Bushveld Minerals Share Discussion Threads

[megaman 2] 28/1/2023 12:58

nvhltd / megamug / SammyboyLSE troll, whatever you want to call yourself today, NO, my views are nowhere near aligned with yours 🤣 .. Yes, I am no fan of Mojopelo because of him hiding in his bunker and refusing point blank to communicate .. but there are so many positives here now, as I've posted in detail many times, Vanadium price rising because of massive infrastructure spending, massive military spending across the world, China coming out of covid lockdown, enormous rebuilding after the war, and VRFB's getting ever more popular day by day being the main reasons I'm confident here .. also our costs are down, our production/profits are up, Rand/Dollar still very much in our favour, electrolyte plant will make huge profits when it's paid for itself, and BE spin out ... This is just an absolute no brainer, you know, I know, we all know, in a year, two years, whatever, the share price will be way way north of where it is today, easily ten times more ... The only danger I see going forward, is if Putin pings a nuke out in desperation when we push him right back into Russia .. then it's game over for us all anyway !! .... Hope that helps you understand why I'm positive .. apart from the nuke 💥

[nvhltd] 28/1/2023 12:30

Hi Megaman 2: I’m not sure if your last post refers to me in anyway? I’m going to assume it doesn’t and you will reply to my post without reference to the personal attacks. You know you have more in common with our views on the company than you are prepared to admit here and on LSE.

Why don’t we start with the reasons you want Fortune sacked and go from there one by one rather than this scatter gun approach and going off on random tangents?

[sammyboylse] 28/1/2023 12:06

Great post nvhltd well done Megaman2 or should i pat myself on the back for writing such a good post lol, are we all one individual or 3 PMSL

[gahi23] 28/1/2023 12:03

You lot been played like fiddles hahahaha

[gahi23] 28/1/2023 12:03

First target 0p hahahahahaha

[gahi23] 28/1/2023 12:03

Double digits soon baby ! 0.0p hahahahah

[sammyboylse] 28/1/2023 11:53

Watch that weasel SammyMUG post on here all day, desperate MUG lol. He will post as Megaman -space- 2 and now Gerry5 ? Stinks of desperation lol

[sammyboylse] 28/1/2023 11:51

I feel history will repeat and another PLACING DUE SOON ? October 2013 ! Bushveld Minerals (LON:BMN) has revealed that an oversubscribed placing has raised the AIM-listed iron and tin company gross proceeds of £1.25mln.The placing, organised by Fox-Davies Capital, was at a price of 3.4p, a slight discount to Tuesday's closing market price.Participants will be issued with one warrant for every placing share. These have an exercise price of 5p and must be exercised within two years.The net proceeds will go towards the ongoing development of the Bushveld iron ore project and the Mokopane tin project, both of which are in South Africa.Bushveld added that the 5p warrant price could give the company access to a further £1.8mln.Chief executive Fortune Mojapelo said: "I am pleased to announce the successful raising of £1.25mln which will go towards developing the current assets of the company

[sammyboylse] 28/1/2023 11:51

Eskom will implement permanent load-shedding in South Africa for the next two years, the state-owned power utility?s chairman Mpho Makwana has said.In a media call on Sunday, Makwana warned that South Africans should expect continuous stage 2 to stage 3 power cuts for the next 24 months.

[sammyboylse] 28/1/2023 11:50

SammyMUG does not post on LSE as he has no bottle, everyone ignores his lack of knowledge, hes a laughing stock on there. Go on Sammy post on LSE and see who engages with you PMSL

[megaman2] 28/1/2023 11:39

Bmn is not selling it's inventory it already said in q3 rns sales expected to be equal to production that's the facts .

It's also not costs paid there's a thing called trade payables ..running at c $33 mill..
Guess what that is it's the costs related to producing the inventory....

It's great to have someone from telegram posting to show what no sense goes on there

[megaman2] 28/1/2023 11:36

Gerry $29.3 that's c 1 costs and it went up q3 from h1 aisc is much higher .. on top of aisc are other costs ...

