Bushveld Minerals Share Discussion Threads

[jc2706] 02/11/2018 17:29

Copied from LSE:

"Thomas Chan is Founder and Managing Director of Golden Summit Capital, a private investment firm based in Singapore. He has more than 20 years of experience in Investment Banking and Investment Management. Prior to founding Golden Summit Capital in 2010, Mr. Chan was a Managing Director at Goldman Sachs and had served in several senior roles within the firm.

In addition to public and private capital market investments, Golden Summit Capital has been an active participant in the venture capital arena, focusing primarily in the seed to early growth stage. The firm also manages a diverse real estate portfolio in Singapore and other parts of Asia and Europe.

Mr. Chan holds a Master in Business Administration from the University of Chicago Booth School of Business and a Bachelor of Arts in Economics from Stanford University."

"Whilst Golden Summit Capital is not necessarily the same entity as Golden Summit International, Thomas Chan is given as the contact for Golden Summit International in this document:

hxxps://www.lawinsider.com/contracts/1pN9HtOWxhBfUIuw2GImqT/m17-entertainment-ltd/1731946/2018-05-25#the-parties-as-set-out-in-schedule-2"

[dmitribollokov] 02/11/2018 16:13

Can’t find any info on golden summit on bloomie or the internet.

[maltby2002] 02/11/2018 16:03

RNS Golden Summit taken a 4% holding, always good to get institutional investors

[dmitribollokov] 02/11/2018 15:59

C’mon close the week at the high!

Golden summit?

[katylied] 02/11/2018 15:57

Should be some decent newsflow this month. (1) Q3 operational update, production will have taken a hit (strike), but the V price-rise should more than compensate. (2) Some clarity on Bushveld-Energy business model/prospects, which should include an update on the electrolyte-plant. (3) An Update on the Eskom/Bushveld VRFB trial, all the more topical given the move by Eskom towards a near-term grid-scale batteries tender...

There may of course be additional news, but as far as Mokopane
is concerned, I probably won't be holding my breath... :o)

[seanywauny] 02/11/2018 15:11

Cracking volume again. My bet is 75p by Xmas at least.

[richken] 02/11/2018 10:29

SP Angel - Daily News - For interest!

China’s stronger steel drive will bankroll more vanadium mines

China’s push to lift the quality of steel for the construction sector is set to bankroll the global wave of new primary vanadium production to meet the growing deficit, while the expected boom in giant batteries will only exacerbate the scramble for supply.
Standards in China that came into force Thursday require steel producers to increase the amount of vanadium, which hardens the alloy, added to certain classes of reinforced bar products. It’s partly a drive to make buildings more resilient to earthquakes. Since the changes were announced in February, prices of the metal in China have surged more than 150%, according to Asian Metal Inc. data.
Managing director of Australian Vanadium Ltd., Vincent Algar, notes “it’s almost that perfect storm for a commodity – you have a step-change in demand that’s being enforced in the biggest market in the world and a constrained supply”.
Changes to strength standards could add 30,000-40,000t of annual demand to about a 100,000tpa market which is currently so extremely tight that exports from the Asian nation are not being offered. That’ll underwrite new mine projects in Australia and the U.S., and boost existing producers like Glencore Plc, Largo Resources Ltd. and Bushveld Minerals Ltd. “There’s plenty of room in this market for additional vanadium.” he said.
China’s stricter standards are intended to limit the use of inferior steels in construction and follow previous policy changes ushered in following the 2008 Sichuan earthquake, industry consultant Roskill Information Services said in February. The quake was the strongest to hit China since 1950, with more than 87,000 people reported killed or missing.
Vanadium prices are likely to retreat as new supply comes into the market over the next couple of years, though they should settle above the long term average and enable project developers to make good margins, according to Algar. However, new supply from advanced-stage exploration companies will take more than three years to come online.
Steel accounts for more than 90% of current demand, though in the longer-term the sector is also likely to be bolstered by adoption of vanadium redox flow batteries suitable for large-scale energy storage projects, and to store renewable power, he said.

[dmitribollokov] 02/11/2018 08:09

And away we go...

[bmnsa] 02/11/2018 08:01

36.15 paid

[therealenigmatic] 01/11/2018 19:34

The best poster on LSE was Capablanca64 aka sippingdownraki, castelli, northberwick69, MaynardKeynes, mauricegarin, bushwacker, Dignity, fortunejalapeno, jalapenofortune, magliaRosa, lemaillotjaune & maillotjaune

[dmitribollokov] 01/11/2018 18:50

“May i point people in the direction of the marvellous (and utterly specious) trading ‘analysis̵7; in the rather wondeful bushveldperspective” etc etc. Vomit.

Agreed though abotslyn, sherlock and the other guy filtered, i won’t respond any more. Let’s focus on the stock, it’s a great story.

[seanywauny] 01/11/2018 18:49

I've been ramping this on some cryptocurrency blogs over the last 48hrs as a safer alternative divestment.

[sherlock2020] 01/11/2018 17:21

Why does anyone even bother with this excuse for a discussion board when all we get are facile contributions from Bolokov et al - try saying something actually about the company - and if not then go over to the LSE board or the Bushveld Perspective and learn a little first so that you can sound uber intelligent on here.

[dmitribollokov] 01/11/2018 17:02

It’s uncharted territory here, RSI is overbought, but that won’t matter too much, look at the move from 8-handle to 24-handle. The share price tripled in about a month from an overbought base. No reason that can’t happen again. This company is way way undervalued.

[jc2706] 01/11/2018 16:50

Just goes to show the strength of the underlying buying whilst the large seller was exiting. Once the selling ceased there was nothing to stop the rise. It will be interesting to see where the next hiatus comes (as it surely will) but I do think that we will be seeing triple figures much earlier than many predict.

[dmitribollokov] 01/11/2018 16:43

Amazing, start of the meteoric re-rate hopefully

[jc2706] 01/11/2018 16:33

Mastermines simply doesn't believe the European figures to be accurate. I have some sympathy for that view but can't dismiss the data out of hand. I have expressed the view that it is due to a buyer's strike outside China. If that is the case then it will soon correct itself as no Chinese trader will be selling stuff to export when they can achieve 20% more at home and when the buyers come back (they have little option ultimately) there will be no product for them to buy.

[underdog] 01/11/2018 16:26

Storming finish, ? news imminent
Ferro vanadium price steady in China at $143.5/Kg, and down a bit in Europe at $117.5/Kg . Anyone know reason for the discrepancy?

[dmitribollokov] 01/11/2018 16:04

And marking me down. Back under your rock mate.

Anyway 35.25p, get in.

[the bottom sniffer] 01/11/2018 16:02

It's all kicking off. Smells good to me: https://www.energy-storage.news/news/chinas-biggest-flow-battery-project-so-far-is-underway-with-hundreds-more-m