Bushveld Minerals Share Discussion Threads

[le maillot jaune] 07/2/2019 13:45

He said 40m not 4m. investment was therefore 1.2m

[plat hunter] 07/2/2019 13:44

I think it's all the more likely tbh.. Yellow Jersey

[le maillot jaune] 07/2/2019 13:36

PH I think it's valid as seem to recall an TR1 RNS from a while back which clarified his holding. Unless he's impersonating that individual which is prob unlikely. Done very well here yet still can't pass that accountancy foundation paper.

[plat hunter] 07/2/2019 13:33

Happydays.

Do you actually believe him, he's also down 5 million in two weeks on that claim and is happy about it.

[meanreverter] 07/2/2019 13:23

LMJ: Yes, it's been down all day so far for me too.

[le maillot jaune] 07/2/2019 13:17

Is LSE site down ?

[nickderby] 07/2/2019 13:16

psbhoy, I know lol.
Trying to make Plat understand is like having your teeth pulled out.

Plat, that's enough from me today.
See you again sometime.

[happydays7] 07/2/2019 13:15

Seriously your going to take the shirt off someone who has made 15million+ on a share. Wow

[psbhoy] 07/2/2019 13:08

You're wasting your time Nick!! Next step for Prat is to cast doubt on your holding then start calling you various derogatory names. I'd not be too worried about it though as it's just his distinct lack of intelligence and insecurity shining through. Most idiots believe that swearing etc makes them a stronger character...quite sad really.

Hi Prat, how's it going today?

Not sure why anyone would pay any rampers to come on this BB as there's only about 2-3 regular posters...(2 of whom are worthless...no names but you and nah know who you are). So not really anyone worth influencing.

[nickderby] 07/2/2019 13:02

Plat, you have to read and understand posts before you spout more rubbish.

I originally bought 40m at 3p.
I have already got back three times my initial investment.

Therefore I have sold some since I bought my original stake.
It's really not rocket science...

It seems that there is only one xxxxxxx idiot here and it isn't me ;)

[plat hunter] 07/2/2019 12:55

LSE is down, hence the paid rampers coming over here

[plat hunter] 07/2/2019 12:52

I bet you are..

What your chest and collar size, i want to know if your shirt will fit me when i take it from your back

[nickderby] 07/2/2019 12:49

Plat, it doesn't matter what you say. Check out Roskill, any amounts coming on line are insignificant and the structural supply deficit will be around for 3 to 4 years minimum!

I don't need to sell down any more, I already have three times my initial investment back.
I'm letting the remainder ride for significantly over £1.

Exciting times ahead , except for shorters! ;)

[nickderby] 07/2/2019 12:42

Bitcoin, no. But I did buy over 40 million BMN at 3p!

[nickderby] 07/2/2019 12:41

AlittleBirdToldMe, just check out the latest Roskill report on Vanadium.
I think they probably know a little more than you about vanadium.

They say that there is no significant new supply coming on line for at least 3 to 4 years.

BMN can make significant profits over this period.

[alittlebirdtoldme] 07/2/2019 12:35

It's true that Vanadium is a supply deficit but the market is tiny and yes it's growing.

But and it's a big but.. Vanadium is everywhere, especially in the copper belt, it's just historically, there's never been a huge call for it and the cost of producing it was never worth the while of major miners.

Those new technologies and higher prices are making it more viable and more and more mines are finding and looking at cost effective ways to extrapolate the wealth buried within their vanadium resource which often just ends up on the slag heap.

It's crazy to think the V price is only going in one direction and that there's only ever going to be a few producers

[alittlebirdtoldme] 07/2/2019 12:27

Did you buy bitcoin too Nick?

[nickderby] 07/2/2019 12:26

Plat - 'rattled with problems...'

One of 3 primary vanadium producers in the world.
Vanadium in a structural supply deficit.
No significant new vanadium supply coming on line for 3-4 years.
Hugely profitable even at 2018 production and current FeV rates.
Production can be increased to 3,400 pa without additional capex.
Looking to raise production to 10,000 tonnes in the medium term.
No outstanding debt or warrants.
Dividend policy this quarter.
BE looking good to get the Eskom contract through its association with the IDC.

I could go on...

Rattled with problems? More like the perfect storm for the perfect investment!

Close that short, you know it makes sense ;)

[montyville2] 07/2/2019 12:21

Thanks guys, I am an experienced investor so am well aware of rampers etc. I always like to take an initial stake when I see value as it focusses my attention rather than having it on a watch list which wont get the same attention. There seems to be plenty of potential catalysts for upward movement in the next few months, although they are also opportunities for further disappointment too! This seems to be a lively BB with a range of balanced views, which can only be good really. Good luck all

[nickderby] 07/2/2019 12:18

Plat, the 30% fall is nothing new, just part of the ascending share price.

When BMN hit 25p, it retraced to 18p (28%).
When BMN hit 28p, it retraced to 19p (32%).

This time it hit 50p and has retraced to 35p (30%).
So what?

It just shows it's ready to explode again!

[nickderby] 07/2/2019 12:10

Plat, if you can be bothered to check out the Q2 production report Ebitda figure and compare that with the H1 pre tax profits you will see that there is barely any difference.

H1 depreciation - £462k.
H1 amortisation - £nil.
H1 net interest - £535k.

Barely any changes to get from Ebitda to pre tax profits.
Bare in mind also that the debt was paid off during H1.

You can't keep saying there are hidden costs that the company aren't showing,
its nonsense.