Bushveld Minerals Share Discussion Threads

[megaman2] 15/7/2022 11:30

It's worth refreshing people on how much this stock has been ramped
AimWarrenBuffet
@AimWarrenBuffet
·
Mar 10, 2020
Bushveld #bmn share price prediction for the medium term (next 2-3 years). By then drive towards renewables and energy storage will be in full swing.
50p
25%
75p
10%
100p
30%
200p+
35%
20 votes
·
Final results


Sp 5.7 p ...and yet they still continue ...

[gah123] 15/7/2022 11:17

Huge buys, news inbound!!

[goforgold1] 15/7/2022 10:30

Wow sometimes it's best to wait . Still one trader pumping this from 9p lol ?. Now 5p and falling .

[gah123] 15/7/2022 09:49

Huge buys coming in!!

[gah123] 15/7/2022 09:45

Not long now before the big unveil!!!

[gah123] 15/7/2022 09:36

The shorts have had their fun now time to up the ante. Next update will blow them away!!!

[hateinvesting] 15/7/2022 09:34

At what stage to Orion send the lads round? I bet Fortune isn't answering his phone at the moment. Shambles.

[gah123] 15/7/2022 09:32

Thanks to the shorts I've been able to massively increase my holding with more to come if they want to drop it any lower.

[gah123] 15/7/2022 09:30

It's coming baby!!!

[hateinvesting] 15/7/2022 09:28

Yes, the telegram will blame the mm's and shorts down to zero. Gah123!!!! You're back!!! And I see; you're doubling down - and buying more?! Legend.

[gah123] 15/7/2022 09:28

Can see a quick move back to 10p on the next update!!!

[gah123] 15/7/2022 09:27

Time is up. The low hanging fruit is gone and news on the way!!!!

[megaman2] 15/7/2022 09:26

According to faramog there is talk of shorters taking this to 5p...hahaha would that be the "talk" on telegram ...

[gah123] 15/7/2022 09:24

Huge gap to fill now on the way up. Brought down on nothing by the shorts!!

[gah123] 15/7/2022 09:22

Shorts screwed!!

[gah123] 15/7/2022 09:21

You sound like a broken record!! Still holding your 6m shares!!

[nvhltd] 15/7/2022 09:20

Fortune and Mikhail have to go. They may have the passion for the business, but they don’t have the business acumen to deliver.

They have tried unsuccessful to be the king makers for VRFB OEM’s, but the reality is they do not have the financial or business clout to deliver.

Meanwhile the core business has been ignored. It is the mining and processing businesses that underpins and provides regular revenues month in and month out.

I always got the impression that Fortune doesn’t like to get involved in the dirty part of the business. He’d rather be sat in his living room dreaming up ways to spend the cash or repeating himself in lame PR interviews.

He has never gone into any detail why their expansion plans repeatedly fail to deliver the expected production growth.

The Orion funding being a classic case in point. How can you put together a business plan to deliver 6,800 mtv, ask the bank for the money and then blow it on what exactly.

This business I believe would be perfectly fine turning out 6,800 mtv, but as it is they are operating 2 plants at roughly 50% capacity of what’s achievable.

The lack of production growth are the root cause of the problems we now find ourselves in coupled with the frivolous spending to support Mikhail’s vanity business and OEM’s.

This business is walking a tightrope. They need to hope and pray that vanadium prices deliver the necessary margins to keep paying their dues because the reality is they could soon find themselves in a genuine death spiral to oblivion.

The months are rolling by, the macro picture is worsening, Covid keeps causing disruption and problems at the plants keep reoccurring.

So they can’t afford to be loss making for a third year and break even isn’t an option either. The share price will dictate the placing terms or Orion renegotiate, but time is running out.

Clear the decks ASAP. We can’t afford to subsidise Enerox. Take what we can now to save the core business even if Enerox is the Crown Jewels. Get the electrolyte plant up and running pronto and return it to BMN ownership. Get rid of BE. Have no more involvement in it. Take any bonus we can from the listing and get out.

[gah123] 15/7/2022 09:20

Hearing news on the way!!!

[gah123] 15/7/2022 09:20

Thanks to the shorts. Taken a huge chunk today with a lot more to go yet!!!

[megaman2] 15/7/2022 09:12

When will the administrators be appointed. Will fortune still get his rent money ?

Bmn has performed as bad as russian based companies eua poly etc down from 48 p to c 5p which is saying the market has material doubt of it's survival and as I posted above it's a realistic proposition if v price falls below aisc for a significant amount of time

[plat hunter] 15/7/2022 09:08

Sub 4's soon... what's the securities issue price here, ordinary shares of how many pence?

[purchaseatthetop] 15/7/2022 08:47

Megaman. Itis tanking because it is dead. The share price is going to fair value which is zero. The debt crystallising next year kills it. Capital markets are closed. It’s that simple.