Bushveld Minerals Share Discussion Threads

[parob] 21/10/2020 16:39

So tomorrow will be the day when we try to break through 15p.When you look at the chart since April, there's been about 7 or 8 attempts to go through but the seller has held the price back each time.The incredible volume over the last 3 days which should continue tomorrow, plus the seller out (or on fumes) means we should go straight through this time.

[bassguy] 21/10/2020 16:12

Nope...I have always been bullish re BMN my ONLY concern, which I have been very vocal about is the communication of the story. I have been completely consistent about this and feel the way they have handled development and communication to the market sucks royally and at times has been abysmal. I also think we will hear a lot more once all the ducks are in a row, which I feel will conveniently align with JSE listing. The business building has been excellent

[parob] 21/10/2020 15:54

Looks like today's volume is going be the highest of the week so far.Bodes well for getting us through 15p on the next attempt, probably tomorrow.

[nvhltd] 21/10/2020 15:48

Bassguy: You’ve turned very bullish all of a sudden. Last week you were depressed. Touch of bipolar maybe?

[bassguy] 21/10/2020 13:29

He is never wrong of course, if he has branded something a failure then surely it is?? Never mind the cherry picked topics and refusal to accept changing circumstances. Personally I think securing two of four primary processing plants in the low point of a cycle and securing funding to massively expand is pretty damn successful. But no Vametco didn't hit 5k when originally though (guidance modified and staff replaced on that one) so they are tarred failure forever. They wont be tendering for something they cannot supply I suspect

[jc2706] 21/10/2020 13:19

Ha ha!

Geoffrey Moore.

"some theory from some two bit writer"

Oh ye, of little knowledge.

[lucakane] 21/10/2020 13:07

You could be wrong though couldn't you?

[parob] 21/10/2020 12:48

As I mentioned on Monday, breakouts from long downtrends (especially on quality stocks) can be incredibly powerful. Seen it so many times before.

[jc2706] 21/10/2020 12:22

Getting over 15/16p would be a significant technical move.

[jc2706] 21/10/2020 12:18

Not sure saying you don’t want to expand your knowledge is particularly positive! I suppose I shouldn’t be surprised.

[coldspring] 21/10/2020 12:11

15p paid. Instead of whingeing some people should just get on the wagon and ride it up. There are more than enough seasoned and respected commentators now calling this an opportunity

[nvhltd] 21/10/2020 11:46

JC: Thanks, but I don’t need to read a book and I’m not saying you are totally wrong, but in this instance you are.

Just on the electrolyte plant Fortune was clear and it was clear to the world that we were building an electrolyte plant in anticipation of demand and not to satisfy existing demand by 2019. The delays has caused that goal to be reversed. While there is probably a short term solution to the problem we won’t be financially benefiting from making the electrolyte in house for ESKOM for the first packages.

[nvhltd] 21/10/2020 11:39

Parob: I suggest that Myles guy listens to Fortune and reads the RNS’s. Part of the $65million financing is dilutive.

[fillipe] 21/10/2020 11:38

Prices being paid are so very close to the 15p stated ASK, should see both bid/ask move higher very soon indeed.

f

[parob] 21/10/2020 11:34

I'm invested here based on my own research.

[parob] 21/10/2020 11:30

Myles on Twitter just now.2 months into #BMN position (~11.7p av.) and at last the market is really beginning to perceive the undervaluation. Driven by a combo of the $65m non-dilutive financing secured 3 weeks ago; a legacy seller clearing this week; and the accelerating rollout of VRFBs worldwide. 1/2And this is at a time when the V rally has fizzled out.When the V bull market inevitably DOES return (soon, IMO - impending new supply simply will not match new demand from VRFBs), I maintain that £1bn/100p+ will be breached rapidly.For me it's just a matter of when 2/2hTTps://twitter.com/mylesmcnulty/status/1318861552234188802?s=21

[jc2706] 21/10/2020 11:29

Nvhltd,

I suggest reading Crossing the Chasm. You may find it enlightening.

[plat hunter] 21/10/2020 11:28

Base common denominator filtered

[gah123] 21/10/2020 11:26

Troll alert, zero credibility

[gah123] 21/10/2020 11:06

Agree, looking very strong

[parob] 21/10/2020 10:57

13M traded and it's only 11am.Once 15p is broken we should see a whole new wave of buying, and a move to 19/20p pretty quickly.