3, 6 and 12 months?
3 Months:
To build Bushveld Vanadium into one of the largest, lowest cost, integrated vanadium platforms in the world.
Successfully complete the second phase of the expansion project by June 2018 which will take capacity to 3,750 MTV through a self-funded capex of US$2.5m.
Support Bushveld vanadium expansion programme: Expansion of the vanadium reserves and resources at the Vametco mine and Brits Project for future production and support Vametco’s expansion plans to increase production to more than 5,000mtV and beyond.

Redeem the outstanding Atlas Capital Convertible Bond.
Simplify Bushveld Minerals organisational and corporate structure to improve Bushveld’s exposure to the underlying cash flows of its assets
Successful deployment of the first vanadium redox flow battery in South Africa, with commissioning expected in the first half of 2018.
6 Months:
To build Bushveld Vanadium into one of the largest, lowest cost, integrated vanadium platforms in the world.

Commence the third phase of the expansion project by 2019 which will take capacity to over 5,000 MTV
Support Bushveld vanadium expansion programme: Expansion of the vanadium reserves and resources at the Vametco mine and Brits Project for future production
Successful deployment of the first vanadium redox flow battery in South Africa.
Simplify Bushveld Minerals organisational and corporate structure to improve Bushveld’s exposure to the underlying cash flows of its assets
12 Months:
To build Bushveld Vanadium into one of the largest, lowest cost, integrated vanadium platforms in the world.
Successfully complete the third phase of the expansion project by 2019 which will take capacity to over 5,000 MTV

Support Bushveld vanadium expansion programme: Expansion of the vanadium reserves and resources at the Vametco mine and Brits Project for future production
Successful deployment of the first vanadium redox flow battery in South Africa.
Simplify Bushveld Minerals organisational and corporate structure to improve Bushveld’s exposure to the underlying cash flows of its assets
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
The main key risk facing the company is the volatility of the vanadium price. Despite the strong YTD performance of the vanadium price, which has risen by more than 50% and more than 300% in the past 24 months, Bushveld Minerals gives great importance to both mid and low price scenarios. In order to mitigate the impact of a lower price Bushveld is focused on being the lowest cost vanadium producing company by striving to sustainably reduce its cost through several structural changes and productivity initiatives.

In a sentence, what do you think makes your company such a compelling investment?
Bushveld Minerals is one of the largest primary vanadium producing companies with ~3.5% of global market share expected to grow to over 5% by 2019.
Bushveld Minerals Limited is a significant, low cost, integrated primary vanadium producer globally through its owned high-grade assets; run by a dedicated team with a proven track record in mineral project development. The strategy is to increase vanadium market share by over 5% by continuing to target brownfield processing infrastructure to complement our substantial resource base.
The company’s strategy is based on four key pillars: (a) choosing commodities with a positive market outlook; (b) developing assets with a low cost curve positioning; (c) executing a clear realisable path to production and, thus, cash flows and (d) ensuring scalability. These are important factors in ensuring a positive return on investment.

hxxps://www.weare121.com/121mininginvestment-london/client/bushveld-minerals/

[kenco7] 11/5/2018 19:17

How stupid you look now wolf in the tub lol

[seanywauny] 09/5/2018 10:37

Time to get rid of share price Angel. The thorn in BMN's side. They are absolutely useless.

[abbotslynn] 08/5/2018 16:21

Thought I would pass on this message by a fellow BMN holder on another internet site this week-
Enjoy

Imo, there is an excellent chance that Bushveld’s share price will be well in excess of £1 next year.

Firstly, last week’s webinar confirmed our thoughts on the future of the FeV price.
Demand/supply forecasts show that it is going to be a very favourable period for all vanadium producers over the next few years.
The supply shortage is set to continue; there will be growing vanadium demand and only limited new supply coming on line, mainly through our own expansion and from Largo’s expansion.
Therefore the FeV price will remain very strong throughout this period and from a starting point of around $70 to $75 per kg, any bounce will be very positive for both BMN’s profits and therefore it’s share price.

Secondly, we know that Phase 3 of the Vametco expansion is underway and is likely to be finished ahead of schedule, taking our production to over 5,000 tonnes pa.
Thirdly, the planned Sojitz buyout will take our Vametco share to 74%.

Buying out Sojitz and producing 5,000 tonnes pa at an average FeV price of $75, gives Bushveld profits after tax of £95m, giving a forward PE of just 2.61, at the current share price of 23.2p.

With our incredible growth prospects, I think it is easy to justify a PE of at least 15. That would give us a share price based on those figures of £1.33 later next year.

The FeV price almost certainly has further to rise from its current levels, increasing our profits and therefore our share price even further.

Also, bear in mind that this valuation only takes into account our share of Vametco.

We also have so much more to come.

In no particular order.
Mokopane mining licence (imminent).
Details of Mokopane early revenue generation.
Brits vanadium resource news.
Bushveld Energy contracts/progress.
Electrolyte production news.
Eskom VRFBs.
Potential brownfield addition.
Imaloto coal.
etc!

It’s been said many times before, Vametco is definitely just the launchpad.

Bring on £1 and beyond!

DYOR of course :)

[vauch] 04/5/2018 12:07

We need sellers to help fill the buy orders.

