Bushveld Minerals Share Discussion Threads

[bookwormrobert] 10/4/2017 08:41

Thanks! I've already taken the bet - I'm 10K short on this share. And so far I'm winning, and I expect to go on winning. Over and out. I'm off this board now.

[nickderby] 09/4/2017 18:51

Your 1.6p figure is of course nonsense. The cost was around £3m, based on 41m shares at say 7.5p (at the time).

BUT, we are not just getting a large share in 90m tonnes of contained tin for that investment.

We also take on a loan ASSET of $1.2m. Thereby reducing the effective cost to around £2m.

But also, Erongo are going to pay the first A$2m towards 'a scoping study, including the acquisition of processing equipment'.

The effective cost is therefore very little! Erongo paying the first A$2m is an excellent part of the deal.

Actually Bookwormrobert , when you take all that into account, it seems an absolute bargain.
Please don't spout the 1.6p nonsense again without doing more research!

Also, don't forget the Lithium, which probably more than covers the cost on its own!

[bookwormrobert] 09/4/2017 18:28

Well, let's see where the share price is next Friday, and then we'll see who was right and who was wrong. My prediction - about 3p again.

If you think that's pessimistic, the deal the company just did values their shares at 1.6p each!

[katylied] 09/4/2017 17:57

16 amazing things you didn’t know about Namibia



17. Geology, Mineral deposits...

[knuttie] 09/4/2017 16:48

"Got chatting to a group of likely lads............Bushveld Minerals cropped up so I decided to have a quick look"

How in hell does that qualify anyone to write anything , utter hogwash as one has come to expect from such a dodgy source

[rovers5] 09/4/2017 10:48

Excellent Management TeamTransformationalhttp://www.proactiveinvestors.co.uk/companies/stocktube/7258/bushveld-minerals-vametco-acquisition-an-amazing-deal-says-sp-angel-s-john-meyer-7258.htmlEnjoy listening Shorters

[knuttie] 09/4/2017 10:28

This company is blessed with superb management & that will see the share price climb continually as the brilliance of the already done deals & those still to be done ultimately shine through, even to those that have not yet seen what is as clear as the light of day to LTH's

[nickderby] 09/4/2017 08:49

Agreed Katy.
All platforms are starting to look in good shape!

[nickderby] 09/4/2017 08:46

Bookwormrobert, being a mining engineer is not much use to you, if you don't understand business and investment!

I don't think anyone in their right mind would listen to someone who sold here at 2.9p and then chose BMR at 7.9p as a better investment.

LMAO :)

[gilesgraves] 09/4/2017 08:01

Wolf, how many shares did you buy and at what price?

[wolf_in_the_bath] 09/4/2017 07:16

I'm selling first thing on Monday I feel it's gonna TANK BIG TIME thanks bookworm for your expertise

[kenco7] 08/4/2017 23:44

Goodnight Bookworm !

[thegrumpster] 07/4/2017 20:28

It is not simply a question of just having a timescale of a week.





“Another downgrade in just one week is a major blow,” said Piotr Matys, an emerging-market strategist at Rabobank in London. “It means that even those foreign investors that are still relatively optimistic about the long-term outlook for South Africa may have to trim their exposure. In the short term, in the coming weeks, we will probably witness a wave of capital outflows.”

[nickderby] 07/4/2017 18:30

If your timescale is a week then move along to another stock.
However, the next 12 months with BMN should be 'transformational'.

All Company platforms are beginning to look very strong.
The market is beginning to learn that we don't only have the world's largest, lowest cost vanadium resource!

Everything is being carried out with very limited dilution as promised by the Company.

DYOR

[thegrumpster] 07/4/2017 18:18

If this does not go up next week, then my guess would be that some of the uber-bulls might start quietly taking profits.



Shame about the suspiciously rampant hysteria on LSE, as it seemed to have promise.

Getting too cynical about AIM, perhaps.

[nickderby] 07/4/2017 17:56

I should add that FeV went over $28,000 per tonne today and we produce Nitrovan, which attracts a premium price :)
We are a low cost producer, with a commodity in a supply deficit and the profits start rolling in from today!
You really want to short this share? Don't keep it open too long. LMAO

[nickderby] 07/4/2017 17:51

You've got to laugh at your lack of knowledge here.
Someone who sells here at 2.9p and buys BMR at 7.9p is giving investment advice to us now. Really?
I rest my case!