What the facts are is the last report on profit was end h1 and the company made a net loss if -$3 mill. Also v price is not $44 ..it's $37.5 in Europe and the recent graph at fastmarket puts below $40. If you are going to come on and ramp at least get your facts rights . Q4 will show what the c1 cost is but with much worse load shedding q4 than ever and inflationary costs don't be surprised for it to go up again .

[megaman2] 28/1/2023 11:30

I thought it was common knowledge that the diesel generator just kept the kiln from shutting down as wants it's closed that's it game over apparently . No doubt a continued hoax Ramo by the censored telegram group where the likes of Sammy get their research from ..it's been pointed out at various times and yet they continue ..

[megaman 2] 28/1/2023 11:20

If anybody wants to know how credible nvhltd actually is .. read his post history, and keep in mind he says HE'S INVESTED as you read his garbage .. you won't need to read many posts to see what I mean 🤣🤣 .. invested my ar5e !! .. DEFINITELY JUST A FILTHY TROLL !!

[nvhltd] 28/1/2023 10:56

“during loadshedding, resulting in almost total shutdown of the plant”.

Comments made in an article only published yesterday.

[nvhltd] 28/1/2023 10:51

Then we have these statements and quote from Fortune in Miningweekly only yesterday:

“From Bushveld Minerals’ perspective, the elevated inflationary environment will continue to put pressure on costs across the sector, which it hopes to mitigate by increasing production throughput rates and continuing efforts to reduce costs“.

And this:

“Vanchem, which purchases its power through the Emalahleni municipality, experiences periods of total power loss – rather than curtailment, which occurs at Vametco – during loadshedding, resulting in almost total shutdown of the plant.
As such, Bushveld Minerals intends to supplement grid power by, primarily, focusing on generation from solar, which is “by far the cheapest source of energy at the scale required by Vametco and Vanchem”.
Further, solar, when coupled with VRFB technology, can reduce electricity costs and carbon emissions, in addition to providing a measure of resilience against loadshedding”.

Note the comments “resulting in almost total shutdown”. He doesn’t mention that diesel generators are being used to keep the plant running. “Almost total shutdown” are the key words for Vanchem when the power is cut.

Note this comment too:

“As such, Bushveld Minerals intends to supplement grid power by, primarily, focusing on generation from solar, which is “by far the cheapest source of energy at the scale required by Vametco and Vanchem”.
Further, solar, when coupled with VRFB technology, can reduce electricity costs and carbon emissions, in addition to providing a measure of resilience against loadshedding”.

What’s interesting in that statement is that they see adding VRFB’s as an after thought or something to be added further down the line. It intends supplement grid power “primarily, focusing on generation from solar”.

This is rich coming from the very company involved in the development of VRFB’s who themselves only see VRFB deployments as a secondary option to deploy further down the road if they can ever afford it.

[gerry5alive] 28/1/2023 10:51

All anybody needs to know is, costs DOWN, production and profits UP. BMN need $29 (and dropping) to break-even on sales of Vanadium, at the moment it's $44 and rising. Do the math, it's really not that hard 🚀 👍

[nvhltd] 28/1/2023 10:38

From the very same BE RNS we have this statement regarding Mokopane which was going to lead to cash flows before a processor was constructed. Obviously it never happened. No strategic partner was found and concentrate was never sold.

“Bushveld holds a significant high grade vanadium resource base through its Mokopane Vanadium Project in South Africa, which hosts 300 million tons of high grade low-cost primary vanadium magnetite resource. In addition, as announced on 6 November 2015, the Company acquired the Brits Vanadium Project which has a yet unquantified resource, but hosts the strike continuation of the vanadium ore body mined at Vametco Alloys' vanadium mine. In 2015, the Company articulated a strategy for its vanadium platform, which entails:

a) Completing the vanadium project pre-feasibility study ("PFS") followed by a Bankable Feasibility Study ("BFS") once a strategic partner has been identified

b) Exploring opportunities to generate early cash flow by selling vanadium concentrate once the mining right has been finalised, while simultaneously targeting the development of fully integrated mining and vanadium processing operations

[gerry5alive] 28/1/2023 10:34

BMN = costs down, production up, and of course profits up. All looking very good for Q4 results. Vanadium at $44 and rising, BMN need $29 to break-even, DO THE MATH, ITS NOT ROCKET SCIENCE 🚀