[coldspring] 04/5/2018 12:00

SP red? Surely a mistake..........all good news and folk are selling. Maybe a profit take I suppose.

[abbotslynn] 03/5/2018 20:24

3 May 2018
NON-REGULATORY ANNOUNCEMENT
Bushveld Minerals Limited
("Bushveld" or the "Company")
An invitation to Bushveld Minerals and Bushveld Energy's
interactive webinar Vanadium 101 on May 3, 2018
Johannesburg, May 3, 2018 - Bushveld Minerals Limited (AIM:BMN), the AIM-listed integrated vanadium producer, and its 84 per cent owned energy subsidiary, Bushveld Energy Limited ("Bushveld Energy"), are hosting a Vanadium 101 interactive webinar for the investment and media community today at 13:00 (GMT+1), 14:00 (SAST). Pre-register and access the webinar here.
Fortune Mojapelo, CEO of Bushveld Minerals, and Mikhail Nikomarov, CEO of Bushveld Energy, will be hosting this interactive webinar which will feature in-depth, independent research based insights on the vanadium markets, including:
What is vanadium and what are the characteristics and resulting applications of vanadium?
What are the key drivers of demand for vanadium and what is the outlook for these going forward?
What impact can be expected for vanadium demand from Chinese regulations in the construction industry?
How real is the energy storage opportunity for vanadium and how big is it?
How big and how real is the surplus/latent capacity of vanadium slag producing steel plants?
How sustainable are the current levels of vanadium prices going forward?
How real are the substitution risks for vanadium in the current vanadium price environment?
This interactive webinar will consist of a presentation followed by a Q&A session and is expected to run for approximately 75 minutes. Details for the event are as follows:
Date: Thursday, May 3, 2018

Time: 13:00 (GMT+1) / 14:00 (SAST)

Why did I not buy more is all I can think about now,well I'm sure I will be looking at adding again very shortly once I have fully digested this afternoons webinar

[abbotslynn] 01/5/2018 14:48

April 2018
Bushveld Minerals Limited (LON:BMN) has said it is pleased with the ‘strong performance’ at its Vametco vanadium operation during the first quarter of 2018, as the first phase of the expansion project was completed.

In an operational update, the AIM-listed firm said Vametco produced 731 metric tonnes of vanadium (mtV) in the form of Nitorvan, an 35.5% increase from the fourth quarter 2017, supported by the completion of phase one of the expansion project.

Bushveld Minerals encouraged by progress of Bushveld Energy subsidiary
The company said the Metal Bulletin vanadium price based on the average mid-price for the quarter increased by 58.1% to US$61.8 per kilogram of vanadium.
The group said phase two of the expansion project ay Vametco is progressing and, once complete, will increase production capacity to 3,750 mtV.

Fortune Mojapelo, CEO of Bushveld Minerals, said:” Plans for commencing Phase three are progressing to schedule. The results of the Vametco expansion project to position us to achieve production capacity of 5,000 mtV by 2019 are coming through positively, and our previously stated 2018 guidance remains unchanged.”
He added: “The plans being implemented will undoubtedly further enhance our competitive position in this structurally challenged market whilst our integrated platform will allow us to develop downstream operation and product diversification."
Bushveld said it has also commenced an exploration programme at the Brits Project, which has shown positive drilling results....................

Proactiveinvestors

[abbotslynn] 01/5/2018 14:03

The share price at the moment is still not pushed far enough north at 23p IMO and that's not accounting for the extra news that is still to come.
70p has been mentioned and given our resources,projects and anticipated updates always increasing each quarter is more than possible.
With Vametco's increase in output and a steady Vanadium price our eventual share price will far exceed where we are today.

[abbotslynn] 01/5/2018 08:50

Just a few bits of info out there

NX Flow's complete storage solution (formerly known as NX Fusion Plus) integrates battery, inverter, solar tracker and software technologies to improve return on investment for owners of solar power plants.
At the core of the system lies an advanced vanadium flow battery (VFB), which is DC-coupled with the photovoltaic (PV) array for high round-trip efficiency. With NX Flow, the battery charges directly off the array, enabling the battery to capture "clipped" energy up to its storage capacity limit.
Energy that has been lost to clipping can now be captured and used to generate additional kilowatt-hours revenue. Pairing NX Flow VFB technology with ground-mounted solar power offers a bankable long duration storage option for project developers and asset owners.

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
Here the company has not one but 3 truly world class deposits.
But most importantly, the company is a new producer at one of those world class deposits and thus those fundamentals are being realized.

It is arguably the first mover on that front and certainly a key driver in the early take up of what will be a multi billion dollar market. So it has the very best of everything at just the right time in the cycle. It also has the cash.

[seanywauny] 30/4/2018 08:45

Yep. Waiting for Tech Company status then the fun & games will begin.

[dmitribollokov] 30/4/2018 08:39

£2.50 would be nice, not ridiculous though, given everything they have here. Already massively undervalued on current earnings, let alone the huge growth potential there is...

[seanywauny] 30/4/2018 08:34

Oooo 25p today? Holding on for £2.50 because I'm greedy.

[dmitribollokov] 30/4/2018 08:14

On we march, 30p this week...