Bushveld Minerals Share Discussion Threads

[ukgeorge] 09/11/2018 09:12

SP Angel have 87p price target

[eentweedrie] 09/11/2018 07:55

how much did they sell that 1% for?

[pacificdart] 09/11/2018 07:42

MM walking it down with Bushy Q3 posting. You have to laugh at these Clowns. Time for a top up.

[dmitribollokov] 08/11/2018 10:05

This is healthy, 2-3 small down days would be good to get the chart back in check, unless there is some blistering RNS.

[coldspring] 08/11/2018 09:59

Down again in early trading.....will it recover to finish blue like it has done every day for a week.

[dmitribollokov] 07/11/2018 21:17

Yep quite a milestone; needs to have a couple of down days though now, just to get the technicals back in check, to allow it to propel to loftier more deserved heights...

[abbotslynn] 07/11/2018 15:39

70,000 at 40p

40p New high today

[jakecat1] 07/11/2018 00:34

Yep. Easy money.

[coldspring] 06/11/2018 14:18

Anyone think those warrants have been sold already?

[dmitribollokov] 06/11/2018 11:15

Quite a tussle here for 40p. Could get through, but feels like RSI will retrain any attempt to blast past it. (Would love to be wrong)

[dmitribollokov] 06/11/2018 10:01

Psbhoy - just RSI massively overbought, like I said last week or the week before can't remember, the RSI is overbought but that won't preclude a massive run up. Looks at the price action from the rerate from 8-25p, it started from an overbought base. It just doesn't go up in a straight line is all. Actually looking at the upper trend line from that rise (which is what Zak Mir crudely drew) it gets us up to near £1 by year end. It's not crazy to suggest that could happen...

[jc2706] 06/11/2018 09:47

Nobody can predict the future but the direction of travel for Vanadium is relatively clear for the short to medium term - it will remain relatively strong as there is little on the supply or demand side that is likely to produce a substantial drop. (In the very short term we may well see some form of pull back as the run up to the new Chinese rebar standards has been so strong that you can imagine some form of stockpiling has been ongoing).

Longer term is very unclear as the market is in transition with VRFBs potentially adding hugely to demand. But let's not kid ourselves that Vanadium production is inelastic for the long term. There is the potential for a lot of new supply in a few years' time as it is a relatively abundant metal. The question is where is the long term price level to balance supply and demand. My bet is that it is not as high as currently but is higher than the long term average. I am anticipating long term FeV prices to be around $50-80/kg.

The interesting thing is that Bushveld is looking to provide a model on the BE side that to some extent insulates the company from the peaks and troughs of Vanadium pricing. To do this fully would require buying a VRFB provider. This has a number of advantages but I actually don't expect them to do this. In the short term Vametco (and, hopefully, Brits/Mokopane/Brownfield acquisition) will provide excellent returns but in the long term it may well be that BE is the source for consistent margins. It will certainly be interesting to see what they come up with on this side.

[coldspring] 06/11/2018 09:12

We seem to have dipped in the mornings last few sessions but strongly back to blue by the close.

[psbhoy] 06/11/2018 08:43

Technicals are stretched in what sense bollokov?

[dmitribollokov] 06/11/2018 08:05

Could see a pull back today, technicals are pretty stretched. Consolidation and RSI coming back a bit would be healthy.

[dmitribollokov] 06/11/2018 07:04

Seem to have attracted sherlock like a rash too. Don’t know what you’ve written, don’t care, you’re filtered too. Do yourself and everyone else and slither back to the lse board. Muppet.

[dmitribollokov] 05/11/2018 18:21

That’s good, some guys have massive posis here. I had about ~ million initially and was small fry. Just going to run what i have til >£1 and see how the land lies there.

[katylied] 05/11/2018 18:13

More than enough dmitri (well into 7 figures, but not 8). If it makes £1/share, I and my close family will be set up for life. And the LSE NPCs may finally see the back of me. On the otherhand, you never know. In spite of what the BMN evangelicals predict, the future is not yet written...

[dmitribollokov] 05/11/2018 18:05

Richken good posts. Think this can get to a quid pretty easily and still be undervalued on growth prospects.

How many do you own btw katylied? I’ve only ~500k now, had to sell some out annoyingly. My average similarly around 3ish p. First bought in around 4-5p, but have traded it a bit.

Oh and slammer one has to be blue to vote down, so i see i have attracted you like some kind of BB STD. Just a bit sad mate, i pity you.