Bushveld Minerals Share Discussion Threads

[sherlock2020] 06/1/2019 23:20

You are full of nonsense bolokov - you've been dissing BMN for years - so when exactly did you ten bag, eh ? Plonker.

[le maillot jaune] 06/1/2019 22:52

The single most worrying thing about Bushveld is Fortune Jalapeño.... he transgressed when he failed to notify the market in a timely fashion about the strike at Vametco and the impact on production - i seem to recall Nick Derby and others saying that targets would be met only for the guidance to be spectacularly missed and then there was the recent corporate governance snafu wrt the fine imposed by AIM.

[dmitribollokov] 06/1/2019 19:46

I more than ten-bagged on this share and sold out. Everyone needs to know when to take profits. Tbh the cult like madness on the lse board raises huge red flags for me. It’s a bit like animal farm - alfa is napoleon and pdub is squealer. I’m on the sidelines still. I find the bushveldperspective creepy and weird.

BBN, Nick and fat banker are very good posters and i wish them well.

[psbhoy] 06/1/2019 19:39

Pediment...your quotes....
"I'd bet you your BMN profits you weren't around trading pre-2009

"Isn't it odd how BMN holders are always waving their profits around, don't think I've seen that to such an extent anywhere else.

You were the one that raised the subject of profits, not I. Although I must say that you only get to mention such "potential" profits if/when you invest in a winner such as BMN

[pediment] 06/1/2019 18:38

Psb, might do, but not at this price :-)

[pediment] 06/1/2019 18:31

The days of shooting fish in barrels is disappearing over the horizon. Bear with me here while I torture this metaphor to death..the bet here now is that there are barriers to v production/competition and demand to support the price. and that the additional proposed income streams through diversification will make this less a V play only and less reliant on the barrel if it becomes a lake and the fish gets sick.

How's that, decent summary.

Personally I'm not keen long on any equities atm

Isn't it odd how BMN holders are always waving their profits around, don't think I've seen that to such an extent anywhere else



RichKen/Aberdeenman of CTAG infamy...imo

[nvhltd] 06/1/2019 18:20

Spbhoy: it’s good to see you on this board. At least AdVFN allow differences of opinion and debate without the need to run to Admin.

I’m fully invested here. I don’t trade my shares and never shorted, but I have no problem with people that do. I believe in the fundamental of BMN at the moment. I guess at some point that will change as the story unfolds positively or negatively or I chose to derisk.

The annoying thing about the LSE bb and the posters there is that you are all blinkered to any risks. You have your fingers in your ears and worship the the ground and words of what is a salesman. You shoot down, hound, intimidate and are generally unpleasant to anyway who dares raise their head above the parapet to question negative outcomes. I don’t know how many times new posters have apologised before posting for fear of Knuttie and others vile replies. Debate and opinions are dead on LSE.

It’s also scary how many posters jump on the the band wagon of disapproval to alternative opinions and then ask such basic questions about investing, finance, tax etc. However, they are experts in mining, VRFBs and Vanadium after reading the totally biased Bushveld perspective.

Richken put a totally biased piece of tosh on there over Xmas. Any new investors reading that would think this is only going one way. He deliberately Left out all the failures of the BoD in 2018.

[psbhoy] 06/1/2019 18:06

Been trading since around 1995 btw,and you can keep whatever stake you’d have been willing to bet. Why not buy some BMN shares with it. Lol

[psbhoy] 06/1/2019 18:04

I’ll not be betting any of my £500,000+ profits (paper only) on anything except BMN thank you

[pediment] 06/1/2019 17:55

Wasn't replying to you psb but seeing as you replied. Are you entirely unaware of macroeconomic cycles. I'd bet you your BMN profits you weren't around trading pre-2009. Bull market is finished m8, the days of shooting fish in barrels is disappearing over the horizon.

[psbhoy] 06/1/2019 17:49

5 years of following said clique has led myself and many others to invest in one of the most exciting shares in the last decade. Some people will always refuse to believe what they see, but the facts speak for themselves.

Many doubters have come along over the last 5 years from the 2-4p days, through the 10-12p days and upwards but the fundamentals of BMN have improved leaps and bounds over that time, with BE (Energy) more lately coming to the fore, and to date still having no value built into the share price

Like all new technology, VRFBs will have some teething troubles when scaled up the way that BE and Eskom etc are doing, BUT when all is ironed out, this will provide a huge revenue stream that may even outstrip the income from V in steel production.

Keep your head buried in the sand, ignore the potential, or don't, I really don't care. I and many others have been through all the ups and downs from 2p onwards, and I am sure there will be some more, as that is reality, however as long as the fundamentals shine through, the ups will far outweigh the downs.

[pediment] 06/1/2019 17:35

I'm aware of their clique, one or two of them are well informed albeit it's easy to shout buy at 50.00 to the morons when you're sitting on large paper profits. Even better when you sell into it eh, nutter

This is, by no means a bad company, and I'd imagine holding long term will give a better yield than most, even from here.

I'd like to see a fcf sensitivity analysis to the V price, believe it may not be too brutal given the decent grades/production costs but the fact remains atm revenue generation is based on that alone.

