Bushveld Minerals Share Discussion Threads

[meganxmas] 13/9/2018 07:27

Wow up to 75% of vametco and all paid in cash.

[sherlock2020] 12/9/2018 23:05

I find it very straightforward and compelling.

I don't understand what is so 'hysterical' about being able to properly distinguish between Sells by PI's and Buys by them ?

[dmitribollokov] 12/9/2018 22:45

Yup have 500k shares. Had 900k from 5p. The only reason i have less now is for diversification purposes. I’ll hold what i have left until 80p. Think ultimately worth more, but have to leave something for the next guy,,.

[dtaliadoros] 12/9/2018 22:37

Dimitri....you still a holder?

[therealenigmatic] 12/9/2018 21:55

Be careful as not everything is as it seems.

[sherlock2020] 12/9/2018 21:44

I assume that everyone has seen the excellent analysis on The Bushveld Perspective:-

hxxps://www.thebushveldperspective.com/blog/public-blog-1/post/trading-analysis-12th-sept-2018-297

5 Million shares to be found by Market Makers somehow - looks like any remaining warrants could be slashed in half by that.

[letmepass] 12/9/2018 16:22

Our h.. Production down.

[oliversanvil] 12/9/2018 09:53

Investors piling back in --Settlement news imminent!

[hedgemaniac] 11/9/2018 18:20

I agree, but wanted to point out how ambiguous the RNS was worded. It’s clear that they need to inprove their investor relations from the point of view of making things clear and unambiguous.

[vauch] 11/9/2018 17:15

DT no one is working and V is going up each day.
Stayed in North Pretoria the local council built a great communal area in a vast open space using large glass panels so the locals decided to smash it all up.
That is the sentiment of the area

This could last months or even years (just kidding)

[dtaliadoros] 11/9/2018 14:33

HedgemAniac....i must agree with Jc2706, in that i cant see anything in that statement to say that work has been resumed. If it has.. .then management have done a poor job in communicating that. Another day has gone by without an update, so i can only assume work has yet to start.?

[oliversanvil] 11/9/2018 10:31

Bushveld Minerals reports “unprotected industrial action” at vanadium mine
11:18 07 Sep 2018
"The company continues to engage with the union representatives and is hopeful of a speedy resolution and resumption of operations”

[jc2706] 11/9/2018 10:26

Unfortunately the wording of that RNS does not imply that the strike is resolved but rather that the workers have been urged to resume work. There is no guarantee that they actually returned to work and until we see such an update it would appear prudent to assume that the strike is ongoing.

I suspect that any employee share ownership plan would not be that dilutive. Any selling is likely to be purely associated with the fact that the strike creates uncertainty and each day results in revenue loss.

I find it difficult to believe that anyone would have sold based on the ramblings of lemaillotjaune.

[simoore89] 11/9/2018 07:09

Maybe they're concerned this employee share ownership plan will be really dilutive

[hedgemaniac] 10/9/2018 22:34

Have been reading all the panic messages by investors who don't seem to be able to read. To clarify: BMN's RNS stated "the Senior Management team held a meeting with the Union Representatives, during which the Company agreed with the Union Representatives that they would urge for all labour to resume work with immediate effect, on the basis of a commitment between both parties to negotiate and agree an Employee Share Ownership Plan during the course of next week". This implies that the strike was resolved and the union has advised workers to return to work doesnt it ? Not sure what all the fuss is about. the RNS has already told us the strike is resolved and ongoing discussions will follow...end of. Anyone who sold on that has been robbed.

[therealenigmatic] 10/9/2018 22:10

Looks as if lemaillotjaune was right all along. I took his advice and sold my entire position few weeks back at 26.5 pence

[oliversanvil] 10/9/2018 17:50

Cat strikes are on average are resolved quickly.

[jc2706] 10/9/2018 17:48

I can understand and sympathise with that point of view.

[dtaliadoros] 10/9/2018 17:34

I went against my long standing principle of never investing in anything remotely connected to mining or oils on this one. I should have stuck to my principles. No matter how promising prospects, there is always a strike or production related issues around the corner. I've sold, my second realised loss these past 12 months, after Carrillion. Normally I would hold onto holdings that are negative, but I can't accept the risk that as of yet there is no end date to the current strike.

[jc2706] 10/9/2018 16:05

Thank you for your considered input.

[dtaliadoros] 10/9/2018 09:28

This is tanking

[vanadiumx] 04/9/2018 13:45

Interesting reading from today's FT (Vanadium highlighted for not losing its capacity) although Vanadium more relevant to national grid networks rather than car manufacturers:

Electric carmakers step up pursuit of enhanced EV batteries

[kevkan] 30/8/2018 08:30

It does not get any better than this when the UK start throwing money at it, only one technology in town that can seriously handle it £56 million is no small number

[abbotslynn] 29/8/2018 17:27

Nice one Nick :)

Fortune Mojapelo ‘The story of Bushveld Minerals is not yet half told’.

Blue chip institutional investors are now on board.

Experienced mining entrepreneurs are now on board.

The outstanding warrants are down to around 10m and are reducing fast, especially taking into account the pre-selling taking place over the last few days.

59.1% of Vametco is currently owned.

Our share of Vametco will be increasing to around 70%/74% with the acquisition of the Sojitz minority holding.

Vametco 2018 profits are looking huge at the current FeV prices and production levels.

Our share of Vametco profits after tax are over £1m per week at current production and FeV prices of just $75/kg.

Current FeV prices are in excess of $80 per kg.
There is a world vanadium supply deficit and this will remain for the next 3-5 years.

The new Chinese rebar standards, which start in November, will increase their vanadium demand by a further 30%.

The Chinese are banning the import of vanadium s l a g.

The environmental crackdown in China is fueling the vanadium price rally further.
Vanadium prices have reached multi year highs.

China, one of the largest vanadium producers in the world, is expected to become a net importer of ferro-vanadium in the future.

Vametco annual production has increased to 3,750 tonnes in July this year and we are now targeting production levels of 5,000 tonnes pa by the end of next year. All production increases will be paid for through operating cash flows.

Guidance for 2018 is 2,850-3,000 tonnes of production (Nitrovan/FeV).

We are on the lookout for more brownfield vanadium production facilities to increase our capacity to 10,000 tonnes and beyond.

Our Mokopane mining licence is due any time.

Mokopane early revenue generation is coming.

The current V2O5 price is making our Mokopane vanadium project hugely profitable.
Brits vanadium - very high grades expected, thereby reducing Vametco production costs even further.

Further drilling is taking place at Vametco.

Bushveld Energy is in the very exciting VRFB sector.

BE has agreements with UET and IDC.

Plus an agreement with Eskom, the SA national power utility, for the installation of a VRFB with peak power of 120kW and peak energy of 450kWh.

Electrolyte production is moving forward for production in 2019.

Imaloto coal has a MOU with Sinohydro.

Imaloto coal BFS will be published shortly.

Lemur has signed a binding 30 year power purchasing agreement with the Madagascar state-owned utility JIRAMA.

Potential Imaloto coal sale or spin off.

Investment in Afritin Mining - first production commencing in Q4.

Other resources, iron ore, titanium, phosphate.

South Africa politics have improved significantly.

Cyril Ramaphosa, the new president, has a business friendly approach.

Ramaphosa’s South Africa is becoming investor friendly and encouraging foreign investment.

All very positive for business and mining in South Africa.

DY


Could we also add a 1st Divi to the list!