Bushveld Minerals Share Discussion Threads

[katylied] 25/2/2018 09:06

'...Nikomarov adds that the co-developers have also concluded a locational study. “As a result, we’ve determined that we’re probably going to split the processes, and do a lot of prepurification at a plant such as Vametco and do the mixing at a different location.” He says the second premises would probably be located in an industrial development zone to try to take advantage of the government incentives – moreover, “port proximity helps . . . for export purposes”.

[cf456] 19/2/2018 11:30

And also this one which highlights just how undervalued the shares are on a forward PE of 2.05:

---

"Guidance

So, net profit based on $60,000 per tonne FeV, production costs of ZAR205 and production of 3,680 tonnes is around £52.65m pre tax.

Current market cap at 8.75p per share is £77.6m.

That is a forward PE of 2.05. Way too cheap!

We should be classed as a growth company, so a PE of 10 would still be conservative and in my opinion a PE of 15+ would be more reasonable.

Potential growth areas;

Vametco increasing production to 5,000 tonnes pa and beyond.
Brownfield site acquisition.
Electrolyte production.
Mokopane development.
Brits vanadium.
VRFBs.
Imaloto coal.

The SA political situation is improving quickly and SA has been identified as one of the hot emerging markets for 2018.

Even using a low PE of 10, tax at 28% and 1 billion shares would give us a share price of 38p.

What an incredible time to be producing over 4% (and rising) of the world's vanadium supply.

Especially when there is a large vanadium supply deficit, vanadium prices are at multi-year highs and they are forecast to rise much further from these levels :)

DYOR"

[cf456] 19/2/2018 11:26

Good post this morning on lse:

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"BMN investment value - a reminder

For potential new PI investors wearing their sensible hats (rather than rainbow chasers who are obsessed with high risk oil, gas and gold prospects that are often binary success or fail - mostly fail or limited success £ opportunities), here is a reminder of why BMN ticks all the right boxes:

- strong and growing revenue
- strong and growing profits (2018 profits likely to be well over 50% of current market cap)
- outstanding cash flow
- low debt
- main product has high and growing worldwide demand, significant supply constraints, and limited new capacity in the pipeline (indeed BMN may well be the largest new supplier over the next 5 years when Mokapane gets the green light)
- at least 30 years of resource capacity at expected 2019 production levels
- talented management team with huge industry experience and a strong understanding of the South African business climate
- partnerships with key industry players (IDC, UET) in the relatively new, huge and high profile market of energy storage to enable development of diverse and potentially large new revenue and profit streams.

Add in the very recent political changes in South Africa and it is clear that not only is BMN an outstanding investment opportunity in it£s own right at the current share price, but it is also one of the very best growth investment opportunities on the whole of the London market (AIM or FTSE). All purely IMHO of course and DYOR."

[cf456] 19/2/2018 08:33

"Stocks to watch?

Well, Bushveld Minerals based in South Africa ramping up production of vanadium, so a huge beneficiary of that rise in vanadium prices and we've just increased our valuation on that to 18p from 14p and the stock is down at 8.6 at the moment so that's a good one"



From 5:54

[cf456] 16/2/2018 15:54

Some major positives from the most recent update in January. Huge growth last year and even stronger growth forecast:

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"This ensured revenue increase of 44% and EBITDA of 553%, compared to the 2016 calendar year."

"we anticipate an even stronger year ahead, our projection for Vametco's 2018 calendar year production is 3,680 mtV."

"Global forecasts for stationary energy storage are very bullish."

[cf456] 16/2/2018 14:23

His post this morning from lse:

"Morning all, it's been a while since I checked in here.

I've just started rebuilding my position, having derisked somewhat last year. I've added 800k shares so far today.

I'm at a loss to explain why this is not currently trading at 25p to 30p purely on existing output at Vametco alone. Factor in expansion plans at Vametco and all of the other assets and deposits... 50p / £450m wouldn't be unreasonable within a year or two.

I'll be adding more in the coming weeks."

[cf456] 16/2/2018 14:21

Aim Chaos buying in heavily today.

He's had some amazing success recently with the likes of N4P, MKA and STAR.

