Bushveld Minerals Share Discussion Threads

[nvhltd] 21/10/2020 10:54

Oh and they were also late with the kiln off gas project and why oh why is it taking so long to knock up a PV farm and plonk 4 container on a concrete pad I don’t know. That’s been in development for almost 2 years and they still haven’t confirmed that construction work is underway.

If we can’t procure and site 4 containers what hope have we got with 160 for the first package that have to be up and running in 12 months?

[parob] 21/10/2020 10:33

Alfacomp post on lse.now of course is an opportune time to remind people what happened when the last big overhang clearedhTTps://www.thebushveldperspective.com/slides/slide/bushveld-minerals-in-a-minute-50Notice how you can go for months with lots of positive news and company developments with little impact on the share price (not much below where we were at the start of the week) and then when the source of distressed or zombified shares comes to an end the true fundamentals of the company kick in.

[jc2706] 21/10/2020 10:32

At the risk of restating points I have said many times in the past, when you are going into a new technology, there are many unknowns, particularly how quickly and how much you see uptake.

What you don't do is build a large capability in the hope that the sales will be there. It doesn't work, ties up capital and results in a company threatening headache.

What you do is sell the business and make sure that you have in place ways of delivering it without significant capital commitments. It is a headache but it is what we describe as a good problem to have.

It is clear that the sales have not come through as anticipated so they have sensibly pushed back timeframes to avoid capital commitments without the sales to justify them. This is sensible business.

The investment in VRFB companies is because they are trying to provide a complete solution to the market. Given that these are large, conservative companies, a complete solution is likely to be a much more attractive one. Personally I prefer a network of relationships but if you have the capability, a direct investment is certainly far stronger. They clearly feel that this is a priority area for investment. I would not have done either investment but I don't run the company!

[plat hunter] 21/10/2020 10:05

No Luca..I'm not having a great time... All tied up elsewhere and not doing very well at all.Watching bmn go up everyday, since I sold is like rubbing salt in the wounds too."I'll be back" :-P

[parob] 21/10/2020 09:58

A few 200K blocks showing from earlier, perhaps GS selling their last few?We've usually seen 250K and 500K blocks and of course the 1M and 1.5M yesterday, so it could be a sign they are very close to being fully out.

[lucakane] 21/10/2020 09:42

Yes, none of that positive sentiment here!Only doom and gloom please....specially if you have 6 million shares!No re-entry yet plat? :)

[gah123] 21/10/2020 09:31

Volume already 7m

[gah123] 21/10/2020 09:29

Another troll

[littleblew180] 21/10/2020 09:27

FAR?? Don't mean to sound thick here

[gah123] 21/10/2020 09:22

Troll alert

[gah123] 21/10/2020 09:22

Troll aleet

[nvhltd] 21/10/2020 09:20

Gah: come on mate. Back up your claim. Which bit of my post is rubbish? We can keep this going if you believe I’m helping the share price move up. According to you I’ve done more to support the share price with a couple of posts than Fortune could do in 2 years.

[parob] 21/10/2020 09:14

I think we may see some FAR money move this way too, as many consider this to be a much safer long term bet.All the FAR activity on Twitter has been good at highlighting vanadium and its potential to the wider investment community.

[gah123] 21/10/2020 09:13

Troll troll troll, get a life

[nvhltd] 21/10/2020 09:11

Gah: Which bit is rubbish? Every target and objective has been communicated to the market by RNS and each one missed. You can’t dismiss everything as rubbish when I’m factual correct based on information from the CEO.

[gah123] 21/10/2020 09:10

Volume crazy, going one way.

[gah123] 21/10/2020 09:06

Think we will swiftly move past 15p once the last dregs of GS are sold, which should be within an hr

[parob] 21/10/2020 09:04

One the seller clears (that may already be the case following yesterday's large trades) I don't think it's going to take much to get us through 15p.Perfect storm brewing here.

[parob] 21/10/2020 09:00

Great volume again. 4M traded and it's only 9am.Any remaining GS shares are going to be cleared very quickly.

[nvhltd] 21/10/2020 08:57

Lucakane: I don’t disagree that the electrolyte could be produced elsewhere. Let’s assume they have a solution for that short term problem.

However, based on the ESKOM requirements, the other South African project and Invinity’s requirements (let alone anything Enerox have going on) where is the Vanadium going to come from when you consider the project deadlines and Fortune’s comments regarding the expansion timelines.

I’ve given you the Vanadium content in electrolyte. Do the maths.

If he believes the demand is there and the benefits of VRFB’s will win the argument why has he pushed the expansion plan out by upto 5 years?

[gah123] 21/10/2020 08:50

Looking very strong for a rise back to 25p soon.

[gah123] 21/10/2020 08:49

Ignore the bitter troll guys