Bushveld Minerals Share Discussion Threads

[bmnsa] 28/11/2018 12:53

BMN at 2p Now 43pYou work it outFor no risk put your cash in the Post Office

[goofrob] 28/11/2018 12:09

Wow!! If true hope you bought a load...maybe not though...haha!!

[bmnsa] 28/11/2018 09:53

One of my year 2000 companies went from 20p to 28 pounds in a year.A friend said 40p was to much.At 5pound it was also to much. I was made rich he never got started.

[coldspring] 28/11/2018 09:30

If you can trust the buy sell figures then several largish round numbered sells just after open again today. Someone with a large holding selling down. I am waiting and watching.

[psbhoy] 28/11/2018 08:47

Goofrob, even the pressure exerted by two very large sells as well as a drip of smaller more regular sells yesterday failed to really drop the share price by too much. Richken's advice seems pretty logical under the circumstances, so be careful not to miss the boat.

[richken] 28/11/2018 08:03

goofrob, you have no chance of this pulling back. You need to look at the fundamentals! This is growing into a top vanadium mining and energy company. Yesterday Fortune the CEO told the people at the conference he is growing this to 10,000 tonnes per year of vanadium! Not some dreamy here today and then gone tomorrow type investment. You should do some research. Vauch is right it is more likely to hit 80p than 40p! In 3 months time it highly likely to be well over £1.
Current selling price $125 per kilo. Operation costs all in $35 per kilo. That is $90 per kilo profit. You do the maths! The share price should be around £1.30. This is not a ramp it is a fact.
Cheers,
RK

[vauch] 28/11/2018 07:29

pullback so if it hit 40p then you will want 30p if it went their you would then want 20p.
Well you will miss getting in and when at 80p you will dream of getting in at a lower point.

[goofrob] 28/11/2018 07:09

Still watching this....I will only buy once the pullback comes. May be wrong but not comfortable at current levels.

[dontay] 27/11/2018 18:57

Eskom bags over R3bn in new loans to improve power transmission:https://www.fin24.com/Economy/Eskom/eskom-bags-over-r3bn-in-new-loans-to-improve-power-transmission-20181127This loan agreement is for construction that extends 552km. It consists of transmission lines and associated substations across Mpumalanga and Kwa-Zulu Natal provinces, and will also be used to upgrade substation equipment including earthing systems at various existing substations in Mpumalanga, Eskom said.It will also incorporate renewable energy into the transmission network, ensure reliability and security of supply, reduce transmission losses and improve regional integration an safety operations, among other things."The financing of the Eskom Transmission Project will result in a significant strengthening of South Africa's transmission infrastructure. Not only will this improve the reliability and security of electricity supply, but will also allow for the integration of large-scale renewable energy into the transmission network, enhance network capacity for future load growth and ensure reduction in transmission losses," said Dr. Kapil Kapoor.

[abbotslynn] 27/11/2018 13:11

Small sellers don't have to figure in CG tax which is a killer

[dmitribollokov] 27/11/2018 09:26

Cheers Kevkan, feels like it is about to have a large move either way, anyway!

[kevkan] 27/11/2018 08:02

dmitribollokov
Thanks for laying it out for me good to get others thoughts, glad it has worked out for you hope all goes well and good luck with SOLG

Kev

[dmitribollokov] 26/11/2018 12:36

kevkan, I sold out half last week at ~48p for a pull-back, thought about buying back in 41/42 area the (I actually tried first thing the day it bounced, but couldn't get an offer). The price action hasn't overwhelmed me since, I still think there can be a pull back. The chart has a nasty looking H&S which if it completes takes it to mid 30s, if it gets there I will reload. If not I'm just going to watch for now. It's 10-bagged for me, it's already done the hard work, it would be a bit foolhardy no to cash that in. I'm also a bit sketchy on south africa as a jurisdiction, it's imploding. Tough to balance as the company is obviously an amazing story other than SA angle.

I had ~500k that I owned since 4.5p, actually owned them near enough for free as I'd traded them a lot. I've been there before and not taken money off the table. I also wanted to put a decent chunk into SOLG, which I did just before new MRE dropped (lucky timing). The circling of majors at SOLG should provide some short term fireworks.

[jc2706] 26/11/2018 12:17

I confess that I thought that this pull back would be to the 37-38p range but it didn't get that far. Moving above 50p would make such a pull back very unlikely.

Personally, I am not expecting the company's 'biggest ever RNS' this week. So far that has been the Vametco purchase and I don't think that there is anything that will top that short term if ever (no, a dividend announcement wouldn't.

