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BMN Bushveld Minerals Limited

1.30
0.10 (8.33%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bushveld Minerals Limited LSE:BMN London Ordinary Share GG00B4TM3943 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.10 8.33% 1.30 1.20 1.40 1.30 1.175 1.20 7,856,215 16:04:30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Minrls,earths-ground,treated 151.18M -38.97M -0.0166 -0.78 30.46M
Bushveld Minerals Limited is listed in the Minrls,earths-ground,treated sector of the London Stock Exchange with ticker BMN. The last closing price for Bushveld Minerals was 1.20p. Over the last year, Bushveld Minerals shares have traded in a share price range of 0.95p to 4.95p.

Bushveld Minerals currently has 2,343,083,535 shares in issue. The market capitalisation of Bushveld Minerals is £30.46 million. Bushveld Minerals has a price to earnings ratio (PE ratio) of -0.78.

Bushveld Minerals Share Discussion Threads

Showing 25326 to 25344 of 69575 messages
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DateSubjectAuthorDiscuss
04/7/2022
14:32
Well the market will dictate the be value.. simple as that . What's lost is only to the rampers imagination who believed be was going to transform bmn Into a multi billion pound company worth £1.50 £ 2 £3'per share . It was never realistic .that's the spin here ...reality ... Bmn is a vanadium.miner producing c 5000 MTV probably at ye and for the next few years . They hopefully will reduce aisc to c$30..average v price $35. Do the maths . That's the reality .
megaman2
04/7/2022
14:26
That would be a turnaround if Belco remained with BE, but like you said it’s the only tangible asset other than VRFB-H also being a BE company.

So it could be that BMN does actually become a pure play Vanadium company and BE gets the electrolyte plant, VERL and Cellcube via VRFB-H.

The reality is this is just a dressed up placing because BMN will retain a strategic interest in BE, but doesn’t have the cash or balance sheet to finance it anymore.

I don’t believe that they are doing this out of choice as the whole idea of vertical integration will be blown apart no matter what Fortune says.

We will start with a significant stake which over time will be diluted away as it keeps raising cash. With an independent board Fortune will begin to lose his grip on Belco and Cellcube if these assets remain with BE.

BE will need significant cash to buy Vanadium from BMN for electrolyte production, fund Cellcube and fund electrolyte rental contracts.

It all depends what Fortune wants to give away to entice investors.

nvhltd
04/7/2022
13:54
Interesting that Tower Capital Management, with its links to JSE we're on the call:Financial ServicesJohannesburg, Gauteng About us:Tower Capital Management is an alternative strategies South African fund manager, providing specialist absolute return investment products to both onshore and offshore investors. This thematic African Fund is focused on highly liquid, JSE listed mid-cap stocks, growing into sub-Saharan Africa. The team at Tower combines on-the-ground research and extensive local market knowledge to target consistent and uncorrelated investment results, while offering downside protection through profitable hedging strategies.The Tower Fund is consistently ranked as one of the top South African hedge funds in its class. Furthermore the Manager provides for a full range of products that include:• Equity Long Only (ZAR)• Equity Long/Short (ZAR)• Equity Long/Short (USD)• GEM Equity Long/Short UCITS • Equity Long/Short Aggressive (ZAR)• Equity Long Only Temperate (ZAR)• Core Income (ZAR)Why South Africa?The country provides a gateway to companies listed on the JSE and operating increasingly in sub-Saharan Africa – sophisticated and promising emerging & growth markets. The Johannesburg Stock Exchange ("JSE") offers: a well regulated and sophisticated market with world-class reporting standards and disclosures; the best liquidity on the continent and a world class trading system with market depth; significant investment opportunities long and short and the only market with no restrictions on short-selling.Https://za.linkedin.com/company/tower-capital-management
dontay
04/7/2022
13:48
Will be interesting if suddenely BE is regarded here as worth having and BMN will be seen as failing/giving the jewels away.I await to see how it will be spin here ;)
liftoff476
04/7/2022
13:16
No, he didn't commit to BE retaining BELCO but the slides strongly suggest that it will, the BE site still refers it being theirs and the FO referred to the IDC part ownership during the call, imo BE will retain all aspects of BELCO ... which will be very advantageous in the IPO fund round to come. Why else would II's be interested in BE?Imo, hence the word 'reset' ... it's a reset from the original intentions for BELCO to 'migrate' to BMN.
dontay
04/7/2022
13:00
Finally a sensible post from Mo, which we can all agree with.