But, here's the thing, the bear market is just getting going and construction/steel production is going to get humped in the next 18mths and shares like this with a high PI following will defy gravity for a while but eventually they will go too so as the February and December shot across the bows has smashed 30%+ off the obvious shorts those that held up a little begin to be looked at for their potential.

Even reading the LSE board (I haven't recently), feel like a shower/decontamination is required afterwards.

[sherlock2020] 06/1/2019 16:50

pediment you really need to see the news that is described on the LSE website, you won't hear about it from the ill-researched lot on here.

[pediment] 06/1/2019 15:54

Not short..... but no news, one more boiler room pump to 48 and a continued cratering of the V price and it looks attractive short term.

[psbhoy] 06/1/2019 15:40

"Rebar, old news"......new regulations set to be applied more rigorously in China, meaning more Vanadium and combined with demand for VRFB in future....not enough to go around. Supply and demand...plain and simple. The journey has only just begun. Look at comments and suggested volumes of investment around the world over the last few months by governments etc about energy storage. Ignore this at your pearl.

Anyway I think I'll get reading the comments on LSE as they seem to have a greater degree of knowledge that a lot of ill informed agenda driven folk on here.

Good luck with your shorts...burnt pockets coming your way soon

[nvhltd] 06/1/2019 15:37

Spbhoy: No problem with the article you posted. We’ve been told thousands of times about the global shortages which is great for the mining side of BMN particularly if the price stabilises about $100.

I think we need to focus on BMN and get our house in order. If we can do that everything positive will hopefully fall into place.

My issue as an investor is the ever growing list of missed deadlines and radio silence from the BoD. It doesn’t help sentiment and encourages short sellers. The BoD are the only people on the planet who know the true picture with BMN and BE.

I’m not saying this is not a good company or investment, but BE has been in existence for almost 3 years and we’re still no clearer as to their business model. Shareholders were so excited at the end of last year expecting clarity of the BE business model, but in the end the can was kicked down the road.

Something’s not right with BE, the delays, timings of the ESKOM test program and tender deadlines. We’re either screwed or we are going to benefit from a dodgy tendering process.

[pediment] 06/1/2019 15:24

Rebar, old news. Classic supply and demand model will out so the tech side had better take up the slack or the valuation looks stretched.

[seanywauny] 06/1/2019 15:20

TL;DRIn other news: BMN 1 quid base floor price coming soon.

[psbhoy] 06/1/2019 15:16

More recent commentary about why Vanadium is a great play and clearly why BMN is worth looking at. Unless of course you simply cannot accept the obvious. Not sure about getting it right once Im"pediment"...I got it right once and then again and again and again each and every time i've added

The new Gold Rush
BY BEN KRITZ, TMT
JANUARY 06, 2019

Vanadium: Vanadium had a big year in 2018, because an oversupply that was created a few years earlier finally ran out. In fact, vanadium producers were caught by surprise to some extent by how fast supplies went from a surplus to a serious deficit, with prices for the metal subsequently skyrocketing.
All things being equal, that situation would stabilize within a few months, but there are two new factors that are going to add pressure to the vanadium market. The biggest is the coming into force this past November of new Chinese standards for steel reinforcing bars, which require vanadium as a strengthener. Second, vanadium is a key component for the next generation of large-scale energy storage systems called the vanadium redox flow battery. These systems help extend the capabilities of variable energy sources like wind and solar, making it possible to use them as more than intermittent, supplementary power sources.

[nvhltd] 06/1/2019 14:42

It’s Jan 7th tomorrow. I fully expect an RNS tomorrow regarding confirmation that our overdue VRFB is fully commissioned. I’d also expect a full explanation of the 18 months test program, because based on what we’ve been told the delays could have serious consequences for BE’s ability to tender or win any of ESKOM’s energy Storage contract. That is unless the corruption in South African will benefit us?

Eskom and BE have stated the VRFB will be under test for 18 months. We know there are other technologies under test and other storage technologies already out in the real world. So if our VRFB is a ‘real’ test and a decision can not be made for 18 months how can we expect to win a contract by June? The timing doesn’t work. Not unless the test is a sham and a decision to use our VRFB has already been taken? There’s also other companies with real world VRFBs out in the field such as Redt.

Also we won’t have the electrolyte plant up and running in time or anywhere near enough production of vanadium to satisfy the steel market and storage markets by the end of the year.

Somethings not right here. The market is either corrupt to allow us to be chosen despite all the problems, delays, other players, technologies and production questions or the delays are going to have serious consequences for BE to be the preferred supplier. It’s about time we were told the truth.

As an aside there was an interesting article on shorting company shares in the Mail on Sunday and particularly in 2019. At the end of the day the BoD will be responsible if Shorters feel there is an opportunity to make money ou of BMN. They can’t keep promising and not delivering. At some point someone will look at the rapid rise of the sp, see a BoD failing or kicking the can down the road and decide to short the share.

[nvhltd] 06/1/2019 14:17

Blue on blue attacks on LSE. Pdub being his pompous best. Knuttie totally unable to be civil. Even Scanchez having a pop.

Whatever happened to the 30p party that was being trumpeted for 12 months? I was looking forward to all the after party stories and fights. Or did they mean we’ll have the party when the share price drops to 30p? Anyway, best hurry otherwise it will be a wake 🥳