Bushveld Minerals Share Discussion Threads

[sammyboylse] 03/2/2023 12:40

STAGE 5 ! L O A D S H E D D I N G Y I K E S P D U B ! LOL

[sammyboylse] 03/2/2023 12:38

L SO HA ED D D I N G PMSL

[sammyboylse] 03/2/2023 12:36

LOADSHEDDING

[sammyboylse] 03/2/2023 12:36

R E M E M B E R Stage 5 load shedding will then be implemented continuously from 05:00 on 1st February until further notice,added Eskom.P M S L

[sammyboylse] 03/2/2023 12:35

Eskom has announced stage 5 load shedding has been implemented on (31 January) until 21:00 Thereafter, stage 6 load shedding was implemented until (1 February) morning,said the power utility.Stage 5 load shedding will then be implemented continuously from 05:00 on Wednesday until further notice,added Eskom.The need to push load shedding up from stage 4 resulted from six generating units suffering breakdowns in the last 24 hours, said Eskom.

[gah123] 03/2/2023 12:21

Investment caseRecord production in Q4 despite load shedding. Solution agreed with municipality which will limit future impact therefore Q1 2024 likely to be another Qtr of record productionFalling costs in line with rising volumesElectrolyte plant 95% complete. Will generate first revenues in 2023Record production expected in 2023 per conservative guidance Vanadium prices rising stronglyMini grid making good progress. Will showcase the benefit of VRFB's to a large market crying for energy security due to loading shedding$47m worth of fully costed inventory. This plus ongoing free cash generation could settle the CLN in full if bmn decide to settle instead of extendingNAV double current valuation VRFB's at inflection pointBushveld Energy spin-off and IPO imminent. Absolutely huge market, 10 times larger than the mining opportunityClosest competitor Largo valued 5 times higher despite production only being marginally higher and missing guidance several times times last yr!!!!

[gah123] 03/2/2023 12:09

Here the copy accounts when he can't handle the obvious facts!!!

[gahi23] 03/2/2023 12:06

First target 0.0p hahahahahaha

[gahi23] 03/2/2023 12:04

You mugs getting played like fiddles today hahahahaha

[gah123] 03/2/2023 11:49

About 1,100 of fully costed stockpile worth $47m at a conservative $43. With Vanadium prices rising fast could be worth even more!!!

[megaman2] 03/2/2023 11:10

I doubt the stockpile will translate to cash there is a shutdown h2 and imo cash is now zero with increased trade payables with suppliérs jumping up and down they will need to raise the full $35 mill from specialist funders plus about $2.2 million for prim which I think cln expires June. The high sustaing capex announced 2023 is a sign they ran out of money last year completely and couldn't meet the stated capex. There was only $1.8 mill sustaining capex spent h1 2022 the rest was due h2 looks like it's been kicked into 2023 won't all be revealed until results and I suggest the true severity of the reality not the hopes of the deluded lse mob will become apparent before then. Expect the share price to go lower here it's only the deluded keeping it up topping up thinking it's a bargain ..it's not.

[nvhltd] 03/2/2023 11:08

From Largo:

I am pleased to provide you with exciting vanadium market updates and LPV progress over the last few months.

January 2023 was marked by a continued increase in vanadium prices globally. Vanadium prices went up by approximately +5% this month and +18% since our inception in late September 2022.

The rise in vanadium price was supported by strong news flow from the energy storage industry, particularly in China. Following the commissioning of the largest (100MW/400MWh) vanadium redox flow battery (VRFB) in Dalian, China in 2022, several battery and electrolyte projects greater than 100MWh were announced over the past couple months (see News below). As a reference, each 200MWh of battery capacity equates to approximately 2,000mt of V2O5 equivalent or 1% of global production. Estimates for 2023 are as high as 2 GWh of total new VRFB projects, representing approximately 10% of global vanadium production and more than double the total installed capacity since the 1980s. These projections have the potential to fundamentally transform the vanadium industry.

Demand from other key markets (steel, aerospace and chemical) has also been stronger than expected only a couple of quarters ago.

On the supply side, primary producers Largo Inc. and Bushveld Minerals Ltd. announced lower than guidance 2022 production, while large producers in China are reducing output in the early months of the year.

LPV’s net assets are now over 90% held in physical vanadium products and near-term delivery commitments . LPV benefited from the fact that its launch in September 2022 coincided with a period of lower vanadium prices, which enabled LPV to purchase vanadium units at favorable market conditions. Our NAV is now at C$2.47/share, or 24% above go public transaction price of C$2.00/share, and 40% above the closing share price of C$1.76 per share on January 31st, 2023.

We believe this NAV to share price discount offers current and new LPV investors an even more attractive investment case. Closing this strong disconnect is now our key focus. We are working on a broad marketing and communication campaign to raise awareness of the investment proposal of LPV.

[nvhltd] 03/2/2023 11:01

I would add that like I’ve said a number of times before I believe he was hoping to raise some cash off the back of the BE carve out and or the listing of Cellcube either as a stand-alone listed company or as an amalgamated company of Mustang / Enerox / BE.

Fortune was asked on the investor call what was the business model for BE given it has failed miserably so far with any of its stated aims and whether a single company was envisaged, but he declined to say. He still couldn’t answer what the business model of BE is going forward.

We also need to remember that Garnet still own 50% of Enerox so whatever cosy relationship or floatation takes place Garnet will need to play ball.

[nvhltd] 03/2/2023 10:50

Posters over on LSE are convinced BMN have until November to sort the Orion debt problem out. While strictly true Fortune has set a deadline of the final results being released as his target date. He has to release the results by June 30th therefore he had less than 5 months to get this problem sorted if he wants to meet his latest target.

Therefore he has less than 5 months to generate cash from the stockpile to go towards the solution he is working on. Given the delays to sales caused by the long logistics chain he needs to get a shift on to turn it into cash.

Time is running out. The solution is going to cost investors one way or another. They just don’t have the luxury of time to hope all of their stars will align to generate free cash to pay them off by June.

The reality is they probably have 3 to 4 months maximum to conclude a deal with Orion or another lender to meet his target of the final results release date.

[gahi23] 03/2/2023 10:44

Wait for MMs to widen the spread at close again and this will finish RED ! hahaha

[gahi23] 03/2/2023 10:43

First target 0.0p hahahahah

[gahi23] 03/2/2023 10:42

Double digits coming! 0.0p hahahahah

[gah123] 03/2/2023 10:36

That's not what the poster is saying, re read it!!

[megaman2] 03/2/2023 10:31

He seems to think it's up to bmn to decide if Orion convert or not honestly you couldn't make this stupidity up ...the lse is absolutely full of morons .

[gah123] 03/2/2023 10:03

Looks like bottom is in, only way is up from here. Can't believe how low the share price is given the very strong fundamentals which continue to improve. The share price will take care of itself just a matter of time before 20p+. Just needs a catalyst or two and whoosh 20p in an instant.

[gah123] 03/2/2023 09:40

Remember record production in Q4 despite record load shedding. Since DecWe have agreed a load curtailment solution between Vanchem and the Emalahleni municipality in order to address the ongoing load shedding issues and mitigate the future impact on production.Another record production Qtr coming!!!

[sammyboylse] 03/2/2023 09:35

R E M E M B E R Stage 5 load shedding will then be implemented continuously from 05:00 on 1st February until further notice,added Eskom.P M S L