OK. Vanchem would be on a par, Mokopane licence combined with a 10,000mtv DSO arrangement would be another and BE signing a deal to provide all of the energy storage for Eskom's BESS tender would be another but none of those is likely to happen this week.

[meganxmas] 26/11/2018 12:15

Just out of the Mello presentation. Very impressive and assured by Fortune. Nothing new as expected but exudes confidence as to the value proposition. The move to 5k mtv then the options to get to 10k mtv ... new kiln at vametco or mokapane or additional brownfield. Lots of options. Went through the demand metrics for vanadium via energy storage ... staggering. Clearly believes that vanadium price will stabilise medium term around 75dollars. Already hold quite a few and will probably add.

[bmnsa] 26/11/2018 12:01

Always a hard one to decide. Like you am well up. I don't see the 30's ever coming again but you never know. As l don't need the money which is my deciding factor to stick rather than take profit l am happy to hold and add on any drop. If money was tight l would top slice at worst always keeping half.

[kevkan] 26/11/2018 11:44

dmitribollokov
Hope you don't mind me asking what drove that decision I always try to understand the others viewpoint if only to balance my own thoughts. With updates due this week and possibly into year end do you think they will be underwhelming, already priced in or something else.

Kev

[bmnsa] 26/11/2018 10:51

I will be adding IF in the 30's not starting again.All the best

[dmitribollokov] 26/11/2018 09:12

Cheers RichKen, wasn't an easy decision, but I've had a good run. Hope to get back in at some point will see. Have kept powder dry to buy back in anyway.

[richken] 26/11/2018 09:08

Hi Dimitri, with all investments it is up to the individual, but you may miss one BMN's biggest ever weeks this week. We are expecting the companies biggest ever RNS. You may also be aware the Fortune and Mikhail are in London this week giving multiple presentations and interviews. So expect fireworks! I wish you every success, but that may prove to be one decision you may regret.
Cheers
RK

[dmitribollokov] 26/11/2018 08:41

I'm out for now, looks to have runs it's course for a bit. Hope to buy back in the 30s, if not it's been a ten-bagger already so no tears...

[richken] 23/11/2018 19:59

Bushveld – To Infinity..

Fortune Mojepelo and Mikhail Nikomarov have instigated the development of one of the most exciting companies that has come to the UK stock market for a long time. Especially to the London AIM market. They came with a vision to develop an Iron ore company, but quickly found a mineral which was unloved, but had huge potential. One in the steel market and one even more visionary a new battery technology. In their wildest dreams though and even with incredible hindsight they possible could not have envisaged what has happened over the last two years to the vanadium market and the global price of it.
The steel industry has had some major changes which means new regulations in the largest economy in the world China where their rebar was simply not strong enough. Then they needed to clean up their air and become a more environmentally friendly country. No more dirty industry, electric cars and battery storage.
Meanwhile our two CEO’s were putting together a vision which would feed perfectly into this new global need. Looking around there was very few sources for Vanadium. But their own country had some of the best resources and they found them and got them for a steel of a deal!

Now, the vanadium price is at an all-time high and holding nicely. In fact, it could still go higher. Then they have a fully paid mine and processing plant. They are about to expand that out of revenue, to 5000 tonnes per year. This has one of the lowest operating costs on the planet. Leading to phenomenal profits.

Then there is the new requirement for VRFB for storing renewable energy in a way which can be used over and over again without losses or performance fading. So now is the time to build an electrolyte plant. This is what is happening, and also at very low cost with a resource in their own back garden. Now they can build the lowest cost vanadium electrolyte in the world and then even more clever, lease it to their client’s, and still keep the asset in their own inventory and recycle it at the end of life and sell into the steel market or produce new electrolyte. Genius!

When you look at the potential and the future you can clearly see why investors here could not possibly be nervous, and in fact be totally beside themselves for being in the know and investing in something incredibly smart.

This company is likely to see stock price rises through £1 early next year, £2 by end of 2019 and heading beyond £5 beyond 2023. With a very high profit and a very fair dividend policy.

A company that will make the world a better place and buildings much safer, fewer carbon emissions and energy security.

Bushveld Minerals – To infinity and beyond!

Cheers RK

[coldspring] 23/11/2018 14:11

Any guesses where this is going, sensible ones of course No one needs shouts of 5p from a deluded fudge nugget.

[katylied] 23/11/2018 09:49

Opps... wrong thread... again! doh!