Bushveld Minerals Share Discussion Threads

[bmnplacing] 02/6/2023 05:54

*THE RAND IS REELING*https://businesstech.co.za/news/finance/679317/alarms-over-stage-10-load-shedding-leave-the-rand-reeling/Alarms over stage 10 load shedding leave the rand reelingThe rand has been rattled by global risk aversion, coupled with warnings from the minister of electricity Kgosientsho Ramokgopa that the country is facing a massive energy shortfall in the approaching winter months in South Africa.The rand has traded weaker in increasingly risk-averse markets, with the domestic currency weakening to R18.62 to the dollar on Friday, and pulling back modestly on Tuesday (11 April) to around R18.30.According to Investec chief economist Annabel Bishop, the risk-off environment is being driven by both global and local factors.On the global front, warnings over poor worldwide production have put a damper on sentiment. Locally, the energy crisis – with no solution in sight – is keeping investors at bay.

[bmnplacing] 02/6/2023 05:53

*THE RAND IS REELING*https://businesstech.co.za/news/finance/679317/alarms-over-stage-10-load-shedding-leave-the-rand-reeling/Alarms over stage 10 load shedding leave the rand reelingThe rand has been rattled by global risk aversion, coupled with warnings from the minister of electricity Kgosientsho Ramokgopa that the country is facing a massive energy shortfall in the approaching winter months in South Africa.The rand has traded weaker in increasingly risk-averse markets, with the domestic currency weakening to R18.62 to the dollar on Friday, and pulling back modestly on Tuesday (11 April) to around R18.30.According to Investec chief economist Annabel Bishop, the risk-off environment is being driven by both global and local factors.On the global front, warnings over poor worldwide production have put a damper on sentiment. Locally, the energy crisis – with no solution in sight – is keeping investors at bay.

[sammyboylse] 02/6/2023 04:49

You can also find me on LSE under Sammyboy LOLOLOLOLOL

[megaman2] 02/6/2023 04:36

Europe now at $32
This is no good BMn break even is c $38.
That's the reality .
Rampers like harchris are always coming out with lower figures but they are just dishonest .

This is the root of all BMn problems . İt loses money at average vanadium price . No amount of pdub claiming outstanding operational success will change that .

Net asset are not relevant if your business loses money at average price .this is not a sound business . This is why fortune kept lying that the company was fully funded to 6800 mtv as it's the only way to reduce costs that can stand a chance of BMn being profitable .

İt's also why they put the company in debt to fund b.e. realising BMn as a stand alone miner does not add up on paper .even largo with a brand new plant and lower costs have been struggling . Bmn has 2 old plants with double the employees leading to dis-economies of scale susceptibility to break down and as we have seen already at vanchem a limited life time . We are told all of a sudden out the blue that vametco needs a new $33 million sağ mill to expand. Completely overlooked in the desktop calc (fortune should be replaced for overseeing this huge mistake). Who would be surprised if they next announced that actually the $33 mill sağ mill was soon to be needed to simply maintain production...these are the risks here where it's led by fortune who is either grossly incompetent or highly dishonest of both ..I'm opting for both that's my opinion .

[bmnplacing] 01/6/2023 23:33

Coming Soon

[bmnplacing] 01/6/2023 23:32

RNS anytime soon

[bmnplacing] 01/6/2023 23:32

Coming soon

[bmnplacing] 01/6/2023 23:32

Will be fun to see

[clarkgriswold] 01/6/2023 23:30

Cant stop laughing!!!

[allabouttiming] 01/6/2023 22:50

🚀🚀🚀

[allabouttiming] 01/6/2023 22:50

🚀🚀🚀

[allabouttiming] 01/6/2023 22:49

🚀🚀🚀

[allabouttiming] 01/6/2023 22:49

🚀🚀🚀

[allabouttiming] 01/6/2023 22:49

🚀🚀🚀

[allabouttiming] 01/6/2023 22:09

SammyboyLSE has been very quiet recently.
Is he posting on LSE again ?
🚀

[gah123] 01/6/2023 19:36

Net asset value over 8p, let that sink in uninvested troll!!

[clarkgriswold] 01/6/2023 19:24

You out your brain sniffing that glue!!!You are buying 1p shares priced at 3.4p you MUG! Soon your share certificates will be worthless PMSL!

[gah123] 01/6/2023 19:04

Net asset value over 8p, absolute no brainer!!

[gah123] 01/6/2023 19:04

If you say so troll!!

[megaman2] 01/6/2023 15:30

The best one is when gah claims he is topping up and thanks us inferring out commentary has somehow caused the share price decline which is clearly ludicrous .

Meaning gahs words of thanks must be for the correct prediction which is even more weird...

Gah " I am topping up thank you for correctly predicting the share price would tank"....weird...