Bushveld Minerals Share Discussion Threads

[greatfull dead] 29/11/2018 08:50

DM,

I will wait until others I hold make gains before considering reentering SOLG. BMN still on my watch list, actually they are at the top for now.

ATB,
GD

[dmitribollokov] 29/11/2018 08:29

Yes i did, sold at 48p. Bought back 150k so far this morning. Was hoping for potential pull back to mid 30s on H&S and test of old resistance from trend line as support. News and price action suggest that isn’t going to happen now. Managed to clip the cost out of my original investment (4.5p) on this swing though so am pretty happy, keeping some powder dry though in case this isn’t a proper bounce here.

(I bought in two clips of 75k, 43.9 and 43.62, btw not showing yet)

From the potential H&S it looks like a bullish pennant now forming and the RSI is in position for the chart to bounce. Couple that with powell’s comments last night...

Nice on SOLG, think that is an incredible opportunity. Worth reloading there at some point for you imo. It is the perfect SIPP investment.

[greatfull dead] 29/11/2018 08:27

dmitribollokov,

I thought you had sold BMN and was hoping to get back in in the low 30p range. SOLG, yes really good. Made a fair bit of money when the went from their lows in June 2018 to their highs of Sept 2018. Not currently in BMN or SOLG.

ATB,
GD

[coldspring] 29/11/2018 08:05

Back in following quick read of that RNS. Hugely impressive

[dmitribollokov] 28/11/2018 22:56

Good to see my two favourite companies winning their respective categories BMN best in Africa and SOLG best in latam and the ceo of SOLG winning CEO of the year, well done all!

Might be a day to reload here tomorrow, commodities on a tear after powell speech.

[dontay] 28/11/2018 21:56

@MinesAndMoney Winner of Mining Company of the Year - Africa award is @BushveldMin_LtdA big thank you to everyone that's been part of this journey to date!!!

[therealenigmatic] 28/11/2018 20:42

No need to apologise and best wishes with the other stuff you've got going on.

[richken] 28/11/2018 20:36

T.R.E you are quite correct my mistake! Typing and not checking my arithmetic this time. Point stays the same though.
Apologies for my error there!
Cheers
RK.

[therealenigmatic] 28/11/2018 19:57

RichKen might want to check your calculator as I make that a gain of 258%

[richken] 28/11/2018 18:33

mauricegarin, recourse what for buying in at 12p when you were posting on LSE? It is now 43p. A 400% gain! You should be writing a thank you letter! Some people clearly do not understand group research! When this is north of a £2 you will still be moaning because someone didn't make it really clear where this was going.
Anyone expecting a 30p buy-in is going to be sorely disappointed, I am sure of that. BMN is up for two awards this evening and they should get at least one of them (deserve both)and you will see a very exciting RNS either tomorrow morning or on Friday morning.
So I would suggest you either buy in or shut up and go and look at something that pays you a steady dividend. Oh wait a minute Bushveld Minerals will be paying a dividend soon and it will not be affected by Brexit!
What should you do?
Do some real research and make some decisions which could help you and your family have a much better standard of living. Or go an sleep under a rock? Sorry, but it is hard to understand someone who can't see the wood for the trees.
Have good evening!
Cheers,
RK

[coldspring] 28/11/2018 18:25

Hence my use of the phrase "hoping" this is an excellent company I know it and you know it but anything under 40p again is a bargain.

[maltby2002] 28/11/2018 18:17

This share will be news driven much of which is due before the end of this year so to expect a pull back into the 30's is highly unlikely. It is unwise to treat this share as a typical Aim share

[jc2706] 28/11/2018 17:51

mauricegarin,

No you didn't. You know you didn't. We all know you didn't so I have no idea why you insist on continuing with these childish games.

[mauricegarin] 28/11/2018 17:49

That's interesting therealenigmatic I'd also research Bushveld using that platform. Let me know if you hear back from LSE as it would be great if we have potential recourse.

[goofrob] 28/11/2018 17:19

I really hope your bullishness is right...not yet for me....30p and I am in...GLA...

[mauricegarin] 28/11/2018 17:16

Really unnerving to see this in free fall given I bought in at 50 pence

[richken] 28/11/2018 16:40

Seanywauny, dont wait to long before clicking that buy button. (In your ISA or SIPP though). Once the expected RNS's start to flowing in, you can fully expect those who have been at the investing conferences in London this week to start putting the hands in their pockets and we are likely to see a large pick up in new investors as well as those who have been out for the last two weeks pilling back in. With the roadmap clearly signposted. The Cyber Monday sale will be over! Good luck with your investment!
Cheers,
RK

[seanywauny] 28/11/2018 16:14

Brings back memories of seeing Rockhopper and Tullow Oil charts years back. Not missing the boat this time.

[bmnsa] 28/11/2018 15:15

Great post Ken

[richken] 28/11/2018 14:26

Katy, we really all know that news is coming and some pretty huge news at that.
2018 - Q3 Bushveld energy news update with information about the plan for 2019
2018 - Dividend policy
2018 - Lemur update
2019 - Q4 updates and possibly the most incredible figures yet for cash generation from
Bushveld Vametco
2019 - Increase in production at Vametco to 5000 tonnes per year from 3750
2019 - Completion of the electrolyte plant at East London and confirmation of startup
2019 - News of huge contract to supply VRFB to Eskom with up to 200 MW of battery
capacity
2019 - Early completion of plant upgrade to 5000 tonnes per year
2019 - FeV prices surprisingly up due to continued constrained supply to $150 per kg
surprising analysists (but not investors)
2019 - Brits brought online to supply capacity straight into East London via Vametco as
hinted by FM
2019 - Mokopane licences granted and new brownfield plant ready for production
2020 - Mokopane production starts - initial estimates 10,000 TPA (more than 25,000 TPA
possible)
2020 - Bushveld Energy starts production of VRFB and increases in production of
electrolyte to allow 600 MW of electrolyte

A lot to get excited about and then what about the share price by the end of 2020? - £8 to £10.
Its coming and we will all be very happy with this playing out.
Cheers,
RK

[katylied] 28/11/2018 13:14

Only thing holding this company back, is 'project news-flow' (anticipated, promised even, but as yet still not delivered). However, 2018 has been a damn fine year... so we can cut the company some slack on that. It is after all South Africa and nothing is 'easy' there, after all those years of Zuma damage...

[bmnsa] 28/11/2018 12:53

BMN at 2p Now 43pYou work it outFor no risk put your cash in the Post Office

[goofrob] 28/11/2018 12:09

Wow!! If true hope you bought a load...maybe not though...haha!!