Bushveld Minerals Share Discussion Threads

[nickderby] 04/1/2019 16:23

There will only be a cash call for something very earnings accretive.
That would be excellent news.

[plat hunter] 04/1/2019 16:22

I was being sarcastic you moron.. I hadn't heard it because there hasn't been any.

[plat hunter] 04/1/2019 16:22

Nickel.You struggle to read too. I've covered company updates on prices already, keep up

[nickderby] 04/1/2019 16:21

Plat, you said you knew nothing about the dividend in a previous post.
Its no good making stuff up, hahaha.

[plat hunter] 04/1/2019 16:20

They'll be a cash call before dividends are paid here.

[plat hunter] 04/1/2019 16:20

Q2 it was expected originally nickel.. facts are facts stop cherry picking.If you're counting the days like that then it might drag for you as there's another 86 of them in Q1

[plat hunter] 04/1/2019 16:18

Nickel, its the update release from before xmas you tube.Why would I not have seen it or formulated an opinion one way or another. Or do you have to be LTH with a short term bull view to be allowed to talk?

[nickderby] 04/1/2019 16:17

The dividend policy was always expected towards the end of the financial year, so its around 4 days late atm. The company has since said that they will inform the market in Q1.

[nickderby] 04/1/2019 16:14

Plat, how do you know the facts, you hadn't even heard of the dividend policy being discussed until someone here told you about it.

[plat hunter] 04/1/2019 16:12

Zues another one who can't read properly. Just see what he wants to.. Typical cherry picking ramper

[plat hunter] 04/1/2019 16:11

Nickel,For someone who wants to rubbish what other people say then you need to stick to facts.It was actually expected Q2 2018.Q3 + Q4 + Q1 is 9 months.

[zeusfurla] 04/1/2019 16:10

Nick Good to see you swapping boards. Good luck with Plat. I found that neither logic nor hard facts worked.

On dividends, Fortune mentioned last year that ha wanted a dividend policy in place that provided capital discipline for the company. It is affordable as today's posts on the LSE board show - EBITDA for the year just ended likely to exceed $120m. With no debt that is a convincing figure to me.

I think those holding short positions however realise that their time is now very limited and the tactics being used are becoming more obvious and less effective.

Good luck all - BMN is one of the best medium-term investments on AIM and still at a great entry price.

[nickderby] 04/1/2019 15:53

He's only here to annoy Dimitribollokov.

[nickderby] 04/1/2019 15:51

Plat, you do have a lot to say for someone who seems to know nothing about the company or indeed the vanadium market.

They haven't put the dividend policy back 9 months. It was expected by year end, now its Q1.

The vanadium market is in structural deficit. There isn't anywhere near enough supply to meet demand. There is no significant new supply coming on line for at least 2 to 3 years, more probably 3 to 5 years. The vanadium price will rise significantly over this period.

BMN is in the perfect place at the perfect time.

Good luck with your investment.

[coldspring] 04/1/2019 15:50

You are hilarious plat you hadn't heard of the dividend details at all yesterday and now surprise surprise you are bearish about that too. Your glass is defo half empty....

[plat hunter] 04/1/2019 15:37

Don't be so sure, they've already pushed back just the talking and agreeing a framework by 9 months.If V price continues to fall then they'll have to invest in capex to produce more at smaller margins and possibily dilution risk.Many here are failing to see how volatile and small the V market it and how it can effect a company like BMN. Of course they'll be bullish on matters of V price, they sell it.

[jc2706] 04/1/2019 14:39

You are correct. The announcement due is related to a dividend policy rather than a dividend per se and this has been highlighted in media releases. To my recollection, there has never been an announcement regarding dividends, whether policy or otherwise, mentioned in an RNS. My experience is that putting a dividend in place tends to follow on quite quickly from establishing the policy.

[sherlock2020] 04/1/2019 12:44

what a disgusting person you are Le Maillot Jaune. I think they are right to kick you off their board. If only we could do the same here - who can I complain to ?

[plat hunter] 04/1/2019 12:22

Down again and heading towards the key 35 technical.If only the whole market was aware of instat dividend announcements.Wait until the talk of Divi's is coming from RNS's

[plat hunter] 04/1/2019 12:19

Vauch you do have trouble reading for some reason.. Where does is it say a dividend will be announced in Q1?My understanding is that the framework of a dividend policy will be completed in Q 1But that is a world away from saying they'll actually annouce dividends in Q1.

[le maillot jaune] 04/1/2019 10:49

RichKen - as someone who posts on both Advfn and LSE I wanted to share the following: what those halfwits on LSE don't realise is that my new name was actually a tribute to Corbine - rocacorba is one of the toughest mountain climbs in world cycling and requires endurance and strength two characteristics that I'm sure were synonymous of Corbine plus you may recall I was more than happy to donate to the Corbine cup as Maurice G. I wish you all the best with ur situation and also mention that ur post from last night was very moving.

[dmitribollokov] 04/1/2019 09:55

What’s gold got to do with it, or is that just a non sequitur?

[bmnsa] 04/1/2019 09:41

Where are all the buyers today.Gold is sky high still.