Bushveld Minerals Share Discussion Threads

[coldspring] 28/12/2018 17:02

Back up to around 50p initially arab3 the broker target is 87p though. There is dividend news due in q1 2019. It has had a go at 50p twice and dropped back.

[arab3] 28/12/2018 16:48

how much would you expect it to rise after your 35p buy ?

[coldspring] 28/12/2018 16:46

Got a feeling this has some more to fall. Looking for a sub 35p entry, just bring greedy though really it's already cheap.

[psbhoy] 28/12/2018 14:22

What a total and utter plonker

[plat hunter] 28/12/2018 13:35

Yup V off 40% since then.It's such a small market too only 40'000 tonnes a year. Everything about V's story screams bubble to me.

[meanreverter] 28/12/2018 12:40

Zero Hedge reporting 3-month-old news as though it happened yesterday.

[vanadiumx] 28/12/2018 09:36

https://www.zerohedge.com/news/2018-12-27/vanadium-skyrockets-after-china-shocks-market-new-regulations

[dmitribollokov] 27/12/2018 19:03

Alittlebirdtoldme. Joined 2 months ago and only posts on the same threads as plathunter, all the time backing him up. It’s the same person. Pretty sad. Another for the filter bin.

Meanwhile US equities giving up the lions share of yesterday’s gains. Still sitting in cash watching and waiting...

[alittlebirdtoldme] 27/12/2018 18:54

Makes sense to be thinking about laying plans for a cash call, even as a back up.

Especially as a lot of the value in the share price here is linked to the vanadium story and with V coming off over 40% over the last few months, as well as the NAV here only around 3p a share.

With a little dilution Plat, you might actually see 5p. I think you'll hit 30p, no dramas.

[plat hunter] 27/12/2018 18:44

For your benefit Dimi.."Work towards a listing on th JSE has commenced. Listing on the JSE will give South Africa, capital exposure to the Bushveld’s story while broadening the Company’s access to capital to facilitate it’s ambitious growth plans'

[plat hunter] 27/12/2018 18:42

Over 20% down since that statement so i can't be alone in my interpretation.

[plat hunter] 27/12/2018 18:40

In that case you'll understand if i don't atleast bow to your reading skills.You've just agreed with what i said but you're neglecting the fact that stated purpose of doing so, is to raise capital lol

[jc2706] 27/12/2018 18:36

OK, I will clarify my statement. You do not need to raise capital on a secondary listing. You may choose to do so but it is not necessary. If BMN were to raise capital then it would be for an asset purchase. However, it is not necessary for them to have this in place at the time of listing but may come subsequently if at all.

And there is no need to bow when you acknowledge my superior intellect. Your mere appreciation, such as it is, is sufficient.

[alittlebirdtoldme] 27/12/2018 18:22

If you're not going to issue shares then you can raise capital by issuing warrants but then that just postpones the dilution until the point of conversion, or destroys the share price if they lapse.

Quite a confusing statement to make in my book.... A distributed dividend on one hand and a share issue on the other.. Sounds a bit like robbing Peter to pay Paul.

[plat hunter] 27/12/2018 18:09

People literally queuing up to get bum raped here it would seem. My initial prediction of 30p was way to generous it would seem, lets lower the expectations down to 5p

[plat hunter] 27/12/2018 18:07

Well in that case JC2706, I bow to your obvious and superior insight and intellect.

Perhaps you could explain to someone as ignorant as myself, as to how a company succeeds in raising capital without actually issuing any?

[jc2706] 27/12/2018 17:41

I repeat my statement!

[plat hunter] 27/12/2018 11:45

JC2706, you may wish to take a closer look at the statement...

“Work towards a listing on th JSE has commenced. Listing on the JSE will give South Africa, capital exposure to the Bushveld’s story while broadening the Company’s access to capital to facilitate it’s ambitious growth plans”

Pursuant to my previous question.. Unless there is already issued capital, sitting in treasury then there will have to be a new issuance which will obviously be dilutive in nature.

[jc2706] 27/12/2018 09:24

A secondary listing does not require dilution.

[plat hunter] 26/12/2018 13:46

Goofrob..Not to mention the impending SA listing.How many shares will be required for that?Do you know if they have any in treasury, to protect the existing shareholders from dilution?

[goofrob] 24/12/2018 20:34

Looking interesting here but still a bit too high for my initial investment.Woes is the US also holding me back. But...GLA...and seasons greetings.

[bmnsa] 23/12/2018 21:14

jimbo

............As previously mentioned, work to define a sustainable dividend policy and so add a dividend return to the capital growth proposition of Bushveld is ongoing and will be completed in Q1 2019.

[jimbo66] 23/12/2018 20:31

Well worth a read..

hXXp://www.bushveldminerals.com/message-from-the-ceo/