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"Added 550k shares to #BMN. Market has missed the absurd price increase in vanadium. Market dynamics suggest price will be sustained. Brokers calling this incorrectly IMO by using long term V prices 50% below current level. Cheapest Co on a forward earnings basis out there, IMO."



"And a further 250k #BMN"

[sherlock2020] 03/2/2018 07:19

kevkan - I see your link is also corrupted by the ADVFN system.

Whilst the word ' video ' gets underlined as if a link but that only opens an advert.

How jolly helpful of the ADVFN to obscure links to genuine research and instead insert clickbait into our own posts. Now you can understand why nobody uses this BB system.

[kevkan] 03/2/2018 06:57

The ducks are lining up
S.A. Renewables To Be Signed

The producers have been waiting for the conclusion of the 27 outstanding power purchase agreements for three years, which include include wind, solar photovoltaic and concentrated solar power.

hxxps://www.fin24.com/Economy/Eskom/renewable-programmes-restart-imminent-association-20180202

[kevkan] 03/2/2018 06:53

John Meyer talks SA commodities

Well worth a listen very bullish on SA, Vanadium and BMN that's two good PR focused videos in 24 hours keep it coming



hxxps://www.ig.com/za/trading-opportunities/2018/02/02/why-are-commodity-prices-so-low-compared-to-the-stock-market--41957

[sherlock2020] 02/2/2018 20:28

For some reason the link did not past properly:-

hxxps://www.thebushveldperspective.com/slides/bmn-video-1?sorting=vote#

[sherlock2020] 02/2/2018 20:27

Yep the video is also shown on the new bushveld perspective here:- hxxps://www.thebushveldperspective.com/slides/bmn-video-1?sorting=vote#

[knuttie] 02/2/2018 19:50

Look no further than Bushveld, it will do better in 2018 than it did in 2017.

[kevkan] 02/2/2018 19:14

New PR video put out by BMN excellent overview of Vametco

[sherlock2020] 16/1/2018 08:38

With Q4 results due in a few weeks and the price of Vanadium now going to multi-year highs the obvious place is here. Even with the 59.1% stake taken into account we're making over a million dollars profit a week.

[cyberbub] 16/1/2018 08:19

Anyone got any tips for a small miner poised to rocket, like BMN a few months ago?Serious question. I have a bit of cash looking for a home. Don't worry I will DMOR!Thanks.

[seanywauny] 08/1/2018 01:11

Imagine if we had something similar for electrolyte:https://cryptorated.com/ico-rating/wepower/That would bring the masses here again for a huge rerate.

[seanywauny] 05/1/2018 08:58

Unfortunately I think a lot of AIM money is going towards the latest crypto currency run in alt coins at the moment.I think Fortune needs to create his own crypto currency here :)How about the VELD coin. Abbreviation for Vanadium Electrolyte Distribution.

[kevkan] 05/1/2018 00:18

Get in while you still can

European ferrovanadium close to 10-year high

"Vanadium is the catch of the day," one European trader said. He reported a sale at $50.40/kg for 10 mt, while others said there were few offers to be found. A sale at $52 was reported for a 20 mt lot in Rotterdam.

"The last dip was more technical, we had a lot of material swapping trader hands," a third European trader said. He was more confident prices would remain firm on this round of increases, he added.

hxxps://www.platts.com/latest-news/metals/london/european-ferrovanadium-close-to-10-year-high-26865669

[seanywauny] 30/12/2017 14:10

2017 was a big year (perhaps the biggest) for Energy Storage Mergers & Acquisitions.https://www.greentechmedia.com/articles/read/the-year-in-cleantech-energy-storage-and-grid-edge-ma#gs.CZC0K1MNo doubt next year will be even bigger.

[seanywauny] 22/12/2017 22:45

Pmsl:https://www.greentechmedia.com/articles/read/engie-investigates-source-of-belgian-battery-blazeOn Engie's own turf as well.Need VRFB promoters say more.

[seanywauny] 22/12/2017 22:45

Pmsl:https://www.greentechmedia.com/articles/read/engie-investigates-source-of-belgian-battery-blazeOn Engie's own turf as well.Need VRFB promoters say more.