mauricegarin14 Jul '22 - 11:03 - 25162 of 25171
0 2 0
We all know the truth

plat hunter
04/7/2022
11:58
I’ll have to listen to the presentation again, but did he say that Belco would remain a BE business? If that’s the case he has gone back on what he said previously that Belco would switch to BMN as the project developed?
nvhltd
04/7/2022
11:58
Let's hope folk ramping the stock can stop the continuos broken record that bmn is unfairly valued to largo now the $151 m requirement has been announced detailing the gulf between the 2
megaman2
04/7/2022
11:55
So ... the whole VRFB side of the business including all things BELCO related, will be spun off as soon as can be arranged, and BMN will concentrate on being a pure mining and 'V' processing operation with an 'strategic' investment in the new stand alone BE group. Nothing really new there ... and an obvious path to go down.All pretty much expected, but It'll be interesting to find out on which exchange they intend BE to become listed on.CellCube, is of course, being prepared and targeted at the African mini-grid market, not major Eskom related projects, it's only the cartel led by Alfacomp and swallowed whole by his ridiculous ramping followers, all the while ignoring the utterly obvious the capacity issues, that have suggested otherwise ... but the real truth is now in the open.
dontay
04/7/2022
11:54
Good afternoon Alexander.

I don’t need to ask any questions really. Everything I need to know is in plain sight and obvious because I do my research.

What’s more surprising is that you or the likes of Alfa or PDUB never seem interested in asking Fortune any questions. You could dispel many of the naysayers arguments with some well thought out targeted questions to Fortune.

So with what you heard do you, Gah or any of the other rampers still think BE will win any of the ESKOM BESS and if not why not? For me Fortune confirmed today what I have been saying for years which is we have no chance of winning because:

A) BE is penniless. It is still no more than an idea in Mikhail’s head.
B) The VRFB OEM’s do not have the manufacturing scale or cash to be considered viable suppliers to large scale utility projects which is their main targeted market.

When can we expect the transformational news you have been promising us like you had insider information?

nvhltd
04/7/2022
11:33
Surprised you didn’t ask any questions at the end Stu ? Either sold out or to yellow belly.
mauricegarin1
04/7/2022
11:22
MOS MAJOR NEWS CATALYST CHECK IT OUT
oilandgasman1
04/7/2022
11:12
So they are carving out BE because they can’t raise funding as it stands.

As the realists have often pointed out that BE is penniless and requires significant amounts of cash to move forward. This is cash BMN no longer has due to the miss management by Fortune and the failure to use previous funding to deliver production growth and drive down costs.

As I and others have stated for years that without cash, provable revenue, experience, availability of electrolyte and VRFB manufacturing capacity BE was never ever going to be considered a serious participant in the ESKOM BESS.

It was all a charade perpetrated by Fortune and Mikhail in 2016 / 17 to dupe PI’s into investing in the VRFB story. As the years went by and targets were constantly missed it became increasingly obvious that they could not deliver or be taken seriously by clients looking to develop projects.

It’s also become obvious that despite what Mikhail has said VRFB’s remain far too expensive and unreliable. This was confirmed in the recent Invinity presentation.

So it remains to be seen how they tart BE to be an attractive place to invest capital and how much they will get.

They are looking at this calendar year to move forward with the carve out.

nvhltd
04/7/2022
10:54
The share price has followed the narrative here nobody is interested in your daft distractions Maurice. Go and enjoy some kite surfing or something take your mind off your losses here we haven't caused the fall in share price man up take ownership for your daft ramping like gah could not .
megaman2
04/7/2022
10:03
We all know the truth
mauricegarin1
04/7/2022
09:49
If that's what you believe Mo, then you're more of an idiot than I first thought
plat hunter
04/7/2022
08:31
So plat you admit then you are part of the troll boiler house here then and are aware of all the fake likes being generated?
mauricegarin1
04/7/2022
06:27
How arrogant is Mo that he thinks he needs to explain to me what's happening, with all the likes?You daft c*nt, we've been trying to explain what's happening to you since 50p
plat hunter
03/7/2022
21:58
9 likes in 6 mins impressive pdub2
mauricegarin1
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